With millions out of work and hiring way down, many businesses have switched to emergency mode. Rather than get used to a “buyer’s market,” however, companies should remain alert to the long-term trends that will continue to shape hiring and retention as the economy normalizes. In coming years, companies will see a tug-of-war between employee […]
Category: Employee Benefits
The Cost Of Employee Benefits In 2020 And Beyond
Employee benefits represent a major investment your business has to make. The cost of benefits will tend to increase every year, with each person you bring into your business multiplying those costs. That’s why employee benefits are one of the biggest focus areas for cost reduction. Large businesses can save millions of dollars by taking […]
How Politics And The Pandemic Are Affecting Employee Benefits
Everyone is wondering how the world of employee benefits is going to change as a result of today’s unprecedented public health situation. Millions of Americans have lost employer-based coverage as they struggle with a contracting economy driven by the coronavirus threat. Two major factors are shaping the future of employee benefits as we know them: […]