Telemedicine Platform Cove Offers Migraine Support The American Migraine Foundation found that almost 39 million people are suffering from migraines, which ranks them as the third most common illness worldwide. However, stigma along with misunderstandings of this condition means that most of the workforce isn’t getting the support or treatment they truly need. Having a […]
How Micro-Bonuses can Incentivize an Undervalued Workforce Workhuman, a human capital management company discovered that 75% of people surveyed were satisfied with their benefits, but 58% of them said they didn’t feel valued at work. What does this mean for employers, if workers are generally happy with their benefits but employers are struggling to retain […]
How to Help Employees in Spite of Inflation With an impending recession and inflation driving prices higher than ever, employers can be proactive in supporting employees with inflation bonuses. This type of bonus is intended to give workers relief from the rising costs of everyday items, and can include a temporary increase in employees’ compensation, […]
The Best Companies for Work-Life Balance Currently, potential workers are looking to be employed by companies that offer a great work-life balance, ensuring the prioritization of their mental health and life outside of work. With so many people working from home during the pandemic, work-life balance is in more demand than ever before, and people […]
How Employers can Control Costs Despite Rising Healthcare Rates With healthcare costs on the rise for 2023, HR consultant Mercer found that costs per employee are going to rise 5.6% for their medical plan in 2023, which is 1.2% higher than 2022. Premiums are expected to rise as well. The Affordable Care Act is estimated […]
Make Your Open Enrollment a Success This Year Making open enrollment a success should be at the forefront of your employee benefits strategy, and creating true engagement is an important part of success during this time. By talking about open enrollment more than once a year, you can provide employees with informative, easily digestible content […]
Offering Whole-Person Care through Telemedicine Getting employees to engage with their healthcare benefits can be a challenge, but telemedicine can help. Teladoc provides solutions via telemedicine along with programs for health management, empowering employees to take their health into their hands and utilize the benefits offered. Thinking about whole-person care, including financial health, mental health, […]
Open Enrollment Tips This Year For open enrollment this year, make sure you budget your business’ healthcare benefits, ensuring you are set up for success. New research is showing that in 2023, healthcare plans per employee are going to increase more than 8.6%. As employers, it’s important to reevaluate your health plans to ensure employees […]
App Allows Employees to Better Understand their Benefits
Choosing between financial security or healthcare can be a tough call for employees to make, and with so much economic uncertainty, empowering your staff to be able to choose both is ideal. Because 65% of employees are trying to cut their discretionary spending to put more towards necessities, often, healthcare is the easiest expense to […]
Providing Employees with a Benefits Survey Helps Retain Staff
A lot has changed within the last year including the workforce, the economy, and the healthcare industry. When it comes to the workforce, HR personnel are feeling these changes more than ever, and figuring out the proper benefits renewal strategy can be challenging. But the best way to deal with these challenges and to get […]