Q&A

"Stigma and access are often the primary culprits that prevent employees from utilizing mental health benefits," said Mindi Cox, Chief People Officer at O.C. Tanner.

"There are a lot of people who are dealing with and suffering from mental health conditions. That can impact the workplace, which can lead to more discrimination claims," said Chris Williams, Employment Practices Liability Product Manager at Travelers.

"The business impact of financial and mental wellness initiatives can be seen through feedback from HR teams and employees, via productivity measures and in employee retention trends," said Tanner Bergman, Head of Wellbeing at Paycom.

"One of the biggest mistakes employers can make is creating a policy that they’re not willing to enforce," says Andrew Farah, CEO of Density.

"We are seeing change rapidly with the increasingly high annual maximums being offered in the market and as brokers become more aware of the true value received when members access preferred pricing for services at the dentist through network discounts provided by their insurance," says Sam Melamed.

"Banning DEI initiatives shatter the trust that employees have in their employers’ commitment to creating an environment where every person, every idea, and every perspective is welcomed," says Sarah Reynolds, chief marketing office at HiBob.

"Investing in your team means investing in your company," says Vickie Chen, CEO & founder at Avia.

Einat Steklov, CEO & co-founder of Kashable, a financial wellness company, believes employers need to address both immediate and long-term financial needs for their employees.