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Employers are finding innovative ways address rising health care costs and expand wellness benefits as they compete for talent in a tight labor market.
"HR leaders on the frontlines are crafting holistic benefits packages that meet diverse workforces where they are," according to a new report from Goldman Sachs. "The focus many employees have today on benefits is a clear shift we observed during the pandemic. Employees depend on and expect more of their employers, especially when it comes to benefits. In turn, benefit offerings are evolving to keep up."
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