The Source: Weekly Roundup – July 8th, 2019

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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 explore employers' ethical obligations to gig workers, how to turn open enrollment into a full marketing plan, key disability insurance trends and more! Click To Tweet

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What are Employers’ Ethical Obligations to Gig Workers?

“Gig work” is generally defined as task-based, contract-driven work that can be sourced, scheduled, managed, shipped and billed on demand through the internet. As gig work has become more and more popular, the devaluation of gig workers has also increased. Our society has built an economy around gig work without a system of supporting the people making valuable contributions to it. Learn what employers should do to support gig workers from SHRM.

Turning Open Enrollment Into a Marketing Plan

Instead of viewing benefits as a list of expenses, HR professionals might improve enrollment and therefore employee retention and loyalty by approaching benefits like a product they’re selling to employees with impactful marketing techniques. By determining your audience demographics, figuring out the best channels to reach them based on that data, and then designing your message to fit those channels, HR professionals can engage employees on their benefits like they would for any other product. Get the full scoop from BenefitsPro

excited employee during open enrollment

Why Your Employee Turnover is Exploding – By the Numbers

Turnover rates are the highest they’ve been in a decade, and taking a data-driven approach to retention is key to ending this debilitating and expensive trend. Turnover replacement costs at some job levels can exceed four times the employee’s salary. What are the most powerful and effective strategies to use to improve retention, and predict and prevent potential turnover? Get the rundown from TLNT.

5 Ways Employers Can Improve Wellness Programs

Midsize and large employers are expected to spend an average of $3.6 million on wellness programs during 2019, and many employees are reporting positive outcomes from these initiatives. However, not all wellness programs are created equal: employers need to make sure they are offering the right kind of programs and taking advantage of the right strategies.

employee wellness program

Check out Employee Benefit Adviser for 5 strategies employers can consider to get the most out of their wellness initiatives.

5 Key Disability Trends

Disability insurance should be a staple for a family’s financial foundation. It protects people’s most important asset: their ability to earn an income. It’s also a critical part of a benefits portfolio for any employer looking to offer a competitive package and help offset the rising costs of healthcare. As the world’s largest provider of disability insurance, we know a lot about what causes disability. Here are 5 intriguing trends Employee Benefit News found in a 10-year review of Unum’s disability claims data.

Employee Marijuana Use: Is Your Organization Prepared?

Employers operating in states that have legalized marijuana use may be having a tough time figuring out how to handle a worker who smoked pot the night before. A recent Paychex survey bears out this dilemma for employers: more than one-third of business owners with fewer than 500 employees say they are not yet prepared to manage the impact of legalized marijuana on the workplace.

HR meeting

How prepared are you for marijuana in the workplace? Find out with this BenefitsPro review.

This Week At PlanSource: 5 Steps For HR Tech Implementation Success

Does the word ‘implementation’ send chills down your spine? If so, rest assured you are not alone. Implementing a new benefits or HR technology system can be a long, involved process—but it doesn’t have to be painful. If you’re wondering how implementation can possibly be painless or where to get started, we’re here to help. Put your best foot forward by following these five steps for HR tech implementation success! 

Review The Blog

benefits tech implementation

Thought Of The Week

64% of millennials say benefits are extremely or very important to employer loyalty – Qualtrics 2017

What are you doing to recruit and retain top millennial talent? 

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