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
Several trends in traditional and non-traditional benefits are poised to transform the HR and benefits landscapes. GENERAL TRENDS Rapid technological advancements and shifting employee expectations have added another layer to recruiting and retaining top talent. Let us help you successfully navigate everything 2024 has in store.
Key Services: Workforce and Talent Strategy EmployeeBenefits and Compensation Management HR Technology Solutions Health and Wellness Programs Global Mobility Services Why It Stands Out Mercer’s focus on employeebenefits and total rewards strategies is particularly noteworthy.
Acquire labor law posters: Confirm you have all required posters for 2025 and display them in common areas to keep employeesinformed of their rights and workplace policies. Please refer to your regional and industry-specific legal guidelines or consult your legal counsel for detailed and specific information.
As a broker-friendly professional employer organization (PEO) , ExtensisHR strives to keep its partner community informed of the latest industry developments. To foster success in 2025, clients should confirm their benefits packages remain relevant or adjust them accordingly.
Unlock the secrets to transforming your organization’s employeebenefits into a strategic tool for Diversity, Equity, and Inclusion (DEI). During this informative session, we will discuss common pitfalls in traditional benefits and then delve into the essence of DEI in employee-centric benefit offerings.
Key Features: Real-time workforce insights : Provides advanced analytics to help businesses monitor headcount trends and make informed decisions. Employee self-service : Provides a platform for employees to manage their information, improving efficiency.
With professional HR support, businesses minimize financial risks and ensure that compensation, benefits, and legal matters are handled accurately. For start-ups and growing businesses, outsourcing HR can also eliminate the need for large upfront investments in HR software and employeebenefits programs.
First off, businesses are legally obligated to pay their employees timely and accurately. When a company hires an employee, each party enters into an agreement centered on payment for labor combined with an employeebenefits package. This information can be collected from new hires during the onboarding process.
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.
Speaker: Sharell Thomas-Hodge - Total Rewards Director, Speaker, Coach, and Consultant
The employeebenefits landscape has changed significantly since the pandemic. As a result, benefits products and services have evolved and will continue to do so. Employee preferences are also evolving. How do you find the balance between equity, diversity, alignment, and affordable benefits?
Please refer to your regional and industry-specific legal guidelines or consult your legal counsel for detailed and specific information. Provide perks : While seasonal staff may not qualify for traditional employeebenefits, a monetary bonus for finishing out the season can incentivize them to come back.
Quick look: Open enrollment is a critical period for small- and medium-sized businesses (SMBs), when employees select their benefits for the upcoming year. For employers, it can be a complex and time-consuming process, fraught with paperwork, deadlines, and the need to ensure that all employees are well-informed and supported.
Revisiting an organization’s employeebenefits package is essential to ensure their offerings remain competitive, sparking the need for deeper, more strategic discussions. Additionally, staff value increased education and transparency to ensure they’re making well-informed decisions.
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. This also plays a part in mental health, as employees with more on their mind are more distracted and less productive.
That doesn’t necessarily mean that employers need to reinvent the wheel regarding employeebenefits. Rather, Gillies says, HR and benefits leaders can help their organization stand out with a “twist” on benefits already available in the market. The second thing is we make it fun. The second is digital learning platforms.
It showcases company culture, highlights employeebenefits, and gives prospective employees a sense of what life would be like working there. A well-crafted video captures attention quickly, making it easier to convey key messages about the role, expectations, and employeebenefits in an engaging format.
What do you think of when employeebenefits are mentioned? Organizations often fail to go beyond these standard benefits, and if they do, it’s with a few additions that are selected without much thought and seldom improved. Find out what your employees want out of an employeebenefits program.
Quick look: SHRM recently released its annual employeebenefits survey depicting what benefits remain high-priority and which are trending upward. Though the popularity of some benefits may not come as a surprise, there are a few important changes to note which brokers can help their clients get ready for.
HR/HCM/Compliance Aon Acquires NFP in the Benefits Space : Aon, a global professional services firm, acquired NFP to strengthen its employeebenefits solutions. This acquisition highlights the growing focus on comprehensive benefits packages to attract and retain talent.
When it comes to 2025 employeebenefits 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.
Data Unbound: Breaking Down HR Silos for Smarter Insights The modern workplace thrives on information. Realizing the Business Value of Analytics Improved Decision-Making When all data is consolidated, leadership teams can make better-informed decisions. That level of responsiveness is only possible when information flows freely.
Key features: Customizable workflows: Streamline HR processes like employee onboarding , performance management, and offboarding, and tailor each process to fit your organization’s unique needs People analytics: Access real-time data and insights to make informed decisions and track key metrics like employee engagement , turnover rates, and productivity (..)
