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.

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Employee Benefits for Boomers, Gen X, Millennials, and Gen Z Explained

Career Metis

It encompasses understanding your employees—knowing their generational diversity , what motivates them, and rewarding them accordingly. Today, the workplace has changed dramatically and those rewards might not hold much meaning to the modern employee. Financial Benefits.

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.

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? .

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.

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.

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

Advos

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.

Which Job Perks Do Employees Value?

HR Digest

Amazon, Costco and Walmart, have bumped paychecks, Glassdoor’s Employment Confidence Survey found that 4 in 5 employees would choose additional benefits over a pay raise. Such benefits can be an excellent way to retain top talent, and attract the cream of the crop.

Separating Extravagant Perks from Those that Yield High ROIs

HR Daily Advisor

Many employers think that they need to offer things like table tennis in large and custom-designed breakrooms, organic juice bars, bring-your-dog-to-work days, and free lunch every other day—especially when it comes to hiring younger employees—to retain employees and keep them happy.

How is Total Rewards Affected by Different Generations?

HRsoft

While generational diversity hasn’t directly impacted external position equity, it has caused some employers to rely more on internal position equity to value jobs. After the recession in 2008, many organizations developed “hybrid jobs” and began creating positions around employees.

Millennials in the workplace: How to manage and engage them

Workable

workforce , and that segment of the workforce will keep rising as previous generations slowly retire – in fact, they’re projected to make up 35 percent of the global workforce by 2020. A good management strategy will help you engage and retain all employees.

A FOMO Guide to How Groovy Companies Can Attract a Multigenerational Workforce

Linkedin Talent Blog

Forward-looking companies have cultivated the possibilities of cross-generational teams with their different skills and perspectives by creating reciprocal mentorship programs , in which younger employees and their more experienced colleagues share their specialized knowledge with one another.

The World of Benefits

HRO Today

Organizations are expanding the scope of their benefits offerings to attract and retain top talent. Faced with increased competition for talent and a diverse labor pool, organizations are pressured to provide benefits programs that meet the needs of all their workers.

Recruiting Trends 2020 Report: Predictions for the Year Ahead

Yello

Recruitment automation, artificial intelligence , interactive training, predictive reporting, employee turnover, chatbots, employee engagement and performance are just some of the areas companies are processing and using data to improve. Diverse companies produce 19% more revenue.

Lincoln Financial Group’s New Technology Offering Delivers Improved Experience For Employees and Less Administrative Burden For Employers

PlanSource

Partnership with PlanSource Demonstrates Group Benefits Business’ Commitment to the Customer and Innovation. PlanSource delivers a modernized shopping experience for benefits, offering enhanced educational materials to help employees better understand the benefits offered.

A Guide for the Ages: What You Need to Know to Attract a Multigenerational Workforce

Linkedin Talent Blog

Forward-looking companies have cultivated the possibilities of cross-generational teams with their different skills and perspectives by creating reciprocal mentorship programs , in which younger employees and their more experienced colleagues share their specialized knowledge with one another.

The Source: Weekly Roundup – June 10th, 2019

PlanSource

Welcome to The Source, your one-stop-shop for the latest and greatest HR and benefits news. Our weekly publication highlights this week’s top stories in human resources, benefits administration, insurance, legislation and more to make sure you can stay on top of industry trends and changes.

Hot in HR: Are They Students, or Are They Employees? Bay Area Start-Ups Find Low-Cost Outposts

Advos

Weekly summary of mergers, acquisitions, funding and partnership news from the HR technology, recruitment, talent management and employee benefits space. Or are they employees? NLRB rules that graduate students are employees – Washington Post. Are They Students, or Employees?; Indirect compensation : Compensation that is not paid directly to an employee and is calculated in addition to base salary and incentive pay (i.e.,

Is Your Employee Doing Side Work?

Best Money Moves

Is your employee doing side work? Employees work side hustles to earn extra income in their off-time and these are the types of side jobs they’re taking on. Is Your Employee Doing Side Work? Are your employees doing side work? What Work Is Your Employee Doing On the Side?

