Benefits Buzz

Total compensation statement best practices From mortgages and groceries, childcare and vacations, paychecks make all of these things possible. And while many employees only consider salary when thinking about compensation, we know it's much more than that.  Unfortunately, these additional...

Last week we introduced the topic of ESG  and shared why it has become a business-critical topic. In the second part of our two-part series, we take the ESG report a level deeper by talking with WEX HR representatives Kate...

When it comes to sustainability, organizations have advanced from using paper straws to embedding sustainability into their business practices, processes, and strategy. Chances are that if your company isn’t focused on sustainability, it might be falling behind competition in a...

Last week, President Biden announced plans to provide federal student loan relief to millions of Americans. Based on eligibility, up to $20,000 in student loan forgiveness is available to those impacted. Applications for the program will be available in early...

Whether you’re switching to a new benefits administration provider or outsourcing benefits administration for the first time, implementation can be intimidating. Here are five tips on how to have a successful benefits administration implementation. Make a plan with your new...

Funded HRAs with a VEBA trust (sometimes just referred to as a "VEBA") are another type of benefit that allows employers to support employees’ long-term healthcare needs. The tax law for VEBAs has been around for nearly 100 years, but...

Benefits decision-making can be a daunting task for employees during open enrollment. And the current inflation rate makes these decisions even more important. With open enrollment right around the corner for most employees, here are the top benefits administration trends...

Expanded public transit. The rise and rebound of ride-sharing. Increased work-from-home arrangements. The work commute has changed a lot recently, as lawmakers and civic officials grapple with how to effectively support people traveling to and through their ever-growing cities.  New...

How well has your organization kept up with the changing face of talent acquisition in 2022? The last couple years have included a global pandemic, the rise of flexible work arrangements, and low unemployment. These and other factors have transformed...

Are you preparing to send your kids back to school soon? You might be surprised to learn that your health savings account (HSA) and medical flexible spending account (FSA) can help you save on purchases of a variety of back-to-school, expenses, including:  Thermometers....