Every year, health insurance companies inform state officials of their expected cost changes and propose new prices for plans that comply with the Affordable Care Act regulations. A report from KFF, an independent source for health policy research, focuses specifically on plans for small businesses, typically those with 50 or fewer employees. These plans can...
A recent survey from Gallagher, a global insurance brokerage, risk management and consulting firm, found that nearly one-third of employers are expected to expand voluntary benefit offerings by 2027. The survey demonstrates the significance of voluntary benefits in modern benefits packages, with over two-thirds (70%) saying they are driven to offer these perks to ensure...
In today’s competitive labor market, offering the right benefits package can make all the difference in attracting and retaining top talent. While employers often focus on benchmarking against industry standards or following trends, one of the most effective tools for building meaningful benefits programs is something much closer to home: employee feedback. Why Employee Feedback...
In today’s labor market, offering a robust benefits package is essential for employee attraction, retention and well-being. The rise of voluntary benefits to supplement mainstays such as health insurance, 401(k) and leave has resulted in more than 150 available options on the market for employers to consider. As such, it can be daunting for employers...
In today’s labor market, offering a robust benefits package is essential for talent attraction and retention and employee well-being. The rise of voluntary benefits to supplement mainstays such as health insurance, 401(k) and leave has resulted in more than 150 available options on the market for employers to consider. As such, it can be daunting...
Former President Donald Trump has won a second presidential term. Employers can expect a number of changes to employee benefits under the Trump administration. Although the specific policy objectives that are enacted remain to be seen, employers may look to the campaign policies that President-elect Trump ran as well as the initiatives that Trump took...
Open enrollment is a critical time for employees. It’s when employees make important decisions about their health care, retirement and other benefits that will affect them for the rest of the year. However, confusion about benefits is a widespread issue among employees of all generations; in fact, a recent survey by Business Solver found that...
Voluntary benefits, such as vision, dental and life insurance, are additional benefit options offered by an employer. Unlike traditional benefits like health coverage, employees are responsible for paying for most or all of these voluntary options. Advantages of these benefits include: Contact us if you have questions about available voluntary benefits. Article Published By: Zywave,...
The job market remains highly competitive as employers work to attract and retain today’s top talent. With the 2025 open enrollment season around the corner, employers have an opportunity to develop attractive benefits offerings and proactively communicate with employees to win them over. Early preparation can help show employees they are valued, convince top performers...