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Up and Away – Healthcare Costs Are Taking Off
Posted: May 16, 2023
Healthcare costs, and consequently employee health benefit costs, have been growing at an alarming rate in recent years. The U.S. as a nation spends more on health care than any other developed country but has worse health outcomes. How is this possible? Four Key Factors Driving U.S. Healthcare Costs: Aging Population Healthcare gets more expensive […]
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Volunteering and It’s Surprising Mental Health Benefits
Posted: May 9, 2023
Volunteers make an immeasurable difference in people’s lives and often serve with the intention of helping others. But, did you know that volunteering can benefit your mental health as well? While it’s true that the more you volunteer, the more benefits you’ll experience, volunteering doesn’t have to involve a long-term commitment or take a huge […]
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Burnout: Biggest Threat to Employee Engagement
Posted: May 1, 2023
The biggest challenge to employee engagement is burnout, according to the more than 400 respondents to the HR Exchange Network State of HR survey. Burnout, with 23% of the vote, was the top concern for motivating employees. WHAT IS BURNOUT? Burnout is a psychological syndrome emerging as a prolonged response to chronic interpersonal stressors on the […]
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5 Questions about the Future of Work
Posted: April 25, 2023
The future of work is here. First, advances in technology are changing the way people work and require additional training. Second, employees have different expectations of employers and that is influencing leadership, policies, and the type of work people do. Let’s not forget the decisions regarding remote work, hybrid work, and all in-person work. So, […]
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Employee Benefit Trends: What is a Lifestyle Spending Account?
Posted: April 18, 2023
A Lifestyle Spending Account (LSA) offers employers an opportunity to help fund health and wellness costs that a traditional group health plan won’t cover. LSAs are often used as perks to attract and retain quality employees and could be a desirable piece of the employee benefits puzzle. What Is a Lifestyle Spending Account? A Lifestyle […]