‘Time is Money’ Leads to Stress

Do you think of time as money? That view may be damaging your health. Research by Jeffery Pfeffer and Dana R. Carney demonstrates that people who are keenly aware of the economic value of their time generally are more psychologically stressed.

The researchers were inspired by previous research on why lawyers often are unsatisfied with their careers. That study concluded that attorneys, whose time is accounted for in billable minutes, are hyperaware of the ticking clock that rules their work lives. Even when they’re not working, they’re thinking about how much income they’re forgoing during off hours, including time with friends and family.

To demonstrate the effects of time-money awareness, Pfeffer and Carney conducted an experiment in which half of the working subjects were asked to calculate their per-minute pay rate, while the other half were not. Even though both groups worked the same number of hours and got paid the same, the cortisol levels were almost 25% higher in the time-is-money group, whose members also seemed to find less pleasure during two breaks in the experiment.

Elevated cortisol is linked to many health problems, such as anxiety, depression, digestive problems, heart disease, headaches, sleep problems, decreased immunity, weight gain and cognitive impairment. “A rise of almost 25% is a serious health consequence,” says Pfeffer.

This phenomenon is particularly disturbing as more workers piece together incomes in the so-called “gig” economy. Rather than being on a full-time payroll, they’re more focused than ever on the economic value of time.

Employer Survey: Skilled Workers Scarce; Few Take Advantage of Tuition Reimbursement

A new employer survey from the Indiana Chamber shows concerning trends in workforce shortages, tuition reimbursement and response to prescription opiate abuse.

“Too often employers can’t find the workers they need, and those currently employed aren’t taking advantage of tuition reimbursement that would put them in better positions,” says Indiana Chamber President and CEO Kevin Brinegar.

More than 1,100 businesses from throughout the state took part in the Indiana Chamber Foundation’s 10th annual employer survey, sponsored by WGU Indiana and conducted in partnership with Indiana-based Walker.

Specifically, research shows that nearly half (47%) of employers left jobs unfilled in the past year due to under-qualified applicants. That extended a trend from the previous three years in which the answers to that same question were 39%, 43% and 45%, respectively.

Additionally, almost 80% (79%) percent cited filling their workforce as among their biggest challenges. That number is also on the rise from 72%, 74% and 76% in the previous three years.

Once again, more than half of employers (53%) expect to increase the size of their workforce in the next one to two years. But their challenges are even larger with 54% saying the supply of qualified applicants does not meet demand and 85% placing the filling of talent needs as among their critical challenges.

“In many cases, it’s not a lack of a four-year degree or higher educational achievement. Two-thirds require less than a bachelor’s degree for their unfilled jobs,” Brinegar explains. “This puts additional emphasis on the certificates, credentials and associate degrees in which Indiana, unfortunately, trails the majority of states.”

But it’s not always a lack of education or training that leads to the unfilled positions. In the view of employers, 45% of applicants are unwilling to accept the pay/compensation offered and 28% are not attracted to the community where the job is located.

In the training world, there appear to be some missed opportunities for employers and their workers. Only 40% of the respondents indicate that they partner with an educational institution to help meet their training needs.

For the employees, nearly half (48%) have access to tuition reimbursement programs but very few take advantage of those opportunities. From the employer perspective, 60% said employees have no desire or motivation to participate and 35% believe workers see no personal benefit in advancing their education.

“Part of the problem is employees not having the funds to cover the tuition payments upfront that will be reimbursed at some point by their employer. And that’s a common arrangement for these programs,” Brinegar offers.

“But we also know if employers pay for the tuition directly to the school – which is obviously easier for larger companies – more workers are likely to take part. We heard from one of our members who saw participation jump from about 50 employees to more than 400 when that change was made. So that is something the Indiana Chamber will be looking at this summer in our business-higher education committee to see what public policy recommendations may make sense.”

When it comes to prescription opiate misuse, less than half (47%) of the respondents said they drug tested employees for it in safety-sensitive positions. On a broader scale, 56% of employers said they tested any employee if they suspected misuse or abuse of prescription opiates. However, more than a third (34%) of employers indicated they did not know how to detect such misuse or abuse.

The survey results are available at www.indianachamber.com/education.

