Navigating the Benefits Buffet: How to Choose the Right Mix for Employees
With the number of potential employee benefits rising swiftly, employers face tough choices, deciding which perks provide the highest value.
With the number of potential employee benefits rising swiftly, employers face tough choices, deciding which perks provide the highest value.
As the white-hot labor market of the past few years shows signs of cooling down, pay raises for U.S. workers in 2025 are projected to be slower than recent trends. Still, most employers will give salary bumps above the 3% threshold that has become the norm in the pre-pandemic economy.
A recent Business Group on Health (BGH) survey found that heightened interest and spending on glucagon-like peptide-1(GLP-1) drugs is a major driver of rising health care costs in 2025.
A new Health Insurance Portability and Accountability Act (HIPAA) privacy rule went into effect on June 25, that prohibits the disclosure of protected health information related to lawful reproductive health care in certain situations.
In a decision that could have major implications nationwide, a federal judge has put the Federal Trade Commission's controversial new rule restricting the use of non-compete agreements on hold, at least temporarily.
As the number of American households welcoming pets continues its 30- year climb, now including more than 66% nationwide according to recent surveys, their role in our families and fabric of daily life has transformed dramatically.
A new Health Insurance Portability and Accountability Act (HIPAA) privacy rule went into effect on June 25, that prohibits the disclosure of protected health information related to lawful reproductive health care in certain situations.
When 401(k) auto-features like automatic enrollment, automatic deferrals, and automatic escalation first emerged, they seemed like a total game-changer.
Unexpected injuries can lead to financial stress for many workers. With accident insurance, employers have an opportunity to provide additional financial support to employees.
Now more than ever, employees are looking to their employers for guidance on navigating their available benefits and how to stretch their dollars further. As such, effective open enrollment communication is critical this year. According to a Willis Towers Watson report, 84% of employers plan to expand their tools in 2023 to help employees navigate their enrollment decisions, compared with 70% last year. Employees are likely paying more attention this year as they also navigate record-high inflation and work to maximize every hard-earned dollar.