Employee Benefits

employeebenefits

5 Ways to Improve Employee Benefits Communication

Open enrollment for insurance benefits is an excellent time for employers to engage employees and build relationships. While employees like the freedom to select their benefits coverage, they still rely on employers to help them make sense of the details. Most employers agree that benefits communications should be a top priority, but often struggle to … Read Full Article

4 reasons to ask employees for input on benefits decisions

When making decisions, it’s nice to have choices. Before dining at a new restaurant, purchasing a vehicle or investing in a vacation, often people ask friends for advice and do their own research before making their final decision. At work, most people also want to be involved in decisions, especially choices for health and wellness … Read Full Article

3 Ways to Help Employees Find the Right Benefits Coverage

Shopping for employee benefits can be confusing. Make it simple. Give employees a plan for finding the benefits that fit their needs. Here are three ways to help employees find the right health benefits: Take a family health inventory – Employees should make a list of the expected health needs for the upcoming benefits year, such … Read Full Article

employee well-being

5 Ways Employers Are Focusing on Employee Well-being

A new work culture is emerging as American businesses focus on the overall health needs of employees. For years, employers have provided wellness programs dedicated to encouraging employees to improve their physical health and fitness. But employers now are recognizing the need to focus on the overall well-being of their workers. A recent Staying@Work survey … Read Full Article

recruit and retain

Calculating the Full Cost of Recruiting and Retaining Employees

In the past, people had one or two jobs during their working career. Today most individuals hold 10 to 15 jobs before retiring, with many spending five years or less at each position. Recruiting talented employees is a challenging task for employers, often taking several months to find the right people. Depending on the business … Read Full Article

4 Ways Benefits Assist Educators With Recruitment and Retention

Recruiting talented educators and support staff is challenging work. Retaining them can be just as difficult. Studies show that 59 percent of academic institutions have trouble retaining top faculty and 69 percent have problems keeping staff. Educational institutions find that providing benefits employees want encourages them to stay. In fact, a Society for Human Resource … Read Full Article

employee benefits

6 Benefits and Perks Employees Value

Employee benefits can influence workers’ decisions when choosing a new job or staying with a current employer. According to 2016 Glassdoor research, 4 in 5 employees would prefer new or additional benefits to a pay raise. The researchers also found that some benefits matter more to employees than others. Here’s a list of six preferred … Read Full Article

3 Things to Know About Prescription Drug Plans and Benefits

Americans are frustrated with the cost of prescription medications. Last year they spent about $450 billion on generic and name-brand prescription drugs. The Centers for Disease Control reports that the United States expends the most of any country in the world on drugs, which accounts for about 17 percent of total health care spending. Here … Read Full Article

6 Ways Employers Can Increase Employee Retention

Signs of economic growth are encouraging American businesses to expand operations and hire more workers. But employers know an improved economy can inspire current employees to look for other employment opportunities. The Society for Human Resource Management reports that 60 percent of employees consider benefits important to overall job satisfaction. So, to keep valuable employees, … Read Full Article

Engage Millennials With the Student-Debt Repayment Benefit

Engage Millennials With the Student-Debt Repayment Benefit

Employers are searching for solutions to keep millennial employees engaged with their work. A recent Jobvite survey showed that 42 percent of millennials change jobs every 1 to 3 years, compared to 18 percent for other workers. This turnover rate costs United States employers over $30.5 billion each year. Turnover reasons Research indicates that a … Read Full Article

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