The Source: Weekly Roundup – February 4th, 2019

PlanSource

Welcome to The Source, your one-stop-shop for the latest and greatest HR and benefits news. Our weekly publication highlights this week’s top stories in human resources, benefits administration, insurance, legislation and more to make sure you can stay on top of industry trends and changes.

M&A Friday! This Week’s HR Deals and Trending #HotInHR News

Advos

Our weekly recap of fundings, mergers & acquisition, partnership and other interesting news from the human resource, recruitment and employee benefits marketplace. Employee Recognition and Rewards Program Bonusly Secures $1.5M

Solo or Symphony?

Bersin with Deloitte

Too often, the types and variety of rewards offered by an organization, from the typical pay/insurance/retirement offerings to more novel offerings, have been based on industry benchmarks or even whatever perk might be in fashion. Do your C-suite leaders have the same view of your workforce?

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How Financial Benefits Lead to Employee Happiness

Winston Benefits

Employers can play an important role in shoring up employee confidence, financial security and overall happiness. A Mercer survey of 7,000 adults and 600 senior leaders in 12 countries revealed that as employees expect to live and work longer, they want employers to work with them in re-examining what retirement will look like — and how best to prepare. Help Employees Plan for Retirement. financial benefits

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

How to Address Multigenerational Needs for Disability Management

HR Daily Advisor

Today’s workforce, composed of four generations of employees, is potentially more diverse in age than ever before. Because of this, employee needs are evolving, and many organizations are finding that a one-size-fits-all approach to employee benefits no longer works.

M&A Friday! This Week’s HR Deals

Advos

Our weekly recap of funding, mergers & acquisition, and partnership news from the human resource, recruitment and employee benefits marketplace is below. Partners Group to acquire KRG, a provider of Financial Products for People Near Retirement. Happy Friday.

Rethinking Benefits Packages to Attract and Retain Healthcare Talent

Precheck

Rethinking Benefits Packages to Attract and Retain Healthcare Talent Oct. While there are many different ways to approach talent acquisition and retention in healthcare, one area that can be overlooked is the role of the benefits package. Key Generational Differences on Health Benefits.

The Business Case For Billing Reconciliation Outsourcing

PlanSource

Offering and managing employee benefits is an essential part of an HR manager’s job. The choice to offer benefits demonstrates a long-term investment in your workforce and provides a crucial service that your employees and their families may not be able to afford on their own.

HSA vs. health care FSA: Which is better for you and your employees?

Insperity

How do you know if one is a better option than the other for you and your employees? An HSA is a type of individual savings account typically established at a bank, similar to a college or retirement fund. Withdrawals for non-eligible expenses are allowed, but taxed and subject to a 20-percent penalty, until the employee reaches age 65. At that point, employees can withdraw funds for any reason without penalty. There is one significant downside for employees, however.

What is ERISA?

HR Daily Advisor

ERISA stands for the Employee Retirement Income Security Act of 1974. In short, this is the federal law that creates standards for retirement, health, and pension plans. The Act advises when employees must be allowed to join the plan. It regulates how benefits accrue.

6 Best Places to Work and What Makes Them Special

Vantage Circle

But the one basic thing which is common among them is that they take utmost care of their employees. Now employees value dignity, appreciation, and rewards much more than their salary. And delivering the same in a correct way is the key to success for both the company and the employees.

New Report Offers Perspectives on 21 Topics to Help Organizations Become Destination Employers

HR Daily Advisor

Employers need to plan for more change affecting their compensation and benefit programs as competition for talent intensifies across global borders and the U.S. Ziebell, President, Employee Benefits Consulting and Brokerage. The Workplace Costs of Employee Financial Stress.

ERIP Basics

HR Daily Advisor

ERIP stands for Early Retirement Incentive Plan. An ERIP essentially provides an incentive for eligible employees to voluntarily retire early, as the name implies. This type of arrangement can allow employees nearing retirement to voluntarily retire early.