Topic: employee benefits

communicate

3 Ways to Communicate the Value of Employee Benefits

Private sector businesses spend 31 percent of employee compensation budgets on benefits. However, many employees don’t appreciate or understand the value of the benefits plans provided. They believe compensation and benefits cost much less than the actual investment. Interestingly, many employees look at the quality of benefits when considering whether to stay with their current … Read Full Article

5 Things Employees Should Ask When Reviewing Health Benefits

Benefits enrollment can be overwhelming. Ease employees’ concerns by sharing tips for evaluating plans. Here are five questions to ask when evaluating health benefits: 1. How much coverage do I need? – Review your health needs and those of your dependents. Determine what type of medical services may be needed in the coming year, including … Read Full Article

employer-security

4 Ways Benefits Create Security for Employers

Employee benefits plans do a lot more than provide insurance coverage. They offer security and support efforts to recruit and retain engaged workers. Explore four valuable contributions benefits can make to your business. Attract new talent – Top job applicants look for positions with employers that offer quality benefits plans for their families’ health care … 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 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 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

Increase Employee Productivity and Engagement by Focusing on Well-being

Increase Employee Productivity and Engagement by Focusing on Well-being

Employers are discovering that focusing on overall well-being improves employee engagement and productivity. Healthier, happier employees take fewer sick days, reports the Centers for Disease Control and Prevention, so employers can count on them to support business operations. Consider four factors that impact employee productivity: 1. Stress – Most employees today juggle many work, family … Read Full Article

4 Ways Benefits Help Employee Retention

Most employers have a powerful asset for employee retention, but few use it effectively. It’s their employee benefits plans. On average, employers lose 20 to 50 percent of employees annually, reports Bain & Company. While there are many factors that influence employees’ decisions to change jobs, an excellent benefits package can impact their decision to … Read Full Article

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