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Tag: Group Benefits

Should I Offer Multiple Health Plans?

After monetary compensation, health insurance is the most desirable benefit for most employees. If you offer only one health plan, your employees are limited in their healthcare choices. Offering a choice of health plans can make your benefits package significantly more attractive to existing and prospective workers. What Are the Benefits of Offering Multiple Health Plans? Offering multiple health plans empowers employees, and it can...

How to Support Your Employees’ Mental Health During the Holidays

Although the holidays are meant to be a time of joy and celebration, they can be particularly stressful for many people. For most employees, the holidays are an exceptionally busy time, with end-of year deadlines, shifts in normal schedules, and the added financial pressures of gift giving and special gatherings. With these added stressors in mind, there are a number of things employers can do...

Should I Provide 401(k) Matching?

Employees love to watch the value of their 401(k) grow. Employers who match 401(k) funds are providing one of the most popular employee benefits. The investment in these retirement savings accounts are tax-free, taxed when funds are withdrawn at retirement or when withdrawn early for another reason. Types of 401(k) Plans As an employer, you have two options: Traditional 401(k): These retirement accounts are built...

How Incorporating Wellness Activities at Work Improves Productivity

Every employer wants a team of inspired workers who are focused, energetic, and productive. A work environment that has incorporated wellness activities can inspire higher levels of production, as the employees are happier, less stressed, and usually feel more dedicated to achieving the goals set by management. What Wellness Activities Are Most Popular with Employees? Your company can offer a range of wellness activities that...

3 Things to Consider When Choosing Group Benefits

The employees you want on your team will need benefits. In a tight job market, with competition for talent higher than ever, the benefits you offer matter. When choosing group benefits, several basic issues must be thoroughly evaluated before deciding on what to offer employees: Employee Demographics – Generation Alpha, Gen Z, Millennials, Gen X, Gen Y, or Millennials? Every generation has a different perspective...