workforce.com

May 14, 2008
Vol 2  No 5

 
 
   
   
 
BENEFITS TOPICS

Grouped by topics, here are hundreds of articles, policies, and assessments in the Workforce Management Research Center.

Topic Index
· Benefit Design and Comm.
· Employee Assistance
· Health and Wellness
· Recognition and Incentives
· Retirement/Pensions
· Work/Life Balance


Connect with other human resource professionals in the Workforce Management Community Center. Exchange ideas about health plans, retirement, work/life benefits, and employee assistance.

Topic Forum
· Benefits & Compensation


 
VENDOR DIRECTORIES

Find the vendor you need. Browse or search by keyword through product and service listings:

General Benefits
· Benefits Administration
· Life Insurance
Health Benefits
· Dental Care
Pension/Retirement Benefits
· Financial/Investment Planning
Recognition & Incentives
· Awards & Incentives Merchandise
· Recognition Planning


 
LEGAL AID
The Benefit of Counsel

Prompted by the national mortgage mess and myriad other legal issues that people face, more employers are offering group legal plans to employees.

Read more about why group legal plans can bolster employee productivity.

Also:
As the Mortgage Industry Tumbles, Employers Begin to Feel the Effects
Personal Debt Can Drive Employees to Distraction
Expanded EAPs Lend a Hand to Employers' Bottom Lines


HEALTH AND WELLNESS
Three Key Choices for Health Management

Employers can achieve significant, often dramatic labor savings and other financial gains in their health programs. But to do so, they need to do three things: focus on the most promising health challenges and employees; choose the right set of financial gains to measure in planning, implementing and evaluating investments; and select the best providers and interventions.

Read more about the health issues that offer the greatest opportunities for savings.

Also:
Filling the Gaps in a Porous Medical System
Employers Beef Up Efforts to Increase Worker Participation in Wellness Programs

COMMENTARY
Is It Time to Reboot Your Defined-Contribution Plan?

Companies may want to consider sweeping existing 401(k) participant balances into new and better funds.

Read more about why plan sponsors might want to re-enroll existing participant balances into these asset allocation funds.


NEWS AND EVENTS
Quick Takes

Workplace Saving: A growing number of employees are getting the majority of their financial and retirement products and services through their employers, according to a recent study by MetLife.
Click here to read more.

Older and Insured: Older individuals, considered those ages 55-64, are more likely to have health insurance coverage than their younger counterparts, according to recent findings by the Employee Benefit Research Institute.
Click here to read more.

Substance Abuse: Insured federal workers will now be covered for participation in a substance abuse prevention and screening program.
Click here to read more.

Dealing With Debt: It's very likely that debt is going to affect individuals' ability to retire, according to a recent multi-generational study by Securian Retirement, a St. Paul, Minnesota-based retirement services provider.
Click here to read more.

Consumer-Driven Downside: Much of the cost savings that employers realize by offering consumer-driven health plans may actually be due to employees not using these services because of higher out-of-pocket costs, according to a new study by Milliman and the National Business Group on Health.
Click here to read more.

AIDS Relief: A number of large companies are offering programs to help employees with HIV/AIDs, according to a recent report by the Conference Board.
Click here to read more.



DISCUSSION
Bereavement policy

Posted in the Benefits & Compensation Forum:
A reader writes: "Can anyone give me information on how their bereavement policy is worded in regards to number of days/relation to employee? Our company provides for immediate family only."


Join the discussion.

METRICS

Health Care Politics
Percentage of voters reporting which health care issues presidential candidates should address, March 2007

 
Total
Republicans
Democrats
Independents
Coverage for uninsured
32%
22%
38%
32%
Reducing costs
31
38
28
31
Improving Medicare Rx
12
10
15
11
Improving quality of care
12
16
7
14
Reducing government spending
7
11
6
6
Note: Survey of 1,233 adults.
Source: Kaiser Family Foundation


Benefits Effectiveness
Percentage of employers reporting effectiveness of benefit programs in supporting key objectives, 2006

Extremely effective
Effective
Not effective
Employees' needs (adequate safety net)
47%
37%
16%
Retention objectives
46
34
20
Recruiting objectives
42
38
20
Risk management objectives
36
49
15
Cost management objectives
25
44
31
Note: Survey of 140 HR and benefit managers.
Source: Towers Perrin
 

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