In life, we need to expect the unexpected. One could argue that this is an apt description for voluntary benefits, which were long viewed by brokers and employers as a labor-intensive afterthought. Individually underwritten policies like accident, critical illness, hospital indemnity, identity theft, pet protection and numerous other coverages offered through payroll deduction weren’t seen as strategic...
Extreme heat creates many risks in construction. As an employee in this industry, not only should you be aware of illnesses caused by the heat, but you also need to be mindful of how high temperatures can cause physical and mental impairments that can lead to falls and know how to prevent this hazard. How...
Work environments can significantly impact the mental health of employees. In fact, research by the American Psychological Association found that 2 in 5 employees report that work negatively affects their mental health. Workers’ poor mental health can, in turn, negatively impact employee communication, performance, morale and productivity. According to a recent report by Mental Health...
Health care costs are expected to grow 7% in 2024 due to rising pharmaceutical expenses driven by specialty drugs and insurers increasing rates in response to inflation, according to an annual report from professional services firm PricewaterhouseCoopers (PwC). This trend is higher than 2022’s and 2023’s projected medical cost rates, which were 5.5% and 6%,...
Wildfires in Canada continue to create poor air quality conditions throughout the United States. As of June 7, 2023, air quality advisories are in effect for nearly 110 million Americans in parts of 18 states from New Hampshire to South Carolina. The air quality is currently considered “unhealthy” for millions of Americans, and as a...
Amid Mental Health Awareness Month, the U.S. Department of Labor (DOL) launched its Mental Health at Work initiative to address mental health within the workplace and introduce resources for employees and employers alike. The DOL’s initiative aims to advance mental wellness in the workplace through the following strategies: The DOL explains that high-quality jobs provide safe workplaces,...
Employee mental health has become a workplace topic of increased focus and awareness in recent years. An employee’s mental health includes how they think, feel and act, and their emotional and social well-being. While mental health includes mental illness, these two concepts aren’t interchangeable. For example, an employee can go through a period of poor...
While springtime is often associated with cleaning and resetting one’s personal space, these principles can be applied to the workplace, too — and that doesn’t just mean reorganizing your desk. According to Kaiser Family Foundation, symptoms of depression and anxiety have continued to increase three years into the pandemic. In fact, 90% of U.S. adults believe the...
What does inflation have to do with healthcare? As far as consumers are concerned, just about everything. The cost of healthcare is not immune to historic levels of inflation: A recent report by WTW predicts that global healthcare benefit costs will jump 10% in 2023. Coupled with rising consumer prices, and unaffordable healthcare can have troubling and swift...
When a list of benefits stands alone on a job posting, it can sound like standard issue workplace jargon. That’s why more employers are advertising their company culture as a way to set themselves apart. By intertwining the two, companies can create a more compelling presentation and entice talent. According to a survey of 2,000 workers by...