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Tuesday January 31, 2017
We're Hiring
McFadden Benefits | Pension | Wellness is looking for a Benefits Super Star
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Tuesday January 10, 2017
McFadden Benefits Opens Office in Saskatchewan
McFadden Benefits and Rusu Financial Inc. merge to create a multi province benefits, pension and wellness advisory firm.
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Thursday September 29, 2016
Investing in Wellness
The best investments lead to the greatest returns in the form of engagement, productivity, loyalty, talent, morale... and of course lower health related costs like absenteeism, presenteeism, medication or even disability. But what are the best investments?
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McFadden Benefits:

Investing in Wellness

Posted by: Mark Tisdale

There are so many ways to invest in the health and wellbeing of your people. The best investments lead to the greatest returns in the form of engagement, productivity, loyalty, talent, morale... and of course lower health related costs like absenteeism, presenteeism, medication or even disability. But what are the best investments? Well, maybe the ones that lead to the greatest behaviour change and adoption of healthy habits? But how will you know?

One popular option is to simply provide flexibility to employees to spend money themselves on what they feel will help THEM the most. A recent article in Benefits Canada talks about how IMAX has had success with a $500 flexible spending “wellness” account. A more common offering for large employers, but may be worth considering.

Here's a link to the Benefits Canada article:

http://www.benefitscanada.com/news/how-imax-supports-employee-wellness-through-flexible-funding-86539

If you’re not sure where to start, don’t suffer in silence. That’s what we’re here for. It’s more important THAT you start, than WHERE you start. You’ll learn as you go, adapt your thinking and find your way to the best investment. We’re here to guide you based on what we’ve learned from others like you, but at the end of the day it will be your unique culture, location, size, structure and people that will lead you to what is right for you.

Some other ideas include:

  • Bringing healthy food in and getting rid of the junk
  • Creating a workplace garden
  • Inviting experts to speak or provide wellness related workshops
  • Launching a fun fitness or nutrition challenge

Investing in workplace wellness for prevention of illness and disability is an important part of being a responsible employer. It’ll also help you get and keep the best people. “An ounce of prevention is worth a pound of cure”, so find out what an ounce means to you (5% of your benefits spend for example) and get started. We’re ready when you are ;-)

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