1st off, Happy Valentine's Day everyone! We hope you all have a splendid day! We are happy to share our 1st newsletter of 2020 with you. We hope you enjoy and as always, if you have any content requests, please let us know! Have a great weekend everyone!
Hot off the presses, we have our 3rd Qtr Newsletter. This quarter we discuss ERISA and POP compliance, which is incredibly important and often forgotten believe it or not! We have some great tips for spine health when gardening and information about allowing employees to really customize their benefits (which they LOVE!) Check it out and let us know what you think. We'd love to include information on topics you want to hear about in the 4th Qtr Newsletter!
Make sure you max out your HSA contributions for 2018. You have until April 15, 2019 to make contributions.
Providing employees with access to a workout facility shows a commitment to wellness. As such, many employers offer gym memberships as part of their employee benefits. However, every employee is unique and their preference for physical activity varies. There isn’t a “one size fits all” way to provide workout options….or is there?
Introducing Peerfit! A unique way to provide employees access to the physical activity of their choice! With Peerfit, a company can provide every employee with access to multiple workout facilities, so employees can personalize their fitness benefit. Better yet, the company only pays for the activities/classes that an employee participates in, which can help reduce unnecessary expenses.
Employee Benefits can include more than insurance. If you’ve been looking for a unique benefit to add to your benefit package you need to check out Peerfit!
Let us know if you would like an introduction to the Peerfit team.
Get your fitness on!
A comprehensive benefit package not only serves to attract and retain high quality employees, it can keep employee morale high and positively impact productivity. According to MetLife’s most recent U.S. Employee Benefit Trends Study (conducted fall of 2016), employees feel that the benefits they receive from work result in less worrying with 74% sharing that having insurance/benefits give them “peace of mind.” This peace of mind allows them to focus on work rather then spend time at work worrying.
The study also found that employees (58%) desire the ability to customize their benefits to meet their needs and employees (52%) are willing to bear more of benefit costs for this customization. Employers can capitalize on this by offering voluntary employee benefits, giving employees easy access to products they want. It’s a win win situation.
If you’d like to learn more about voluntary benefits give us a call or send us an email!
If you want to learn more about MetLife’s U.S. Employee Benefit Trends Study, please visit Benefittrends.metlife.com
The GBD team. We are here to serve you!