Find your Financial Bliss

Posted by Tasneem Panchbhaya 

How many of you have found yourself in a situation where you looked at your recent credit card statement and are in disbelief by what you see, because like most, people are now tapping/swiping their cards without giving it much thought, and bringing your spendure to more than expected? Or, have you found yourself in a situation, where your cash income is going to be delayed, so now you don’t know how your going to cover your major, necessary expenses. If any of these situations or similar ones apply to you, just know you’re not the only ones. A Manulife study, states that about 40% of people in North America are financially unwell and 26% of people are doing “okay”. Meaning only 34% of people are making the right strides to better financial health.  

As nice winning the lottery would be nice, it often times actually will not make your financial situations better. More money does not equal better financial wellness, and here’s why: financial wellness is the relationship one has with money, meaning are you able to keep your spending within you comfort, and are prepared for any unexpected financial emergencies (do you have savings/rainy day funds); do you have access to any resources or tools that you need to make good financial decisions; are you ready for the future, have you started making plans to achieve your goals? These are the types of questions that should be surfacing in your mind when you think about your finances. When you think about your financial wellness, it shouldn’t feel like an uncomfortable topic, you shouldn’t have to get depressed every time you think of money (or lack thereof).

Now the overbearing question, why does any of this matter for both the employees and employers? When an individual (employee) has the financial bliss they need, they are able to produce better work because they’re more productive and more engaged, because they’re less stressed, and therefore are more likely to stay on the job.

According to a study by Mercer, when you have financially stressed employees, 22% have reported missing at least 1 work day to take care of any financial issues; 15% have spent more than 20 hours or more in a month while at work, thinking about their financial situations; and 20% said to actually leave their job because of their financial stress.

As employers, who want the best for their employees overall health, as well as retaining productive employees, it’s a matter that should be taken into the hands of the organization in order to provide tools that can help bring upon financial stability for their employees and as a result bringing down any indirect cost associated.  

Here are my top 3 tips for finding better financial wellness!

1. Plan

budgeting_shutterstock_479095678

Experts cannot stress enough how important planning is for your financial wellness. I know saving for the future and/or emergencies, isn’t as fun as splurging on unnecessary necessities, however planning ahead makes the world of a difference. Planning works hand in hand with goal setting, setting goals (both short, medium, and long term) will help make planning easier, figuring out what you value makes deciding where and how much you need to save for the future. It also makes daily/weekly spendings a lot easier to control since now you can differentiate what you need from what you want.

2. Investing

investy1243

Similar to planning, it’s essential that employees start investing into their future retirement, it’s never too early or too late to start. Investing into retirement savings that accumulate compound interest over time will help increase your savings without lifting a finger. Knowing you’re financially prepared for the future will  help release any stress or doubts you were having about life after retirement.

3. Control Debt 

debt_sized-1024x626

This last tip is a given, the best way to increase your financial wellness is by decreasing any financial debts that you have. Many of us have to juggle (student) loans, credit card payments, recurring expenses like car or housing, and much more. You’re priority when it comes to paying off loans or debt is to start with the ones with the highest interest rates, if you can clear those ones out first, it’ll be better for you in the long run because the higher the interest rates, the higher accumulation of debt.

Make the most of what you earn through Optimity, we can help you stay on track by providing you with the tools you need to make better strides with your financial wellness. Our platform, is innovating and constantly changing to meet the needs and demands of every busy individual. Let us help you, help yourself. We know that it can be hard to juggle your financial health as well as all other aspects of your wellness, but we can make that easier for you. Contact us to learn more about how you can make the burden of financial wellness easier and fun! All you need is the right platform with the right tools to help guide you!

Sign up here to start leading a healthier life and claiming rewards!

iOS | Android

How to Eat Smart  

Posted by Tasneem Panchbhaya 

Eating healthy shouldn’t be a struggle, don’t let your long busy day hold you back from making healthy choices. Sometimes we know what the right choices are, we just don’t make them because of the unhealthier temptations around us or because we prioritize work over lunch. However, nutrition is vital if we want stay healthy, prevent illness and have a successful job performance, with a positive outlook.

