It’s become a popular catch-phrase in corporate America this year: Wellness Programs. It’s why staffers are seen walking around the office wearing Fitbit devices that measure their vital statistics. So reports U.S. News & World Report.
It’s rapidly becoming a quaint image of post-World War II, 20th-century life. A professional man (mainly) works for the same company for 25 or 30 years until age 60 or 65; retires with a gold watch, a farewell party and a pension; and spends the rest of his days fishing or playing golf.
In a move designed to reduce costs and raise the level of efficiency in their 401(k) plans, many employers are planning changes to their retirement programs. The move is partly a response to higher plan administration and recordkeeping fees, but also an effort to raise the level of employee savings. So reports U.S. News & World Report.
A company is only as good as the people populating the payroll. A never ending quest to attract the most qualified candidates, ensure they are in a mutually beneficial relationship with the company they work for and are constantly improving is one of the most complex challenges that a business, company or organization will face.