Businesses everywhere, in every industry, are feeling the pinch when it comes to staffing. According to the Department of Labor, job openings reached an all-time high of 10.9 million in July.* It’s no wonder that the C-Suite is taking a closer look at how they compete when it comes to attracting new hires and not…
More Would Sacrifice Pay for Better Benefit
The below article originally appeared in “Planning 2021 Benefits Changes for the COVID-19 Era,” by Joanne Sammer, July 21, 2020 – SHRM Even before the pandemic struck, a growing number of U.S. employees were willing to give up additional pay in exchange for more-generous benefits. The 2019/2020 Global Benefits Attitudes Survey by HR consultancy Willis Towers Watson, based…
15 Ways Employers Can Reduce Health Care Spending That Aren’t Cost-Sharing
Empower employees to make informed benefit decisions. Best performers identify what the workforce needs and understand that each employee has a unique health care journey. By offering meaningful choice with a variety of benefit options, employees can personalize their benefit selection. To meet the varied needs of employees, best performers offer tools that support personalized enrollment…
How employers can plan for virtual open enrollment this year
Open enrollment is right around the corner and this year poses different challenges for both employers and employees. COVID-19 has forced businesses to embrace technology and get creative not only when it comes to day-to-day operations, but also meetings, conferences and events. Open enrollment for employee benefits will be no different. COVID-19 has impacted benefit plan design,…
U.S. Health Care Is in Flux. Here’s What Employers Should Do
Even if premiums stay as they are, employers may still be unable to afford them amid plummeting revenues. Before Covid-19, premiums for employer-sponsored plans had been consistently outpacing inflation. In 2019, the Kaiser Family Foundation reported that the average annual premium for employer-sponsored health insurance was a whopping $20,576 for a family of four (and $7,188 for…
Recent Comments