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24 Matching News Items

1.  Key Activities CFOs and CHROs Should Perform Together to Optimize Employee Benefit Programs
Grooms Benefit Solutions Link to more items from this source
Sept. 25, 2023
"[1] Advanced strategic planning.... [2] Collaborate to align HR and Finance metrics with company objectives.... [3] Evaluate outsourced partnerships.... [4] Utilize technology to drive efficiencies.... [5] Measure everything.... [6] Educate and value."
2.  Myths You Shouldn't Believe About Employee Benefit Packages
Grooms Benefit Solutions Link to more items from this source
May 9, 2018
"Myth No. 1: Everyone wants a gym membership.... Myth No. 2: The biggest benefit is salary.... Myth No. 3: Additional benefits are too expensive for employees.... Myth No. 4: There is no return on investment.... Myth No. 5: My employees already know we provide great benefits."
3.  Six Key Activities CFOs and CHROs Should Perform Together to Optimize Employee Benefit Programs
Grooms Benefit Solutions Link to more items from this source
May 26, 2015
"Advanced Strategic Planning ... Collaborate to align HR and finance metrics with company objectives... Evaluate outsourced partnerships... Utilize technology to drive efficiencies... Measure... Educate and Value."
4.  Benefits Education Is Time Well Spent
Grooms Benefit Solutions Link to more items from this source
Sept. 15, 2019
"Half of employees who felt highly or moderately cared about by their employer understood their benefits moderately to very well. Nearly one-third of employees who understand their benefits very well intend to stay with their employer for more than 10 years. Almost half of employees who understand their benefits very well feel highly satisfied with their current job."
5.  Pet Benefits on the Rise
Grooms Benefit Solutions Link to more items from this source
June 5, 2017
"Pet-friendly employee benefits are ... continuing to rise in popularity. More and more employers are jumping at the idea of implementing pet-friendly policies at work due to the increasing interest from employees.... If you are considering implementing a pet policy at your office, there are a few things you should consider.... If you can't, or are just not ready to pull the trigger on allowing pets at the office, there are other animal-friendly benefits you can offer employees that they will appreciate."
6.  How Can Employee Benefits Play a Role in Corporate Branding?
Grooms Benefit Solutions Link to more items from this source
Aug. 28, 2015
"[E]mployees who are very satisfied with their benefits are almost four times more likely to be very satisfied with their jobs. Further, almost 70% of employees with a comprehensive benefits program would recommend their place of employment (versus 46% with less benefits).... '[B]enefits that are perceived as fair and competitive will motivate employees to be more committed because the organization is signaling its own commitment to them.' "
7.  Does Your Employee Benefits Strategy Feel Like Groundhog Day?
Grooms Benefit Solutions Link to more items from this source
Feb. 1, 2021
"Forward-thinking benefit advisors help employers take a different approach to group health plan purchasing by asking strategic questions and understanding business metrics and challenges up front, and well before renewal time.... This type of planning (especially for big changes) should begin at least six months before your next renewal in order to provide enough time for strategic alignment, as well as buy-in and feedback from key stakeholders."
8.  Employers Use Mental Health Benefits to Battle Coronavirus Stress
Grooms Benefit Solutions Link to more items from this source
Apr. 29, 2020
"While all demographic groups report increased stress during this time, companies can still tailor their resources to best fit what their workforce is facing. Businesses with working parents or caretakers can provide counseling and tools that specifically address family-related anxiety. Younger staff with student loans as well as those interested in retiring soon may need more personalized financial planning support to face their particular worries. Employees with underlying physical or mental health issues may be struggling to adapt to changes in treatment; telemedicine can help but learning how to cope with these unexpected changes can fill in the gaps."
9.  Benefits That Engaged Employees Want and Need
Grooms Benefit Solutions Link to more items from this source
Aug. 7, 2019
"[1] Employees want their employers to do more to support their financial health; [2] Access to quality behavioral health services at convenient locations correlates with employee wellbeing; and [3] Employees would like more opportunities for paid time off to volunteer in the community."
10.  Putting Telehealth to Work
Grooms Benefit Solutions Link to more items from this source
Mar. 16, 2017
"90% of employers reported they will provide telehealth benefits in states where they can this year. Yet ... of the employees who had access to telehealth services in 2016, only 3% used the benefit.... Employers need a well-executed and consistent communication strategy promoting the benefit that will educate employees about the existence and process for using telehealth services and to address any barriers to utilization. This strategy will help employees' knowledge and trust in the benefits that telehealth services offer."
