Asking Employees What They Really Think About Benefits
By Ruth Berkowitz, VP at Liazon Corporation
Tag: benefits
Health Spending Accounts Are Underutilized by Millennial Employees
Millennial employees—18 to 34 years old—selected high deductible healthcare plans more than any other age group. However, while approximately 44% of employees in this group chose HDHPs, a much smaller number of these employees took full advantage of health savings accounts (HSAs), according to Benefitfocus inaugural “State of Employee Benefits 2016” report.
Addressing the Retirement Needs of Millennials
It won’t come as a surprise to anyone in employee benefits to hear that people in different generations listen and respond to messaging in different ways. Generational differences show themselves in many aspects of our lives, financial, social, or otherwise.
Controlling Costs Not Only Goal of Employee Health Benefits
Contrary to commonly-held beliefs, the focus for chief financial officers (CFOs) goes far beyond controlling costs when it comes to health benefits, according to a new survey that finds that as partners in making health benefits decisions, CFOs do not focus single-mindedly on financials.
Men More Likely to Say Family Issues Disrupt Their Work
Contrary to popular belief, work-life balance and work flexibility issues aren’t primarily women’s issues. In fact, for certain benefits, it is men who use them more frequently and are more likely to say that their work is interrupted for personal or family reasons, according to results of a new survey.
Ask the Expert: Does Change to Part Time End Employee’s Benefits?
We have a question about part time employee benefits. If we have employees who change from full-time status to part time, they may not have enough payroll to cover their benefit cost. If they don’t have enough payroll and we can’t take the payroll deduction, are they still eligible for benefits?
Midsized Businesses Most Concerned about Government Regulation
A new ADP® study reveals that middle market employers’ concerns about government regulations have grown dramatically, superseding their concerns about the Affordable Care Act (ACA) and health care costs for the first time since the study’s inception in 2012.
Benefits: Differing Needs, Desires of Youngest and Oldest Workers
Just how important are benefits to your employees? How much responsibility do you, as an employer, have for providing benefits?
Want Better Talent? Start with Better Benefits
By Tariq Hilaly, CEO of Lumity Job seekers aren’t the only ones struggling with the job market. Businesses have to work harder than ever to acquire and retain the top-tier talent they want in their ranks—and with health benefits becoming more important to potential employees, businesses need to step up their health plan offerings to […]
Wellness Rewards Employers with Increased Productivity, Engagement
Employers that establish a defined workplace culture of wellness can achieve widespread positive impact on the health and productivity of their employees while increasing engagement in company mission and goals, according to a study released by Humana Inc. and The Economist Intelligence Unit (EIU).