Handling your finances can be challenging, especially for employees. Not only are workers losing sleep at night because of looming debts or financial insecurity, but the negative impact of those issues is also spilling over into the workplace. Research commonly suggests that poor financial health affects employees’ overall mental and physical wellness and workplace performance. …
Employee Financial Health and the Impact at Work Read More »
According to Forbes, 33 percent of American adults have exactly $0 saved for retirement, and a further 56 percent have less than $10,000 saved. These poor financial decisions and unhealthy habits are affecting the bottom-line of the organizations they work for, in more ways than one. Financially unfulfilled employees are less than ideal in the …
Employee engagement is key to running a healthy, successful company. But it’s notoriously difficult to measure. How can you get a solid read on employee engagement? The answer is simple: engage with your employees. Employee surveys, when utilized properly, can be instrumental in gauging employee satisfaction and engagement. Consistent, quality feedback is essential to meeting …
Trust is the basis of all strong relationships. Without trust, there can be no open communication, no improvement, and ultimately, no success. A Towers Watson Workforce Study shows that only 55% of surveyed employees in the United States had “trust and confidence” in their senior leaders. This lack of trust between employer and employee can …
How to Improve the Employee Experience Through Rebuilding Trust Read More »
Healthcare Savings Strategies I, II, and III Healthcare is only getting more expensive Traditionally insured healthcare costs are increasing yearly at exorbitant rates. With the original cost of each claim so difficult to ascertain, it becomes impossible to gauge the appropriate cost to employees and employers. 1 in 5 companies sees an annual rise in …
A Profit-Focused Approach to Group Healthcare for 80 to 1,000 Insured, Employee Groups Read More »
Do you know how much your 401(k) offering really costs? It can sometimes be hard to tell, with fees and charges coming out of earnings before employees even see them. Some fees will always be inevitable, but knowing which charges to avoid can help you give your employees a highly successful retirement savings fund that …
These Hidden 401(k) Fees Can Cost Workers Years of Hard Earned Retirement Savings Read More »
Today, technological transparencies are being applied to almost every aspect of our lives, to the benefit of consumers. Being more informed about costs and procedures means you can make more informed decisions. Yet despite this progressive trend, the conventional 401(k) fee and service models still continue to conceal billions in fees that simply are not …
401(k) Fees Explained: The Necessary vs. Unnecessary Read More »
There’s a popular term being thrown around, “employee engagement”. We’ve seen it mean everything from having sleeping pods in the office to software platforms that connect management to their employees. Well, just so we’re clear: A recent Gallup poll shows that 66% of America’s workforce is disengaged AND would leave for AS LITTLE AS a …
Aren’t 401(k)’s supposed to help companies retain employees? Did you know that only 38% of all employees who are offered a 401(k) choose to contribute, and that number drops to below 30% when segmenting millienials only. Why don’t employees contribute, especially when there’s a match?? Checkout this article to learn why…. There’s a popular term …
Your company culture is the heart of your business. It reaches every corner of your company and if you don’t take care of it, you will see your business weaken. Company culture is a selling point. It helps you recruit new talent and retain the employees you have. Yet many companies neglect this fundamental aspect …
Your 401(k) plan is one of the strongest parts of your company’s benefits package. Offering employees a reliable way to save for retirement not only helps attract top tier talent, but it bolsters retention and employee engagement levels. These are major benefits that you won’t be seeing if employee participation in your 401(k) plan is …
Your 401(k) Plan: Why Aren Employees Contributing and What You Can Do About It Read More »
It’s no secret that health care is expensive. Yet providing a comprehensive benefits package to your employees is essential to retention, engagement and the overall health of your company. So how do you make sure your employees are getting the coverage they need without breaking the bank? Switching to a self-funded healthcare plan can provide …
