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3 Reasons to Boost Your Employee Benefits Offerings in 2020

Achievers

“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.

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? .

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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?

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. Open enrollment will be here before you know it , so now is the time to refresh your benefits strategy!

Boost Employee Engagement and Loyalty with Financial Wellness

Best Money Moves

In this week’s Best Money Moves roundup, we take a look at news stories and new research studies that may impact employee benefits and HR issues. A whopping 84 percent of employees say financial wellness programs are the workplace benefit they need the most.

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. Why do employers offer benefits to employees?

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. .

Driving Employee Engagement: 4 Criteria to Look for in a Payroll and HR System

Hireology

Your team likely puts a lot of effort into keeping candidates engaged throughout the hiring process but it’s just as important to support employee engagement post-hire. Most employees spend the majority of their first day filling out administrative paperwork.

A Full Guide to Compensation and Benefits

Digital HR Tech

Compensation and benefits refer to the benefits a firm provides to its employees in exchange for their labor. Compensation and benefits are thus a key part of Human Resource Management. In this article, we will provide you with a full guide about compensation and benefits.

Recruiting Success: Try a Student Loan Benefit Program

HR Bartender

(Editor’s Note: Today’s post is brought to you by EdAssist, one of the pioneers in providing education assistance programs that drive employee growth, retention, and engagement. In his comments, he mentioned a new trend in employee benefits: student loan benefit programs.

Attract And Manage Top Talent In Your Small Business

SuccessFactors

For a small business owner, attracting and managing these vital employees can be a source of high anxiety. Stand out with your benefit offerings. Implement a bonus structure in addition to annual compensation to attract and incentive your employees. Improve employee engagement.

Supporting The Growing World Of Independent Contractors: Standard Components of All Future Careers

SuccessFactors

The range of socially and professionally acceptable work options has expanded substantially, with win-wins for both parties, as workers gain flexibility and corporations benefit from focused resources fulfilling targeted needs.

10 ways to improve employee experience at your company

Qualtrics HR

Companies today can’t get by with just offering basic benefits like PTO and health insurance, they must go above and beyond and provide employees with an exemplary experience in the workplace. In fact, companies with high employee engagement pull in 2.5

eBook 60

How to Retain Young Talent in a Job-Hopping Culture

ACI Specialty Benefits

There used to be an unspoken social contract between employers and employees. These changing values are reflected in the job-hopping culture of Generation Z (Gen Z) employees. This kind of turnover comes with a cost: Companies lose time, money, and business with each lost employee.

3 Financial Wellness Benefits Employees Can’t Live Without In 2019

PlanSource

Though this may seem like old news, and the country may seem well on its way to recovery, millions of Americans (and many of your employees) are still feeling the effect of this economic disaster in one way or another. Help alleviate this concern by offering low-interest loans to employees.

Top 7 HR Challenges In 2018

Empxtrack

Human Resource professionals wear many hats and manage a variety of responsibilities – from recruitment to retirement. Managing Employee Benefits. Since years, Paid Vacation Time, Affordable Care Act, 401k plans, Health Insurance and other benefits have been a pain point for HR. 23% of HR leaders believe that managing employee benefits is the most difficult part of their job. Employee Retention. Implementing Data Analytics.

Everything You Need To Know About Employee Motivation

Vantage Circle

Employee Motivation is crucial to your organisation. Employee Motivation can be defined as the attitude employees have towards their work. The Importance of Employee Motivation. Employee motivation is important to your company. What Drives Employee Motivation ?

Top 7 HR Challenges In 2018

Empxtrack

Human Resource professionals wear many hats and manage a variety of responsibilities – from recruitment to retirement. Managing Employee Benefits. Since years, Paid Vacation Time, Affordable Care Act, 401k plans, Health Insurance and other benefits have been a pain point for HR. 23% of HR leaders believe that managing employee benefits is the most difficult part of their job. Employee Retention. Implementing Data Analytics.

The Advantages of Using Cloud Based HR Software for your Business

Mitrefinch

In the past, human resource departments were probably characterized by stacks of dusty folders where human resource policies, employee reviews, codes of conduct, and other strategic documents were stored. Generation Z, widely considered to be the first “digital native” generation, will only further benefit from digital HR as they begin to enter the workforce in massive numbers in the coming years. Some Potential Benefits/Advantages with Digital HR.

Breaking Borders: 5 Ways Analytics Can Help Drive ROI of Global Benefits

HR Daily Advisor

While analytics have become popular in the world of HR, the ability to analyze and gain actionable insights into global benefits and reward data has remained largely unexplored. Gain control of global benefits spend. Understand the benefits employees actually value.

