Benefit plans are a key component in today’s HR and hiring marketplace. From trendy fringe benefits to extensive health care coverage, a comprehensive benefits plan makes a huge difference in attracting and keeping talented professionals. In fact, most employees would choose better benefits over a pay raise . Let’s examine what the most popular employee benefits are in today’s workplace.
Read MoreWith the rise of extensive heath, savings, and wellness programs available to employees, it’s more important than ever to educate new-hires and existing staff on benefit plans. Because of technical terminology and overwhelming options, the process of choosing the right enrollment plan can create frustration and confusion, which means it’s more important than ever before to provide a personalized communication strategy for benefit plans.
Read MoreOne of the most common questions in the HR world is “How do I keep employees happy?”. Well, aside from having a great company culture, one of the major ways of retaining your employees and keeping them happy is by offering them a good benefits package. Many small business owners make the mistake of thinking they cannot afford to offer benefits, but the truth is that offering a robust benefits package to your employees will have a positive effect on your bottom line. After all, it’s your employees who keep the company running.
Read MoreWhether your open enrollment period is around the corner or further down the road, there are a few things you must do in order to prepare for it in order to have a smooth process. As you may already know, open enrollment can be a very stressful and hectic time of the year, not only for HR professionals, but also for employees. It is during this time when employees get handed paperwork that must be filled out before a certain date, and let’s be honest, not every employee will do this. So, is there an easier way to prepare yourself and your employees for open enrollment? The answer is yes.
Read MoreIn the past, I’ve shared some tips on how to attract and retain top talent. One of the best ways to do so is by offering benefits. This means not only the required assistance by the government but also those that go beyond that. Some businesses offer benefits because of their state or federal laws such as social security taxes, worker’s compensation, disability insurance, leave benefits, and unemployment insurance. Yes, staying compliant is very important for every company, but going beyond that is what makes your company stand out from the rest. You are not the only company that is working hard to attract and retain top talent, which is why you should go the extra mile to stand out. The following are a few reasons why you should offer additional benefits to your employees.
Read MoreWith the year coming to a close your thoughts might be turning to your company’s upcoming open enrollment. Every year employers hand out a stack of daunting paperwork to their employees and wait to see how many of those forms actually get turned back in. Chances are not many people have time to thumb through all the paperwork, and even more of those people don’t quite understand all of it anyway. On top of that, do you really want all of that paperwork on your desk? My guess is no. So, how can we get through open enrollment in a more civilized (and organized) fashion? Cue technology.
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