As the landscape benefits changes, employers are faced with new challenges. A survey of recent employer Selling Benefits , the first four benefits of the problems in 2015 were as follows :. The increase in costs, the treatment of changes in benefits, in collaboration with brokers and dealing with the reform of health care
So how employers - particularly smaller employers - face these social challenges advantages? Keep reading. In this article, we will cover the first four benefits challenges and plan strategies to deal with these issues on a small business budget.
Top 4 challenges, and how to deal
According to Selling Benefits investigation, the employee enjoys top challenges in 2015 were the following:
1. the increase in benefit costs
According to the survey:
-
1 3 employers (35 percent) said the cost of health care / benefits increased significantly since last year, while 40 percent said the costs have increased some, and 22 percent said they remained roughly the same.
-
About 2 to 3 employers (63 percent) said they expect to ask the employees pay more for their own benefits
strategies to meet this challenge :.
My advice for small employers who deal with rising costs is always this:
Shift of your company's contribution to a defined contribution strategy (instead a defined benefit). In other words, allow employees to select their benefits with dollars provided by the employer (often tax-free). retirement health care - and everything else -. This approach can offer rich benefits while saving employers and employees time and money
Learn more about the benefits widely available here
2.. Changes in benefits
According to the survey, employers continue to reduce benefit costs by implementing plans consumer-driven or self-insurance and the launch of health savings accounts, improving welfare programs, and increasingly voluntary benefit offerings.
-
Nearly half (49 percent) of respondents in the survey said they offered health savings accounts (HSA), and half (50 per cent ) offered flexible working benefits.
-
employees say benefits for employees is the largest ever health insurance (76 percent), followed distantly by the health care consumer-oriented (10 hundred).
strategies to meet this challenge:
There are many approaches to dealing with changes in benefits and discounts. Ultimately, employee training is key. Communicating with employees how and why the company decided to offer benefits, reinforcing the value of employees to the company. (Stumped Read this article - ?. It will help you)
3. Working with brokers
According to the survey, employers are still widely use brokers or agents -. If employers feel pressure PPACA
-
65 percent of employers say that the PPACA was rethinking benefits offered.
-
21 percent of employers have considered moving employees to public exchanges.
-
63 percent of employers viewed their broker about trade
strategies to meet this challenge :.
brokers and agents can be one of your best resources for information on PPACA and the benefits - use them to get information and options. That said, if your broker or agent is not providing you with the information you need, keep looking until you find the information and solutions you need
Related -. Top 5 Types of Employee Benefits
4. Dealing with PPACA
Finally, the employer survey shows employers continue to struggle with how PPACA (aka Obamacare reform or health care) affects their business and benefits.
Strategies to address this challenge:
for small employers (those with fewer than 50 full-time equivalent), it can be a useful reminder that many Medicare and reporting requirements are not applicable
My advice is - working with a broker or advisor health benefits to fully understand the health insurance requirements of your business - and opportunities -. under PPACA
Conclusion
As costs rise, benefits are changing, and employers feel the pressure of the new health reform regulations, there are strategies available to deal with these challenges. For example, employers may pass benefits widely available to meet the cost increases and can minimize the impact of change by communicating clearly with employees and dealers on changes in benefits.
What do you think of these benefits for employees challenges and strategies? What questions do you have? We would like to hear from you! Leave a comment below.
0 Komentar