Participants contributed an average of 7.8% of pay (up from 7.4% in 2022), and employers contributed 4.9% of pay (up from 4.7%) for a combined savings rate of 12.7%, according to PSCA’s annual survey of 401(k) plans.

Creating a workplace that is pet friendly doesn’t have to be overwhelming and you don’t need a physical space.

Thirty-four percent of the surveyed workers reported using substances on the job.

I’m thrilled to highlight two individuals who have made the most of 2024 and are entering the new year with purpose and momentum: Meaghan Cush of Combs & Company and Cristin Dickerson, MD of Green Imaging.

They include AI integration, drug prices, and the potential reshaping of U.S. health care under the Trump Administration.

AI is the disruptor you may be waiting for to help workers avoid benefit miscomprehension and analysis paralysis.

Mark Kaye, the chief financial officer, said the company took a "very disciplined approach between competitiveness and underwriting."

Company-sponsored benefits and perks should make life better for employees as a whole — promoting not just physical health but also mental health and stress relief.