Tag Archives: total rewards

Benefits NPS: Making Sure You’re Offering the Right Resources

In times of crisis—and all other times, too—employers need to be able to communicate the most helpful resources to employees in the right moments. Especially now with the COVID-19 pandemic on the mind, ensuring easy access to useful information about health benefits is crucial. But in order to communicate the right benefits, you need to have the […]

3 Pillars of a Total Rewards Package that Resonates

The low-unemployment forecast is one of the biggest reminders that compensation alone is not enough to compete for talent. While it will always be an important factor in attracting employees, financial compensation remains just one piece of the nebulous puzzle that everyone calls total rewards. Picking the right benefits to offer is crucial. They make […]

For Best Practices in Benefits, Follow this Framework

According to a recent Harvard Business Review (HBR) study, only 28% of corporate leaders say employees take full advantage of their healthcare coverage. For many companies, that’s their single most expensive benefit. In fact, it costs large U.S. employers nearly $15,000 per employee with family members. Meanwhile, many employees aren’t even confident they know the […]

3 Steps for Using Benefits to Create the Workforce You Want

HR leaders know it can be all too easy to take a simplistic view of benefits, only offering basic choices that allow them to “check that box.” But the reality is benefits can be so much more than that—they can be used as a strategic tool to reach those business goals you’re after. Our Forrester-conducted […]

Employee Satisfaction: Boost it with Benefits Based on Value

More than 80% of U.S. workers say their job satisfaction is tied to benefits satisfaction. Some might say that makes an HR director’s job easy—but they’d be wrong.   The reality is employee satisfaction is very much a moving target. In a still-tight job market, HR and benefits teams need to manage an increasingly complex set […]

How to Keep Company Alumni Engaged—and Why You Should

In 2009, the only business that seemed to be growing sharply was outplacement. That year, the nation’s unemployment rate skyrocketed and hiring barely budged. Fast-forward to present day with unemployment at around 4%, following a record-breaking 2018 in which national job turnover figures were the highest they’d been in 17 years. What a difference a […]

From Nice-to-Have to Must-Have: The Evolution of Benefits

Just as the work landscape has changed over the years, employee benefits have evolved, too. Embracing a unique mix can make all the difference. Once upon a time in the United States, men were the primary wage-earners in two-parent households, employees expected to stay with the same company for a lifetime, and wages were the […]

Can Benefits Stay Relevant After an Employee Leaves? Look at the Entire Employee Lifecycle

We recently explored how using benefits as a tool to recruit and retain can help you create the workforce you want. This covers employees in two stages: pre-hire and post-hire. Now let’s think beyond that—there is a subsequent piece in the employee lifecycle. How can benefits play a role after an employee leaves the company? […]

How Did We Get Here? A History of Benefits

We work with HR professionals in a variety of businesses—some who are new to the benefits industry and others who have spent decades in the field. Total rewards is a relatively recent invention from the aughts, but the roots of what most employees expect today go back nearly 400 years! And from the start, it […]

Improve the Benefits Experience for Everyone—One Person at a Time

The well-worn expression, “can’t see the forest for the trees,” is invoked to suggest an excessive focus on details at the expense of the bigger picture. In the world of benefits, we might need to turn this familiar phrase on its head and talk about not seeing the trees for the forest. Let me explain. […]