Here are our top 3 tips on how to eat healthy while you work through your busy work day:

1.  Eat Breakfast
IMG_0465

Don’t hit snooze on your alarm, it’s better to get up 10 minutes early and have yourself a quick breakfast than to sleep in a little longer. I know when I’m trying to rush to work, the last thing on my mind is having breakfast in the morning, however studies have shown that skipping breakfast actually leads to obesity and puts you at a higher risk of susceptible chronic illness such as diabetes or cardiovascular illnesses. It’ll also help you get rid of any cranky or moodiness you feel first thing in the morning. Check out our nutrition content in the Optimity app’s library, ranging from healthy recipes to tips on mindful eating to learn more on eating healthy.

Here’s one of my favorite recipes that’s healthy and simple to make, so you can have anywhere, even on the go!

Yogurt Parfait 

Ingredients:

  • 1 cup low fat yogurt
  • ¼ cup low fat granola
  • ¼  cup grapes or fruit of choice

Layer your granola and fruit on the yogurt, and enjoy! Your breakfast couldn’t get any easier and healthier than that!

2. Eat with a Buddy

Connectivity.jpg

Distracted eating while working or on your phones may lead to un-healthier food choices and portions. However eating with a friend/colleague will actually boost productivity, since people who eat together will actually work better together, since many researchers attribute eating together as a team building exercise. Eating with a buddy also doubles up as an accountability partner, your buddy can help you stay on track of any health goals you have in place for yourself, as well as make you more conscious of portion sizes when you’re eating with others, you’ll stop yourself from getting a second servings when you’re eating with someone else.

3. Keep Healthy Snacks at hand

Stocksy-Work-Snacks-LiorLone

It’s easy to skip meals or substitute your lunch meals with unhealthy processed snacks you have laying around because of how convenient and easy they are to to eat while working. Surround your desk or office kitchen with healthier snacks that you can have between your meals to keep you full. Some helpful suggestion are to have snacks high in fibre and protein, so they can help keep you fuller for longer periods of time. Try keeping a handful of nuts around, but be sure to be cognizant of portion sizes, because too much of anything can actually make you put on weight due to the extra calories. For more helpful suggestions on eating in the workplace, be sure to check out our webinar for more information.

iStock-527614789-528x388

The way to successfully implement change in your employees healthy lifestyle is to start micro. Micro behaviour changes are key in making positive change to any work environment, because of how easy it is to actually implement. Having an app, like Optimity send out encouraging helpful nudges, and provide really insightful tips and exercise goes a really long way in promoting an overall healthy life.This approach is a lot easier and more rewarding for both the employees and employers, because both have something to gain from the shift. Employees get to change their life, bit by bit, everyday leading to better health, and in addition, get rewarded for it. This as a result, produces better health outcomes for employees, leading to a decrease in health claim cost and a better work ethics.

Optimity

If you want to learn more about implementing a successful workplace wellness program and bring down your cost while increasing productivity and engagement, reach out to us at engage@myoptimity.com to learn more.

Or sign up here to start leading a healthier life and claiming rewards!

iOS | Android

 


Let us know how you eat healthy throughout your busy workday!

Wellbeing in the Workplace: Why Employee Engagement Matters (Optimity Webinar Recap)

Posted by Tasneem Panchbhaya 


We had a great webinar in May, in honour of Global Employee Health and Fitness month. I sat down with Optimity’s CEO, Jane Wang, to talk about how to promote best practice tips in the workplace to promote employee engagement. You can watch the full webinar here. Here are a few key takeaway points from the webinar:  

Employee engagement is the number one problem to solve; with absenteeism and productivity as the second top concern for HR leaders.

wb chart-2
We took a quick poll at the start of the webinar to see what some of the leading issues were in the workplace, and it turns out employee engagement was a huge concern for 77% of our attendees, so our webinar topic clearly hit home with a lot of people.

