Many employers spend a lot of time focusing on healthcare costs, pharmacy benefits, and retirement plans while not putting as much strategic thought into their paid leave programs. Yet changing employee expectations and evolving legislation are turning paid leave into an increasingly important part of a competitive benefits strategy. Roughly half of U.S. workers who quit a job in 2021 cited childcare issues, a…
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Protecting your personal information is critical to preventing identity theft. That may sound simple in theory, but the reality is that safeguarding your personal data in an ever-evolving digital landscape is rather complex. The rise of artificial intelligence (AI) has created a sophisticated cyber threat landscape. Deepfake technology and social engineering tactics allow cybercriminals to launch personalized attacks that look and feel credible. Determining whether a message is legitimate or a scam has become…
Read MoreFor years, employers have taken a blanket approach to health coverage—renew each year, review rates, and make incremental adjustments. But in today’s fragmented and fast-changing healthcare environment, that strategy simply isn’t enough. Medical costs continue to rise. Chronic conditions are more prevalent. Risk is becoming harder to predict. Still, many…
Read MorePharmacy is one of the biggest drivers of employer healthcare costs today. It is also one of the most complex. What used to be a relatively predictable aspect of health spending has evolved into a rapidly shifting landscape, accelerated by rising specialty and high-cost drug utilization, opaque pharmacy benefit manager (PBM) contracts and rebate…
Read MoreIn today’s ever-changing world, preparing for work-related travel involves much more than booking flights and hotels. The international travel risk landscape is constantly evolving. The growing threats of geopolitical unrest, terrorism, and health and environmental emergencies create significant risk that can jeopardize employee safety and disrupt business operations. Organizations have a legal and moral responsibility to protect their employees’ physical and mental health wherever they conduct…
Read MoreThe workforce is constantly evolving, and so are employees’ needs and expectations, especially when it comes to their benefits. A one-size-fits-all approach is no longer enough. Today’s employees want benefits that make a real difference in their lives. One way to deliver true value is through family building support. An increasing number of employers are recognizing the importance of comprehensive family planning and fertility benefits.…
Read MoreWhen employee benefits costs keep climbing, it’s hard for employers to feel in control. Rising medical costs, more high-cost claims, and the growing use of specialty drugs gene therapies all hit the bottom line, leaving many employers feeling like they are just watching the numbers go up. But employers don’t have to sit back while the costs…
Read MoreEmployee benefits have become a key part of the hiring and retention of employees in today’s hiring market. There is increased stress on compensation as demand for higher salaries and pay rates come from potential hires and the existing workforce. An employer’s willingness to put the time and effort into…
Read MoreToday’s headlines are filled with talk about inflation and rising prices. Although the recent Consumer Price Index reporting has showed a slight curve in trend, businesses will continue to deal with the balancing act of absorbing cost increases while retaining employees. The cost of labor and benefits continues to rise,…
Read MoreFor years, employee benefits were designed with a broad workforce in mind. But broad is no longer enough. Today’s workforce is more diverse, more dynamic and more vocal about what support really looks like. Employees want benefits that reflect real life, not generic offerings that overlook the needs shaping their…
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