Financial matters are separate from health, right? Not necessarily. In a 2014 study from Olin researchers Timothy Gubler, PhD ’15 and Lamar Pierce, assoc. professor of strategy, discovered a correlation between physical health and financial health. Specifically, the pair found that employees’ poor physical health is driven by the same psychological factors that determine whether they contribute to a workplace retirement plan. In the study, employees who contributed regularly to their 401(k) were not only more likely to take steps to improve their health, but also had a 27 percent improvement in their blood test scores.
Link to article in Workforce Management
“Today’s Wellness: Sound Body, Mind & Finances”
10/23/15
