Open enrollment is just around the corner and, according to The Guardian Workplace Benefits Study, 25 percent of employees believe choosing their benefits is a “guessing game.”
Most employees learn the bulk of the information about their benefits package at new hire orientation, and then rarely hear about it after that. Your employees can’t take advantage of benefits they don’t fully understand. Luckily, 51 percent of employees want more relevant advice about their benefits options, especially during the enrollment process. It’s easier to help that you might think.
8 ways to make employee benefits easier to understand
Make Labor Day meaningful for your employees. One of the top reasons employees leave their jobs is because they don’t feel their work is appreciated. Want to celebrate your team? Put yourself in their shoes.
“Engagement” is more than a buzzword. Investing in your employees encourages them to stay invested in you. Ten reasons engagement matters.
Is your 401(k) plan too complicated? Simplifying your retirement plan will make it more attractive to employees, and there’s behavioral research to back it up.
Your employees’ financial problems are your problems. According to a new CareerBuilder survey, 78 percent of workers are living paycheck-to-paycheck, and it’s affecting their quality of work.
What’s your company’s disaster preparedness plan? According to the U.S. Department of Homeland Security, 61 percent of small businesses have no disaster plan. Here’s why that needs to change.
Organizations with more female leaders perform better. They’re also more profitable and can signal a more inclusive culture that helps attract and retain talent. Support the women in your company.
Voluntary benefits are gaining momentum. An expanding range of voluntary benefits gives employers more flexibility and employees more options. Here are the trends heading into 2018.
Are your employees saving for retirement healthcare costs? When people estimate how much they need to save for retirement, they often forget to take healthcare expenses into account. Learn how you can help.
It’s time to think holistically about your benefits package. Employees are looking for employers that offer a “total rewards” package that supports the lifestyle they want to have today and in the future. Wondering where to start? Ask yourself these four questions.
Have something to add? Email info@bestmoneymoves.com.