Benefits of Using a Learning Management System to Promote Continuous Learning

Netchex HR Blog

Continuous learning is more than a workplace fad. While treadmill desks, sleep pods, and bean bag chairs are questionable at best, continuous learning is proven to promote a positive shift in workplace culture. What is continuous learning?

Tips for Marketing Voluntary Employee Benefits to Your Clients


The truth is, employees today want more than what employment opportunities have traditionally offered in the past. Those who want to stay ahead of the game have chosen to use voluntary employee benefits as an incentive, with profoundly successful results. Marketing voluntary employee benefits. Marketing voluntary benefits gives companies an extra “wow” factor in the eyes of applicants. Employees are not the only ones to gain from voluntary benefits.


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What These 5 Shocking Employee Benefits Statistics Mean for Your Broker Business


It’s becoming more apparent that the opportunity share for benefits brokers is rising year-over-year. Brokers can use these shocking employee benefits statistics to put into perspective that the market for voluntary benefits is two things right now: The demand is beginning to snowball due to both employees’ and employers’ developing requirements to combat an unstable healthcare market. 5 Shocking Employee Benefits Statistics.

What These 5 Shocking Employee Benefits Statistics Really Mean for Your Broker Business


It’s becoming more apparent that the opportunity share for benefits brokers is rising year-over-year. Brokers can use these shocking employee benefits statistics to put into perspective that the market for voluntary benefits is two things right now: The demand is beginning to snowball due to both employees’ and employers’ developing requirements to combat an unstable healthcare market. 5 Shocking Employee Benefits Statistics.

Your No Nonsense Guide to HSA Contribution Limits and More for Employers


In regards to Open Enrollment (OE), voluntary benefits and healthcare plans in general, Health Savings Accounts (HSAs) can be used by employers to help themselves and their employees battle the rising healthcare costs that are affecting millions of Americans more-and-more each year. Employers are allowed to contribute to employee HSAs—individual and family— if they so choose, however, it cannot exceed the IRS’ HSA contribution limits for 2019 of $3,500 and $7,000.

The Power Of Holistic HCM

Analytics in HR

Disparate human capital management (HCM) systems result in disjointed HR processes and fragmented employee information in files, spreadsheets and systems. When employee information is siloed in many different systems, it becomes difficult to access key information, generate reports, meet compliance obligations and ensure the accuracy of data. Nonetheless, an ADP global survey found that employers manage an average of 31 separate HR systems.

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Why You Should be Integrating Payroll with Your HRMS


The management of workforce payroll is not easy to do if you’ve outsourced it entirely, or if you’re using a separate system apart from your Human Resources Management System (HRMS). that payroll is made up of includes data from employee benefit selections, time and attendance history, bonuses earned from performance management and more. If you’re not integrating payroll with your HRMS, then your business may be at risk to be within non-compliance of U.S.

7 Ways an HR Portal Can Radically Transform Your Business in 2021


An HR portal is the employee interface in a Human Resources Management System (HRMS). In the portal or dashboard, employees handle HR tasks. (An You could improve workforce management immensely. Standardize compliance and minimize the risk of a violation.

Case Study: Romantix


Both onboarding and benefits enrollment were manual, paper-based processes that took an average of two hours each per new employee. Administrators had to manage and track employee paperwork from start to finish. Paper-based onboarding and benefits selection. With Learning Management, Romantix can virtually train their employees nationwide on company policies and new product offerings. Learning modules for training employees.

3 Essential Automated HR Solutions for Benefits Brokers


There are numerous platforms, systems, modules and applications that manage processes in manufacturing, logistics, finance, customer relationships and more. But, what about automated HR solutions to support both administrators in human resources and the entire employee base they support? Employees want and need their information instantly. Whether that be PTO approvals, managing/viewing their selected benefits or accessing employer policy documentation when needed.

