Netchex HR Blog

NOVEMBER 13, 2024

Historically, health literacy was defined as the degree to which individuals have the capacity to obtain, process, and understand basic health information and services needed to make well-informed health decisions. The previous definition focused on “understanding” healthcare and making “appropriate” decisions.

Employee Benefits 93

Employee Benefits Onboarding Software Wellness HR Software 93

Zenefits

SEPTEMBER 22, 2020

But even with the best strategies for clarifying detailed, often complex healthcare information during this annual rollout of benefits, employers need to ask: How well do my employees understand their medical coverage, and are they making the right choices based on their needs? to introduce the open enrollment process.

Planning Tools 74

Planning Tools Study Comparison Compliance 74

Intoo USA

OCTOBER 24, 2019

Severance pay, also referred to as post-employment compensation, gap pay, or a separation package, is rarely a fun topic to discuss—no matter what your company calls it. Failure to give notice legally obligates your company to provide severance pay to employees who were impacted. How to Develop a Severance Pay Policy.

Outplacement 130

Outplacement Interview Software Compensation Policies 130

Extensis

JULY 31, 2024

As one of the longest-running annual surveys covering employee benefits , it’s been a valuable resource when making decisions about offerings. Being at the forefront of employee benefit expectations is a significant part of what keeps companies competitive. So, what should SMBs keep in mind for the coming months?

Employee Benefits 106

Employee Benefits Survey Planning Tools Retirement 106

Best Money Moves

MARCH 11, 2024

Average healthcare premiums for American families increased 7% in 2024, according to research from KFF. The study from Forbes Advisor shows that 67% of employees and 68% of employers believe healthcare to be the most important benefit. Making these benefits as inclusive as possible is another factor to consider.

Planning Tools 105

Planning Tools Retirement AI Recruiting Survey 105

HRExecutive

MAY 18, 2023

The adjustments for 2024 for individual and family contribution limits mark its most significant increase by both percentage and amount—ever,” emphasizes Jason Bornhorst, co-founder and CEO of First Dollar, a healthcare benefits technology company. That’s not a small check. The HSA adjustments for individuals jumped 7.8%

Retirement 113

Retirement Planning Tools Survey HR Software 113

Achievers

AUGUST 4, 2022

That’s why taking a holistic approach to the value your company offers employees — rooted in the concept of total rewards — is so important when it comes to attracting, engaging, and retaining employees. Total rewards are all the financial and non-financial benefits a company uses to entice, grow, care for, and retain talent.

Recruiting Software 191

Recruiting Software Planning Tools Onboarding Software Bonuses and Incentives 191

Analytics in HR

MARCH 22, 2023

An offer letter template ensures you streamline the process and include all important information without accidently opening your organisation up to litigation. Research conducted by the Addison Group found that 70% of applicants will lose interest in a role if they have not heard back from the employer within a week from the first interview.

Background screening 105

Background screening Bonuses and Incentives HR Software Hiring Software 105

Digital HR Tech

NOVEMBER 11, 2019

Compensation and benefits refer to the benefits a firm provides to its employees in exchange for their labor. Compensation and benefits are thus a key part of Human Resource Management. In this article, we will provide you with a full guide about compensation and benefits.

Compensation 106

Compensation COMPAS HR Planning Retention and Turnover 106

Intoo USA

OCTOBER 24, 2019

Severance pay, also referred to as post-employment compensation, gap pay, or a separation package, is rarely a fun topic to discuss—no matter what your company calls it. Failure to give notice legally obligates your company to provide severance pay to employees who were impacted. How to Develop a Severance Pay Policy.

Outplacement 100

Outplacement Interview Software Compensation Policies 100

Best Money Moves

NOVEMBER 3, 2021

In the same Trends in Benefits survey, only 33% of employees felt that they understood the benefits options available to them and only 49% of employees said they can accurately recite which benefits they selected from the package their employer provided. . Let your team choose the benefits package most relevant to.

Trends 111

Trends Hiring Software Planning Tools Retirement 111

PeopleStrategy

SEPTEMBER 24, 2019

For those products and services an employer chooses to offer, employees will have the opportunity to enroll during their normal open enrollment process using PeopleStrategy’s hire-to-retire HR platform. Contact Information. About New Benefits. About PeopleStrategy, Inc. Learn more at peoplestrategy.com. Phone: 404-410-4154.

