Wed.Sep 25, 2024

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The Employee Healthcare Crisis: This is How To Help

Best Money Moves

Employees Face a Healthcare Crisis. Here’s How You Can Help. Employees are experiencing a healthcare crisis due to financial concerns. These are the best strategies employers can use to help. American families are in the midst of a healthcare crisis and employer-sponsored health insurance can’t keep up. Even with support from employee health insurance programs, millions of American families cannot afford the full care they need.

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Data is the key to figuring out whether an RTO strategy will be effective

Employee Benefit News

More employers, such as Amazon, are abandoning hybrid models, but it could hurt them in the long run without the right insights.

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Using Spousal Surcharges and Carve-Outs as Health Cost Management Strategies

International Foundation of Employee Benefit Plans

With open enrollment right around the corner, employers are already contemplating strategies to help lower their health plan costs. Spousal surcharges or carve-outs are two options, but how prevalent are they? Surcharge vs. Carve-Out A spousal surcharge is an additional employee contribution […] The post Using Spousal Surcharges and Carve-Outs as Health Cost Management Strategies appeared first on Word on Benefits.

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Four steps to easing back-to-school financial anxiety

Employee Benefit News

Mounting pressure to manage the competing demands of school-related expenses and ensuring a family's long-term financial stability can lead to stress and anxiety.

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Navigating Payroll Compliance: Future-Proofing Payroll in an Evolving Regulatory Landscape

Speaker: Jennifer Hill

Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.

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How To Motivate Yourself: 15 Ways To Hit Any Goal

BetterUp

It’s normal to wonder how to motivate yourself. See 15 evidence-based techniques for finding the motivation to achieve personal or professional goals.

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Labor Shortage Projections Point to Dramatic Workforce Changes by 2032

HR Digest

Labor shortage projections by Lightcast ‘s new Rising Storm report suggest that in the coming years, the U.S. could see the biggest shortage of human resources the country has ever seen. The looming U.S. labor shortage is expected to affect both public and private entities and create a deficit of 6 million workers by 2032. Such a large deficit will cause organizations across industries to suffer significant losses with no way to fill in the gaps in their workforce and productivity.

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What's a good 401(k) employer match?

Employee Benefit News

Most companies that offer to match employees' 401(k) contributions offer a match of between 3.00% and 4.99% of their employee's pay.

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Upward mobility: Unlocking career advancement opportunities

Business Management Daily

Is it relatively easy for your employees to move up your organization? If the answer is yes, then your company has strong upward mobility , which refers to the frequency at which a person improves their socioeconomic status. Specifically, this most commonly refers to employers’ career development opportunities. After all, the #1 way for someone to improve their standard of life is to either: Receive a promotion at work Land a higher-paying job at another organization Both will allow them t

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Creating benefits that care for the whole employee

Employee Benefit News

An expert from Cigna Healthcare explains why, along with individualized offerings, budget and communication plans are vital to benefits' success.

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Where You Can and Absolutely Cannot Cut Costs Corners in Benefits Administration

Managing benefits administration is costly, and cutting corners in the wrong places can lead to disengaged workforces and the risk of non-compliance. This eBook from Selerix highlights areas where you can save without compromising the value of benefits. Proactively Thinking: Make decisions for the long run. Discover ways to be proactive in your decision-making to save money in the future, not just temporarily.

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How to Effectively Communicate Life Insurance Benefits to Your Employees

Winston Benefits

Life insurance can protect an employee and their family long-term. Yet, many Americans still don’t have vital coverage, with 52% citing cost as the reason for delaying getting life insurance. As a result, more companies have started including these benefits in their packages to help fill employee gaps and grant peace of mind. Since September … Continue reading "How to Effectively Communicate Life Insurance Benefits to Your Employees" The post How to Effectively Communicate Life Insurance B

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Four steps to easing back-to-school financial anxiety

Employee Benefit News

Mounting pressure to manage the competing demands of school-related expenses and ensuring a family's long-term financial stability can lead to stress and anxiety.

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Employee Engagement Awards: Types, Examples & Best Practices That Actually Works

Empuls

Keeping employees engaged is essential for any successful business. Companies that recognize and reward their teams for hard work create an environment where employees feel truly appreciated. In fact, organizations that focus on employee engagement often see a sharp rise in productivity, with research showing up to 21% higher profitability compared to those that don’t.

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Research shows Ozempic reduced the risk of opioid overdose

Employee Benefit News

People with a history of opioid abuse who took Novo Nordisk A/S's Ozempic were less likely to overdose.

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HR’s Blueprint for a Successful 2025

The HR industry is changing. Did you know… 1. There will be 4M more jobs than workers by 2033 ( BLS ). 2. For 84% of workers, flexibility is a top priority ( FlexJobs ). 3. 75% of employees have used AI at work ( CFO.com ). It’s time to meet the moment! Use Paycor’s guide to design a blueprint for success.

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The future of procurement: navigating a digital and strategic evolution

Workplace Insight

In recent years, procurement has transformed from a back-office function to a strategic driver of business value. As global supply chains become more complex and businesses strive for greater efficiency, sustainability, and agility, the future of procurement is set to change even more dramatically. Technological innovations, data-driven insights, and a shift in priorities are reshaping the way organizations manage their sourcing, purchasing, and supplier relationships.

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The Employee Healthcare Crisis: This is How To Help

Best Money Moves

Employees Face a Healthcare Crisis. Here’s How You Can Help. Employees are experiencing a healthcare crisis due to financial concerns. These are the best strategies employers can use to help. American families are in the midst of a healthcare crisis and employer-sponsored health insurance can’t keep up. Even with support from employee health insurance programs, millions of American families cannot afford the full care they need.

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How To Build Employee Confidence At Work

Wellable

Confidence building at work requires support, recognition, and trust from employers. Learn how to build confidence in employees for innovation and engagement. The post How To Build Employee Confidence At Work appeared first on Wellable.

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Total Compensation Report Template: A Data-Driven Tool for HR

COMPackage

A total compensation report template is a valuable asset for HR departments, providing a comprehensive overview of an employee’s compensation package. By accurately capturing salary, benefits, and other relevant compensation components, this template offers insights into employee compensation costs and helps organizations make informed decisions regarding compensation strategies.

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7 Common ACA Compliance Pitfalls and How to Avoid Them

Managing ACA compliance is a major headache, especially in industries with complex schedules and regulations. Errors can lead to fines, legal battles, and strained employee relationships. Ways to Avoid Penalties & Fines: Non-compliance with Hours of Service (HOS) or misclassifying employees can lead to fines and legal issues. We offer tools to avoid these penalties and ensure regulatory alignment.

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3 Email Templates for Health Insurance Explainers

Flimp Communications

As an HR professional, you deal with the consequences of health insurance illiteracy every day: Employees make poor choices based on incomplete knowledge or false assumptions, increasing frustration and driving up costs for your entire organization. You and your colleagues are inundated with constant questions and confusion, repeatedly asked to explain the same basic concepts.

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Essential fleet tire management tips for optimized performance and safety

WEX Inc.

With 15.6 million vehicles sold in the United States in 2023, the health of the tire market is critical to the fleet transportation economy. The value of the tire market alone is expected to experience a 6.50% compound annual growth rate (CAGR), with the commercial fleet segment expected to have the highest CAGR. Tire management is important for your trucking business and for protecting your bottom line.