Technology improvements have completely altered the way that our workforce operates, blending work and life, by making our work accessible from anywhere, any time. With this change sometimes comes increased expectations from employers, who hope to see their employees responsible for work matters 24/7. Risk of Burnout Rising expectations are often partnered with mounting [...]
Generation X Generation who? Haven’t you heard? Baby boomers are retiring in droves, Millennials are swarming the workforce and Gen Z is close behind! In the rush of managing different generations, you may overlook X. You can find plenty of articles and advice about how to recruit and retain other generations. But what about [...]
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 [...]
Employee Benefit News recently published an article that told accounts of people with chronic illness unable to afford routine prescriptions even with their health insurance. One story, in particular, mentioned a woman with diabetes who said this of her prescription coverage: “Honestly, I’m still paying as much as I was paying in school without [...]
The tight talent market is creating a huge challenge for employers. It’s becoming increasingly difficult for them to recruit the talent they want and hold onto the talent they need to succeed. In fact, 80% of employers find recruitment and retention to be the top objective for creating a benefits strategy. Let’s look at [...]
The healthcare industry is facing a nursing shortage. Just as recruitment and retention is a top priority for all employers, recruiting and retaining nurse staff in particular is a top priority for healthcare facilities. Today’s tight talent market is making recruitment and retention difficult, but it is not the only contributing factor to the [...]
Controlling benefit costs and attracting and retaining a competitive workforce remains the top two HR priorities. But addressing both of those objectives is difficult because one may negatively impact the other. It is important to find a balance between both objectives to steady the teetering seesaw. Control Benefit Costs Over the past decade, primary [...]
As the benefits industry has evolved, our terminology has struggled to keep up with it. This is especially true with group supplemental health insurance. While many still use supplemental health insurance as a blanket term, we aim to drill down a little deeper to clarify the different sub-categories and capabilities that supplemental health insurance [...]
Expense reimbursed insurance is a type of supplemental health insurance that is used for a variety of reasons, from expanding coverage to retention to tax-efficiency. What’s so great about this kind of supplemental insurance is that it has the flexibility to meet each company’s unique goals and challenges. Let’s look at a few scenarios [...]
Today’s tight talent market is greatly influencing benefits decisions. The U.S. unemployment rate is at 17-year low. That means there is less available talent and more open job opportunities that need to be filled. The competition for talent is fierce, and job-seekers have the upper hand with the knowledge that if they are unhappy [...]
