The Trendiest Benefits for 2024
There’s no denying that employees’ needs have changed over the past few years. As such, employers can offer benefits to meet evolving worker needs shaped by the lingering effects of the COVID-19 pandemic, a tight labor market, and rising inflation. Many workers are paying more attention to their benefits and wondering how to stretch their […]
Improving the Utilization of Employee Assistance Programs
Employee assistance programs (EAPs) are employer-sponsored programs that offer services or referrals to help employees deal with personal problems. These programs can boost employee well-being, satisfaction, performance and health. Unfortunately, these programs are often heavily underutilized. According to Mental Health America, 98% of mid- to large-sized companies offer EAPs, but only 4% of employees use […]
7 Key Employee Benefits Trends in 2024
Attracting and retaining employees has challenged employers since the onset of the COVID-19 pandemic and as employee benefits trends evolve. In 2024, the labor market is expected to cool slightly; however, competition for talent will remain. As such, employers must remain agile and adapt to developing labor and market trends that will shape the market […]
Open Enrollment Glossary of Terms
Open enrollment is the time of year reserved for you to make changes to your benefit elections, and unfamiliar terms can make this process confusing. Use these definitions of common open enrollment terms to help you navigate your benefits options. Coinsurance – The amount or percentage that you pay for certain covered health care services […]
The Future of Employee Benefits: Trends to Watch in 2024
Employee benefits have always been a cornerstone of a company’s efforts to attract and retain top talent. However, the benefits landscape is ever-changing, with new trends emerging annually illustrate what employees consider valuable. As we journey further into the year, it’s crucial for employers to stay ahead of the curve and understand the upcoming trends […]
What If Disability Insurance Was Called “Paycheck Protection”?
Disability insurance plays a crucial role in protecting individuals from the financial hardships caused by unexpected injuries or illnesses that can affect their ability to work. However, the perception of disability insurance can often be misunderstood or undervalued. What if we reframed disability insurance and called it “Paycheck Protection”? Let’s reimagine how we view disability […]