The Broker Innovation Lab celebrates brokers and other benefits stakeholders who have embraced the changing marketplace to position themselves and their business for future success
HR leaders at small and mid-sized businesses juggle an average of eight different job responsibilities. Benefits brokers can help play a crucial role in optimizing and enhancing their clients’ employee benefits strategies.
Over a third of employees report they do not understand their supplemental health benefits. Brokers can help employers close the knowledge gap not only at enrollment, but year-round.
Over a third of U.S. workers expect their financial situation to improve. Brokers are well-positioned to help employers boost their workforce's financial health – and optimism.
With 73% of U.S. workers reporting that mental health benefits help employers attract and retain talent, brokers can help their clients design benefits packages that meet the needs of their employees.
Sixty-one percent of employers worry that updated HR technology and systems may cause them to lose the personal touch. Benefits brokers are in a unique position to strike the right balance.