The annual employer survey complements the work the Indiana Chamber is doing with the Outstanding Talent driver in the Indiana Vision 2025 long-term economic development plan for the state.

Indiana Vision 2025 measures Indiana’s progress compared to other states on 36 goals in the four driver areas of Outstanding Talent, Attractive Business Climate, Superior Infrastructure, and Dynamic and Creative Culture. The latest Report Card showing how Indiana ranks was released earlier this month and is available at www.indianachamber.com/2025.

Chronic Diseases Top of Mind for New Wellness Council Executive Director

Chronic disease management is a costly challenge in Indiana. Due to high rates of tobacco usage and obesity and the resulting health issues (diabetes, lung cancer, heart disease, etc.), Indiana finds itself again near the bottom of recent national health and fitness rankings.

As the new executive director of the Wellness Council of Indiana (WCI), Jennifer Pferrer is ready to help tackle those challenges and spread the message of comprehensive wellness programming to Hoosier employers.

“Some of the goals in the Indiana Chamber’s Indiana Vision 2025 economic development plan target reducing smoking rates and obesity levels in Indiana, and the role of the WCI is to bring that conversation to a broader space and make an impact in health care costs and the health of Hoosiers,” she explains.

“I’m passionate about health care and I am looking forward to adding my mark on the Wellness Council of Indiana, as it really fits my background.”

Pferrer joined the WCI – a program of the Indiana Chamber of Commerce – in April and previously worked for the American Diabetes Association (ADA) for 10 years, serving in roles that included executive director for Indiana and Kentucky, and regional vice president of a six-state region. Prior to the ADA, she studied consumer-physician relationships as marketing manager at St. Vincent Hospital.

Pferrer’s goal is to continue proving the value of the WCI as an investment for Hoosier employers.

“Wellness is so much broader than Fitbit programs. This is not just food and fitness. There is a data-driven business case for wellness. Wellness needs to be seen as an investment and it goes back to managing chronic diseases,” Pferrer notes. “For example, health education for employees with pre-diabetes can reduce the annual health care spend by the employer by thousands of dollars.”

Through the WCI’s AchieveWell company-based wellness program certification and the Indiana Healthy Community Initiative – which encourages a community-based approach to wellness to increase economic development potential – Pferrer says the infrastructure is in place for wellness success.

“I want employers to know – if wellness is on their radar, they don’t have to recreate the wheel. We can convene and share best practices and be that resource for them,” she concludes.

For more information on the WCI or to connect with Pferrer, visit www.wellnessindiana.org or call (317) 264-2168.

Hits and Misses: The Indiana Legislature Halftime Report

We are pleased that several of our top priorities are alive and in good shape at the midpoint – including long-term transportation funding, pre-K expansion and anti-smoking legislation. All of these tie directly to the Indiana Vision 2025 economic development plan.

Long-term transportation funding – tolling around the corner?
This is the Chamber’s top priority in 2017. House Bill 1002 is the proposal to take care of the state’s transportation needs; the 20-year infrastructure plan addresses the erosion in funding that has taken place and the lost purchasing power from the enhancements in automotive technology and fuel efficiency.

We believe that the bill’s proposed gas tax increase is pretty solid. Senator Luke Kenley (R-Noblesville), who appears to be taking the lead on this bill in the Senate, may change things like dedicating all of the sales tax on gasoline to transportation needs and put a heavier emphasis on tolling, which would enable the state to undertake major projects like adding additional lane miles to Interstate 70 and Interstate 65 throughout Indiana. Overall, we are very encouraged by the commitment we have seen to date from the House, Senate and Governor. We also realize this will be a little tougher sell in the Senate and are prepared for a strong advocacy effort.

Tax threats avoided; overall outlook good
Everyone should be thrilled that two detrimental proposals – on mandatory combined reporting and sales tax on services – didn’t really get out of the gate. And that’s thanks to the good work of the Chamber’s Bill Waltz over the course of the summer. That means there are no big, threatening tax bills looming for us to worry about.

