Employee Benefits Report – August 2022

Big Increases in Voluntary Benefits Participation

couple looking at bill
According to a survey by professional services firm Aon, the number of employers offering voluntary benefits increased by 41 percent from 2021 to 2022.
Read on for details.
 

DOL Issues Mental Health Parity Act Enforcement Warning

grandparents walkng with grandchildIn 2021, Congress passed the Consolidated Appropriations Act to put teeth into the Mental Health Parity and Addiction Equity Act (MHPAEA) of 2008. Read on for details.
 
 

How to Use Benefits to Improve Talent Acquisition and Retention

grandpa and grandson putting money in a piggy bankWith over 4 million more job openings than employees to fill them, the task of talent acquisition and retention has become a significant challenge for many companies. Read on for details.
 
 

Zillennials Challenge Traditional Workplace Conventions

pre-schoolMetLife’s 20th Annual Employee Benefit Trends Study shows job satisfaction has tumbled to a two-decade low. Zillennials – who represent the generation born between 1993 and 1998 – exhibit the lowest level of satisfaction.
Read on for details.