11.  Overcoming Barriers That Might Be Limiting Your Employee Assistance Program
Grooms Benefit Solutions Link to more items from this source
Aug. 19, 2020
"It's up to the employer (or in cases of a stand-alone EAP, the vendor) to make sure and offer a reason for employees to engage.... Regularly update employees on the specifics of the benefit: How many counseling sessions are provided, what work-life resources are available, or whether legal/financial services are included, etc. By normalizing EAP usage, you can help employees overcome their own psychological barriers. "
12.  Employee Wellbeing Trends for 2020
Grooms Benefit Solutions Link to more items from this source
Jan. 29, 2020
"Mental health (80%), stress management (73%), mindfulness and meditation (66%), and financial wellness (64%) programs ranked the highest in terms of the percentage of budget employers expecting to 'invest more in'.... Employers overwhelmingly favor flexible schedules (84%), remote work (67%), and paid time off (53%) as benefits of choice to support [caregivers].... Health risk assessments (39%), biometric screenings (34%), health fairs (30%), fitness classes (25%), and health coaching (25%) ranked the highest in terms of the percentage of employers expecting to 'invest less in'."
13.  Helping Your Employees Deal with Stress
Grooms Benefit Solutions Link to more items from this source
Apr. 10, 2019
"Chronic stress can also cause a variety of health symptoms that might affect the overall well-being of your employees.... Employees that battle these conditions tend to need extra health care, which directly contributes to the amount of money employers are spending on health benefits. You could be paying as much as 50% more on the health care costs of your stressed employees."
14.  Strategies for Open Enrollment Communication
Grooms Benefit Solutions Link to more items from this source
Sept. 10, 2018
"Collect everything that was shared with your employees ... PowerPoints, emails, text messages, posters, benefit guides, websites/technology -- and put together an internal team to help review their effectiveness.... [C]raft a communications campaign that goes beyond the basic formula of a few emails with PDF attachments. You need to aspire to reach your employees in more surprising ways."
15.  CFOs Say Employee Health Is Strategic Business Investment, But More Tools Needed to Evaluate Its Return
Grooms Benefit Solutions Link to more items from this source
Apr. 20, 2016
"For many CFOs, attracting, retaining, and motivating performance trumps lowering costs.... There is also a focus on improving individual health through helping enrollees be better health care consumers and better manage their health with wellness programs, linking premiums to certain lifestyle factors, and offering financial incentives for wellness programs.... [O]nly 6% of CFOs are measuring a return on these investments in their health benefits and only 23% measure any outcome at all."
16.  Neglecting Mental Health Screenings Leads to Catastrophic Disability Costs
Grooms Benefit Solutions Link to more items from this source
Sept. 21, 2020
"Though depression impacts 16.2 million Americans, ... only 1 in 10 people get the recommended screening for a diagnosis. Depression costs employers an estimated $44 billion each year in lost productivity ... Closing these screening gaps can be a major savings opportunity for employers, by preventing disability leaves in the most severe cases[.]"
17.  Communicating Through the Chaos of Coronavirus
Grooms Benefit Solutions Link to more items from this source
Mar. 19, 2020
"Use company-wide email communications, frequently and confidently.... Leverage chat software like Slack and Microsoft Teams ... Schedule video meetings where the attendees can see each other's expressions and react to one another in real time.... If your entire team is working remotely, find fun ways to connect."
18.  CDC Advice to U.S. Employers: Be Prepared for Coronavirus
Grooms Benefit Solutions Link to more items from this source
Mar. 2, 2020
"[E]mployers should plan to be able to respond in a flexible way to varying levels of severity, and be prepared to refine their business response plans as needed. Comparable to response policies you might have in effect for a natural disaster or other crisis, employers and HR managers need to have essential protocols in place to protect employees during an epidemic or pandemic outbreak."
19.  This Valentine's Day, 'Know Your Numbers' by Heart
Grooms Benefit Solutions Link to more items from this source
Feb. 12, 2019
"Heart disease is the nation's leading cause of death, in both men and women. According to the American Heart Association, nearly 80 percent of cardiac events can be prevented, yet most people don't know the important personal health data that is critical to determining your risk.... Having your personal information is key to understanding your current risk."
20.  Work Habits of the New Millennium
Grooms Benefit Solutions Link to more items from this source
Mar. 15, 2018
"Currently only 2.6% of US employees consider their home as their primary place of work, but of Gen-Y workers, 3 out of 5 expect to work remotely.... 89% of smartphone owners use them while at work.... 24% of employees use a smartphone or tablet as their primary work-related device.... 35% of employed Millennials have started their own business on the side to supplement their income. 46% of Millennials want to start their own business within the next 5 years.... 38% of Millennials who are currently working said they were actively looking for a different job."
   Next »

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