Employee Benefit News | Employee Benefit News
How employers can empower their workforce by focusing on knowledge, inclusion and well-being. Our coverage this week included articles about how to keep an older workforce engaged, how DEI efforts are being transformed, and how to navigate rising healthcare costs. By Mary Ellen Egan. November 8. 1 Min Read.
EY uses data to help managers improve employee wellness
Apr 2, 2024 · EY surveyed participants at the start and end of the program and found an 18% increase in energy, an 11% increase in employees' ability to think more clearly, and a 14% decrease in rumination, which often can be a distraction to productive work. "This idea of focus and working in a non-distracted way, we recognize the impact to our brains and ...
EBN Resources - Employee Benefit News
Web Seminar Tackling benefits costs and improving employee health with direct primary care. In a recent research study, EBN investigated current HR priorities, challenges, concerns and approaches to improving employee health. During an education web seminar on this topic, our speakers will explore these findings and provide actionable insights ...
15 Best Employee Engagement Software & Tools - Employee …
Feb 20, 2024 · Best Employee Engagement Software & Tools in 2024. With so many different employee engagement tools on the market today, and with such varied functionality between current options, it can be difficult to find one solution that meets your exact needs. Thankfully, we've taken the time to review the 15 most common employee engagement platforms ...
10 companies with innovative benefits packages
Apr 17, 2017 · Microsoft. Their big offering: A 401 (k) with a generous match. What’s new: In January, Microsoft increased the company’s 401 (k) match program, matching 50% of employee deferrals up to $9,000 per year. That’s a significant increase from the company’s previous employer match, which was 50% of the first 6% employees deferred, to a ...
Benefits Think - Employee Benefit News
Benefits Think Hybrid workforce model serves as antidote to nursing burnout. Paving the way for virtual care arrangements strengthens care quality while easing pressure on frontline nurses, making good business sense for healthcare systems. Views and commentary on current benefit industry topics by EBN editors and guest contributors.
This insurance company got rid of deductibles and copays
Jan 19, 2022 · Gravie offers the Comfort Plan, a copay and deductible-free option, which differs from most traditional plans, where consumers pay these fees on top of monthly premiums for coverage and protection, says Simmons. “To add insult to injury, people are not only paying these really high premium prices that keep going up, but they're also paying ...
A guide for reference based pricing | EBA - Employee Benefit News
Oct 22, 2019 · Employers and advisers alike have been buzzing about about reference-based pricing (RBP) — a relatively new method for managing health costs set outside traditional insurance carriers. While a small number of employers have implemented RBP, it has helped some companies save money. For example, Pacific Steel saved $5 million in annual health ...
What is a qualified medical expense, according to the IRS?
Sep 26, 2024 · The IRC allows an itemized deduction for medical expenses that exceed 7.5% of adjusted gross income. IRC Section 213 (d) (1) defines "medical care" as amounts paid for "the diagnosis, cure, treatment, or prevention of disease, or for the purpose of affecting any structure or function of the body." Expenses that are merely beneficial to general ...
Best Employee Recognition & Rewards Software and Platforms
Feb 28, 2024 · Designed to empower employees by recognizing top employees and rewarding their efforts, Cooleaf uses surveys, third-party integrations, and various incentives to gamify the entire experience. One of the most popular options available today, Cooleaf easily makes our list as one of the best employee recognition programs. Phil Strazzulla.