Sixty-one percent of employers worry that updated HR technology and systems may cause them to lose the personal touch. Benefits brokers are in a unique position to strike the right balance.
U.S. workers who rate their mental wellbeing as fair or poor report four times more unplanned absences Employers using EAPs, however, can improve collaboration, reduce absenteeism and increase workplace wellbeing.
With 64% of U.S. workers reporting high or moderate mental health risk, employers must prioritize benefits that help employees and improve productivity, according to a TELUS Health (formerly LifeWorks) expert.
With health care spending projected to reach $7 trillion by 2030, RBP pricing can deliver cost savings for self-funded plans, but comprehensive auditing is required.