Tailoring a voluntary benefits plan to better suit the very different needs of workers with entirely different generational goals and objectives can be challenging, but the payoff is better participation.
On the whole, benefits professionals do feel a high level of satisfaction with the majority of technology they use, but shortcomings in end-user experience remain a frustration.
EBNs inaugural technology survey indicates that 41% of respondents plan to increase their spending on technology next year, with 45% having already increased their spending from 2013 to 2014. Much of that spending is directed toward new employee portals and front-end systems to better integrate and utilize various benefits functionalities (health, retirement, voluntary benefits and more).
Advisers need to know what employees want, what the competition is doing and be current on tax law before setting up an executive benefit plan.
Despite the past two decades of employer efforts to improve gender diversity and equality in the workplace, women remain underrepresented at most levels in the workforce and are not progressing in their careers.
Commentary: The average working American is part of a financially fragile workforce and many are reacting to higher health insurance contributions that could spell long-term trouble, says voluntary specialist Tinker Kelly.
Its almost the end of National Disability Employment Awareness Month, but employers fully acknowledge the importance of disability insurance and absence management programs for employees. New research reveals how employers are using absence management programs and disability insurance benefits to help their employees get back to work.
For the third time in recent months, the Equal Employment Opportunity Commission has launched legal action against a private employer, claiming discrimination on the part of the companys wellness program.
Dan Macklin, co-founder and VP of business development at SoFi, outlines how the issue of student loan debt affects employers and why helping employees refinance these loans can pay dividends by way of increased loyalty and retention.
Employee purchases have increased $18 billion in the past decade, Unum study finds
Commentary: Blogger Kevin Hilst shares tips for benefit advisers and professionals on how to make sure a vision RFP zeroes in on what distinguishes a great product from a commodity.
On the heels of news about Aon Hewitts estimated more than 1.2 million HIX enrollees exceeding its expectations for 2015, Bright Choices Exchange operator Liazon is crowing about its own expansion plans.
Just 25% of companies that offered employee health insurance made coverage available to part-time workers in 2013, according to the Kaiser Family Foundation. That percentage will decline further with Walmart Stores Inc.s announcement that it is dropping health insurance for part-time employees. Walmart joins a growing list of major retailers that have done the same.
Targeting employee needs and purchasing preferences can boost engagement and enrollment with voluntary benefits. The way to personalize that message, experts say, is through the use of data analytics.
When West Pharmaceutical Services, a medical device company headquartered in Exton, Pennsylvania, surveyed employees at its corporate head office, it found that roughly 8% of the 400 employees at that location were interested in either receiving more information about special-needs education or receiving immediate help to navigate the school system for their special-needs child.