In this week’s Best Money Moves roundup, we take a look at news stories and new research studies that may impact employee benefits and HR issues. We hope you find this news roundup helpful, and we’d love your feedback.

In the wake of Hurricane Harvey, it’s time to examine your company’s disaster preparedness plan.

Those affected by Hurricane Harvey – and those anticipating the effects of Hurricane Irma – continue to be in our thoughts and prayers. If you’re in a position to help, we hope you’ll consider donating to the American Red Cross or another organization providing assistance to those beginning to recover.

It’s critical for businesses to have a plan for responding to natural disasters. From figuring out how to handle power outages and transportation challenges to purchasing the right insurance coverage, getting a head start before a storm could mean the difference between successful crisis management and shutting your doors. Employees need to know they can trust their employers to protect their health, safety and jobs should the worst occur.  

Think you have all your bases covered? Take a look at this disaster preparedness checklist.

One of the biggest sources of financial stress is healthcare. Open enrollment season is right around the corner, and it’s time to start thinking about how you can guide your employees through the process. Expect these three issues to come up.

Employee burnout can be disastrous. In fact, 20 to 50 percent of employee turnover is due to burnout, according to a 2017 Workplace Trends study. Protect your team.

What keeps good employees from jumping ship? “Job satisfaction” and “company environment” are two of the core factors that motivate workers to stick with your organization. Here are some tips for keeping folks engaged.

Is your company a “millennial magnet?” Those cliché millennial perks – like office kegs and ping pong tables – can be fun, but they aren’t always the most appealing to young workers. Choose benefits that really matter.

Casinos could help your company win big. While gambling at work isn’t the answer, casinos are known for maximizing customer satisfaction, and your company could boost employee satisfaction with some of the same principles. Learn how.

How well do you know your employees? Getting to know your employees on a personal level can improve morale and directly benefit your business. Recognize the “human” in human resources.

Employer wellness programs are popular, and it’s no surprise. Healthy, happy employees are typically more productive than unhealthy employees. What do your employees want?

What could your company learn from Airbnb? Airbnb’s focus on creating a strong employee experience ranked them sixth on the Employee Experience Index. Learn these three principles.

Millennials are now the largest generation of workers in the U.S. Not only are nine out of 10 saving for retirement, they’re seeking out employers who offer benefits that align with their values. Here’s what millennials think about retirement, work and money.

 

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