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?

Employee Benefits Enrollment Software: Boost 2021 ROI


Does your HR toolkit contain employee benefits enrollment software? If not, you aren’t getting the benefits of your benefits. You choose benefits packages carefully because you want to attract high performers. Increased employee turnover.


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How to Take Advantage of Employee Benefits

Get Hppy

Most workers are classified as either an independent contractor or employee. Independent contractors usually have the freedom to set their own hours and choose their own tasks whereas employees work the hours set by their employer and have little or no say in their assigned duties. Only employees, however, are eligible for benefits. Also read: 5 Benefits of Flexible Hours. Some of these benefits are required by law while others are optional.

26+ ways to boost your benefits strategy [eBook]

Reward Gateway

As an HR professional, showcasing and centralising your benefits can be a tough task. From segmenting communications to creating a top-notch content strategy, you can deliver increased employee benefits uptake and better employee engagement. In our latest eBook, we explore: Employee Benefits Employee DiscountsBut it doesn't have to be.

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


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

eBook 58

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


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.

Employee Rewards and Recognition: 10 Examples of Incentives That Don’t Work

The Incentive Solutions News blog

Employee Rewards and Recognition: 10 Incentives that Don't Work. Motivating since 1994 - Our mission is simple - to inspire growth for our clients and employees. Your incentive program must appeal to your employee’s self-interest and be deemed worthy of their extra efforts.

The Benefits of Flex Plans for Employee Group Benefits


In Canada, approximately 77 percent of employees are enrolled in traditional group benefits, with set coverage for all eligible team members. Enter the flex plan for employee group benefits, which 64 percent of employees surveyed said they’d prefer. A flex plan allows team members to select the benefits most useful to them. It’s unconventional benefits like these that the industry is veering towards.

10 ways to improve employee experience at your company


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. The employee experience is the sum of all the interactions your employees have with your company. It involves the culture, benefits, physical work environment, and tool’s you provide for employee success, and it can be linked to revenue. Invest in employee wellness.

eBook 29

Employee Recognition and 6 Powerful Ways To Implement It

Vantage Circle

Employee Recognition is nothing but the acknowledgment of an individual or team for their hard work, efforts, and accomplishments that go with the organization’s goals and values. But most often than not employees feel they are not valued in their organization and they don’t receive their due recognition. Do you think you need to run an extra mile to make your employees happy and feel appreciated? Worldwide, only 13% of employees working for an organization is engaged.

31 Easy Ways to Show Employee Appreciation

Prism HR

Employee Appreciation Day is March 6th and the often-cited Richard Branson quote is making its way around LinkedIn: “ Employees come first. If you take care of your employees, they will take care of the clients.”. Happy employees are loyal employees.

5 Insanely Great Company Perks That Will Draw Top Talent


Incentive Magazine revealed employee benefits are more valuable than ever – according to MetLife’s 10th annual study of employee benefits trends, there is a strong relationship between satisfaction with benefits and overall job satisfaction. Remote working means a revolutionary new approach to accountability; employees may prefer working in the middle of the night or from a seaside cafe on another continent.

The Key to Employee Engagement: Your Net Promoter Score

HR Bartender

Workify is a technology-enabled service that helps companies measure and trend employee engagement over time through continuous feedback loops. It’s sad to say but businesses don’t appear to be really moving the needle when it comes to employee engagement. I ran across this article from Gallup that reports managers account for 70 percent variance in employee engagement. Employee Net Promoter Score. Now let’s take the NPS concept and apply it to employee engagement.

The benefits broker you choose matters


Benefits are important to your employees and, therefore, your business. A survey conducted by TechnologyAdvice found that 56 percent of employees considered benefits “moderately” or “very” important , and an equal share of those surveyed said they’d rather have certain perks than extra salary. “56 percent of employees said they’d rather have certain benefits than extra salary.”

