Financial wellness programs are rapidly becoming a cornerstone of employee benefits packages. Recent predictions indicate a significant increase in the adoption of these programs, with nearly half of all employers expected to offer financial wellness initiatives by...
The financial wellbeing of employees is a critical concern for both employers and HR professionals. A secure financial future can significantly impact an individual’s overall happiness and productivity in the workplace. However, recent reports suggest that...
Medical debt is a persistent and growing problem in the United States, affecting millions of people each year. According to recent data from the U.S. Census Bureau, approximately 11% of Americans have medical debt, and this number is likely to rise in the wake of the...
Medical debt keeps some Americans from paying their mortgages, vehicles, and groceries. Even those with medical insurance are struggling, especially those with high deductible plans. According to JAMA Medical Network news, data from the Surveys of Income and Program...
Next to wages, healthcare is an employers second largest business expense. Healthcare is also an employee’s second most important sought-after perk of taking the job – after compensation. As the cost of healthcare continues to rise, employers consistently look...
Proposed Legislation Would Create $20M Fund for Portable Benefits The Portable Benefits for Independent Workers Pilot Program Act would establish a $20 million grant fund within the U.S. Department of Labor to incentivize states, localities, and nonprofit...
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