The new year brings new opportunities to attract and retain top performers. This is when employers can strategize about the most effective ways to tap into talent pipelines. In many cases, remote working arrangements have opened the door to a bigger pool of viable candidates- below you will find some tips on how to put your best foot forward when recruiting a remote candidate in a virtual world.
On Friday Dec. 17, 2021 the 6th Circuit Federal Court of Appeals reinstated the Occupational Safety and Health Administration’s (OSHA) federal emergency temporary standard (ETS) for COVID-19. The 6th Circuit decision reverses the stay ordered in November by the 5th Circuit and allows OSHA to resume ETS implementation and enforcement nationwide.
Few things stay constant in the world of employee benefits, so it comes as no surprise that employers may need to rethink their 2022 salary and benefits budgets as global inflation gains traction. There are several reasons for the latest round of cost bumps – some similar to what we have experienced in the past, and some as a result of long-term pandemic effects.
According to Microsoft’s 2021 Work Trends Index, up to 40% of employees are considering leaving their jobs this year.1 What’s the driving force? No surprise, a year and a half of dealing with COVID. Workers are reevaluating their priorities, often towards a new work-life balance, focused on more flexible work. The pandemic, for all its downside, has provided an important reminder that life is fragile, and worth living the way you want.
As companies struggle with high healthcare premium costs and worry about their employees’ ability to afford healthcare in retirement, they’re encouraging the adoption of HSAs among their workforces. Some are making high-deductible health plans the only health insurance option and enticing employees with HSA contributions and even matches.
Sometimes, a private plan may offer more flexibility for people wanting to leverage the state's new Paid Family Medical Leave Act. According to President and Founder of Innovo Benefit Group, Eric Gulko, policy holders should look at their options, including private plans. Just beware that even with private carriers the application process could be perceived as cumbersome.
In the past, we’ve highlighted Innovo Benefits Group’s support for Bridge Over Troubled Waters, an agency providing life-changing services for Boston’s homeless, runaway, and at-risk youth. When we look at their mission and the good work they do, we’re reminded of these wise words from Gandhi: “The true measure of any society can be found in how it treats its most vulnerable members.”
What a year 2020 was for the healthcare world. One of the surprise winners, however, was the concept of telemedicine. While it had been around for decades, it never rose to “gamechanger” status. Then, COVID hit.