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Archive for Items Categorized 'Human Resources'

Multigenerational workforces demand different healthcare experiences

From United Healthcare

As the workforce continues to evolve, employers will need to find ways to ensure their health plan delivers an experience in line with their employees’ needs and expectations.

From new college hires to seasoned executives, it’s not uncommon for an employee population to span multiple generations. In fact, there are 4 commonly defined generations currently active in the workplace today: Baby Boomers, Generation X (Gen X), Millennials and Generation Z (Gen Z).

With these multigenerational employee populations come varying healthcare needs, expectations and preferences. For instance, Baby Boomers are likely to have different healthcare issues and priorities than their younger counterparts, based on several factors including biological age, life experience and socioeconomic influences.

This can make it a challenge for employers to determine which healthcare experiences are the right fit for their unique employee population. And finding the right fit matters.

It’s important for employers to understand their employee population’s needs and to keep generational preferences in mind when designing healthcare plans. Doing so provides options for employees who prefer to access health care in different ways. This maximizes engagement and improves the experience and may lead to higher overall employee satisfaction and talent retention.

Improve Employee Retention

As your business continues to look for ways to compete for talent, one of the top ways you can differentiate yourself is by offering a competitive benefits package. In fact, according to a recent LIMRA study, expanded benefits are key to meeting post COVID-19 needs and winning the war on talent.¹
However, to ensure that you and your employees get the most value from your benefits, employees must understand the benefits that are being offered to them. That’s why, in conjunction with highly trained benefits counselors, Ronstadt Insurance offers a variety of benefits communication and education resources that can be tailored to the needs of your employees.
Our Employee Navigator website can be personalized for your employees. With a focus on customer experience, these platforms provide both core and voluntary benefits information, easy access to benefit counseling, bilingual capabilities and more.
Ready to learn more? Contact us today at 520-721-4848! 

¹LIMRA, “Harnessing growth and seizing opportunity: The future of workforce benefits”, 2021