Market Insights

The decline in HDHPs is evidence that employee health care is at a crossroads, one that benefits advisors must navigate carefully if they hope to succeed in a fast-evolving landscape.

Benefits advisors and HR departments face the challenging task of monitoring regulatory changes and managing growing benefit costs (like health care) while still providing employees with robust benefits that help them effectively attract and retain their workforce.

“Our analysis of systems, applications and products AI tools like Joule at large global organizations shows AI isn’t just about automation -- it’s about enabling every employee to become a super worker,” said Kathi Enderes, global industry analyst and senior vice president for research at The Josh Bersin Co.

Employers must rethink their retirement benefits and adopt science-backed approaches that drive meaningful impact. Here are four key strategies to consider:

Burned-out employees may cost American businesses millions each year.

Many plan sponsors believe personalized advice and guidance will improve retirement outcomes and see managed accounts as the next step in the evolution of “one portfolio for all perspectives,” according to PGIM’s Defined Contribution survey.