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News
One in three employer compensation dollars now goes to benefits
4+ day, 7+ hour ago (295+ words) Benefits now account for exactly 30 percent of what private-sector employers pay per hour worked - $14.07 of a $46.89 total, according to the Bureau of Labor Statistics' Employer Costs for Employee Compensation (ECEC) report for June. Wages made up the remaining 70 percent, at…...
Employee benefits literacy is the next frontier of value
5+ day, 17+ hour ago (1067+ words) US employers are absorbing record cost pressures rather than passing them on to workers but unless they fix a deepening benefits literacy crisis, the extra coverage they are stacking to bridge affordability gaps will go largely unused. Nicole Negvesky, Executive…...
Employee benefits navigation gap is costing employers millions
1+ week, 6+ day ago (848+ words) US employers are spending up to $20,000 per employee each year on health plans but investing less than $10 per employee communicating those benefits. John Tournet, senior vice president of benefits consulting at Arthur J. Gallagher & Co. in Chicago, says that imbalance is…...
Corporate round-up: Disney, Bloomberg, Starbucks, Deloitte, and Zoom cut benefits
2+ week, 6+ day ago (541+ words) Five of America's largest employers announced or confirmed major healthcare and benefit reductions this week, part of a wider cost-containment wave that gives group brokers both a reference point and an opening heading into the 2027 renewal cycle. Walt Disney Company…...
Most employers lack an executive benefits succession plan, NFP finds
2+ week, 6+ day ago (462+ words) Nearly half of US organizations have not implemented any executive benefits strategies to support leadership transitions, NFP's 2026 US Executive Benefits Trend Report has found. The same organizations overwhelming say they cannot afford to lose key employees (81%) and 99% say their executive…...
EPIC taps pharmacy veteran to lead employee benefits nationally
3+ week, 3+ day ago (400+ words) EPIC Insurance Brokers & Consultants has promoted Adam Okun (pictured) to president of its national employee benefits practice. The move puts pharmacy consulting at the center of the firm's strategy heading into one of the costliest benefits renewal cycles in years....
Sterling Seacrest Pritchard selected for The Hanover Insurance Group’s President’s Club
3+ week, 5+ day ago (223+ words) Marietta Daily Journal Sterling Seacrest Pritchard was recently named to The Hanover Insurance Groupâs Presidentâs Club. Cumberland-based Sterling Seacrest Pritchard was recently named to The Hanover Insurance Groupâs Presidentâs Club, an elite group of independent insurance…...