Remove 2001 Remove ATS Remove Employee Benefits Remove Retirement
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Employers’ Cost to Provide Employee Benefits Has Risen 24% Since 2001, New Analysis Finds

HR Daily Advisor

employers’ cost to provide employee benefits, measured as a percentage of pay, increased 24% between 2001 and 2015, fueled largely by a doubling in healthcare benefit costs, according to a new analysis by Willis Towers Watson, a leading global advisory, broking, and solutions company. of pay in 2001 to 18.3%

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Evolution of the 401(k)

Guideline

With the widespread adoption of 401(k) plans, it might surprise you that they’re a relatively new employee benefit — and one that was created unintentionally by lawmakers. Unlike pensions, these retirement plans put more of the planning decisions—and responsibility—on employees rather than the company.

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5 Ways to Ease Open Enrollment Stress for Employees

HR Daily Advisor

Make sure all employees have the opportunity to be fully educated about their options by deciding which communication methods will best explain important benefit details—email, employee portal, videos and workshops, etc. Remember: communication about benefits doesn’t stop at the end of the open enrollment period.

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15 Best HCM Software in 2024 (Based on Four Research Parameters)

Vantage Circle

At its core, HCM involves the comprehensive management of employees throughout their entire organizational lifecycle. Here are some of the must-have features: Core HR Management: Employee Database : A centralized repository for employee information, including personal details, work history, and contact information.

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Absenteeism in the Workplace: A Full Guide

Digital HR Tech

Absenteeism is any failure to report for or remain at work as scheduled, regardless of the reason ( Cascio & Boudreau, 2015 ). This means that on average 4 workdays per year are spent at home because of illness. is cause for concern and should lead to targeted interventions, aimed at reducing absence to more acceptable levels.