Employee Benefits

The article discusses options for employers facing high health insurance renewal rates in 2022. The recommended option is to consider switching to a self-insured plan, which can offer more flexibility and control over healthcare costs, but also involves more risk for the employer.

October 28, 2021

There are a great variety of benefit offerings and perks that employers can utilize to promote mental health beyond employee assistance programs.

May 18, 2023

Employers are leaning into enhanced employee benefits packages, which makes additional creativity in those offerings necessary in order to stand out from the competition.

May 16, 2023

Employee turnover can pose a significant expense for your business, costing you nearly 20% of the annual salary for a mid range position.

September 13, 2021

The article discusses strategies that employers can use to design benefit plans that attract and retain diverse talent. These strategies include offering a range of benefit options that meet the needs of different groups, providing education and support around benefits, and creating a culture that values diversity and inclusion.

May 21, 2021

The article discusses ways that employers can show appreciation for their employees year-round. These include providing flexible work arrangements, recognizing employee achievements and milestones, offering career development opportunities, providing regular feedback and support, and creating a positive work environment.

March 3, 2022

The article discusses seven simple changes that employers can make to their employee benefits programs to increase their value in 2023. These changes include offering a wider range of benefits, providing personalized guidance and decision support tools, improving communication and education around benefits, and implementing wellness programs and other initiatives that promote employee health and well-being.

February 16, 2023

In a recent editorial for Forbes, SBI CEO Mike Hoffman outlined five best practices for C-suite leaders looking to enhance company culture while recruiting and retaining talent.

December 20, 2022

In recent years, voluntary benefits have become an increasingly important part of employee benefits packages–and for good reason.

December 16, 2022

The article features a conversation between Marty Traynor, Senior Vice President of Sales at Employer Advantage Healthcare Solutions, and Kari Beam, the founder of Boldly Coaching, an executive coaching and leadership development company. They discuss strategies for employee engagement and motivation, the importance of creating a positive work environment, and the role of leadership in supporting employee well-being and success.

May 24, 2022

According to new data from the U.S. Census Bureau, working from home for some portion of the week has become the new normal for a large segment of Californians.

February 21, 2023

With homeownership increasingly becoming out of reach for many Americans, some employers are helping bridge that gap and building significant employee loyalty in turn.

May 24, 2023

Both childcare and senior care are climbing the ranks of 'must have' employee benefits for the current and next generations of workers.

May 11, 2023

Employees may be able to increase their effective salaries by 30% by more effectively utilizing their employee benefits offerings.

June 8, 2023

To manage insurance and benefit costs, employers often structure their benefits plans to differentiate

The average employee benefits package is worth $15K if you are single, and $25K if you are covering a family. It represents a large percentage of your compensation and ranges greatly by employer. To properly value your current benefits package or for a new job, compare it with industry standards, calculate its monetary value, and assess how well it meets your personal needs. Mployer provides online, easy-to-use tools for employees and employers to do just that as well as information to help you better understand how it all works together.

Erroneous data can be linked directly to a number of obstacles that employees have encountered when attempting to utilize their benefits.

May 15, 2023

The average number of days of PTO offered by US companies for bereavement leave is 5 days, although trends indicate that number is likely to grow.

January 4, 2024

Hedge funds, investment banks, and other major financial players aren't the only employers that are offering these kinds of increasingly popular college-admissions-related benefits and perks anymore.

September 15, 2023

Estate planning is becoming an increasingly popular employee benefit offering with both a rising number of companies including these kinds of services among their benefits packages and a growing number of employees taking advantage of the opportunity. 

September 22, 2023

Both employees and their employers may be better served by compensation packages that are weighted more toward benefits over salary increases.

October 16, 2023

President Biden's newly released budget contains provisions that would expand leave access to US employees and improve upon childcare and early education programs.

The benefits and perks that are most attractive in a competitive talent market aren't the only employee benefits necessary to round out a comprehensive package that can build loyalty and best enable employees to ensure their future prosperity.

May 5, 2023

Each week, the Mployer Advisor team parses through dozens of reports, industry news, updates, and headlines.

February 22, 2022

This article provides statistical data on the importance of Diversity, Equity, and Inclusion (DEI) in the hybrid workplace, highlighting the role of DEI in building a positive and productive work culture. The article cites research that shows how the hybrid workplace can benefit from diverse perspectives and ideas, as well as the need for intentional efforts to promote inclusion and equity in the workplace.

March 25, 2022

Here are some top numbers that caught our attention over the past month.

