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Employee Benefits Management: Getting the Most Out of Your Benefits Plan

Netchex HR Blog

When done properly, employee benefits management helps employees, as well as the company. Because employee benefits can be complicated, and you need a centralized system to manage costs and adjust policies. When it comes to benefits, both legal compliance and employee satisfaction are important.

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The Delicate Art of Choosing Part-Time vs. Full-Time Workers

Homebase

Cons of full-time jobs Higher costs: Going full-time often means more benefits like health insurance and retirement plans, bumping up your overall labor costs. Do full-time employees get benefits? The law addresses health insurance coverage, health care costs, and preventive care.

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Is Your Employee Benefits Package Working for You?

Payactiv

In the US, skills shortages have more than tripled in the last ten years, with 69% of employers currently struggling to fill positions, up from just 14% in 2010. In this article, we’ll share some thoughts on how you can enhance your organization’s employee benefits package to ensure you stand out. What Is a Benefits Package?

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5 important takeaways from Microsoft’s HR strategy

HRExecutive

Fifteen to 20 years ago, companies began looking at offering health plans with comprehensive coverage and offering employees access to biometrics like testing blood sugar for diabetes and body mass index. Related: 5 ways to get creative with employee benefits “Then we realized the notion of wellbeing included the whole person,” Thiele says.

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Ponzi Scheme Involved Theft of Nearly $2 Million from Employee Benefit Plan

HR Daily Advisor

million from an employee benefit plan. Department of Labor’s Employee Benefits Security Administration (EBSA) and Office of Inspector General (OIG) participated in the investigation and prosecution led by the Justice Department. Apostelos, who orchestrated a Ponzi scheme that included the theft of $1.9

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Competitive Employee Benefits Key During Tepid Economic Recovery

Insperity

For businesses looking to grow and get ahead in the wake of the Great Recession, offering competitive employee benefits is key. Workers nationwide have seen their net worth, home equity and retirement plan values drop at an alarming rate, and are likely to appreciate their benefit packages now more than ever.

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California Bank to Pay $866,000 in Benefits to ESOP Participants in Judgment Won by DOL

HR Daily Advisor

Department of Labor (DOL) of failing to follow the bank’s retirement plan’s requirements for terminating its ESOP, selling the stock, and paying the proceeds in cash to ESOP participants’ retirement accounts, the agency said in a November 1 press release. California Pacific Bank and four of its fiduciaries were accused by the U.S.