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Gig and contingent workers have seen a boom in demand due to the pandemic, yet are still not treated equally to their full-time counterparts, especially when it comes to benefits.
Gig workers made up 33% of the workforce in 2020, according to daVinci Payments, a payments firm. The average income for gig workers was $17,445 and 70% of those under 35 do not have access to benefits, according to Prudential.
K. Jared Wright is a Summer Reporting Associate with Employee Benefit News. Send pitches to Jared.Wright@arizent.com.
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As healthcare expenses approach double-digit increases, employers are looking for savings in waste, care delivery, and plan administration before cutting benefits.
Employees say cost, complexity and relevance are getting in the way of benefits value, according to Prudential's latest research, which outlines what that means for employers.
Transamerica Institute finds more middle-class workers expect to fund retirement through 401(k)s and other savings, but financial pressures could derail those plans.
While there has been a lot of state and federal headway in leave expansion, qualifying employees are still facing steep costs.
At parent support company Haven, CEO Britt Riley offers benefits that make employees feel taken care of.
