Benefits Buzz

Since the start of the pandemic, mental and behavioral health requests  increased 100 percent . For the youngest employees, that increase  was even higher . While the mental wellness need was always there, employers are increasingly taking notice. One specific area we’re seeing is  simply removing the stigma around mental health and illnesses and making sure we all know how to...

Putting out fires. Not enough time for strategy. Even less time to focus on the personal and professional growth of yourself and your team (if you manage one).  These are real issues.  And the churn of Zoom calls in the last couple years has only compounded the issue for many. We want to talk through time management and prioritizing growth with a real expert in Jones Loflin, who is an au...

The data is clear: In many ways, women have been more disproportionately affected by the pandemic than men. From February 2020 to January 2022, male workers regained all jobs they had lost due to the public health crisis, according to  one analysis . However, 1.1 million women left the labor force during that span, accounting for 63 percent of all jobs lost. And 42% of women and 35% of men ha...

Record-breaking job turnover has become a monthly headline. Fortunately for health savings account (HSA) participants, their HSAs stay with them even when they switch jobs. But now what are the options? We break down these options with an HSA when changing jobs. Or check out our blog post for more information.

Open enrollment might be the biggest moment on the benefits calendar year. How soon are you letting employees know it’s coming? And how can you get their attention early so they research now and save later? We talk with our own Steve Carroll, who will share his suggestions on building a year-round benefits communication plan to prepare for open enrollment.

You can learn about your workplace culture through exit interviews, but your active employees might provide even more valuable insight. WEX recently started conducting “stay interviews” to learn why employees keep working here. What was the motivation behind it? And how do they work? Chelsie Camp from our HR team joins us to provide you with potentially another way to collect employee feedback.

As employers explore new ways to support employee wellness, lifestyle spending accounts (LSAs) are a trendy benefit and a versatile way to show employees you care. LSAs are completely customizable by employers. With so many options, where do you begin? Arika Palloch on our sales team is here to talk through her experience in designing an LSA that’s a perfect fit for each employer. Get five ideas o...

Did you know that  more than half of Americans  do not have enough savings to cover an unplanned expense of $1,000? While HSA funds can be invested, the vast majority of participants need these accounts to save on today’s expenses. One of our subject-matter experts on HSAs shares his insight on HSA messaging so employers can better connect the perks of these accounts with how participant...

Most employers are a couple months into their new plan years. Are your employees engaging with their accounts? Do they even know how best to get started? We’re opening Season 5 of our Benefits Buzz podcast with one of our resident experts, who will give you some tips on supporting participants just getting started in a new plan year. Check out our blog post for more tips!

Bonus episode! Hybrid and work-from-home opportunities have combined with the Great Resignation to make recruiting and retention a greater challenge for human resource teams than possibly ever before. We assembled a panel of experts to talk about this challenge and what they are doing during this unique time in HR. For more from HSA Day, go to https://www.wexbenefitsyou.com/hsaday/

There’s a common story in HR. You wear a lot of hats and those hats come with a lot of questions. Recruiter, therapist, referee, party planner, and benefits guru. Need we say more? Education is your ticket to fewer emails, IMs, and knocks at your door. The more employees understand their benefits, the more quiet time for you. HSA Day is a day to learn. Let’s change the HR story. Get everything you...

From mental health awareness to COVID risks to decreased medical costs, there’s value in you incentivizing employee wellness. What wellness initiatives should you focus on? And what are your incentive options? Jim Miller of KrowdFit talks to our hosts about his extensive experience with wellness incentives.

This is a time of change for employee benefits. Mental health is getting much-needed attention. And with more employees working from home, inside-the-office games and events are no longer appealing. Employers are needing more flexibility in how they address benefits and employee wellness. Lifestyle spending accounts and wellness HRAs are two options employers can turn to. But which is the right on...

Innovation can come from anywhere! That’s why it’s important all of your employees are engaged and feel like they have a voice in what your business is doing to provide the best products and services for its customers. We’ve brought on a pair of guests to discuss the inspiration behind our innovation challenge and provide just one example of how that challenge has made a difference for our partner...

There are hundreds of expenses that are eligible for your HSA and FSA funds. And what is eligible may surprise you! We quiz our guests to educate them and educate you on some of the surprise eligible expenses for an HSA and FSA. Check out our complete  eligible expense list  for HSAs, FSAs, and more.

Two-fifths of workers  say they are more likely to than they were a year ago to consider a new job that offers better benefits. The benefits employers offer their employees are as important as ever. But how do you know they are meeting your employees’ needs? One way is with data. We’ll chat analytics 101: What data is commonly available and what you should look for to boost your recruiting an...

In the midst of the Great Resignation and with  recruiting/retention efforts at a premium , the lifestyle spending account (LSA) is one way employers can differentiate their benefits package. Learn how one client has leaned on LSAs for years to improve their recruiting and retention.

The last 18 months have been unlike anything you’ve ever experienced. For our human resources listeners, it’s required you to be nimble and flexible in responding to dramatic changes to your employees’ needs. But with more changes this year as employees return to the office and with employment demand seemingly outweighing supply in many industries, this could be your most open enrollment period ev...

You’ve probably been here before … an employee asks you, “When is our open enrollment?” or “Is our office closed to celebrate the upcoming holiday?” even though your HR team has already sent multiple emails to employees with these answers. How can you better get your employees’ attention when communicating important information? Two of our communication experts share their advice.

Human resources professionals are responsible for a wide variety of tasks. However, when it comes to employee benefits, there are ways to reduce the HR workload. Learn the value of integrations with three specific examples of how you can cut down your to-do list with improved technology.

Health savings accounts (HSAs) give you three ways to save on your healthcare costs today. But did you know they also have long-term perks that rival a 401(k) and IRA? Those are just a few of the reasons why the number of HSAs has doubled in the last five years. Learn more about how you can benefit from participating in an HSA. Shop HSA Store using the promo code "WEXPOD10" for $10 off a $100 purc...

If you spend your hard-earned dollars on eligible mass transit or parking work-related costs, then commuter benefits can help you save. We walk through the basics of these pre-tax plans so you can learn more about the potential savings.

It’s open enrollment time for most employees. That means this is your best opportunity to save money on your healthcare costs by contributing pre-tax dollars to a variety of benefits options. If you’ve been offered a medical flexible spending account (FSA), we’ll share a few of the reasons a medical FSA could be right for you. Shop FSA Store using the promo code "WEXPOD10" for $10 off a $100 purch...

Do you have childcare expenses or care for a disabled loved one? If so, you may be able to save money by participating in a dependent care flexible spending account (FSA) if your employer offers one. Learn the basics of a dependent care FSA, so you can learn how to save money on your dependent care costs. Check out our blog post to learn more. 

A culture rooted in equality is vital to making sure your business reaches its full potential. It’s no surprise that companies with higher gender diversity in their executive team  are more likely  to experience above-average profits. But historically, women have experienced unique challenges in climbing the corporate ladder. For example, o nly 7.4% of Fortune 500 CEOs are women. Our cha...