With growing focus on employee health, corporate wellness programs are increasingly becoming the order of the day. Research shows, that those individuals who exercise frequently, stayed home from work on an average 2.11 days fewer annually and had 31% lower health care costs than individuals who didn’t exercise regularly. These numbers alone stress the importance of setting up corporate wellness programs.

Almost 50% of medical costs are incurred due to illnesses that can be avoided with small lifestyle changes. Corporations have begun to realize the importance of healthy employees and are working to encourage employees to lead increasingly healthier lifestyles.

One of the studies we discussed in the webinar by Aon Hewitt, established that successful employers make employee engagement a business priority. When employers care about their employees, the employees respond with a better rational and motivation. This leads to 20% increase in engaged employees. When putting this number into context, it means if an organization has 30,000 employees, then there are 6000 employees who are going above and beyond with their jobs to serve their customers and drive efficiency. The graph below reflects these stats, where there is roughly a 20% gap between “best employers” and others (employers who don’t prioritize employee engagement), and we can see the difference in how much more successful the organization is when employee engagement is at the top of the employers agenda.  

 Screen Shot 2018-05-15 at 9.22.35 AM

Organizations know that wellness programs are key to addressing employee issues, which is why more than half the organizations already have wellness programs.

wb chart-2With the second poll that we took, it clearly supported the new industry norm of wellness programs being a prominent addition in majority of workplaces, with 77% stating they already incorporate a wellness program in their organization.

 

Wellness programs don’t just benefit employers, it also supports the needs of the employees, some of which are:

●  Improving their physical strength, stamina, and general well being
●  Improving their focus at work
●  Increasing job satisfaction and fostering a positive outlook on life
●  Bettering relations with co-workers and supervisors  

An effective workplace wellness programs is the backbone to improving engagement in the workplace. Gallup’s most recent global research finds only 13% of employees worldwide are engaged at work, and according to the latest State of the American Workplace report, just 33% of employed residents in the United States are engaged at work.

Here are two important facts that came about a study done by The Corporate Leadership Council on employees performance and retention:

  • Engaged companies grow profits as much as 3X faster than their competitors.
  • Highly engaged employees are 87% less likely to leave the organization.

Other key findings were that:

  • A disengaged employee costs an organization approximately $3,400 for every $10,000 in annual salary.
  • Disengaged employees cost the American economy up to $350 billion per year due to lost productivity.

All these key findings suggest that if companies want to boost productivity and profitability, customer loyalty, and bring down attrition and disengagement losses, they need to start engaging employees.

So you may be wondering, what’s the solution, especially if more than half of organizations have already incorporated a wellness program, why is engagement so low? Well the problem and the solution lie in the approach to wellness. A lot of the organizations are still relying on traditional approach to wellness programs, and that’s not to say they’re not good, they’re just not as effective in getting high participation and and sustainability. What successful organizations are doing is going digital.

Non-traditional approaches to wellness are still the most common route used by many organizations. 

wb chart-3The last poll we did during this webinar was to see how our attendees faired with using a digital wellness tool. Although a few have had the chance to implement it, more than half do not, and this just shows why only a handful of organizations have such great engagement rates, they’re implementing wellness programs the right way, the digital way.

One of the main reason’s why a digital wellness program is so effective is with their use of a dynamic and innovative health risk assessment (HRA).

An effective HRA allows the wellness program to understand the nuances of an individual’s statistical situation by collecting their key biometric data and health information. With the rise of artificial intelligence (AI) we’ve now been able to integrate a wellness system to take information from the HRA and use it to automatically create a tailored program for the individual. This approach customizes, and tailors the program to the individuals needs which is a huge leap forward from traditional approaches that focuses solely on fitness and nutrition, and requires on site attendance for wellness programs. The digital approach gives the individual the power to create true and meaningful change. 

Screen Shot 2018-04-16 at 10.08.46 PM.png

To learn more about implementing a successful wellness program that increases engagement, be sure to check out our webinar, where we also go over our top 3 best practice tips that you can implement in your workplace, even if you don’t (yet) have Optimity.  

