Employco Blog

Major health insurers UnitedHealth and Humana are warning about a jump in medical costs this year due to higher-than-anticipated demand for surgeries and other medical procedures. Insurers have benefited from nonurgent surgery delays during the COVID-19 pandemic and hospital staffing shortages. In fact, some individuals, especially older adults, put off elective procedures during the height of the pandemic. As care patterns continue shifting back to pre-pandemic norms, many individuals are catching up on their elective care and now opting for procedures.

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At some point, an employee will eventually move on from an organization. When that time comes, a well-prepared offboarding process can significantly enhance the efficiency and success of the transition. Offboarding refers to how an organization handles a departing employee—with the ultimate goal of an amicable separation. It can encompass a number of steps to support a smooth employment separation, including finalizing payroll, completing tax paperwork, retrieving company property, terminating access to company systems and files, facilitating knowledge transfers, and maintaining a respectable employer-employee relationship.

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Are you looking to start or strengthen a newsletter for your employees? We have an extensive library of employee-facing articles and other content that you can insert into your company newsletters. Our library includes wellness tips, news briefs, videos, infographics, recipes, etc. Topics range from mental health to sunscreen to Ozempic, and many more!

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Employees who feel disregarded by their organization are more likely to get frustrated, feel burnt out, and quit. Forbes listed being unheard by supervisors and feeling “overlooked or ignored” as two of the top ten reasons employees leave their jobs. This can devastate employee retention rates, increasing hiring costs and making it challenging for employers to keep talented workers. Conversely, a study by workforce management organization Ultimate Kronos Group (UKG) found that organizations are more likely to perform well financially when employees feel heard, engaged, and have a sense of belonging.

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