How do you define employee wellness?

Chris Freitas • Jun 27, 2023

More than just a buzzword, employee wellness has emerged as a crucial concept in the modern workplace. The impact of disengaged employees on productivity and the economy is staggering, costing the U.S. economy billions of dollars annually. In order to address this issue and foster a healthy and productive workforce, businesses can adopt a holistic approach to their employees’ health. Let’s define employee wellness and go over the various ways that it can affect workplace productivity.

What is employee wellness?

Employee wellness is the overall well-being of your team. It extends beyond their physical health, although that is still important – this concept also addresses an employee’s emotional, financial, and social health as well. Given how much time employees spend in the workplace, employers that emphasize positive employee wellness can have a significant impact on their employee’s overall health.

That’s employee wellness in the abstract, but what does it look like day-to-day, and how can employers make practical changes to address it? Let’s break down this term into actionable solutions and the benefits of addressing each aspect of wellness.

Physical Wellness

Physical wellness is a fundamental aspect of employee well-being. Employers play a pivotal role in promoting a healthy lifestyle by offering resources and benefits that support exercise, proper nutrition, and overall physical health. Access to comprehensive healthcare benefits is especially important, as it’s one of the biggest stressors that Americans commonly face. All forms of wellness can suffer if physical wellness isn’t addressed.

That’s why KBI Benefits strives to provide your employees with a quality healthcare plan that comprehensively addresses their physical wellness needs. With a strong, healthy foundation, employees are more likely to innovate and remain loyal to their employers. Speak with a KBI Benefits agent today to learn more.

Emotional Wellness

Addressing mental health in the workplace is vital to ensure employees feel supported and valued. Employers can do their part by raising awareness of mental health in the form of workshops and mental health training programs, which can help to remove the stigma around addressing one’s mental health. This can help employees feel seen and supported.

Providing holistic mental health resources can also go a long way to helping struggling employees come to terms with their mental health. Employee benefits plans can empower employees to seek a professional when they need one, which allows them to address and nurture their emotional wellness at their own pace.

Financial Wellness

Financial wellness is closely tied to overall employee well-being, as money-related stress can impact all aspects of life. If an employee feels financially secure, they’re more likely to be content with their job and remain with the company. Employers, in turn, can benefit from retaining highly trained employees. This means less turnover, and less money spent on hiring and training new employees.

Employee benefits offer an excellent method of supporting your team’s financial wellness without ballooning expenses. KBI Benefits can help you develop a wellness plan at a fraction of the cost of competing employee benefits solutions.

Social Wellness

Traditional workplace socializing took an unexpected turn in 2020, and many teams started to experience less and less facetime with one another. While it may not be immediately obvious, the time that employees could spend socializing with one another during work hours can be imperative to building a strong team rapport and even to improving workflows. Employees could bounce ideas off one another, learn about each other’s jobs and specialties, and gain knowledge about their position within the company. Embrace your employees’ desire to chat – it could benefit your organization more than you realize.

Conclusion

Employee wellness is not just a passing trend; it is an essential aspect of building a healthy and productive workforce. KBI Benefits understands the significance of comprehensive employee benefits plans that address physical, emotional, financial, and social wellness.

By offering creative financing options and regular optimization check-ins, KBI Benefits helps businesses save up to 20-40% on their employee benefits budget, ensuring that both the company and its employees can thrive. Speak with a KBI Benefits agent today to start supporting your employees’ wellness in all its forms.

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How to Receive UnitedAg Medical Insurance

by Chris Freitas • 06 May, 2024

As the agricultural sector evolves and expands, the need for comprehensive medical plans tailored to the unique demands of this industry has become more pronounced. That’s why KBI Benefits is proud to offer UnitedAg medical plans designed specifically for agribusinesses, providing a robust solution to protect your employees and your agribusiness. Let’s discuss what agriculture medical insurance is, who it’s for, and how KBI Benefits can help you get started. What is Agriculture Medical Insurance? Agriculture medical insurance, particularly in the context of medical plans, offers coverage that protects farm owners, operators, and their employees against the financial burdens of medical expenses. This insurance is essential for mitigating the risks associated with illnesses and injuries that can be common in a physically demanding job. Health insurance for agribusinesses not only covers medical and hospital bills but often also includes wellness programs and preventive care, which are crucial in maintaining a healthy workforce. How to Receive Agriculture Insurance for Your Agribusiness The scope of agriculture medical insurance, extends to many entities in the agricultural sector, including entities that empower or influence agricultural businesses. This includes: Agriculture Production: Businesses engaged in crop and livestock production. Agricultural Services: Companies providing support services to the agriculture sector, such as soil preparation, planting, and harvesting. Forestry and Timber: Entities involved in the management and production of forest resources. Commercial Fishing and Hatcheries: Businesses focused on the breeding, raising, and harvesting of fish and other aquatic species. Agribusiness Support: Firms involved in the processing, distribution, and marketing of agricultural products, as well as those supplying equipment and inputs like seeds, chemicals, and machinery. To qualify for UnitedAg medical plans through KBI Benefits, companies must demonstrate that they derive at least 51% of their income from production agriculture or agribusiness-related activities. Most businesses within the Standard Industrial Classification (SIC) Codes for Agriculture, Forestry, and Fishing are eligible, although there are specific criteria and exceptions that may apply. Speak with a KBI Benefits agent today to learn more. How KBI Benefits Facilitates Agriculture Insurance KBI Benefits, in collaboration with UnitedAg, provides specialized medical plans tailored to the needs of the agricultural industry. Our recent appointment to offer agriculture medical plans underscores our commitment to enhancing the well-being of those who work hard to feed the nation. Here's how we help: Customized Solutions: We understand that no two agribusinesses are the same. KBI Benefits offers personalized consultations to ensure that the coverage meets the specific needs of each business, considering factors like company size, types of activities, and employee needs. Easy Accessibility: Our team of dedicated agents is just a call away, ready to guide you through the process of selecting and setting up the right plan for your business. Comprehensive Coverage: The UnitedAg medical plans offered by KBI Benefits cover a range of health services, from emergency care and hospitalization to preventive wellness programs, ensuring comprehensive coverage for your workforce. Support and Advisory: Beyond just providing insurance, we serve as a partner in ensuring the health and productivity of your employees, offering ongoing support and advice regarding your agriculture medical insurance to keep your operations running smoothly. Conclusion The health of your employees is as critical as the health of your agribusiness. In an industry as physically demanding as agriculture, having the right medical coverage is not just beneficial; it's essential. Protect your most valuable asset—your people— by speaking with a KBI Benefits agent today . We'll help you choose the agriculture medical insurance plan that best suits your agribusiness's needs, ensuring peace of mind and fostering a healthier, more productive workforce.