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M&A Friday! This Week?s HR Deals


Our weekly recap of funding, mergers & acquisition, and partnership news from the human resource, recruitment and employee benefits marketplace is below. Staffbase a mobile employee communication platform, rakes in $10M Series C. Sign up for our weekly email summary of the week’s funding, M&A, partnership and other timely news from the HR technology, recruitment, talent management and employee benefits space. Happy Friday.

3 Ways to Retain People & Win the Talent War


How do you keep employees from jumping ship – especially when yours is a smaller enterprise, and the competition is dangling increases in salary and benefits that you simply can’t match? So goes a common adage about why employees leave. Employee Retention & Recruiting

This is How to Create an Effective Employee Handbook

Get Hppy

Making an Employee Handbook that Truly Engages Your Staff. You could be working with the most talented staff the world has to offer, and still have an organization with high turnover, low engagement, and unmet expectations of your company by employees. But, if you learn how to create an effective employee handbook, you can e many of these issues from the very beginning of someone’s employment with your business. Employee Benefits.

Heart to Heart: 7 Strategies to Improve Remote Employee Relations


Good employee relations result in lower turnover and higher productivity. It has never been more important for managers to step up their efforts to support and engage remote employees. (As Are your employees among them? Align corporate values with the way you treat employees.

5 Reasons Why Hybrid Work Is the Future

Semos Cloud

Learn what are the benefits of hybrid work and why it will be the dominant way of working in the upcoming years. As pandemic shook the world in 2020, employers and employees were faced with huge changes in the way they work. Decreased employee turnover . Category.

eBook 52

How Better Benefits Put All the Pieces Together


Last week, I read a blog written by a very respected employee benefits broker. The broker was sharing his thoughts on the emergence of technology companies in the traditional services space of employee benefits brokering. The tone of the blog was that there is no replacement for valuable advice when it comes to employee benefits plans. It also helps build employee culture and lets HR focus on their number one priority—their people. Benefits

eBook 40

How Better Brokerage Puts All the Pieces Together


Last week, I read a blog written by a very respected employee benefits broker. The broker was sharing his thoughts on the emergence of technology companies in the traditional services space of employee benefits brokering. The tone of the blog was that there is no replacement for valuable advice when it comes to employee benefits plans. It also helps build employee culture and lets HR focus on their number one priority—their people. Benefits

eBook 40

The Fundamentals of Employee Engagement


There is an international employee engagement crisis. On the bright side, this issue can be prevented with the use of initiatives that recognize employees the right way. This finding offers an opportunity for employers to address the need to add value to their employee’s work experience. After all, employees spend over 40 hours per week in the workplace making it practically a second home. Send employment forms electronically before the employees first day.

Get Social: Social Wellbeing & Workplace Wellness


Indeed, fostering social health in the workplace is a key component of a robust, all-encompassing employee wellness program that leads to productivity and performance gains. This sounds simple, and ironically, that may be part of the reason social wellbeing is easily overlooked when organizations create an employee wellness program. For a moment, let’s consider the downsides when an employer neglects to incorporate social wellness into its employee benefits.

5 (Unexpected) Things You Need To Include In Your Employee Handbook

Get Hppy

And while you might be tempted to skip creating an employee handbook (too much work!), having one could help you reduce turnover and make happier employees. But First: Why an Employee Handbook is So Important. Your handbook sets the tone for what a new employee expects from your company. Also read: This is How to Create an Effective Employee Handbook. Employee Benefits. Remember: there are no rules to how you make your employee handbook.

When Numbers Fall: 4 Negative Effects of Employee Turnover

Get Hppy

The role played by employees in an organisation cannot be overemphasized; employees are the backbone of any business’s success. Gary Corcoran of Advance Systems says: ”Employee turnover is a situation where employees exit the organization voluntarily for various reasons or are relieved by the organisation or retire, thereby affecting the organization, most times negatively in terms of costs and the capacity to deliver the minimum required services.”. Employee turnove

As an HR How Do You Manage an Unsatisfied Employee?

