4 Ways Inflation and Higher Costs Impact HR

U.S. President Joe Biden recently laid out his plans to combat inflation and the high cost of living. The average family is spending an additional $327 per month compared to pre-pandemic costs, according to a CNN broadcast May 10. At the time, the national average price of gas was $4.37. While the Federal Reserve can … Continued

Benefits Education 101 for Employees | Virginia Benefits Firm

Companies spend a large amount of time and money creating valuable benefits plans for employees.  But after all that work, they often get low participation.  Good benefit choices require an effort from employers to ensure that employees have help in understanding their benefits options.  To make things even more complex, employers are having to consider … Continued

How to Build a Learning Culture | VA Employee Benefits Advisors

Most HR leaders agree that building a strong learning culture is the foundation for achieving positive business outcomes and effectively confronting the future of work. In addition, a younger generation of workers is demanding more of employers, and they expect career development and continuous learning to be the norm. As a result, learning culture influences employee engagement … Continued

The 4 W’s of Lifestyle Benefits | Virginia Employee Benefits Partners

Com­pet­i­tive wages are no longer enough to sat­is­fy and sup­port val­ued employ­ees. Today, a vari­ety of ben­e­fits and perks play an essen­tial role in attract­ing and retain­ing talent. Lifestyle benefits, sometimes referred to as employee perks, are non-salary benefits given to employees to improve their overall lifestyle that go above and beyond standard medical, dental and … Continued

Mental Health is Wealth, So Start Saving Up Now! | VA Employee Benefits Group

“Suck it up,” “cheer up,” “snap out of it,” “but you don’t look sick”- these are just some of the phrases that well-meaning friends and family tell loved ones struggling with mental health issues. Research shows that one in five adults struggle with mental health conditions.  Mental health struggles include depression, bipolar disorder, anxiety, schizophrenia, … Continued

Transparency in Coverage | VA Benefits Team

Health plan price transparency helps consumers know the cost of a covered item or service before receiving care. Beginning July 1, 2022, most group health plans and issuers of group or individual health insurance will begin posting pricing information for covered items and services. This pricing information can be used by third parties, such as … Continued

As Cybercriminals Act More Like Businesses, Insurers Must Think More Like Criminals | VA Benefits Group

Cybersecurity is no longer an emerging risk but a clear and present one for organizations of all sizes, panelists on a panel at Triple-I’s Joint Industry Forum (JIF) said. This is due in large part to the fact that cybercriminals are increasingly thinking and behaving like businesspeople. “We’ve seen a large increase in ransomware attacks for the … Continued

Millennials Want Better Pay and Benefits, Not Perks | Virginia Employee Benefits Agency

As a Millennial business consultant who helps companies create people-first company cultures, one of the most frequent questions I’m seeing pop up among employers during the pandemic’s labor shortages is: “What perks can my company offer to attract and retain top Millennial talent?” Then, they’re inevitably disappointed when I tell them that perks like nap pods, … Continued

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