Feel like on-the-job expectations are constantly growing, but struggling to stay motivated? You, along with an overwhelming majority of the American working population, may be experiencing symptoms of burnout. Employers are beginning to realize just how vast the implications for employee burnout are on their businesses. According to a study conducted by Gallup, “Burned-out [...]
As we are poised to welcome a new decade in just a few short months, what changes might we expect to see in the employee benefit space, or more specifically with medical cost trends? In a report published this summer titled, The Medical Cost Trend, Behind the Numbers 2020, PWC explains the upcoming shift [...]
Introducing the SHRM Employee Benefits Survey As we enter Q4 of 2019, we’ll take a brief look into how health and other benefits have changed over the past year. The Society for Human Resource Management (SHRM) conducts an annual Employee Benefits Survey, which delves into 250 different benefit offerings and how their prevalence has [...]
The advantage of an investment in employee health and wellness programs can get lost if employees don’t understand their benefits and the advantages for them personally. While most organizations have the best interest of their employees at heart, many struggle when it comes to communicating effectively and encouraging staff to prioritize their health. Enter [...]
Technology is present in almost every facet of life. From smartphones to smart homes, data and tech inform day-to-day decision making. So how will technology change the landscape of the employee benefits industry? The Developing Relationship Between Benefits and Tech If you can grocery shop through your fridge and deposit a check from the [...]
In the last few weeks, we’ve looked at the ins and outs of the many different benefit preferences and priorities of the varying generations in the workforce today (see our Generations Series articles). But it’s not always about the differences. It can be just as important to look at what they have in common. [...]
Who Are the Millennials? Loosely defined as individuals from age 23 to 38 as of 2019, Millennials are fundamentally different than older generations in terms of big life decisions made in young adulthood. Despite being of age and maturity to own homes and start families, many still choose to live at home with their [...]
You’ve heard of absenteeism: when employees regularly don’t show up to work. The business implications of absenteeism are typically easy to see. An employee is missing, so their work isn’t getting done. Ultimately the company’s bottom line is negatively affected. But have you properly weighed the impact of presenteeism on your work environment and [...]
We’re in the middle of a talent drought and a job opportunity downpour. The unemployment rate is at an impressive 18-year low, and as a result, unhappy employees feel confident seeking other opportunities, thus creating a serious turnover issue. While retention is a top priority for both employers and HR leaders, it can seem [...]
Forward-thinking companies realize that salaries just aren’t enough in today’s tight talent market. Winning the war for talent requires having the right benefit package, which is also key to driving loyalty, fostering productivity and reducing turnover rates. What type of benefit can help you accomplish all of this? While the market is full of [...]
