Employee Benefits and Compensation: Navigating Open Enrollment

Employee Communications Council

Open Enrollment is in full swing and if you’re a small business owner with the ability to offer employees benefits and compensation packages, you’re probably already hearing all about it. Your employees are making the best decisions they can right now to make sure they’re enrolled in health insurance plans that make sense for them. Here are some things to keep in mind as your employees sign up for health insurance : Digital Resources Work.

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. Employee Benefits for Baby Boomers.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

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.

I’ve got two FREE HR-compliance seminars next month to help you address an aging workforce

The Employer Handbook

Next month, my friends at Kistler Tiffany and I are presenting two free, live seminars to address the EEOC’s enforcement priorities on age-related matters. Age Employee BenefitsAs we celebrate the 50th anniversary of the Age Discrimination Employment Act (ADEA), the U.S. Equal Employment Opportunity Commission is determined to make the ADEA “more relevant than ever.”

Tackling Total Rewards: A System for Communicating Employee Benefits

ClearCompany Recruiting

Total rewards is a system that looks beyond the paycheck and examines the comprehensive benefits an employee receives, or that an employer offers. Some companies take time annually to send their employees a “statement” that delineates these tangible rewards like: tuition reimbursement, PTO, cell phone allowance, alongside their actual compensation. Some people come by their total rewards packages internally, building them specifically to attract a certain type of employee.

9 Ways to Communicate Employee Benefits

Insperity

You’re happy with your benefits package and are comfortable with the associated costs. But have you considered how easy the enrollment process is to navigate, or whether your employees truly understand what is available to them? Here are nine ways to ensure your staff members take full advantage of the benefits your company offers: 1. Your employees should be made aware of the benefits you offer early and often. Don’t overwhelm your employees.

Why invest in upskilling for the future of work

HR Digest

It has become a crucial part of employee retention and business growth and development. It is a good strategy to adopt when you do not want to lose a valued employee due to a loss of the present position. million per year in employee replacement costs. Seminars/Webinars.

Promoting wellness in the workplace has significant benefits

PeopleStrategy

May is Global Employee Health and Fitness month making wellness top-of-mind for employers. The initiative, spearheaded by the National Coalition for Promoting Physical Activity and the National Association for Health and Fitness, encourages employers to emphasize the benefits of maintaining a healthier lifestyle. Actually, this makes sense to do year-round given the impact good health – physical, mental and financial – can have on your employees’ productivity.

Flimp Featured: Wayne Wall on Better Benefits Education and Decision-Support Tools

Flimp Communications

That means no benefits vendor fairs in the cafeteria or HR-lead seminars in the conference room ahead of annual enrollment. Others are turning to decision-support tools to guide workers through their benefits options this enrollment season.

Tools 52

It’s time to embrace online benefits enrollment

PeopleStrategy

Fortunately, this is one area where there’s already a blueprint to manage it: online benefits enrollment. We also quickly figured out that we have to prepare for the worst-case scenario, which is what a lot of HR leaders and benefits brokers are doing.

Join me for a free ACA / ADA / FMLA event next month!

The Employer Handbook

Do employee-leave issues and ACA woes have you feeling like this ? We’re presenting two free , live seminars to help you tackle your ACA, ADA, and FMLA issues. Disability Employee Benefits Family and Medical LeaveWell, next month, my friends at Kistler Tiffany and I have got your back. The first will be on Wednesday, May 10, 2017 from 9:30 AM to 11:30 AM in Berwyn, PA. Continue reading.

‘Selling’ employee benefits: 5 ways to repackage perks & increase participation

Business Management Daily

It can be frustrating when employees don’t rush to take part in optional benefits like elder care services, financial-planning seminars or even the EAP program. But don’t take it personally; just one in four employees participate in discretionary benefits, according to industry estimates. That’s because different benefits are relevant to employees at different points in their lives. What about the employee who becomes a new parent six months later?

Top Employee Engagement Tools (Detailed Comparison)

Vantage Circle

Employee engagement tool helps measure or boost employee engagement that in turn will improve the productivity and efficiency of the employees and reduce staff turnover. Features of Employee Engagement Tools. Employee perks: Employee discounts.

Best Benefits for Engineering Firms

Winston Benefits

As a result, engineering firms offer top-of-the-line employee benefits to get the talent they need, although benefits packages can vary widely across an organization, depending on the position, location and collective bargaining status. Here are some of the top benefits among engineering firms. Large engineering firms often offer multiple tiers of health coverage so employees can find the best fit for themselves and their families.

The Messages You Deliver to Employees through Total Rewards Software

HRsoft

Sometimes, employers think that simply offering employee benefits is enough to show employees that they’re valued. In order to deliver important messages surrounding total rewards, you need an outlet through which information about employee benefits statements and more is made accessible and clear. When you use total rewards software, the following messages are delivered clearly and continuously to keep employees engaged and committed: We Value You.

Puzzling Precedents: Piecing Together MEWAs

benefitexpress

It takes a deep understanding of compliance requirements to keep both your employees and your bottom line healthy when it comes to MEWA. Skip the struggle with complicated legal briefs and sort out your strategy in this one hour seminar. This webinar is presented by Larry Grudzien , attorney at law, practicing exclusively in the field of employee benefits. The convenience of a Multiple Employer Welfare Arrangement comes with additional regulatory burden.

Webinar: Benefits Trends in 2021: Navigating the Impact of COVID - 9/16/20 @11am ET

Paycor

With the ongoing health and economic impacts of Covid-19 in our country, businesses have been required to pivot in how they operate in both safety in the workplace, employee relations and cost containment. Employee Relations and Retention Strategies in a COVID-19 World.

