We are only a few months removed from our last issue of The Current Insurance Report and new challenges have emerged. These come alongside the ongoing concerns of employers and HR teams. We’re pleased to release the third and final issue of our 2022 The Current Insurance Report, focused on smart investment in your workforce.
“The first step to smart benefits investments is to understand who you are investing in,” said Co-President, CEO, and publisher Andrew Bloom. “This cannot be done without robust and accurate data.”Request Instant Full Access to The Current Insurance Report 2022-3.
Benchmarking and demographic surveys provide useful insights into the composition of your workforce and the benefits of your competitors. We look at how this data helps organizations to identify the changing needs and priorities of employees and determine whether their benefits package addresses those needs.
This investment includes more than just compensation. Investment in employee support and wellness can create meaningful impact for the organization and its workers. Low utilization of employee assistance programs (EAPs) can lead to employers underestimating their value. However, even with limited use, EAPs can be some of the most cost-effective benefits you can offer. This issue takes a closer look at these programs, along with how to implement wellness incentives more effectively.
“It’s well-known, but worth reiterating, that employees are the most important aspect of any organization,” said Co-President, CEO, and publisher Mike Lisa. “From a strictly business perspective, their salaries and benefits represent significant budget line items, so these investments must be made strategically.”
Finally, several compliance deadlines are quickly approaching. We review advice to help your organization steer clear of common and emerging risks.
The Current Insurance Report will return next year for another three-issue run of employee benefits insights and guidance. Subscribe now so you don’t miss out.