You have great well-being benefits in place. So why don't employees use them? It's a good question - with many answers - that HR pros often ask. In fact, more than 85% of employers offer well-being benefits beyond physical, yet…
Benefits
Want to know how to avoid burnout? Implement a four-day workweek! That’s what the 2021 Eagle Hill Consulting COVID-19 Workforce Burnout Survey found. The survey, conducted by Ipsos from Aug. 11-16, 2021, randomly sampled U.S. employees. The 1,010 respondents answered questions…
The types of benefits people are getting excited about today are really changing. They look different than a few years ago. So, which of these benefits that have been implemented during the pandemic are instrumental with retention? Flexibility Flexibility is…
Guess what’s at an all-time high? People’s desire for advancement or career changes. Eighty-three percent of the global workforce say they want to “advance their career or make career changes over the next year.” And 73% of them said they’re…
More than likely you offer some kind of mental health benefits. But is what you’re offering enough? Are the benefits effective? Believe it or not 56% of employees with a diagnosable mental illness didn’t get mental health care in 2020,…
Does your company offer benefits to help employees with substance use disorders (SUDs)? If not, it's extremely important. Here's why: Benefit pros know the mental health toll the pandemic has taken on workers – increased depression, anxiety, and isolation/loneliness. So,…
In 2018 only 36% of employers rated voluntary benefits to be important to their “value proposition and total rewards strategy three years from now,” according to a survey by Willis Towers Watson, a global advisory, broking and solutions company. But…
Good news! While employees think it’s an employer’s responsibility to help them improve their overall well-being, they also think you’re doing a good job of it! Specifically, 31% believe their employers’ efforts have increased since the start of the pandemic,…
Thanks to the pandemic, people are hyper-focused on their physical and mental well-being. However, they’re also laser-focused on their financial well-being. Why? Because it's stressing them out. And with people jumping ship left and right for higher paying and better…
Business is looking up and firms are looking to increase benefits offerings. In fact, over 90% of businesses plan to increase at least one benefit next year. Small- to medium-sized firms are increasing their focus on “key employee well-being initiatives.”…
When the pandemic first started and millions of employees got sent home, regular working hours went out the window. People didn't know how to disconnect from work. With no separation between work and home, employees noticed every email or notification…
What’s a benefit that’s sure to attract and retain a large poolof employees? Answer: Student loan debt repayment. Currently, a large portion of your employees probably have varying levels of student loan debt. And many probably have significant debt. The…
It’s vital you make sure employees get all required annual notices. It's part of your job as the administrator of your firm’s health and wellness benefits plan. And with so many people still working from home, how should you distribute…
Want to know what benefits are highly coveted nowadays? Fertility and family-forming benefits. Out of 1,000 respondents, only 12% had these benefits. And out of them, 50% don’t feel their company offers enough to meet their needs. That's according to…
Your workforce carries higher education debt than you think. Sixty-five percent of college-educated Americans are managing student loan payments right now. On average, they owe $37,113, according to Credit Summit. Carrying a financial burden that heavy can impact employee wellbeing…
The pandemic was a huge financial stress on many people. So, offering benefits, like emergency savings accounts funded by payroll deductions, is growing in popularity and one way you can help employees. Recent research shows that 37% of U.S. households…
