The Equal Employment Opportunity Commission (EEOC) issued 14 additional answers to frequently asked questions (FAQs) regarding what employers can and cannot do to comply with federal fair employment laws during the COVID-19 pandemic. The new answers address the definition of “disability” and how to determine whether an individual with COVID-19 …
Around 20.2 million workers left their employers between May and September of 2021. In the time of the Great Resignation, hiring and retaining workers has never been so important. With so many people retiring, employers are looking to Gen Z to fill the gaps, but this new generation has different …
When the COVID-19 pandemic hit, mental health and financial wellness took a massive blow for people around the world. Layoffs and furloughs skyrocketed. With the lack of work came a lack of income. Household debt in the United States rose $286 billion in the middle of 2021. Many felt the …
At the start of the pandemic, much about COVID-19 was unknown: how to treat the virus, when would a vaccine be developed, and the costs of effectively treating the virus. Previously, insurers waived the costs of specified COVID-19 related services (i.e., emergency room copayments, testing charges, and hospital stay deductibles). However, …
What is a Flexible Spending Account (FSA) Many employers offer their team the opportunity to enroll in a Flexible Spending Account (FSA). FSAs allow employees to put away pre-tax dollars to spend on eligible healthcare products and services. However, when an employee puts money into their FSA, they must use …
Open enrollment is the only time employees can enroll in a health insurance plan or make changes to their current benefit elections, unless a specified life event occurs (marriage, childbirth, etc.). If an employee misses their opportunity to participate in open enrollment, they will have to wait until the following …
When employees are well informed about their benefits, they are more inclined to make smart decisions that protect their health and financial well-being. Furthermore, educating employees about the value and range of their benefits can cultivate trust and confidence with their employer, which can have a positive impact on recruitment …
Open enrollment is an opportunity to showcase an organization’s benefits package and the value it provides to employees — with the hope of curbing rising turnover rates. Within the last year, employees’ priorities have changed. Consequently, employees may be seeking enhanced offerings to better protect their health and well-being, while …
Over the course of the year, we have seen increased demand for well-being programs and mental health resources from a wide array of employee populations. To meet this demand, employers have been prompted to create, or ramp up current well-being offerings, which can electrify a healthier and more engaged workforce. …
Flexible Spending Accounts (FSAs) can be an asset to any employee benefits package because employees can set aside pre-tax funds to be used for eligible healthcare expenses. Due to the nature of the public health emergency posed by COVID-19 and the unanticipated changes in availability of certain medical care, you …
The COVID-19 pandemic has heightened the importance of employee benefits for individuals across the country; however, uncertainty regarding what resources are available can hinge on the ability to maximize these benefits. With healthcare costs increasing and traditional in-person appointments steadily resuming, employees are also expressing concerns over how themselves and …
In an effort to address the growing need of mental health support for workforces across the country, companies have rolled out wellness-specific programs and platforms to better serve their employees. According to a recent survey by virtual mental health platform Ginger, 92 percent of CEOs reported that their companies have …
As COVID-19 vaccination rates increase across the country, organizations that experienced workplace closures and needed to adjust to remote work environments are beginning to reopen. In a recent survey, LaSalle Network asked 350 corporate executives how they think their workforces will be modeled in the next year — approximately 77% …
Employers have consistently had to pivot and adjust their benefits to accommodate employees’ everchanging lifestyles and healthcare needs. Because of this, employee benefits have strengthened the relationship between the organization and employees. Disability insurance is an employee benefit that provides valuable income protection when employees are faced with unexpected physical …
No matter how hard you try to avoid them, the unexpected is inevitable. In fact, more than 80 million individuals in the United States seek medical treatment for injuries each year and 43 million go directly to the emergency room. Whether it is a sports injury, a car accident, or …
