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Some banks are coming up with creative strategies for dealing with the rising cost of health care, from on-site clinics to full-time wellness coordinators. They also are softening the blow of high-deductible plans by phasing them in and contributing to employees' Health Savings Accounts.
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Community service initiative: The bank's CreditPlus program is a low-interest, small-dollar loan alternative to payday lenders and check-cashing services. Participants are invited to attend financial literacy seminars.
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Undergoing an annual physical exam gets employees a day off.
October 28
Location: Ridgeland, Miss.
Assets: $2.6 billion
Employees: 787
President and CEO: William A. Ray
Popular with employees: Each year BankPlus employees get a day off as an anniversary gift, and every five years they get a gift such as jewelry, furniture, luggage or a vacation.
Employee recognition/appreciation program: Top performers selected for the "Five-Star Club" each quarter enjoy lunch with executives, a $500 bonus and a commemorative coin to display on their desks.
Fitness/wellness program: The bank's WellnessPlus initiative includes a spa program for stress, a football-themed challenge to encourage more exercise, a weight-loss program, and health and wellness seminars.
