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The Employee Benefits Blog

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How Employee Benefits Can Boost Engagement

 
employee engagement and benefits

As employers look to retain employees and recruit top talent, more are paying attention to employee engagement. Employee engagement is a measurement of how enthusiastic employees are about their work, how absorbed they feel when working and how they feel about their role in the organization. Increasingly, employers are realizing that benefits are one of the many factors that build employee engagement.

Employee Benefits News Roundup: FSA, HSA and HRA Edition

 
Employee Benefits News Roundup: FSA, HSA and HRA Edition

As we move into the country’s most common open enrollment season, you’ll probably hear some questions from employees about flexible spending accounts, health savings accounts and health reimbursement arrangements. It can be tough to keep the rules straight for all three types of accounts, and with many employers just now implementing last year’s rule change allowing a $500 carryover for FSAs, the rules you’re familiar with may be changing.

Should You Do an Employee Benefits Audit?

 
benefits audit

Are you offering your employees the best mix of benefits you possibly can? How do you know? It’s a good idea for companies to do periodic audits of the benefits they offer to ensure that they are offering benefits packages that employees find valuable and easy to use. Finding the right mix may take some time as you check in with employees and track how employees use benefits.

Employee Benefits News Roundup: Looking Back at 2014 and Preparing for 2015

 
2015 benefits trends

It’s almost that time of year. If you haven’t made your 2015 benefits plan yet, you probably will soon. Before looking ahead, it’s a good idea to look back. Did your benefits cost more this year than last year? Was the increase as much as you anticipated? Will this trend continue into next year? What about your voluntary benefits? What will be the popular offering next year?

How to Build an Effective Open Enrollment Communications Strategy

 
How to Communicate About Open Enrollment

No matter when you hold open enrollment, getting the word out about it can be a challenge. Putting together a communication plan for open enrollment can help ensure you reach the most people and get them the information they need to make informed decisions about their benefits. Here are some tips for creating an effective open enrollment communication strategy.

Employee Benefits News Roundup: Life Insurance Awareness Month

 
life insurance awareness month

September is Life Insurance Awareness Month and many companies are using this opportunity to encourage discussions about coverage. Does your organization provide life insurance to its employees? Are you seeing enough participation in this plan? Will your employees need additional coverage beyond their employer-sponsored plan? They probably will. A new report released by LIMRA says that most Americans are underinsured by a substantial margin.

Open Enrollment: Helping Employees Pick the Right Mix of Voluntary Benefits

 
How to help employees choose the right mix of voluntary benefits

Voluntary benefits are most valuable to employees when they choose the right mix of benefits. During open enrollment, it’s important that employees understand their voluntary benefits options and make the choices that work best for them and their families. Here are some tips on helping employees pick the right mix of voluntary benefits during open enrollment.

Employee Benefits News Roundup: Workplace Wellness Plans

 
Workplace wellness

Workplace wellness plans, also called corporate wellness plans, can be an integral and successful part of your benefits strategy -- if you do them correctly. They must be truly voluntary and any incentives or disincentives cannot create a financial hardship for anyone not participating. They must also comply with other regulations under PPACA, ADA and HIPAA. Read on for more tips for creating a successful wellness plan.

6 Ways to Prepare for Open Enrollment Season

 
How to prepare for open enrollment

Whether your open enrollment period is in the fall or spring, it’s never too early to prepare for open enrollment. Questions and a little confusion are inevitable, but there are ways to make sure things go smoothly. How can you make sure you have a great open enrollment season? It’s all in the preparation. Here are some tips.

Employee Benefits News Roundup: "Skinny” Healthcare Plans

 
skinny healthcare plans

Last Wednesday, the National Business Group on Health released a survey that polled 136 large companies about the healthcare packages they’ll be offering employees in 2015. The survey revealed that big companies plan to save on healthcare expenses by offering “skinny plans” --  less costly plans that don’t meet ACA coverage guidelines -- alongside more expensive (and therefore less likely to be chosen) plans that do meet ACA requirements. Read on to learn more about the study’s findings.

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