InterWest Insurance Services

AUGUST 30, 2022

Now more than ever, employers need to step up their employee benefits game beyond providing group health insurance. Thanks to the Great Resignation, employees are demanding more from their current and prospective employers. ‘Must-have’ benefits. Among these must-have benefits: Prescription drug coverage.

Benefits Package 98

Benefits Package 401(k) Disability Insurance Health Insurance 98

Employee Benefit News

DECEMBER 3, 2024

Changes to the workforce extend beyond just the influx of new talent but also into what benefits employees value most, forcing employers to continually adapt.

Benefits Package 112

Benefits Package Employment Employee Benefits Management 112

PeopleKeep

OCTOBER 30, 2024

In today's competitive labor market, employee benefits are more important than ever. According to our 2024 Employee Benefits Survey , 81% of employees consider an employer’s benefits package as an important factor in whether they accept a job.

Health Insurance 105

Health Insurance Insurance Employment Benefits Package 105

Employee Benefits

OCTOBER 9, 2023

More than eight in 10 (83%) UK employers have reported a rise in employees requesting more wellbeing benefits in the workplace, according to new research from Zest. However, despite 82% investing more in their wellbeing benefits offering, 57% admitted that employee wellbeing is at an all-time low.

Benefits Package 120

Benefits Package Employment Employee Benefits Technology 120

Employee Benefits

FEBRUARY 15, 2023

The cost-of-living crisis has employees demanding pay rises in line with inflation, but many employers are unable to afford this long-term. Benefits that support financial wellbeing and education, including day-to-day budgeting and discounts, can help pay stretch further without raising pay.

Benefits Package 105

Benefits Package Pension Education Bonuses 105

Employee Benefits

JANUARY 30, 2023

If employers are not seeing a return on their investment in benefits or schemes are not achieving their desired aims, such as increased employee engagement or retention, then they might be spending too much. So, given the ever-growing list of benefits on offer, can an employer end up offering its workforce too much?

Employment 111

Employment Benefits Package Education Salary 111

Employee Benefits

APRIL 23, 2024

Half (51%) of employees want to see their employer invest more in sustainability, rising to 61% among younger workers aged 18-34, according to research by employee benefits technology provider Zest. The post 51% of employees want their employer to invest more in sustainability appeared first on Employee Benefits.

Employment 105

Employment Pension Benefits Package Technology 105

Employee Benefit News

JANUARY 11, 2024

Well-designed benefits packages can create relief and increase retention among those who are stressed over student loans.

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Employee Benefits

JULY 26, 2023

Nearly half (48%) of employers have boosted investment in their benefits package over the last 12 months in response to economic climate changes, according to research by benefits provider Zest. Salary (46%) was the next largest factor, followed by demands for better employee benefits packages (43%).

Benefits Package 98

Benefits Package Employment Salary Benefit Providers 98

Employee Benefits

OCTOBER 2, 2023

Employers are legally required to make reasonable workplace adjustments where possible for employees impacted by dementia to the point that it satisfies the disability definition. Employers should offer training for managers and staff on how to support someone with dementia in the workplace.

Employment 119

Employment Health and Welfare Consulting Benefits Package 119

Workplace Insight

JANUARY 16, 2024

Henley has also shared key advice for employers serious about doing better by their employees and responding effectively to demands: Embrace a workplace culture not built around homogeneity Businesses must make sure that packages and perks are tailored to the individual worker, allowing employees to opt-in to benefits that best work for them.

Employment 113

Employment Salary Transportation Manufacturing 113

Best Money Moves

NOVEMBER 15, 2022

With a potential recession on the horizon, employers must focus on the financial wellbeing of their employees. If companies hope to address the ever-changing needs of their employees they must create a benefits package that’s fit for economic hard-times. Here are 3 strategies to recession-proof your benefits program.

