Employees who rate their manager as strong in five key areas (autonomy, charisma, humanity, participative, and team-oriented) have better mental health than those rating their manager poorly.
63% of business leaders and decision makers feel their business lacks resources or needs help handling Employee Retention Tax Credit (ERC) tax credits.
Of those plan sponsors who reported full employee participation, 80% had a plan financial advisor, according to a Morgan Stanley, who just enhanced its design.
This largest-ever rescue covers 350,000 workers and retirees of the Central States Pension Fund, one of the largest multi-employer pension plans in the nation that was projected to become insolvent in 2026 prior to the pandemic.
Employees still kept their employer-sponsored retirement plans on track in Q3 even as they saw a decline in their retirement accounts, according to Fidelity.
Many have cancelled or postponed plans in the past year to see a specialist, take a prescribed medication or get an annual physical – and 14% are considering downgrading their health insurance, says a new report.
Old solutions, like cost shifting, will not work - companies that don't innovate, strategize and find new solutions will fall behind in their ability to retain key talent, according to a new report.
DebugScreen: mobile
{
"author": {
"name": "Joel Kranc",
"webUrl": "/author/profile/joel-kranc/",
"description": "",
"imageLarge": "https://secure.gravatar.com/avatar/f16d6fc2845f417ea0e93a3f2b6cd37d?s=136&d=mm&r=g",
"estimate": 220,
"social": [],
"articles": [
{
"uri": "/2022/12/28/flexible-benefits-grow-in-importance-in-2022-survey/",
"title": "Flexible benefits grow in importance in 2022: Survey",
"byline": "Joel Kranc",
"kicker": "Case Study",
"prettyDate": "December 28, 2022",
"timeToRead": "2 minute",
"image": {
"uri": "https://images.benefitspro.com/contrib/content/uploads/sites/412/2022/06/shutterstock_501073855-employee-benefits-dart.jpg",
"width": "700",
"height": "466"
},
"authors": [
{
"webUrl": "/author/profile/joel-kranc/",
"name": "Joel Kranc"
}
],
"kickerNode": [
{
"uri": "/case-study/",
"sectionName": "Case Study"
}
],
"summary": "Employee benefits remain a critical component of the relationship between employers and employees.",
"body": null
},
{
"uri": "/2022/12/15/workers-favor-health-and-wellbeing-services-when-choosing-an-employer/",
"title": "Workers favor health and wellbeing services when choosing an employer",
"byline": "Joel Kranc",
"kicker": "Case Study",
"prettyDate": "December 15, 2022",
"timeToRead": "2 minute",
"image": {
"uri": "https://images.benefitspro.com/contrib/content/uploads/sites/412/2022/09/Burnout-Article-202209061508.jpg",
"width": "620",
"height": "372"
},
"authors": [
{
"webUrl": "/author/profile/joel-kranc/",
"name": "Joel Kranc"
}
],
"kickerNode": [
{
"uri": "/case-study/",
"sectionName": "Case Study"
}
],
"summary": "Employees who rate their manager as strong in five key areas (autonomy, charisma, humanity, participative, and team-oriented) have better mental health than those rating their manager poorly.",
"body": null
},
{
"uri": "/2022/12/13/small-businesses-struggle-with-erc-tax-credit-submissions/",
"title": "Small businesses struggle with ERC tax credit submissions",
"byline": "Joel Kranc",
"kicker": "",
"prettyDate": "December 13, 2022",
"timeToRead": "3 minute",
"image": {
"uri": "https://images.benefitspro.com/contrib/content/uploads/sites/412/2021/12/fav-man-acccounting-business-small.jpg",
"width": "616",
"height": "411"
},
"authors": [
{
"webUrl": "/author/profile/joel-kranc/",
"name": "Joel Kranc"
}
],
"kickerNode": [],
"summary": "63% of business leaders and decision makers feel their business lacks resources or needs help handling Employee Retention Tax Credit (ERC) tax credits.",
"body": null
},
{
"uri": "/2022/12/09/new-improved-plan-sponsors-prioritizing-401k-plan-design-amid-recent-challenges/",
"title": "New & improved: Plan sponsors prioritizing 401(k) plan design amid today's challenges",
"byline": "Joel Kranc",
"kicker": "Research",
"prettyDate": "December 09, 2022",
"timeToRead": "4 minute",
"image": {
"uri": "https://images.benefitspro.com/contrib/content/uploads/sites/412/2019/10/gears-people-employees-advisors.jpg",
"width": "616",
"height": "417"
},
"authors": [
{
"webUrl": "/author/profile/joel-kranc/",
"name": "Joel Kranc"
}
],
"kickerNode": [
{
"uri": "/research/",
"sectionName": "Research"
}
],
"summary": "Of those plan sponsors who reported full employee participation, 80% had a plan financial advisor, according to a Morgan Stanley, who just enhanced its design.",
"body": null
},
{
"uri": "/2022/12/09/biden-announces-36-billion-in-relief-for-ailing-teamsters-pension-fund/",
