Millennials took a big financial hit during the recession, with wounds that are still fresh and unlikely to heal quickly, and a growing, under-utilized industry is hoping to build some new momentum.
With such a wide range of opinions about how much money employees need to save for retirement estimates vary from eight to 25 times final pay it can be hard for participants to know what to aim for.
Employers from Starbucks to ConAgra have begun partnering directly with academic institutions to create specialized programs for their employees. Its a new spin on an older system, as benefit managers are trying to evaluate the long-term benefits of helping to pay for their workers education.
Commentary: Financial services company BOK Financial enlists the help of a benefits communication vendor to boost participation in its consumer-directed health plan.
Nancy Grunnet, regional vice president for First Sun EAP, discusses challenges benefit managers face when it comes to educating employees about family-friendly benefits and offers three suggestions for encouraging their use.
Commentary: In this digital information age, its imperative to closely guard personal information. If you pay attention to the news, youre familiar with the concept of identity theft, the potential loss of financial information. However, theres a new emerging type of identity theft medical identity theft and it can literally kill you. Heres how your employees can protect themselves.
Do you feel stuck in a rut? Expected to be shooting up the HR/benefit career ladder at this stage in the game? We all have bad habits, but bringing your baggage to the office can be the difference between soaring or stalling in your career. Ilya Pozin, an entrepreneur and founder of Pluto.TV, Open Me and Ciplex, offers six common workplace bad habits to break if you want to continue moving up the career ladder.
While use of electronic cigarettes is growing in popularity, employers are starting to take a look at adopting policies on use of the device at work, and how to protect workers from coming into contact with second-hand vapors.
When they leave the workforce, Generation X may be in a similar, not worse, retirement situation than baby boomers given their access to automatic enrollment in defined contribution plans and the growth of their future plan contributions, according to the Employee Benefit Research Institute.
Open enrollment season is a busy and important time of year for employers. Many employees are underinsured or unaware of the reasons they need life insurance. John West, director of product marketing at Standard Insurance Company, provides five focus areas for open enrollment meetings this year to ensure employees understand the need for the benefits and, ultimately, enroll in them.
Alan Kohll, CEO and founder of Total Wellness, speaks to the importance of building intrinsic motivation in employees to participate in wellness programs.
Employers and employees more than ever need the help of their trusted adviser to communicate in plain language the complexities of todays health care landscape.
With the average wellness incentive reaching nearly $600 this year according to some estimates, its no wonder employers are looking to get more bang for their buck. The right incentive program depends on a host of factors and requires thoughtful consultation with your wellness vendor. Here are 10 best practices from Provant to guide the development of effective incentives.
We all know how markets have traded most of the time since the 2008 crash. One day everything is moving up in value, the next everything is falling. But things are changing.
In an effort to boost its profile and visibility among job candidates, gaming company Penn National Gaming is betting on a new recruiting strategy designed to actively promote job listings on social media sites.