Benefits Package 124

Benefits Package Finance Comprehensive Benefits Work From Home 124

InterWest Insurance Services

JANUARY 12, 2024

workers struggle with mental health issues and stress, more employers are offering new chatbot apps to help them. A survey this past summer of 457 employers by Willis Towers Watson found that 24% of them offer a “digital therapeutic” for mental health support. As a record amount of U.S.

Employment 93

Employment Voluntary Benefits Commissions Benefits Package 93

Employee Benefit News

FEBRUARY 13, 2024

With innovative offerings and consistent education, employer benefits packages better meet the needs of all involved.

Employee Wellness 125

Employee Wellness Benefits Package Education Employment 125

International Foundation of Employee Benefit Plans

FEBRUARY 9, 2023

Fertility and family-forming benefits are top of mind for many organizations as they reevaluate benefit packages for the year ahead. Read more > The post <strong>Fertility Benefits Rapidly Rising as Employers Look to Attract and Support Talent</strong> appeared first on Word on Benefits.

Benefits Package 92

Benefits Package Employment Parental Leave Paid Leave 92

Employee Benefits

MARCH 11, 2024

Employers can offer onsite nurseries , workplace nursery schemes, and subsidised and emergency care provisions to help with childcare. There are a variety of different flexible working options that employers could offer those who are struggling. In order to combat this, what can employers do to offer support?

Employment 112

Employment Parental Leave Education Recruitment 112

WEX Inc.

NOVEMBER 21, 2024

Shaped by changing work environments, economic pressures, and technological advancements, the following trends are emerging as essential components of a competitive benefits package. Personalized benefits packages Today’s employees want benefits unique to their circumstances and lifestyles.

Employee Benefits 59

Employee Benefits 401(k) Employment Health Savings Account 59

Hppy

NOVEMBER 26, 2024

They’re looking for added security and employers who truly value the contributions they make. This is where having a well-structured benefits package can be invaluable for businesses. To do this, you’ll want to spend time researching what other companies are typically offering in their benefits package.

Benefits Package 36

Benefits Package 401(k) PTO Health Insurance 36

PeopleKeep

JULY 22, 2024

A robust benefits package that includes health coverage is an important recruiting tool for every employer. However, soaring medical costs can make offering health benefits challenging for small business owners with limited budgets.

Benefits Package 105

Benefits Package Medical Taxes Insurance 105

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.

Benefits Package 116

Benefits Package Taxes Insurance Medical 116

Money Talk

AUGUST 18, 2022

Also known as “fringe” (short for fringe benefits) or “perks.” employee benefits generally equal 25% to 50% of a worker’s gross pay. Thus, they are a key part of workers’ total compensation package. Purposes of employee benefits include: ¨ recruit and retain talented employees (e.g., Like vacation time.

Family and Medical Leave Act 186

Family and Medical Leave Act Employee Benefits Paid Vacation Paid Sick Leave 186

PeopleKeep

JANUARY 5, 2021

As an employer, effective communication is key to running a successful organization. Whether discussing job duties, explaining HR policies, or outlining a benefits package, it’s important that there’s a clear line of communication between employers and employees.

Benefits Package 130

Benefits Package Employee Retention Employment Health Insurance 130

Qandle

JULY 10, 2024

Professional Employer Organizations (PEOs) have emerged as a strategic solution for managing human resources effectively. What is Professional Employer Organization (PEO)? What is Professional Employer Organization (PEO)? This helps small businesses offer competitive benefits packages.

Professional Employer Organization 77

Professional Employer Organization Employment Benefits Package Payroll 77

InterWest Insurance Services

JULY 13, 2023

Employers who were surveyed for a new report expected that group health insurance premiums would increase 5.4% ” At the same time the labor market is still very tight, requiring businesses to continue offering attractive pay and benefit packages. .” copay plan). copay plan).

Employment 98

Employment Out of Pocket Cost Health Insurance Health Savings Account 98

Employee Benefits

JULY 10, 2024

Almost half (45%) of organisations find it difficult to meet employee expectations with their current benefits packages , according to research by employee benefits software firm Benify. One-third (33%) do not believe their organisation offers competitive benefits.

