This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Here, discover the key insights outlined in ExtensisHRs 2025 HR Trends Report and learn how brokers can leverage these emerging developments to strengthen client relationships. To foster success in 2025, clients should confirm their benefits packages remain relevant or adjust them accordingly.
In 2025, organizations are increasingly adopting headcount management software to streamline employee data management, optimize workforce planning, and forecast future needs. Benefits administration : Manages employeebenefits and tracks related costs.
GENERAL TRENDS Rapid technological advancements and shifting employee expectations have added another layer to recruiting and retaining top talent. The world of employeebenefits must evolve to meet the changing needs of the workforce. Multiple retirement options are now being offered by some organizations.
The pharmacy chain is the latest organization to take advantage of a new federal provision that allows employers to contribute to workers’ retirement accounts based on payments they make toward their student debt. Walgreens is offering this benefit thanks to a provision of the SECURE 2.0 contribution rate for those not making them.
These trends underscore the continued evolution of HR technology as a critical enabler of business success, especially as companies focus on skills, retention, and employee well-being in a competitive labor market. This acquisition highlights the growing focus on comprehensive benefits packages to attract and retain talent.
As we step into 2025, the corporate landscape is undergoing seismic shifts, driven by technological advancements, shifting employee expectations, and an increasingly globalized workforce. In this era of transformation, employeebenefits have emerged as a strategic lever for attracting, retaining, and engaging top talent.
When it comes to 2025employeebenefits trends , many companies are seeking innovative solutions to meet the changing needs of their workforce. Shaped by changing work environments, economic pressures, and technological advancements, the following trends are emerging as essential components of a competitive benefits package.
Quick look: A new year is quickly approaching, and with it comes a new set of contribution limits for retirement accounts, health savings accounts, flexible savings accounts, and commuter benefits plans. Employers and their staff should review these new figures set by the IRS and adapt their 2025benefits plans accordingly.
Financial flexibility and wellness tools such as on-demand pay and earned wage access are becoming significant levers for employeebenefits, and tech firms are responding with innovative options to meet this growing demand, according to industry analysts. workers and hundreds of thousands of customers, says Boese.
Quick look: It’s National Retirement Security Month, making it the perfect time for brokers to equip clients with the tools and resources needed to help their employees plan for a secure financial future. Retirement is a hot topic for all staff. workers is reaching retirement age. workers is reaching retirement age.
Employees are the backbone and driving force of any business, and with EmployeeBenefits Day fast approaching, now is the perfect time to strengthen your workforce for the long haul. EmployeeBenefits Day provides a meaningful opportunity for you to show appreciation and prioritize the needs of your employees.
Recent economic pressure has put financial wellness benefits in the spotlight. 2025 is a pivotal year for reassessing how employee wellness impacts organizational success. Stress has long been known to damage employee mental health, productivity and retention. As the workplace evolves, so must employeebenefits.
It was a time of uncertainty and back-and-forth changes, but what evolved was an insightful perspective of what employeesbenefited from most which ultimately set the tone for expectations today. This coming together of brokers and PEOs reflects where we are in 2025. Everyday life radically shifted, including the way we work.
The term “employeebenefits” 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. What are employeebenefits? . Employeebenefits are non-salary compensation and perks.
Back to Blogs The future of employment benefit programs: Whats trending in 2025? Great people, phenomenal benefits read one summary. As organizations look to stay competitive, keeping up with emerging employeebenefit trends can be truly valuable to todays workforce.
Employees look for solutions to their unique problems from building retirement savings to handling unexpected medical expenses. Compared to years prior, employees are more interested in retirementbenefits and paid leave opportunities. Here are the most important benefits your company needs in 2025.
Quick look: 401(k)s are the most popular retirement plans in the U.S. While their advantages for employees are well known, they also have tremendous benefits for business leaders. When people think of a retirement savings plan, many think of a 401(k). trillion in DC plans at the end of 2023. Who has a 401(k)?
For deeper insights backed by industry leaders, be sure to download the ExtensisHR 2025 HR Trends Report here. Artificial intelligence (AI) is now involved in daily tasks, employee expectations have deepened, and adapting to and preparing for change and uncertainty is increasingly important.
Consumers went into 2025 feeling optimistic about finances. However, while they may feel better about their financial prospects, employees are looking to build confidence in their overall financial literacy, and 81% say their employers can do more to help meet this goal.
Key takeaways: Employees in 2025 seek financial wellness benefits like Earned Wage Access and savings programs. Providing personalized financial education can empower employees to manage their finances. Implementing these benefits can lead to increased job satisfaction and loyalty.
Retail coffee chain Starbucks recently announced that in 2025, it is upping its paid parental leave benefit, increasing the leave from six weeks to 18 weeks for birth parents and 12 weeks for non-birth parents. This suggests leave programs could be an increasingly important topic at the bargaining table.
In 2025, businesses can no longer get away with ignoring technology at work. HRIS offers many benefits that an organization can utilize and customize to suit its needs. What to Look for While Making HRIS Comparisons in 2025? Onboarding : Is it easier to organize and enter employee data during onboarding?
Advertisement - The Internal Revenue Service recently announced that for the calendar year 2025, the health savings account contribution limits for individuals with self-only coverage will jump to $4,300—up $150 from $4,150 for this year. Advertisement - This, in turn, will help HR leaders boost employee financial wellness, he said.
