Comparing prepaid cards, marketplaces, and card-linked wellness benefits
Finding the right solution to any problem is stressful, particularly when it’s for an employee experience initiative. For People Teams investing in wellness benefits, there are countless tools and platforms, few of which will actually meet their workforce’s needs and expectations. Here are the factors to consider when introducing or...
Comparing pre-tax and taxable wellness benefits
Wellness benefits – from HSAs to gym reimbursements and everything in between – are an increasingly popular aspect of compensation packages. In order to compete effectively, HR and Finance Teams must understand how wellness benefits work from a compliance and implementation standpoint. Generally speaking when it comes to...
How to design wellness benefits that employees actually use and appreciate
As an increasing number of employees experience stress and burnout, many organizations determined that investing in wellness is a top priority for improving their overall compensation and retention strategies. Unfortunately, some well-intentioned People Teams have been frustrated by trying to design a generous and inclusive wellness...
How to budget and calculate the ROI for wellness benefits
People Teams seeking to budget for and invest in wellness benefits must know how to make a compelling case internally. Fortunately, there’s now overwhelming evidence for the ROI of wellness benefits along with a number of other initiatives that can be safely scaled back for cost-savings due to remote work. Salary isn’t enough...
Spot bonuses or wellness benefits? How to create better compensation and win the war for talent
People teams frequently ask for recommendations for attracting and retaining top talent. Should they initiate Summer Fridays? Or a #kudos channel on Slack? How about spot bonuses and wellness benefits? A record number of employees are quitting their jobs. Combine that with the long-term “skills mismatch” problem and it’s no...
The key to a successful wellness benefit is a better user experience powered by card-linking
One of the most frustrating challenges for People Teams creating great employee experiences is when initiatives fail despite being exactly what employees asked for. Employees criticize their employer for not prioritizing their wellbeing, but then no one uses the generous wellness benefits offered! Similarly, employers offer unlimited...
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