Top 10 Employee Benefits for 2021

Best Money Moves

Top 10 employee benefits for 2021. HR trends forecast the most desired employee benefits for 2021 like financial wellness programs and flexible work arrangements. It’s time for employers to start planning their employee benefits packages for 2021.

Why Financial Wellness Is a Must-Have Employee Benefit

Best Money Moves

Why financial wellness is a must-have employee benefit. Financial wellness programs have emerged as a key employee benefit in the last few years and COVID-19 has only strengthened demand for resources that can help employees deal with their finances.

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Bersin: Why org health matters in our ‘partially open’ economy

HRExecutive

The pandemic’s continuing effects have left us with an economy that is “partially open,” ever-changing policies for vaccines and masking, and employees fatigued from remote and hybrid work, as well as staffing shortages, irate customers and caregiving worries.

Support Workers with Better Employee Benefits in 2020

Best Money Moves

Support workers with better employee benefits in 2020. Targeting the four key aspects of employee wellness to build a better employee benefits package. Support Workers with Better Employee Benefits in 2020. Mental Health Benefits.

Benefits in a Pandemic: What HR Leaders Need to Know

Building a benefits program for a diverse workforce has always been a top priority, but now it’s become both more important and complex with so much change and uncertainty. Download our latest guide that features emerging benefits employees expect in 2021 and beyond.

Employee Benefits 2021: Employer Student Loan Repayment Assistance Programs

Best Money Moves

Employee benefits 2021: student loan repayment assistance programs. Student loan benefits emerged to help employees with their share of the $1.6 They’ve been hailed as an important employee wellness initiative and as a way to attract and retain talent.

Understanding Payroll Deductions and Employee Benefits Taxes

Get Hppy

Employers have the responsibility to accurately calculate payroll deductions and pay employee benefits taxes. To ensure your business runs smoothly keeping your employees happy is one of the most important things to keep on top of. This will ultimately result in what your employees get paid as a NET wage so you need this to be right both for your employees and for the government. Who gets employee benefits? What employee benefits you cannot deduct?

Employee Benefits and Perks

Workable

Employees need to be well-informed about benefits and perks your company offers. Use this template as a guide and include it in your complete Employee Handbook. Download this template in a.doc format by clicking on the link at the bottom of this page. Contents: Employee health. Employee expenses. The post Employee Benefits and Perks appeared first on Recruiting Resources: How to Recruit and Hire Better. Employee handbook template

How to contain employee benefits costs (and why most businesses struggle)

Insperity

There’s no getting around it – employers pay a hefty sum to provide health care benefits for their employees. per hour, per employee, for health-insurance costs, according to Sept. Wondering how to contain the cost of employee benefits? Benefits and compensation

What's the Difference Between an Employee Benefit & Perk?

Justworks

Employee benefits like health insurance and 401(k) contributions should also factor into an employee's offer package. Great work perks also go beyond salary and guaranteed benefits speak to your company's culture. It’s important to know the difference between a perk and a benefit. Download our free guide here. . Employee Benefits Vs. Perks What are Benefits? Benefits are non-wage.

The HR Playbook: Reduce Turnover with Employee Benefits

Companies with the right mix of benefits saw a 138% drop in employee turnover. Learn how you can lower your employee attrition rate and retain top talent.

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. Be sure to download our full Benefits Trends Report for an in-depth look at the top 9 trends that will define this year. Benefits of Remote/Flexible Work.

12 Types of Employee Benefits every HR Practitioner Should Know (survey)

Digital HR Tech

What types of employee benefits are most appreciated among the different generations in the workplace? That’s what we’ll take a look at in this article that’s based on a recently released study on employee benefits. The study was done among more than 19,000 participants from 61 organizations and its results were published in the Employee Happiness Index 2019. Contents What are employee benefits? What are employee benefits?

Now Available for Download: HR Trends to Watch in 2018

Benify

There are many stakeholders influencing today’s HR landscape: employees, HR leaders, and the organizations they work for— plus, benefit suppliers, insurance carriers, and technology providers. Since 2004, Benify’s innovative technology has been helping companies around the world navigate the dynamic HR ecosystem to make it Great at Work for their employees. From what we have witnessed and experienced in this landscape, we predict that 2018 will be the year of the employee.

What's the Difference Between An Employee Benefit & Perk?

Justworks

Employee benefits like health insurance and 401(k) contributions, should to be factored into an employee's annual salary. But great work perks also go beyond salary and guaranteed benefits speak to your company's culture. It’s important to know the difference between a perk and a benefit. Download our free guide here. Benefits HRA compensation package from an employer is more than salary.

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. .

What Do Your Employee Benefits Say About Your Company Culture?

Hyrell

Once upon a time, the employee benefits package was (more or less) standardized. Employees were given a base salary, typically two weeks of vacation, health insurance, and a retirement plan… maybe a year end bonus (if you were lucky)… but times have changed. Companies that stick to the status quo often find that their “standard” benefits strategy won’t cut it in the competition to recruit (and retain) top talent. Values Driven Company Benefits.

