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Benefits Coordinator Job Description: Salary and Job Responsibilities (with Examples)

Analytics in HR

Aflac also found that 83% of organizations believe their benefits package positively impacts employee productivity, while 84% reported that it enables them to recruit top talent. Contents What is a Benefits Coordinator? What does a Benefits Coordinator do? Coordinate with HR or the payroll team for payroll deductions.

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Assessments, Policies, and Training Are Key to HIPAA Compliance

HR Daily Advisor

The keys for plan sponsors to avoid penalties under the Health Insurance Portability and Accountability Act (HIPAA), as well as other liability that may come with data breaches, were discussed by HIPAA experts in a recent webinar. Department of Health and Human Services (HHS). Risk Assessments.

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Penalties for Benefits Noncompliance

Zenefits

Inflation is not only fueling price increases; it’s also requiring employers to pay more in penalties for not complying with benefits laws under the Employee Retirement and Income Security Act of 1974 (ERISA). History of benefits compliance. Employers have been offering employee benefits since the late 1800s.

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Consequences of Outdated Employee Benefits Systems

Zenefits

Technology is making remarkable strides across the employee benefits landscape. A 2019-2020 survey found that the vast majority of organizations are utilizing a benefits application in some shape or form. Benefits administration is regarded as the most complex HR process. Absence of employee self-service burdens HR.

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Recordkeeping: What you must keep – and for how long

HR Morning

That’s why it’s essential to know — before you find yourself in some kind of legal dispute — what documents you need to hold onto and what you can trash without putting your company at risk. To be on the safe side, many employment law attorneys recommend you keep everything for at least five to seven years after an employee has left.

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Do More With Less in Your HR Department

Benefit Resource Inc.

Likely, it means having to learn to do more with less. Likely, it means having to learn to do more with less. Web pages are a great way to create a central repository of documents, information, and resources. Experts agree that the cost to retain employees is far less than the cost to hire someone new. Communication.

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What is ERISA?

HR Daily Advisor

ERISA stands for the Employee Retirement Income Security Act of 1974. The Act advises when employees must be allowed to join the plan. In other words, it defines how much service can be required of an employee before he or she can participate. It regulates how benefits accrue. Primary ERISA Provisions.

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