Morning Briefing
Summaries of health policy coverage from major news organizations
With Wages Stagnant, Health Perks Are Often Used By Companies To Recruit And Retain Talent
Bloomberg: Forget Raises. Employers Lean On Health Benefits To Retain Workers
Wages are still stagnant, yet employers have found something else to help attract and retain employees: health-care benefits. A good insurance plan has become a more vital tool than ever for hiring, according to a recent survey from the Society of Human Resources. ... Of all the perks, however, health care was by far the most frequently used for employee retention. A full 80 percent of HR professionals in the survey cited health benefits, more than retirement and vacation, as a way to keep talent, up from 58 percent in 2012. (Greenfield, 10/21)
The Washington Post: You Could Lose Hundreds Of Dollars A Year By Ignoring These Employee Benefits
A survey of human resource managers conducted earlier this year by the Society for Human Resource Management found that fewer than 1 in 10 thought their employees were “very knowledgeable” about the benefits available to them. ... Since it’s open enrollment season for many companies, now’s a good time to look over what your benefits package provides — and what you might be missing out on. (Moore, 10/21)