Employee Benefits

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

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

benefits communications

3 Ways to Help Employees Find the Right Benefits Coverage

Shopping for an item in the store can be frustrating if you don’t know exactly what you’re looking for and where to find it. The experience can be even more challenging if you can’t find a store associate to help you. Many employees feel the same way when selecting health care benefits plans. The wording … Read Full Article

3 Ways Employers Can Simplify Benefits Communication

3 Ways Employers Can Simplify Benefits Communication

Employees are more likely to enroll in benefits plans if they understand their coverage choices, according to a survey featured in Employee Benefit News. Interestingly, only 33 percent said benefits information was easy to understand. To keep employees engaged with their benefits, and their jobs, employers can simplify benefits communication in three ways: Strategic plan … Read Full Article

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