Out of Balance – Rising Medical Out-of-Pocket and Premium Expenses Outpacing Wage Increases

In a thriving economy, many businesses are better able to afford pay raises for employees. In turn, rising wages should allow our population to spend more, creating a ripple effect and further boosting the economy. Growing Out-of-Pocket Medical Expenses For some, however, these new earnings will go directly toward health care expenses. Why? Because even [...]

Out of Balance – Rising Medical Out-of-Pocket and Premium Expenses Outpacing Wage Increases2019-07-01T13:33:06+00:00

Whistle While You Work – The Relationship Between Employee Happiness and Productivity

Even in today’s booming economy and thriving job market, many employees still experience stressors that can impact productivity at work. And while this stress may not originate from the workplace itself, stress experienced within an employee’s personal life can directly impact their performance, focus, and sense of self-worth at work. According to a recent MetLife [...]

Whistle While You Work – The Relationship Between Employee Happiness and Productivity2019-07-10T14:18:21+00:00

The Blurring of Boundaries Between Work and Life

Technology improvements have completely altered the way that our workforce operates by making our work accessible from anywhere, any time. With this change sometimes comes increased expectations from employers, who hope to see their employees responsible for work matters 24/7. Risk of Burnout Rising expectations are often partnered with mounting stress as work creeps [...]

The Blurring of Boundaries Between Work and Life2019-06-26T14:00:14+00:00

Retaining the Generation X Workforce

Generation who? Haven’t you heard? Baby boomers are retiring in droves, Millennials are swarming the workforce and Gen Z is close behind! In the rush of managing different generations, you may overlook X. You can find plenty of articles and advice about how to recruit and retain other generations. But what about Generation X? [...]

Retaining the Generation X Workforce2019-06-06T19:21:55+00:00

5 Critical Statistics about Benefits and Employee Retention

There’s a reason for all that non-stop media coverage of the talent shortage issue and a candidate-driven market. Job opportunities abound as the unemployment rate reaches levels not seen for almost two decades. Because of this, employees feel confident seeking other opportunities, thus creating a serious turnover issue. Examining the reasons behind the issue [...]

5 Critical Statistics about Benefits and Employee Retention2019-04-24T16:14:13+00:00

The Importance of Offering Customization and Flexibility

In previous blog posts such as this and this, we’ve focused on the changing workplace environment, as well as the newfound challenges of hiring top talent, and how these factors are influencing decisions employers make about benefit offerings. This shift gives way to new opportunities for employers to get creative to attract and retain [...]

The Importance of Offering Customization and Flexibility2019-03-27T15:53:03+00:00

The Swing of the Health Benefits Pendulum

For decades, businesses have cut costs by reducing their health benefit plans, but the expansive job market in our growing economy is now threatening this flexibility. With bargaining power now in the hands of employees, our nation’s businesses are facing escalating turnover rates. The combination of these factors creates a conundrum for business owners [...]

The Swing of the Health Benefits Pendulum2019-03-13T16:14:35+00:00

Turnover Costs vs. Investment in Innovative Health Benefits

Almost 60% of companies saw retention as a top priority last year. Why? Because the turnover epidemic is real. With the unemployment rate at a 19-year low, job opportunities are up considerably, which means more places for employees to turn if they aren’t happy with their current company. This is leading to huge turnover [...]

Turnover Costs vs. Investment in Innovative Health Benefits2019-02-14T19:13:35+00:00

Competing for Talent? Win with Benefits

Once, employers could take an ‘everyone is replaceable’ approach to turnover, hiring and its costs. With unemployment at lows not seen in two decades,1 that no longer works. Employers face fierce competition for talent, and the costs associated with turnover can seriously affect the company bottom line. An uphill climb in a competitive talent [...]

Competing for Talent? Win with Benefits2019-02-14T19:14:35+00:00

Discovering The New Benefits Broker

Whether we like to admit it or not, the employee benefits landscape is changing, fast. The unemployment rate fell to 3.7% in September, the lowest level since December 1969.1 Add this to the ever-shrinking talent pool, and you get employees feeling confident enough to find opportunities elsewhere. These shifting conditions can feel shaky at [...]

Discovering The New Benefits Broker2019-01-23T17:19:53+00:00