We are now nearly a decade into tech’s boom across the globe, and there are no definitive signs of a slowdown. While the winners in the space continue to hurdle toward dominance, we’re seeing them come under pressure for everything from privacy concerns to working conditions and even election meddling.
Tag: Employee Benefits
Employers looking to differentiate their benefit offerings are often searching for the latest trends in benefits for employees. One such trend is to offer telemedicine as a component of an overall healthcare benefit package.
It’s long been known that U.S. workers take fewer vacation days than their international counterparts. Fewer vacation days are typically offered by U.S. employers, and of those offered, many go unused. There are many reasons for this, not the least of which is the U.S. work culture in which employees often fear falling behind or […]
It’s been in the news frequently enough that most of us are at least vaguely aware that healthcare costs have been rising over the last several years. Anyone paying for health insurance is certainly more than vaguely aware of this. While employees are seeing higher deductibles and more expensive premiums, the impact on businesses is […]
The Pension Benefit Guaranty Corp. (PBGC) will be changing its reportable events filings to include controlled-group information, company financial statements, and defined benefit (DB) plans’ actuarial valuation reports, adding more detail to five plan or employer events already reportable to the agency that rescues failed pensions.
Managing a multigenerational workforce is no easy feat for today’s Human Resources (HR) departments. While Boomers set sail into retirement, bright-eyed Millennials crop up in their place, bringing with them wildly different experiences and expectations that challenge the meaning of “workplace benefits” as HR currently knows it to be.
Today, more employers than ever offer their employees a consumer-driven health plan with a health savings account (HSA) as part of their benefits package. And to help build employee adoption and engagement, HR managers are constantly challenged to come up with educational tactics.
According to a recent study, 27% of U.S. travelers are planning to volunteer on a trip this year. Volunteerism, thankfully, is becoming a stronger trend, and in the case of potential employees in the Millennial generation, who, as a group, highly value volunteerism, it’s important to recognize this need in a benefits program. In fact, companies […]
Human resource professionals need to consider company characteristics when offering benefits consultancy to clients.
Employers face two important challenges with their benefit programs: meeting employee demands for personalized coverage and continuing to manage costs. This year, employers are exploring some innovative approaches to achieving both goals. Many of these changes also serve to drive consumerism and healthier behaviors—leading to both short- and long-term wins for employers and employees.