Instead, this session has brought some positive activity that will improve things procedurally within the Department of Revenue. Additionally, while not involving the Legislature, the Chamber has provided substantial input to the Department of Local Government Finance on a rule with respect to the so-called big box commercial/industrial property assessments. (That input was made possible thanks to a subgroup of the Chamber’s Tax Committee that analyzed the big box assessment issue; we are always grateful to our members for lending their expertise!)

On track: expansion of the state’s pre-K pilot for children from low-income families
Obviously, the expansion – to $16 million total in the Senate (including funds for a new online pre-K pilot); at $20 million in the House proposal – is not as significant as we would like, but we recognize this is still a very young program and are encouraged that what’s being debated is the level of increased funds, not the merit. We also appreciate all of the programmatic language that allows for potential expansion into all 92 counties (SB 276) and increases the income thresholds for eligible families (HB 1004). That said, we are going to continue to work to get as many dollars as possible directed to this. It’s vital for children to have that strong early education as a foundation.

Making the superintendent of public instruction an appointed position still can happen
We remain optimistic this longstanding Chamber goal will be realized this session. Yes, House Bill 1005 will have to be amended because it’s too similar to the one the Senate voted down last week. What happened there was, by all accounts, a blunder created by a perfect storm of factors – including little caucus discussion before the vote. But the good news is that the House bill is alive AND Senate leader David Long (R-Fort Wayne) has assigned it to the Senate Rules Committee that he chairs, so he’s going to go to work on it and will ultimately determine how much of it needs to be changed. We speculate that requiring Indiana residency – which is not currently in HB 1005 – could be one modification. It definitely will have to be different than the failed bill to pass the Senate Rules Committee.

Comprehensive smoking reform, now in HB 1001 and HB 1578, would send big message
We are hopeful that the increased tax on cigarettes ($1 per pack) and funding for a more robust smoking cessation program will stay in the budget bill (HB 1001). Likewise, that the repeal of the special civil rights privileges for smokers will survive on its own in HB 1578; this marks the first time that policy has been passed by either house, so we are making progress. Seeing these three elements cross the finish line would be a clear indication that the state is taking seriously the ever-increasing costs to employers of Hoosiers smoking – more than $6 billion annually in health care costs and lost productivity on the job.

The provision raising the cigarette buying age from 18 to 21 is most likely not happening this session after its removal in the House Ways and Means Committee. That group felt there wasn’t enough definitive information or testimony.

ISTEP, energy and technology updates
The Chamber is supporting legislation that will replace ISTEP with a shorter, more focused assessment. You can put all the debates and disagreements aside because this has to happen this session.

We are encouraged by the Senate’s passing of SB 309, an energy bill, which, among other things, addresses net metering for those investing in wind and solar energy; we believe the bill is consumer-friendly. Moreover, utilities have offered up some ideas and concessions that we think will help control electricity prices. The water infrastructure proposal (SB 416), while not funded, sets up the appropriate framework and keeps that needed policy moving along.

The budget bill (HB 1001) contains some pro-technology priorities, including the transferability and expansion of the venture capital tax credit. This would incentivize additional out-of-state investors without state tax liability to invest in promising early stage Indiana companies. Additionally, the open data measure (HB 1470) would allow public access, in an appropriate way, to the tremendous amount of data the state has collected. This is one of a couple of new initiatives coming from our Indiana Technology & Innovation Council policy committee. To see these efforts making progress right away, in their first session, is very encouraging.

A disappointment for the Indiana Chamber
There were several bills centered on litigation that couldn’t get out of committee. That’s because there are too many attorneys on both civil justice committees who are standing with trial lawyers, which essentially is blocking any sort of tort reform.

Smoking Reform Elements (Mostly) Move On

HB 1578, as recently amended, repeals employment protections for individuals who smoke cigarettes or use other tobacco products, and passed the House Ways and Means Committee 19-4.

Committee Chairman Tim Brown (R-Crawfordsville) lowered the $1.50 cigarette tax increase in the bill to $1.00 and put it in the budget (HB 1001) along with funding for cessation. Additionally, the committee voted to remove the increase in smoking age from 18 to 21 from the bill and left in place only the repeal of the special treatment for smokers in the workplace. The Indiana Chamber and the Indiana Hospital Association testified in support of that provision.

