2016 is coming to a close, and we’re on the brink of ringing in a new year that will undoubtedly bring new complexities and challenges to employee benefits. In 2017, it will be more important than ever to stay informed of the latest trends and issues emerging from the benefits landscape, and though January hasn’t begun, it’s never too early to start. Here are three benefits trends to look for in the year ahead.
Our recent webinar, “Compliance Countdown: 5 ACA Tips So You Don’t Drop the Ball in 2017,” featured three expert speakers offering key strategies to help employers hit ACA compliance deadlines with confidence – and with their sanity still intact!
When you think of empathetic workplaces, the first industry that comes to mind is the government, right? Yeah, didn’t think so.
You’re not alone: 70 percent of the Americans we surveyed agree with you. Just 31 percent of respondents in our Workplace Empathy Monitor view the government as an empathetic industry – the lowest-ranking sector across the six that we examined.
Wow. What a year.
It feels as if it’s been nothing but a relentless barrage of political attacks that the candidates have heaped on each other, and both sides seem to have lost focus that elections are not a two-person race with a gold medal at the end. Elections and their outcomes impact millions of people and businesses. People want leaders that are able to understand and feel what they are experiencing in their day to day lives. They want empathy.
Imagine working for a global company. You’re the same as any other employee – you do your job, enroll in benefits for yourself and your family, pay your taxes, and contribute to a 401(k) for the future. There’s one big difference, though: Your home base is in Antarctica, where the average annual temperature is -49 degrees and two weeks out of the year the sun doesn’t rise at all.
In the 21st century, benefits professionals can feel like David working to overcome Goliath-like concerns around rising costs, employee engagement, regulatory compliance, data security – all while meeting business objectives.
With so much to do, it’s easy to take charge and make executive decisions based on what our employees want … or, rather, what we think they want. It’s with the best intentions, of course. However, many times, leaders are so committed to what they think is right for their organization, a project, or customer that they become resistant to persuasive arguments – or hard evidence – otherwise, to the detriment of the group they’re leading. We’re all guilty of doing it at some point right? I know I am.
I recently received my copy of the newest issue of Leader’s Edge magazine. The publication is a thought leader that not only measures the pulse of the insurance marketplace, but may even quicken the pulse for some. One of the lead stories this month is “The Ramen Noodle Effect.” I knew immediately that the article would be about college debt.
Late last year, we were thrilled to sign on as a client a global contractor that’s providing critical mission support to the U.S. and its allied partners. While I can’t mention the contractor’s name or the specific missions it supports here at home and around the globe, trust me when I say that for these employees, Businessolver’s mission is clear: Make understanding and choosing their benefits as engaging, simple, and intuitive as possible so they can get back to their important work around national security.
Months of planning go into the most important time of the year for us HR pros – annual enrollment. After all of the research, planning, negotiating, and preparation, one last hurdle remains before enrollment begins: Presenting the benefits strategy to the C-suite. The presentation is a big moment – a time to shine and highlight HR’s role at the table with senior leaders.
To help you nail it and get unanimous C-suite support, we recently held a webinar session about how to sell your benefits strategy to the C-suite, featuring two experts who shared techniques to ensure a successful meeting. If you missed the live session, don’t worry! The entire presentation is available now for on-demand viewing. Too busy prepping for AE for an hour webinar? Here are our experts’ five best tips and tricks:
We recently released our Businessolver Workplace Empathy Monitor, a hallmark study that examines the role empathy plays in the workplace. What we found is that empathy matters, and not only within the four walls of your office building. Empathy is good for business across the board.
For example, we found that 42 percent of people are more likely to buy products from an organization that demonstrates empathy and 40 percent would recommend the organization to a friend. Conversely, 42 percent of people are more likely to refuse to buy products from an organization that is not empathetic.