With more confusion swirling in the employer 401(k) market not to mention an American workforce with staggeringly low retirement confidence advisers and consultants recommend employers play a bigger role as a fiduciary when considering administration fees and investment education.
With the advent of the Affordable Care Act, strategic planning for benefit plans has taken on a new level of importance. Yet very few employers have a strategic plan in place for benefits, said Bill Hembree, CEO, Health Research Institute during this weeks Benefits Forum & Expo in Boca Raton, Fla.
Commentary: Your new wellness vendors presentation showed impressive results from their work with other clients risk factors reduced, cost curves bent, and ROI blossomed. It all sounds terrific.
As the obesity epidemic and overall sedentary lifestyle continue to cripple the American workforce drastically increasing health care costs consider the inspirational words of Diana Nyad. The record-holding swimmer, who accomplished a near-impossible swim from Cuba to Key West, Fla., centers on one key message to help jump start the population: "Never, ever give up."
All comprehensive wellness platforms should consist of four core programs wellness, disease management, EAP and work life components says Yale Mallinger of wellness company HMC-HealthWorks, but its what makes up those components that counts.
The one-size-fits-all communications approach is ending, but employee engagement is still an issue for many employers. Alison Davis, of employee communication firm Davis & Company, identified five root causes of deteriorating engagement, which she shared with attendees at this years Benefits Forum & Expo.
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