How to Create a Compensation Strategy: A Complete Guide

Decusoft

A total rewards plan is a management strategy that rewards workers for achieving particular business goals with monetary, non-monetary rewards in benefits, and developmental rewards. Merit increases are based on employee performance or individual performance. Learning seminars.

Compensation Management in the Banking Sector

Decusoft

A well-researched compensation management strategy helps you to fulfill pay parity and other critical goals while also retaining talent and rewarding employees for their hard work. Compensation management is the practice of rewarding employees for their labor through several methods.

Why employee financial wellbeing should matter to HR teams

cipHR

The impact of money worries on employee wellbeing and performance shouldn’t be underestimated. Too often, employee wellbeing initiatives can focus solely on physical and mental health. The post Why employee financial wellbeing should matter to HR teams appeared first on CIPHR.

Corporate Synergies’ 2019 Employer Education Series to Focus on Benefits ROI

Corporate Synergies

Viewing health & welfare benefits as a business investment is a mindset shift. Our 2019 Employer Education Series is designed to help you get more bang for your benefits buck. While there will be continued focus on emerging health & welfare benefits trends and clarification on compliance requirements, the series of articles, webinars and live events will also focus on employee benefits as a business investment.

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. Flock, a Software Platform to Manage HR, Benefits, and Compliance, Raises $3.5 Tanner To Acquire Australia Employee Engagement Company Accumulate. BenefitVision Joins US Retirement & Benefits Partners. HR-JSON Benefits and Compensation Standards. Happy Friday.

5 ways to support employee career growth during the pandemic

Business Management Daily

While the COVID-19 pandemic has changed how and where many people perform their jobs, it has not stopped employees from seeking career growth opportunities. However, according to Kelby Zorgdrager, CEO of DevelopIntelligence , “employees want opportunities to grow and advance their careers.

5 Ways You Can Sustain Your Skill Development Journey

Career Metis

Being an ambitious employee, skills development is your primary goal. Attend Different Seminars and Conferences Related to Your Field. Seminars and Conferences constitute professional development workshops. Employee benefits.

Benefits of Compensation Analysis

Decusoft

Smart businesses understand that offering competitive pay for full-time employees is one of the most important factors in attracting and retaining top talent. A comprehensive salary report offers the facts and insights needed to make critical choices on executive pay and overall benefits.

M&A Friday! This Week’s HR Deals

Advos

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. League of California Cities Announces New Partners in Offering Improved Health Benefits Options to Local Cities. Businessolver to Launch New Voluntary Benefit Integration for Student Loan Repayments. Happy Friday.

10 HR Challenges and How to Overcome Them

Intoo USA

HR professionals’ jobs are not over once a prospective hire becomes a new employee. A new hire’s first few weeks can make a lasting impression and set them up for either success or failure when it comes to both employee engagement and performance. Managing employee development.

GUEST POST: Before You Say ‘I Do’: Why Your Wellness Program Shouldn’t Marry Your Carrier

Sonic Boom

For most employers, your wellness program is closely tied to your employee benefits package. Wellness incentives and initiatives, as well as measures of program effectiveness, are typically guided by your benefits plan and claims information. Insurance carriers are well aware of the relationship between wellness programs and health plan benefits, with almost all providing some type of complimentary preventive health or wellness program design.

Breaking the barrier to employee engagement

Ceridian

Employee engagement is one of the most critical areas for businesses today. In Deloitte’s latest report on human capital management trends, it was revealed that employee engagement, along with corporate culture, is one of the biggest challenges today’s employers face, with more than half of organizations admitting their programs for measuring or improving engagement are either non-existent or inadequate. How employers need to break employee engagement barriers.

M&A Friday! This Week’s HR Deals

Advos

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 Welcomes New Partner Firm, Insurance Associates. Afterburner and USAA Partner to Bring a Strategic Transition Planning Seminar to Fort Benning, Home of the US Army Infantry and Armor School. Happy Friday.

What is Compensation Management: A Complete Guide

Decusoft

A well-researched compensation management plan allows you to meet goals around pay equity and other critical factors while retaining talent and rewarding employees for work well done. Employee compensation is the largest component of an organization’s total labor costs.

7 Ways to Support Employees’ Engagement in their Financial Wellness

GuideSpark

Help your employees find a balance between living wisely today and planning for tomorrow. A paycheck isn’t the only thing employees depend on to meet their families’ financial needs. Employee benefit products such as health savings accounts, 401(k) plans, retirement annuities, stock options, and flex spending accounts are part of the picture, and in many cases, a big part of their total compensation. Talk to employees on a regular basis about financial wellness topics.

M&A Friday! This Week’s HR Deals

Advos

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. Leading HR Experts Team Up To Conduct Groundbreaking Research on Employee Engagement. Talexis to Host “Innovative Hiring” Seminar. Happy Friday.

How to Manage a Remote Team: 14 Effective Tips for Your Business

Business2Community Leadership

There are now over five million remote employees in the U.S. Some employees find it hard to create a work-life balance now that they work from home. Learning how to manage a remote team starts with setting boundaries and work rules your employees should adhere to as they work from home.

3 Ways to Improve Benefits Communication

HR Daily Advisor

We know that when it comes to health benefits, employees want choices. Studies show that people are more satisfied with their jobs, and less likely to look for other employment opportunities, if they believe not only that their employer offers good benefits, but that the benefits are well communicated. Here are three ways to improve your benefits communication. Effective benefit communication requires employers to invest time and resources to educate employees.