Benefits Buzz

Benefits decision-making can be a daunting task for employees during open enrollment season. And our current inflation rates make these decisions even more important. What can HR leaders and employers do to ease some of this stress and make open enrollment a positive experience for employees? How can you prepare and educate your employees about the benefits you’re offering? We talk with Liz Hill, account executive at WEX, on ways you can improve your employee benefits experience this open enrollment season.

A pandemic. The Great Resignation. Flexible work arrangements. Employee wellness. The last two-plus years have increased the demand for talent acquisition and transformed what employees are looking for from their employers. What has changed? And how should you be changing your approach to hiring in today’s environment? We sit down with our global head of talent acquisition to discuss these issues and so much more.

Just because you participate in an HSA doesn’t mean you need to miss out on the savings potential of an FSA. Limited FSAs are eligible to be paired with HDHPs and HSAs. We chat with Mike Hagen on our sales team about his experience participating in a limited FSA. You may be surprised to learn how big of an expense his limited FSA was able to cover! Check out our blog post to learn more.

Last week, we shared the story of one family that leaned on their health savings account (HSA) when surprising expenses came up. Today, as part of our open enrollment series, we asked another WEXer to join us to talk about how he takes an investment-heavy approach with his HSA funds. You’ll be amazed by the results he’s experienced by investing his HSA funds over the long haul.

Open enrollment season is here for many of you. We kick off our open enrollment series this season with the first of two episodes taking a deeper look at health savings account (HSA) participation so you can better understand their capability. Today, you’ll hear how Jessica Shawn of the WEX human resources team and her husband, Brian, leaned on their HSA when surprising expenses emerged.

To learn more about the basics of an HSA, check out last season’s episode.

What are the trending topics our partners and their audiences care about in the world of employee benefits? Chris Byrd and our panelists share their insight and perspective on a wide range of trends surrounding employee wellness, market trends, and more! This episode was recorded live from WEX SPARK 2022 in Hollywood, Fla.

With hundreds of partners and hundreds of thousands of employers using WEX benefits technology, we have a large pool of data available to support our partners, employers, and participants as they make decisions that will keep them on the cutting edge of today’s employee benefits trends. So what is trending? We break down some of the most interesting trends we’re seeing to help you stay informed on how to support your employees. For more trends, go to our webpage at https://www.wexbenefitsyou.com/2022-wex-benefits-trends

Our "Build Your LSA Your Way" episode was one of the most popular episodes we've recorded this season. We take the lifestyle spending account (LSA) plan design conversation a step further in this webinar recording hosted by Benefits Buzz host Eric Piela. Our guests answer some common questions and share plan design examples to help you build an LSA that meets your employees' needs.

Everyone can make an impact. That’s at the heart of creating a purpose-driven workforce. And that’s one reason diversity and inclusion are so important in the workplace, because you can’t be your best unless everyone has a voice. We’ve invited WEX’s Chief Diversity and Inclusion Officer onto Benefits Buzz so she can share her story with us.

Check out WEX's inaugural Diversity, Equity & Inclusion report to learn more.

We’re not wired to be loyal to products or services, no matter how well they perform. We’re only capable of being loyal to people and to well-managed brands that successfully humanize their presence by creating emotional resonance with us. Imagine the value to your company when you create an experience that compels loyalty. And that applies to your customers and your employees. Ken Schmidt shares his experience building tattoo-worthy customer relationships during his time at Harley-Davidson. To learn more about Ken Schmidt, visit https://kenspeaks.com/.