What’s Driving the Rise in Health Costs in 2022?

What’s Driving the Rise in Health Costs in 2022?

Employers should brace themselves for an expected rebound of care in 2022 which will likely increase healthcare spending by 6.5%, according to a recent national report. The cost to treat patients from one year to the next, assuming their health benefits remain the same, is the trend that drives projections in costs. Let’s take a…

Reimagining Employee Benefits

Reimagining Employee Benefits

Let’s face it. The pandemic has changed our employees and what they want from their employee benefits package. Stressors and uncertainty have become the norm both in the workplace and in their personal lives. While competitive pay is great, post-pandemic workers are looking for employers to provide a more holistic employee benefits offering. A recent…

Employer’s Guide to Open Enrollment

Employer’s Guide to Open Enrollment

Succeeding in business starts with building the right team. In Hawaii’s competitive job market, employers need to be attractive to employees just as potential hires must appeal to employers. The result? Competitive employee benefits have never been more important. A large component of that is health care. The other important piece is voluntary benefits, of…

4 Reasons To Offer Student Loan Repayment Assistance

4 Reasons To Offer Student Loan Repayment Assistance

Editor’s note: This post was originally published in October 2018 and has been updated for recent news and current data as of April 2022. The pause on federal student loan repayments was set to expire on May 1, 2022, but President Biden again extended the freeze through August 31, 2022. This is the sixth extension…

What Hawaii Business Owners Can Learn From Other Businesses’ Parental Leave Policies

What Hawaii Business Owners Can Learn From Other Businesses’ Parental Leave Policies

Whether family leave becomes state mandated in Hawaii or not, business owners in Hawaii can enable people to find a balance between their personal and professional lives – so in the long-term, employees will be encouraged to stay with your company.