Apr 17, 2019

Study shows a workplace wellness program didn't do much

The first major study on the effectiveness of a workplace wellness program found that it had little impact on health outcomes, spending or utilization, according to a new Harvard study published in JAMA.

Details: It also didn't improve worker attendance or job performance over the 18 months of the study. It did, however, encourage employees to exercise more and improve their weight management.

Why it matters: Workplace wellness programs have been touted as a solution to rising health care costs while giving employers the benefit of a healthy workforce. But this study challenges that notion.

  • 80% of large employers in the U.S. offer wellness programs, which are an $8 billion industry.

Go deeper: How workplace wellness programs can affect privacy

Go deeper

#MeToo gets Weinstein

A man carries out Weinstein's walker. Photo: Johannes Eisele/AFP/Getty Images

Hollywood titan Harvey Weinstein is now a convicted rapist, two years and four months after accusations against him helped ignite the #MeToo movement.

Why it matters: To date, #MeToo has resulted in hundreds of powerful men losing their jobs. Seven have been criminally convicted, with four others still facing charges.

JPMorgan Chase to pull support for some fossil fuels

Illustration: Sarah Grillo/Axios

JPMorgan Chase said Monday that it won’t directly finance new oil and gas development in the Arctic and will significantly curtail its financing of the extraction and burning of coal.

Why it matters: JPMorgan is the world’s largest funder of fossil-fuel companies, according to a report by the Rainforest Action Network (RAN). The announcement follows similar moves by other big banks and investment firms, including Goldman Sachs and BlackRock.