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

OCTOBER 6, 2023

The majority (85%) of organisations plan to enhance their benefits packages for employees, according to research by HR and employee benefits consulting services firm Gallagher. Voluntary benefits such as bikes-for-work schemes have increased to 75% from 73% in 2022, while gym memberships rose to 45% from 34%.

Benefits Package 59

Benefits Package Employment Voluntary Benefits Consulting 59

PeopleKeep

MARCH 14, 2022

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. But employer contributions to HSA rules can be challenging to manage.

Health Savings Account 98

Health Savings Account Employment Benefits Package Healthcare 98

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

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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.

Employment 119

Employment Health and Welfare Consulting Medical 119

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.

401(k) 106

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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

Insperity

JANUARY 27, 2022

It’s one more way to signal that you’re an employer of choice. Job hunters typically compare fringe benefits their target companies offer – they’re an important factor in choosing an employer. At the same time, current employees may compare your offerings against a prospective new employer.

Employment 98

Employment Taxes Health Savings Account Benefits Package 98

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)? Looking for the Best HR Software India ? Check out the Best HR Software India.

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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

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. Hiring managers could start asking “ stay interview ” questions during their one-on-one meetings. Hiring managers could start asking “ stay interview ” questions during their one-on-one meetings.

Recruitment 187

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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

HR Digest

JANUARY 7, 2025

So, what does the future hold for employee benefits in 2025? Lets dive into the key trends shaping employee benefits in the workplace. Image: Pexels Employers Need to Take Note of These Upcoming Trends in Employee Benefits The kind of employee benefits offered by an employer can make or break the companys retention numbers.

Employee Benefits 98

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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

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 80

Employment Pharmaceutical Medical Health Insurance 80

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.

Employment 68

Employment Pharmaceutical Medical Health Insurance 68

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 89

Employment Out of Pocket Cost Health Insurance Health Savings Account 89

Best Money Moves

AUGUST 19, 2024

However the way that stress manifests often comes as a surprise to employers. Over 70 percent of employees agree or strongly agree that their employers have a responsibility to ensure employees remain financially well. One way employers can help is by providing access to mental health resources.

Retirement Plan 104

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Employee Benefits

NOVEMBER 16, 2022

We have also relaunched our colleague discount programmes, offering reductions on goods and services to help everyone manage their outgoings. 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.

Banking 98

Banking Employment Benefits Package Medical 98

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

AUGUST 6, 2024

Employees often look to their employer as a source of financial wellness support. Yet only 28% of employers report offering such benefits to their teams. To help employees craft a more financially resilient future, consider offering an emergency fund as part of your employee benefits package.

Retirement Plan 106

Retirement Plan Benefits Package Medical Banking 106

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 112

Work From Home Benefits Package Finance Healthcare Benefits 112

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

Achievers

FEBRUARY 9, 2017

The millennial generation looks for things other than a steady paycheck and the stability of working for one employer for the next twenty years. Benefits packages are still important, but in 2017, they will become secondary to positive employee culture. They also get valuable feedback and recognition for a job well done.

Software 164

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Insperity

APRIL 29, 2021

There’s no getting around it – employers pay a hefty sum to provide health care benefits for their employees. The average private-sector employer spends an average of $2.65 In 2021, employer expenses for health insurance are expected to rise by 3.9 These days, many job candidates expect access to certain benefits.

Employee Benefits 128

Employee Benefits Health Insurance Insurance Benefits Package 128

PeopleKeep

JUNE 8, 2022

With a tight labor market caused by a record number of resignations and job openings, employers need to go above and beyond to attract and retain top talent. Offering competitive employee benefits packages is a great way to attract and retain your employees, with many employers looking to employee stipends and fringe benefits.

Taxes 105

Taxes Benefits Package Consulting Education 105

Employee Benefits

FEBRUARY 12, 2024

Just one in five (20%) working parents receive some kind of parenting support as part of their benefits package, according to research by REC Parenting. Just over a quarter (28%) of younger parents aged 34 and under who have very young children said they have dedicated parental benefits, compared to 16% of those aged 35 and over.

Employment 59

Employment Benefits Package Employee Benefits Management 59

HR Bartender

MARCH 21, 2017

(Editor’s Note: Today’s post is brought to you by Alongside , a company that bridges the communication gaps to create a better hiring experience for both employers and job seekers. However, forty-nine percent (49%) of HR pros cited competition from other employers as part of the challenge. Build a solid employment brand.

Recruitment 151

Recruitment Media Benefits Package Human Resources 151

Employee Benefits

FEBRUARY 6, 2023

EXCLUSIVE: Employers which have offered effective benefits packages to support employees with hybrid working are, for the first time, in with a chance of winning an accolade at the Employee Benefits Awards 2023.

Employee Benefits 105

Employee Benefits Benefits Package Pension Recruitment 105

PeopleKeep

MAY 24, 2021

With new tax-free vehicles emerging, including account-based health plans (ABHPs), small employers now have multiple ways to increase employees’ benefits. In this article, we’ll go over the differences between an HSA and a QSEHRA, how they can work together, and why small employers should consider offering both at the same time.

Health Savings Account 98

Health Savings Account Benefits Package Deductible Deductions 98

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 74

Employment Voluntary Benefits Commissions Benefits Package 74

Employee Benefits

OCTOBER 25, 2023

Credit: Emerge / Shutterstock (1079190161) Employers should have an understanding of the issues their employees face in order to produce targeted and appreciated voluntary benefits strategies. Voluntary benefits can help employees manage their finances in both the short and long term.

Voluntary Benefits 111

Voluntary Benefits Benefits Package Benefit Providers Electronics 111

PeopleKeep

APRIL 5, 2023

To address their wide range of needs, an employer’s benefits package must include more options than many traditional benefits offer. By offering flexible benefits you can better attract and retain your employees by allowing them to tailor their benefits to work best for them and their families.

Benefits Package 98

Benefits Package Software Employment Management 98

Best Money Moves

DECEMBER 7, 2021

Financial wellness programs are a must-have for your 2022 benefits strategy. Financial Wellness is the must-have employee benefit for 2022. Money management is a universal issue for your employees, whether they’re fresh out of college or approaching retirement age. Here’s how these programs can offer a lifeline for your team.

Employee Benefits 122

Employee Benefits Retirement Plan Finance Benefits Package 122

Employee Benefits

DECEMBER 5, 2023

Its Mind the gap survey, in collaboration with YouGov, which surveyed 1,000 employees, highlighted a link between employee benefits and staff retention, and that a competitive benefits package is central to an employer’s value proposition.

Benefits Package 111

Benefits Package Consulting Comprehensive Benefits Finance 111

Best Money Moves

JANUARY 9, 2023

Employers should consider these numbers when planning their 2023 employee benefits: A recession is likely on the horizon. . The top 2023 employee benefits . Here are 4 top 2023 employee benefits to inspire your staff and keep them feeling secure in a financially uncertain year. . Financial wellness benefits.

Employee Benefits 119

Employee Benefits Work From Home Transportation Benefits Package 119

Best Money Moves

DECEMBER 9, 2020

Why employees want financial wellness benefits and what they value most about their tools and features. An astounding 86 percent of employees agree it’s important for employers to offer financial wellness programs, according to research by John Hancock. Why financial wellness is important to employees in 2021.

Finance 112

Finance Benefits Package Education Employment 112