Insperity

JUNE 9, 2020

There’s a reason why employee assistance programs (EAPs) have become such a popular part of benefits packages for employers and employees alike. According to the Society of Human Resource Management (SHRM) 2019 Employee Benefits Survey , 79 percent of employers reported offering an EAP.).

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Benefits Package Professional Employer Organization Human Resources Consulting 92

Flimp Communications

NOVEMBER 15, 2019

That observation is backed up by a 2015 study from the Life Insurance Marketing and Research Association. The study revealed a sizable disconnect about what’s wanted and what’s offered during health insurance enrollment. A February 2019 HR Dive article lays out some revealing statistics about employee healthcare illiteracy.

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Health Insurance Out of Pocket Cost Healthcare Benefits Package 64

cipHR

JULY 30, 2020

Financial literacy and education should be on the mind of every employer, and form a foundational part of organisations’ reward and benefits packages. Financial literacy training . It doesn’t have to involve a lot of resources.” Illnesses amongst staff are inevitable but can be costly for your organisation.

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Pension Salary Health Insurance Education 59

HR Professionals Magazine

OCTOBER 29, 2021

Most employers (78%) said they expanded telework options and developed benefit packages specific to the more socially distanced workplaces that 2020 brought about. SHRM’s 2020 Employee Benefits Survey found that company-sponsored wellness benefits that required in-person participation decreased in 2020, compared to 2019 data.

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Parental Leave Employment Human Resources Health Insurance 52

Corporate Synergies

FEBRUARY 25, 2019

For the first time in six years, the number of employers offering only high-deductible health plans is set to drop 9%. 1 But the idea of healthcare consumerism is here to stay as employers see modest rises in health insurance premiums. 1 Wall Street Journal , “Employers Change Tactics to Curb Health-Insurance Costs”.

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Bayzat

MAY 29, 2023

Offer competitive compensation and benefits packages. Your benefit package can also provide a lot of benefits. Your benefit package can also provide a lot of benefits. Things like health insurance, OTP, or a good holiday package can be a great way to compensate your workers.

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Higginbotham

AUGUST 25, 2023

If you had a one-in-four chance of losing your house to a flood , you’d probably want to protect it with flood insurance. If you had a one-in-four chance of needing expensive surgery, you’d want good health insurance. Few people qualify for Social Security disability benefits.

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Empuls

OCTOBER 4, 2021

Health Insurance. Retirement benefits. Legal benefits. What are benefits? An employee’s benefits package usually includes the base salary and performance-driven wage and non-wage components such as benefits, incentives, workplace flexibility, and career development. Variable pay.

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Empuls

OCTOBER 9, 2023

A survey by Medscape in 2019 found that 25% of physicians considered leaving their current position, citing burnout, low compensation, and administrative burdens as key reasons. But beyond the basic salary, comprehensive benefits can be the deciding factor for many professionals.

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Healthcare Employee Retention Family and Medical Leave Act Hospitality 52

Flimp Communications

AUGUST 6, 2020

BMC Public Health stated, “Slightly more than one-third (34.2%) of study participants reported an UMHCN […] Attitudinal UMHCN was common among those not using mental health services, particularly those with relatively severe mental health symptoms. People suddenly needed mental health care and didn’t get it.

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Employee Benefits Health Insurance Insurance Benefits Package 86

Business Management Daily

APRIL 25, 2023

Development opportunities, competitive compensation, and attractive benefits packages are also perks the best talent actively looks for. The ‘new normal’ is here to stay, and there likely will never be a return to the way things were (think 2019 and years prior). health insurance, FMLA, unemployment, etc.),

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Vantage Circle

NOVEMBER 23, 2023

In an EBRI survey, it was found that the employee benefits package holds significant importance for job seekers, with 78% indicating that it greatly influences their decision to either accept or decline a job offer. These benefits provide employees with access to essential medical services. By the end of 2019, 42.1%

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Business Management Daily

MAY 17, 2021

When current and future employees examine a company’s benefits package, they typically expect to see employer-sponsored health insurance among the offerings. With rising medical costs, employee concern over health insurance coverage will not wane any time soon.

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Empuls

SEPTEMBER 29, 2023

According to the 2020 Deloitte Global Contact Center Survey , the global contact center turnover rate reached a staggering 32% in 2019. Competitive compensation and benefits packages Offering a competitive salary, health benefits, retirement plans, and other perks ensures that employees feel they are being fairly compensated.

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Empuls

SEPTEMBER 25, 2023

For example, in 2019, Walmart agreed to pay $14 million to settle a class-action lawsuit alleging that the company failed to pay appropriate overtime wages to its employees. 2023 has seen more stringent rules around what kinds of health insurance plans employers must offer, particularly in the face of ongoing public health concerns.

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