Employee Benefits

APRIL 23, 2024

Credit: ricochet64 / Shutterstock.com Tyre manufacturing organisation Michelin is to guarantee a living wage for its more than 100,000 global employees, as well as enhancing parental and healthcare benefits. Florent Menegaux, chief executive officer of Michelin, said: “Michelin is transforming.

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HR Lineup

MAY 10, 2024

In this article, we delve into the top strategies for reducing employee turnover in 2024, offering insights and actionable steps for employers to enhance retention efforts. As companies strive to retain top talent and foster a stable workforce environment, implementing effective strategies becomes imperative.

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Empuls

AUGUST 28, 2024

In today's rapidly evolving workplace, offering a comprehensive benefits package is no longer just an added perk—it's a critical component of attracting and retaining top talent. This alarming statistic signals a pressing need for businesses to reevaluate their benefits offerings.

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HR Lineup

APRIL 11, 2023

Employment is a significant part of our lives, and it comes with various benefits and perks. One of these benefits is the provision of employee benefits. Employee benefits are non-wage compensations that are provided by employers to their employees, which may include health insurance, retirement plans, and vacation time.

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WEX Inc.

OCTOBER 29, 2024

Pet insurance : For the pet lovers among us, this benefit helps offset the cost of unexpected veterinary bills, ensuring your pets receive the best care. Student loan repayment assistance : Many employers now offer programs to help alleviate the burden of student loan debt, allowing you to focus on your financial future.

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Employee Benefits

FEBRUARY 14, 2024

One thing for sure is that getting employees the medical help they need more quickly is essential, and this is where a Virtual GP and digital healthcare platform comes into its own. Helping employees who need to work, stay in work with digital healthcare solutions! How do digital health platforms save businesses money?

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Best Money Moves

DECEMBER 9, 2024

According to Mercers Survey on health & benefit strategies for 2025 , almost 70% of surveyed companies are or are planning to offer financial wellness programs in their benefits package next year. This projection shows the benefits trends in use and utilization of financial wellness programs among employees.

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PeopleKeep

MARCH 14, 2022

Many organizations provide a health savings account (HSA) to their employees to offset rising healthcare costs. While HSAs are employee-owned accounts, many employers wonder if they can contribute to their employees’ HSAs, and—if so—how much. Employers aren’t required to contribute to their employees’ HSAs, but many choose to do so.

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WEX Inc.

FEBRUARY 12, 2025

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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HR Digest

MARCH 12, 2025

In 2025, salaries alone no longer define an attractive employment offer. Employers are increasingly turning to fringe benefits. What are fringe benefits? But what exactly is the meaning of fringe benefits, and why do they matter? Financial Incentives Beyond salaries, employers might offer retirement plans (e.g.,

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HR Lineup

APRIL 10, 2023

They may also work with legal counsel to address legal issues related to employment, such as discrimination claims or wrongful termination suits. They may develop and implement policies and procedures that help the company avoid legal issues related to employment. How do HR Support Employees? How do HR Support Employees?

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Insperity

OCTOBER 1, 2024

And employment has an effect on nearly aspect of a person’s wellness, including: Basic financial benefits of a paycheck and benefits. Emphasize wellness in benefits offerings Most standard benefits packages include things like health insurance, a 401(k) retirement plan and PTO.

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HR Lineup

MAY 9, 2023

Pazcare is an innovative healthcare company that provides a comprehensive suite of digital healthcare solutions. The platform is designed to help medical professionals and patients manage healthcare needs more efficiently, utilizing technology to improve the overall healthcare experience.

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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.

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HR Lineup

MAY 30, 2023

Utilize social media platforms , create a compelling employer brand on websites and professional networks, and leverage innovative recruitment technologies to reach Gen Z candidates where they are most active. Employers should establish robust learning and development programs, including mentorship, coaching, and training initiatives.

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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.

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HR Lineup

MAY 11, 2023

The PeopleKeep platform offers customizable benefits solutions for businesses of all sizes. Employers can choose from a range of pre-tax benefits, including health insurance, dental insurance, vision insurance, and other types of benefits. Another benefit of using PeopleKeep is the flexibility it offers.