"title": "Biden announces $36 billion in relief for ailing Teamsters' pension fund",
"byline": "Joel Kranc",
"kicker": "News",
"prettyDate": "December 09, 2022",
"timeToRead": "3 minute",
"image": {
"uri": "https://images.benefitspro.com/contrib/content/uploads/sites/412/2021/01/2021-1-21-biden-covid-19-orders-367447810_Bloomberg_MI_al-drago.jpg",
"width": "616",
"height": "372"
},
"authors": [
{
"webUrl": "/author/profile/joel-kranc/",
"name": "Joel Kranc"
}
],
"kickerNode": [
{
"uri": "/news/",
"sectionName": "News"
}
],
"summary": "This largest-ever rescue covers 350,000 workers and retirees of the Central States Pension Fund, one of the largest multi-employer pension plans in the nation that was projected to become insolvent in 2026 prior to the pandemic.",
"body": null
},
{
"uri": "/2022/12/05/401k-balances-drop-23-this-year-yet-contributions-steady/",
"title": "401(k) balances drop 23% this year (yet contributions steady)",
"byline": "Joel Kranc",
"kicker": "News",
"prettyDate": "December 05, 2022",
"timeToRead": "3 minute",
"image": {
"uri": "https://images.benefitspro.com/contrib/content/uploads/sites/412/2019/01/bear-market-money-stocks.jpg",
"width": "617",
"height": "419"
},
"authors": [
{
"webUrl": "/author/profile/joel-kranc/",
"name": "Joel Kranc"
}
],
"kickerNode": [
{
"uri": "/news/",
"sectionName": "News"
}
],
"summary": "Employees still kept their employer-sponsored retirement plans on track in Q3 even as they saw a decline in their retirement accounts, according to Fidelity.",
"body": null
},
{
"uri": "/2022/12/02/health-insurance-consolidation-good-for-consumers/",
"title": "Health insurance consolidation: Good for consumers?",
"byline": "Joel Kranc",
"kicker": "Research",
"prettyDate": "December 02, 2022",
"timeToRead": "2 minute",
"image": {
"uri": "https://images.benefitspro.com/contrib/content/uploads/sites/412/2021/08/Provider-Consolidation-MI.jpg",
"width": "616",
"height": "372"
},
"authors": [
{
"webUrl": "/author/profile/joel-kranc/",
"name": "Joel Kranc"
}
],
"kickerNode": [
{
"uri": "/research/",
"sectionName": "Research"
}
],
"summary": "The share of commercial markets that are highly concentrated increased from 71% to 75%, from 2014 to 2021.",
"body": null
},
{
"uri": "/2022/11/28/nearly-half-of-worldwide-employees-would-not-recommend-their-company-or-profession-to-their-children-survey/",
"title": "Nearly half of worldwide employees would not recommend their company or profession to their children: Survey",
"byline": "Joel Kranc",
"kicker": "Case Study",
"prettyDate": "November 28, 2022",
"timeToRead": "3 minute",
"image": {
"uri": "https://images.benefitspro.com/contrib/content/uploads/sites/412/2021/09/fav-04-man-choosing-shtstk-list-box-check.jpg",
"width": "650",
"height": "417"
},
"authors": [
{
"webUrl": "/author/profile/joel-kranc/",
"name": "Joel Kranc"
}
],
"kickerNode": [
{
"uri": "/case-study/",
"sectionName": "Case Study"
}
],
"summary": "Nearly two-thirds of employees (64%) would switch jobs right now if they could.",
"body": null
},
{
"uri": "/2022/11/21/high-inflation-hits-health-care-americans-skimping-on-critical-treatment-meds/",
"title": "High inflation hits health care: Americans skimping on critical treatment, meds",
"byline": "Joel Kranc",
"kicker": "Infographic",
"prettyDate": "November 21, 2022",
"timeToRead": "3 minute",
"image": {
"uri": "https://images.benefitspro.com/contrib/content/uploads/sites/412/2018/03/DoctorsOffice.jpg",
"width": "600",
"height": "400"
},
"authors": [
{
"webUrl": "/author/profile/joel-kranc/",
"name": "Joel Kranc"
}
],
"kickerNode": [
{
"uri": "/infographic/",
"sectionName": "Infographic"
},
{
"uri": "/research/",
"sectionName": "Research"
}
],
"summary": "Many have cancelled or postponed plans in the past year to see a specialist, take a prescribed medication or get an annual physical – and 14% are considering downgrading their health insurance, says a new report.",
"body": null
},
{
"uri": "/2022/11/18/2023-global-health-care-benefit-costs-to-reach-highest-level-in-15-years/",
"title": "2023 global health care benefit costs to reach highest level in 15 years",
"byline": "Joel Kranc",
"kicker": "Research",
"prettyDate": "November 18, 2022",
"timeToRead": "3 minute",
"image": {
"uri": "https://images.benefitspro.com/contrib/content/uploads/sites/412/2018/03/InsuranceCoPay.jpg",
"width": "616",
"height": "372"
},
"authors": [
{
"webUrl": "/author/profile/joel-kranc/",
"name": "Joel Kranc"
}
],
"kickerNode": [
{
"uri": "/research/",
"sectionName": "Research"
}
],
"summary": "Old solutions, like cost shifting, will not work - companies that don't innovate, strategize and find new solutions will fall behind in their ability to retain key talent, according to a new report.",
"body": null
}
]
}
}