Straight From The Source Blog by Higginbotham Insurance

How to communicate your total rewards program

October 11 , 2018

GettyImages-Employees Holding Talk Bubbles

Employee benefits are one of the key drivers that entice great people to join a company, be productive employees and develop long-term loyalty. But today’s employees want more than just health insurance.

They want personal and professional growth opportunities, career flexibility, collaborative work environments, volunteer days and an individualized balance of compensation and benefits. They want a diversified and personalized experience, and they want it neatly packaged and easy to understand.

This unification of work-life balance benefits is what the concept of total rewards is all about. However, offering a rich mix of work-life benefits isn't enough. The success of your total rewards program depends on how employees perceive your program’s value. How can you help promote positive perceptions? Through great communication strategies.

Here are seven communication tips to get you on the right track:

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Tags: Employee Benefits

Helping employees understand their health savings accounts

September 25 , 2018

GettyImages-Money Capsule

Don’t assume your employees understand their health savings accounts (HSAs). According to research conducted by Alegeus, 65 percent of HSA holders lacked the knowledge needed to pass a basic fluency test about their accounts. As a result, many people may be unable to maximize their benefits, leading to higher costs and more frustration than necessary.

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Tags: Employee Benefits

Why you should include accident insurance in your voluntary benefits line-up

August 29 , 2018

GettyImages-Emergency Waiting Room

Your employees are stressed out about a lot of things, and their workload is only part of it. According to the Center for Financial Services Innovation, approximately 85 percent of all U.S. workers are worried about finances, leading to reduced productivity, absenteeism and higher turnover rates. If some of this stress can be alleviated, both employees and employers profit. One simple way to do this is through group employee accident insurance.

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Tags: Employee Benefits

Common HIPAA mistakes to avoid

June 05 , 2018

HIPAA mistakes

Employers handle their employees’ medical information for many reasons, from administering health coverage to receiving workers’ compensation claims. Under certain circumstances, employers are dealing with protected health information and may be subject to the Health Insurance Portability and Accountability Act (HIPAA).

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Tags: Employee Benefits

Reduce workplace stress with an Employee Assistance Program

May 14 , 2018

Workplace stress

Even people who enjoy their job experience job stress at some time during their working hours. Everyday work stress can negatively affect employees’ attendance, concentration, health and ability to perform on the job. Because of this, more and more companies are turning to Employee Assistance Programs (EAPs) for help.

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Tags: Employee Benefits

Strategic benefit planning: Get more ROI from your HR investments

April 30 , 2018

Strategic Benefit Planning

Your organization probably devotes substantial resources into providing employee benefits. From the HR manpower to the monthly premium, it’s a major investment of time and money – possibly one of the largest items on your balance sheet. As with any major undertaking, the process can be improved with strategic planning.

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Tags: Employee Benefits

Assessing and planning your open enrollment strategy

February 23 , 2018

Open enrollment strategy planning

Open enrollment season is over – and that’s what makes this a particularly good time to think about your open enrollment strategy. Now, without stress or rush, you can reflect on the last enrollment period and plan for the next one.

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Tags: Employee Benefits

Employee benefit trends for 2018

January 12 , 2018

Employee benefit trends

Employers, are you keeping up with the latest benefit trends? With low unemployment rates, employers must work even harder to attract and retain talent. At the same time, employers also need to keep an eye on developments in relevant laws and regulations.

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Tags: Employee Benefits

Employee benefits – how to promote financial wellness in the workplace

December 18 , 2017

503278812 budgeting.jpg

Money is a leading cause of stress, and for good reason. Many Americans are saddled with student loan and credit card debt. According to the U.S. Government Accountability Office, almost one-third of households age 55 or older have no retirement savings at all. Employees who are worried about money may become distracted, sleep-deprived and even sick – not good for their productivity levels. They may also consider quitting in search of a better financial situation.

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Tags: Employee Benefits, Corporate Wellness

Long-term care awareness: The other reason to celebrate November

November 09 , 2017

long-term care awareness

What do people celebrate during the month of November? You're thinking turkeys, aren't you?

Of course, there's a lot to be said for Thanksgiving. The food is superb, and it's a beautiful time of year. It’s also a holiday about family, which brings us to the other reason to love November.

Welcome to long-term care awareness month: A time to think of your family's future, and your own.

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Tags: Individual Life & Health, Employee Benefits


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