In addition to traditional core benefits like health insurance and retirement plans, voluntary benefits play a crucial role in meeting employees’ specific needs and enhancing their overall well-being. Voluntary benefits allow employees to customize their benefits package based on their individual circumstances, providing them with additional financial security, healthcare support, and peace of mind. In […]
Author: Michael Rubenstein
How Benefits Can Help With Hiring and Retaining Top Employees
In today’s competitive job market, attracting and retaining top talent has become increasingly challenging for businesses. Companies are constantly looking for effective strategies to differentiate themselves and create a compelling value proposition for prospective employees. One critical aspect that plays a significant role in attracting and retaining top talent is the employee benefits package. In […]
Embracing Minimum Essential Coverage (MEC) Plans: A Paradigm Shift in Employee Benefits
In the realm of health coverage, there is a growing trend of employers moving away from traditional comprehensive medical plans and opting for Minimum Essential Coverage (MEC) plans. This shift is driven by several factors, including rising healthcare costs, regulatory requirements, and the need for greater flexibility. In this blog post, we will explore the […]
Prioritizing Mental Health Awareness: The Power of Teladoc’s Mental Health Coverage for Employers
In today’s fast-paced and demanding work environment, prioritizing mental health has become more important than ever. As an employer, taking proactive steps to support your employees’ well-being not only enhances their overall satisfaction and productivity but also contributes to a positive and inclusive work culture. In this blog post, we will delve into the significance […]
In uncertain times, flexibility of HRAs help employers maintain benefits
Companies across the country are reeling in the wake of the COVID-19 outbreak — a tragedy that has claimed lives and turned life upside down. To mediate the financial loss and brace for further instability, many employers are looking to tighten their financial belts when it comes to benefits. Under normal circumstances, the familiarity of […]
New Voya initiative helps employers navigate the complex leave landscape
Voya Financial’s employee benefits business has started a new leave management offering that aims to deliver employers a fully integrated service that makes the process of managing paid time off for their workforce easier, while also providing their employees with a high-touch, proactive service experience. “The leave landscape has always been relatively complex for our […]
Employers struggle to balance helping employees and their bottom line
As if managing ever-increasing benefits costs while creating a competitive benefits package and producing an effective annual enrollment isn’t a big enough task for most employers, here comes the coronavirus with a whole new set of challenges. How can you continue to protect your most valuable resource — your employees — if your business is […]
Strategies for addressing common workplace complaints
Managing their company’s public reputation while meeting the needs of their employees is a critical function for HR executives. The number one complaint from employees on the page of the worst-rated company on Glassdoor in 2018 was a lack of work-life balance. You can imagine how this can damage a company’s reputation, and with it […]
To restart business, protect workers
States that are reopening their economies even as cases of COVID-19 are still rising are threatening their own residents and the whole country. But they are also running into two challenges that all states will face: Employees don’t want to return to work if they fear exposure to coronavirus on the job, and employers don’t […]
What employers can learn from the essential workforce
Essential employees are fearful of contracting COVID-19 while at work, so why would nonessential workers consider returning to the office? It’s a question that employers need to be addressing to ensure the safety of their workforce, according to a recent employer survey by Mercer. The pandemic has hit industries like retail and wholesale, manufacturing and […]