Benefits

What the CVS-Aetna Deal Currently Means for Employers

The mega-deal could reshape the health care delivery landscape, according to industry experts.

CVS Health Corp. announced its intention to buy insurance giant Aetna for $69 billion, a move that has been touted as the largest health care deal in decades with the potential to reshape the nation’s health care industry. This deal, announced Dec. 3, is intended to create a one-stop health care provider for both employers and consumers in the individual…

Phased Retirement Largely Ignored Despite Flood of Retirees

With 10,000 baby boomers retiring daily, it would seem that flexible retirement would be a staple benefit within the workforce. It’s not.

Five years ago, top management at Herman Miller realized its workforce wasn’t getting any younger.  The Zeeland, Michigan-based office furniture company had a significant number of baby boomers and saw the potential for its talent to walk out the door at the same time. “We needed to create a process that benefited both sides of the equation,” said Tony Cortese,…

Employers Should Consider a Prescription Drug Use Policy to Avoid Lawsuits

If your workers are engaged in safety-sensitive duties, know if they are using prescription medications.

The issue of privacy has become a matter of paramount importance in modern life, particularly with regards to medical issues. Health care professionals and their assistants are constrained from revealing a person’s medical history and treatment without the express permission of their patients. However, in the workplace, liability can attach to an employer if an employee causes an accident, and…

Finding Agility in Employee Mobility

How flexible relocation packages are helping companies meet customer needs on a budget.

Busy HR professionals now have one more task to add to their to-do list — relocation manager. “When the economic crisis occurred, HR and relocation departments both took a hit,” said Melissa Seitz Medford, consulting services manager for TRC Global, an employee relocation company in Philadelphia. That caused many companies to merge the two teams, or to eliminate relocation experts…

Work Stress and the ADA

What are an employer’s obligations under the ADA to accommodate a mental health disorder when the thing inducing the stress and anxiety is the workplace?

I’ve been thinking a lot lately about stress, and the anxiety it can cause. Stress-induced anxiety can cripple someone. According to the Anxiety and Depressions Association of America: 72 percent of people who have daily stress and anxiety say it interferes with their lives at least moderately. 40 percent experience persistent stress or excessive anxiety in their daily lives. 30 percent…

Benefits Round-Up: Domestic Abuse, Extra Vacation and Ingrained Health Attitudes

Difficult stories have been populating the business news space this past month, but there are some under-the-radar stories to note as well.

This month has been a rough month in the business news space, with sexual harassment in the spotlight and open enrollment stressing people out in both the individual and employer markets. I’m working on a separate post about open enrollment (feel free to contact me via email, twitter or the comment section below if you have valuable thoughts about open…

Sector Report: The Pressures of Financial Wellness

Small wins and baby steps are helping personal finance make a good first impression with workers, but like a trip to the dentist, a little courage goes a long way toward long-term health.

For a lot of American workers, dealing with personal finances is a lot like the anxiety they feel about going to the dentist: they know it would be better to go and get it over with but the fear of what they may find out can be overwhelming. Stress about money pervades every age, income level and gender, a new…

Employees Use InDays to Improve the World Around Them

LinkedIn is using themed self-improvement days to promote company culture and retain employees.

A monthly InDay theme pushes LinkedIn employees to benefit the community or themselves through volunteering and other efforts. On the third Friday of every month, a LinkedIn employee somewhere around the world may be telling young adults to call their parents or help pay for a wedding at city hall. Maybe they’re volunteering at their child’s school or with their…

More Employers Are Dropping Domestic Partner Benefits

The decrease occurred mostly among employers that provided health benefits to same-sex partners only.

The legalization of same-sex marriage was a win for civil rights but it could mean lost health care coverage for some American couples as more employers drop domestic partner coverage. In 2016, the year after the U.S. Supreme Court legalized same-sex marriage across the country, 48 percent of employers provided benefits to same-sex partners compared to 59 percent in 2014…