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Brown & Brown Releases 2026 Employer Health and Benefits Strategy Survey: Cost Control Takes Center Stage
Businesswire· 2025-12-08 14:02
Core Insights - The 2026 Brown & Brown Employer Health and Benefits Strategy Survey reveals a benefits landscape influenced by rising costs, evolving workforce needs, and a focus on innovation and sustainability [1] Group 1: Cost Containment Strategies - Employers have prioritized cost-containment due to escalating medical and pharmacy costs, shifting from attracting and retaining a competitive workforce as their top priority in 2025 [2] - Popular cost-containment initiatives include evaluating stop-loss plan design, conducting audits, and partnering with digital health solutions to enhance plan transparency and effectiveness [2] Group 2: Employee Well-Being Initiatives - A significant majority (77%) of employers incorporate well-being programs into their healthcare strategies, with 78% planning to increase related budgets [3] - Parental leave enhancements are increasing, with 71% of employers offering paid leave beyond statutory requirements [3] Group 3: Challenges with GLP-1 Drug Coverage - Nearly half (48%) of employers cover GLP-1 drugs for weight loss, with 89% of this group planning to continue coverage in the next one to two years [4] - Over 60% of employers covering GLP-1s have restrictions in place, with 49% requiring clinical criteria beyond FDA guidelines [4] Group 4: Survey Methodology - The survey gathered responses from 1,241 employers with at least 200 employees in the US, conducted from July 31 to September 5, 2025, with a margin of error of +/-3% [5]
BASF named one of Canada's Top 100 Employers for the 12th consecutive year
Globenewswire· 2025-11-18 15:05
Core Points - BASF has been recognized as one of Canada's Top 100 Employers for the 12th consecutive year, highlighting its leadership in creating exceptional workplaces [1][5] - The recognition is attributed to BASF's strong commitment to employee wellness and career development, featuring various supportive programs [2][4] - BASF promotes an inclusive workplace culture that encourages community involvement and employee engagement through various initiatives [3][4] Employee Programs - BASF offers a range of programs including fitness reimbursements, tuition subsidies, coaching and mentorship initiatives, employee referral bonuses, and comprehensive health benefits [2][4] - The company has received multiple awards for its commitment to employees, including Top Employers for Young People, Best Diversity Employer, and Greater Canada's Top Employers in 2025 [5] Company Overview - BASF Canada, headquartered in Mississauga, has over 1,100 employees and reported sales of $2.6 billion in 2024 [6] - The BASF Group employs around 112,000 people globally and generated sales of €65.3 billion in 2024, focusing on sustainable practices and customer support across various sectors [7]
The top 20: These are the 2025 Best Banks to Work For
American Banker· 2025-11-12 11:00
Core Insights - The article highlights the top 20 banks recognized for their employee satisfaction and workplace culture, emphasizing their commitment to communication, support, and fun [1][2] Group 1: Rankings and Overview - The list includes a diverse range of banks, from those with less than $500 million in assets to regional banks exceeding $50 billion, showcasing various approaches to employee engagement [1][2] - The overall list features 90 banks, with profiles of the top 20 honorees provided [2] Group 2: Employee Engagement Initiatives - Seacoast Bank emphasizes an inclusive culture with performance reviews three times a year and a new leadership excellence program [3][4] - Southside Bank introduced the Southside Champions Award to recognize outstanding employees and has focused on enhancing training and development opportunities [5][6][7] - Cornerstone Bank offers three weeks of paid vacation for new employees and supports wellness goals through fitness expense contributions [8][9][10] - Signature Bank improved internal communication with a new employee intranet, enhancing employee recognition and access to resources [11][12] - American Riviera Bank provides fraud prevention tools and a new manager training program, along with pet insurance [13][14] - Pacific National Bank promotes an inclusive workplace culture with various employee engagement activities [15][16] - First National Bankers Bankshares encourages employee feedback through direct access to management and satisfaction surveys [18][19] - CS Bank focuses on purpose-driven work and offers competitive pay, benefits, and unique perks [20][21][22] - First United Bank and Trust Company incentivizes Saturday work with additional pay and engages in community fundraising [23][24][25] - Climate First Bank prioritizes renewable energy financing and offers paid sabbaticals and volunteer time [26][27] - NebraskaLand Bank has implemented a flexible personal leave policy and expanded benefits for part-time employees [28][29][30] - TIB offers flexible benefits, including mental health support and expanded health coverage [31][32] - Origin Bank focuses on culture and employee engagement as part of its profitability strategy [33][34] - Peoples Bank provides bonuses, covers health insurance costs, and encourages employee referrals [36][37] - Peoples Bank of East Tennessee engages employees with a unique holiday gift request initiative [38][39][40] - Centier Bank offers mental health days, development plans, and feedback mechanisms for employees [41][42] - Pinnacle Financial Partners aims to create a motivating culture and relies on employee referrals for recruitment [44][45][46] - Paragon Bank launched "Wellness Wednesdays" and offers various staff-centric perks [47][48] - Oakworth Capital Bank emphasizes a strong culture and offers stock purchase programs for employees [49][50] - Wood & Huston Bank focuses on internal promotions, career development, and wellness programs [51][52][53]