The Benefits and Perks Your Company Should Be Offering

Bonusly

Employee experience matters. We focus so much of our attention on business outcomes and customers that often our employee experience is lacking without us realizing it. Are we giving them the benefits and perks that matter to them? Benefits vs. perks. Employees want perks.

Recruiting Trends 2020 Report: Predictions for the Year Ahead

Yello

HR teams will become data analysts. Making data-driven decisions is paramount for recruiters who want to become more efficient at communicating with candidates and finding the right fit for open roles. “Worktirement” will replace retirement.

5 Key Elements to Look for in a Payroll Platform

Hireology

Not only can the right payroll platform help your team stay organized, but from an employee engagement perspective, it can help make the transition from candidate to new hire seamless. .

5 Key Elements to Look for in a Payroll Platform

Hireology

Not only can the right payroll platform help your team stay organized, but from an employee engagement perspective, it can help make the transition from candidate to new hire seamless. .

HR Can be Dangerous with the Right Technology!

PeopleStrategy

That is a lot, especially when your job requirements also include making sure day-to-day employee management tasks (i.e. onboarding, payroll, benefits administration, time and attendance, performance) are completed accurately and on time. HR is under a lot of pressure these days.

Millennial Financial Stress Statistics 2019

Best Money Moves

Based on the most recent data, Millennials are now the largest generation in the workforce , surpassing both Baby Boomers and Generation X. Burdened with student loan debt, high costs of living and savings struggles, Millennials are also some of the most financially stressed employees.

Whole-Self Benefits

HRO Today

A holistic benefits plan is at the top of the wish list for today’s employees—here’s how to create one that stands out. Employees across all generations are electronically tied to the office and have the ability to work outside of traditional hours. Talk to employees. “As

Top M&A News in the HR, Recruiting and Benefits Space | 2016

HRmarketer

M&A Announcements in the HR, Recruiting and Benefits Space | 2016. Sign-up to get our weekly recap of funding announcements, M&A and partnership news from the HR technology, recruitment, talent management and employee benefits space.

AON 88

What’s the real ROI on your benefits programs? How to find out

HR Morning

Given the ever-increasing costs of employee benefits programs — and the need to maintain them in order to attract the best talent — it only makes sense to know exactly what you’re getting for your benefits buck. Prioritizing employees’ needs.

Benefits Administration: A Guide for HR Leaders

Paycor

Why Employee Benefits Matter. Believe it or not, your benefits package can have a serious impact on your ability to recruit, engage and retain talent. job candidates say benefits are among their top considerations before accepting a job. Survey your employees.

The Top Human Resources Topics #HRtalk

HRmarketer

recruiting, talent management, benefits, etc.). In addition to streaming tweets we also, when publicly available, streamed LinkedIn and Facebook updates from this data set of active Twitter IDs. Popular topics show up a lot in analyzed data. Employee Engagement.

Who are the Best 401(k) Providers for Your Small Business?

ForUsAll

And traditionally, small business owners and their employees have gotten the short end of the stick. Focused on the unique needs of the small business market, these 401(k) providers strive to make high-quality, low-cost retirement plans accessible to all – not just Fortune 500 companies.

3 Key Challenges of Complexity Solved by Automation

Unicorn HRO

From hiring to retiring and everything in between, HR is deluged with process requirements that can be cumbersome to manage and subject to human error when done manually. Employing the appropriate technologies, such as centralized platforms, can link benefit enrollment with HR and payroll.

Benefits Packages that Motivate Employees and Attract Top Talent

InfinityHR

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. Benefits packages that motivate employees.

Rise Expands Strategy to Power Group Benefits Advisors

Rise

Rise Expands Strategy to Power Group Benefits Advisors. Hub has acquired Rise’s employee benefits practice to provide health and retirement savings advice while Rise focuses on expanding its platform.

Are Employee Compensation Statements Worthwhile?

HRsoft

Your employees know how much goes into their account on pay day, but do they really understand all of the ways in which they’re being compensated? Some compelling survey findings from the International Foundation of Employee Benefit Plans ( IFEBP ) reveal that they don’t.

Forget Happiness. Wellness Emerges as a Compensation Strategy

Compensation Today

Taylor, CPC, PHR, SHRM-CP, PayScale Senior Blogger Employee engagement has been a buzzword in the human resource world for a while. When employees are happy and engaged at work they tend to be more productive. Priorities can influence engagement efforts. Tess C.