In 2023, employers were forced to confront new and enduring challenges, including rising healthcare costs, regulatory changes, ongoing high inflation, a competitive labor market, and growing employee demands. For many organizations, these challenges resulted in a difficult and demanding year. While many of these difficulties will likely continue through 2024 and beyond, understanding these challenges…
May is Mental Health Awareness Month, a national campaign designed to raise awareness about mental health issues and reduce the stigma surrounding mental illness. Mental health issues and mental illness are common. According to the National Institute of Mental Health, nearly 60 million U.S. adults lived with mental illness in 2021. Your mental health is…
Your mental health includes how you think, feel, and act and your emotional and social well-being. Mental health can change over time, depending on factors like workload, stress, and work-life balance. Mental Health Awareness Month is a national movement in May to increase awareness about mental health, fight the stigma, celebrate recovery, and support Americans…
The Employee Benefits Market Outlook examines critical employee benefits topics and trends, delivering insights into the market and forecasting where the industry may be headed in 2023 and beyond. Before addressing future trends, it’s critical to understand the central themes from 2022 that laid the groundwork for this year. To that end, the Market Outlook…
Between the COVID-19 pandemic, inflation, and evolving job duties, more employees are experiencing mental health challenges. A 2022 Lyra survey revealed that 84% of employees experienced at least one mental health challenge over the past year. They’re feeling anxious, burnt out, stressed and depressed. As such, organizations are expected to take more responsibility for workers’…