Employee wellness – a concept long embraced by employers as a linchpin of increasing workplace productivity and decreasing health care costs – is undergoing a makeover.
"More and more employers are understanding wellness as a three-legged stool — physical, mental and financial," says Freeman, vice president of St. Louis-based Four Seasons Financial Education (FSFE), which provides workplace financial wellness tools.
Workplace wellness programs have, in their nearly three-decade history, addressed physical and mental health through lifestyle and disease management. According to some estimates, today's wellness industry is worth around $6 billion. And 78 percent of employers offered some form of wellness benefit last year, according to the Society of Human Resource Management.
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