Modernising your benefits and perks is without doubt the way forward. Graphic_Report_Global . Compcare underwrites or administers HMO or POS policies; WCIC underwrites or administers Well Priority HMO or POS policies. Financial stress has permeated all corners of the workforce and employees need your help to stop it. Do You Possess the Top Two Most In-Demand Skills? What's Hot. Modernising your benefits and perks is without doubt the way forward. More information can be found in our Cookies and Privacy Policy. Nearly a third of employees cited benefits as a reason to stay in or leave their current positions. If this seems a little transactional, SHRM suggests tying those statements to wider company goals. When you enhance your benefits, it’s important to communicate those changes to employees. You’ll want to know which benefits are used most frequently and which benefits are underutilized. Rather than see it as a challenge, see it as an opportunity to get ahead of your competitors and recruit and retain the best talent. In Maine: Anthem Health Plans of Maine, Inc. In Kentucky: Anthem Health Plans of Kentucky, Inc. In Georgia: Blue Cross Blue Shield Healthcare Plan of Georgia, Inc. Upgrading corporate benefits became an indisputable requirement to stay in the talent acquisition game. Send out occasional surveys to stay up to date on the most important benefits to employees. For 2020, chances are you’re looking to recruit top talent, increase retention or just generally make your employees happier and make your business a more attractive place to work. Every year employees are looking for more and more flexibility. Hamdallat Abdulsalam. Supporting Manager Wellbeing in Times of Pressure. Knowing which benefits will appeal to certain employees — and where there’s overlap — may be the key to offering a universally popular set of benefits. In Wisconsin: Blue Cross Blue Shield of Wisconsin (BCBSWI), underwrites or administers PPO and indemnity policies and underwrites the out of network benefits in POS policies offered by Compcare Health Services Insurance Corporation (Compcare) or Wisconsin Collaborative Insurance Corporation (WCIC). While companies such as Walmart, Uber and Lyft are early adopters of this way of paying their staff, 2020 could be the year to get ahead of your competitors and offer a benefit they don’t. 6776955. Younger generations in particular seek out purpose in their jobs, so having a strong mission statement and values — and linking your investment in benefits back to those values — could appeal to millennials and the rising Generation Z. In Indiana: Anthem Insurance Companies, Inc. The people have spoken When we asked participants which employee benefit would make them consider changing employers if their offering was better, 42% cited flexibility. In order to do that, meeting the ever-changing demands of employees is crucial. In fact, Aon found that 42% of companies surveyed already have a benefits communication action plan in place for the next 12 months. All rights reserved. Every year everything becomes more ‘on-demand’ and healthcare is no different. The Most Important Benefits to Employees, by Generation The average modern American workplace sees multiple generations working side by side. In their annual survey on employee benefits, the Society for Human Resource Management (SHRM) discovered that financial wellness is one of the top benefits most employees want in 2020. . The learning and development process with Tim Wray, WBS, Now is the time to offer guidance on improving leadership quality, Sneak peek - HRD: A Virtual Experience with Microsoft, NBC, ING and more.

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