Best Practices

Since 2012, every state except Alabama has either enacted or introduced legislation that would establish state-facilitated retirement savings programs, and 10 states already have fully operating auto-IRAs.

While access to mental health services is a problem for just about everyone, everywhere, the LGBTQ+ community is facing a dangerous trifecta — cultural and political volatility, an accelerating mental health crisis, and an inequitable healthcare system — that needs immediate and sustained action.

Most employees would prefer financial benefits such as a company stock plan, and a broad-based plan tied to payroll such as employee stock purchase plans may be a good fit, as more employees will be able to participate.

As a benefits professional, you want to be part of the solution, not part of the problem when your cash-strapped business-owning client find themselves in a difficult situation, facing reorganization and layoffs.

About half of millennials (56%) and Gen Z talk (49%) about money regularly, compared to 22% of baby boomers, according to CNBC, but employers can encourage employees by offering financial education.

Health benefits will always be an investment, especially for SMB, but new options on the market can help make the investment really pay off for employees and business owners alike.

The compensation employees receive is more than the number on their paycheck – 401(k) matching contributions, student loan repayment, employee stock purchase or employee discounts can add up to $10,000.

Emergency savings accounts – and interest-free emergency loans – can have a palpable impact on employees' lives in the short-term, preventing them from racking up credit card debt or turning to predatory payday loans.