WEX Inc.

NOVEMBER 21, 2024

Personalized benefits packages allow employees to select benefits that align closely with their life stage, health needs, and financial priorities. Voluntary benefits Voluntary benefits are a powerful way to offer added value without a significant cost burden.

Employee Benefits 104

Employee Benefits 401(k) Employment Health Savings Account 104

InterWest Insurance Services

OCTOBER 17, 2024

The main driver in workers prioritizing benefits is the rapidly rising cost of group health insurance premiums and out-of-pocket costs, according to the study by Voya Financial. 51% said that high health care costs were having a major or significant impact on their ability to save for retirement.

Out of Pocket Cost 98

Out of Pocket Cost Voluntary Benefits Health Insurance Health Savings Account 98

Corporate Synergies

DECEMBER 10, 2018

Which voluntary benefit options are right for your employees? This 4-step voluntary benefits checkup will help you decide. As the cost of medical plans rises, employers are offering high-deductible health plans (HDHPs) and health savings accounts (HSAs) as part of their employee benefit plans.

Voluntary Benefits 45

Voluntary Benefits Hospitality Health Savings Account Deductible 45

PeopleStrategy

JULY 8, 2019

According to a recent survey , 35 percent of employees don’t understand their healthcare coverage, and another 33 percent don’t understand their medical bills. And, sadly, almost two-thirds (62 percent) of survey participants said their employer is not a resource for healthcare-related questions.

Health Savings Account 82

Health Savings Account Deductible Deductions Healthcare 82

WEX Inc.

SEPTEMBER 25, 2023

Benefits are also not top of mind for many employees. Employees are often more focused on frequently used benefits such as vacation and paid off policies (PTO) rather than insurance, voluntary benefits and retirement plans. However, they’re most likely not communicated any differently than other benefit offerings.

Voluntary Benefits 98

Voluntary Benefits Health Savings Account PTO Retirement Plan 98

Griffin Benefits

MARCH 16, 2022

For instance, many benefits plans have employee assistance programs (EAPs) with financial wellness resources that cover legal services and caregiving services that can help alleviate financial stress. The pieces that comprise healthcare and retirement plans, voluntary benefits, and EAPs are connected.

Flexible Spending Account 89

Flexible Spending Account Retirement Plan Health Savings Account Voluntary Benefits 89

WEX Inc.

MAY 8, 2024

From the rising costs of healthcare and benefits packages to retaining and recruiting to helping employees understand their benefits to the ever-changing regulatory landscape, HR teams face many challenges that present obstacles to organizational success. But what incentives resonate most with employees?

Health Savings Account 52

Health Savings Account Benefits Package Healthcare Voluntary Benefits 52