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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. used to predict their upcoming healthcare needs. Employees answer four key questions (that’s it!)

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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.

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HR Lineup

AUGUST 7, 2023

Compensation and Benefits: Fair and competitive pay, along with attractive benefits packages, can enhance job satisfaction. Employers that promote work-life balance initiatives demonstrate a commitment to their employees’ well-being, leading to higher job satisfaction.

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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. after rising 8.3% the year prior.

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Best Money Moves

NOVEMBER 18, 2020

Employee benefits 2021: student loan repayment assistance programs. The different kinds of employer student loan repayment programs and why more employers plan to add them. Student loan benefits emerged to help employees with their share of the $1.6 Why Financial Wellness Is a Must -Have Employee Benefit.

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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.

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HR Lineup

JUNE 12, 2023

With a strong focus on technology-driven solutions and a comprehensive suite of services, TBX Benefits empowers companies to create and manage customized benefits packages that meet the unique needs of their workforce. One of the key advantages of partnering with TBX Benefits is their commitment to cutting-edge technology.

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Employee Benefits

SEPTEMBER 18, 2023

Private medical insurance (PMI) has become the most important perk that employees look for in their benefits package, according to new research by Zest. They also ranked PMI ahead of benefits that could help them with the cost-of-living crisis, such as employer support for home energy costs (25%) and workplace savings schemes (21%).

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HR Lineup

FEBRUARY 13, 2023

USI’s employee benefits offerings are designed to meet the needs of a diverse workforce and support employers in creating a supportive and healthy work environment. USI’s benefits offerings include a comprehensive suite of health insurance options, including medical, dental, and vision insurance.

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BerniePortal

SEPTEMBER 29, 2021

As employers prepare for open enrollment and begin planning recruitment strategies, it is crucial for teams to recognize how they can best maximize their health plan and benefits packages. For some employers, a multiple employer welfare arrangement (MEWA) can help.

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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.

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COMPackage

NOVEMBER 4, 2024

Total Compensation Report (TCR) templates offer a solution, providing a clear and concise framework for communicating the full value proposition an employer offers. This article explores the benefits of TCRs, highlights key considerations for creating an effective template, and showcases a sample report for your reference.

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Empuls

DECEMBER 24, 2024

While salary is important, employees increasingly value benefits that improve their work-life balance and financial security. According to WTW’s 2024 Global Benefits Attitudes Survey , 75% of employees are likelier to stay with an employer offering a strong benefits program. What is a staff benefits program?

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BerniePortal

OCTOBER 30, 2020

With so many people making pets a new and important part of their family, should employers consider offering pet insurance in their benefits package? The quickly-approaching holidays are another occasion during which furry family members are adopted and given as gifts.

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Benefit Resource Inc.

JANUARY 16, 2024

Organizations are continuously looking for strategies to draw in and keep top talent in the highly competitive employment market of today. An excellent benefits package is one important component that is vital to this effort. Contributions to HSAs are tax-deductible, reducing both employee and employer tax liabilities.

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Best Money Moves

APRIL 20, 2022

The costs to employers are staggering. To help avoid the high costs of turnover, employers should be prepared to reevaluate their benefits packages. To help avoid the high costs of turnover, employers should be prepared to reevaluate their benefits packages.

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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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Total Employee Benefits

SEPTEMBER 15, 2021

It’s a perfect opportunity for employers to maximize benefits packages and save on premiums, but it isn’t always easy. It can be an overwhelming time for both employers and employees. Conduct informative seminars and meetings to help employees stay up-to-date on all of their benefits. Offer Options.

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COMPackage

NOVEMBER 2, 2024

Beyond just base salary, employees value a comprehensive benefits package that contributes to their overall well-being. Benefits: A breakdown of employer-provided benefits like health insurance, paid time off (PTO), retirement plans, and wellness programs. healthcare, PTO).

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COMPackage

OCTOBER 31, 2024

Employees may suspect they’re underpaid or that their benefits package isn’t as valuable as they think. Seeing the true value of their benefits package can be a revelation. Seeing the employer contribution to their retirement plan, for instance, can encourage them to maximize their contributions.

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