Over the last few years, almost every aspect of the workplace has changed, leading to many unforeseen challenges. Unfortunately, many of the challenges that plagued workplaces in 2022 will likely continue in 2023 and beyond. Understanding this year’s key employee benefits trends can help employers assess whether their offerings meet employee demands and needs so that they can attract and retain talent. This article discusses six key employee benefits trends for 2023.
Two new laws that were included in the federal omnibus spending bill, enacted on Dec. 29, 2022, will expand workplace rights for employees affected by pregnancy, childbirth or related conditions starting in 2023. This Legal Update provides more information about the Providing Urgent Maternal Protections (PUMP) for Nursing Mothers Act and the Pregnant Workers Fairness Act (PWFA).
There’s growing anxiety that the U.S. economy is heading into a recession. Due to HR professionals’ unique and strategically important positions, these teams can greatly impact whether organizations can withstand a recession. Although a recession cannot be prevented, HR departments can use the strategies outlined in this HR Insights article to help employers prepare for and minimize the impact of a recession on their organizations.
A new federal spending law extends the ability of HDHPs to provide benefits for telehealth or other remote care services before plan deductibles have been met without jeopardizing HSA eligibility. This relief applies for plan years beginning in 2023 and 2024. This Legal Update provides an overview of the extension.
We believe that passion for people builds innovative workplaces that have higher levels of performance, more engagement and satisfaction, and overall cost reduction in long term health-related expenditures.