February 17, 2023

This article provides statistical data on HR burnout and employee quit rates, highlighting the impact of the pandemic on workplace stress and retention. The data suggests that HR professionals are experiencing high levels of burnout, which is contributing to increased employee turnover rates.

June 7, 2022

Each week, the Mployer Advisor team parses through dozens of reports, industry news, updates, and headlines.

September 26, 2022

The Mployer Advisor team highlights some notable statistics from recent reports and surveys, including 18% of employers requiring COVID-19 vaccinations, a $2,000 increase in profitability per remote worker, and 55% of consumers interested in buying insurance products from Amazon. Other statistics cover financial stress, PTSD rates, unemployment, and inflation.

December 16, 2022

Each week, the Mployer Advisor team parses through dozens of reports, industry news, updates, and headlines.

November 22, 2022

Each week, the Mployer Advisor team parses through dozens of reports, industry news, updates, and headlines.

July 29, 2022

As we head into 2023, employers nationwide are worried about the impact of a possible recession, as well as rising healthcare prices and employer costs.

December 28, 2022

Each week, the Mployer Advisor team parses through dozens of reports, industry news, updates, and headlines.

July 5, 2022

Each week, the Mployer Advisor team parses through dozens of reports, industry news, updates, and headlines.

April 15, 2022

The article discusses the correlation between offering voluntary benefits and salary increases in attracting and retaining employees. According to a survey, almost half of employees considered voluntary benefits when deciding whether to stay with their current employer or switch jobs, while over 60% of employers believe that offering these benefits can help with employee retention.

May 5, 2022

The California law requiring corporations to have a certain number of board members from underrepresented groups has been ruled unconstitutional by a federal judge. The judge stated that the law violates the Equal Protection Clause of the 14th Amendment by explicitly using race and gender classifications

April 26, 2022

The article discusses the circumstances under which employers can change or take away employee benefit plans, including health insurance, retirement plans, and other perks. The author notes that employers must comply with relevant laws and regulations and communicate changes to employees in a timely and transparent manner.

April 26, 2021

This article explains that while employers can change employee benefits plans, they must follow certain guidelines and provide adequate notice to employees. Employers should also consider the impact of any changes on their employees and communicate effectively to ensure a smooth transition.

April 26, 2021

In this article, the author explains that it is possible to negotiate insurance broker fees and commissions. The article provides tips for negotiating with brokers and suggests that employers should be prepared to ask for a breakdown of fees and commissions and consider multiple broker options before making a decision.

February 28, 2020

There are a wide range of different types of on-site health care services that can lead to improved outcomes for employees and reduced health care expenditures.

April 13, 2023

Duke University is blazing new trails when it comes to itemizing employee benefit package component contributions.

May 4, 2023

In a labor market that is increasingly leaning on enhanced employee benefits packages to gain a competitive advantage, many small businesses are falling behind.

May 12, 2023

About 1 in 5 employees is managing caregiving responsibilities at home on top of work, and they are typically grateful for all the help they can get from their employers.

June 1, 2023

This article discusses four key questions that businesses should consider asking when contemplating changing their insurance broker, including asking about the broker's experience with their industry, the scope of services they offer, how they will manage the transition, and how they will communicate with the company's employees throughout the process. The article emphasizes the importance of finding a broker who understands the company's unique needs and can provide personalized, high-quality service.

August 26, 2021

The article discusses how employees can decipher the good, bad, and ugly of their 2023 benefits packages. It highlights the importance of considering various factors such as the benefits that matter most to the individual, the cost, and the level of support from the employer.

December 8, 2022

Delta Air Lines Inc. has launched a new emergency savings program and financial counseling for qualified workers, according to a release from the company.

February 2, 2023

In the digital age, where transparency and corporate reputation are increasingly scrutinized, the significance of an employer's Glassdoor rating has become a topic of much debate. Glassdoor, a platform where current and former employees anonymously review companies, has transformed into a crucial tool for job seekers and a barometer for companies' workplace cultures.

January 25, 2024

Employees are every company’s most important asset and theyneed to be cared for and treated as such. From a business perspective, employerattention to mental health is critical because it impacts every facet of thebusiness. Healthy employees demonstrate higher productivity, engagement, andresilience, leading to reduced absenteeism and turnover.

June 2, 2023

Businesses with between 2 and 250 employees have seen their employee benefits expenses climb over the last couple of years.

April 20, 2023

What types of insurance coverage and employee benefits should relatively small and/or early-stage business operations be considering?

