WorkLab Workforce Blog

Keeping you informed of the latest trends in engagement, retention, and workforce support

You're Buying Employee Benefits, But Are You Selling Them?

Posted on August 13, 2019

Employee compensation is the single largest expense for many businesses, and a third of that cost goes to providing competitive employee benefits—on average, $11.55 per employee per hour.1 That cost makes sense when those benefits keep your employees stable and healthy or retain valuable talent. After all, benefits are the third-highest factor contributing to job satisfaction2—attractive benefits make people more likely to want to work for you, and more likely to stay with you. But are you getting what you think you’re paying for?

Topics: employee engagement, resource navigator, innovative workplace benefits, workforce support, employee retention

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Topics: employee engagement, resource navigator, innovative workplace benefits, workforce support, employee retention

The Surprising Cost of Low Wages

Posted on July 9, 2019

It’s the first of the month, and Regina drops her $700 rent check in the mailbox. After paying for her housing, she has less than $100 in the bank to get her through the week until her next paycheck comes in. That money will need to cover food and gas for herself and her 10-year-old daughter Simone. She's worried about money all of the time.

Topics: employee engagement, resource navigator, innovative workplace benefits, workforce support, financial stability, good jobs, employee retention

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Topics: employee engagement, resource navigator, innovative workplace benefits, workforce support, financial stability, good jobs, employee retention

Investing in Employee Wellbeing is a Growing Strategic Priority for Employers

Posted on June 25, 2019

Study after study shows that frontline and middle-skill workers are struggling, stressed out, and distracted. HR departments are working overtime to find qualified applicants in a competitive market. Employers want to keep their dedicated employees, and they lose out when a worker stops showing up or needs to be let go. But if employees are dealing with huge challenges at home, they can't deliver their best at work. A rapidly growing cohort of employers have decided that the solution to help their employees stay on track is a wrap-around support service called Resource Navigation. This new class of employee benefit helps employees navigate life so they can thrive at work.

Topics: barriers to employment, scaling the Model, data & impact, sustainable workforce model, employee engagement, resource navigator, innovative workplace benefits, workforce support

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Topics: barriers to employment, scaling the Model, data & impact, sustainable workforce model, employee engagement, resource navigator, innovative workplace benefits, workforce support

Five Key Differences Between an EAP and a Resource Navigator

Posted on June 4, 2019

Resource Navigation is a new way for employers to support the unique needs of frontline workers. Resource Navigators work hand-in-hand with your employees to solve the challenges that impact their financial stability, connecting them to individualized community resources and providing ongoing support.

Topics: sustainable workforce model, resource navigator, innovative workplace benefits, workforce support

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Topics: sustainable workforce model, resource navigator, innovative workplace benefits, workforce support

The Stablizing Potential of Payroll

Posted on May 21, 2019

You’ve probably heard this statistic before: 40% of Americans don’t have enough savings to cover a $400 emergency.1 That number is repeated so often because it reveals how precarious finances are for millions of Americans, even those that seem stable and self-sufficient. We all know these kinds of emergencies will happen—the car needs a water pump, or the dishwasher breaks, or a pet gets sick—but too often we aren’t prepared to handle it when it does.

Topics: barriers to employment, innovative workplace benefits, workforce support, diversity & inclusion, financial stability, absenteeism, employee retention, economic opportunity, financial planning

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Topics: barriers to employment, innovative workplace benefits, workforce support, diversity & inclusion, financial stability, absenteeism, employee retention, economic opportunity, financial planning

Helping Employees with Taxes Puts Money in their Pocket

Posted on May 7, 2019

Tax season can be one of the most stressful times for your employees—or it can be a major boost. It all depends what they owe, or what they receive. And while personal finances may be just that—personal—those worries don’t disappear when employees come to work.

Topics: employers, sustainable workforce model, employee engagement, resource navigator, innovative workplace benefits, workforce support, financial stability, good jobs

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Topics: employers, sustainable workforce model, employee engagement, resource navigator, innovative workplace benefits, workforce support, financial stability, good jobs

Why McDonald's is Paying for their Employees to go to College

Posted on April 9, 2019

In 2015, Seattle-based coffee house Starbucks made waves in the restaurant industry when they announced that they would be partnering with Arizona State University to fully fund tuition for their workers to pursue college degrees. What possible business sense could it make for a coffee company to pay for their associates to get an education that will ultimately encourage them to quit for a better job?

Topics: employee engagement, workforce equality, innovative workplace benefits, workforce support, education & training

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Topics: employee engagement, workforce equality, innovative workplace benefits, workforce support, education & training

Are workers ready for skills training? The problem with seeking growth before stability.

Posted on March 26, 2019

Employers need a strong pool of available labor with the skills and knowledge to sustain and grow their business, adding more jobs to the economy. No arguments there. Foundations and community organizations want to see lower-wage workers get the qualifications they need for the kind of jobs that can support a middle-class family. Again, wholeheartedly agree.

To me, the question is, are we doing the hard work to meet these learners where they are so that we can achieve that vision of a strategically trained workforce? The people who are in most need of career training are often least able to take advantage of it.

Topics: sustainable workforce model, innovative workplace benefits, workforce support, financial stability, education & training, impact investing, workforce development, good jobs, career training, economic opportunity

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Topics: sustainable workforce model, innovative workplace benefits, workforce support, financial stability, education & training, impact investing, workforce development, good jobs, career training, economic opportunity

Can the Right Employee Benefits Build Diversity?

Posted on February 26, 2019

We know that diversity brings both tangible benefits to the business, and also provides a positive impact for individuals, families, and the community. Among the ways that organizations typically pursue D&I is through the recruiting process, as well as in culture initiatives. Benefits are a key element of both of those processes and can have an impact on how the brand is perceived in the marketplace, as well as how employees relate to the organization.

Topics: barriers to employment, sustainable workforce model, resource navigator, innovative workplace benefits, workforce support, diversity & inclusion, good jobs, employee retention, economic opportunity

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Topics: barriers to employment, sustainable workforce model, resource navigator, innovative workplace benefits, workforce support, diversity & inclusion, good jobs, employee retention, economic opportunity

How to Talk to Your CFO About a New Benefit Idea

Posted on October 18, 2018

Has this ever happened to you?

You went to a conference and spent two days being inspired by your peers and thought leaders in the field. You heard about hundreds of new ideas from flexible work arrangements to innovative diversity and inclusion strategies. Every session was interesting and thought provoking, and you returned to your desk energized and engaged. Of all the new information you heard, one idea stuck out, and you’re certain it would be a great benefit for employees and your organization.

Topics: innovative workplace benefits

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Topics: innovative workplace benefits