'Tis open enrollment season. That time of year HR and their plan providers have been planning for since last open enrollment, and like many of us who have ever had to host a holiday gathering, are up to their ears in chaos, often just hoping they make it through in one piece.
The past couple of years have been particularly difficult. HR has had to communicate unpopular changes in their employee benefits such as reduced or eliminated matches, frozen pensions–if they still have one–and higher health care costs.
HR is busy trying to put out the fires started by confusion and disgruntled employees, and amidst it all, are often missing opportunities to gain more participation in their benefits plans. This may sound crazy to those seeing worse participation, but we've seen employers do it by helping their employees better understand how to use their benefits.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
