Benefits

Benefit selection and communication will often need to be customized to provide an ‘optimal employee experience’ for those with atypical thought or behavior patterns.

The state-facilitated retirement savings program surpasses savings milestone as it reaches final phase of rollout.

Morningstar research examining a sample of shareholder proposals showed Vanguard opposed almost three-quarters of resolutions linked to environment, social and governance considerations.

Many employees are investing in mental health care and value employers who offer mental health benefits.

Plan sponsors have driven plan participation in the last 15 years to a record high in 2022, Vanguard reports.  

The three-year freeze on student loan payments ends August 29, and plan sponsors have an opportunity to help relieve employees’ financial stress by offering student loan benefits.  

A bill to create a similar auto-IRA program in Pennsylvania is awaiting a Senate vote.

Employers in disparate principal businesses approach RFPs versus RFIs differently, as plan sponsors perform searches for employee benefit providers

As most retirees no longer rely on a pension for lifetime income, plan sponsors should be exploring benefits that will support this population of participants.

Plan sponsors who want to continue serving their retirees need to give them a reason to stay.

The transaction with Legal & General and RGA is intended to secure the retirement benefits of more than 4,000 PPG retirees.

25% of HR leaders said they are cutting back on employee financial benefits to prepare for a recession, a Morgan Stanley at Work study reveals. 

Unclear communication from plan sponsors too often gets in the way of participants fully understanding the benefits available to them. 

The 2023 awards recognize 34 plan sponsors across nine categories.

Employers use the help of a consultant searching for employee benefit vendors, narrowly for certain tasks or pricing only and not at all.  

Legislators in Missouri and Minnesota passed bills to expand access to retirement savings for private sector employees, and Vermont legislators voted to change its approach.

Nurse turnover remains high, and employers can improve their overall retention by implementing benefits both old and new. 

Employers expect to return employee well-being benefits to pre-COVID levels in 2024, bringing back yoga, meditation classes, Fidelity and Business Group Health research shows.

The employer-provided Tuition Reimbursement Account could help participants pay for expenses like tuition, books, registration fees and more. 

The retirement consultancy brings on actuarial expertise with acquisition of Hooker & Holcombe.