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

Analytics in HR

From healthcare and retirement plans to wellness initiatives and flexible work arrangements, their expertise in navigating the complex world of benefits administration is crucial for attracting and retaining top talent. Contents What is a Benefits Coordinator? What does a Benefits Coordinator do?

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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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Your Ultimate HR Compliance Checklist for 2024

Analytics in HR

This includes employment areas such as recruitment and hiring practices, compensation and benefits , workplace safety, employee classification, records retention, non-discrimination and anti-harassment policies , and labor relations. The risk of non-compliance can be detrimental. Since 2000, U.S. Why is HR compliance so essential?

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HR acronyms and abbreviations you need to know

Bob

AARP: American Association of Retired Persons. ATD: Association for Talent Development (formerly ASTD: American Society for Training and Development). BWC: Bureau of Worker’s Compensation. CCP: Certified Compensation Professional. C&B: Compensation and Benefits. CTO: Compensatory Time Off.

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

Netchex HR Blog

The Bureau of Labor Statistics has found that benefits make up around 30% of the total compensation for each employee, as costs continue to increase. You might offer a partial match on programs like retirement savings, but other voluntary benefits are relatively inexpensive for the company. Manage benefits cost.

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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). The American Express railroad company set up the first retirement plan in 1875. Retirement. Notification rules.

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How to Design an Employee Benefits Program Effectively

Empuls

Employee benefits programs are an integral part of any organisation's compensation plan. They provide a range of benefits and perks to employees beyond their regular wages, including health and wellness benefits, retirement benefits, time-off benefits, employee perks and discounts, and educational assistance.