Remove Financial Counseling Remove Insurance Remove Retirement Plan
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Boosting Employee Retention with Strategic Perks: Insights from Abel HR

Abel HR

Comprehensive Health Benefits Health insurance is a top priority for many employees. Offering a range of health benefits, including medical, dental, and vision insurance, can make your company more attractive to current and potential employees.

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Investing in employee mental health benefits

Higginbotham

Mental Health Coverage and Parity Under the Mental Health Parity and Addiction Equity Act , most group health plans and health insurance issuers are required to offer mental health benefits that are no more restrictive than medical and surgical benefits in terms of financial requirements and treatment limitations.

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Prioritize Financial Well-being in the Workplace

Empuls

Supplemental pay – This offering shows the workforce that the company is committed to charting a path to their employees' financial wellbeing. Supplemental income includes stock options, 401 (k) plans, bonuses, etc. While the insurance premium is discretionary, plans include regular check-ups and eye and dental coverage.

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7 Employee Benefit Trends that are Set to Dominate in 2024

Empuls

  Employee assistance programs (EAPs) provide confidential counseling services to help employees navigate personal and work-related challenges. These programs often cover a range of issues, from stress management to financial counseling.

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Employee Benefit: A Strategic Investment for Attracting and Retaining Top Talent

Empuls

This is especially true when you factor in the seemingly endless list of expenses: groceries, rent/mortgage, utilities, health insurance, car payments.   This isn't just a budgeting question – it's a question of understanding your financial reality. the list goes on. 

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How HR Can Help Employees Facing Financial Hardship?

Hppy

According to a 2022 survey by the Society for Human Resource Management, only 21% of employers currently offer non-retirement financial benefits. However, companies are increasingly recognizing the importance of addressing their employees’ financial well-being beyond retirement planning.

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The future of benefits: Unlocking flexibility in 2025

WEX Inc.

Gen Z, for instance, values mental health support and career development opportunities, while Baby Boomers may prioritize comprehensive healthcare and retirement planning. Financial wellness as a cornerstone Economic uncertainties and the rising cost of living have pushed financial wellness to the forefront of benefits discussions.