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Employee Benefits: The Only Guide You Need

Achievers

Federal and state mandated benefits include health insurance, worker’s compensation, unemployment insurance, and required leave time for caring for family and/or personal medical purposes. Health insurance, and family and medical leave, are not required for all businesses.

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Two-thirds of Small Firms Are Boosting Their Benefits Packages: Poll

InterWest Insurance Services

Now more than ever, employers need to step up their employee benefits game beyond providing group health insurance. Good pay and a robust health insurance package still win the day, but employers are having to do more to sweeten the pot, according to a new survey by MetLife. 401(k)s or other retirement plans.

Insiders

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What Does HR Do All Day?

HR Lineup

HR professionals also facilitate ongoing professional development by providing opportunities for employees to attend conferences, workshops, and other training programs. HR professionals are responsible for managing employee benefits programs, such as health insurance, retirement plans , and paid time off.

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Beyond health insurance: Innovative employee benefits that attract and retain talent

Higginbotham

In today’s increasingly competitive job market, offering a basic health insurance package is no longer enough to attract and retain top talent. The Evolution of Employee Benefits Employee benefits have come a long way since the days of basic health insurance coverage with a savings retirement plan thrown in.

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Top 10 Employee Perks Programs for 2024

HR Lineup

These programs go beyond the traditional healthcare and retirement plans, incorporating elements that cater to employees’ holistic well-being. They can range from traditional benefits like health insurance and retirement plans to more modern and creative offerings that cater to employees’ diverse needs and interests.

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3 Ways to Improve Your Employee Benefits Communication

Best Money Moves

Overly complex benefits intimidate employees : Important benefits such as private health care, retirement or life insurance often feel too complex for employees to tackle. Benefit fairs and workshops can also be a useful way to promote new benefits or bolster old ones.

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What is Hire-to-Retire (HTR)?

HR Lineup

Learning and development initiatives typically include: Professional Development Programs: Offering courses, workshops, and certifications that help employees enhance their skills. Benefits Administration: Offering competitive benefits such as health insurance, retirement plans, paid time off, and wellness programs.