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What are employee wellness initiatives? (Plus, 5 key initiatives for your team)

Best Money Moves

What are employee wellness initiatives? Wellness initiatives can give your benefits plan a powerful boost. Eighty-seven percent of employees consider health and wellness benefits when choosing an employer, according to a study by recruiting website Zippia. What are employee wellness initiatives?

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Top Strategies to Reduce Employee Turnover in 2024

HR Lineup

Companies must adapt their retention strategies to cater to the needs of remote employees and mitigate the challenges associated with virtual collaboration. Employee Well-being and Mental Health: The recognition of employee well-being as a cornerstone of organizational success has gained prominence.

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5 ways to alleviate your employees' hesitations with choosing in an FSA

WEX Inc.

Most employees are about to have the opportunity to re-evaluate their benefits options during open enrollment. Flexible spending accounts (FSAs) are a powerful tool for individuals and employers to save money on healthcare and dependent care expenses. Want to learn more about how you can support your employees?

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How to leverage a Lifestyle Spending Account in your benefits strategy

Higginbotham

According to the Society for Human Resource Management (SHRM), Lifestyle Spending Accounts are more common in Canada, but they’re starting to receive attention in the U.S., especially as employers look at options beyond standard benefits packages to help improve recruitment, retention and turnover.

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Beyond health insurance: Innovative employee benefits that attract and retain talent

Higginbotham

But, to offer more, it is not always necessary to spend more. Competitive advantage can also come from creativity in putting together a benefits package. Offering student loan repayment assistance as part of your benefits package can be a game-changer for attracting and retaining top talent, particularly among younger workers.

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The future of benefits: Adapting to changing employee expectations

Higginbotham

With unemployment holding steady at well below the long-term average , competition for top talent remains intense. To continue recruiting and retaining the best people in this labor market, business owners and HR professionals must prioritize enhancing employee well-being and job satisfaction.

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The True Value of Employee Benefits

Benefit Resource Inc.

Enhancing Employee Performance: When employees feel secure in their jobs and have access to benefits like health insurance, retirement plans, and professional development opportunities, they are more focused and motivated in their roles.