Making Employee Benefits Sexy! #SHRM15

Robin Schooling

In the king-sized bed of core human resources accountabilities employee benefits nestles up alongside compensation and compliance in a ménage a trois of least sexy HR responsibilities. But let’s face it; they’re not nearly as glamorous or exciting as talent acquisition, employee engagement, or learning & development. Even the battle-weary Labor Relations folks have a rough-and-tumble image that puts them higher on the hot-meter than the majority of Benefits Managers.

Trend to Watch: The Rise of Employee Benefits

Benify

One of the trends we have identified in our 2018 HR Trends to Watch summary is that of the rise of employee benefits. More and more, benefits are being used to capture employees’ attention and reinforce the truth that employees matter. Benefits are top of mind with employees, as we have seen with our trends summary, especially those increasing financial wellness and work-life balance. Create and communicate your employee benefits strategy.

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. Check it out; this report continues to be a great resource for HR and benefit professionals.

Intoo’s 2021 Workforce Trends Report Finds Companies’ Needs and Plans Are Not Aligned in Volatile Employment Market

Intoo USA

Intoo’s 2021 Workforce Trends Report found that employee productivity, satisfaction, and engagement overwhelmingly were maintained or increased during the pandemic, largely due to more flexibility in the workplace and additional employee-focused benefits.

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Your Employee Handbook Checklist for 2020 (With Free Download!)

Zenefits

Download the Workest Employee Handbook Checklist. While the task of creating or updating an employee handbook might seem daunting for a small business (really, who has the time?), Employee handbooks put your policies in writing and outline expectations for your employees.

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

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.

3 Signs it Might Be Time to Rewrite Your Employee Benefits FAQs

Tango Health

As a benefits professional, building plans to suit your employees is only part of your job. Most weeks, you probably spend hours thinking through how to help employees understand their benefits and take advantage of the plans you’ve crafted.

Regionality of Employee Benefits: 4 Factors for Equal Healthcare

Corporate Synergies

Consider the regionality of employee benefits—participants’ equal access to quality healthcare no matter where they live and work—for a balanced plan design. Likewise, the regionality of employee benefits comes into play when it comes to healthcare access and value. The increase in mobile workforces means fully insured employers need to pay attention to where their employees live and work, from location to location. Pharmacy Benefit Costs Untenable?

List of Employee Benefits Your Company Secretly Needs (Part 2)

Careerminds

As the world of work changes, so does the need to update the list of employee benefits that companies offer to their employees. As mentioned in part 1 of this blog post on Gradvisor , “ What sets an employer apart is a great compensation package that not only covers the basics, such as healthcare and planning for retirement, but also focuses on life balance as the key benefit offered. List of Employee Benefits Your Company Secretly Needs .

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.

HR tech Number of the Week: ID theft

HRExecutive

As open enrollment season continues, employers are considering adding a new employee benefit that has grown in urgency since the hybrid workforce became a reality in the COVID-19 pandemic : identity theft protection.

4 Fun Ideas for Celebrating National Employee Benefits Day…All Week Long

Jellyvision

As you may or may not know…April 2, 2018 is National Employee Benefits Day ! If you want a great excuse to engage your employees about their benefits, consider doing just one fun, interesting thing on April 2. (Or, Or, better yet, make the executive decision to celebrate National Employee Benefits Week.). Email a short quiz about your company’s benefits to your employees and give out gift cards as prizes. Benefits Communicatio

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Employee Benefits Benchmarking: Employer Contributions

Zenefits

The March 2017 Zenefits Small Business Benefits Benchmark Report is now available. In this post, we examine the Employer Contributions section of the report: Employer-sponsored health insurance is a huge part of employee benefits and a great tool for attracting and retaining talent. M ost insurers and health plans require employers to cover portions of the single premium for the lowest cost plan, with minimum affordability rules at the employee level in certain cases.

Employee Benefits Benchmarking: Insurance Premiums

Zenefits

The March 2017 Zenefits Small Business Benefits Benchmark Report is now available. As one customer said: “Please pass along my thanks to the team that created the Benefits Benchmark Report. A quick summary of the Insurance Premiums section of the report: One area that is top of mind for both businesses and employees is the rising cost of health insurance. Another cause of some variation might be an employer’s physical location versus where the majority of the employees live.

Employee Benefits: Here’s What Top Talent Wants

Zenefits

Employee benefits have quickly become a crucial factor for people when deciding where to work. When Employees Say Jump… . Employees are behind the wheel in today’s job market, and they’re more confident than ever. As confidence among employees skyrockets, so too does the pressure on businesses to start thinking far outside the compensation box. In the pursuit of happiness, talented employees are speaking up about exactly what they want.

How Do Your Fitness Center Employee Benefits Compare to the Competition?

Hireology

With so many employment opportunities available , your fitness center needs to have a top-notch company culture and offer employees a comprehensive list of benefits to attract and hire quality talent. Below, we’ve pulled together an overview of recommended benefits you should offer your fitness center employees. Such perks will make employees more motivated to join your team and stay around long-term. Traditional Employee Benefits.

INTOO’s 2021 Workforce Trends Report Finds Companies’ Needs and Plans Are Not Aligned in Volatile Employment Market

Intoo USA

INTOO’s 2021 Workforce Trends Report found that employee productivity, satisfaction, and engagement overwhelmingly were maintained or increased during the pandemic, largely due to more flexibility in the workplace and additional employee-focused benefits.

Report 130