Benefits Packages that Motivate Employees and Attract Top Talent


According to a Glassdoor survey , around 60 percent of respondents said they would strongly consider perks and benefits offered before accepting a job offer. In addition, 80 percent prefer additional benefits over a pay increase. Continue reading below to see the benefits packages that motivate employees the most. Why benefits packages may be more important than salary to employees. In 2019, the cost-0f-care per employee will be nearly $15,000.

5 Benefits Administration Software Features You Should Employ


The benefits management process for many employers can come with a lot of baggage. For the companies that don’t have the bandwidth to manage Open Enrollment (OE), and/or those who can’t afford to hire a third-party to administer it for them; they can integrate cloud-based benefits administration software within their business. When you integrate these HR automated solutions, you will gain more than just simplifying the benefits process for your workforce.

Types of HR Software: A Guide


But how do you choose between things as seemingly similar as “attendance tracking” software and “employee scheduling” software? Bucket 1: Benefits-Focused Software. This bucket includes all the types of HR software relating to managing the compensation of employees. Benefits Administration. Manage and track employee benefits like health insurance, paid time off, compliance, and retirement accounts all in one place with this software.

M&A Friday! This Week’s HR Deals


Each week, with the help of HRmarketer Insight software , our researchers compile a sampling of mergers & acquisition, funding and partnership announcements from the human resource, recruitment and employee benefits marketplace. OpenView Invests $25M Series A in Deputy to Redefine Workforce Management. iWorkGlobal Unleashes the Power of the Global Workforce in Merger with Nelson Compliance. Acquires Employee Benefits Consulting Firm, Hill, Chesson & Woody.

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What is an HRIS?

HR Daily Advisor

An HRIS is any system that allows the HR department to maintain employee and organizational information in one comprehensive place. Here are some of the most common inclusions: Employee data, including important information such as address, phone number, social security, and taxation information. Employee benefit enrollment data, including changes and history. Other employee information, such as full employment history with the organization.

Top Benefits Administration Webinars of 2018


2018 has been a busy year, with important updates to health care legislation, exciting new benefits companies coming to market and interesting industry shifts. Take a peek at our top benefits administration and human resources blogs and catch up on the greatest stories and tips from 2018. Open enrollment can feel like a huge final exam for benefits and HR professionals – months of research, planning and hard work designing your benefits program is on display.

Leverage More ERP Sales with HCM Integration


The powerful and strategic business processing management tools available can be used to manage data, automate manual process, generate impactful reporting and more for any organization. Business owners and leadership stakeholders love the functionality of these systems because it allows them and their employees to focus on more meaningful projects for the company. Warehouse Management. Supply Chain Management. Production Management. Benefits Management.

What is an HRIS? An HR Practitioner’s Guide

Analytics in HR

The HRIS is a system that is used to collect and store data on an organization’s employees. In most cases, an HRIS encompasses the basic functionalities needed for end-to-end Human Resources Management (HRM). It has a system for recruitment, performance management, learning & development, and more. Other commonly used names are HRIS system and HRMS , or Human Resources Management system. Benefits of an HRIS. Compliance. Benefits.

Preparing for Open Enrollment: 4 Things HR Leaders Should Know


If you’re found to be noncompliant with employee benefits, your company will be at risk of incurring hefty penalties and fees by the government. If you’re operating your benefits administration operations with manual workflows or with limited technology, your company may have issues doing the following: Communicating critical details and important dates surrounding OE. Connecting employee selection data to payroll and other applicable areas of business.

5 Current Trends in Talent Management We’re Seeing in 2019


The discussions surrounding employee attraction, engagement, retainment and everything revolving around the entire employee experience is never going to go away as current trends in talent management are constantly evolving. unemployment rate, this has put extra pressure on companies to improve key workflows within their talent management processes. Why it’s Time to Refresh Your Talent Management Process. Performance Management. Learning Management.

