Total Rewards
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Total Rewards
Total Rewards refers to the integration of everything that employees value in the employment relationship including compensation, benefits, wellness/work-life, professional and organizational development. A Total Rewards strategy assists organizations as they make the most cost-effective resource allocation decisions to attract, retain and engage the talent required to achieve organizational objectives, reach optimum productivity and ensure sustainable costs.
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5 reasons worksite benefits matter more than ever | BizTimes Media

5 reasons worksite benefits matter more than ever | BizTimes Media | Total Rewards | Scoop.it
Supplemental health benefits can help create a more appealing benefits package for employees because they go beyond typical healthcare insurance.
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Corporations approach wellness incentives warily - BenefitsPro

Corporations approach wellness incentives warily - BenefitsPro | Total Rewards | Scoop.it
What do you suppose the outcome would be if less than 75 percent of companies with sales teams didn't set goals for their salespeople, but just paid everyone the same?
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Large organizations have a tough question a head of them - To "Incent" or not to "Incent" and is it compliant.  Great article addressing the issues.

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Program teaching health, wellness to elementary schoolers - News Dispatch

Program teaching health, wellness to elementary schoolers - News Dispatch | Total Rewards | Scoop.it
MICHIGAN CITY — Safe Harbor, the after-school program for students in Michigan City Area Schools, has finished its third week of incorporating Operation Fit Kids from the Minority Health Coalition of La Porte County into its programming at Edgewood...
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Sounds like a great program.  I would like to see more of this in the St. Louis area.  

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Making Way for Consumerized Healthcare

Making Way for Consumerized Healthcare | Total Rewards | Scoop.it
Demand for greater transparency in medical costs is giving rise to the consumerization of the healthcare industry.
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great article on healthcare transparency. 

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6 Benefits Your Employer Is Legally Required To Offer - Business Insider

6 Benefits Your Employer Is Legally Required To Offer - Business Insider | Total Rewards | Scoop.it
6 Benefits Your Employer Is Legally Required To Offer
Business Insider
But in addition to those extravagances, there's also a set of baseline benefits all employers are required by law to provide.
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This info graphic really helps point out some of the pieces that go into a Total Rewards Strategy.

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How much will that MRI cost? Patients often in the dark

How much will that MRI cost? Patients often in the dark | Total Rewards | Scoop.it
Many patients now have insurance plans that require them to pay a larger share of their medical bills. But finding out what their care will cost remains difficult, if not impossible.
Mike Vassel's insight:

Great article!  Talk to me if you are having issues with transparency.  There is a way!

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Employee wellbeing rises up the corporate agenda - Employee Benefits

Employee wellbeing rises up the corporate agenda - Employee Benefits | Total Rewards | Scoop.it
Employee Benefits Employee wellbeing rises up the corporate agenda Employee Benefits There are clear business benefits for organisations that support staff health and wellbeing, including lower absence rates, higher productivity and better employee...
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Study after study showing the importance of corporate wellness.  The benefits  will never out weigh the impact it will have on you and your family.  

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‘Fed Up’ documentary sums up obesity epidemic in one word: sugar - The Boston Globe

‘Fed Up’ documentary sums up obesity epidemic in one word: sugar - The Boston Globe | Total Rewards | Scoop.it
Eve O. Schaub, author of the memoir “Year of No Sugar,” reviews a new documentary called “Fed Up” that blames sugar for the obesity epidemic and the shortened lifespans that overweight children in America now face.
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Great article.  I look forward to watching this documentary.  Another one to see is "Fat, Sick, and Nearly Dead".  

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6 new strategies for wellness - BenefitsPro

6 new strategies for wellness - BenefitsPro | Total Rewards | Scoop.it
BenefitsPro
6 new strategies for wellness
BenefitsPro
This notion is fueling initiatives such as Healthy Kitchens/Healthy Lives backed by the Harvard School of Public Health and our successful approach to wellness supports for employer groups.
Mike Vassel's insight:

Very true.  The benefits of eating fresh fruits and veggies are so essential all the way down to a cellular level.  

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4 Traits of a Quality Corporate Wellness Firm

4 Traits of a Quality Corporate Wellness Firm | Total Rewards | Scoop.it
Wellworks is a quality corporate wellness firm dedicated to bringing you customizable wellness services. (http://t.co/HtRh5ZgLgt In the market for a corporate wellness firm?
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Agreed

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What if our healthcare system kept us healthy?

What if our healthcare system kept us healthy? | Total Rewards | Scoop.it
Rebecca Onie asks audacious questions: What if waiting rooms were a place to improve daily health care? What if doctors could prescribe food, housing and heat in the winter?
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Great insight on what health really is. 

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Wellness programs grow more popular with employers

Wellness programs grow more popular with employers | Total Rewards | Scoop.it
That little voice nagging you to put down the cake and lace up the running shoes is increasingly coming from your employer and is likely to grow louder with a looming change under the federal health care overhaul.
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Small changes can make a significant impact on your health!

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2 weeks left to comment about school wellness policies!

