Benefits Think

Right now, access to affordable credit is crucial for many, as 1 in 5 American households has lost income due to the pandemic, and unemployment offices are overwhelmed with claims.

The lack of seamless plan-to-plan asset portability prevents participants from easily moving and consolidating their 401(k) savings, leaving them open to the temptation to prematurely cash out their 401(k) accounts from prior employers’ plans.

Companies who had already adapted to a culture of digital innovation technology have proven more successful during this sudden and dramatic shift.

Lack of work-life balance, being micromanaged, and a lack of social support are some of the top issues employees complain about on AllVoices, a platform that provides real-time feedback with company leadership.

The impact of COVID-19 on the workforce and business has only reinforced the importance of leave policies and the value of protection offered through disability insurance.

Finding ways to work with and embrace different communication styles can help make certain everyone feels like they have a voice at the table.

Those who are bereaved need comfort from each other and extra effort needs to be made to reach out and encourage employees to take advantage of their EAPs.

Now more than ever, employees need options for meeting their short-term financial needs without compromising their long-term finances.

Managers and leaders should plan monthly reintegration-related check-ins to determine whether everyone is on the same page about returning to work.

Getting back to work requires thoughtful planning to ease employee fears and optimize mental and physical health.