After years of paltry wage increases that barely keep pace with inflation, it looks like employees would be willing to take some crazy sacrifices for a 10% raise. Just how much would workers be willing to give up for a…
Benefits
Almost 70% of employees admit they aren’t putting enough money away for retirement. And many workers who planned to retire at ages 65 to 67 now say they can’t retire until age 70 or … never! That's according to findings…
More than ever, the workplace is a melting pot of different generations with different priorities, values and needs. And you need to find a way to build a benefits package that will address it all. With Gen Zers set to…
On January 1st, provisions to the SECURE Act 2.0, part of the 2023 omnibus spending bill, went into effect – and it may affect your benefits package. The SECURE Act 2.0 – which is built off the Setting Every Community…
‘Tis the season for end-of-year madness. From wrapping up open enrollment to budgeting for the new year, there are a lot of boxes to check off. But there’s one you won’t want to miss: Reminding employees about depleting their Flexible…
Consciously making employee well-being part of your company culture, with a balance of work flexibility and connectedness, will be the key to successful retention. That's according to Aimee Gindin, the chief marketing officer of LifeSpeak Inc., a "whole-person" employee well-being…
For an employee wellness program to be successful, employers need to make sure that employees are aware of the program and are using it. Factors that determine success include promoting awareness, strong support by leaders and soliciting input from employees.…
Employee benefits are a core function of human resources, and for good reason: A comprehensive employee benefits package can help keep current employees happy, and competitive perks can attract and retain top talent amidst a tight labor market. But employee…
Open enrollment is just around the corner, and HR departments need to prepare to answer questions, correct issues and manage all of the other stress that comes with this time of year. And the process isn’t easy for employees, either:…
After a three-year hiatus, student loan repayments are officially starting up again this month. That means nearly 44 million out of 161.5 million working Americans will begin paying back their student loans as of October 1. And, with a collective…
Employers must follow the PUMP Act and Pregnant Workers Fairness Act. But it may take offering family health benefits - and going beyond what's legally required - in order to stand out in a competitive hiring market. This includes paid…
The traditional definition for total rewards is the financial and non-financial rewards an organization offers employees for their time and work. Because of this definition, most leaders immediately think of compensation and benefits as the foundation of their total rewards.…
When was the last time your employees were pleasantly surprised by their healthcare benefits like health savings accounts (HSAs)? It’s safe to say that when it comes to their covered benefits, employees hope for reliable coverage and security for their…
The World Economic Forum estimates that by 2025 - two short years away - more than 25% of the workforce will be comprised of Gen Z individuals. These resourceful digital natives, born around the turn of the millennium, are graduating…
Employee health benefits - including well-being - are often a major hook for attracting and retaining top talent. But if you're one of those employers with four or more generations, a traditional health plan could result in dissatisfied employees because…
The American workforce has faced a tremendous number of obstacles over the past three years. From layoffs and furloughs to ever-changing perspectives on hybrid work, it’s no wonder that employers struggle to maintain an engaged and motivated employee base. Employers…
