Posted by Company Wellness | Posted in Company Wellness, Wellness Programs | Posted on 28-11-2010
With the downturn in the economy, it seems like most organizations are shifting their focus when it comes to employee benefits and compensation. The current situation is also very stressful on benefits managers.
In times like these, it’s vital for colleagues to share their concerns, experiences suggestions. A few weeks ago, HRBenefitsAlert.com ran a special report on calming employees’ 401(k) fears.
The reader comments revealed that many benefits pros were just as afraid as staff, and individuals ’s frustration led to some unfortunate carping back and forth between several readers.
The purpose of the comments section, apart from giving individuals the opportunity to react to the story, is to provide a forum for benefits managers to interact.
It’s my hope that we can generate an exchange ideas that have (and have not) been working at readers’ organizations during the current situation. Specifically –
• What are you doing to manage health benefits costs as budgets are either frozen or shrink?
• Have you noticed a dip in morale or productivity with all the doom-and-gloom in the news?
• Exactly how is your business trying to calm employees’ fears about salary freezes or layoffs, 401(k) losses, medical cost shifting and other issues that get a lot of mainstream media focus?
• What are you saying to staff members to deliver the news they need to know but also keep morale high?
Thank you in advance for your willingness to share your professionalise and personal experiences. Everybody benefits in the long run.