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HR KPIs: Guide, 20 Examples & Free Template

AIHR

Benefits satisfaction Satisfaction with different types of employee benefits is usually measured through an engagement survey but can also be gauged in stay interviews. The insights from these surveys can help reduce employee turnover. This alternative, defined by Hursman 2010 , is the well-known SMART acronym.

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The Affordable Care Act, and Why You Can’t Afford to Ignore It [UPDATE]

ACA Times

As a nation we spent roughly $1,000 per person on health care in 1980; close to $3,000 in 1990; almost $5,000 in 2000, and about $8,500 in 2010. In 1980, health care was just over 8% of the economy; by 2010, it was nearly 18%. Searching for a solution, in 2010 Congress passed the ACA.

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Small businesses have dropped healthcare coverage over the last three decades

HR Brew

However, some employers want to provide it despite the expense because they say the benefit makes attracting and retaining employers easier. The percentage of employers with 25 to 99 workers offering healthcare fell to 77% in 2023 from 81% in 1996, according to the Employee Benefit Research Institute (EBRI).

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15-year high? Employer healthcare spending forecast to soar in year ahead

HRExecutive

forecast for 2024, it is significantly higher than the roughly 6% increase forecast for many years since 2010. Compounded, the projections mean employers are expected to spend 50% more on employee healthcare in 2025 than they did in 2017, the report shows.

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Employee Benefits Management: Getting the Most Out of Your Benefits Plan

Netchex HR Blog

When done properly, employee benefits management helps employees, as well as the company. Because employee benefits can be complicated, and you need a centralized system to manage costs and adjust policies. When it comes to benefits, both legal compliance and employee satisfaction are important.

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Final Rule Allows for More Flexibility with Grandfathered Health Plans

ACA Times

Grandfathered health plans are healthcare plans that pre-date the ACA’s enactment on March 23, 2010, and are exempt from some of the ACA market reforms including “coverage of preventative services, internal claims and appeals and external review, and patient protections.”

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10 Tips for Modernizing Employee Recognition and Rewards

WorkHuman

As opposed to waiting for an annual review, new R&R technology allows you to recognize and reward behaviors as they happen, which is more effective in motivating employees. Back in 2010, companies were implementing R&R programs to recognize years of service or special achievements. Integration with performance management.