Tag: employee benefits

Retention is the name of the game

Job seekers have never had such power regarding what they desire from employers. Global employment company Monster has recently published its inaugural Work Watch report, showing that more than half of workers believe their well-being is more important than a salary increase. However, the same workers disagree with the employer’s opinion that employees have unrealistic salary expectations. What is classified as a realistic salary increase can be controversial, but can we all agree on the value-added benefits? Monster’s career expert Vicki Salemi spoke with Employer Benefits News about the importance of keeping workers engaged and happy and offering benefits. Salemi told Employer Benefits News, “Employee salary expectations may be higher than what the market will bear right now, so consider well-being in terms of mental health benefits offerings and more flexibility. That can help create the whole picture for the right job fit.” 

While we can’t necessarily provide you with a way to allow your employees to work flexible hours, we can offer a different kind of flexibility through benefits. When you use HealthEE by HBG to offer your employees benefits, you are essentially giving them the tool kit they need to finish the job in the best way for them as an individual. Having a one-stop shop for benefits allows for maximum flexibility, from choosing the type of coverage your employees desire to when they want to register HealthEE by HBG gives employees all the power.  

 

 From an employer’s perspective, this power can be freely shared with no cost to the employer and no administrative headaches. If employees have questions, they can direct them to our HealthEE support team, and after purchasing Rightway, the dedicated health guides can also offer support. 

Industry leaders are catching our drift, do you?

Benefits are not one size fits all. Instead, benefits are a purchase to be considered, researched, and compared. We are not alone in these beliefs; a recent article on employer benefit news interviewed the CEO and founder of advising firm Next Impact, Lester Morales, regarding his views on employee healthcare. He spoke of his experience with his father having multiple myeloma cancer. Despite his father having employer-sponsored health insurance, the cost of the treatments forced him into bankruptcy. His experience has led him to believe employers should look beyond the traditional to find more employee options.
We couldn’t agree more. We created HealthEE by HBG to be that other option. HealthEE by HBG gives employees the power to browse coverage options. While traditional insurance is known for being a complicated and confusing process, it does not have the reputation of being one with various options. When asked what the most prominent misconception people have about healthcare is, Morales compared the process to purchasing a car, “You wouldn’t just drive to the local auto dealership, get in the first car and drive off without asking questions and negotiating the price. But that’s exactly what we do with healthcare.” Morale’s analogy is reminiscent of HealthEE by HBG’s co-founder Christian Stearns, who has repeatedly said no one wakes up in the morning with the thought of buying insurance. Car owners take great care in deciding which car they will purchase, and employees should be able to take the same care when buying benefits as it isn’t a purchase to be taken lightly or on a whim. Giving employees a sense of ownership and control of their health can be a powerful gift, especially now that inflation has taken hold and employees are trying to cut spending wherever possible.
The question becomes, however, is, who does the responsibility fall upon? Is it up to employers to seek various options for their employees? No, we don’t think so. With HealthEE by HBG, we have done the shopping around and created a one-stop marketplace of benefits ranging from healthcare to vision to additional benefits like life insurance and pet insurance. With a wide selection of plan types, we also offer these benefits at no cost to the employer. So give your employees the power to choose the coverage right for them and leave the administrative headaches to us.

Read the full interview here