Vitality Supporting educators with enhanced benefit options. High levels of stress among educators remain a top issue since the COVID-19 pandemic as faculty and staff Case Study continue to deal with ongoing mental health challenges, the increased politicization of the educational system and A HUB charter school client with 7,000 gaps in student learning. students and 900 employees received a 53% At the K-12 level, 77% of educators reported their job is increase on renewals and could no longer 5 “frequently stressful,” and 68% said it is “overwhelming.” sustain its fully funded health insurance In higher education, 60% of faculty reported feeling stress, plan. By moving to a HUB Charter self- anxiety or depression, and 53% considered leaving their funded health plan, the school reduced its 6 jobs because of burnout, increased workload and stress. administrative burden and accumulated These factors, as well as strained resources and concerns reserves of more than $2 million. about campus safety, are impacting the sector’s ability to attract and retain new teachers. In fact, 52% of K-12 teachers said they would not advise a young person to 7 enter the profession. A self-insurance program can help academic institutions Low morale in the education sector is likely affecting reduce employee benefit expenses. According to the HUB employee productivity, which was noted as a key priority survey, 28% of academic institutions have implemented that needs to be addressed by 67% of education sector a self-funded benefits model while 17% have moved to a respondents in the HUB survey. captive insurance model. Though educational institutions may find it difÏcult to compete with other industries when it comes to salary, 5. Pew Research Center, “What’s It Like to be a Teacher in America advancing institutions provide robust and personalized Today?” April 4, 2024. employee benefit options to faculty and staff that 6. Campus Safety Magazine, “College Faculty Burnout: The Statistics supports attraction and retention. According to the HUB and Solutions,” February 16, 2024. survey, the benefit strategies that have the most traction 7. Pew Research Center, “What’s It Like to be a Teacher in America Today?” April 4, 2024. within the education sector are mental health care, auto enrollment in benefits, offering personal, home and auto insurance and lifestyle insurance programs. Conducting a Workforce Persona Analysis™ and leveraging analytics tools can offer key insights into the benefits that faculty and staff would most likely want and need as well as how to deliver a personalized Quality Employee Experience (QEX). 4