Here are some ways to encourage health and wellness in the workplace without breaking the bank. Tom Merton/Getty Images

Apple and healthcare provider Aetna announced earlier this year the two industry giants are collaborating on a new app, Attain. The wellness app, available both for the iPhone and Apple Watch, rewards users who achieve certain health-focused goals such as getting more sleep, meditating, or even receiving their annual flu shot.

Today, companies are increasingly leveraging similar health and wellness goals and reward programs, if not this very initiative. In fact, the United States' workplace wellness industry is valued at nearly $8 billion.

This hefty price tag encompasses massive corporate health and wellness programs such as that of Google, which offers its employees benefits such as massage services, physical therapy, onsite health care, community bikes and even guitar lessons to promote mental health. However, for most companies, building an onsite health care facility or having your own personal masseuse at the ready to release the knots in your neck and back is a bit out of the price range, we'd say.

For those companies, including startups operating on a tight budget, most just want employees to experience less work-related stress and live happier, healthier lives. In honor of National Employee Wellness Month this June, here's how startups can implement budget-friendly health and wellness programs into their companies.

1. Utilize tech in wellness challenges

Fancy equipment is not necessary for an effective corporate health and wellness program. Instead, try offering employees Fitbits, a budget-friendly option, as part of their benefits package, which they can then use to track their daily activity. To leverage the Fitbits to create intraoffice challenges, offer employees incentives for health goals such as the most activity or the most seven-hour nights of sleep each month.

My company that I coach for, Orangetheory Fitness, also features its own brand of wearables, the OTbeat, which tracks workout activity such as calories burned, steps, distance and splat points (Orangetheory lingo for when you achieve excess post-exercise oxygen consumption). I see friends, coworkers and even complete strangers compare splat points — something employees could also use as a friendly form of competition.

2. Hand out workout passes that give employees an hour off work to exercise

This is the real-life version of Monopoly's "Get Out of Jail Free" card. One of the major reasons I see people fall out of touch with Orangetheory is because they don't have enough time to work out. An extra hour or two out of the workday could be all it takes to motivate your employees to get active.

In fact, most gyms and fitness classes offer corporate discounts to employers. I'm seeing more and more companies sign up for a corporate membership, especially since health and wellness in the workplace is becoming much more important.

3. Host group health and wellness events

Another initiative idea that's cut from the same competition cloth: Cooking contents. Host a lunch where staffers bring their favorite healthy recipe. Then, have employees vote on the most delicious option.

You can also implement health and wellness in other company events such as employee 5Ks and team-building exercises such as weekly team outings to a local fitness class. These would be ideal opportunities to dole out those workout or lunch passes.

4. Try "deskercising"

Like most successful companies, it takes a lot of sweat, blood, tears — and often countless hours at a desk — to see the fruits of your hard-earned labor. Today, a sedentary or inactive lifestyle, which most likely consists of sitting at a desk with little to no physical activity, has been linked to a number of chronic diseases, including obesity, heart disease, high blood pressure, as well as increased feelings of depression and anxiety.

While deskercising (i.e. the combination of sitting at your desk and exercising) doesn't quite measure up to a full-on workout, it has similar effects, including improved health, physical and mental. Squats, chair dips, shoulder raises and even frequent walks or breaks from the desk can have a significant impact on employees' health and work productivity.

Whether you implement one or all these programs, it's important to remember companies — whether they're a small startup of five or an established corporation of many — can implement health and wellness initiatives.

It's not the program or the money invested that makes corporate health and wellness initiatives effective. At the end of the day, the efficacy of any health program comes down to the company its willingness to prioritize the holistic health and wellness of its employees.

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Charlotte Morales is Orangetheory Fitness's San Felipe head coach.

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Houston med device startup raises $18M, prepares to hire

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A Houston medical device company that is developing an artificial heart announced it has received investment funding to the tune of $18 million.

BiVACOR's investment round was led by Boston-based Cormorant Asset Management and Australia's OneVentures's Healthcare Fund III. According to the company, the funding will be deployed to continue research and development, hiring executives, and support the path to first in human trials.

“We are extremely grateful for the ongoing support from our core investors," says Thomas Vassiliades, who was named CEO of BiVACOR last year, in a news release. "This additional commitment further validates our technology and the need for improved options to treat end-stage biventricular heart failure.

“With this financing, we will be able to double the size of our organization and add key positions from the C-suite to research and development. We are well positioned to advance our preclinical activities and aim to conduct our First in Human early feasibility study planned for the end of the year,” he continues.

Billed as the first long-term treatment for patients with severe biventricular heart failure, the BiVACOR Total Artificial Heart is an implantable artificial heart that utilizes rotary blood pump technology. This technology includes magnetic levitation and is a "durable, reliable, and biocompatible heart replacement," per the company's release. It's about the size of a fist and can be used in a wide range of patients including some children and women and up to adult males.

“Under the leadership of its expert management team, the company has developed a credible strategy for growth as they march toward first in human studies,” says Jeannie Joughin, board chair and principal at One Ventures, in the release. “There is a huge gap in care for patients waiting for a heart transplant, and we are confident that BiVACOR will continue to execute its strategy to swiftly get the Total Artificial Heart into the patients who need it most.”

The company raised its $22 million series B round in early 2021, which was also led by Cormorant Asset Management and OneVentures. To date, BiVACOR has raised $60 million.

“BiVACOR continues to execute on its strategy, and there was no question that we would jump in to lead this funding,” says Bihua Chen, CEO and founder of Cormorant Asset Management. “We are impressed by BiVACOR’s world-class team and continued dedication to push the technology in the clinic. We’re excited to support their growth and vision to transform the treatment of biventricular heart failure with the world’s first fully MAGLEV total artificial heart.”

