To gain control over turnover and productivity losses, a recent Harvard Business School study recommends that employers shift their perspective on caregiving to view it as a talent management challenge rather than merely a potential benefit expense. Here are four strategies to consider.
Caregiving is laced with “hidden costs,” including major turnover and productivity losses, which are already undermining the wellbeing of American companies and their workforces. And the future looks even more troubling. Here we examine a recent Harvard Business School study on the caregiving crisis employers are facing.
It’s clear that offering a backup care benefit to your employees with help you attract and retain talent. Still not sure about backup care as an investment? Here’s how you can expect to reap both hard and soft ROI from a backup care program—and they can really add up.
There’s no question that benefits matter to employees—a lot. But this raises a question that continually vexes employers: if benefits matter so much, why do employees rarely utilize them to their full advantage? The sad fact is many employees simply don’t understand their benefits or even know about all of the programs employers offer them.
Organizations that take a strategic approach to their benefits program, leveraging benefits to recruit and retain employees, are nearly twice as likely to have more satisfied employees and to report better business performance compared with organizations that are not strategic with benefits.
For roughly four decades, work-life programs have improved the lives of workers and strengthened their employers’ organizations. The question for today’s employers isn’t whether work-life programs are a wise investment. The question is … Which work-life model is right for your organization?
Diversity and inclusion are good for business. By implementing benefit programs that address the needs of all family members, you’re showing workers in no uncertain terms that you care about and respect them as people, not just as “workers.” Here are five benefit programs that will help employees take better care of their families and better align your company with D&I.
Attracting new talent and keeping your best people from jumping ship requires extra thought and creativity in a booming jobs market. One of the best things you can do to strengthen your appeal to talent, not to mention your employment brand, is to offer employees a mix of highly desirable benefits.
Employees love having access to a high-quality, flexible backup care program and it’s easy to understand why. But backup care doesn’t only benefit your people. It’s every bit as helpful to your organization. Here are five key ways that a flexible backup care improves your company and its bottom line.
Comprehensive senior care management programs can be monumentally helpful to caregivers. This employee benefit can assist with understanding an aging loved one’s care needs, identifying resources available and also assist with implementing care. Here we provide some facts about the business case for senior care management programs and define scenarios a care manager can assist with.