Get Hppy

Having a disgruntled employee is not something unusual or threatening. What is worrisome is when the unsatisfied employee continues to hold onto his grudge despite your best efforts at reconciliation. You could try to study the behavior of this employee in different situations. Also read: Why your employees are unhappy and what to do about it. The employee may be advised to enroll in a performance program which is when coaching is introduced.

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Starting To Hire Gen Z? Here’s How To Handle It

Get Hppy

In other words, if coaching is offered, they are likely to take you up on it and benefit greatly from extra learning and training resources. In other words, once a Generation Z employee joins your company, you will become a type of social network to them, a community in which they will eagerly seek out their place and their part. Give them employee benefits they can use right now. Generation Z could technically be classified as Millenials.

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What Is ‘Volunteer Time Off?’


While paid time off (PTO), family leave, and even sabbatical have all been touted as game-changing perks , there’s one workplace benefit that both helps employees disconnect and serves a greater purpose. VTO allows employees to do community service during the workday while still getting paid their usual wages. It is separate from an employee’s regular vacation days. What are the Benefits of Offering VTO? Benefits

eBook 53

What is a PEO? – Top 10 FAQs Business Owners Have About PEOs

Prism HR

It’s your responsibility to ensure your employees are paid on time, stay safe throughout the workday, and have access to benefits like workers’ compensation, health insurance, and 401k. Can I use a PEO for benefits? What else can PEOs provide beyond payroll and benefits? A professional employer organization (PEO) is a human resources outsourcing company that provides HR services like payroll and benefits to small and mid-sized business clients.

M&A Friday! This Week’s HR Deals


Each week, with the help of HRmarketer Insight software , our researchers compile a sampling of mergers & acquisition, funding and partnership announcements from the human resource, recruitment and employee benefits marketplace. United Benefit Advisors Announces New Los Angeles-Based Partner Firm, Benefit Alliance Insurance Services. Update: What Chobani’s Employee Stock Ownership Plan Means for the Middle Class. Happy Friday.

Four Reasons Interactive Conversations Beat Videos


If you’re thinking about investing in a newer, more engaging way to communicate benefits to your employees, you’ve probably come across two types of solutions to the problem: customized benefits videos and interactive benefits conversations…yep, like ALEX. Unlike videos, interactive conversations engage every single employee one-on-one. A virtual benefits expert (with an appealing, engaging voice, I might add): Talks to each person one-on-one.

eBook 48

When Are Perks at Work Necessary?

Get Hppy

If you announced tomorrow that you would no longer be paying your employees, how many would show up to work the next day? A job that does nothing else besides paying the bills for employees is a pretty prime example of how to burn people out and drive them to quit or seek work elsewhere. While money may be a sine qua non for motivating employees to show up in the first place, it isn’t the single most important factor in performance. The Employee Who Works for Perks.

ATS 100

M&A Friday! This Week’s HR Deals


Each week, with the help of HRmarketer Insight software , our researchers compile a sampling of mergers & acquisition, funding and partnership announcements from the human resource, recruitment and employee benefits marketplace. Carlyle Backs Pharmacy Benefit Manager WellDyneRX, as Health Care Costs Soar. Unum Partners With Flock To Offer An Integrated HR & Benefits Platform. Perks eBook: Partner Profiling and Segmentation Now Available from Perks | Channel.

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How-to Kickstart 2021 Using OKRs


The OKR methodology (or Objectives and Key Results) is a great system for managers and employees to set, cascade and communicate goals throughout your company. There’s no doubt how important it is for managers to align employee objectives with their departments and overall company.

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


Our weekly recap of fundings, mergers & acquisition, partnership and other interesting news from the human resource, recruitment and employee benefits marketplace. Maven Raises $27 Million in Series B Financing to Bridge the Gap Between Working Women and Families and Modern Health Benefits. HALO Recognition Releases New eBook to Help Organizations Celebrate Customer Service Week, October 1 – 5, 2018.