The Chamber, along with other members of the Alliance for a Healthier Indiana, has been lobbying House members for votes. The Chamber also has been working to secure a Senate sponsor for the bill.

Ball State: New Clinical Trials Examine How Exercise Helps Us Down to Our Molecules

Todd Trappe (left) and Scott Trappe (right) work on a research project at Ball State’s Human Performance Laboratory.

Ball State University will partner with two other major research institutions as part of a national project to uncover how exercise changes the body on a molecular level, which could lead to people engaging in more targeted and optimized activities.

Ball State’s Human Performance Laboratory (HPL) will form one clinical trial site with the University of Alabama at Birmingham’s Center for Exercise Medicine and the Translational Research Institute for Metabolism and Diabetes in Orlando, Florida. Their work is part of the Molecular Transducers of Physical Activity in Humans program (MoTrPac), which will be financed by the National Institutes of Health (NIH) Common Fund.

The three partners will share a projected $6.6 million over six years, 2017-23, as part of a $170 million NIH investment for the largest, most complex and highly coordinated human exercise physiology training study in the field’s history.

“The NIH initiative is a moonshot opportunity for the exercise community, and the Human Performance Laboratory is honored to be part of the team,” said Scott Trappe, the John and Janice Fisher Endowed Chair of Exercise Science and director of the Human Performance Laboratory in Ball State’s newly formed College of Health. “This is a new frontier that will move the field forward to better understand the health benefits of exercise.”

Under the $170 million project, 19 grants will support researchers working around the country, including seven clinical trial sites and several analytical sites to collect samples from people of different races, ethnic groups, sex, ages and fitness levels.

“We have long understood that exercising is beneficial to our overall health; however, we still do not understand why,” NIH director Francis S. Collins said in a statement. “The development of a so-called molecular map of circulating signals produced by physical activity will allow us to discover, at a fundamental level, how physical activity affects our health.

Under the national research initiative, researchers will partner to develop plans to recruit people for clinical trials, identify how to analyze tissue samples and select animal models to best replicate human studies.

Investigators across the country will recruit a total of about 3,000 healthy men and women of different fitness levels, ages, races and ethnicities. Each clinical site will enroll and study 450 to 500 participants. Researchers will collect blood, urine and tissue samples from the volunteers, who will perform resistance or aerobic exercises as part of the national study.

During the first year, clinical site teams will finalize plans and responsibilities. Trappe said HPL will quickly ramp up operations, including adding more researchers and post-doctoral students, to begin work in 2017. He will be a co-director of the test site; Todd Trappe, a Ball State exercise science professor, will be a co-principal investigator for the site.

Toby Chambers, a first-year doctoral student in Ball State’s human bioenergetics program, believes the NIH project underscores the national reputations Ball State and HPL have developed.

“As a doctoral student in the Human Performance Laboratory, I am really excited about the learning opportunities that will result from the research team’s involvement,” he said. “The unique opportunities this presents to the research team are why individuals, like myself, continue to be attracted to the HPL at Ball State.”

Indiana Chamber, Ball State Announce Healthy, Wealthy and Wise Index for Hoosier Communities

An old proverb, first printed in 1639, says: “Early to bed and early to rise makes a man healthy, wealthy and wise.” In today’s state and national economies, the assertion is that the healthier the residents are, the wealthier and wiser they and the broader community will also be.

The Ball State University Center for Business and Economic Research (CBER) created the Healthy, Wealthy, Wise Index for the Indiana Chamber of Commerce, its Foundation and the Wellness Council of Indiana to emphasize the critical importance of the health factor. The Index will serve as a valuable measuring tool for the Wellness Council’s Indiana Healthy Community initiative.

The Wellness Council of Indiana is a wholly-owned subsidiary of the Indiana Chamber.

“Health is a key success factor to learning and wealth,” says Wellness Council of Indiana Executive Director Chuck Gillespie. “Community leaders and business decision makers need to understand why ‘healthy’ must be a big priority in order to ensure the vitality of their communities and workplaces.”

Thirty indicators – 15 health, six wealth and nine wise – were selected to establish the three indices. Results among all 92 counties and, separately, the 50 states are divided into quartiles, with those in the fourth quartile having the strongest performance.

