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What Employees Want: Financial Wellness | New York Benefits Agency

“Financial Wellness” is getting a lot of buzz these days — and for good reason!  After all, today’s workforce is overwhelmed by mounting student debt and other rising expenses. Financial wellness refers to a person’s overall financial health and is one of many factors that makes up employee wellbeing.  We often think of wellbeing as … Continued

Controlling Employee Benefit Costs Amidst Inflation | NY Benefits Team

Inflation is a silent budget killer- it causes everything to go up, from your groceries to your gas, as the purchasing power of money decreases.  Americans are feeling the pinch as the U.S. experiences the highest inflation level in 40 years. Inflation has been particularly frustrating for Americans who are struggling to pay for items … Continued

Can HR Capitalize on Resignation Remorse? | New York Benefits Partners

The Great Resignation has paved the way for resignation remorse, according to a number of publications. In fact, 72% of the 2,500 U.S. workers surveyed by The Muse said their new role or company was very different from what they had been led to believe. For HR leaders still dealing with a labor shortage or … Continued

5 Things You Should Know About the Americans with Disabilities Act | New York Benefits Group

The Americans with Disabilities Act of 1990 makes it illegal for companies to discriminate in employment against a qualified individual with a disability, according to the U.S. Equal Opportunity Commission (EEOC). This legislation, which has been amended in the years since it was originally signed into law, provides guidelines to employers for accommodating and being fair … Continued

ER vs. Urgent Care | New York Benefits Group

All too often, illness or injury appears out of the blue: You wake up in the middle of the night with intense abdominal pain. You stumble while carrying groceries up a flight of stairs and can no longer put weight on your swollen ankle. Or your baby spikes a high fever on the weekend. These … Continued

6 Ways to Help Employees Combat Burnout| NY Employee Benefits Group

Respondents to the latest State of HR report list burnout as the greatest consequence of the pandemic. In fact, the Great Resignation lingers, in part, because the burnout has gotten worse. Now, companies are facing inflation, the yanking of job offers, and the possibility of layoffs. While they are tightening their belts and being far more cautious, their workers … Continued

How Inflation Influences Layoffs | New York Employee Benefits Firm

The United States, like some other countries around the world, including the United Kingdom and China, are facing an inflation crisis in this post-pandemic era. Inflation has great influence on Human Resources because it can cause the need for wage stagnation and budget cuts. The biggest disappointment during times of high inflation is the possibility … Continued

PCORI fees are due by Monday, August 1, 2022 | NY Employee Benefits Consultants

By way of background, the Affordable Care Act (ACA) created the Patient-Centered Outcomes Research Institute (PCORI) to study clinical effectiveness and health outcomes. To finance the Institute’s work, a small annual fee—commonly called the PCORI fee—is charged on group health plans. Grandfathered health plans are not exempt. Most employers do not have to take any … Continued

Relax! Vacations are Good for Your Health | New York Benefits Agency

American workers are notorious for being workaholics. In fact, The Center for Economic and Policy Research has gone so far as to call the U.S. the “No Vacation Nation.”  Deciding you need a vacation may feel indulgent but in reality, it is a crucial key to our overall health. Why do you need to take … Continued

What Employees Want: On-Demand Pay | NY Benefits Team

Payroll works the same way in almost every full-time job.  Employees earn money by working, and they all receive their earnings on a set date: payday.  However, in an era of same-day shipping, on-demand movies, and unlimited mobile access, individuals are increasingly expecting prompt access to nearly anything they need. For employees, this also means … Continued