HR Software 20

HR Software Onboarding Software Planning Tools Recruiting Software 20

ACA Times

JANUARY 30, 2018

DOL said it believes these new rules would close the gap of uninsured Americans without eliminating options available in the healthcare marketplace. The proposed regulations will allow small business health plans—known as Association Health Plans (AHP)—to expand under The Employee Retirement Income Security Act of 1974 (ERISA).

Retirement 100

Retirement Compliance Policies Industry 100

Best Money Moves

APRIL 20, 2022

However, when it comes to financial assistance, too many organizations focus solely on helping employees plan for retirement. According to SHRM, 56% of US employees with employer-sponsored healthcare benefits surveyed said whether or not they like their healthcare plan is a key component in their decision to stay with their current job.

Hiring Software 122

Hiring Software Planning Tools Strategy Retention and Turnover 122

ACA Times

FEBRUARY 21, 2018

claim that by having their hours cut by Dave & Buster’s, these employees lost their full-time work status, denying them the opportunity to get healthcare benefits. We’re committed to helping companies reduce risk, avoid penalties, and achieve 100% ACA compliance. Dave & Buster’s, Inc.,

Retirement 100

Retirement Comparison Compliance Compensation 100

Recruiters Lineup

JANUARY 18, 2024

This guide aims to provide businesses with essential information on recruiting and managing a workforce in Angola. It is essential for businesses to stay informed about any amendments to the labor legislation and regularly review their practices to ensure compliance.

Hiring Software 87

Hiring Software Hiring Background screening Onboarding Software 87

Recruiters Lineup

JANUARY 28, 2024

It’s essential to check with legal professionals or the relevant government authorities for the most current and specific information on labor laws in Belize. Additionally, labor laws may be subject to changes, so staying informed about updates is crucial for both employers and employees. What are the Labor Laws in Belize?

Video Recruiting 74

Video Recruiting Hiring Software Background screening Hiring 74

Best Money Moves

DECEMBER 9, 2024

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 retirement benefits and paid leave opportunities. Here are the most important benefits your company needs in 2025.

Trends 52

Trends Planning Tools HR Software AI Recruiting 52

Analytics in HR

FEBRUARY 10, 2023

HR practitioners need to be aware of the various benefit possibilities and determine which ones their organization should consider adopting. Let’s have a look at common types of employee benefits, and examples of how companies are using them in their employee benefits strategy. Contents What are employee benefits?

Employee Benefits 116

Employee Benefits HR Software Wage and Hour Training Planning Tools 116

Vantage Circle

DECEMBER 21, 2022

As we have already established, employee engagement is integral to your company's success. The benefits an engaged workforce brings are hard to ignore. Supports and influence company goals. On average, every year, a company will experience 18% turnover in its workforce. It: Boosts employee performance. Turnover Rate.

Employee Engagement 91

Employee Engagement Hiring Software Retention and Turnover Retirement 91

Extensis

JANUARY 30, 2023

Despite a variety of personalized benefits being desired by employees today, quality health insurance still remains the most important benefit to staff. However, the cost of healthcare benefits continues to outpace even inflation. These price hikes have a serious impact on employees. What’s being done?

How To 98

How To Retirement Compliance Report 98

HRExecutive

MAY 10, 2024

Instead, there is a growing need for HR professionals to develop a deep understanding of diverse employee needs, particularly regarding healthcare and retirement planning. Medicare expertise within HR departments can bridge the gap between traditional employee benefits and the need for comprehensive retirement planning advice.

HR Software 83

HR Software Planning Tools HR Planning HIPAA 83

6Q

OCTOBER 3, 2022

If your workforce is multilingual, invest in a good translation system to ensure that no information gets lost in translation. You must always refuse to act on information until you authenticate it. Healthcare benefits: Healthcare is expensive. Are well documented. Go both ways. Are factual.

Hiring Software 115

Hiring Software Planning Tools Assessment Software HR Software 115

Analytics in HR

DECEMBER 22, 2023

With nearly 40% of mid-career professionals prioritizing mandatory paid leave and over 80% seeking comprehensive healthcare benefits, it’s clear that designing a thoughtful compensation package is key to talent attraction and retention. In fact, 83.4% of employees rank compensation as the top factor in job satisfaction.

Compensation 109

Compensation Bonuses and Incentives HR Software Hiring Software 109

Cisive

NOVEMBER 13, 2023

The way an employee leaves your company is just as important as how they arrive. An effective employee offboarding checklist can help you streamline and structure the process to protect the company and support departing workers. Key Takeaways Offboarding is the process of formally separating a departing employee from your company.

