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3 Tips to Build a Competitive Employee Benefits Package

Extensis

Quick look: With inadequate benefits being the second most common reason people switch jobs and 70% of employers planning on adjusting their benefits packages this season, it’s time for SMBs to analyze their workforce, choose suitable benefits, and source them affordably. 3 ways to build a competitive employee benefits package.

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Helping Employees Prepare for Retirement

Extensis

In this post, review the current state of retirement, including changing benefits expectations, how surging inflation affects retirement planning, opportunities to foster a more welcoming culture to employees of all ages—and how a PEO can help SMBs conquer it all. Gen X: 48%. Millennials: 57%. Gen Z: 66%. And employees want this information.

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7 Best Practices for Working Across Time Zones

Extensis

Here’s what employers need to know to succeed and reap all the benefits of a dispersed workforce. More employees than ever are working from home either full-time or part of the time – a trend that emerged suddenly during the pandemic and required businesses to quickly pivot operations to accommodate this now-permanent hybrid switch.

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Writing Better Job Descriptions to Attract Top Talent

Extensis

As small- and medium-sized business (SMB) employers stay busy growing strong, thriving businesses, the idea of updating job postings is seemingly non-existent on the priority list. However, they deserve another look, whether it’s for a quick update or a complete overhaul. Say it on social media. Focus on skills versus degrees.

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The Top 3 Benefits of 401(k) Plans for SMB Employers

Extensis

What are the benefits of 401(k) plans for employers? This makes sense when you consider that recruiting and onboarding a replacement employee costs about $4,000 per hire. Companies should note that if they don’t include a 401(k) plan in their benefit offerings, many employees will switch to organizations that do.

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5 Benefits of Applicant Tracking Systems

Tandem HR

But one area that took a little longer to evolve was the hiring process. One common issue with digging through never-ending piles of resumes is that it’s easy to overlook qualified candidates due to fatigue or simple human error. If you’re still being overwhelmed by stacks of resumes, consider making the digital switch.

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How Employee HSAs Can Support a Client’s DEI Plan

Extensis

In this blog, brush up on your knowledge of the latest HSA guidelines as well as how these accounts can better a client’s business and become an integral part of their DEI plan. What can you pay for with an HSA? On the employee front, in addition to providing permanent access to funds, HSAs offer a triple tax advantage.