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Helping Managers Understand and Address Stress

DecisionWise

In comparison,?Chinese Adults citing the economy as a significant source of stress declined slightly from 2018 (48%) to 2019 (46%), though the proportions in both years represent a large decrease from the highest level reported, when nearly seven in ten adults (69%) identified the economy as a significant stressor in 2008 vi.

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Layoffs: How To Conduct Them Properly And Potentially Avoid Them Altogether

HR Tech Girl

I’ve been managing people and budgets for over 20 years, and I was a CFO in 2008 when the recession hit and we had to drastically cut the company budget. Of course, layoffs may have ultimately been unavoidable but could have been marginal in comparison. Unfortunately, that included laying off a portion of our team.

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Key Compliance Changes in 2024: What Brokers Need to Know

Extensis

New proposed ruling regarding the MHPAEA The Mental Health Parity and Addiction Equity Act of 2008 (MHPAEA) mandates parity between mental health/substance use disorder benefits and medical/surgical benefits. With the changes come a need for employee education for how to use the tools available.

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Reduce Financial Stress with This Type of Insurance

Best Money Moves

One of the things we saw after the recession in 2008 was many companies were so financially stressed that they started cutting their benefits. He says it’s important to communicate that cost comparison so employees know what they’re getting. “An How Employer-Sponsored Life Insurance Can Reduce Financial Stress.

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The Economy and Your Workforce: Why It Matters Now

Cornerstone On Demand

The global economy will continue to experience its ups and downs, but most economists seem to agree that we have recovered from the recession of 2008-2010 and the U.S. economy, in particular, has made a strong comeback. From a labor perspective, unemployment is down, job openings are up, and consumer confidence has increased.

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Mental Health Coverage Gets a Boost from Biden Administration: How the Proposal Affects Health Plans

Extensis

Last month, the Biden Administration added to the conversation by proposing a new set of rules to strengthen the 2008 Mental Health Parity and Addiction Act (MHPAEA). With more people actively seeking care, it’s begun to remove the stigma formerly associated with mental health and bring it front and center as a modern health benefit.

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Guardian’s 11th Annual Workplace Benefits Study: An Overview of PEO Trends

Extensis

Reports show the number of employers using PEOs has grown nearly 40% since 2008, and Guardian’s 11 th Annual Workplace Benefits Study shares insights into why. This is in comparison to only 5 in 10 employers who aren’t PEO members. And consequently, 50% of those implementing a PEO solution are less likely to go out of business.

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