Want to know what your peers’ top priorities are when it comes to their benefits plans for 2022? Cost management, new services and offerings, and employee engagement. Cost management is a top priority because 94% of respondents to a Maestro Health survey believe costs will continue their upward trend as high as 20% more. Switching […]
It’s no secret hiring and retaining employees during the “Great Resignation” is extremely hard. But guess what? Half of the working population make job decisions largely based on health benefit options, according to a recent study. So, Benefits pros have a vital role to play helping their CFOs improve their offerings in 2022. How? By […]
Now more than ever, your workers are interested in non-medical benefits. Why, you ask? Because thanks to the pandemic, workers have suffered through financial hardships, as well as diminished mental well-being. So, their focus has expanded to include financial, emotional and physical well-being. Some of the non-medical benefits workers have a growing appreciation and need […]
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 only a handful of employees – about a quarter – use them, according to the The […]
It’s that time of the year! No. I’m not talking about the holidays. I’m talking about open enrollment. Tired of hearing about it yet? Of course not, you’re a Benefits professional. And just like Santa, this is your big/busy time of the year. To help you keep your finger on the pulse of the industry. […]
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 about burnout and retention. If you’re thinking, “Yeah, right. Let me run that by my […]
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 a popular benefit people want. One in three employees don’t want to work onsite full […]
As an Benefits pros, one of the busiest times of your year is likely open enrollment. You’ve got employees asking you a thousand questions a day, from general FAQs like “what is an HDHP?” to more personal asks such as “which plan is right for me?” To offer one-on-one guidance at scale, many leading employers […]
It’s almost 2022 and there’s some news you need to let employees know about. The IRS raised 401(k) contribution limits $1,000 from 2021. So, for 2022, employees can stash away up to $20,500 in their 401(k), 403 (b) and the federal government’s Thrift Savings Plan. This is thanks to a higher-than-normal annual inflation rate of […]
