Paying your employees a decent wage is important, however, so is providing them with benefits. A solid employee benefits package not only attracts top candidates, but it can ensure retention once they become your employees. So, what exactly are employee benefits? There is more to it that just health care coverage. Employee benefits are defined […]
Category Archives: Benefits
Why is Financial Wellness an Important Employee Benefit?
Ask anyone to explain basic finances and they can. Despite this, most people struggle to save enough money for things like retirement, emergencies, and homes. Financial wellness services and savings plans are one of the most sought after benefits a company can offer. Consumer debt is growing at an alarming rate. The Federal Reserve reported […]
Does Your Benefits Communication Approach Reach Your Employees?
Benefits communication is important if you want to capture the interest of dedicated employees. To retain them, you really need to offer more than the competition. Employees want standard benefits like health and dental insurance, but they may also want voluntary benefits like life insurance. If you’re not communicating your full range of employee benefits, […]
Employee Benefits Trends. What Do Employees Want?
Take a look at the statistics regarding employee benefits. According to the U.S. Bureau of Labor Statistics (BLS), only 69 percent of the workers in all private industries receive benefits to help cover medical care. Just over half of the employees working for private businesses with less than 100 employees actually get benefits related to […]
So whats coming next from DC?
Following the federal government’s policy changes lately feels a lot like being on a roller coaster or perhaps more accurately, like being in a blender set to frappe. There are a lot of changes coming out, and they’re coming out at a dizzying pace. Some are actual regulations, some are just hints of legislation still […]
Is it a perk or a benefit?
One of the most challenging aspects to building a modern workplace that attracts and retains top talent is coming up with a personalized mix of benefits that really speaks to employees. As we’ve written before, a balanced culture of benefits is important, particularly when catering to today’s workforce. The trick lies in realizing that it’s […]
What’s the benefit in getting personal?
Everyone loves those morning news segments about some company’s incredibly lavish workplace culture.. You’ve seen them usually highly-capitalized startups and tech firms sporting basketball hoops in the break room, on-premises puppy daycare, full-time masseuses and foosball tables where conference tables usually are. These extreme examples show how far some companies will go to retain employees […]