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Employer clients should consider adopting voluntary benefits — such as automated savings programs and employee purchase programs — to help employees better manage expenses.
Employers should consider adopting voluntary benefits — such as automated savings programs and employee purchase programs — to help employees better manage expenses.
Benefit advisers have a definite role in helping employers take steps toward building a more financially-secure workforce.
Education offerings, student debt repayment programs and helping employees with short-term money issues will be big employer priorities this year.
Identity theft insurance, financial counseling services, tuition assistance, elder care and egg freezing all are benefits that will continue to rise in popularity, predicts Purchasing Power’s Elizabeth Halkos.
Commentary: Voluntary benefits have transitioned in recent years from being something extra to becoming a mainstay in the employee benefits package. Elizabeth Halkos predicts employers will see widespread customization of voluntary benefits in 2016.
Tailoring a voluntary benefits plan to better suit the very different needs of workers with entirely different generational goals and objectives can be challenging, but the payoff is better participation.
Employees just arent using their vacation days and its taking a toll…on their health, their work-life balance and, ultimately, affecting the companys bottom line. Using vacation or paid-time off allows workers to recharge both physically and mentally.