Of all the different expenses a business must pay, employee health care continues to be one of the highest. While there’s the direct cost of contributions toward employee health care coverage that most employers make, there’s also the indirect cost of sick workers. Health care is especially difficult to cover during a time of […]
Category: Finance
How voluntary benefits can save you money
Every workplace is unique. So is every person who works in it. And each employee has different wants, needs and ambitions. Take a look at the employees in your workplace. One might be young and single. The person sitting next to her might be a father in his thirties with young children. Across from them? […]
5 Benefit Trends You Should Be Watching
Employee recruitment, engagement and retention continue to be hot topics for employers. Companies are looking for ways to show both employees and candidates that they’re an excellent employer. One of the ways to build an excellent brand is by offering a competitive benefits package, according to a Unum study of 1,500 working adults. Seventy-five percent (75%) […]
Sustainable health care cost containment: What works best?
There are obvious benefits of offering health insurance to employees. The most obvious? If you don’t offer health insurance, you won’t be as attractive to the employees you want to attract. But the fact remains that health insurance is an expensive benefit, even with the trend toward high-deductible plans combined with health savings accounts that […]