April 13, 2023

Employers are spending more on employee benefits and reshaping entire benefits strategies around a new understanding of the employee benefits value proposition.

June 7, 2023

Employers and employees don't always see eye to eye on the value of certain employee benefits package components.

April 28, 2023

Each month, Mployer Advisor collects and presents some of the most relevant and interesting data, information, and insight we've encountered over the past month covering areas related to employee benefits.

February 27, 2024

Employees are increasingly prioritizing wellness, and employers that support those efforts are seeing a net financial benefit in addition to other advantages for doing so.

May 23, 2023

By not maximizing the value of the benefits and perks available to them, employees forego a substantial portion of their potential compensation.

June 14, 2023

Most employees don't think their employer's voluntary benefit offerings provide sufficient options to enable them to better contend with major accidents and other unpredictable, financially-straining events that may occur even though the majority of employees in the US will be in a very challenging position to say the least should they be unable to work for even a few months.

April 17, 2023

Mental health has become an area of greater focus among employees, but one recent survey shows that a large majority of employees are not actually utilizing the mental health-related benefits that their employers are offering.

August 2, 2023

There is nearly a 20 percent gap between employers who claim that their employees are highly satisfied with their benefits package and employees who claim the same.

October 27, 2023

The article discusses a survey that found that many employees believe their mental health concerns stem from workplace anxiety. It explores the factors that contribute to workplace anxiety, the impact it can have on employee well-being and productivity, and what employers can do to address this issue.

February 3, 2023

Employees often receive a flurry of communications about their employee benefits options during enrollment periods, while the rest of the year is quiet.

May 22, 2023

Menopause affects a substantial portion of the workforce during a stretch of often career-critical years and the demand for menopause-related benefits significantly outpaces the supply most employers are offering.

June 5, 2023

This expanded guide underscores the importance of sleep in the workplace and provides employers with a variety of strategies to promote healthy sleep habits among their employees. From immediate actions to long-term wellness initiatives, these approaches contribute to a more productive, satisfied, and health-conscious workforce.

2023 is here, yet some of the most significant challenges faced by HR leaders in 2022 will follow them into the new year.

January 3, 2023

Understanding what constitutes good benefits is crucial for employee satisfaction and well-being. In this guide, we’ll cut to the chase, helping you assess your current benefits package or those provided in a job offer. We cover the why, the what, and the how—from vital health insurance details to work-life perks—equipping you with the knowledge to evaluate or negotiate your benefits effectively. Whether you’re considering a new job or reviewing your current offerings, it’s essential to understand how your benefits compare.

The article provides a comprehensive guide to compensation and employee benefits packages. It covers topics such as the components of a typical benefits package, how to design a competitive compensation package, and how to communicate benefits to employees.

April 14, 2021

Health insurance continues to top the “best employee benefits” lists year after year, and it’s hardly surprising why.

August 5, 2021

The article discusses the benefits of salary transparency for both employees and employers. It explores the different ways in which employers can approach salary transparency, the potential risks and benefits, and the impact on workplace culture and productivity.

January 30, 2023

Employers are taking note that benefits related to family health and fertility issues have been quickly climbing the list of top employee needs.

April 3, 2023

Huge numbers of layoffs have created a glut of available tech talent that's incentivizing tech companies to roll back many of the benefits for which they had become known.

May 26, 2023

The article discusses emerging trends in fertility and family planning benefits for employees. It explores the different types of benefits that employers are offering in this area, the impact on employee well-being and productivity, and what to expect in the coming year.

December 16, 2022

The article discusses the impact of financial stress on employee retirement savings in 2022. It explores the reasons why employees are withdrawing from retirement funds early, the potential long-term consequences, and what employers can do to support their employees in this area.

January 13, 2023

The article reports on Intel's decision to cut executive salaries following a poor fourth quarter in 2022. It discusses the reasons behind the company's struggles, the potential impact of the salary cuts, and what it means for the broader tech industry.

February 6, 2023

The article explores the growing trend of mandatory paid time off (PTO) policies among employers. It discusses the potential benefits of mandatory PTO, including improved employee well-being and productivity, and the factors that employers should consider when implementing such policies.

June 28, 2022

The younger generations who now dominate the workforce are prioritizing non-traditional benefits at a much greater rate than the generations that came before.

May 18, 2023

Over the past decade, the employer’s buying journey has shifted from brick-and-mortar centers to search engines.

