Voya Financial designs digital HSA tool to keep employees from depleting retirement savings
The majority of U.S. workers do not have enough savings to help them in the event of a medical emergency and often turn to their retirement funds for help.
The majority of U.S. workers do not have enough savings to help them in the event of a medical emergency and often turn to their retirement funds for help.
Employee Assistance Programs can be effective tools in engaging and helping employees improve their mental health, but are offered by just 32% of organizations.
AllVoices, a platform for employees to report workplace issues, has seen an increase in demand as a result of the coronavirus pandemic.
For a veterinarian, the emotional aspects and financial strain of their profession can have a lasting impact on their mental health.
As businesses downsize due to the coronavirus pandemic, employers want to provide workers with alternative health and well-being benefits.
One in five people will experience a mental illness within a given year, according to the Centers for Disease Control and Prevention. However, 70% never seek treatment.
Before COVID-19 kept everyone still, these key executives made some strategic moves within the benefits space.
“Inclusion programs for the low vision community are critical, though these programs are being challenged by the impact of COVID-19,” says Robert Vaters, CEO of eSight.
Now, more than ever, employers need to be prioritizing benefits to fit the needs of these employees.
Implemented in early April the benefit is available to all of Microsoft's global employees, including hourly and salaried workers.
A new collaboration between WINFertility and Dadi helps male employees to get the right fertility testing, information and support.
PwC has offered employees an emergency child care benefit in the wake of the coronavirus pandemic.
“About half of employees at large companies won’t have the income protection afforded by disability insurance,” says Brian Gifford, director of research and analytics for IBI.
A CEO’s vision for a company can be a rallying cry within the organization, but when they leave it can rock company culture.
Contract workers play a significant role in the U.S. economy, but they aren’t afforded the same benefits as full-time employees.
“It’s an unfortunate part of the traditional law firm model that you are penalized if you back off the throttle — an absolute necessity when you have a child,” one lawyer says.
“This student loan repayment benefit has the potential to mobilize American businesses both large and small to dramatically reduce the overall amount of student debt,” says Tuition.io CEO Scott Thompson.
The employer is also expanding the use of sick time to include caregiving related to COVID-19.
As social distancing becomes the norm, employees are looking for ways to care for loved ones.
The global number of COVID-19 cases continues to soar, as governments restrict gatherings, seek military aid and authorize lockdowns.