Best Money Moves

AUGUST 19, 2024

Employee financial stress has been in the spotlight throughout 2024 amid continued inflation and economic uncertainty. The Qualified Plan Advisors’ 2024 Financial Wellness Survey found that 68 percent of the American workforce experiences financial stress, with respondents reporting a surprising range of negative symptoms.

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Retirement Plan Finance Education Benefits Package 104

HR Lineup

FEBRUARY 5, 2024

Any business requires the best payroll software 2024 to manage its employees’ payroll. The software should be very effective to manage taxes and employee benefits. If you are looking for top payroll software in 2024, we recommend them below. The post 8 Best Payroll Software 2024 appeared first on HR Lineup.

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Payroll Software Payroll Software Online Payroll 130

Best Money Moves

AUGUST 6, 2024

According to Bankrate’s 2024 Emergency Fund report, nearly 1 in 3 employees have $0 saved for emergencies — a clear indication of low financial resiliency. To help employees craft a more financially resilient future, consider offering an emergency fund as part of your employee benefits package.

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Retirement Plan Benefits Package Medical Banking 105

Best Money Moves

OCTOBER 7, 2024

How to use benefits to stand out to top talent. Companies need a competitive benefits package to attract and retain top talent. Here are the standout benefits your employees are looking for. 3 Standout Benefits to Help Attract & Retain Top Talent Employees 1.

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Benefits Package Education Human Resources Recruitment 59

Best Money Moves

JULY 30, 2024

The right benefits strategy is critical to attracting and retaining talent at any company. In a recent PeopleKeep survey, 81 percent of respondents felt that an employer’s benefits package was a deciding factor when accepting a new job. Don’t let simple benefits mistakes derail your entire organization.

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Benefits Package Retirement Plan Education Utilities 59

Empuls

AUGUST 27, 2024

Now more than ever, employee benefit packages are considered important for the unwieldy terrain of today's job market. Only those organizations that understand how to use this most powerful approach to their advantage by including comprehensive benefits in kind do well in the market for acquiring and retaining key brainpower.

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Family and Medical Leave Act Employee Benefits 401(k) Benefits Package 40

Qandle

JULY 17, 2024

In 2024, the landscape of Human Resources (HR) continues to evolve rapidly, presenting both new and persistent challenges for HR professionals worldwide. This blog explores some of the key HR challenges in 2024 and provides actionable insights on how to address them effectively.

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Human Resources Software Recruitment Technology 105

Best Money Moves

DECEMBER 9, 2024

As 2024 comes to a close, HR professionals are rethinking benefits strategy going into next year. This past year has been shaped by major financial uncertainty and advancements, influencing the benefits trends going into next year. Your current benefits need to keep pace.

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roth 401(k) 401(k) Benefits Package Paid Leave 52

HR Digest

AUGUST 3, 2023

The survey also revealed that 22% of companies intended to cut the amount dedicated to salary increases in 2024, a significant jump from the previous year. The Crystal Ball Prediction: Average Salary Increases in 2024 So, what can workers expect in terms of salary increases in 2024? A ray of hope for workers, right?

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Paid Leave Salary Benefits Package Human Resources 98

Best Money Moves

MARCH 11, 2024

The 4 best benefits in 2024, according to employees. Your benefits choices go a long way toward attracting the right employees. Here are the 4 best benefits in 2024, according to employees. A holistic benefits strategy is one of the most important factors that job-seekers consider when deciding where to work.

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Retirement Plan Healthcare Healthcare Benefits Parental Leave 105

HR Digest

JANUARY 12, 2024

As we stand at the precipice of 2024, a revolution – not an evolution – awaits. Benefits packages need a critical overhaul. In 2024, the onus lies on employers to strategize unique and creative approaches to attract, retain, and cultivate their most valuable talent. The year ahead demands courage and audacity.

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Human Resources Education Technology Benefits Package 109

PeopleKeep

AUGUST 7, 2024

Following health benefits, it's the most desired employee benefit you can offer. According to our 2024 Employee Benefits Survey, 91% of employees rated dental insurance as important. It's essential to recognize the value of offering dental insurance to your employees. But can you afford to offer it?

