Guests: Suzy Goodwin, Sims Tillirson, & Tony Garavaglia
Join these three pros as we explore what companies are thinking about for benefits in 2025.
We covered a ton in a short amount of time! Here’s the TLDW;
(or you could just hit play!)
Panel Introduction:
Panelists: Susie Goodwin (Level), Sims Tillerson (Blue Raven Actuarial), and Tony Garavaglia (Alliant Insurance Services).
Combined nearly five decades of benefits experience.
Key Trends in Benefits:
Well-being Focus:
Increased focus on mental health post-pandemic, recognizing its impact on overall well-being.
Comprehensive fitness programs addressing physical health with flexibility for in-home or on-demand resources.
Growing emphasis on financial wellness to alleviate stress and improve overall health.
Lifestyle Spending Accounts (LSAs):
LSAs offer customizable benefits for various wellness needs, including social well-being.
Employers using LSAs to consolidate wellness programs, making them more comprehensive and flexible.
Emerging Trends for 2025:
Holistic Well-being:
Integration of mental, physical, social, and financial health benefits to support the whole employee.
Financial wellness and personalized benefits gaining momentum.
Combating loneliness and promoting social well-being within the workforce.
Challenges and Innovations:
Vendor Management:
Employers experiencing vendor fatigue, seeking streamlined and comprehensive solutions.Increased interest in navigation vendors to manage multiple point solutions effectively.
AI and Technology:AI enhancing benefits administration and personalization.
Predictive analytics improving benefits management and utilization.
Advice for Business Leaders:
Personalization: Tailor benefits to the unique needs of your employees.
Listening: Collect and analyze feedback to guide benefits strategy.
Holistic Support: Focus on comprehensive well-being programs to enhance productivity and retention.
Future Predictions:
Personalized and holistic benefits will continue to evolve.
Addressing mental health and neurodivergent needs will become more prevalent.
AI will significantly improve employee experience and benefits utilization.