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2017 Employee Benefits Predictions

Winston Benefits

As we look at the developments of 2016 and the benefits trends going into 2017 , it’s clear that change is the only constant. This can mean big challenges for benefits managers as they try to keep up with evolving benchmarks and new legislation, but it represents big opportunities as well.

HCM Software Marketplace – A Look Back at 2016 and a Look Forward to 2017

HRchitect

Innovations in Employee Engagement (Live H2H, Highground), Assessment (Pinsight, Pymetrics), and Recruitment CRM / Marketing (Yello, Crowded.com), were most notable to me. What to expect in 2017? With our new President and his focus on being business friendly, there are already plans to change many of the legislative decisions on employee benefits, and wage and hours.  Thus, 2017 could be the year of “compliance reversal.” Recruitment = Marketing”, while growing in the past 2 years, will be a standard in 2017.  Written by: Jacqueline Kuhn.

New Employee Benefits That Could Be Your Secret Weapon

SuccessFactors

Today’s employees crave benefits that are as innovative as they are. Providing the perks employees really  want – in addition to the medical coverage they need, of course – can help you attract and retain top talent. Fortunately, employee benefits don’t have to be expensive to be appealing. Want to raise employee morale? Physical and mental health benefits.

Best Employee Benefits for Food and Beverage Companies

Winston Benefits

The consolidation of companies in food and beverage manufacturing has resulted in multinational giants — and this is good news for employees in the industry. These larger companies offer competitive benefits to attract the wide variety of employees they need in manufacturing, administration, operations, sales and marketing, and other departments. Here’s a sample.

Buyer’s Guide for Simplifying HR and Payroll

It is worth your time to consider the benefits of a. benefits could put you at a disadvantage compared to. each day, such as employee administration tasks. What benefits they are eligible for or enrolled in  Where can they find copies of their check stubs  How to get their personal information updated in their file How do you and other company leaders gain insight.

Employee Onboarding Best Practices: A Technology Perspective

EmployeeConnect

The employee onboarding process is no longer used just for administrative issues. It’s true that advanced software and automated technologies eliminate duplicate entries and streamline employee onboarding, but that’s just the beginning of the array of business and employee benefits that onboarding technology can deliver for your business or HR department. Benefits of an Organised Employee Onboarding Process Research shows that new hires are more likely to leave companies within the first 18 months of their employment. Onboarding

How to Successfully Engage Employees in 2017

TalentCulture

According to a study conducted in May of 2016 by Ante Glavas , a model building on engagement theory was tested in which “CSR enables employees to bring more of their whole selves to work, which results in employees being more engaged.”. For example, Four Winds Interactive was losing over $4M a year due to high employee turnover.  How are the two connected, again? 

How To Successfully Engage Employees In 2017

SuccessFactors

As more and more millennials come of working age, it’s becoming increasingly important for companies to prominently exhibit their corporate social responsibility policies on either their website or their employee handbooks—in part because CSR is proving to be increasingly vital to attracting and retaining quality employees. Along with engagement, however, let’s not forget about CSR!

How to Offer a Great Employee Benefits Package for Your Nonprofit

Justworks

Should your nonprofit company offer benefits? According to the Nonprofit Times, about 85% of nonprofits offered some kind of medical plan to their employees. If you’re evaluating your options, read on for some information on how the Affordable Care Act (ACA) impacts nonprofits offering benefit plans, how you can select a group benefits provider, and how you can offer free or low-cost perks to keep your best employees around longer. A. And perhaps more importantly, can you afford it? Read more

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Top 7 HR trends in 2017 to watch out for

Interact

2017 is officially up and running, and analysts and business management globally are determining priorities for the coming 12 months and beyond. Projections for business in 2017 look to advancing technologies, economic and political changes and many more indicators to provide direction on what the next 12 months will hold. What do you think will be the top HR trends in 2017?

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How to Help Employees with 2017 Resolutions (Now That the Party’s Over)

Winston Benefits

employee wellness wellness benefits employee benefits communicationThe decorations have been taken down and packed away, and everyone’s back from their holiday break. In many places, the weather is miserable, and people might find that their New Year’s resolutions aren’t sounding nearly as exciting or achievable as they did among all the confetti and party horns.

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What to Do After Open Enrollment

Winston Benefits

After all, benefits enrollment is a year-round proposition and there’s always something to be done. open enrollment employee benefits strategy employee benefits surveyNow that it’s a new year, you probably feel like leaving 2016 and its open enrollment work behind.

What Will Happen to Employee Benefits in 2017?