“Our research also found there are major policy implications,” states Michael Hicks, the George and Frances Ball Distinguished Professor of Economics in the Miller College of Business and director of CBER. “There is a huge disparity in health and health care costs associated with preventable diseases in Indiana, especially across rural and urban settings. With this information, local governments can partner with businesses and non-profits to figure out how wellness can be more effectively spread throughout our communities.”

The Indiana Chamber’s Indiana Vision 2025 (www.indianachamber.com/2025) economic development action plan for the state includes four drivers, with three health-related goals under the Attractive Business Climate section (along with the direct correlation of the Wise index to the plan’s goals under Outstanding Talent). While the state has fared well in tax, regulatory and other areas in enhancing its business climate, the unhealthy state of the population is a costly and dangerous outlier.

The Indiana Chamber and allies have formed the Alliance for a Healthier Indiana to tackle health care challenges, with an initial legislative focus on reducing smoking. Nearly one-quarter of the adult population in Indiana smokes at an annual cost of $6 billion in additional health care expenditures and lost productivity.

“The Wellness Council has focused on creating and maintaining well workplaces throughout its history,” Gillespie shares. “The Indiana Healthy Community initiative is an important step to embracing and working toward community-wide health improvements. Healthy citizens are essential to Hoosiers being prepared to learn and work at their highest capabilities. Leaders are encouraged to use these findings in assessing the current status of their communities.”

Srikant Devaraj, CBER research assistant professor, adds, “This research found that there is a strong correlation between the built environment – the man-made surroundings that provide the setting for human activity – and the places where people are moving, implying that households put more value on the recreational amenities. Infrastructure related to traditional wellness activities, such as trails, playgrounds, parks and open green space matters more than ever in where people and subsequently businesses relocate.”

Counties that score highly in all three indices include Bartholomew, Dearborn, Dubois, Kosciusko and those surrounding Indianapolis. As suggested by earlier research, rural areas do not fare as well as urban settings. There are examples of high and low performers in close proximity to each other. Nationally, success is varied with Indiana having a below median health index and above median wealthy and wise results.

The Healthy, Wealthy, Wise Index is available at www.wellnessindiana.org, www.readyindiana.org and www.bsu.edu/cber/publications. The Ball State site includes full index scores for each county and state.

To be considered an Indiana Healthy Community, communities must apply to the Wellness Council of Indiana and meet eight key components, including working with various community leaders, getting citizens involved, analyzing political atmospheres and ensuring environments are best for making healthy choices. Part of the requirements include having a certain number of businesses certified as AchieveWELL companies, a Wellness Council designation for individual organizations

Locations interested in becoming Indiana Healthy Communities can visit the Wellness Council web site for more information and to apply.

Business Dining Etiquette Essentials

Business meals are more than just talking shop. They are a way to distinguish your demeanor from the dinner table to the boardroom. You can be the best in your field or tops in your company, but if you mess up the business meal, no one is going to be impressed. What do you need to know about modern table manners to make a great impression?

Sharon Schweitzer, J.D., is a cross-cultural consultant, an international protocol expert and the founder of Protocol & Etiquette Worldwide. She says employ these seven business dining tips to present yourself in the best manner possible and ace every business dining experience that crosses your path.

