A lot of our employees did drop or decided to take the cheaper versions of our plan. THose that dropped out of our plan to purse the "cheaper" versions offered in the promotions that constantly bombard them out the work place, were suprised at how much more they had to pay monthly and for fewer benefits than joining our group plan.
Employees are putting off major life decisions like buying a house and expanding their family as daily financial challenges grow.
If benefits aren't showing up in exit interviews, don't assume they're not a factor – assume you're not asking the right questions.
As healthcare costs continue climbing, employers are exploring new funding models, cost-containment strategies, and benefits approaches to better manage spending.
What larger retirement plan sponsors stand to gain and give up in a pooled employer plan created under the SECURE Act of 2019.
From flexibility to promotions to pet insurance, personalized perks and performance recognition incentivize top employees to give their best at work.
Employees managing these conditions lead to high overtime, an average of 10 missed a year and rising stress and depression levels.