A comprehensive corporate wellness programs have proven to be beneficial and cost effective to the employer as well as the employee in the long run. If you’d like more information on implementing a successful wellness program, please reach out to us at engage@myoptimity.com.  

Or sign up here to start leading a healthier life and claiming rewards!

iOS | Android

How to Improve Productivity in the Workplace by Decreasing Stress (Webinar Recap)

Posted by Tasneem Panchbhaya 

We had a great webinar in April, in honour of stress awareness month. I sat down with Optimity’s CEO, Jane Wang, to talk about how to decrease stress in the workplace. You can watch the full webinar here. Here are a few key takeaway points from the webinar:  

Why it’s important for employers to focus on an upstream approach to preventing stress in the workplace: 

  • Stress is costing companies on average $300 billion dollar a year on stress-related absenteeism, turnover, lowered productivity, and direct medical, legal and insurance costs.
  • High stress organizations experience:
    • Increased or excessive absenteeism
    • High or increased accident rates
    • Poor interpersonal relations in the workplace
    • Poor or reduced work output and performance
    • Increased staff turnover


Stress is the harmful physical and emotional response that occurs when there is a poor match between job demands and the capabilities, resources, or needs of the worker. Common stress reactions include tension, irritability, inability to concentrate, and a variety of physical symptoms that include headache and a fast heartbeat. It’s almost impossible to live without some stress. And most of us wouldn’t want to, because it gives life some spice and excitement. But if stress gets out of control, it may harm your health, your relationships, and your enjoyment of life. The following are my top 3 principles that are essential for living a healthy and stress free life!  

1. Get Support

57280815
Stress just doesn’t happen to you, for all we know the person next to you might be suffering from a form of stress as well. One way to combat your stress is through social support. Seek help out help, you don’t always have to make hard decisions on your own, find someone to talk to. Just one or two of your co-workers can become the pillar you need to tackle the stressful situations in your life.

2. Limit the Sugar Binge

healthy-meal-prep-ideas-meal-prep-pasta-700-350
Interestingly, the stress hormone cortisol increases your appetite because of your body’s need for energy. Essentially how this works is,during a stress reaction, Cortisol increases your blood pressure and together with Adrenaline helps accelerate your heartbeat and breathing. This sends glucose to the blood to help free up enough energy for the muscles and the brain. As a result, a fuel shortage arises, and the sugar in our body provides the quick fix, as a result making us crave sweet foods.

To avoid consuming excessive amounts of sugar, be cognizant of what you’re eating. Making healthy food choices using Canada’s Food Guide ensures your body has the nutrients it needs to meet the challenges of your day.

3. Exercise

1200x628_FACEBOOK_4_Kinetic_Chain_Exercises

My third principle, and perhaps my favorite, is exercise. Studies have proven that exercises helps cope with stress, especially aerobic exercise. It can improve your mood, help you sleep better, improve your focus and mental alertness, and make you feel fitter and more confident. Have a busy work schedule? No problem, check out this blog to get tips on how to incorporate exercise into your busy schedule.

StressAwarenessDay.jpg

It’s smart and also more cost-effective to prevent stress. Simple lifestyle changes can have the biggest positive impact, financially for business and for the overall health of the individual. If you want to learn more about implementing an engaging and successful wellness program that maintains a healthy work environment and reduces employee stress, reach out to us at engage@myoptimity.com for information on how Optimity can help you!

Or sign up here to start leading a healthier life and claiming rewards!

iOS | Android

Don’t miss out on next months webinar on Employee Health & Wellness on May 3, click here to register.

 

 

Top 5 Ways to Fit Exercise into a Busy Day!

2 Minute Read

With long busy days in the office and impending deadlines, it’s no wonder why we don’t make time to schedule in the recommended 30 minutes of physical activity into our day. The following are just 5 simple ways you can get the daily physical activity intake without having to make extra time. If you want a more indepth review, check out our webinar, “fitness hacks for the busy professional”.