  1. Invitations: Remember that the person extending the invitation is the host and is responsible for payment of the bill. When receiving or extending invitations, pay attention to special dietary needs. The host may ask about food allergies or sensitivities, kosher, halal, gluten-free, sugar-free and dairy-free diets. Be sure to RSVP or reply within 24 hours with any dietary restrictions.
  2. Guest Duties: As a guest, observe the host for cues. For example: place your napkin in your lap after the host; the host does so first to signal the start of the meal. When excusing yourself between courses, the napkin is placed on the chair seat soiled side down. At meal’s end, place your loosely folded napkin on the left of your plate after the host does. Don’t refold it.
  3. Silverware & Service Signals: Once silverware is used, including handles, it doesn’t touch the table again. Rest forks, knives and spoons on the side of your plate. Unused silverware stays on the table. If you are resting between bites, place your fork, with tines up, near the top of your plate. To signal the server that you’re finished, place your fork and knife across the center of the plate at the 5 o’clock position. Service signals also include closing your menu to indicate you’re ready to order. If you are browsing an open menu, the server has the impression you aren’t ready.
  4. What should you order? Ask the person who invited you (host or hostess) for suggestions on the menu. Ask them to make suggestions or for their favorite dish. Listen carefully because they will provide a top and bottom price range based on the entrées they recommend. Then select a moderately priced item or one of the dishes they recommend.
  5. To drink or not to drink? If the host orders alcohol, and you don’t wish to drink, you simply order the beverage of your preference without an explanation. “I’ll have an iced tea with lemon please” or “Diet Coke please” and continue to browse the menu. You are under no obligation to consume alcohol at lunch or any other time of the day. Polite dining companions will not comment or ask questions. If they do, simply ask, “Pardon me?” and look at them intently. They will realize the impertinence of their question.
  6. Connections & Conversation: It’s the host’s job to keep conversation going during the meal; and guests must contribute with courtesy. Just don’t monopolize the conversation, rather ask questions and express interest. Light topics include books, travel, vacation, movies and pets; avoid politics, sex and religion. If you need to talk to the server, don’t interrupt the flow of the conversation. Rather, catch the eye of the server if you need assistance, or slightly raise your hand. If they are busy, softly call their name or “server?”
  7. Tipping: The host is the person who extended the invitation, and they are responsible for paying the bill. Consider these U.S. tipping guidelines: bartender: 10-20 % of bar bill; valet: $2.00-$5.00; coat check: $1.00 per coat; server: 15-20% of bill; 25% extraordinary service; sommelier: 15% of wine bill. The tip should reflect the total price of the bill before coupons, discounts or gift certificates.

Hancock, Delaware Counties Honored by Wellness Council as Healthy Communities

IN-HealthyComm-Logo

The Wellness Council of Indiana (WCI) recently honored two Indiana communities as Indiana Healthy Community Initiative designees. The designations are the first for the WCI program, which began earlier this year.

Hancock County and Muncie-Delaware County were awarded the title at the 2016 Indiana Health and Wellness Summit September 21-22 in downtown Indianapolis. The annual summit is the largest gathering of wellness professionals in Indiana, and was presented in partnership with the Indiana Chamber of Commerce, the Wellness Council of Indiana, the Indiana State Department of Health, INShape Indiana and the American Diabetes Association.

To be considered an Indiana Healthy Community, communities must apply to the WCI and meet eight key components, including working with various community leaders, getting citizens involved, analyzing political atmospheres and ensuring environments are best for making healthy choices. Part of the requirements include having a certain number of businesses certified as AchieveWELL companies, a WCI designation for individual organizations (see AchieveWELL information and list below).

Additionally, community leaders identify short-term and long-term strategies to ensure a healthy community for all citizens. WCI representatives assist communities in providing best practices for achieving community goals.

“The premise of the Indiana Healthy Community Initiative is to drive economic growth and development for communities, so that when companies want to relocate or start in Indiana, they’re looking at communities where health is a priority,” WCI Executive Director Chuck Gillespie says.

“And in these areas – like in Delaware and Hancock counties – what companies will find are healthier employees and families, lower insurance costs and a productive workforce.”

Six other counties – Putnam, Howard, Dubois, Kosciusko, Monroe and Hendricks – are all in various stages of involvement with the Indiana Healthy Community Initiative.

Locations interested in becoming Indiana Healthy Communities can visit the WCI web site (Healthy Communities tab) for more information and to apply.

The Wellness Council of Indiana is a wholly-owned subsidiary of the Indiana Chamber of Commerce.

‘Slow and Steady’ Not Just for the Tortoise

?????????????????????????????????????????????Kris Taylor of Evergreen Leadership authored a recent thoughtful blog post on the advantage of slowing down.

Below is her top 10 list. Check out the full post.

10 Reasons to Slow Your Pace

  1. Ensure you are going in the right direction
  2. Go farther over the long haul
  3. Go more safely
  4. Eliminate spinning out of control
  5. Savor the moment and ultimately the journey
  6. Bring others along, even though they slow the pace
  7. Avoid mistakes and mishaps
  8. Observe and learn along the way
  9. Maintain your health and well-being
  10. Be more focused and in the moment