How Inflation Influences Layoffs | Virginia Employee Benefits Partners

The United States, like some other countries around the world, including the United Kingdom and China, are facing an inflation crisis in this post-pandemic era. Inflation has great influence on Human Resources because it can cause the need for wage stagnation and budget cuts. The biggest disappointment during times of high inflation is the possibility … Continued

Benefits Education 101 for Employees | VA Employee Benefits Advisors

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

What Employers Should Know About Corporate Social Responsibility | Virginia Benefits Team

All organizations impact society in a variety of ways. This influence could be through their core products or services, how they conduct business or even a combination of both. Corporate social responsibility (CSR) generally refers to an organization’s impact and how it approaches accountability for its actions. CSR compasses internal and external business activities, but … Continued

Best Practices for Employee Appreciation | VA Employee Benefits Group

As HR leaders work hard to retain talent during a historic labor shortage, they are trying to show employee appreciation. At the HR Exchange Network Employee Engagement and Experience online event, Mary Shelley, Chief People Officer at Tango Card, shared best practices for rewarding employees to inform them of their value to the organization. In the session, 5 … Continued

The 4 W’s of Lifestyle Benefits | VA 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 Firm

“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 Health Coverage | Virginia Benefits Partners

New transparency in coverage requirements apply to group health plans and health insurers in the individual and group markets. These rules require plans and issuers to disclose certain price and cost information to participants, beneficiaries and enrollees. These provisions only apply to non-grandfathered coverage, including both insured and self-insured group health plan sponsors. The requirements … Continued

What is Mental Health and Wellness in HR? | Virginia Employee Benefits

Mental health and wellness in HR are becoming top priorities for employers. In fact, HR leaders named mental health and wellbeing as their third biggest problem, behind the labor shortage and retaining talent, in the latest HR Exchange Network State of HR report. In addition, those surveyed also said burnout was the top consequence of the pandemic. … Continued