Tight Employee Benefit Budget? Prioritize Comprehensive Financial Support
Many benefits leaders are sharing the same reality right now: employee benefit budgets are tightening, economic uncertainty is high, and there’s organizational pressure to demonstrate clear, measurable ROI from every dollar spent. That’s why it’s critical to address one of the biggest drivers of poor outcomes across the board: financial illness. It causes employees to […]
How to Lower Your Healthcare Costs By Helping Financially Sick Employees
If you’re like most benefits leaders who responded to Aon’s 2024 Health Survey, your top priority in 2024 has been managing healthcare costs, followed by investing in benefits that attract and retain employees, and support workforce health and wellbeing. Despite the inherent difficulty in that balancing act, it will soon become more challenging. Over the next […]
The 2 Sneaky Ways Biased Business Models Hurt Employees
As a benefits leader, you’re in the business of expecting the best from people. But, as the saying goes: Expect the best, and prepare for the worst. During benefits buying season, that means getting prepared for the rock would-be point solutions vendors don’t want you to look under: where they have conflicts of interest with […]
Do You Have a Dangerously Outdated Employee Benefits Strategy?
The paradigm shift is already here: Inflation, rising interest rates, and a possible recession. For employers, these require decisive action to ensure that employee benefits remain competitive, relevant–and delivering ROI. In fact, 95% of business and HR leaders who responded to The Future of Benefits Report 2023 are recalibrating their benefits strategy this year. What’s […]
These 4 Trends Will Define the Future of Employee Benefits
Note: This post originally published in Fast Company on January 4, 2023. As record inflation continues, evictions pile up, healthcare costs continue to rise, layoffs hit the tech and other industries hard, and the pause on student loan repayment is about to expire, many Americans are struggling financially. As many as seven in 10 may […]
