Employee Benefits

As we look towards a future intertwined with technology, it’s clear that human capabilities, particularly soft skills, retain their relevance in the workplace. Amidst the surge of AI, inherently human attributes—understanding, empathy, and the capacity to negotiate and lead with emotional intelligence—remain crucial for a well-rounded, effective team dynamic. Creating an integration of AI and…

It’s a fact that employers cannot ignore: employee turnover is a fact of business, and the costs of replacing an employee are high. It’s estimated that replacing an employee costs 3 to 4 times that employee’s average annual salary. For example, if an employee’s average salary is $75,000, it will cost anywhere between $225,000 –…

Employers know employee benefits are important. 80% of employers think benefits increase productivity, and 78% think benefits increase loyalty. Employees want the total compensation package, which includes salary, company culture, and benefits. Since employee benefits are such a major investment, it’s crucial to have a plan in place that ensures employees are getting the most out…

As we step into 2024, the world of employee benefits continues to evolve. Understanding employee benefits trends isn’t just about keeping up with the latest perks; it’s about delving into what shapes employees’ working lives and wellbeing, and also the willingness of employers to tackle the trends and offer the benefits their employees want and…

Humans tend to put themselves into metaphorical boxes, defining their abilities and characteristics in rigid, “either/or” ways. Consider this: Many people claim they’re analytical and not creative, believing these traits to be mutually exclusive. However, this binary thinking of “you’re either creative or you’re not” is restrictive. The brain is not divided into only “creative”…

    The Patient-Centered Outcomes Research Institute (PCORI) fee established by the Affordable Care Act helps fund research to evaluate and compare health outcomes, clinical effectiveness, risks, and benefits of medical treatment and services.  The fee is currently in place through 2029.  In Notfice 2023-70, the IRS announced that the PCORI fee for plan years…