No one likes to discuss the complexities of healthcare plans or how much they are spending on medical bills. But we just can not ignore the fact that healthcare spending is at an all-time high. As spending increases so should transparency.
With the world gradually swinging into normalcy, there have been some noticeable changes. Over 18 months, the workplace has shifted to introduce remote and hybrid offices that continue to be apart of the business landscape. Because of this employers should review and possibly revise the office perks that they offer.
Eighteen months after the global pandemic changed the commercial landscape and rendered many businesses inoperative, there is a glimmer of hope with the massive administration of COVID vaccines. Noticeably, there has been a lot of changes in the months leading to this point.
For the past 18 months the global pandemic has been the dominant storyline for headlines across the world. Because of this many are rethinking how we approach healthcare as a society. It is not so difficult to make the deductions from this emerging trend. The global pandemic raised the expenditure for drugs in the US to $358.7 billion, surpassing every other country’s expenses. Because of this typical healthcare plans will change.
We can not ignore the fact that working remotely is the new normal now. Once, it was relegated to freelancers and virtual assistants. But the pandemic happened and the mode of business operations was haltered. The ability to 'work from anywhere' has become more common and is here to stay.
The global landscape for businesses is constantly changing. The pandemic halted how businesses usually operate and has ushered in emerging trends to foster more productivity such as flexible benefits plans.
Health is wealth. A statement of fact that never gets old. One of the best gifts you can ever gift yourself is sound health. But this typically comes with a price tag on it—and certain common conditions typically drive up healthcare costs.
In light of the global pandemic, one thing we all can agree on is that health is paramount. We were told to remain indoors, wear face masks, and maintain social distancing to curtail the spread of the virus. As we transition towards a world free from the deadly virus, health comes to the forefront.
The progress of any business is directly tied to the productivity of the workforce. Happy employees give the best results, are more productive, and loyal to the business. With the pandemic came the need for greater financial security. Thus, employees are looking for improved benefits as they return to work.
Being a CEO or employer of labor is hard work. Every passing day business owners face HR issues that may be too complex to take on your own. As issues pile up, you may be focusing a significant amount of time on HR. Wouldn’t it be nice to have a professional HR provider that will take care of employee-related challenges? Wouldn’t it be a relief knowing that a team of experts is managing your workforce in an efficient manner? This team of experts that can provide these benefits are called Professional Employer Organizations (PEOs).