Employee Benefits | Inflation Resource Center

Employee Benefits | Inflation Resource Center

Inflation rates are hitting record highs not seen since 1981. Of course, this has adversely affected employees’ cost of living. However, it’s also having a serious impact on employers’ health care costs. Organizations that want to hold on to top talent can’t combat increased costs by simply shifting the burden to employees.

Explore CBIZ’s latest employee benefits insights for innovative ways to protect your business’ bottom line while providing the benefits your employees want . . . and expect.

Employee Benefits Articles

 
For employers looking to stay ahead of the curve this year, incorporating the benefits employees value most into their health plan is essential. However, it’s equally important to keep your bottom line in mind.
While most employers project salary increases this year, many are looking beyond pay alone to help attract and retain talent. The economic downturn has exacerbated the importance of taking a total rewards approach to meeting employees’ expectations, and having a strong, multi-faceted benefits program is an essential perk.
An estimated 2 million jobs could be lost nationwide in 2023, according to Citi Global Wealth Investment’s Wealth Outlook Roadmap. This means that unemployment could rise above 5% this year if projections reach these estimates.
The financial impacts of a recession are widely acknowledged. However, the emotional damage an economic downturn can inflict on employees is just as damaging, if not more so. As we head into a period of great uncertainty, employers should begin to consider how to support employees’ wellbeing to minimize fear and stress in the workplace.
Now is the time to get prepared for 2023 by starting your prep off strong, critically evaluating your benefits strategy, and staying ahead of the trends that are gaining traction. We’ve rounded up some of our top benefits articles from the month of November to kickstart your annual planning process.

Employee Benefits Live & On-Demand Webinars

 
Webinar
In this webinar, you’ll gain valuable insight into employer and employee-related laws and regulations that may affect your business, as well as guidance regarding upcoming legislation and changes that may have an impact on employee benefits in 2023. 
Webinar
If you’re seeking innovative ways to reduce turnover, increase health plan participation and put more money back in your employees’ pockets, this is a webinar you won’t want to miss.
Webinar
In this webinar, you’ll hear from our employee benefits and life insurance solutions experts on creative ways employers can put more money back in their pockets while attracting and retaining high-level talent. 
Webinar
During this webinar, you’ll hear from our CBIZ experts on the power of employee-paid benefits amid the impending recession.