How Prudential used benefits to reduce workers’ financial stress
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.
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.
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.
By solving for the drivers of stress and overload, as well as supporting workers’ in daily areas like nutrition, employers can encourage a reversal of this damaging trend.