Benefits Products & Services Financial wellness interest grows MetLife partnership with EY helps strengthen “human connection” Since the firestorm of the financial crisis a decade ago, employers have been gradually providing employees with more financial management help as part of their benefit plans. Initially, coming out of the recession, this help centered on retirement plans—boosting employee contributions by educating staff members and enrolling them automatically; and adding investment tools, such
Benefits & Financial Services
Coverage plays an important role in contemporary employees’ financial security Employers are facing a whirlwind of change in the post-recession economy. Employment is booming and competition for quality workers is on the rise, as employers hunt for skilled staff members to implement new technology. And the workers themselves are changing. Same-sex marriages, blended families and non-binary relationships are changing the definitions of family. But no matter how their families are
The reason consumers should buy disability income protection is the same reason agents should sell it As statistics will reveal, it happens all too often: an unexpected illness or injury occurs and the income we live off—the money that pays our mortgage or rent, that buys our food, and that goes to other expenses—disappears. And it doesn’t really make too much difference if the disability lasts a month or goes
Experts note plan enhancements and a move toward the voluntary market When a molar starts to throb in the middle of the night, suddenly dental insurance jumps from a minor paragraph in the benefits booklet to a godsend. And when aging eyes cause someone to fail a driver’s test for the first time, an employer-paid eye exam may help solve the problem. Dental and vision care are among the oldest
Benefits Products & Services MassMutual study looks at gaps in plan participants’ sense of financial security For some time, major employee benefits providers have been beating the drum for increased simplification of enrollment methods—anything that can streamline an employee’s decision-making process, and, above all, help them see the connection between the products offered and their own personal needs. “More lower- and middle-income workers than upper-middle-income workers are likely to say
