Welcome to The Source, your one-stop-shop for the latest and greatest HR and benefits news. Our weekly publication highlights this week’s top stories in human resources, benefits administration, insurance, legislation and more to make sure you can stay on top of industry trends and changes. Start off your week on a high note with The Source!In this week's edition, we cover bonus season and the benefits of bonuses that are more than just cash, new findings about employees' use of health accounts, an update on some key health care lawsuits and more! Click To Tweet
More Than Cash: These are the Bonuses Employees Want
Employees who receive bonuses can rejoice — the practice of giving them out is safe for the coming year. Around 83% of bonus-eligible professionals said they anticipate receiving a bonus this year, according to data collected by HR consulting firm Korn Ferry. However, cash isn’t the only way to reward employees for great performance. See what the survey revealed in this Employee Benefits News review.
How to Boost Lagging Adoption Rates of New HR Technology
Getting any new HR technology system purchased and implemented can be a daunting task. It takes considerable time and effort to demo and compare different vendor software, negotiate contracts, and ensure a smooth and rapid deployment of the new technology. But the work doesn’t stop there. If employees don’t use new systems, the return on investment will fall far short of expectations. Learn how to HR can improve engagement with tech in this free guide from SHRM.
7 Learning Trends on the Rise in 2019
Businesses, government agencies and educators across the country are recalibrating the workforce. To meet the needs of an increasingly digital workspace, upskilling and continuous learning have never been more important. But what’s on the horizon in the learning sphere? See what seven experts had to say in this HRDive interview.
How Well do Employees Understand and Engage with Their Health Accounts?
In this new report, Willis Towers Watson set up to assess how employees are using their health accounts (HSAs) and flexible spending accounts (FSAs) in order to gauge their understanding of how these accounts work and the degree to which they are maximizing their advantages.
The report revealed several key findings, including how even financially literate employees struggle to understand the value of and the differences between health accounts. See the full results on the Willis Towers Watson website.
AI to Break Down Barriers to Health Benefits in 2019
2019 is the year that the health benefits market get smart. Over the next few years, advanced computing technologies, such as artificial intelligence and machine learning, will take the market by storm, moving from vision to full execution. Put simply, the race is on to see who will lead the charge to take the guesswork out of healthcare funding decisions. Learn what’s in store for AI in 2019 in this Employee Benefits News recap.
Key Health Care Lawsuits Stalled Amid Shutdown
The Department of Justice has requested that the latest ACA ruling and subsequent lawsuit be put on hold, as they “cannot complete their work properly due to the government shutdown.” Another class-action lawsuit against opioid manufacturers is also in limbo indefinitely while the shutdown drags on, as DOJ attorneys aren’t allowed to work. Get all the details from BenefitsPro.
This Week At PlanSource: Benefits Almanac Webinar
The benefits world is in a constant state of change, with numerous legislative and economic factors that influence trends in our industry. Being able to roll with the punches will be key in the upcoming year.
Join us for a free webinar with a few PlanSource benefits gurus in which we will discuss emerging developments that benefits and HR professionals can plan for with some certainty as we roll into 2019.
Thought Of The Week
“If you want to improve the organization, you have to improve yourself and the organization gets pulled up with you.” – Indra Nooyi, Pepsi CEO