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Employer Insights

How Do Benefits Affect Turnover and the Great Resignation

The modern design of the American employee is evolving. It’s shifting to focus on basic needs, perhaps the way it always should have been. Enter year two of the pandemic. The safety of the average employee is getting to where it should be: at the top, in the front view, and considered with every decision. Many experts agree that a mass exodus (coined the Great Resignation), of working people, comes from a tiring experience of being unheard for so long.

Staff retention is not as complex as many businesses perceive it to be. When you provide the basic needs that your staff deserves, they know that someone is looking out for them. Investing in your staff is investing in employee retention. 

One of the best ways to show your staff that you’re invested in them is to make sure that your business is offering healthcare. Let’s break down the current scope of business owner benefit consulting.

Employer Insights

How to Talk With Your Employees About Mental Health

Have you noticed more employees struggling with mental health? In the fourth quarter of 2020, Gartner, Inc. surveyed over 5,000 employees. They found a 29 percent self-described rate of depression in the workforce. Participants described the COVID-19 pandemic as the main cause.

There is no doubt that poor employee mental health impacts many aspects of your business. But what’s the best approach to having a conversation about mental health for employees? Keep reading to find strategies to open communication with your workers.

News

New Law Aims to Prevent Unexpected Medical Bills

Almost two-thirds of adults in the USA have concerns about being able to afford surprise medical bills. If this happened to you, would you be able to afford it? How would you go about supporting your family and those around you if you had unexpected medical bills? There is a new law is on the table that is attempting to address that. Let’s talk about why you should be paying attention to this new law and what it can provide for you.

News

Battling High Hospital Prices

How would you guess it costs to spend a day in the hospital? The average cost in March 2021 was between $1,606 to $3,726. If you or a loved one must stay for days or weeks, the cost is astronomical.

In fact, 60 of 65 percent of bankruptcy stem from overwhelming medical expenses. There are approaches employers can take to battle high hospital prices. Keep reading to learn how to reduce healthcare costs.

Employer Insights

How the Cost of Employee Benefits Affect Tax Savings

Today’s job seekers have tons of options when it comes to finding a job. This means that employers need to take steps to make their company as attractive as possible to potential employees. One of the best ways to help stack your staff with incredible talent is through benefits.

Regardless of that fact, many employers aren’t offering competitive benefits because they’re worried about the cost of employee benefits. If you’ve found yourself in that boat, then you’ll be happy to know that many benefits you offer your employees are tax-exempt! Read on to learn all about them.

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