Posts Tagged ‘employee benefits’
The 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 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…
Read MoreBang for Your Buck: Getting the Most Out of Employee Benefits
Employee benefits have always been a vital part of an employer’s offerings, but never more so than in the wake of the pandemic and the Great Resignation. Millions of workers have left their jobs, and while the reasons vary, central among them is the sense that employers don’t care about their team members as individuals.…
Read MoreBenefits 101: Educating Younger Employees
In the age of the Great Resignation (or the Great Reshuffle, if you prefer), anything an employer can do to retain talent is vital. Providing a substantial benefits package is obviously important, but many employers overlook the important step of making sure their team actually understands what’s in the package and how it can make…
Read MoreEmployee Benefits – Make it Personal
Each workforce is comprised of unique individuals with diverse backgrounds and interests. So why opt for a one-size-fits-all benefits package? Instead, consider providing benefits options that are as unique as your employees. Doing so could be the attraction and retention tool that sets your workplace apart. In fact, 73% of employees said having customized benefits…
Read MoreEmployee Wellness in 2022 – Trends to Watch
Employee wellness has always been a primary concern for employers, and never more than over the past two years as the pandemic has challenged all of us in many ways. With this renewed focus on the general well-being of team members, wellness initiatives are expected to grow in 2022. Here’s a look at trends to…
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