Blogs
Benefits & Compensation
Employee Benefits Benchmarking: Where Do You Stand?
In early 2021, employers across the country were surveyed about various employee benefits and human resources topics, and roughly 150 organizations responded.
Blogs
Benefits & Compensation, Regulations & Compliance
The Impact of Biden’s Competition Executive Order on the Health Care Industry
The American economy is finally recovering after more than a year of stagnation due to the COVID-19 pandemic. President Joe Biden’s administration wants to continue this momentum and further stimulate the economy. To help in that effort, President Biden recently signed an executive order aimed at increasing competition among businesses.
Blogs
Benefits & Compensation
6 Employee Benefits to Attract and Retain Small Business Employees
Attracting and retaining employees is a constant struggle for organizations of any size, but it’s particularly so for businesses with small teams, especially when resources are scarce. That’s why it’s critical for small employers to tailor their employee benefits offerings in a way that attracts and retains the most employees.
Blogs
Benefits & Compensation, Payroll
Eight Types of Fringe Benefits
The idea of giving employees work-related benefits and discounts is very common throughout the United States. If specific requirements are met, employers may offer Code Sec. 132 “fringe benefits,” such as using the company’s tickets to sporting events or using a company vehicle on a tax-free basis.
Blogs
Benefits & Compensation, Culture
5 Mental Health Employee Benefits Trends for 2021
Since the onset of the COVID-19 pandemic, Americans have reported increases in anxiety, depression and thoughts of suicide. The toll that the pandemic takes on mental health increases daily. Before the pandemic, 5% of employed workers reported poor or very poor mental health. Now, 18% of employed workers struggle with mental health issues.
Blogs
Benefits & Compensation
Benefits Education for Young Employees
Employee benefits aren’t always simple. In fact, for many young employees, they’re downright confusing. Look at basic health insurance term knowledge, for example.
Blogs
Benefits & Compensation
Employee Assistance Programs (EAPs)
Employee productivity is a vital contributor to the success of any business. At times, employees may be too overwhelmed by personal or behavioral problems to perform at their highest levels. Furthermore, higher stress can lend itself to higher health risks and more costly health claims.
Blogs
Benefits & Compensation
Benefit Strategies to Attract & Retain Employees
Benefits renewal season is right around the corner; does your total benefits offering differentiate you within your marketplace? Are you considered a preferred place to work due to your benefits offering?