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. .

Top Employee Benefits & Compensation Ideas for a Diverse Workforce

Vantage Circle

Employees are a company’s most valuable asset. So, what are you doing to appreciate your employees? Employees love benefits. Not to forget that many employees apply for organizations depending on the perks and benefits offered by that company.

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.

5 Incredibly Easy Ways to Increase Workplace Diversity This Year

Brazen HR

Workplace diversity. More and more businesses are becoming savvy to the idea that diversity in the workplace is a positive business strategy. Adopting diversity within the recruitment process is the first step an organization can take to develop their workplace. Innovation.

2019 Benefits Trends: Employee Benefits

PlanSource

Are you curious about what’s on the horizon for benefits administration in 2019? If so, we’ve got everything you need to know in our annual Benefits Trends report. In part 1 of our 3 part series, we’ll cover everything you need to know about employee benefits trends for 2019.

Improve Turnover with Employee Benefits

Paycor

Diverse benefits plans are widely seen as one of the most important tools employers can offer to attract top talent—but companies shouldn’t ignore the impact benefits can have on retention. Specifically, organizations offering six benefit plan types saw turnover improve 138%.

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.

Unique Employee Benefits

HR Daily Advisor

These are all fairly standard benefits to offer, and most employers do exactly that—at least for full-time employees. But, what about some of the lesser-known or less frequently offered benefits? Let’s take a look at some employee benefits you might not have considered.

‘Paw-ternity’ Leave: The Next Trend in Employee Benefits?

HR Daily Advisor

While companies like Facebook and Apple ® are offering to freeze its female employees’ eggs as a way to recruit more diverse talent, other companies are jumping on the crazy train and offering even weirder workplace perks. The benefits of pets in the workplace are widely recognised.

People-centric analytics: how can employees benefit from data analysis?

Analytics in HR

But what if the employees could also use and benefit from the insights and outcomes of People Analytics practices? The researchers found that training the employees of a shop has a positive impact on the financial performance of that particular shop.

Top 10 Benefits of Diversity in the Workplace (Infographics)

CuteHR

Embracing diversity in the workplace is an essential ingredient for a business that wants to be competitive on the intentional scale. Many companies are making an effort to achieve diversity in the workplace. Diversity enables them to attract the best talents into their human resources.

Beyond the Hire: Benefit Strategies to Retain a Diverse Workforce

Benefitfocus

Workforce diversity can work in your favor if you offer the right employee benefits. Learn how

5 Steps to a Highly Effective Employee Benefits Strategy

Paycor

Companies that offer strategic benefits perform 24% better than ones that don’t, recruit 8% more effectively and are 17% more likely to retain employees. But selecting the right benefits mix isn’t “cut and paste” – there’s no one-size-fits-all solve.

What Employee Benefits Are Required by Law?

HR Daily Advisor

When it comes to employee benefits, surprisingly few are required by law in the United States. That said, there are some benefits—mostly behind the scenes—that are mandated under U.S. law and are provided to employees, even if not all employees end up taking advantage.

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

Unlock the True Power of Employee Benefits

Paycor

Organizations that view their benefits packages solely as a cost of doing business are missing out on a true competitive advantage. As Paycor found from client data, one-on-one interviews and user groups used to create the HR Center of Excellence, high-performing HR teams recognize the critical role a diverse and competitive benefits package has on recruiting and retaining top talent.

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

InfinityHR

It’s becoming more apparent that the opportunity share for benefits brokers is rising year-over-year. 5 Shocking Employee Benefits Statistics. 12% of businesses are happy with current levels of employee engagement. Voluntary Benefits Administration Software.

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

InfinityHR

It’s becoming more apparent that the opportunity share for benefits brokers is rising year-over-year. 5 Shocking Employee Benefits Statistics. 12% of businesses are happy with current levels of employee engagement. Voluntary Benefits Administration Software.

What You Need to Know About the Latest Employee Benefits Research

Winston Benefits

Improving your company’s approach to employee benefits can be a challenge. In the ever-evolving benefits landscape, regulatory policies, budgets and employee demographics are just a few routinely shifting factors. Hub International’s Employee Benefits Barometer 2018 , which surveyed 337 employee benefits professionals from organizations with 50 to 1,000 employees, provides perspective on how employee benefits professionals are navigating these changes and challenges.

Today’s Generation is Changing Employee Benefit Packages of the Future

HR Daily Advisor

The shift in priorities of today’s workforce requires employers to change their approach to benefit offerings, and while some benefits are “evergreen”—such as good health care coverage—there are other creative ways to attract and connect with people facing today’s economic challenges.

Employee Benefits Benchmarking: Choosing the Right Plan Types

Zenefits

The March 2017 Zenefits Small Business Benefits Benchmark Report is now available. Greater Plan Diversity on the Rise. In some cases, employees are pushing employers to offer greater plan diversity in order to accommodate different healthcare needs. Zenefits Benefits

#HotInHR: Obsessing over Performance Data, Should Diversity Training be Optional?

HRmarketer

DiversityInc: Starbucks’ Optional Diversity Training Empowers People like Roseanne. Clearly communicated policies and values build corporate diversity success — treating people right is not an option for a well-run company. Here’s What These Employees Thought (Time). HotInHR: Obsessing over Performance Data, Should Diversity Training be Optional? ABC News: Walmart offers employees new perk: cheap access to college .

#WorkTrends Recap: Diversity Supports an Inclusive Workplace Culture

TalentCulture

There is a lot of talk in human resources circles about diversity and inclusion, but what does diversity and inclusion really mean in the workplace? Diversity helps businesses fulfill their full potential in the workforce as well as on the balance sheet.

