Revenge quitting is predicted to be a growing threat to employers in 2025, driven mainly by return-to-office mandates, stagnant wages and other factors. Leaders are working to head employees off at the pass through financial wellness benefits and other tailored programs.
Pepsi is one such company, which began its partnership with financial education platform nudge this year to provide staffers access to programs that include educational resources and support for retirement forecasting.
Other notable trends include how employers are working to meet the needs of team members impacted by the California wildfires, the ins and outs of health savings accounts, a popularity surge in weight loss benefits and more.
Dive into the top headlines across the benefits arena below.
Pepsi supports 280k employees with new financial wellness initiative
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Pepsi is making sure employees will be able to navigate
The food and beverage giant is partnering with financial education platform nudge on a "Healthy Money" program, which will support employees across the globe with a personalized financial wellness plan. From
"As we continue to witness a growing need for improved financial literacy driven by external factors such as inflation and economic uncertainty, businesses must recognize the significant impact that poor financial well-being can have on their employees," Tim Perkins, co-founder and CEO at nudge, said in a release. "Personalized, localized solutions can drive meaningful change and improve employee well-being."
How to help employees impacted by the LA fires
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The LA fires have ravaged the Southern California community, displacing nearly 180,000 people and destroying 10,000 structures across the city. Five fires are still actively burning in the area.
The fires are the most devastating in LA's history, and as of the time of publishing, the largest fire sweeping through the Palisades was just 6% contained. While the situation continues to remain fluid, there are ways for employers
"Those impacted by the LA wildfires will look to their communities for solace," says Marie Unger, CEO of Emergenetics, an organizational development company. "Employers can play their part by proactively reacting and responding."
How HSAs pay off in retirement — with caveats
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Health savings accounts could play a crucial and tax-advantaged role for clients' medical costs in retirement, but holding them until age 65 and beyond poses some complexities as well.
The
That's because HSA withdrawals do not affect
Leaders beware: Revenge quitting on the rise in 2025
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With
"Revenge quitting" is an emerging trend where employees voice their dissatisfaction with their job situation before heading abruptly out the door. A
While just 4% of employees intend to quit without notice this year, it's still something HR should be addressing, says Shane Elahi, chief operating officer at Software Finder. When an employee quits, it can be destabilizing to the entire team, he says.
A guide to GLP-1 adoption: How employers can add this benefit in 2025
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While weight loss is a common
According to KFF, just 18% of companies with 200 or more employees cover GLP-1 drugs, a class of medications that reduce blood sugar levels and regulate appetite. Given that these drugs cost $700 to $1,400 a month without insurance, they can pose a financial hardship for employers and employees alike.
However, more companies may consider adding coverage despite the costs in hopes of helping employees prevent and manage chronic conditions like obesity and diabetes.
The caregiving benefits employees need at every stage
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Caregiving takes a toll on people's time, finances and health. The more
Approximately three-quarters of employees fall into the caregiver category, and understanding their needs is crucial to the
"Although working caregivers face many challenges, employers can ease this pressure by
Working Daughter helps support employees dealing with eldercare
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The number of
While the need to offer holistic parental benefits has become table stakes for businesses, an area that gets less attention is offerings that
The Bureau of Labor and Statistics reports there are 37.1 million people providing unpaid eldercare in the U.S., 41% of whom are between the ages of 45-64. The majority of these caregivers (59%) are women, but men are increasingly taking on family caregiving responsibilities as well.
Are you prepared for the 'Great Detachment'? The new trend harming your business
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Employees' dissatisfaction with work and their
Company leaders will have a difficult time retaining and attracting employees through this Great Detachment — as Gallup calls it — if they don't do a better job of setting clear expectations and inspiring employees with a mission they can get behind, says Ben Wigert, Gallup's director of research and strategy for workplace management in Omaha, Nebraska.
"It's important that communication rallies people around why we're doing the work we do, how we do it to best serve our customers and how we ourselves can better develop into our job, into a career that's meaningful to us," Wigert says.
Want to boost benefits engagement? Start smaller
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Lack of awareness and understanding of what's available are major hurdles to benefits utilization, particularly for
Information overload is also an issue, especially as employers expand from core benefits such as healthcare, dental and retirement, to include more voluntary benefits in areas like financial, physical and mental wellness, supplemental insurance, and more.
To avoid overwhelm, provide essential information and then direct employees to more in-depth resources they can "access at their own pace," says Jesse Albro, VP of national accounts at Flimp.
3 ways to update your benefits plan this year
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Employees care about
MetLife research found that eight out of 10 employees want more employer support in their personal lives. They also want a break from
Employers should focus on three key areas to make sure employees get the support they need with the benefits they have: Closing healthcare gaps throughout the employee's entire life cycle, staying consistent with communication, and continuously assessing benefits to see what's working.