A New Employee Benefit: Social Justice PTO

HR Bartender

At this year’s WorkHuman Conference , pioneered by Globoforce, I learned about a new employee benefit called social justice PTO. Instead of employees having vacation days, sick days, etc., Some organizations are allowing employees to use their existing PTO banks for social justice activities, but others have created more specific policies. Here are a few articles worth checking out: Could “Social Justice Benefits” Be the Newest Employment Trend?

Employee Benefits: The Only Guide You Need

Achievers - Recruiting

The term “employee benefits” is used regularly, but often with a limited, traditional definition in mind. The traditional concept refers to legally mandated benefits plus a few voluntarily added by employers. With a new generation of employees, soon to become the majority of the workforce, and a competitive, global labor market, comes new workforce needs and expectations. What are employee benefits? . What are benefits that are voluntary?

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3 Reasons to Boost Your Employee Benefits Offerings in 2020

Achievers - Recruiting

“I don’t really care about my employee benefits,” said no employee ever. When it comes to employee benefits, if your business can offer it, employees want it. Here are three reasons to introduce better employee benefits as soon as the clock strikes 12.

Top 10 Employee Benefits for 2020

Best Money Moves

Top 10 employee benefits for 2020. HR trends forecast the most desired employee benefits for 2020 like pet perks, flex work and financial wellness programs. It’s time to start building your organization’s employee benefits for 2020. . Companies can reduce turnover by nearly 140 percent with the right mix of benefits, according to research from Paycor. Here is our list of the top 10 employee benefits for 2020: Top 10 Employee Benefits for 2020. #10

How to Leverage Data to Better Your Employees' Health Benefits Selection

Speaker: Darrell Moon, CEO, Orriant

We need to shift away from the focus on purchasing healthcare and instead, focus on how we can create health for our employees. By incorporating dashboards in our benefits selection process, we can watch for trends in benefits and leverage that data to lower costs, retain employees, and attract new talent. Join Darrell Moon, CEO of Orriant, to learn if your benefits selection is meeting your employees' needs.

The State of Employee Benefits 2021: The Story Behind the Data

Benefitfocus

The State of Employee Benefits 2021: The Story Behind the Data. carolyn.barnic…. Tue, 04/06/2021 - 15:21. All Webinar. Register. April 29, 2021. soeb.png.

Flimp Communications Launches BENEFITchoice, Personalized Employee Benefits-Assessment Tool

Flimp Communications

Helps employees prioritize and assess voluntary and supplemental benefits offered by their employer. In a year when benefit fairs are canceled, a digital solution like BENEFITchoice supplemented with educational videos, can help employees choose the best benefits to meet their needs.

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Lightening up the year-end blackout period for employee benefits

VeriCred

The fact is, most carrier systems struggle to manage coverage across plan years—regardless of the carrier’s backend data ingestion system (EDI 834, API or a custom format). Our data model has the concept of different plan years baked in.

5 Key Features of Employee Benefits Administration Software

Career Metis

In recent years, there has been a steady increase in the number of companies and other organizations that are embracing the use of benefits administration software to ensure a smooth running of operations. This type of employee benefits management has made small, medium, and large enterprises reevaluate their benefits strategies. Such benefits include insurance plans and stock options among others. What to Look for in a Benefits Administration Software?

Employee Benefits: Hot Times, Summer in the…

Employee Communications Council

Should employee benefits include summer vacation as a matter of course? The data says ‘yes.’. There are actual health benefits to kicking back and just having fun. Lolly Daskal, President of Lead From Within , identifies four health benefits linked to taking time off in an article for Inc. Time, once again, for employee benefits brokers to make adjustments. Still more American employees don’t take their full allotted vacation time.

Survey: Employers See Value In Integrated Employee Benefits

Wellable

Every two years, Anthem publishes their Integrated Health Care Report , which explores how integrating data from medical, pharmacy, and ancillary plans can enhance population health clinical programs.

Simplifying The Complex—5 Misunderstood Employee Benefits

PlanSource

Employee benefits are complicated, to say the least. With more options than ever before, an overwhelming amount of information and confusing HR lingo, it’s no surprise that 50% of employees don’t understand their benefits. But what’s missing the mark for employees? We’ve got the scoop on five of the most misunderstood employee benefits and several tips to help bridge the gaps in education. Access FREE materials in our benefits video library.

