At the end of every calendar year, most employees will experience changes in one or more of the following categories: compensation, benefits coverage, or position. These changes will all need to be communicated to employees as well as any schedule changes due to the holidays, any fun social events and changes to company policies.
Financial stress is at an all-time high thanks to the pressures of the pandemic and the uncertain labor market. That’s why financial wellness benefits are so important. Learn what financial wellness benefits look like, specific examples of common and new financial wellness benefits, how they can help your employees, and how they can help your company.
Now more than ever employers need a strategic approach to open enrollment to ensure their employees receive the information they need to make the best decisions for their health. Lively's Open Enrollment Survival Guide lays out proven strategies benefits brokers and employers can use to effectively maximize engagement, reduce costs, and increase employee satisfaction during open enrollment season.
Stay up to date on the latest news delivered straight to your inbox
Expect a friendly hello in your inbox.
A Section 125 Cafeteria Plan is a document employers maintain to enable employees to contribute to benefits like HSAs and FSAs. These plans give employers tax benefits and flexibility in determining rules regarding plan eligibility and other details.
A survey of 1,000 randomly selected U.S. Adults was conducted to gauge physical and financial health decisions across the U.S. Rising healthcare cost, and the short-term financial impact from COVID-19, have reinforced healthcare as a top priority for employees. Read the full report.
In response to findings from the 2020 HSA Spend Report, Lively gathered a panel of experts to guide employers and brokers through HSA spending trends amidst the pandemic, regulatory changes affecting HSAs and FSAs, and the ways that an HSA and qualifying health plan can lower healthcare costs, increase benefits satisfaction, and address benefits instability. We also offered recommendations for preparing and adapting 2022 benefits packages according to recent healthcare trends.
Disclaimer: the content presented in this article are for informational purposes only, and is not, and must not be considered tax, investment, legal, accounting or financial planning advice, nor a recommendation as to a specific course of action. Investors should consult all available information, including fund prospectuses, and consult with appropriate tax, investment, accounting, legal, and accounting professionals, as appropriate, before making any investment or utilizing any financial planning strategy.