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To learn more about how their technologies complement the Bullhorn ecosystem and help make onboarding a painless process, we sat down with Zoe Perlongo and Alan Gilbert from Essential StaffCARE and Kara Margraf and Brendan Duffy from IntelAgree. How does what you do benefit both staffing firms and candidates?
To learn more about how their technologies complement the Bullhorn ecosystem and help make onboarding a painless process, we sat down with Zoe Perlongo and Alan Gilbert from Essential StaffCARE and Kara Margraf and Brendan Duffy from IntelAgree. How does what you do benefit both staffing firms and candidates?
Are you having trouble making budgeting and workforce planning decisions due to the large number of seasonal and part-time workers you have? In this article, I’ll teach you how to calculate FTE and provide a list of real-world uses and benefits, so stick around to learn more. Why calculate FTE? full-time employees.
Healthcare and Benefits Access to comprehensive healthcare and benefits is a significant demand. They are pushing for better health plans that include medical, dental, and vision care. Moreover, workers want to ensure that their benefits are protected even in the event of economic downturns.
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When current and future employees examine a company’s benefits package, they typically expect to see employer-sponsored health insurance among the offerings. Likewise, attractive plans become a selling point when interviewing job candidates. Sixty-three percent of participants planned on increased investment in this area.
The percentage of employers offering healthcarebenefits to employees’ dependent grandchildren is on a steep rise, doubling in the past two years, according to a recent report by the International Foundation of Employee BenefitPlans. Comprehensive dependent coverage is also a powerful attraction and retention tool.”
Savvy staffing executives must leverage social media platforms to attract a younger pool of workers. A recent report revealed 73% of companies planned to hire more than 100 people. Leadership and teams have extraordinary gaps that call for innovative solutions to attract the necessary staff. Part-time benefits.
Like a car owner’s manual in the glovebox, it’s okay if the majority of healthcare paperwork gets filed away for emergencies. LEARN: Employee Benefits Management: Getting the Most Out of Your BenefitsPlan Employee satisfaction Healthcarebenefits are great tools for recruiting, retention, and overall employee satisfaction.
Many employers place a strong emphasis on academic achievements, particularly in fields such as technology and engineering. With advancements in technology, virtual interviews have become more prevalent, enabling organizations to reach a broader pool of candidates.
Employees don’t open benefits materials : The vast majority of employees don’t educate themselves on their benefit options, according to research from the International Foundation of Employee BenefitPlans. Just one-third of employees (34%) have a high level of understanding of health benefits. Read more here.
Teachers often plan a few weeks of catch-up lessons every fall. Advertisement - There’s also a good chance that, as employees are growing in their personal lives, they need reminders of how these benefits can continue to meet their needs. It’s a way to remind students what they learned last year but mostly forgot over summer vacation.
For companies that hadn’t offered healthcarebenefits in the past, the pandemic may have shifted priorities to provide coverage for staffers. Many are now finding the cost/benefit ratio has shifted toward offering at least basic health coverage. Adopting safety protocols . For some, the transition has been smooth.
Persistent inflation and the high cost of new medical technologies are among the drivers that will contribute to another year of sharply rising global healthcarebenefits costs in 2024, according to the WTW Global Medical Trends Survey released this week. in 2024 compared with this year. Related: U.S. Related: U.S.
Brokers who partner with a professional employer organization (PEO) provide their small- and medium-sized business (SMB) clients access to premium benefits at approachable costs, which are typically reserved for larger companies. So, what should SMBs keep in mind for the coming months? An HSA offers advantages for employees and employers.
One solution is seasonality. These are all areas where your organization’s employee benefits can help. Your financial wellness program is all about saving money, for example, while your wellness program and healthcarebenefits can help employees gain control of their mental and physical wellbeing. June: Vacation Time!
According to WTW’s 2024 Best Practices in Healthcare Survey , employers project their healthcare costs will increase by 7.7% 4 reasons behind rising healthcare costs The following factors are contributing to the continued rise of healthcare costs: 1. in 2025 , compared to 6.9% in 2024 and 6.5%
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This is a main factor when choosing benefitplans , causing brokers and SMBs to search for a solution appreciated by everyone. At the surface level, it seems the simplest way is to provide a few benefit options and require employees to choose from whats available.
