As we progress through 2021 with the vaccine roll-out, many companies are deciding to keep their workforce remote due to the effectiveness in productivity as well as reduced costs. Others are turning to a hybrid model, staggering employees with a few days in the office and a few days at home. While working from home has benefits for both employers and employees, it can also have negative impacts on mental health, and for some, that impact is detrimental. For this reason, it is important that employers put wellness incentive programs in place to support their employees’ mental health.
Personal finance is ranked as a leading cause of employee stress in the United States each year. Neighborhood Trust Financial Partners found that nearly 50% of U.S. employees suffer from financial stress and The American Psychological Association conducted a study that concluded 72% of Americans have stressed over money at least once in the past month.
Administrative Professionals Day is a day that recognizes and celebrates the work of administrative professionals--executive assistants, personal assistants, receptionists, client services representatives, admin assistants, and other administrative support professionals--for their contributions to the workplace. The tradition of Administrative Professionals Day started in 1952 and it is common to show appreciation through cards, flowers, chocolates, and celebratory lunches. With many organizations working remotely, recognizing admins will have to be a bit more creative.
For most organizations, the largest benefit expense is employer-sponsored health insurance plans. According to the Kaiser Family Foundation, the average annual premium for employer-sponsored health insurance in 2019 was $7,188 for single coverage and $20,576 for family coverage.
International Women's Day (IWD) is a global holiday celebrating the achievements women have made socially, economically, culturally, and politically around the world. IWD is an acknowledgment of the progress women have made as well as a call to action to keep pushing for equality for future generations.
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