Survey – Mercer Foresees 4.4% Higher Employee Benefits Costs in 2021

mercer employee benefits

According to a survey, Mercer employee benefits costs are expected to rise by an average of 4.4% in 2021, though projections vary widely due to numerous unknowns. This summer survey coincided with a gradual rise in healthcare utilization following a dramatic spring slowdown, further highlighting the challenge. Also, self-funded employers faced the difficult task of […]

What Are The Five Key Pillars Needed To Build A Successful Total Rewards Strategy in 2021?

Five Key Pillars Needed To Build A Successful Total Rewards Strategy

There is bountiful evidence proving that rewards and incentives are one of the best workplace benefits that can boost employee engagement and productivity. Also, having a rewards program at the workplace gives the organization a competitive edge in the market, which helps with better employee retention rates and lower turnover costs. In short, rewards and […]

Study Shows 4 Ways for Health Benefits Managers to Explore Value-Based Health Care

Study Shows 4 Ways for Health Benefits Managers to Explore Value-Based Health Care

Value-based care is quite a common term used amongst healthcare providers and members. However, it is rarely used by health plans and benefits managers. Off late, benefits managers and health plans have been trying to understand better the correlation between employee health and wellness, and business productivity. With COVID-19 impacting businesses and the economy, employee […]

Survey – Employer Expectations Of COVID-19 Vaccination Requirements For Employee Wellness

Employer Expectations Of COVID 19 Vaccination Requirements For Employee Wellness

Companies have changed their back-to-workplace strategies to ensure employee wellness and safety. However, with time, a few questions are arising which do not seem to cease the uncertainty. Many pulse surveys were conducted seeking feedback about the same from wellness professionals and employer groups. A particular employer pulse survey conducted by a renowned wellness organization […]

Addressing Financial Insecurity and Mental Health in the Workplace

financial insecurity

Financial insecurity has become a significant concern for employees, especially in today’s tough economic environment. With the rising costs of living and wages not keeping up, many workers are experiencing heightened stress and anxiety as they struggle to cover their basic financial needs. This instability not only affects their daily lives but also harms their […]