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2023 Employee Wellness Trends

employee wellness trends 2023

3.5 minute read

Employee well-being will be a primary focus for employers this year. Now more than ever, employees want to feel that they belong in a workplace and feel recognized, appreciated, and safe. When employees feel this way, they tend to manage stress better, experience less burnout, take fewer sick days, and increase their job performance. Thus, employers can gain positive benefits by caring for their workforce.

Here are some popular employee wellness trends for 2023.

 

Employee Wellness Trends for 2023

Mental Health Resources

Employees continue to face stress, anxiety, depression, and other mental health issues in their personal and professional lives. There has been a positive shift in the attitudes about employee mental health, and employers are increasing their mental health support through benefits and other workplace resources.

One way to address employee mental health is by ensuring that it’s an essential part of an employer’s overall health care offerings. Employers may do this by expanding their telehealth services, employee assistance programs and increasing the use of mental health apps. Offering diverse resources which provide behavioral, social, and emotional services can help employers improve their workforce’s overall well-being.

 

Work-Life Balance

Remote and hybrid work arrangements are now becoming the norm in many organizations. But as the boundaries between work and home are blurred, employees may experience burnout or a decline in their mental or physical health.

Employers are offering comprehensive wellness offerings, robust resources, and support to help. Taking a holistic approach can help to address all aspects of the body and mind. Health plans may include access to mental health professionals and help dealing with stress and depression.

 

Financial Wellness Resources

Money is a top stressor for employees. With multigenerational workforces, employees will have different financial goals in mind, from starting a family, to building a nest egg, or saving for retirement. That’s why it is important for employers to offer financial guidance and wellness programs that provide a wide variety of services, resources, and support. Financial wellness is a critical component of well-being and can be a competitive offering in today’s labor market.

 

Health Equity

The pandemic shed some light on many health disparities (health care, income, and childcare) that many faced during this time. To tackle these inequalities, some employers are making employee benefits and wellness programs more affordable and inclusive. The goal is for all employees to be able to access the care they need.

Employers can select providers striving to make health care more affordable and accessible to all their employees. Employers have a greater chance to help employees maximize their full health potential by supporting the efforts that advance health equity where they live and work.

 

Conclusion

Mental and financial wellness are significant pain points in 2023. Employees will need resources for handling mental health and financial challenges as well as support for working in remote or hybrid settings.

Employers are expected to explore programs and initiatives that ensure all employees have access to the physical, mental, and financial benefits they need to address the short- and long-term impacts of the pandemic and current economic landscape.

Organizations can start by evaluating their current wellness initiatives and thinking about ways to improve them. It may be helpful to survey employees to see what they find valuable and necessary for their overall well-being. Download the bulletin for more details.

 

Resource

Mental Health Resources

 

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This blog is intended to be a compilation of information and resources pulled from federal, state, and local agencies. This is not intended to be legal advice. For up to the minute information and guidance on COVID-19, please follow the guidelines of the Centers for Disease Control and Prevention (CDC) and your local health organizations.

National Insurance Services is not a law firm and no opinion, suggestion, or recommendation of the firm or its employees shall constitute legal advice. Readers are advised to consult with their own attorney for a determination of their legal rights, responsibilities and liabilities, including the interpretation of any statute or regulation, or its application to the readers’ business activities.

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Steve Smith

Steve Smith

Steve Smith, Employee Benefits Consultant for National Insurance Services, has his energy level permanently set at “high.” His maxim is “work hard, play hard.” Steve’s an expert in getting groups of people working together for a higher cause. Minnesota schools, cities, and counties rely on Steve’s unique and creative ideas of engaging employees in their own health and wellness to lower utilization trends. He has 20+ years in the health insurance field doing compliance, cost mitigation, utilization, analytics, wellness plans, and strategic planning. Steve is a licensed insurance agent and holds the designations for Managed Healthcare Professional (The Health Insurance Association of America), Certified Patient Protection and Affordable Care Act Professional (National Association of Health Underwriters), and Group Benefits Disability Specialist (Hartford School of Insurance). He specializes in Employee Benefits Consulting for Minnesota schools, cities, and counties including fully insured, self-insured, and stop-loss plans.