Winston Benefits

In the benefits sphere, uncertainty over impending changes to health insurance laws makes it difficult to predict what’s coming, but experts are trying. The following articles offer a glimpse at what might change or continue to grow in the employer-sponsored benefits world in 2017. voluntary benefits 2017 trends employee well-being

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How to Communicate & Promote Your Total Rewards & Benefits Packages

Workology

Quite often especially at smaller companies and high growth startups, we miss out on opportunities to properly sell our organization with the company perks, compensation and benefits. HR Recruiting employee benefits employment brand employment branding total rewardsWe will define. Workology is the art and science of work, HR and recruitment. Join the resource revolution.

2017 HR technology trends: Why we can't ignore digital anymore

Reward Gateway

Employee Benefits Technology & Innovation

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. They must find the right partner that can both help them deliver great benefits and also provide real value within their budget. And yes, they need a system to make benefits management easy.

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Republican ACA Proposal Poses Challenges for Multistate Employers

HR Daily Advisor

Because employers’ requirements would depend on where employees work, compliance could be a real challenge for companies with operations in multiple states, according to the Society for Human Resource Management (SHRM). The Patient Freedom Act of 2017 (S. Under this bill, employers’ responsibilities will be contingent on where their employees work. What it Does. with a B.A.

4 Proven Ways Your Employees Will Benefit from HR Software (And in a Big Way)

UrbanBound HR

Implementing new and up-to-date HR software into your company can be quite an undertaking, but it can reap benefits for the whole organization. Especially your employees. When your employees benefit from new technology, your company in turn benefits from greater employee satisfaction and even improved productivity. HR tech

Judge Blocks Gender Transition, Abortion Provisions of ACA Nondiscrimination Rule

HR Daily Advisor

In the employee benefits context, this includes group health plans of HHS-funded healthcare providers, plans that receive Medicare retiree drug subsidies and insurers that participate in the ACA Marketplace (all of their activities, including self-funded plan administration). Benefits healthcare providers HHS pregnancy statesBurwell , No. 16-cv-00108-O (N.D. 31, 2016)).

Best practices for building a successful engagement hub.

Reward Gateway

Employee Benefits Technology & Innovation2 min read. There are 5 key building blocks for a successful digital experience: Useful , Usable , Desirable , Sustainable and Social. The first two are the most crucial, especially when our objective is to engage the user and get them to actually do something.

DOL Highlights Growth in MHPAEA Enforcement

HR Daily Advisor

For group health plans and insurers that cover mental health and substance use disorders (MH/SUDs), MHPAEA requires parity in financial requirements (such as copays) and benefit limitations affecting the scope or duration of treatment. Parity between MH/SUD and medical/surgical coverage must be demonstrated within six categories of benefits. Benefits benefits DOL EBSA MHPAEA

Common Employee Engagement Survey Questions Aligned to Engagement Drivers – Examples

EmployeeConnect

The employee engagement survey perhaps one of the most common and direct methods for managers to cause the sentiment of their teams and level of engagement across the all the drivers of engagement. It’s a It’s a known fact that approximately 92% of companies run employee engagement surveys in one form or another and remain a critical organisational metric. This standard employee survey questionnaire that is rolled out amongst the employees of an organisation usually includes on an average of around 30-60 questions which can be rated on a five point rating scale.

Perez Announces New Appointments and Leadership for 2017 ERISA Advisory Council

HR Daily Advisor

Perez recently announced the appointments of five new members to the 2017 Advisory Council on Employee Welfare and Pension Benefit Plans, known as the ERISA Advisory Council. The ERISA Advisory Council is integral to the department’s work in enhancing and preserving the health and retirement benefits of America’s workers,” said Secretary Perez, quoted in a press release.

DOL Sues to Recover Losses to Vermont ESOP

HR Daily Advisor

Department of Labor (DOL) is suing the fiduciaries of a Vermont employee stock ownership plan (ESOP) for violations of the Employee Retirement Income Security Act (ERISA), alleging that First Bankers Trust Services, Inc.’s Benefits ERISA ESOP fiduciary duty Sonnax IndustriesThe U.S. Those who sell their shares to an ESOP do not receive a windfall.

DOL Announces Final Rule Relating to Disability Benefits Claims Process

HR Daily Advisor

Department of Labor has announced a final rule requiring that plans, plan fiduciaries, and insurance providers comply with additional procedural protections when dealing with disability benefit claimants. Disability benefits are a lifeline for workers who are unable to work after becoming disabled,” said Assistant Secretary for Employee Benefits Security Phyllis C.