There is a lot of uncertainty about who qualifies for the up to $1400 stimulus check in 2025 and how to apply for it, and many employees may be unaware of the opportunity to claim these credits. Who Qualifies for the $1400 Stimulus Coming in 2025?
According to WTW’s 2024 Global Benefits Attitudes Survey , 75% of employees are likelier to stay with an employer offering a strong benefits program. This article will explore the essentials of an effective staff benefits program, including various types of employeebenefits and modern approaches such as rewards programs.
The world of work is changing faster than ever, and, with it, the expectations of employees. As we move deeper into 2025, HR leaders are under increasing pressure to design total rewards programs that not only attract and retain top talent but also adapt to the rapidly evolving needs of the workforce.
In 2025, salaries alone no longer define an attractive employment offer. Employers are increasingly turning to fringe benefits. What are fringe benefits? But what exactly is the meaning of fringe benefits, and why do they matter? Employee perks have evolved over decades as a strategic tool for businesses to stand out.
Quick look: As 2025 unfolds, a new wave of human resources trends is emerging. The ExtensisHR 2025 Trends Report highlights the top five shifts, complete with actionable insights from industry thought leaders.Below is a quick recap of the report, which can be downloaded using the form below.
In today's rapidly evolving workplace landscape, employers are continually seeking innovative ways to provide comprehensive benefits that meet their employees' diverse needs. One such solution gaining traction is the multi-benefit card, a versatile tool designed to streamline and enhance the employeebenefits experience.
Some of the most common pre-tax benefits include: Health savings accounts (HSAs) Flexible spending accounts (FSAs) Commuter benefits Dependent care FSAs Retirement plan contributions (401(k)) Each of these benefits provides unique tax advantages that can make a big difference at tax time.
Quick look:Personal finance issues are a growing concern and can negatively impact employee productivity, mental health, and tenure. This shift in expectations is underscored by National EmployeeBenefits Day , observed annually in April.
Quick look: The 2023 SHRM EmployeeBenefits Survey highlights the shift brokers are experiencing in how clients are prioritizing employeebenefits. Therefore, rather than viewing the future of employeebenefits as an “out with old, in with the new” situation, it’s better to welcome a co-mingling of the two.
While establishing fair wages will always be in style, benefit trends illustrate the employee desire to secure their financial future in other ways. These days, traditional employeebenefits like medical, dental, vision, and life insurance serve as a baseline, with hopes of an additional payoff from other long-term financial support.
As we step into 2025, the workplace continues to evolve, and so do employees’ expectations. Todays workforce is looking for more than just a paycheckthey want meaningful benefits that enhance their well-being, support their work-life balance , and provide financial security.
Highlights Small businesses need to offer attractive employeebenefits to compete for top talent in the job market. Offering a variety of health, financial, and work-life balance benefits can boost employee satisfaction and retention. Schedule a call today to enhance your benefits package. Lets dive in!
Per a recent CNBC survey, 81% of people carrying student loan debt have had to push back life milestones, including buying homes, investing in the stock market, or setting aside funds for retirement. As a broker, you can help employers evaluate their benefits packages holistically: What employee pain points do their benefits solve?
What keeps your company’s employees awake late into the night and dominates their thoughts throughout the workday isn’t the state of the nation’s economy but their retirement savings, children’s college funds, credit card debt, and the next housing payment or grocery bill. Older employees have their eyes on retirement.
With it, you can easily run payroll for salaried employees and contractors as often as you need each month. It also allows you to automatically file payroll taxes, manage healthcare and other employeebenefits , perform direct deposits, and more. Lastly, they provide over 100 exportable payroll reports.
As people seek more quality time away from the office and more employees work remotely, they desire the security of affordable healthcare, flexible work schedules, and retirement savings. A 401(k) plan speaks to this intrinsic value and helps assure employees they’ll receive a positive return.
workers better prepare financially for retirement, at every stage of their employment journey. workers who have not been able to save enough money to retire have delayed their transition into this next stage of life because of current economic conditions and record-high inflation. The SECURE 2.0 For many U.S. The SECURE 2.0
elections potentially leading to significant shifts in employment laws and employeebenefits, its crucial for employers to stay ahead of changes to maintain compliance. New regulations could affect everything from healthcare policies and labor laws to tax laws, all of which play a key role in benefits administration.
With it, you can easily run payroll for salaried employees and contractors as often as you need each month. It also allows you to automatically file payroll taxes, manage healthcare and other employeebenefits , perform direct deposits, and more. Lastly, they provide over 100 exportable payroll reports.
The Act includes a variety of features designed to help Americans save for retirement and assist SMBs in offering retirement savings plans to their employees. It’s an exciting time for benefits professionals: Congress has shared the final SECURE Act 2.0 Quick look: In late December 2022, the final SECURE Act 2.0
Are employeebenefits today considered perks, or are they expected? Not surprisingly, the history of employee perks involves World War II, the burgeoning tech industry and women. Today’s Top EmployeeBenefits and Perks. They will make up 75 percent of the workforce by 2025, and they want more from work than money.
We organize all of the trending information in your field so you don't have to. Join 318,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content