Start with your Commute

Going to work

If possible turn your usual bus ride or car ride into a fast walk, jog or bicycle ride to work. This way you turn your commute into a workout. Don’t forget to dress for the weather.

Climb your way to Better Health

1280-running-man

Take the stairs instead of the elevator, it saves you time during the rush hour when the elevators busy, and it helps you burn lots of calories. Climbing the stairs is a great time sensitive, equipment free aerobic exercise, that helps get the heart rate up which toning the muscles in your legs. To make this even more challenging, run up and down the stairs, this will make the activity more vigorous and ideal for any workout. Stair climbing is also great for improving your energy, leads to a stronger immune system and lowers your risk for diabetes, high blood pressure, and heart disease.

Stand Up at Work

business-people-walking-and-talking

Take a break from sitting at your desk for long hours and try to stand up occasionally. Better yet, walk around the office, and try having “walking meetings” whenever possible. These small changes make a huge difference when it comes to one’s susceptibility to a disease. It’s also a bonus, as it burns more calories, and boost energy, resulting in more productive and engaged workers.

Take the Time to Stretch

cropped-blogheader1.jpg

Taking out a few minutes throughout the day to stretch at your desk is easy to do and rakes in many benefits. Not only is it great for releasing soreness and tension in the body, and increasing flexibility. It also boosts energy and alertness. This increase in energy more than makes up for the few minutes taken out throughout the day. If you want to hear more on stretching, take a look at a webinar we did with Dr. Kleinberg,the president of Kleinberg Corporate Wellness and chiropractor, who joined us to shed light on workplace posture and movement. We discuss the importance of proper posture and body alignment for wellness, and strategies to set up your workplace for success, so be sure to have a look!

Workout at your Desk

exercise-at-work

One of the simplest things to do, is workout right from your desk. There are numerous activities you can do from your desk, even very subtle ones, like ab crunching, that leads to a stronger core. In addition to getting healthier, you also end up getting in a workout while getting your work done. Workouts that can lead to better health and mood make for better engagement and productivity at work.

Optimity

At Optimity we can help make this easier, Optimity’s technology platform is scientifically supported. We help the average worker take productive 30 second to 2-minute micro-breaks that have long last beneficial impact. These micro-habits boosts their mood, helps them focus and encourage social connectedness to their culture. Our pocket coach is also customized to each employee.

Sign up here to start leading a healthier life and claiming rewards:

iOS | Android

How to Help Women Flourish in the Workplace (Webinar Recap)

We had a great webinar on March 8, in honour of international women’s day. International Women’s Day is celebrated around the world – in many countries, it is a national holiday. It has grown to become a global day of recognition of women’s achievements and a call to action to support women’s rights and advance gender equality.

I sat down with Optimity’s CEO, Jane Wang, to talk about how to promote women’s health in the workplace. You can watch the full webinar here. Note, due to some technical difficulties, the slides have been uploaded separately. To view the slides, please click here. The following are a few key takeaway points from the webinar.

We’ve come a long way to see women grow socially, economically, culturally and politically. Achievements of women can even be seen even in the workforce. With more than 50% of the working force being women, it’s important for employers to promote women’s health in the workplace.

While life expectancy is higher for women than men in most countries, a number of health and social factors combine to create a lower quality of life for women. Many of the health issues that arise, can easily be prevented if addressed early, which is why worksite can also be a good source of solutions to existing health problems and the place for promoting healthy activities.

 

The top 3 health issues for women that was mentioned in this webinar are:

 

Cardiovascular Health

176988246.jpg

Most people believe that CVD is more common in men that women. But in reality heart attack and strokes kill more women than men. Women are more likely than men to die within a few weeks of a heart attack. 8.6 million women worldwide die from heart disease each year. Of those who have heart attacks, 42% die within a year. Leading a healthy lifestyle can lower your risk of heart disease, whether you’re male or female. To learn more about a healthy heart, check out last months webinar on “Healthy Lifestyle Choices for a Healthy Heart”.

