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 discuss mental health awareness month, how employers can prevent the misuse of benefits, what's next for student loan benefits and more! Click To Tweet
It’s Time To Remove The Barriers, Stigma Around Mental Healthcare
Mental health is costing employers big bucks and it may be because workers aren’t getting the treatment they need. Low rates of engagement in treatment are costing employers an estimated $226 billion annually. And only one in eight employers even have data that directly connects mental health with overall health and performance. See what some employers are doing to change this troubling trend on Employee Benefit Adviser.
5 Ways AI Can Support Employer Branding Strategies
How candidates and employees perceive the employer brand permeates every interaction they have with the organization. With artificial intelligence (AI), employer branding strategies can become more than plans, policies, and promotion – they can be the pillars on which the identity of the organization rests.
BenefitsPRO 2019 Voluntary Survey: Change Is In The Air
Brokers are optimistic about the near-term growth potential of their voluntary business; however, to ensure they can take full advantage of the opportunities, brokers must be aware of how the market is changing. This year’s BenefitsPRO/Eastbridge voluntary benefits survey collected data in February and March of 2019 from approximately 250 producers. Check out this results of this year’s survey!
3 Trends That Will Shape Recruiting In 2019
In 2019, employers will entice applicants by hiring for soft skills and potential, offering more-flexible work options, and being more open about pay.
When surveyed by LinkedIn for the professional networking site’s Global Talent Trends 2019 report, more than 5,000 recruiters and hiring managers in 35 countries identified these three trends, among others, as creating the greatest change in the workplace. See the results on SHRM.
What’s Next For Student Loan Benefits?
More employers are recognizing the value of offering student loan benefits. From Travelers Insurance to automaker Fiat Chrysler, a growing number of companies are adding programs to help workers repay their debt. But what’s in store for the benefit’s future? Employee Benefit News recently sat down with Scott Thompson, CEO of student loan benefit provider Tuition.io, to discuss trends in repayment plan design, legislative changes and what this means for retiring employees. Check out the full interview.
6 Ways To Prevent Misuse Of Employee Benefits
Thirty-five United Airlines employees were recently fired for abusing their family travel benefits, but how can companies ensure employees are using their benefits appropriately?
HR should handle the actual tracking of benefits usage, but managers should be educated on how to identify and report signs of misuse or confusion. See best practices and learn how to handle sensitive situations with these tips from BenefitsPro.
This Week in PlanSource | Benefits Benchmark Webinar & Free Report
With nearly 4.5 million consumers receiving their benefits on the PlanSource platform and more than 91 million benefit elections to reference, we’ve got plenty of user data to draw insight from. Join us for an exclusive first look into the key insights from the first annual PlanSource Benefits Benchmark Report. We’ll discuss the top trends in employee benefits enrollment, benefit types offered, contribution amounts and more; and we’ll break down what all these trends mean for creating a cost-efficient, competitive benefits strategy.
Thought Of The Week
57% of people say that if their employer proactively supported their mental wellbeing, it would help them to feel more loyal, be more productive and take less time off work – Health Shield 2018
How are you supporting mental health in the workplace?