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How to contain employee benefits costs (and why most businesses struggle)

Insperity

per hour, per employee, for health-insurance costs, according to Sept. In 2021, employer expenses for health insurance are expected to rise by 3.9 In 2021, employer expenses for health insurance are expected to rise by 3.9 However, a major driver of increasing health-insurance costs is plan usage and claims history.

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Is your employee wellness program up to par?

Insperity

Their benefits include: Healthier employees, which can help companies contain health insurance costs Less absenteeism and, therefore, greater productivity Higher morale A sense among employees that their employer cares about them in a holistic manner – beyond their functional role at work – which can strengthen loyalty and improve retention.

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6 big soft cost savings associated with HR outsourcing

Insperity

Employers always want to improve business efficiencies, of course, and today they are doing so by prioritizing opportunities to improve recruiting strategies, strengthen employee engagement and better navigate the increasingly complex compliance issues that they’re often faced with.

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How HR can give your company’s employee retention strategy a boost

Insperity

In this arena, the HR team can work with management and bolster their efforts by: Overseeing training curricula Recommending or requiring specific training Identifying future leaders and high performers who may be suitable for promotions Developing a people strategy to plan for the future Aiding in succession planning 5.

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Behind the Smiles: Mental Health in South Korea’s High-Pressure Society

Mad in America

For example, insurance data reveals that propofol usage in medical institutions rose 12% in a single year, with only 15% of it being used under national health insurance coverage. But the real danger lies in mistaking symptom suppression for recovery, and in promoting these drugs as long-term solutions. The implication?

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Small Businesses Wellness Program Ideas: Creating Affordable Programs

WellSteps

Solution: Prioritize Needs, Leverage Partnerships and Turn Up Efficiency Prioritize Employee Needs: Start by assessing the most pressing health and wellness needs among your workforce. Why Prioritize Wellness? By allocating resources towards such initiatives, you’ll maximize their return.

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Thriving Together: Wellness and Group Benefits in Hybrid and Remote Work

WELCOA

In his article “Rethinking Group Insurance Benefits: Meeting the Needs of Hybrid and Remote Employees” in the May/June issue of Plans & Trusts , author Dan Licoppe discusses the evolving landscape of remote and hybrid work models, including access to a broader talent pool, cost savings, increased engagement and business continuity.