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.
If you’ve never been asked if you would like to participate in an employeebenefits account before, you might be asking yourself, “What are all these acronyms?” Subscribe to our blog to stay updated on all the benefitsinformation!
Employeebenefits play a crucial role in attracting, retaining, and motivating top talent in any organization. However, the effectiveness of these benefits heavily depends on how much they address the needs of your workforce and how well they are communicated to your employees.
While corporate employeesbenefit from AI-powered efficiencies and streamlined digital tools, many frontline workers still rely on outdated methods such as paper forms and manual scheduling. Similarly, HR can guide managers in using informal recognition and praise, building a culture where frontline employees feel seen and heard.
EmployeeBenefits Administration: Handling health insurance, retirement plans, and other perks to ensure employees receive their entitled benefits. Data Security Concerns: Sharing sensitive employeeinformation with a third party increases the risk of data breaches, requiring strict security measures.
Faced with rising costs in a high-turnover industry, InfoCision realized the need to change its approach to employeebenefits. Acknowledging the tangible impact of employee financial stress on engagement and productivity, InfoCision began searching for solutions focused on employee financial wellness.
Employeebenefits are a cornerstone of workplace success. Understanding and managing the different types of employeebenefits is essential for attracting, retaining, and motivating a strong workforce. What are EmployeeBenefits? Employeebenefits are often referred to as staff benefits or employee perks.
It automates payroll processing, streamlines employeebenefits administration, and provides compliance assistance to ensure adherence to labor laws. Gusto For small healthcare practices, Gusto is a straightforward HR and payroll platform that offers essential HR tools at an affordable price.
Here are a few key strategies: Provide Competitive Wages and Benefits One way to better attract and retain top talent is to offer competitive salaries, attractive benefit packages (including health insurance, paid time off (PTO), and retirement plans), and flexible scheduling options.
It’s also a great way to build your employer’s reputation and enhance your recruiting outcomes, as candidates want positive reviews from past employees and a solid commitment to career development in potential employers. Check out the HCM FAQs below for more information. What is human capital?
But there’s one area where you can make a huge impact—your employeebenefits package. Additionally, they assist with childcare costs when employees return to work, demonstrating a strong commitment to fostering a family-friendly environment. Take Mustard Made , for example.
Handling employeebenefits and other HR services in-house is extremely difficult for many small businesses. According to research by Secure Data Recovery, 88% of employees have worked at a small business without a dedicated HR team. Pricing will also vary, so you should plan your budget before reviewing PEOs.
Despite this added stress, however, reducing work hours can still be a great option for organizations who need to limit their expenses without laying off employees. They can eliminate costs associated with working hours and employeebenefits, while still maintaining the size of their workforce.
A Benefits Administration system is a software solution designed to streamline and manage employeebenefits programs. These systems are integral to Human Resources (HR) departments as they handle various tasks associated with full benefit management , such as enrollment, tracking, and compliance.
Apple Pay or GooglePay) More recently, fintech has entered the landscape of employeebenefits and compensation. Financial wellness is top of mind for employees and employers. Investing in fintech solution can help simplify benefits and support employee well-being.
Human Resource Information Systems (HRIS) and HR Management Systems are at the forefront of this technological revolution, offering comprehensive solutions that streamline HR operations and mitigate the complexities associated with manual processes. The integration of HRIS and HR Management Systems also facilitates better decision-making.
A total rewards program for employees includes four major components: compensation, employeebenefits, well-being, recognition, and development. Compensation Compensation is the total amount paid to an employee by their employer. Additionally, workers should be trained on what’s available to them.
HR KPIs provide valuable insights that help improve decision-making, monitor workforce performance, and plan for future talent needs in multiple ways, such as: Aligning HR activities with business goals: HR uses KPIs to ensure that its strategies, like hiring or employee development, contribute directly to broader company objectives.
Employee wellbeing is a holistic concept that encompasses physical, mental, and emotional health. While traditional employeebenefits have played a crucial role in promoting wellbeing, the evolving understanding of health demands a more personalized approach to benefits.
Employers stand on the edge of a major shift in employeebenefits. Put simply, outdated benefits just don't cut it. The right tech can solve these challenges and take benefits to the next level. So, how can emerging benefits trends give organisations insight to shape their next move?
Employeebenefits software is a powerful tool to enhance your employee rewards programme. To get real value from your benefits programme, you need to keep employeesinformed and engaged, and make sure they actively use their perks all year round But can your people make the most of it?
With an online applicant posting service , providing candidates with the required information can be easy. Now I don’t want to take this conversation too far off topic, but I believe there is one more advantage to having an online applicant posting service when recruiting: Employees get used to having information delivered in that format.
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