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 the top ten health conditions that are costing employers the most, an update on the student loan debt crisis, how artificial intelligence could disrupt HR in the near future and much more!
7 Financial Tips For New Parents
Starting a family is an important goal for many employees and ensuring your workforce is financially prepared for this next chapter is a great way to retain your top talent in the long run. Offering parental perks like paid maternity leave, childcare assistance, or pre and postpartum counseling are a great way to start. However, this is just the tip of the iceberg when it comes to long-term family financial planning. Prepare your new parents for success with these seven financial tips from Unum.
Top 10 Health Conditions Costing Employers The Most
As healthcare costs continue to rise, more employers are looking at ways to target those costs. One step they are taking is looking at what health conditions are hitting their pocketbooks the hardest. In IFEPB’s Workplace Wellness Trends 2017 Survey, more than 500 employers were asked to select the top three conditions impacting plan costs.
Game-Changer: The Digitalization of Employee Benefits Delivery
The 2018 Guardian Workplace Benefits Study has revealed interesting trends related to the evolution of HR technology and how providers are giving employers more access to digital solutions to help manage benefits and plan more effectively. Results indicate that 2 out of 3 employers are now digitally managing benefits and 4 in 10 organizations cited outsourcing as a top benefits strategy, up 41% since 2014. Read more survey results in the Guardian recap.
3 Key Considerations For HR Leaders When It Comes To Machine Learning
If you’ve been following the news about technology trends in the workplace, you’re probably aware of how artificial intelligence (AI) will fundamentally change the way we work. As a result, you might be thinking about how it can be leveraged to drive value for the HR function. Learn more about what AI actually is and how it is disrupting HR in this Willis Watson Towers review.
The Student Loan Debt Crisis Could Become A Catastrophe
Student loans have seen almost 157% in cumulative growth over the past 11 years, adding up to $1.5 trillion in student loans – and this number only continues to grow. Student debt has also led to a decline in homeownership and the demand for other goods and services, having a significant impact on the economy. Read more about how bad the crisis could get in this Bloomberg article and learn more about student loan repayment as an employee benefit with tuition.io.
This Week at PlanSource: Free Webinar With MetLife
Join Vincent Branchesi from the Group Benefits Center of Excellence at MetLife for a free webinar in which he will provide new and compelling insights to help benefits experts navigate today’s changing landscape. You’ll learn how to think differently about engaging an increasingly diverse workforce while providing the right benefits strategies that meet employee needs and push your organization closer to their business goals.