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Insurance Benefits Package Comprehensive Benefits Employee Benefits 52

COMPackage

NOVEMBER 3, 2024

Employees increasingly value a comprehensive benefits package that contributes to their financial well-being and overall work experience. This article explores the benefits of TCRSs, highlights key considerations for crafting meaningful reports, and offers a sample statement for your reference.

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401(k) Retirement Plan Benefits Package Health Insurance 52

HR Digest

MARCH 12, 2025

Well-designed benefits package boost morale, productivity, and retention. A 2024 Deloitte study found companies with robust benefits packages saw 25% lower attrition rates. Meanwhile, the Great Resignation highlighted how inadequate perks can fuel turnover a costly lesson for businesses lagging behind.

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PeopleKeep

DECEMBER 14, 2023

While you should consider competitive pay and a benefits package complete with various perks to attract and retain employees for the long haul, your first step is having a basic understanding of minimum wage laws across the country so you remain in compliance with federal and state laws.

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Employee Benefits

MAY 13, 2024

Employers should communicate with employees to understand what they need from a flexible benefits package. Benefits that are offered as part of a flex scheme need to add value. As employees’ needs can change throughout the year, more frequent benefits enrolment windows can provide greater flexibility and choice.

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Benefits Package Taxes Insurance Medical 116

Workplace Insight

OCTOBER 29, 2024

Offering a comprehensive employee benefits package is more important than ever, and Drewberry’s 2024 Employee Benefits And Workplace Satisfaction Survey found that a fifth of employees want insurance to protect their loved ones. Or if the worst happens, their family will be looked after.

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Employee Benefits

APRIL 19, 2024

The top 10 most-read articles on employeebenefits.co.uk The top 10 most-read articles on employeebenefits.co.uk

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Flimp Communications

SEPTEMBER 26, 2024

The cost of healthcare and employer-sponsored health plans are on the rise in 2024. According to some estimates, the year will see a nearly 9% increase in the cost of medical care benefits, and inflation alone is not to blame. It’s not easy being an HR professional these days.

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WEX Inc.

FEBRUARY 12, 2025

With the 2024 U.S. elections potentially leading to significant shifts in employment laws and employee benefits, its crucial for employers to stay ahead of changes to maintain compliance. New regulations could affect everything from healthcare policies and labor laws to tax laws, all of which play a key role in benefits administration.

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Employee Benefits

FEBRUARY 12, 2024

The report which surveyed 2,006 employers in January 2024, found that the median expected basic pay increase in the private sector has fallen from 5% to 4% since the last quarter, while pay expectations in the public sector have fallen further from 5% to 3% which could lead to difficulties attracting and retaining public sector staff. “To

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Employee Benefits

APRIL 5, 2024

Energy technology firm Baker Hughes and airline operator EasyJet have been shortlisted in the Best benefits communications – large employer category at the Employee Benefits Awards 2024. The award was created to recognise the most effective benefits communications strategy for employers with more than 1,500 full-time staff.

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Entertainment Benefits Package Food Employee Benefits 110

Employee Benefits

FEBRUARY 8, 2024

HR, reward and benefits professionals who want to be in with a chance of winning at the Employee Benefits Awards 2024 have just one day left to enter. The post One day left to enter Employee Benefits Awards 2024 appeared first on Employee Benefits. See all the categories and enter now.

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InterWest Insurance Services

DECEMBER 26, 2024

The percentage of employers who are covering new and trendy weight-loss drugs has risen in 2024, continuing a trend of increasing coverage despite the costs, according to a new survey. And, as costs continue rising on average 5.25% in 2024, employers are taking a number of steps to manage costs.

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Employment Pharmaceutical Medical Health Insurance 98

Employee Benefits

JANUARY 16, 2024

Our research – hot off the press – of 1002 full-time UK employees found that nearly half are likely to actively search for a new job opportunity in 2024. Is becoming an employer of choice one of your ambitions for 2024? salary, benefits, work-life balance and career progression) for the year 2024?