Onboarding Software 60

Onboarding Software Planning Tools Recruiting Software Hiring Software 60

Best Money Moves

NOVEMBER 13, 2019

Employees who thrive in all five areas of wellness perform better, miss less days, adapt to change with less resistance and have lower healthcare costs and turnover, according to research by Gallup. . Create paths for advancement so employees can see a future for themselves within the company. Expand healthcare benefits.

Wellness 76

Wellness Hiring Software How To Retirement 76

Zenefits

JUNE 13, 2022

When it comes to benefits, healthcare is at frequently the top of the list. Forty percent of employees surveyed chose healthcare benefits over competitive salaries, retirement plans, or bonuses. Nearly 3/4 of the 1,000 workers surveyed listed healthcare in their top 3. Expect higher costs.

Planning Tools 36

Planning Tools Onboarding Software Payroll Benchmarking 36

Recruiters Lineup

JANUARY 5, 2024

Ireland has established itself as a thriving business hub in recent years, attracting companies from around the globe. This includes obtaining consent for collecting and processing candidate information, ensuring data security, and providing transparency about how personal data will be used. How to Hire Employees in Ireland?

Video Recruiting 78

Video Recruiting Background screening Hiring Software Aptitude Tests 78

HRsoft

MAY 20, 2019

Top performers will be expecting a large pay raise, and according to Mercer’s research, employers anticipate salaries to rise by 3.4% Factors like great healthcare benefits, retirement planning, work/life balance, growth and development opportunities, and strong leadership can also influence an employee’s desire to remain with the company.

Compensation 74

Compensation Trends Planning Tools Recruiting Software 74

Extensis

MARCH 22, 2022

Here are five ways you can help your SMB clients contain healthcare benefit costs without reducing coverage. In today’s competitive marketplace for top talent, small- and medium-sized businesses (SMBs) recognize the need to develop more robust healthcare benefits as a means of attracting and retaining employees.

Planning Tools 75

Planning Tools Competencies Survey Immedis 75

HiBob

FEBRUARY 28, 2024

Best practices for rolling out benefits Encouraging people to take advantage of their benefits is a cornerstone of a healthy company culture. And it starts at the top—from using vacation days and going offline at a reasonable time to using healthcare benefits and food and travel subsidies.

Compensation 78

Compensation Employee Benefits How To HR Software 78

Best Money Moves

OCTOBER 16, 2018

Employee benefits success is all about communication. A third of compensation costs go towards employee benefits and some employees would forgo a raise for better work-life balance or better healthcare benefits, but almost half of employees don’t even understand the benefits their employer already offers.

Employee Benefits 69

Employee Benefits Compensation Trends Compliance Training 69

Recruiters Lineup

NOVEMBER 21, 2023

Before delving into the hiring process, it’s essential to research the industry trends, job demands, and salary expectations. As companies around the world expand their operations and seek to tap into the vast opportunities the Asia-Pacific region presents, hiring top-notch talent in Hong Kong has become a strategic imperative.

Hiring Software 74

Hiring Software Recruiting Software Wage and Hour Training Interview Software 74

Extensis

JULY 10, 2023

This dilemma is inspiring 49% of companies to invest in improving HR management. From tax forms to benefits renewals, a consistent cycle of paperwork tends to overshadow the impactful actions of people operations. In fact, 75% of patients are wanting deeper personalization in healthcare from providers.

AI Recruiting 98

AI Recruiting HR Planning Hiring Software HR Software 98

Heyyy HR!

JUNE 5, 2024

Do you understand that there is a difference between positions with the same job title, but different locations, industries, and company sizes? In different regions (countries or states), company sizes, and industries, salaries can vary. Are you confused about the salary for different roles?

Wage and Hour Training 60

Wage and Hour Training HR Planning Hiring Software Strategy 60

Digital HR Tech

NOVEMBER 21, 2019

For an in-depth article on this key part of Human Resource Management, check out our full guide on Compensation and Benefits. What are the four major types of employee benefits? Nowadays, however, there are other types of employee benefits too. Nowadays, however, there are other types of employee benefits too.

Employee Benefits 72

Employee Benefits HR Planning HR Software Survey 72

HR Lineup

FEBRUARY 13, 2023

Gallagher is a leading insurance brokerage and risk management company that provides comprehensive employee benefits and wellbeing solutions to organizations. The company understands that a healthy and happy workforce is essential for the success of any organization.

Assessment Software 52

Assessment Software Planning Tools HR Software Employee Benefits 52