The short answer is probably everyone. Your ability to work and earn a paycheck is one of your most valuable assets. It is essential to help support yourself and your family, but what would happen if you became too sick or injured to work? What is disability insurance? Disability benefits replace part of your…
By Dan Iskra, assistant vice president, Group Disability, MetLife No one enters the workforce thinking about how to prepare for an unexpected leave of absence or disability. But the odds of such an event are higher than you think. Over a quarter of today’s 20-year-olds will experience a disability before they retire. That should be…
With the arrival of fall, two things are guaranteed to happen: leaves will begin to change color, and “Open Enrollment” will start for most employers. Employers will inform their employees about new benefits and price changes to existing ones. They will often add new benefits to these packages. Increasingly, voluntary payroll deduction products are offered…
Creating an attractive and motivating compensation package for employees requires more than structuring an annual salary. Today, most employees are looking for comprehensive benefits that support themselves and their families throughout the year. However, with so many benefits options available, it can be overwhelming for organizations looking to make smart choices for their employees.…
We all know that life insurance is a must when it comes to protecting our family’s financial well-being, but paying an additional premium for disability income (DI) insurance can feel like a low priority given the many demands on our budget. Younger workers, in particular, often dismiss the need for private disability income insurance, unaware…
Dan Jolivet, Ph.D., Workplace Possibilities Practice Consultant, The Standard Income matters to virtually all workers, and the replacement of a percentage of income by disability insurance payments can make a tremendous difference for people who face a disabling injury or illness. But what if their disability insurance could help them remain on the job…
This article originally appeared on the American Fidelity Blog Employers know that each open enrollment season presents unique challenges and opportunities. With enrollments bound to change year to year, how do you keep up with the needs of your employees? An important step is to be aware of the current trends. Listening to what similar…
Alexandra Ginieres Chief Marketing Officer, MGIS In a constantly evolving hiring market, employers are looking for ways to recruit and retain the best workers and must competitively search for the right talent. Employees have gained negotiation leverage and want higher salaries, a better benefits package, career advancement opportunities, and improved work-life balance. The labor…
I have noticed a lot more mention of Paid Family and Medical Leave (PFML) online and in the print. It got me asking questions . . . how does PFML relate to disability income insurance, group STD and group LTD, FMLA, and other state and federal programs that already are on the books? For the…
Before writing this, I was reading something on Behavioral Economics. I’ve read lots of related material before and always found it interesting. But after this read, I was thinking, “you know, I feel like the Employee Benefits industry is under-utilizing Behavioral Economic concepts.” The more I thought about it, the more I started thinking about…
