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2024 health benefits strategies: A guide to reducing costs while supporting employee well-being

Employee Benefit News

With innovative offerings and consistent education, employer benefits packages better meet the needs of all involved.

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Employee Well-being Needs to Include Retirement Plans

HR Bartender

[Aloise] Actuarial science, particularly as it relates to valuing the liabilities of a pension plan, is a critical need in managing the retirement benefit programs for many organizations that sponsor a defined benefit pension plan. HR has the opportunity to educate senior management on trends in retirement and planning.

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Two-thirds of Small Firms Are Boosting Their Benefits Packages: Poll

InterWest Insurance Services

One of the biggest factors affecting American employees is stress and burnout and the survey reflects these sentiments, with respondents saying they all want more flexibility in their work. By enhancing benefits packages with an emphasis on physical, mental, financial and social well-being, employers can channel these concerns into action.

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Why employee wellness matters – and how it’s good for business

Insperity

There is a direct link between improving employee wellness and achieving several critical benefits for your overall business. Therefore, it’s very important for employees that the workplace promote wellbeing. Reinforcing employees’ connection with and feelings of belonging in the workplace. Nutrition counseling.

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What are employee wellness initiatives? (Plus, 5 key initiatives for your team)

Best Money Moves

What are employee wellness initiatives? Wellness initiatives can give your benefits plan a powerful boost. Eighty-seven percent of employees consider health and wellness benefits when choosing an employer, according to a study by recruiting website Zippia. What are employee wellness initiatives?

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How is the cost-of-living crisis affecting what employees want from their benefits packages?

Employee Benefits

The cost-of-living crisis has employees demanding pay rises in line with inflation, but many employers are unable to afford this long-term. Benefits that support financial wellbeing and education, including day-to-day budgeting and discounts, can help pay stretch further without raising pay.

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How incentive theory drives motivation and behavior in the workplace

Achievers

Professional growth: Opportunities for training , education, or career advancement help employees achieve personal and professional aspirations. Work-life balance perks: Flexible schedules , additional vacation days, or wellness programs enhance overall satisfaction.

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