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.

The True Cost of Employee Benefits Packages

Zenefits

The decision to bring on a new employee is not one that should be taken lightly, as each new team member affects the culture of your small business as well as your financials. The national average of employee benefits cost. Fluctuating benefits status.

6 Employee Benefits That Will Drive Engagement In 2020

PlanSource

You’d be hard-pressed to find an owner or manager that doesn’t recognize the importance of employee engagement. It’s a fact: The more actively engaged your employees are in their work, the more productive they’ll be. 5 Best Practices for Selecting Employee Benefits .

3 Employee Benefits Startups To Watch in 2020

PlanSource

2019 was an exciting year in employee benefits. We also watched several employee benefits startups emerge and mature as companies begin to look for creative ways to diversify benefits and elevate the employee experience. .

Data From EBRI Survey Reveals Trends in Employee Benefits

Extensis

A new report from the Employee Benefit Research Institute (EBRI), conducted with Greenwald & Associates, explored employee benefits and the trends that are currently impacting them. The results showed just how crucial a role they play for employers and employees

The 80% Blind Spot: Are You Ignoring Most of Your Organization’s Data?

Ultimate Software

Decision-makers love data. In fact, in the sixth annual “ Big Data Executive Survey ” representing senior executives from 57 large corporations, 99% of responders reported transitioning to a more data-driven culture and a full 97.2% had invested in Big Data and AI initiatives. Yet only one-third considered themselves successful in developing a data-driven organization, a disconnect that’s been apparent since the first survey in 2012.

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10 Employee Benefits To Support Mental Health

PlanSource

Mental health data can be the most difficult to track, and for that reason many employers may have a hidden problem with mental health in their workforce. 1 in every 5 Americans has a mental health condition, and there’s no better time than Mental Health Awareness Month to evaluate your benefits package and ensure that it supports employees holistically. Open enrollment will be here before you know it , so now is the time to refresh your benefits strategy!

3 Employee Benefits Trends Driving Change In 2020

PlanSource

2019 was a busy year in human resources and employee benefits. Several states issued new laws that expanded regulation on everything from parental leave to classifying contracted employees. Here’s a quick breakdown of the top benefits trends for 2020. .

Benchmarking and Surveys Gauge if Employee Benefits are on Target

Corporate Synergies

What kind of health and welfare benefits attract and retain employees? With unemployment at a 50-year low, health and welfare benefits have become a big differentiator for employers, which means they need to be competitive to attract and retain employees. 1 What are competitive employee benefits? It’s no longer affordable to offer “Cadillac” plans with low employee contributions. What do your employees want? Employee premium cost.

Choosing the Best Employee Benefits Technology Provider: A Checklist

Zenefits

You know the consequences of outdated employee benefits systems , and are ready to invest in modern technology. But with so many benefits administration technology vendors out there, how do you choose the right one? Assess your benefits technology needs.

How Do Employees Benefit from Nurse Triage? Data from Our Center

Continuwell

Companies today are paying close attention to the healthcare resources they make available to employees. These nurses also triage employees to determine what level of care is needed to treat their symptoms. We first looked at the data results from callers who were not planning to go to the ER to understand how apt people are in determining if they are having a serious symptom. The post How Do Employees Benefit from Nurse Triage?

Employee benefits: A guide on common and best benefits

Workable

Employee benefits have become an essential part of any competitive compensation package. From law-mandated insurance to free snacks, benefits and perks can play a big role in talent attraction and employee retention. Before we get into the nitty-gritty of employee benefits (or fringe benefits), let’s define the term: Employee benefits are any kind of tangible or intangible compensation given to employees apart from base wages or base salaries.

10 Employee Benefits Stats You Can’t Ignore In 2020

PlanSource

A quick internet search will yield plenty of results for searchers seeking up-to-date facts and statistics about the current state of employee benefits. We’ve cut through the noise with 10 thought-provoking employee benefits stats to consider for your 2020 planning. 43% of employers increased benefits in 2019 in order to stay competitive in attracting and retaining talent. When’s the last time you evaluated and revamped your employee benefits?

Student Loan Repayment 101: The Lowdown on 2020’s Hottest Employee Benefit

PlanSource

Chances are, you’ve probably heard about student loan repayment as an employee benefit. While innovative, student loan debt repayment as an employee benefit might not make sense for every employer. — What is Student Loan Repayment as an Employee Benefits? .

