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How Targeted Wellness Programs Can Reduce Workers’ Comp Claims

By |2024-06-10T15:21:01+00:00June 7th, 2024|Blog, Employee Benefits|

Employers pay a high price for workplace injuries. According to the Occupational Safety and Health Administration (OSHA), workers’ compensation costs U.S. employers nearly $1 billion per week, including indirect expenses like lost productivity, human resources support, replacement employee training, and reputational damage.

Preventing Burnout in Working Parents Helps Employers

By |2024-05-28T17:08:59+00:00May 21st, 2024|Blog, Employee Benefits|

For companies aiming to elevate productivity, engagement, and loyalty in the workforce, prioritizing support for working parents may be a wise investment. Experts agree the stress of balancing professional and family obligations exacts a significant toll, frequently culminating in burnout — and businesses bear the brunt of the consequences.

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Using Employee Feedback to Optimize Benefits Packages

By |2024-05-06T14:40:05+00:00May 2nd, 2024|Blog, Employee Benefits, Trending|

As employers look to reduce spending, many are slashing essential worker benefits like 401(k) plans, health insurance, and tuition assistance. However, experts warn against indiscriminately axing the costliest perks employees rely on. They say a better strategy is identifying underutilized offerings to cut and reallocating those dollars toward in-demand benefits.

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The Game-Changing Benefit You’ve Been Overlooking: SECURE 2.0’s Student Loan Matching

By |2024-05-06T15:36:39+00:00May 1st, 2024|Blog, Employee Benefits|

A key provision in the SECURE 2.0 Act that took effect January 1 could be a game-changer for employers looking to assist workers with student debt while also bolstering retirement savings.

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Navigating Compensation in the Era of Transparency

By |2024-04-29T16:28:19+00:00April 24th, 2024|Blog, Employee Benefits, Trending|

Six decades after the Equal Pay Act aimed to eliminate gender-based wage discrimination, women in America still earn just 82 cents for every dollar earned by men. For Black and Hispanic women, the gap is even wider at 70 cents and 65 cents, respectively.

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Tailoring Benefits to Boost Employee Retention

By |2024-04-08T21:15:55+00:00April 6th, 2024|Blog, Employee Benefits, Trending|

Generation Z is primed to take over as the largest generational group in the workforce. This seismic shift means employers must get creative in how they attract and keep top talent across diverse ages and life stages. One area ripe for a refresh is employee benefits communication and personalization.

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Early Cancer Detection Saves Lives, Lowers Costs

By |2024-04-08T21:28:38+00:00March 28th, 2024|Blog, Employee Benefits, Trending|

A recent report reveals that early cancer detection through screenings can improve survival rates and reduce healthcare costs for employers. However, many organizations struggle to get employees screened due to a lack of awareness, time constraints, and reliance on third parties for care. Proactive efforts by employers to promote screening compliance can lead to better outcomes.

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2024 Benefits Trends: What Employers Need to Know

By |2024-03-07T17:48:47+00:00March 7th, 2024|Blog, Employee Benefits, Trending|

As the COVID-19 pandemic recedes into the rearview mirror, employers are shifting their focus to new challenges in the benefits space. With medical costs projected to rise 8.9% in 2024, many companies will need to make difficult decisions about their health and welfare offerings. They’ll also face growing pressure to support employees’ financial, physical and mental well-being.

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