May 26, 2022

The article discusses Goldman Sachs' list of the top five benefits for financial well-being in 2023. It explores the importance of financial wellness for employees, the benefits of each of the top five benefits, and what employers can do to support their employees in this area.

January 3, 2023

Divorce can be costly on divorcees' bodies, minds, and their employers' bottom lines.

June 6, 2023

Forbes analyzed some of the biggest disconnects between how employers and employees view benefits offerings, respectively.

April 4, 2023

Employees are placing more and more value on voluntary benefits that enhance their lives beyond work and fertility benefits are quickly rising to the top of those lists.

April 24, 2023

4 simple strategies for making sure that employees see the same value in their employee benefits packages that the plan managers and human resources professionals are seeing.

August 25, 2023

Employees want information about their benefits and how best to utilize them to come more regularly than just during enrollment periods.

May 19, 2023

As an HR professional, you know all too well that you and your team are responsible for managing some of your company’s most important business needs.

November 3, 2021

This article provides tips for designing an exceptional employee benefits program, including considering the needs of different employee demographics, offering flexible options, and providing educational resources to help employees understand their benefits. The author emphasizes the importance of regularly reviewing and updating the benefits program to ensure it remains competitive and meets the changing needs of employees.

December 15, 2022

The article discusses how employers can effectively explain a comprehensive employee benefits package to their employees. It provides tips such as explaining the benefits in detail, providing real-life examples, and holding meetings or webinars to answer employee questions.

April 26, 2021

Unlimited PTO has not always worked out as well as either employers or employees would have liked, but with a few tweaks, this kind of benefit offering can really offer a lot of benefits to all involved.

April 4, 2023

Approaching employee benefits package composition from a variety of different perspectives can lead to some fresh, outside-the-box thinking and give your company a competitive edge.

July 19, 2023

We all know how important it is for businesses of every shape and size to offer employee benefits packages to their team.

April 26, 2021

The article discusses the issue of workplace burnout and offers tips to help employers recognize and prevent it. The author highlights the importance of fostering a healthy work-life balance, providing emotional support, and creating a positive work environment to prevent burnout.

October 13, 2021

One of the most common misconceptions among modern business organizations is that human resources and human capital are the same thing.

December 19, 2022

The article discusses the top employee benefits trends of 2022 predicted by industry leaders. These trends include greater flexibility in work arrangements, an increased focus on employee wellness, and greater access to mental health resources.

December 16, 2022

The article explains the concept of financial wellness benefits and how they can help employees improve their financial health. It also discusses various types of financial wellness benefits that employers can offer, such as retirement plans, financial education programs, and employee assistance programs.

July 7, 2022

At the height of the COVID-19 pandemic, almost 60% of U.S. knowledge workers were working from home.

September 1, 2021

Few things are more important than keeping your employees healthy and happy.

March 17, 2021

Long-term disability insurance is a benefit that helps your employees cover their finances while they’re recovering from a persistent illness or tough injury.

August 9, 2021

The maker of Advil and Theraflu, Pfizer Consumer Healthcare, has announced the launch of a 26-week paid parental leave policy for all its employees in the US, regardless of gender or whether they are the primary or secondary caregiver. The new policy, effective immediately, will also offer support for parents with a phased return-to-work plan, allowing employees to work part-time for up to four weeks following the conclusion of their leave.

November 7, 2022

Employee benefits and perks are on the chopping block at many companies, but many employees seem largely unaffected by the change when its coupled with greater flexibility in terms of when and where they work.

July 26, 2023

The Covered California health insurance exchange announced that families with unaffordable employer-sponsored health insurance may now be eligible for subsidies to help them purchase coverage through the exchange. This move comes after changes to the American Rescue Plan lowered the eligibility threshold for subsidies and increased the amount of assistance available to families.

January 11, 2023

Microsoft plans to cut 10,000 employees, or 5% of its workforce, in 2023 due to a bleak financial outlook and cautious spending by its customers amidst global recessions. The US-benefit-eligible employees will receive above-market severance pay, continued healthcare coverage, continued vesting of stock awards, career transition services, and 60 days’ notice prior to termination.

January 24, 2023

Microsoft has announced a new, unlimited paid time off policy for employees in the wake of the company's recent layoffs. The policy, which replaces the company's previous vacation and sick leave policy, aims to give employees more flexibility and autonomy in managing their time off.

January 27, 2023

Financial wellness concerns limit employees' abilities to be effective in their role on the job, which in turn negatively affects company productivity, yet too few companies offer any meaningful employee benefits or perks that can help prevent or manage these kinds of issues.

April 7, 2023