10 Employee Benefits For Better Mental Health

PlanSource

Mental health data can be the most difficult to track, and for that reason many employers may have a hidden problem with mental health in their workforce. 1 in every 5 Americans has a mental health condition, and there’s no better time than Mental Health Awareness Month to evaluate your benefits package and ensure that it supports employees holistically. Open enrollment will be here before you know it , so now is the time to refresh your benefits strategy!

How To Prevent Bad Employee Benefits Decisions

PlanSource

It’s no secret that employee benefits are one of the largest items on a company’s balance sheet. In fact, 2016 data reports that 7.5% of a company’s operating budget, on average, is spent on providing health care benefits. There’s a fine line to walk between offering appealing employee perks to remain competitive and keeping company costs in check. Help employees make better benefits decisions. Employee Communication.

The State of Employee Benefits – #SHRM17

Robin Schooling

In conjunction with the SHRM 2017 Annual Conference and Exposition, SHRM released their 2017 Employee Benefits report (you can download the report here ). There’s lots of interesting information and data; one key finding is that organizations that added to their benefits offerings were most likely to do so in the wellness and health-related benefits areas. The new data show that: 95% of organizations provide health care coverage for same-sex spouses.

3 Ways to Better Manage Employee Benefits

Namely

As a benefits professional, I frequently stumble across industry studies and insights that emphasize the critical role of employee benefits in the workplace. Whether the suggested strategies center on offering more affordable benefits or more variety, they all lead back to the overall impact of employee benefits on recruiting, retention, and satisfaction. And yes, they need a system to make benefits management easy. Benefits

Combating the Substance Abuse Epidemic Through Employee Benefit Programs

HR Daily Advisor

In addition to the damage addiction causes individuals and their families, the estimated economic costs of employee substance abuse—a staggering $442 billion in annual losses due to decreased worker attendance, lower productivity, and poor health—have grown into a financial leviathan for employers. An employee assistance program (EAP) is a non-major-medical plan that provides a wide variety of services, including (in most cases) assistance with alcohol and substance abuse.

Why You Need a Seamless Hiring, Payroll and Employee Benefits Platform

Hireology

The more time HR leaders spend on manual tasks, the longer it takes to move forward with hiring steps and get back to current employees who have HR-related issues or questions. Ultimately, this leads to both a frustrating candidate and employee experience. . To cut back on administrative tasks, your team can partner with a seamless hiring, payroll and employee benefits platform, which can make HR processes more efficient, saving your team time and money.

Creating the “Urgent Care First” Mindset for Employee Benefits

Corporate Synergies

Adopting an urgent care first mentality can help employees and employers control healthcare costs. That’s why it’s important to guide employees to adopt an “urgent care first” mentality. Still, when a severe sore throat and high fever strike on a weekend and the doctor’s office is closed, employees may gravitate to the ER because they’re sick and need help right now. Avoiding the ER for non-emergency treatment requires the employee to consider urgent care first.

Understanding the Basics of Payroll, Compensation and Employee Benefits

StarGarden

Payroll, Compensation and Employee Benefits are among the foundational building blocks within an organization to support your human resources - the people that work for you. Your use of reliable data from those areas is key to supporting informed decisions and becoming a world class organization. Benefits Benefits;/Payroll Compensation /HCM HR data Payroll

SHRM Survey Highlights The Latest Employee Benefits Trends

Extensis

SHRM releases their 2019 Employee Benefits Survey results recently which revealed some trends and data, such as the the most increased benefits

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Employee Benefits FAQs—50+ Questions and How to Answer Them

PlanSource

If there’s one universal truth about employee benefits, it’s this: they are complicated. . For employers, benefits are quite complex to administer and manage and difficult to communicate. For employees, benefits are difficult to understand and actually use—and the data supports this assumption. . Half of employees (49%) say making health insurance decisions is always very stressful for them. Q: What types of employee benefits am I eligible for?

3 emerging technologies HR should pay attention to next year

HRExecutive

This year has brought HR a host of unprecedented issues to navigate: employee safety concerns, engagement in a newly remote world , legal considerations and even the reshaping of the HR role itself. Pryor: There’s plenty of data.