Employee Benefit Adviser - November 2020

Adviser of the Year

COVID-19 has forced changes in work behavior as employees adjust to a new reality. Here’s how the Advisers of the Year did it during a year of massive disruption.

When deploying an active open enrollment process, a well-timed strategy can have a powerful impact on adoption.

Comprehensive managed benefits, accessible to all employees, protect organizations against unexpected costs, and give employees the support necessary to get the best treatment the first time.

With COVID-19 creating a new normal, employees may need benefits that can help them find care for their aging loved ones so they can focus on their work.

Retirement security in the U.S. is facing elevated threats of lower interest rates, recession, income inequality and climate-related natural disasters.

The original purpose for a 401(k) plan was not supposed to be the primary retirement vehicle for U.S. employees, says Harry Dalessio, the head of institutional retirement plan services at Prudential Retirement.

Less than half of women surveyed by Bank of America said they feel financially stable. Financial wellness benefits can be a critical tool.

Burnout costs employers up to $190 billion per year in healthcare costs. As rates continue to rise, employers need to consider how to support their struggling employees.

A new survey shows that employers are now projecting lower budgets for salary increases next year than they did in the spring.

This year’s open enrollment will require new strategies and better tools for employees to make the most informed decisions regarding their benefits.

Principal’s Kara Hoogensen shares perspectives on the future of benefits, and how employers can think through a recalibration for a continued COVID-19 world.

Health Advocate has launched a return-to-work solution to support employers as they develop and implement workplace reopening plans.

Before organizations require their workforce to march back to the office and pick up exactly where they were prior to the pandemic, let’s be careful we are solving the right problem.

At the end of the day, consumers are accustomed to an Amazon-experience where they can easily interact and engage with an online platform to assist in making many of their decisions.

An employer’s insurance offerings are a core consideration when choosing a job, so it’s critical that in addition to comprehensive health insurance, you’re also offering robust life insurance options.

“No one should have to choose between voting and earning a paycheck,” says Dan Healey, head of human resources at SAP North America.