Best Practices

Financial wellness, the American dream of home ownership, family time, and innovative voluntary benefits are top of mind for employees and will be key to retaining and attracting top talent in 2024.

Starting on January 1, 2024, employers of any size can offer a student loan matching benefit within their company 401(k) or SIMPLE IRA plan, enabling employees to build their retirement savings while making student loan payments.

Organizations can offer better maternal care support, which also creates a more supportive environment for all employees.

Many supplemental insurance plans are employee-funded, so this approach can help employers effectively manage their expenses, stay within budget and remain competitive.

As an employer, it is crucial to recognize the signs and symptoms early and take proactive steps to prevent or alleviate burnout.

As we delve into 2024, the digital advertising landscape continues to evolve at a breakneck pace, demanding a strategic and well-informed approach from benefits brokers

Having a regular assessment of the plan will help identify areas needing improvement, ways benefits can adjust to the needs of participants, and optimal safeguards against risks or liabilities.

To raise employee awareness of benefits, firms could highlight one benefit a month and explain its value in dollar terms in a e-newsletter or devise a personalized benefits summary for each employee's annual performance review.