2 weeks left to comment about school wellness policies! | Total Rewards | Scoop.it
Attn: Parents, kids, teachers: speak up about local School Wellness Policies proposed rule by Monday 4/28/14 http://t.co/F7niIPH61n
Mike Vassel's insight:

This is great!  Wellness programs are so important for businesses why wouldn't we want to implement something in our children's schools.  Health children lead to a healthier workplace. I remember when I was in school and my lunch consisted of a raw cookie, pizza, chips, and a soda.  

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Wellness Wednesday: How to Lose the Weight You Packed on This Winter - The River City News

Wellness Wednesday: How to Lose the Weight You Packed on This Winter - The River City News | Total Rewards | Scoop.it
Well, winter will hopefully be coming to an end soon, which means swimming season will be here before we know it.  
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Good advice as we start looking forward to spring and summer.  

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IRS identity theft cases increase across St. Louis area

IRS identity theft cases increase across St. Louis area | Total Rewards | Scoop.it
Identify fraud is a big concern when it comes to filing taxes, and for good reason. More cases of IRS identity theft are popping up across the region.
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It's a shame this is happening.  All the more reason to ensure protection.  

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Mass. Becomes First State To Require Price Tags For Health Care - WBUR

Mass. Becomes First State To Require Price Tags For Health Care - WBUR | Total Rewards | Scoop.it
For the first time, health care prices are public. Right this minute, if you have private health insurance, you can go to your health insurer's website and find the price of everything from an office visit to an MRI to a Cesarean Section.
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Interesting #transparency 

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Changing Corporate Culture Is Hard. Here's How Lenovo Did It. - Wall Street Journal (blog)

Changing Corporate Culture Is Hard. Here's How Lenovo Did It. - Wall Street Journal (blog) | Total Rewards | Scoop.it
Wall Street Journal (blog)
Changing Corporate Culture Is Hard. Here's How Lenovo Did It.
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Changing corporate culture can be a difficult task.  See how Lenovo did it. 

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Employers Turn to Reference-Based Health Pricing

Referenced-based pricing, reduced dependent subsidies and "gating" strategies are also on the rise as health benefit cost-mitigation measures.


Via Sean Brownson
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Great Article. Talk to me if you want more information about RBP.

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The new corporate wellness program: On-site gardens

The new corporate wellness program: On-site gardens | Total Rewards | Scoop.it
A small but growing number of local companies are planting gardens to encourage healthier lifestyles — and a bit of bending, stretching and bonding — for their employees.
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Great idea!  Would love to see more of this...

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The Business Benefits of Providing Snacks as an Employee Perk

The Business Benefits of Providing Snacks as an Employee Perk | Total Rewards | Scoop.it

I see many employers doing thisProviding employees with nutritious snacks should never be viewed as an unnecessary business expense.

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I see many employers doing this.  I have even come across companies providing lunch everyday as well.  

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Weighing the Obesity Factor in Workers' Compensation - ClaimsJournal.com

Weighing the Obesity Factor in Workers' Compensation - ClaimsJournal.com | Total Rewards | Scoop.it
Daily Mail
Weighing the Obesity Factor in Workers' Compensation
ClaimsJournal.com
Obesity costs U.S. businesses $13 billion a year, according to Reuters.
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These two factors definitely tie together.  If you find this interesting you should look up the self reported obesity trends in the US on the cdc website.   It is shocking how much we have grown...

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What Makes Wellness Work?

What Makes Wellness Work? | Total Rewards | Scoop.it
We're an independent agency in Santa Barbara focused exclusively on implementing the most effective, efficient and financially sound benefit programs possible. (I am now a Certified Corporate Wellness Specialist!
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A Year of Books, Toys & Diapers – Innovative Employee Benefits That Are Good For Babies AND Corporate America

A Year of Books, Toys & Diapers – Innovative Employee Benefits That Are Good For Babies AND Corporate America | Total Rewards | Scoop.it
Westport, CT (PRWEB) April 28, 2014 -- Companies are starting to think outside the box when it comes to perks for employees. As healthcare costs skyrocket, employers are incentivizing expectant women to participate in prenatal wellness programs.
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As a father of 2, both in diapers, A Year of Diapers sounds like a great employee benefit.  #employeebenefits

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Corporate wellness and fitness programs can make a big difference in ... - Washington Observer Reporter

Corporate wellness and fitness programs can make a big difference in ... - Washington Observer Reporter | Total Rewards | Scoop.it
Corporate wellness and fitness programs can make a big difference in ...
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Wellness works.  We have the resources and insight to make your wellness strategy successful.

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2014 Healthcare Price Transparency Report Card | PayerFusion CEO's Blog

2014 Healthcare Price Transparency Report Card | PayerFusion CEO's Blog | Total Rewards | Scoop.it
The CPR and HCI3 released its 2014 report card on price transparency in healthcare. Results have shown little improvement since last years report. (Report: #PriceTransparency efforts have failed to improve in sharing TRUE #HealthcareCosts.
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Incredible...this needs to change.

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