Taking care of your employees
Ways to help employees manage the stress and uncertainty of today’s workplace
It’s been a year of concern for the mental health of workers, as so many of them face adversity. Because of that, businesses are interested in expanding mental health and well-being benefits.
Employers are providing a greater sense of stability to employees through workplace benefits to cope with the current pandemic and to plan a financially secure future.
We’ve gathered practical advice to help you more effectively manage your employees’ concerns and expectations for a safe return to work.
Communicating with your employees
Ideas and action items
If you offer group insurance benefits and had to furlough employees or reduce their hours, check with your provider about possible benefits coverage extensions.
If you have an Employee Assistance Program, review your benefits. Some providers are offering extended support due to COVID-19.
If you offer a retirement plan, see if it was amended to allow for CARES Act loans and withdrawals for participant adverse financial consequences.
Show your appreciation by sending small care packages to employees’ homes.
Find a financial professional in your area.
Get help planning for the long-term stability and growth of your business.Find a financial professional
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The subject matter in this communication is educational only and provided with the understanding that Principal® is not rendering legal, accounting, investment advice or tax advice. You should consult with appropriate counsel or other advisors on all matters pertaining to legal, tax, investment or accounting obligations and requirements.
Insurance products issued by Principal National Life Insurance Co. (except in NY) and Principal Life Insurance Co. Plan administrative services offered by Principal Life. Principal National and Principal Life are members of the Principal Financial Group®, Des Moines, IA 50392.