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June is Employee Wellness Month, the perfect time to take a close look at your wellness program and other initiatives to improve physical, mental and financial health.

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Employers are upping the ante on employee wellness programs

Not only are companies planning to expand existing programs, but they’re increasing incentives to entice workers to buy into such programs.

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The average wellness program incentive increased to $784 for 2018, up from $742 in 2017. (Photo: Shutterstock)

It’s becoming more tempting for employees to take part in employer-offered well-being programs, as bosses increasingly add or expand such programs and boost rewards offered to employees who participate.

That’s according to the ninth annual Health and Well-Being Survey from Fidelity Investments and the National Business Group on Health, which finds that not only are companies planning to expand existing programs—67 percent, in fact, plan to do so over the next 3–5 years—but they’re upping the ante to entice workers to buy into such programs.

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Marlene Satter

Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

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