In Business, The Bottom Line

Amy Richter, senior wellness consultant

Risk management and human resources are traditionally two different job functions, and the people in these areas have rarely crossed paths — but that is changing. Why are these people starting to work together more frequently? Employee wellness has become a major factor in risk management because it’s an enormous gamble for employers to have unhealthy employees. Poor employee health negatively affects employee productivity, health insurance costs, and workers’ compensation expenses. A good wellness program can reduce risk in all of these areas, and that has caught the attention of the finance and accounting people who focus on managing risk.

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