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Study Pegs Group Benefits Return on Investment at 47%

InterWest Insurance Services

Chamber of Commerce, found that firms with 100 or more workers to whom they offer group health benefits gained from increased productivity, reduced direct medical costs (for self-insured firms), tax benefits and improved retention and recruitment. Recruitment costs (0.3%

401(k) 93
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What are voluntary benefits?

WEX Inc.

And they serve as an excellent cost-effective recruitment and retention tool for employers as they look for ways to improve their benefits offerings. Health Voluntary benefits help employers fill any additional health needs that might not be covered by typical health insurance. Why are some examples of voluntary benefits?

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16+ types of employee benefits you should consider

Genesis HR Solutions

While you know recruiting and retention is important, you may not be sure if the benefits you offer are a selling point to your potential employees. There are four major types of employee benefits many employers offer: medical insurance, life insurance, disability insurance, and retirement plans. Medical Insurance.

401(k) 98
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Attracting top talent in a competitive job market

Insperity

Promote your employer brand (mission, vision and values). Start by looking at, and possibly refreshing, your company’s mission and vision – that is, what your organization does, why it exists and what it stands for. Together, your mission, vision and values make up your employer brand. Dental insurance. Vision insurance.

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What does PEO stand for in HR?

HR Lineup

Medical coverage, including dental and vision. Life insurance. Disability insurance. Accident insurance, and more. Since a PEO will be in charge of sourcing and hiring candidates, they will ensure the recruits are fully prepared to take on their new roles. Educational assistance. Drug testing.

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What is a PEO?

Insperity

Typically, a PEO can manage all the HR jobs that you would have to outsource to multiple service providers – like payroll processing, benefit plan management and administration, recruiting and training, and more. Recruiting support. A PEO can help you design the ideal recruitment process that fits your unique business.

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How will the ‘Great Resignation’ change employees attitudes to employee benefits?

Employee Benefits

According to the Re:Me research, published in November 2021 by life insurance firm Metlife, 54% of employees are considering leaving their jobs in the next 18 months, while staffing platform Indeed Flex research, from October 2021, found 45% of HR directors are already facing hiring challenges. Value over gimmicks.