Solving the Myths Surrounding Employee Benefits & Wellbeing
There are myths and questions that follow us in nearly every area of life and employee benefits and wellbeing are no different. Let’s take a look at four of the “most popular” employee benefits and wellbeing myths and debunk them with knowledge on the topic.
MYTH: Investing in employee benefits is not a valuable investment.
FACT: Investing in the health and wellness of your employees is perhaps, the most valuable investment. Health and wellness expert Carol Phillips recently shared that nearly 95 percent of American workers have some sort of illness, injury or disease – many of which are undiagnosed and not being treated or dealt with. Phillips said, “Healthy employees are more productive and tend to positively contribute to the overall morale of the organization.” Productivity and positive morale might be two of the biggest and most valuable investments that an employer can make – for both the health of their employees and the health of their business.
MYTH: Analytics don’t play a crucial role.
FACT: You wouldn’t want the pilot of your aircraft to start your trip without first taking a look at things like the weather or status of the airplane; so why would you want your benefits team to do it with their programming?
“Organizations may have a deluge of data,” an article in Health Data Management, said. “But without having data structured or related to care-based decisions, organizations are, in essence, flying blind.”
Analytics, and the data that comes from it, has the ability to deliver novel analytics and transform disconnected data into actionable intelligence and insights – insights that play a big role in the effort to improve health status for a community.
MYTH: Wellness is one-sided.
FACT: Traditionally, wellness programs are highlighted by an annual step challenge or a yearly check-in with a nurse that stops by the office for a day of screening or health information sharing. While these two things are both very valuable when it comes to the health and wellness of your employees, wellness programming has expanded to include things like mental health, financial wellbeing and more. Employees want more and are looking for more holistic solutions to their benefits and wellbeing needs.
MYTH: You can do it alone.
FACT: It would be great to be able to be an expert at everything, but sometimes, that’s not possible. If you’re working to turn around the first three myths, this final one is an important piece to your puzzle. The best way to manage your investment, understand and utilize your data and expand your programming is to have the best team around you. Consulting with population health analysts and health and wellbeing coaches are examples of people who can help you best help your employees and in the end – improve your population health.
DHS Group’s team of wellness coaches, customer success representatives and population health consultants are ready to help you deal with the wellness and benefits myths you have been following – starting with where you are, finding what’s right for you, and helping you make the commitment for the long haul.
To get started, contact us here.