Benefits Package 101

Benefits Package IT Benefits Software Technology 101

PeopleKeep

AUGUST 22, 2024

Offering a comprehensive benefits package with health insurance is critical to having engaged and satisfied employees. These inconsistencies can make it difficult for small employers with remote workers in multiple states to find a suitable health benefit. But if your team includes some of the 22 million U.S.

Health Insurance 101

Health Insurance Insurance Benefits Package Comprehensive Benefits 101

PeopleKeep

AUGUST 10, 2022

While it’s tempting for small and midsize employers to cut corners on their employee benefits to save on costs, a quality and personalized benefits package is necessary to set your organization apart from others. See what fringe benefits you can offer in your benefits package for open enrollment in our complete guide.

Benefits Package 98

Benefits Package Health Insurance Insurance Employee Benefits 98

CorpStrat

DECEMBER 4, 2024

As the year winds down, employers have a crucial opportunity to fine-tune their employee benefits strategy. Open enrollment is wrapping up, and now is the time to ensure your benefits package is ready to meet employee needs and support your 2025 business goals. Let’s make it work for you.

Employee Benefits 52

Employee Benefits Employment Disability Insurance Health Savings Account 52

Employee Benefits

JUNE 7, 2023

The Covid-19 pandemic and cost-of-living crisis have changed which benefits employees value the most and what employers offer. Organisations that balance their own needs with those of their employees are likely to succeed in attracting and retaining talent as an employer of choice. Now, they are used more than ever before.

Employment 105

Employment IT Work From Home Take Home Pay 105

Employee Benefits

NOVEMBER 16, 2022

Based on the findings, we have increased the flexible benefits allowance for colleagues on lower pay bands, while reducing the variable proportion of their reward. That frees up cash that staff can choose to spend on improving their benefits package, take as monthly income or as a cash lump sum.

Banking 98

Banking Employment Benefits Package Medical 98

Workplace Insight

FEBRUARY 14, 2024

Employers are toughening up remote working rules according to a new poll from Randstad UK. Three in every five workers in the UK say that, in the past few months, their employer has become stricter about making staff come into the office. Women felt more strongly about this than men with 56 per cent saying the same. days and 2.0

Employment 64

Employment Telecommunication Benefits Package Work From Home 64

HR Bartender

AUGUST 24, 2021

It could also be the result of a geographic region getting a large employer and creating lots of jobs. Build a solid employment brand. Be a great employer. Offer a competitive compensation and benefits package. I realize a lot goes into the conversation about employee compensation and benefits.

Recruitment 185

Recruitment Media Benefits Package Bonuses 185

Best Money Moves

NOVEMBER 3, 2021

The employee benefits needs of the post-pandemic workforce look very different than they have in the past. Employers need to take notice. Sixty-five percent of employees are stressed about their finances due to the pandemic, according to a the 2022 Trends in Benefits report, costing the employers around the country a total of $4.7

Work From Home 111

Work From Home Benefits Package Finance Healthcare Benefits 111

InterWest Insurance Services

DECEMBER 10, 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. after rising 8.3% the year prior.

Employment 63

Employment Pharmaceutical Medical Health Insurance 63

Achievers

JUNE 6, 2022

Organizations often fail to go beyond these standard benefits, and if they do, it’s with a few additions that are selected without much thought and seldom improved. Today’s workforce is experiencing a new level of empowerment, and that comes with high expectations potential employers need to meet.

Employee Benefits 245

Employee Benefits Family and Medical Leave Act 401(k) Retirement Plan 245

Best Money Moves

JUNE 1, 2022

Here’s how employers can support their teams cope with inflation with the right benefits choices. . Luckily, there are methods employers can use to help employees weather this period. Here are 5 benefits employers can use to help employees cope with inflation. Improved Retirement Benefits.

401(k) 115

401(k) Out of Pocket Cost Benefits Package Finance 115