Hard to believe, but we’re halfway through the year. And firms and their HR professionals have been planning their benefit strategies for next year as the Great Resignation marches on into 2023. Due to fluctuating economic conditions and the tight labor market, 2023 is going to be a balancing act between ensuring benefits are […]
Most employees don’t understand their health insurance … even if they think they do! That means they probably aren’t selecting the healthcare plan that best meets their needs. Are they paying for the most expensive plan which they might not need and are wasting money, or are they selecting the cheapest plan to save money […]
Employees can’t be emotionally confident unless they’re financially confident. This is especially true with women, who identify as less emotionally and financially confident than men, according to a Guardian study. And employees who aren’t emotionally and financially confident aren’t doing their best work. That’s because financially confident employees take financial steps to fulfill the goals […]
If HR wants younger employees they hire to be “all in,” organizational leaders will want to take the charge with benefits programs structured around supporting whole-person wellness. While benefits like annual raises and an employee assistance program (EAP) with appointment limits have been alluring, these perks are now expected by many Millennial and Gen Z […]
Did you know companies that invest in employees’ well-being see results as high as 600% ROI? That’s because for every $1 invested in employees’ well-being, medical and absenteeism costs go down. The type of wellness programs that see these kinds of returns offer more than just a handful of perks. They target employees’ needs and […]
COVID-19, inflation, rising gas prices… it seems like everything is changing up work the past few years, and employee benefits are changing with it. When most began working from home, the benefits of a no-commute work day were seen by many: cutting down on travel time, gas prices and more. However, a few years out […]
Sixty-nine percent of employees admit they aren’t putting enough money away for retirement. And since the pandemic, many workers who were planning to retire at ages 65 to 67 now say they can’t retire until age 70 or … never! These are the latest finding of the Global Benefits Attitudes Survey by Willis Towers Watson […]
The Great Resignation has spurred a lot of talk about unconventional benefits, and how companies can use one or two of them to attract and retain talent. But HR Morning recently encountered a company that’s basing most of its benefits around the unconventional and leading the way for others. Intrigued? We were, too. So, we […]
Employees are taking more accountability for their own mental wellness these days. In turn, expecting they expect more mental health support from their employers. Mental health used to be discussed in regards to treatment – something that required a one-time solution. Today, it’s understood as something you don’t necessarily visit a hospital for, but rather […]
