ALC - edenred

What is a wellness plan, and what does it include? How can implementing a wellness plan affect your business’s bottom line, and how does it help you be competitive and attract top talent? Let’s look at that and more as we dive into developing a wellness program that’s right for your company.

Imagine feeling valued and appreciated by your employer, who goes above and beyond to provide you with a comprehensive post-tax benefit that covers everything from your gym membership to your child’s education. 

For years, businesses have struggled to attract and retain the best talent, and with the current job market, it’s become even more challenging. Providing employee benefits can be expensive, and finding solutions that meet the diverse needs of your employees can be overwhelming. Luckily, Lifestyle Spending Accounts (LSA) are here to help.

In the post-pandemic world, companies are navigating the challenges of reintegrating employees into office life. Although these large corporations have faced some hurdles in their return-to-office plans, lessons can be learned about striking the right balance between remote and in-office work arrangements.

Customer experience is well known by companies as a strategy to improve their business, but have you ever heard about the benefits of investing in employee experience? 

Are you looking for ways to attract and retain the best talent in your industry? One of the best ways to do so is by providing employee benefits. The right employee benefits can help your company save money and keep your employees happy. In fact, according to Forbes, the right benefits package can reduce employee turnover by up to 140%. One of the best ways to offer employee benefits is through commuter benefits, which are required by law in many locations in the U.S.

Today’s workforce is mainly composed of millennials and Gen Z, and these generations prefer to work for companies that share their values. A well paid salary is really important in order to make a living, however, other criteria are analyzed by job seekers. Lifestyle Spending Accounts can help cover what we don’t always get from traditional benefits.

Sustainability is a word we hear a lot lately, but it’s not new. However, how we look at our approaches to creating a more sustainable future is new. It will take a lot of small changes and strategies to make the planet a better place to live and work.

Approximately 47 million Americans quit their jobs in 2021 (a phenomenon called the Great Resignation) in hopes of looking for better opportunities and benefits. In the last couple of years, the number of vacant positions in the United States has grown, creating a scenario where companies need to focus on employee retention.