Benefits
10 Benefit Trends To Know in 2024
When it comes to employee benefits, no year is ever the same. But recent years have made “different” seem like a vast understatement. Expect more changes in 2024 as economic uncertainty and emotional burnout affect employee health and finances. Other driving forces will stem from generative artificial intelligence (AI), evolving workplace expectations, labor market fluctuations…
Read MoreUsing Your Employee Benefits To Combat the Winter Blues
The drop in temperatures can also mean a worrisome drop in employee moods. In a survey by the workplace consultancy Peldon Rose, half of individuals said that winter has a negative impact on how they feel at work, and one-third said it decreases their productivity. But your employee benefits and accompanying workplace initiatives can be…
Read MoreThe Benefits of Employee Volunteer Efforts
Employees want to work for companies that represent their values. Research from the management company Qualtrics found that 56% of employees would turn down a job from a company with conflicting values. An increasingly popular way to demonstrate values is by providing employees with paid time off to support causes that are important to…
Read MoreGive Your Employee Handbook an Annual Checkup
Your employee handbook is a valuable way to inform employees about company policies, practices and expectations. Or, at least, it should be. Too often, employee handbooks become overstuffed, patchwork tomes that rarely get used. To ensure your employee handbook remains an asset, make time each year to review it for relevance and ease of use.…
Read MoreAre Your Employees Satisfied With Their Benefits?
A recent study from Metlife found that an increasing number of employees feel they are not receiving the benefits they need from employers. Employee satisfaction with benefit offerings has fallen to 61% in 2023 from 64% in 2022, reaching its lowest point in the past decade of the study’s history. One significant reason for this…
Read MoreEmployers’ Top Challenges in 2023
An Employee Benefits Market Pulse Survey asked more than 200 brokers for their views on their clients’ most pressing challenges this year. Let us help you with these challenges! Mitigating rising health care costs Health care costs continue to increase as utilization rebounds to pre-pandemic levels, outpacing the consumer price index. Inflation is also causing…
Read MoreEducate your Employees on Voluntary Benefits
Offering voluntary benefits is a great way to enhance your benefits package, differentiate from competitors and increase employee satisfaction—all with little impact on your budget. But while employers may choose to offer numerous types of voluntary benefits that can deliver convenience and value for employees, many employees do not understand the advantages of these voluntary…
Read MoreHR Hotline – Exclusively for our Clients!
In a recent post we discussed our HR and Compliance Portal, our online portal for convenient access to resources on safety, compliance and much more (read about it here). While this portal is a vast and searchable resource, sometimes you need a little personal guidance, especially when it comes to matters of Human Resources. Chances…
Read MorePublic Health Emergency ends on May 11, 2023
With the anticipated end of the COVID-19 National Emergency and Public Health Emergency (PHE) on May 11, 2023, the federal government is beginning to unwind some of the policies that have been in place during these periods. On March 29, 2023, the Departments of Labor, Health and Human Services, and the Treasury (Departments) issued guidance…
Read MoreKey Employee Benefits Trends for 2023
Many of the challenges that plagued workplaces in 2022 will likely continue this year and beyond. Current labor challenges are forcing employers to find ways to balance rising costs and inflation while providing employees with the benefits they value and need. Understanding this year’s employee benefits trends can help employers assess whether their offerings meet…
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