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During COVID-19, workplace harassment has moved from the physical office into the virtual world, leaving employees vulnerable to uninvited and unwanted attacks on Zoom and Slack.
Pre-pandemic SHRM research found that 1 in 4 American workers dread going to work during. A toxic work environment not only impacts employee well-being, but a company’s bottom line: U.S. companies lost $223 billion over a five-period due to culture-caused turnover, according to SHRM estimates.
Evelina Nedlund is an associate editor of Employee Benefit News and Employee Benefit Adviser. She can be contacted via email at evelina.nedlund@arizent.com.
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The U.S. fell three spots to 24th in a global retirement ranking, highlighting growing pressure on employers to help workers save and plan for rising costs.
Flexible benefits and a caring culture that recognize the double squeeze of child care and eldercare responsibilities on a culture will help retain sandwich-generation talent.
Reducing healthcare benefits can provide immediate savings, but it could also stunt retention and recruiting efforts.
Increasing leave in the U.S. and Canada aligns with the company’s focus on retention and internal promotion, said the head of people and culture for Lush North America.
Organizations are seeing more demand for mental health and substance use services. New approaches aim to make care easier to access before employees reach a crisis.
