What employee benefits can you expect to see make the biggest impact in 2023? Listen to the podcast now.
The world is so different today than it was just a week ago. COVID-19 (Coronavirus) is sweeping through our nation and across our world. Uncertainty is at an all-time high, and we’re experiencing a complete disruption of life as we know it.
More than 156 million full-time workers in the U.S. spend most of their daily waking hours in the workplace. The importance of this statistic does not come as a surprise to anyone, as over half of all employers in the United States have some type of employee wellbeing or health-promoting program to ensure they are addressing the work-life needs of current and prospective employees.
The uptick in interest for client financial wellbeing programs has grown exponentially over the last couple of years. We’re so fortunate to work with forward-thinking client groups looking for help bringing this important pillar of the wellbeing spectrum to the foreground.
Imagine taking one hour out of your employees' day every month and dedicating it to benefits education. This may seem like a big task when there are so many other things that are considered a higher priority. But, when benefits education isn't a point of focus in the workplace, it's very likely that it's not being focused on at all.
For decades, employers and benefit managers have thought of wellbeing programs as one-dimensional, with the focus on physical health only, by offering benefits like on-site fitness centers, gym discounts or a health program that encourages more movement.
Business owners, HR leaders, and team managers – listen up. Your employees are totally stressed out.
In this ultra-competitive recruitment and hiring environment, retaining current employees is a critical component of firm success. Not only is a low turnover rate good for the bottom line, but it also means you are creating and building upon a firm foundation for the future.
Employers, sit up and take note: the strict nine-to-five workday schedule is becoming outdated, and for good reason. Too many hours spent in the office could be causing your employees chronic stress, poor health habits, and low job satisfaction.
Two things get me very excited -- Interesting content about employee behavior and a really good infographic. When someone nails both in one swoop, I consider it good enough to share. Here’s why I find this gem relevant to our friends and readers. To understand the types of competitive employee benefit packages that are going to create the best level of satisfaction and loyalty for your company, you need to understand who your employees are, and what is important to them.
The majority of employers create and manage an employee benefits program in order to attract and retain top talent. While comparing its peers or other benchmarks, an employer typically builds a competitive and robust benefits program to entice prospective employees and perhaps offers quality medical and dental insurance, a matching 401(k) plan, life and disability insurance plans, wellness benefits, and other miscellaneous perks. But some of these employers might be missing a great opportunity to utilize employee benefit design and communication to improve its culture, employee engagement, loyalty, and ultimately, its brand.
We ask that all employees at Grooms Benefit Solutions contribute ideas to our Insights blog. Everyone here has a voice, and we love that.