Employers are finding new and interesting ways to support the growing families of their employees, with benefits such as paid parental leave, adoption support and fertility benefits on the rise. Fertility benefits are important for couples struggling to conceive, because in vitro fertilization treatments can be expensive. From egg-freezing to lactation rooms, organizations are adding benefits for mothers and fathers, a trend that is likely to continue in 2017.
The Employee Benefits Blog
The consolidation of companies in food and beverage manufacturing has resulted in multinational giants — and this is good news for employees in the industry. These larger companies offer competitive benefits to attract the wide variety of employees they need in manufacturing, administration, operations, sales and marketing, and other departments. While benefits may vary by location and collective bargaining status, food and beverage companies can offer some of the best employee benefits around. Here’s a sample.
Telemedicine is emerging as an important resource for patients to see a doctor for minor medical issues at a lower cost than an office visit. More and more employers are offering telemedicine benefits to employees as way to encourage workers to see a physician before an illness gets worse. The challenges ahead for telemedicine benefits include promoting those offerings of employees and integrating them with the individual’s own health care provider.
As we look at the developments of 2016 and the benefits trends going into 2017, it’s clear that change is the only constant. This can mean big challenges for benefits managers as they try to keep up with evolving benchmarks and new legislation, but it represents big opportunities as well.
As organizations spend more and more money on employee wellness programs, it’s worth taking the time to evaluate what’s working and what isn’t. A mentally and physically fit workforce pays off for employers, so make sure your wellness programs are doing the job. The start of the new year is a great time to examine your wellness program and look for ways to improve or expand on initiatives that are working.
The holiday parties will soon be over, and some of your employees will be setting some resolutions for the new year — as you may be as well. It’s hard to make lifestyle changes on your own and without any guidance, but employee benefits provide a strong framework for people who are looking for help and inspiration at the beginning of the year.
The list of benefits that employers can offer continues to grow, with nontraditional items like pet insurance, student-loan repayment and adoption assistance gaining popularity. But while employees enjoy specialized benefits options, the basics are still most important for most workers. Health insurance, retirement plans and customizable options are what most employees desire from their benefits.
While looking at the benefits trends of the past year, we noticed a few topics stood out for people visiting our blog. One of the most popular topics every year is outsourcing, and 5 Advantages of Outsourcing Benefits Administration from 2012 is a perennial favorite. But hot topics from 2016 showed that many of you are concerned about rising health insurance costs and want more information about specific industries. Here, then, are our most popular posts published in 2016.
If 2016 taught us anything, it’s that predictions aren’t always reliable. However, that shouldn’t stop us from trying to get a sense of what’s likely to happen in the coming year. Workplace trends such as remote work, increased tech use and casual dress are expected to continue and grow. In the benefits sphere, uncertainty over impending changes to health insurance laws makes it difficult to predict what’s coming, but experts are trying.
The following articles offer a glimpse at what might change or continue to grow in the employer-sponsored benefits world in 2017.
2016 was a big year for employee benefits, and change remained a major element: Health care coverage and requirements continued to evolve under the Affordable Care Act, and a strong economy meant employers saw benefits as an important factor for recruiting and retaining employees.
Throughout 2016 we have kept an eye on what’s hot and what’s not in the world of employee benefits, and several things stand out. These four trends were big in 2016.