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COVID-19: Key considerations for employers

The impact from the COVID-19 pandemic continues to present new challenges for employers, employees, families, suppliers, customers, and business operations. As the weeks progress, many unknowns remain, and this can be unsettling for businesses and employees alike.

Are you prepared to navigate the next stage?


Support for your organization

COVID-19 will have a profound impact on our world. Organizations are adapting to the immediate disruption, realigning business operations, and preparing for a recovery. This may include rethinking employee health and safety protocols, investing in new technologies, and determining if benefits programs support the emerging needs of your employees.

We’re committed to helping you respond to these new challenges. Since the start of the pandemic, we’ve introduced new solutions that keep you connected with your people, ahead of the inevitable 2020 and 2021 healthcare cost increases, and help you think through your options and put a plan into action.

COVID-19 is impacting employers differently and as the world evolves from where we are today, to reimagination and eventually to recovery, you need to know that your people-related decisions will help you move forward with confidence.

Things to think about

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Stay connected to your people

Now more than ever, it’s important for you to stay connected with your people. COVID-19 lockdowns and new remote workplace rules forced employers to quickly implement crisis communications plans to keep everyone informed, engaged, and to minimize disruption. Going forward, organizations need to be ready to communicate to an increasingly dispersed workforce using all available channels – websites, emails, texts, and video.

Article: HR technology, analytics may help companies through COVID-19
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Return to the workplace

Deciding when and how to bring your people back on site – and adjusting protocols for front-line employees that never left – is anything but straightforward. In a recent post-webinar survey, 56% of respondents said they have work to do here. With so many unknowns, as you reopen your onsite operations it’s important to develop a workplace safety plan and to keep your people informed.

Webinar: Return to work: Are you ready for this challenge?
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Health benefits fit for today and tomorrow

COVID-19 is challenging organizations to evaluate the impact on their health plans and premiums. Will claims spike as elective care resumes? What benefits could support emerging employee needs or fill gaps in current offerings? HR and benefits departments continue to be on the front lines of business strategy, charged with making decisions to protect the health and welfare of your employees and their families.

Blog: A degree of health care certainty amidst the chaos
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Retirement and financial wellbeing

Uncertainty around the global economic impact has led to unprecedent market volatility. Employers who sponsor retirement programs have faced disruption to the processes, administration, governance, investment strategy, and funding aspects of their plans. Many employees are also worried about the volatility of the market and the corresponding value of their pensions and investments.

Blog: Working through DC plan communications in a pandemic
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Legislation and compliance

As employers move past the immediate impact of COVID-19 and consider longer term business strategies, it’s imperative you pay careful attention to compliance obligations that affect workforce planning and benefits programs. New legislation such as the CARES Act and Family First Coronavirus Response Act (FFCRA), as well as compliance basics, require careful consideration and/or examination given the current environment.

Download the COVID-19 compliance checklist here
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Workforce planning

Rapid changes in the economy are forcing organizations to make tough choices. There’s a need to move fast, but you also need to proceed thoughtfully to minimize the impact on your people. Our consultative, data-driven approach guides you through the workforce reshaping process and helps you make informed decisions.

Learn more

Ready to talk

We’re here to help you navigate the crisis. Checkout our resource section below for checklists, guidance, and insight. To discuss your unique HR and benefit needs, schedule a conversation.

Contact us today

Resources: Stay connected to your people

Webinar: Mental health and wellbeing in an uncertain world

This webinar takes a broad look at the wide-ranging impacts of the COVID-19 pandemic on employees’ mental health and overall wellbeing, considering the variety of ways that daily lives have been impacted and what the long-lasting results are likely to be.

Watch an on-demand replay of the full webinar here

Tips to help your workforce remain connected to both your business and each other in this remote world.

Blog

Work well at home

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Blog

A willing mindset for change

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Blog

Kindness: A prescription for coping in the pandemic

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Blog

Is it okay to laugh during a pandemic?

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Infographic

Staying the course during the COVID-19 outbreak

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Blog

Left in a hurry, returning very slowly: Employers tell us about their back-to-work plans and hurdles

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Article

Tending to the emotional life of the workplace at a time of high stress

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Infographic

5 strategies to boost virtual employee engagement this annual enrollment

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Article

HR technology, analytics may help companies through COVID-19

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Resources: Health benefits fit for today and tomorrow

Insights, blogs, updates, and guidance covering the broader impacts of COVID-19 across the HR and reward spectrum.

Blog

COVID-19 preparedness: U.S. employer considerations

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FYI

IRS relaxes HDHP requirements in response to COVID-19

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Blog

Insights from top workplace wellbeing and onsite care vendors

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FYI

Guidance issued on COVID-19 diagnostic testing coverage mandate

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Update

Innovation in testing and treatment for the workplace – Issue #5

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Webinar

How will COVID-19 impact 2021 benefits and open enrollment

Watch the replay

FYI

Additional guidance on COVID-19 diagnostic testing coverage mandate

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Webinar

How to beat the COVID-19 cost surge: Strategies to improve population health and mitigate cost increases

Watch the replay

Resources: Retirement and financial wellbeing

Thoughts and guidance on how to address the financial impacts of COVID-19 on your business and your people.

Blog

U.S. pension investment challenges posed by COVID-19

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Blog

How U.S. plan sponsors can handle historic drop in bond yields – reflecting March market movements

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Webinar

Perspectives on a volatile market and the impact of COVID-19: Managing pension risk in an era of uncertainty

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Letter to Congress

Letter to Congress: Request for pension funding relief in response to COVID-19

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Whitepaper

COVID-19 impact on U.S. retirement plans - A reference for employers

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Webinar

Defined Contribution Plans after the CARES Act – It’s not business as usual

Watch the replay

Blog

Working through DC plan communications in a pandemic

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Blog:

Losing sleep over pension financials? Not these CFOs. Here’s why.

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Resources: Legislation and compliance

A range of resources to help you most effectively support your employees during the pandemic.

FYI

President signs coronavirus bill

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FYI

DOL issues guidance on paid leave benefits under Families First Coronavirus Response Act

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Webinar

Navigating COVID-19 compliance challenges under the CARES Act and Families First Coronavirus Response Act

Watch the replay

Checklist

COVID-19 compliance check-in checklist

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FYI

Impact of COVID-19 on HIPAA compliance and employer considerations

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FYI

Agencies extend timeframes for HIPAA, COBRA, and claims actions

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Survey

Navigating COVID-19 compliance challenges

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FYI

EEOC issues: COVID-19 return to work and antibody testing guidance

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FYI

Loan forgiveness expanded under the paycheck protection program

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FYI

San Francisco ordinance creates new reemployment rights

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FYI

DOL issues FFCRA guidance on camp closures

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FYI

“Physical presence” requirement for witnesses and notaries temporarily lifted

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FYI

OSHA issues guidance on returning employees to work

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FYI

Paycheck Protection Program loan application deadline extended

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