Employee Benefits

5 Ways Student Loan Debt Impacts the Economy

The United States economy impacts financial markets, businesses and people worldwide. Many factors can stimulate economic growth or create a downturn. Currently, one significant burden is the $1.3 trillion Americans owe for student loans. The Federal Reserve Bank of New York reports that student loan debt has grown more than auto loan, credit card and … Read Full Article

high deductible

5 Things to Know Before Enrolling in a High-Deductible Health Plan

High-deductible health insurance plans have become a popular choice for American employers and employees wanting to control health care costs. While these plans have low monthly premiums, employees can pay more out of pocket for medical costs before insurance kicks in. Here are five things to know before enrolling in a high-deductible plan: Understand insurance … Read Full Article

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

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