6 Tips for Boosting Morale in the Workplace and Combat Employee Apathy


As we begin our journey into 2019, many employees across the U.S. By following these ideas, you can help improve employee engagement, communication and more. Give employees a “catch up day” Simply, there is no worse feeling than the dread you get on the last day of your long vacation, knowing that you have to go back to reality and work the next day. Spice up the way you celebrate employee accomplishments. Provide ongoing training to employees.

Supporting an Employee Wellness Program with Voluntary Benefits


A popular program, seeing its continual rise amongst employers in 2019, is the Employee Wellness Program. However, employers are missing out on numerous opportunities to add other voluntary benefits to enhance their wellness programs even further. Did you know that employers can offer numerous voluntary benefits to their employees at little, to no cost to themselves? What is an employee wellness program? What is usually included in an employee wellness program?

HSA vs 401k: The Benefits to Employers and Employees


Did you know that there is a rising trend within workforce benefits that includes supplementing traditional employee retirement options such as 401k, 403(b) SEP and more with a Health Savings Account (HSA)? According to Fidelity Investment Research, an HSA can add an additional $119,000 in retirement savings for employees. However, many employers and employees still do not understand the benefits of this triple-tax advantage savings plan. HSA vs 401k benefits.

3 Reasons Why Combining Voluntary Benefits with an HDHP is a Win for Brokers


It’s no secret that rising healthcare costs are taking a financial toll on both employees and employers in the United States. As employers usually pay 70 percent of total employee benefits, they are looking into alternative plans such as High Deductible Healthcare Plans (HDHPs) and numerous available voluntary benefits to help offset these ascending costs. Doing so can help them keep or even increase the overall coverage provided to their employees.

How to Make the Recruitment Process More Streamlined and Efficient


Their reporting efforts aren’t meeting compliance. To improve the recruitment process, employers should be integrating their processes with automated talent management modules, while also combining the following tips with their overall strategy. Refining it can make all the difference in selecting the right employee, and weeding out the candidates that aren’t right for the position. Excellent benefits packages. Offer an excellent employee referral program.

10 Must Haves for HR SaaS


Software as a Service (SaaS) is the term used for software that’s delivered and used entirely online or in the cloud, meaning that no software is actually installed on employees’ hard drives. More and more businesses are turning to cloud-based solutions to manage their workflows, run accounting and control their supply chains, often as part of a larger enterprise resources planning (ERP) solution. Benefits Administration. Compliance. Employee Self Service.

TECH+ 2021: Executive Summary


As always, TECH+ brought together benefits brokers, financial advisors and HR consultants for two days of learning, insights and strategies designed to improve business development and client retention. 55% focused on improving employee satisfaction and engagement.

Voluntary Benefits: An Essential Guide for Employers and Brokers


Because of these trending issues, employers are looking into ways on how they can attract, attain, and retain top talent for their organization by revamping their overall benefits offerings for employees. This can often include implementing a comprehensive voluntary benefits package. After all, aside from the pay, an employer’s benefits program is typically evaluated and scrutinized the most by potential employees deciding whether or not they want to accept a job with them.

What is a PEO?


Are you bogged down by employee paperwork? Or maybe, attracting and retaining good employees is a constant struggle because your benefits aren’t up to par. These organizations can work with your company to provide comprehensive and affordable payroll, benefits and human resource services through a business-to-business relationship called “co-employment.” This way you can spend less time managing various vendor relationships.

Which Talent Software Features Do You Really Need?


It always drives me nuts when talent management software companies talk up certain features of their products that aren’t actually special. It’s just that the language used by some software vendors can lead a customer who is hasn’t shopped for talent management software before to believe that really standard packages are worth big ticket prices. What is talent management software? Talent management software” is a pretty broad heading.

HR TechStack – Workforce Management


Workforce Management Software Definition. Workforce Management software helps organizations plan, manage, and track employee work, including labor requirements, employee schedules, and paid time off (PTO). Workforce management platforms offer a variety of features that enable users to optimize workforce efforts. Help administrators manage employee schedules, PTO, and leave requests. Track employee attendance and workforce competencies.