Archived Results - 2016

8 benefits trends to watch in 2017

Employer-provided benefits will continue to evolve in 2017. From new enrollment technologies to outsourcing benefits administration, here’s the top eight influential benefits trends to expect in the year ahead.

Workplace benefits: The new employer battleground

All’s fair in love and war, as the saying goes. But on the employment battlefield, there’s another arena where all is fair: in the battle for the best and brightest employees. Companies are pulling out all the stops to make sure their employee rosters are stocked with individuals with strong talents.

Are employers spending wisely?

According to the Aflac WorkForces Report, employees were more interested in maintaining health care benefits than other company activities.

Millennials: The debt-averse, insurance-buying generation

Millennials’ aversion to debt and traditional investment plans may explain why, according to the 2016 Aflac WorkForces Report, they are the first in line when it comes to voluntary insurance coverage.

3 ways to control employee turnover

Turnover is inevitable, but don’t let it be the result of things you can control — your company’s culture, leadership and benefits.

The value of voluntary benefits

It’s not all about salary – according to results from the 2016 Aflac WorkForces Report, 60 percent of employees are likely to take a job with slightly lower pay but a more robust benefits package. The report further suggests a link between voluntary benefits and financially sound companies and employees.

Career coverage: The voluntary insurance need at different life stages

Voluntary insurance policies are optional benefits that employers may choose to offer to employees, who usually pay the premiums. Voluntary insurance helps ensure people who are sick or hurt have the funds they need to pay health-related costs their primary insurance might not cover, such as deductibles, copayments and prescriptions. Plus it helps pay the regular bills such as rent, utilities, car payments and groceries that continue to roll in even if a person is too ill or injured to work.

The reality of high-deductible plans

Employers who offer HDHPs save on health care costs, and by being conscientious about preventive care and medical procedures, employees may save, too.