3 proven ways PEOs keep your business momentum going strong

Insperity

Are your employee records in good shape and audit-ready? Comply with many federal laws affecting PEO-sponsored benefits (e.g., Engaged employees grow your business and improve your bottom line. You’re investing in your greatest asset when you take the time to create a positive work environment where your employees can thrive. High employee turnover. Damaged employee morale. Engaged employees: Boost your bottom line. Or are you proactively managing your employees to maximize their success and the success of your business (a strategic approach)?

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Second DOL FAQ on Fiduciary Rule Addresses Questions About Fiduciary Communications

HR Daily Advisor

The FAQs are generally limited to investment advice concerning Employee Retirement Income Security Act-covered plans, individual retirement accounts (IRAs), and other plans covered by Section 4975(e)(1) of the federal tax Code. Benefits communication FAQ fiduciary Obamaby Jane Meacham, contributing editor. The U.S. What the New FAQ Covers. Tailored Advice Often ‘Recommendation’.

How to choose a reliable PEO: 5 steps you can’t afford to avoid

Insperity

As a co-employer, the PEO you choose will ultimately take responsibility for processing payroll, providing workers’ compensation insurance coverage, providing employee benefits and a host of other sensitive tasks. mismatch between your company’s culture and that of your PEO, or partnering with a financially unstable PEO, can spell trouble both for your company and your employees. The internet abounds with stories of PEOs increasing rates without warning or going out of business without paying the client’s employees or payroll taxes. The Better Business Bureau.

#HotInHR – HR Technologies: Worth Watching Now + 2017 Disruption Insights

HRmarketer

Weekly summary of mergers, acquisitions, funding and partnership news from the HR technology, recruitment, talent management and employee benefits space. HR Technology in 2017: Disruption Ahead – Josh Bersin. This week we publish our HR Technology Disruptions for 2017, and I expect to see some radical changes in the year ahead. HotInHR - HR Technologies: Worth Watching Now + 2017 Disruption Insights #HRTechConf #HRTech Click To Tweet. The post #HotInHR – HR Technologies: Worth Watching Now + 2017 Disruption Insights appeared first on HRmarketer.

The Next Generation of Employees is Emerging

Winston Benefits

The oldest members of Generation Z are beginning to enter the workforce, and like their predecessors they will change the way organizations communicate and interact with their employees. Employers can begin to engage these new workers by communicating about benefits offerings, workplace culture and employee recognition in new ways. employee benefits Generation Z 2017 workforc

3 Practical Ways to Help Employees Benefit from Emotions

Bonusly

The young employee who expressed frustration in an open letter to the CEO of Yelp exemplified for many that stereotype. Emotional intelligence education is a smart investment in employee engagement and retention, and all the innovation and cost savings they propel. If appropriate, encourage employees to take a couple days to assess decisions from different emotional states.

M&A Friday! This Week’s HR Deals

HRmarketer

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. Acquires Employee Benefits Consulting Firm, Hill, Chesson & Woody. Commuter Benefit Solutions Offers Pre-Tax Benefit for uberPOOL.

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Department of Justice releases HR-specific antitrust guidance

HR Morning

While the guidance doesn’t break any new legal ground, it’s specifically targeted at HR managers and outlines how agreements with competing employers regarding things like worker pay and benefits can result in antitrust violations. ” “Agree with another company to refuse to solicit or hire that other company’s employees.” Red flags.

IRS releases 2017 COLAs: Flex accounts, adoption assistance impacted

HR Morning

The IRS just released the 2017 Cost-Of-Living Adjustments (COLAs) for a slew tax-related employee benefits. The annual employee salary contribution limit to health flexible spending accounts (FSAs) will increase to $2,600 (a $50 increase from 2016). In this week's e-newsletter Pay and Benefits fsa HSA IRS limitsProcedure 2016-55 ). What’s going up.

Incorporating Assumptions and Disclaimers into Your Total Rewards Communication Strategy 

HRsoft

If you’re considering incorporating assumptions and disclaimers into your employee benefits statements, here are a few things you should consider, as well as examples of each: Ask A Lawyer To Weigh In. The cost of health and welfare benefits and insurance are for the latest period and may not reflect changes you have recently made to your coverage.

Don’t Let Your Data or Participants Get Lost in Space

HR Daily Advisor

The possibility of cyberdata sabotage is now a day-to-day threat that frequently makes the headlines—and employee benefit plans are not spared exposure to data sabotage. Employee benefit plan administration has become an outsourced commodity. Employee benefit plan data includes sensitive information such as Social Security numbers, dates of birth, and addresses.