Topic: employee benefits

How to Select and Communicate Employee Benefits

Many employees spend less than 30 minutes reviewing their benefits at enrollment time, often because they do not understand their choices, or the benefits offered may not meet their needs. Employers need to invest time in selecting the right benefits options for employees and communicate benefits effectively. Here are four tips for success: 1. Offer … Read Full Article

2017 Trends for Employee Benefits

2017 Trends for Employee Benefits

With the start of 2017, many employers have introduced new employee health benefits. However, some employers roll them out mid-year. If you’re researching options for employee benefits, consider these trends as featured in U.S. News and World Report: 1. Expand physical wellness to overall well-being – For years, workplace wellness programs have encouraged employees to … Read Full Article

3 Emerging Trends in Wellness Programs

3 Emerging Trends in Wellness Programs

First introduced in businesses over 40 years ago, wellness programs have become important employee benefits. Currently, about 83 percent of large employers provide wellness choices to encourage employees to establish health goals and pursue active lifestyles. Early wellness programs focused on health screenings and educational services. But new trends are emerging as employers seek to … Read Full Article

benefits

3 Ways to Communicate the Value of Employee Benefits

Private sector businesses spend 31 percent of employee compensation budgets on benefits. However, many employees don’t appreciate or understand the value of the benefits plans provided. They believe compensation and benefits cost much less than the actual investment. Interestingly, many employees look at the quality of benefits when considering whether to stay with their current … Read Full Article

Happy waitress working at small business with employee benefits.

3 Ways Small Businesses Can Succeed With Employee Benefits

In the U.S., approximately 27 million small businesses employ over 60 million workers. Small business owners rely on employees to work with customers and keep operations running smoothly. However, finding and keeping great employees can be challenging. Providing benefits and perks enable businesses to recruit and retain top team members, and helps keep them healthy … Read Full Article

insurance benefits

5 Questions to Ask When Reviewing Health Benefits

It’s that time again: open enrollment season for employee benefits. Throughout the country, employees will be asked to sign up for benefits, modify plan coverage options or review new choices. Employees often are overwhelmed by the enrollment process and are uncertain which insurance benefits will provide the best coverage for their needs. Here are five … Read Full Article

broker relevancy

Brokers Remain Relevant: 4 Ways to Stay on Top

Changes in the health care industry have transformed employee benefits and challenged brokers to develop different relationships with employers. To stay relevant, brokers need to adapt to market trends by enhancing their business practices. Consider four strategies:   1. Invest in technology – Employees research and make benefits purchase decisions online. Brokers should be knowledgeable … Read Full Article

employee benefits

Dental and Vision Benefits Link to Employee Retention

Benefits are more important to employees than overall pay or compensation, according to a study by the Society for Human Resource Management (2015). This makes benefits an excellent retention tool for large and small employers. A Wells Fargo study revealed that 85 percent of benefits managers believe benefits have the most impact on employee loyalty … Read Full Article

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