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How To Use Remaining Wellness Dollars Now To Update Your Employee Wellbeing Strategy

Updated: Nov 22


Five ways to use your wellness dollars and remaining HR budget to support employee mental health.
Image from Getty Images "Mental Health In The Workplace" curation in partnership with Mind Share Partners

The future of work is rooted in human sustainability—prioritizing both employee wellbeing and productivity. Workers want safe, supportive, and sustainable work cultures—they want flexibility and a voice.


Employers who want to remain competitive in attracting and retaining top talent need to get to the root of the problem—relying on apps and benefits alone won’t work.


This is why Mind Share Partners' proactive approach gets to the root of the problem by integrating mental health into the employee experience. And you don't have to wait until the new year, you can start now and use your remaining insurance wellness dollars to fund it.


Keep reading to learn how to maximize your wellness dollars or remaining HR budget before the year ends.


Wellness Dollars Can Be Used To Invest in Workplace Mental Health Initiatives


In our work with global organizations, we’re noticing companies deploy their insurance-funded corporate wellness dollars—also called carrier wellness funds, or health engagement/improvement funds—towards mental health. Wellness dollars are funds insurance carriers include in their coverage for companies to invest in employee health initiatives, and they cover a wide range of corporate wellness programs.


You may not realize that you have wellness dollars at your disposal. These funds must be used by the end of the year, or you lose them. Find out if your insurance provider includes wellness dollars in your plan. If they are, inquire about what types of corporate wellness programs qualify. If not, consider negotiating them into your contract for the next plan year.


Invest in a culture change strategy.


Our culture change approach is data-driven, and can look different for every organization depending on the size, industry, culture, and many other factors. We get to the root causes that are harming employee wellbeing by looking at work practices, policies, skill-sets, leader messaging, and the ways in which work is accomplished.



We start with discovery and data to inform and create a custom strategy. The data we use in grounded in employee experience and voice—which sets our approach apart.


From there, we'll focus on both skill building and programmatic elements that reduce stigma, increase safety, build awareness, and foster a mentally healthy work culture. This is where real change begins.


This often includes programs like all-team storytelling sessions to break through stigma and build connection, to tailored manager training to build the skills and core competencies needed to create work and team environments that have a positive impact on employee wellbeing. We also tailored consulting on internal mental health initiatives.


We will walk you through these options, and create a customized approach that aligns with your company's needs.


What does this look like in action?


Here are a few culture change case studies from companies that have partnered with us.



Whether you have remaining wellness dollars or HR budget, you can apply your remaining funds to revamp your mental health and well-being strategy now, and start your programming in the new year.


To get started, connect with us and put “use wellness dollars” in your message.


 

About Mind Share Partners


We believe work is a force for good that can transform mental health and wellbeing—for all workers. As a nonprofit, we provide consulting and advocacy that redefine the future of work.


Mind Share Partners is a nonprofit that is changing the culture of workplace mental health and wellbeing so that both employees and organizations can thrive. Since 2017, we have been the industry leader in workplace mental health through consulting, and movement building. We partner with nonprofits and global business leaders in retail, tech, hospitality, and finance to prioritize both employee wellbeing and productivity. Our work has been featured in Harvard Business Review, Washington Post, Forbes, Fast Company, Good Morning America, and The New York Times.

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