Cancer

11121145.jpg

 

Cancer is the second leading cause of death in women. Contrary to most beliefs, breast cancer is not the leading cause of cancer death in women. Lung cancer kills more women than male. This is due to the increasing number of women who use smoking as a coping mechanism for stress. One in four women in the United States smoke. Stopping smoking and reducing exposure to environmental tobacco smoke can reduce the risk of chronic lung problems. Check out our webinar on mindfulness and  meditation in the workplace to get tips on reducing stress and finding healthier coping mechanisms.

Mental Health

corporate+wellness+workplace+wellbeing+creativity.jpeg

Mental health is another major health issue for women. Although death by suicide is higher for men, attempted suicide rates are higher for women. Job stress among women is widespread; 42% of women have said they were bothered by stress from their jobs. Helping educate women on mental health issues, and giving them the confidence to seek assistance and speak to their doctor, is vital. One way to promote mental health is through nutrition. Studies show that a healthy diet is a proactive approach to optimal health, and that an unhealthy diet is actually a huge risk factor for depression and anxiety. Watch our past webinar to learn more about nutrition and mindful eating in the workplace.
o-women-in-workplace-facebook.jpg

These top 3 health issues are present in both men and women, however more women die from these chronic illnesses than men. Fortunately, genetics plays a minor role when it comes to susceptibility. With a healthier lifestyle with more physical activity, healthy diet and less stress, one can help prevent almost all chronic illnesses.

If you need more help on promoting women’s health in the workplace, reach out to us at engage@myoptimity.com.

Or sign up here to start leading a healthier life and claiming rewards!

iOS | Android

How to Promote Healthy Heart Lifestyle Choices at your Company (Webinar Recap)

HeartHealthy_Header.jpg

Posted by Tasneem Panchbhaya

We had a great webinar in February, in honour of heart awareness month. I sat down with Optimity’s CEO, Jane Wang to talk through how to promote a healthy heart in the workplace. You can watch the full webinar here. Here are a few key takeaway points from the webinar:

Why it’s important for employers to focus on an upstream approach to a healthy heart

Screen Shot 2018-02-14 at 2.43.45 PM.pngHeart disease is costing companies billions of dollars in loss of productivity and absenteeism.

Workplace wellness program can help prevent heart disease for their employees and in return bring down cost.

It’s essential to understand that heart disease can easily be prevented by making small behaviour changes.

See what can you do to prevent heart disease:
desk-stretching-1511869475.jpg

Physical Activity

  • Physical activity elevates your heart rate, which is essential for keeping your heart in shape.
  • Something as simple as taking the stairs, does wonders for your heart. To read more on helpful tips on how to get physically active, especially in the colder months, check out our blog post here on exercise.

Woman making chicken dish-1.jpg

Nutrition

  • Nutrition is key to a healthy life.
  • Some helpful tips in eating healthy is avoiding the foods that are big contributors to heart disease. Processed foods are high in sugar, fat, and sodium, so these should be kept to a minimum.
  • Cook your own food, it allows you to eat as clean as possible when using raw ingredients to make your meal.
  • Eating with others makes you more mindful of what you’re eating, and how much you’re eating. For more information on healthy eating for employees, check out one of our popular webinars on nutrition and mindful eating the workplace for more insightful tips.

office-meditation-yoga-at-work.jpg

Stress Less

  • Identify your stressors in order to avoid them or create coping mechanisms that work for you.
  • Physical behaviours such as stretching and yoga can help relieve stress.
  • Change your thinking: see if your stressor is actually rational or if you’re just blowing it out of proportion. Try to make your thinking more positive.
  • Meditation is a great technique that can be done just about anywhere, and is proven to reduce stress. Here is another great webinar we’ve done on mindfulness and meditation in the workplace.

 

It’s cheaper to prevent heart disease than to treat it! Simple lifestyle changes can have the biggest positive impact financially and on the individuals health. Reach out to us at engage@myoptimity.com for information on how Optimity can help you!

Or sign up here to start leading a healthier life and claiming rewards!

iOS | Android

HeartHealthy_Header copy.jpg