They are usually paid through the health benefitplan, and the payment model is usually fee-for-service. Virtual primary care (VPC) is increasingly offered by health plans and by third-party vendors, and allows for patient care anywhere in the country. Many also now offer virtual visit options.
Younger generations are particularly vulnerable, with 72% unable to afford $1,000 in out-of-pocket healthcare costs. Employers can help by offering more comprehensive health plans that minimize out-of-pocket costs from the start. To learn more about Best Money Moves Financial Wellness Platform, let’s schedule a call.
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That number doesn’t include medium- and small-sized businesses, which also have embraced the benefit. Telehealth, usually defined as medical care delivered via telephone, visual technology or a combination of the two, can often replace more costly trips to the doctor’s office, urgent care center or emergency room.
Paid time off (PTO) has been a strong hiring, recruiting, and retention tool for employers. The shift towards a more flexible workplace is backed by other studies, such as the new Survey on Absence and Disability Management by Mercer, the employee healthcare and investment consulting firm. Communicating policy changes.
Sales-specific tools can provide in-depth customer insights and help boost conversions. A report revealed that sales reps who leveraged technology and automation tools were 14% more successful than others. As an HR leader, you can reach out to the sales team to understand their challenges and areas in technology to support them.
Your current benefits need to keep pace. 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.
Being able to offer a comprehensive benefits package that goes beyond traditional medical, dental and vision plans is one way we can help them differentiate themselves,” said PeopleStrategy CEO, Randy Cooper. About New Benefits. . — (September 24, 2019 ) — PeopleStrategy, Inc.® About PeopleStrategy, Inc.
Reviewing their plan may also expand their ability to receive prescription drugs and specialized care for certain illnesses. A MetLife survey found that 30% of Gen Z workers regretted their open enrollment decisions, with over 25% saying they didn’t select enough benefits during the year before.
This process involves integrating new hires into the company culture, providing them with the necessary tools and information, and ensuring a smooth transition into their roles. Employers in the Bahamas often provide training sessions to familiarize new employees with job-specific tasks, tools, and technologies.
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As companies face financial headwinds and continuing employee turnover and hiring challenges, benefits that support total health and wellbeing are increasingly essential for employee engagement, loyalty and retention. However, inflation is causing the cost of healthcarebenefits to spike for employers. in 2023. .
Everything you need to know about Healthcare Hiring Healthcare executives agree that the greatest challenge to hospitals and health systems in 2022 was a chronic staff shortage, fueled by industry-wide competition for top talent and high turnover rates.
The MHPAEA proposed mental healthcarebenefits to be provided on the same level as physical benefits under covered health plans. When setting out-of-network rates, health plans will be required to use similar factors for mental health providers as used for medical providers.
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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? Review studies on employees and benefits.
The company, which provides scheduling and collaboration software for shift-based workplaces, is headed by CEO Martin Hartshorne. He points to Slack, Microsoft Teams and Zoom as examples of popular platforms that offer combinations of workspace chat, videoconferencing, social networking, file storage and distance education.
A lack of healthcarebenefits is causing financial toxicity for employees across the country. The truth is many employees need help navigating healthcarebenefits to lower out of pocket expenses and avoid , “financial toxicity.”. And I don’t get good information about which patient is which.”.
However, when it comes to financial assistance, too many organizations focus solely on helping employees plan for retirement. A fully comprehensive financial wellness plan can help addresses a wide range of employee concerns. Mental health benefits can come in many forms. Contact us and we’ll reach out to you soon.
Marriott has announced that it will furlough tens of thousands of employees, excluding them from the payroll while allowing them to keep their healthcarebenefits. . This will create confusion over the future staffing condition and the plan to restore normal operations after the furlough time is over. . Pros of Layoffs .
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Here is an example of a real-life scenario you could consider adding to your benefits package to help clarify the option to employees. HealthcareBenefits Comparison: Two Plan Options Scenario: Sarah, an employee at ABC Tech Solutions, is evaluating her health plan options.
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