Henry Craver

United States

Reporter at BenefitsPRO Magazine

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Articles

Young workers' substance use on the rise due to workplace pressures

Jan 24, 2025 | benefitspro.com | Henry Craver

Economic changes might be leading American workers to substance use. According to a new study published by Substance Abuse Counselor, 69% of Gen Z and 68% of millennials turn to substances on a weekly or daily basis to deal with work-related stress. What’s more, 1 in 3 millennials and 1 in 4 Gen Zers reported increased substance use because of layoffs and AI adoption. Workers aren’t just using substances to relax in their free time.
Inflation and family caregiving squeeze retirement plans

Jan 7, 2025 | benefitspro.com | Henry Craver

According to the study, 78% of pre-retiree respondents expressed concern over inflation’s effect on their retirement income. A number of different factors are putting stress on the finances of retired and pre-retiree Americans. According to a new report from the Society of Actuaries Research Institute, retirees are less likely to report being “better off than expected” in 2024 than in 2021. The study also shows that pre-retirees are more conscious of unplanned financial events than before.
Seniors demand action on spiraling health care costs

Aug 20, 2024 | benefitspro.com | Henry Craver

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Nordstrom hit with ERISA suit over excessive 401(k) fees, misuse of forfeited funds

Aug 16, 2024 | benefitspro.com | Henry Craver

Nordstrom store in Baltimore, MD Nordstrom has cost its 104,811 workers millions in savings because the retailer mismanages its $3.4 billion 401(k) plan by overpaying for administrative services and using money forfeited by former employees for its own benefit, allege employees in a class action lawsuit filed this week. The employees have filed suit under the Employee Retirement Income Security Act (ERISA) for breach of ERISA's fiduciary duties.
How to manage employee benefits compliance post-Chevron

Aug 15, 2024 | benefitspro.com | Henry Craver

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Report: Insurance market instability threatens millions

Aug 9, 2024 | benefitspro.com | Henry Craver

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Study shows AI tools adding to workload, burnout, not productivity

Jul 23, 2024 | benefitspro.com | Henry Craver

(Credit: TippaPatt)Advocates of artificial intelligence often argue that the technology will help workers, taking over the most laborious office tasks and freeing employees to spend more time on harder, more stimulating work. A new study from The Upwork Research Institute, however, shows that AI has so far largely failed to improve worker wellbeing and productivity. On the contrary, AI is increasing workloads, diminishing productivity and possibly contributing to burnout.
More women discuss menopause in the workplace, but providers fall short

Jul 11, 2024 | benefitspro.com | Henry Craver

Credit: Prostock-studio/stock.adobe.com Big changes in the ways women think about menopause will push benefit providers and employers to adapt. According to Bonafide Health's 4th Annual State of Menopause Study, 67% of women have talked to a health care provider about their menopause symptoms, a 14% increase from last year. Unfortunately, however, the data also reveals that providers have not stepped up to meet women's increased interest and concern in menopause.
Study: Public wants domestic manufacturing, younger generations open to trade jobs

Jul 11, 2024 | benefitspro.com | Henry Craver

Credit: aboutmomentsimages/Adobe Stock By and large, Americans believe manufacturing should still be a pillar of the economy. According to a new study by ARC, LLC, a real estate and business development company, 83.4% of American adults think the U.S. should bring back most or all manufacturing facilities to America. What's more, 54% of the poll's respondents expressed concern about the consequences of outsourcing manufacturing jobs.
Family planning a financial priority: Young workers need more education, report says

Jun 25, 2024 | benefitspro.com | Henry Craver

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