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Salary Benefits Package Recruitment Employee Retention 59

Insperity

OCTOBER 10, 2023

Starting in 2024, employees’ annual contribution limits to some SIMPLE 401(k)s or IRAs will rise. Act also allows employers to offer many optional financial benefits to their employees. Also beginning in 2024, employers who do not currently offer a retirement plan may initiate a “starter 401(k) plan.” The SECURE 2.0

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401(k) Retirement Plan Taxes Benefits Package 113

cipHR

JANUARY 11, 2024

So what might 2024 have in store? A lot can happen in 12 months, but Ciphr’s own experts have gazed into their proverbial crystal balls to share their views on what 2024 has in store for the HR profession and how HR software like Ciphr’s can help. This empowers your hiring managers to make more unbiased hiring decisions 2.

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Recruitment Software Benefits Package Technology 52

InterWest Insurance Services

JULY 13, 2023

this year and at a faster clip in 2024 as inflation hits medical costs. ” At the same time the labor market is still very tight, requiring businesses to continue offering attractive pay and benefit packages. Employers who were surveyed for a new report expected that group health insurance premiums would increase 5.4%

Employment 98

Employment Out of Pocket Cost Health Insurance Health Savings Account 98

HR Professionals Magazine

JANUARY 3, 2024

By reviewing employee selections, you can compare the cost effectiveness of certain plan options and re-forecast how they will affect the benefits budget in 2024. By employing a forward-looking approach you’ll be sure to keep your benefits package relevant and attractive in a competitive job market.

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Employee Benefits

JANUARY 18, 2024

Our research found that almost half of UK employees say they’re likely to look for a new role in 2024. Financial wellbeing benefits and incentives were at the top of the list of ways to persuade them to stay. That’s why SmartPay, our cost-neutral salary deduction scheme, is the employee benefit your people and business need in 2024.

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Employee Benefits Deductible Deductions Salary 52

Empuls

DECEMBER 24, 2024

Organizations prioritizing meaningful benefits show their commitment to employee well-being, fostering loyalty, and enhancing productivity. While salary is important, employees increasingly value benefits that improve their work-life balance and financial security.

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Retirement Plan Health Insurance Benefits Package Healthcare 40

Sodexo Engage

NOVEMBER 14, 2024

Employee Discounts Platform LP mariana.nunes Thu, 11/14/2024 - 13:07 Give employees more freedom in the choices they make every day, and the chance to get more from life with a wide range of discounts at their fingertips. Why Choose Our Employee Discount scheme?

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InterWest Insurance Services

AUGUST 1, 2023

These plans can be either an HMO or a PPO, but they have the same feature of having a high deductible that needs to be met before benefits really kick in. For 2024, for a plan to qualify as an HDHP the deductible must be at least $1,400 for an individual and $2,800 for a family. Give them some time to look the plans over.

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Family and Medical Leave Act Out of Pocket Cost Deductible Deductions 98

InterWest Insurance Services

AUGUST 22, 2023

These plans can be either an HMO or a PPO, but they have the same feature of having a high deductible that needs to be met before benefits really kick in. For 2024, for a plan to qualify as an HDHP the deductible must be at least $1,400 for an individual and $2,800 for a family. Give them some time to look the plans over.

Family and Medical Leave Act 98

Family and Medical Leave Act Out of Pocket Cost Deductible Deductions 98

PeopleKeep

AUGUST 18, 2023

If you’re an employer with a limited budget, you may find it hard to offer employee benefits. But a quality and personalized benefits package is necessary for your organization to be competitive.

Health Insurance 52

Health Insurance Benefits Package Insurance Employee Benefits 52

InterWest Insurance Services

JANUARY 12, 2024

Some 15% of the businesses surveyed were considering adding this type of offering in 2024 or 2025, the professional services company found. Typically, these apps are provided as a voluntary or wellness benefit. Examples Recently Amazon announced that as part of its employee benefits package it would offer the therapist-like app Twill.

Employment 95

Employment Voluntary Benefits Commissions Benefits Package 95

HR Digest

FEBRUARY 20, 2025

A 2024 study by Gallup found that organizations with strong recognition cultures saw 31% lower voluntary turnover rates than their peers. The workforce is more diverse and dispersed than ever, with remote and hybrid models now the norm for 38% of US employees, according to the Bureau of Labor Statistics 2024 trends.

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Parental Leave Benefits Package Employee Retention Salary 84