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Work-Life Programs Help Companies Attract And Retain Talent Human resources professionals are increasingly reporting that work-life programs, such as flex-time, telecommuting, and dependent care assistance, are influencing employees’ decisions about whether to take a job or remain with an employer, according to a survey on the prevalence and perceptions of benefit programs conducted by WorldatWork, a non-profit association of benefits professionals. Employees Place High Value On Workplace Health Care Benefits As Costs Escalate Amid growing concerns about the rising cost of health care and the potential barriers to obtaining insurance coverage, workers with access to employment-based health plans appear to value medical benefits above the actual dollar amount that employers contribute to the plans, an annual survey on health confidence conducted by the Employee Benefit Research Institute (EBRI) revealed. 401(k) Plan Sponsors Adding Automated Features As the trend among employers toward automatically enrolling employees in 401(k) plans gathers momentum, many retirement plan sponsors are also adopting additional automated features designed to help workers prepare more effectively for retirement, a study released by human resources consultancy Hewitt Associates concluded. Paying For Testing In Advance Encourages Preventive Care A health care plan in which members pay in advance for preventive tests may be more effective in encouraging positive behavior than standard health care plans or plans that pay the insured for attending screenings, according to researchers Dan Ariely and Janet Schwartz of Princeton University’s Institute for Advanced Studies. |
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