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Survey: CFOs Value Employee Wellness Over Cost Savings
Despite their role managing corporate expenses, CFOs are more concerned about how well benefits make employees happy and healthy than the costs of plans. This year, IBI, in partnership with CFO Magazine, surveyed more than 300 financial executives to better understand how they incorporate benefits strategy into their financial decisions.
How To Combat Employee Isolation
As the year draws to a close, social distancing-related fatigue is wearing down even the most independent and introverted people. The pandemic continues to fuel feelings of loneliness and isolation, threatening employee wellness and productivity along with it. While awareness about this aspect of well-being has certainly risen over the past several months, companies may be unsure of how to handle the problem effectively.
Study: Spouses Can Help (Or Hurt) Employee Health
A new study published in JAMA Network Open looks at what spouses have in common when it comes to their physical health. While people do tend to marry those that share common interests or backgrounds, habits like exercise and diet naturally affect the routines and lifestyle choices of those in the same household.
Survey: Demand For Value-Based Health Care Increasing
Willis Towers Watson recently conducted their 2020 Health Care Delivery Survey, in an effort to illuminate the strategies employers are using in their health care benefits and programs. Their research revealed that 73% of employers plan to adopt or expand new types of healthcare delivery models over the next three years, such as high-performance narrow networks and centers of excellence.
Study: Happy Employees Are 13% More Productive
Employers may want to take note of just how important a positive emotional state can work to their advantage when it comes to employee productivity. In a study conducted by the University of Oxford Saïd Business School, researchers found that happy employees are 13% more productive.
Social Distancing Measures Fuel Employee Loneliness
In the wake of COVID-19, social distancing measures taken across the country have created more isolated workers than before. A lonely employee is more likely to perform poorly, switch jobs frequently, earn fewer promotions, and feel less satisfied with their career. For employers, the loss in productivity isn’t the only concern either; healthcare costs are also much higher for these workers.
Skeptical Employees Fail To Use Increased Benefits During COVID-19
Over the last several months, many companies have revamped their employee benefits due to the pandemic. While employers should commend themselves for taking proactive steps to support employee wellness and productivity, they should not overlook how their workers feel about using (or not using) these new and improved benefits.
Survey: 37% Of Employees Highly Resilient
It’s safe to say that this year has been unusually difficult for the average employee, given the complications created by COVID-19. According to the Cigna Resilience Index, these struggles are taking a measurable toll on Americans, as roughly 60% are currently struggling to maintain resilience.
Survey: Quarter Of Women May Scale Back Careers
The 2020 Women in the Workplace report highlights how women, especially women of color, have been disproportionately been impacted by COVID-19. They are more likely to have been laid off as well as three times as likely as working fathers to be handling a majority of housework and childcare responsibilities.