Are your employees getting the most from their benefits? Many businesses invest in great plans, but miss a crucial step - education. Without proper guidance, your team could be missing out on valuable resources that protect their health and finances. Read the full article to learn how benefits education impacts your bottom line. #EmployeeBenefits #WorkplaceBenefits #HRStrategy
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🌼 Get the Most Out of Your Employee Benefits This Spring! 🌼 Do you know if you're really making the most of your employee benefits? Here are some lesser-known tips to help you be sure: Understand Lifestyle Benefits: Beyond health and retirement, many companies offer benefits like gym memberships, wellness programs, or telecommuting credits. Make sure you're not leaving perks on the table! Optimize Your Health Plan: Consider adding or modifying your health savings accounts (HSAs) or flexible spending accounts (FSAs) based on last year’s spending and health changes. Educational Benefits: Many employers offer tuition assistance or professional development benefits that go underutilized. Consider taking courses that could advance your career. Spring is a great time for planning for the future, including making sure you're fully utilizing your benefits! Questions? Let’s connect in the DM’s or comments below! 👇 . . . . #EmployeeBenefits #HealthCareManagement #GymMembership #FinancialAdvisor #CFP #FinancialPlanning #SavingMoneyTips #FinancialLiteracy #MoneyTips #FinancialAdvice
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🌼 Get the Most Out of Your Employee Benefits This Spring! 🌼 Do you know if you're really making the most of your employee benefits? Here are some lesser-known tips to help you be sure: Understand Lifestyle Benefits: Beyond health and retirement, many companies offer benefits like gym memberships, wellness programs, or telecommuting credits. Make sure you're not leaving perks on the table! Optimize Your Health Plan: Consider adding or modifying your health savings accounts (HSAs) or flexible spending accounts (FSAs) based on last year’s spending and health changes. Educational Benefits: Many employers offer tuition assistance or professional development benefits that go underutilized. Consider taking courses that could advance your career. Spring is a great time for planning for the future, including making sure you're fully utilizing your benefits! Questions? Let’s connect in the DM’s or comments below! 👇 . . . . #EmployeeBenefits #HealthCareManagement #GymMembership #FinancialAdvisor #CFP #FinancialPlanning #SavingMoneyTips #FinancialLiteracy #MoneyTips #FinancialAdvice
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When it comes to benefits, clear communication ensures your team members understand and utilize the resources available to them. Regular, ongoing communication through various channels helps employees stay informed about their benefits options and understand the value each offering brings. This increased awareness can lead to higher benefits utilization. Want to enhance your benefits communication and improve utilization? Insperity’s guide provides actionable tips and strategies for optimizing your benefits program: https://lnkd.in/ggxM4ePA. #EmployeeBenefits #Communication #HRThatMakesADifference https://lnkd.in/guyjwsWP
Empowering Employees to Make the Right Benefits Decisions
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When it comes to benefits, clear communication ensures your team members understand and utilize the resources available to them. Regular, ongoing communication through various channels helps employees stay informed about their benefits options and understand the value each offering brings. This increased awareness can lead to higher benefits utilization. Want to enhance your benefits communication and improve utilization? Insperity’s guide provides actionable tips and strategies for optimizing your benefits program: https://lnkd.in/eKaeQXGu. #EmployeeBenefits #Communication #HRThatMakesADifference https://lnkd.in/eemFRshX
Empowering Employees to Make the Right Benefits Decisions
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When it comes to benefits, clear communication ensures your team members understand and utilize the resources available to them. Regular, ongoing communication through various channels helps employees stay informed about their benefits options and understand the value each offering brings. This increased awareness can lead to higher benefits utilization. Want to enhance your benefits communication and improve utilization? Insperity’s guide provides actionable tips and strategies for optimizing your benefits program: https://lnkd.in/gm-BvzeN. #EmployeeBenefits #Communication #HRThatMakesADifference https://lnkd.in/gdj9VarJ
Empowering Employees to Make the Right Benefits Decisions
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When it comes to benefits, clear communication ensures your team members understand and utilize the resources available to them. Regular, ongoing communication through various channels helps employees stay informed about their benefits options and understand the value each offering brings. This increased awareness can lead to higher benefits utilization. Want to enhance your benefits communication and improve utilization? Insperity’s guide provides actionable tips and strategies for optimizing your benefits program: https://lnkd.in/gd54y363. #EmployeeBenefits #Communication #HRThatMakesADifference https://lnkd.in/gH6Unk7N
Empowering Employees to Make the Right Benefits Decisions
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An Optavise survey of 1,061 employees shows that fewer employees are learning about benefits from HR—and more are learning about benefits from a family member or by themselves online. There are several ways this can impact your company’s bottom line: ☑️ Higher healthcare utilization costs from employees not comparing treatment costs. ☑️ Higher health plan costs from employees avoiding HDHPs. ☑️ Higher workers’ compensation costs from employees filing fraudulent claims. ☑️ Higher employee turnover costs from employees changing jobs for better benefits. Read the full article on our blog.
Here’s how employee benefits education impacts your bottom line
optavise.com
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Benefits Education as part of your talent management strategy is a critical competitive differentiator and financial lever.
An Optavise survey of 1,061 employees shows that fewer employees are learning about benefits from HR—and more are learning about benefits from a family member or by themselves online. There are several ways this can impact your company’s bottom line: ☑️ Higher healthcare utilization costs from employees not comparing treatment costs. ☑️ Higher health plan costs from employees avoiding HDHPs. ☑️ Higher workers’ compensation costs from employees filing fraudulent claims. ☑️ Higher employee turnover costs from employees changing jobs for better benefits. Read the full article on our blog.
Here’s how employee benefits education impacts your bottom line
optavise.com
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Working in the benefits space, I've noticed how critical it is for companies to prioritize their employees' financial well-being, especially with rising health care costs. One memorable experience was when an employer decided to move from offering voluntary supplemental benefits to funding them entirely. This shift was not just a cost-saving measure—it transformed their workplace culture. The key insight here is that when employers show they care by financially supporting supplemental benefits, it establishes trust and loyalty among employees. Employees are not just members of a workforce; they’re people with lives and responsibilities. By alleviating the financial burden associated with high deductibles and expenses, they can focus more on their work and less on their financial strain. For those considering this approach, start by evaluating your current benefits package. Transitioning to employer-funded supplemental benefits can be relatively inexpensive compared to traditional health plans. Additionally, you might explore negotiating with carriers to lock in better rates since you can predict enrollment more accurately. Reflecting on this, how can your company enhance its benefits offering to better engage and support its workforce? #BenefitsBroker #EmployeeWellbeing #SupplementalBenefits #EmployerFunded #BusinessInsights
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When it comes to benefits, clear communication ensures your team members understand and utilize the resources available to them. Regular, ongoing communication through various channels helps employees stay informed about their benefits options and understand the value each offering brings. This increased awareness can lead to higher benefits utilization. Want to enhance your benefits communication and improve utilization? Insperity’s guide provides actionable tips and strategies for optimizing your benefits program: https://lnkd.in/g9BaErjs. #EmployeeBenefits #Communication #HRThatMakesADifference https://lnkd.in/gH_MR-mm
Empowering Employees to Make the Right Benefits Decisions
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