Benefits news you may have missed: April 20-24

Will 401(k) matches fall victim to coronavirus pandemic? Forced to cut costs, employers are considering halting or reducing retirement matches. But the move might be temporary, experts say. Read more here.

4 tips for communicating a halt in 401(k) matches: Industry experts offer HR and benefits leaders advice on how to communicate retirement account changes due to the coronavirus pandemic. Read more here.

- Advertisement -

Caregiving benefits take the spotlight: In a survey of 117 mostly large U.S. employers by the Northeast Business Group on Health, more than three quarters of respondents (79%) said caregiving will be an increasingly important issue over the next five years. A look into the study and what it means for HR leaders. Read more here.

Employees say they can do their job efficiently at home during the pandemic: The majority of workers say they are confident they can efficiently do their job remotely if they are required to work from home indefinitely, according to a Glassdoor survey. The finding is the latest to indicate that remote work’s massive experiment in wake of the coronavirus pandemic may be working. Read more here.

Coronavirus resource spotlight: Unum’s HR Trends podcast: Here’s a look at a resource site from benefits company Unum that provides legislative guidance during coronavirus. Read more here.

- Advertisement -

Employees concerned about lack of emergency savings: According to a new survey released by the National Endowment for Financial Education, not having enough emergency savings is Americans’ top financial concern during the coronavirus pandemic. The survey is the latest to underscore employees’ financial concerns during the coronavirus pandemic. The NEFE findings, though, put a spotlight specifically on the importance of emergency savings accounts, which historically have not been a top priority for employers. Read more here.

Kathryn Mayer
Kathryn Mayer is HRE’s benefits editor and chair of the Health & Benefits Leadership Conference. She has covered benefits for the better part of a decade, and her stories have won multiple awards, including a Jesse H. Neal Award and honors from the American Society of Business Publication Editors and the National Federation of Press Women. She holds bachelor’s and master’s degrees from the University of Denver. She can be reached at kmayer@lrp.com.

Most Popular