During these lazy days of summer, it might feel like there’s plenty of time to prepare for open enrollment. But in reality, that busy season is right around the corner, and it will be here before you know it. Now is the perfect time to start preparing for open enrollment to ensure you have the smoothest, most effective enrollment ever. Here are five things you can do now to get ready.
The Employee Benefits Blog
As your organization competes for talent, one of the key differentiators between your company and others will be your benefits program. There is such a variety available now that your recruits will probably have high expectations. Your current staff could be wooed away with offerings such as unlimited vacation and student loan payoff assistance. Do you know what your competitors are doing? Is your benefits program up to snuff with a good mix of health plans, voluntary benefits, wellness and financial programs, and intangibles like flex time?
These articles can help you evaluate how you’re doing and maybe give you some ideas to do more.
Workplace flexibility is a popular benefit — the 2016 Employee Job Satisfaction and Engagement research report from the Society for Human Resource Management found that 53 percent of employees said workplace flexibility is a “very important” aspect of job satisfaction. You’ll want to ensure your policies make it easy for employees to take the time they need to rest and recharge. There are all sorts of leave you can include in your time-off policies, but work must go on, so use these tips to provide workplace flexibility in a way that works for everyone.
Are you in tune with what your millennial employees want and need from their benefits? Their interests may be different than those that you associate with your older workers. As an HR or benefits pro, it’s up to you to understand these differences so you can best serve the needs of your workforce and recruit new millennial talent in the future.
Here are some articles to help you begin viewing benefits with a millennial perspective.
While it might not have the trendy appeal of CrossFit or yoga, walking is one of the easiest and most effective ways to exercise. According to the Mayo Clinic, walking can help you manage your weight as well as prevent or manage heart disease, high blood pressure and type 2 diabetes. It’s easy on the body and easy to get started with.
Going to the doctor in the U.S. is expensive; no one’s debating that. Even after the enactment of the Affordable Care Act, health costs continue to rise. Is there anything you can do as a benefits or HR professional to help your organization and its employees deal with these increased costs? Yes.
We made some predictions back in January about the 2016 benefits trends we expected to see. With the year half over, it’s time to take a moment to see how accurate those predictions have been — and so far it looks like they are on track. If you didn’t jump on these 2016 benefits trends back then, it’s not too late to consider some of these options as you start preparing for open enrollment. Here’s the latest on what’s hot for 2016.
Research indicates workers are healthier and more productive when they’re happy at work, meaning they’re less stressed, more engaged and less likely to leave your company. Your wellness plan probably addresses physical health and might include some mental health benefits to address stress or depression. But are you doing anything to ensure enjoyment of work?
Summer days when it feels like half the office is on vacation may sound like an odd time to think about open enrollment. But now is the perfect time to check your communications options for open enrollment later this year. According to GuideSpark, almost half of employees wish their employers would communicate about benefits more effectively. In addition, its research found that only a third of employers plan for open enrollment for at least four months.
As an HR or benefits professional, you know the value of health, accident, disability and life insurance for your co-workers — but can you place a value on keeping workers safe in the first place? Absolutely not. Workplace safety should be of utmost importance to all companies, in all industries, around the globe.