Tag: benefits

Sabbaticals – A Solution to Burnout  

In today’s work environment, U.S. employees are experiencing increasing levels of stress and burnout due to longer workweeks, the labor shortage, the return of time-consuming commutes, increased responsibilities post-COVID and other similar issues that can impact mental and physical health. A recent report released by LLC.org ranked the top 30 “Most Stressful Cities to Work […]

Why Employee Wellness Should Be a Cornerstone of ESG Strategy

Environmental, social and governance (ESG) has become a cornerstone of corporate attitudes. Throughout the last decade, companies have ramped up their sustainability initiatives and concentrated on creating diverse and equitable teams. However, employee well-being tends to get overlooked. Following nearly three years of pandemic pandemonium, employees, companies, and investors view health as integral to the […]

Communicating SECURE Act 2.0 Retirement Changes to Your Workforce

A quick SECURE Act 2.0 summary is nearly impossible to give. Like the original 2019 SECURE Act, the goal of the update was to increase the number of companies offering retirement plans and to increase employees’ participation in those plans. While the original SECURE Act brought forth new changes, SECURE Act 2.0 far exceeds the […]

Back to Normal: Ending COVID-19 Tolling of COBRA Deadlines

Getting “back to normal” as the COVID-19 pandemic has eased has not been simple for anyone. In terms of plan administration, the continued tolling of employee benefit plan deadlines, including those related to continuation coverage under the Consolidated Omnibus Budget Reconciliation Act (COBRA), has kept plan administrators firmly planted in a “COVID-19 world,” even as […]

How Virtual Primary Care is Changing Healthcare

Just about all employers and brokers agree the health plan industry needs an overhaul. That’s one of the clear takeaways from Centivo’s late 2022 Employer & Broker Health Plan Trends Survey. Exactly how to make change happen, however, is where these groups somewhat disconnect: We found that far more employers are open to innovative ideas […]

HR Query: The Value of Offering Student Loan Repayment as a Benefit

Student loan borrowers are preparing to either resume payments or start making them for the first time since March 2020. Currently, federal student loan payments are scheduled to resume 60 days after June 30. That can change if the Supreme Court rules on President Joe Biden’s student debt forgiveness plan, in which case payments will […]

What Employers Can Do to Fight Back Against Banking Junk Fees

Everyone’s talking about junk fees these days. Even the president called them out in his State of the Union Address. One of the worst offenders is the banking industry, which makes money from overdraft, bounced check, and credit card fees. Junk fees cost your employees money and eat into their paychecks, but employers have a […]

The Rise of the 4-Day Workweek                                                      

The decade ahead will likely be known for innovations we haven’t even imagined yet. In the workplace, it may be known for the rise of a new way of scheduling employees: the 4-day workweek. As overwork has become a chronic issue, entire countries have started piloting and testing shorter workweeks. Between 2015 and 2019, Iceland […]

What the 32-Hour Workweek Can Mean for the United States

The 4-day workweek (32 hours at 8 hours/day x 4 days/week) recently has come back into major discussion. The latest brick in the wall is researchers at Boston College, think tank Autonomy, and Oxford and Cambridge Universities wrapping up the largest research study to put that question to the test, with 61 companies and 2,900 […]

Holistic Health Is Part of a Balanced Benefits Plan

As the pandemic (arguably) comes to a close, most teams have been left with heightened mental health issues. Anxiety is at an all-time high, more than 75% of the workforce reports experiencing burnout in their current job, and 81% of employees are looking to their employer to give them more robust mental and emotional health […]