#WorkTrends Preview: Diversity Supports an Inclusive Workplace Culture

TalentCulture

What do “diversity and inclusion” mean in the workplace? As a McKinsey report wrote, companies with diverse executive boards have higher earnings and better returns on equity. Diversity doesn’t just matter on the executive board, though– it matters organization-wide.

Better Benefits Planning with Voya Employee Benefits and Voluntary Insurance Options

PlanSource

As the cost of health care continues to rise, employers are looking for affordable ways to help employees complement traditional benefits offerings. How can you, as an employer, offer comprehensive benefits while keeping an eye on the bottom line? Enter – voluntary insurance benefits. Employee-paid benefits, supplemental insurance and voluntary benefits – these products may have different names, but the concept is the same across the board.

#HotInHR: No paid sick leave worsens flu season. IBM sues former chief diversity officer.

HRmarketer

IBM and Microsoft battle over top workplace diversity exec – Money.CNN. IBM is suing to stop its chief diversity officer from moving to Microsoft, a suit that demonstrates how critical and hard it is for tech giants to improve the diversity of their work forces. IBM sues former chief diversity officer. SickLeave #Diversity Click To Tweet. Learn more at the G lossary of HR and Employee Benefit Terms. IBM sues former chief diversity officer.

#HotInHR: The Silence Breakers, Rethink Your Diversity Program With This Chart, Best Places to Work in 2018

HRmarketer

HotInHR: The Silence Breakers, Rethink Diversity Program With This Chart, Best Places to Work in 2018. This Simple Chart Will Get You To Rethink Your Diversity Program (FC) . As someone who develops programming to foster more inclusive workplaces, the biggest challenge I face (and I know I’m not alone in this) is tailoring conversations about diversity and inclusion to everybody in the room. RELATED: 50 Best Workplaces for Diversity (Fortune).

#HotInHR: Why Open Source HR, Importance of Cognitive Diversity, Choosing Conferences Worth Your Time

HRmarketer

Every Monday we send a summary of the previous week’s funding announcements, mergers, acquisitions, and partnership news from the HR technology, recruitment, talent management and employee benefits space. HotInHR: Why Open Source HR, Importance of Cognitive Diversity, Choosing Conferences Worth Your… Click To Tweet. Ethical Decision Training; Importance of Cognitive Diversity). Tags: Diversity, Teams. Sign-Up For Our Weekly Recap Of HR Funding News.

#HotInHR: 5 Jobs Robots Will Take First, Banking Industry Addresses Diversity, Scraping By on Six Figures?

HRmarketer

Every Monday we send a summary of the previous week’s funding announcements, mergers, acquisitions, and partnership news from the HR technology, recruitment, talent management and employee benefits space. Banking Industry Addresses Diversity, Adding Women to Boards – NYT. Banking and capital markets, often viewed as dominated by men, achieved high scores in a newly released survey measuring the diversity in their director ranks. Diversity… Click To Tweet.

#HotInHR: Improving Diversity Rates @Pinterest, Where Are All the Men in HR? Intern Takes Over Railroad’s Twitter

HRmarketer

What We Learned from Improving Diversity Rates at Pinterest – HBR. In today’s workplace, diversity is more than just a buzzword; it’s a way to build a stronger business. Related: When Companies Get Serious About Diversity, They Call Her- Wired. HotInHR: What We Learned from Improving Diversity Rates at Pinterest, Where are all the men in HR?… How Tech Employees Really Feel About Their Bosses. Learn more at the G lossary of HR and Employee Benefit Terms.

Where Do Employees Get Their Kix?

HR Daily Advisor

Labor Day could be called the first widely provided employee perk. Since then, study after study has tried to determine what makes employees happy. If we add workplace laundries, haircuts, massages, spas, concerts, and free food, employees never have to leave the workplace.

Why it’s Time to Diversify Your Approach to Employee Benefits

Paychex

Companies are increasingly offering employees a wider range of benefits. With rising healthcare costs and increasingly diverse employee population, successful businesses are rethinking their approach to business.

#HotInHR: Why Didn’t HR Stop Harvey Weinstein, New Industry Emerges from Diversity Failures, Google Invest $1B in American Workers

HRmarketer

Out of corporate America’s diversity failures, a new industry is emerging (Quartz). HotInHR: Why Didn't HR Stop Harvey Weinstein, New Industry Emerges from Diversity Failures, Google… Click To Tweet. Peer appraisal: A performance assessment given by an employee’s peers who have observed the employee’s job performance. Learn more at the G lossary of HR and Employee Benefit Terms. Tags: Diversity, Hiring.

#HotInHR: Uber’s Unrestrained Workplace Culture, Attracting/Hiring Diverse, Hardworking Millennials

HRmarketer

Every Monday we send a summary of the previous week’s funding announcements, mergers, acquisitions, and partnership news from the HR technology, recruitment, talent management and employee benefits space. Uber’s focus on pushing for the best result has also fueled what current and former Uber employees describe as a Hobbesian environment at the company, in which workers are sometimes pitted against one another and where a blind eye is turned to infractions from top performers.

The Unintended Negative Effects of Diversity and Inclusion Training (And How to Avoid Them)

Zenefits

Inclusion and diversity are watchwords for almost every company in America. Unless you are a sole proprietor, chances are you’re going to have some diversity in your company, whether by gender, race, religion or other categories. Training employees to be more inclusive has been going on for decades, as workforces have become more diverse. The Case for Diversity and Inclusion Training. When Diversity and Inclusion Training Goes Wrong.