When considering health and benefits strategies for this year, cost containment will be a top priority for employers. Employers face unique challenges when it comes to addressing the health and wellness of their workforce, with employees grappling with health care costs that are rising faster than wages are increasing. It’s critical for employers to ensure they’re tuned in to the health care needs of their workforce so they can be strategic about their investment in health care benefits while maximizing the chances of employee engagement with health and wellness initiatives.
Picture this: John, one of your most talented junior managers, has had a number of life changes recently, both happy and challenging. He’s gotten married, moved into a new condo, and has started caring for an aging relative. He’s got a lot on his plate, personally, professionally, and financially.