Founded in 2008, BiVACOR maintains offices in Cerritos, California, and Brisbane, Australia. The company is affiliated with Houston's Texas Heart Institute, where the world's first artificial heart was implanted. BiVACOR's headquarters is at the Texas Medical Center complex.

How to utilize AI and ChatGPT to increase employee productivity, according to this Houston expert

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We are crossing a Rubicon. A point of no return. The birth of Chat GPT has opened a world of possibilities not seen before. Though artificial intelligence has been a part of our lives for many years, it has now taken a form that will become more universal. And nowhere will it be more prevalent than in the workplace. Companies all around the world are using this technology to transform the way we work and the offices we inhabit. The race is on.

Many companies are already using AI to drastically change their office design and the way they work. Those that haven’t embraced it are now faced with a choice – to incorporate the AI revolution into their business, tactics, and workspace or get left behind. Luckily, the companies that are utilizing AI and ChatGPT have proven several ways that the technology can benefit their workflow and company culture, including:

  • Speech recognition capabilities
  • Task automation
  • Improved workplace design

In this article, we will explore each of these benefits and how they are helping businesses enhance productivity, support their employees, and transform their offices.

Voice to Text Capabilities

Companies are using AI to support employees by alleviating mundane tasks that can lead to burnout, starting with typing. AI-powered speech recognition software enables employees to use their voice to respond to emails, create reports, and fill out forms. This type of solution is effective because the average typing speed is in the 40 words per minute range. However, speech-to-text entries are about three times faster and more accurate. Additionally, the technology can reduce repetitive stress injuries and eliminate barriers for employees with disabilities.

Task Automation

AI-powered technologies can also automate other tasks like generating meeting summaries and minutes. This can save time and ensure that critical information is not missed. ChatGPT can even automate the scheduling of meetings and appointments. Shaffra, a company in Dubai, is utilizing the chatbot’s services to free up time and resources for more creative and strategic work. Other startups like Growdash are leveraging ChatGPT to provide insights into why a particular marketing campaign has not performed well and how it can be improved.

ChatGPT also helps streamline processes, such as onboarding new hires. By providing an accessible, centralized repository of information, ChatGPT can help employees reduce decision-making time and improve accountability. With its visibility into task completion, the technology also encourages remote workers to stay engaged, speeding up workflows.

Improved Workplace Design

ChatGPT is also impacting workplace real estate by influencing design choices. With the rise of virtual communication, businesses are reconsidering the layout of physical workspaces. ChatGPT can help inform these decisions by analyzing employee feedback and identifying patterns in communication and collaboration. This data can be used to design workspaces that are optimized for productivity, improving employee satisfaction, and reducing turnover.

At Telstra, Australia's leading telecommunications company, CEO Vicki Brady identified AI as a key part of the company's 2025 strategy and has already implemented various AI technologies to improve customer service, network security, and software development. This in turn could lead to a need for more versatile and adaptable workspaces that can accommodate different work styles and preferences.

Conclusion

It is important to note that AI technologies are not perfect. Users have stated that AI may occasionally give inaccurate responses or have untrustworthy information sources. But the benefits of using AI-powered technologies to support employee throughput and well-being still outweigh the risks.

As companies navigate a rapidly changing global landscape, technological advancements can play a critical role in ensuring their success. From automating tedious tasks to enabling remote work, artificial intelligence tools like ChatGPT and speech recognition platforms have become vital assets for optimizing workplace efficiency and processes. Ultimately, the success of any business lies in its ability to adapt to ever-changing technologies, and ChatGPT is undoubtedly leading the way.

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Matt Norberg is the associate technical designer at Gensler.

This is how much money you need to live comfortably in Houston, new study finds

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Inflation is high, interest rates are skyrocketing, and honestly, just existing is expensive. Whether it be the price of eggs or a new car, trying to have a financially stable life in one of America’s largest metropolitan areas is becoming more and more difficult.

So, how much money do you need to make to live comfortably in the greater Houston area? Approximately $62,260 a year post-tax, according to a new study by financial tech company SmartAsset.

That’s over an $11,000-plus increase from their previous annual report, where Houston residents only needed to make $51,148 a year post-tax to live comfortably in the area.

Their experts collected data from MIT’s Living Wage Calculator to determine the cost of living for a childless individual in the 25 largest American metro areas. They also used the 50/30/20 budgeting strategy to figure out what a “comfortable lifestyle” meant for the purpose of their study: 50 percent of their income goes to a person’s needs/living expenses, 30 percent to a person’s wants, and 20 percent for their savings or paying down debt.

To live a financially stable life, a childless Houstonian would need to spend $31,130 of their salary on their living expenses, $18,678 for discretionary expenses, and put $12,452 toward their savings or debt payments.

Susannah Snider, SmartAsset’s managing editor of financial education, says in the study that budgeting should be the “bedrock of many people’s financial plans.”

“And it’s especially essential to understand and track your spending when the cost of everyday items is rising,” said Snider. “Being able to stick to a 50/30/20 budget means you have enough to fund short- and long-term goals while paying for essential living expenses.”

To live comfortably in the largest metro areas in the United States, on average, an individual would need to make $68,499 a year after taxes, which is a 20 percent increase from 2022. And, according to the report, salaries aren't rising like inflation.

"While salaries increased 5.1 percent between December 2021 and December 2022, wage growth couldn’t keep up with inflation, which averaged 8 percent in 2022," per SmartAsset.

In other Texas metro areas, like Dallas and San Antonio, a person would need to make $64,742 and $59,270, respectively, a year post-tax.

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This article originally ran on CultureMap.