HR Professionals Magazine

FEBRUARY 3, 2024

By Chuck Stinson The McGriff Retirement Benefit Survey, a follow-up to our 2023 National Benefit Trend Survey, provides a comprehensive view of retirement plan trends across a diverse landscape of industries and company sizes.

Retirement Plan 52

Retirement Plan 401(k) Pension Benefits Package 52

HR Professionals Magazine

JULY 26, 2022

Before we jump into another exhilarating talk around 401(k) legislation (please sense my sarcasm), I want you to take a few seconds and ask yourself why it all truly matters. Sure, 401(k)s are an incredibly important part of a company’s total benefits package. I can tell you; it is not a pretty sight.

401(k) 52

401(k) Benefits Package Retirement Plan Government 52

Best Money Moves

JUNE 1, 2022

5 benefits to help employees cope with inflation. Here’s how employers can support their teams cope with inflation with the right benefits choices. . A few great ways for employers to assist employees are auto-enrolled retirement plans and increasing 401(k) contributions.

401(k) 115

401(k) Out of Pocket Cost Benefits Package Finance 115

PeopleStrategy

OCTOBER 3, 2023

The importance of benefits became abundantly clear over the last couple of years as companies strived to retain top talent and recruit in-demand employees. A flexible benefits package that addresses health, family, career development, and financial well-being will help attract and retain a talented and satisfied multigenerational workforce.

401(k) 52

401(k) Retirement Plan Parental Leave Health Savings Account 52

HR Lineup

MAY 10, 2023

The company was founded in 2008, and since then, it has grown to become one of the leading providers of employee benefits services in the US. The platform offers a wide range of benefits administration solutions, including health and wellness programs, retirement planning, and employee insurance plans.

401(k) 52

401(k) Insurance Carriers Retirement Plan Disability Insurance 52

Vantage Circle

SEPTEMBER 23, 2023

If you sincerely believe that, you take it seriously and invest more in employee benefits. Why Are Employee Benefits Important? In the dynamic arena of modern employment, employee benefits aren’t just perks; they are essential components of a thriving organization. Employees are a company's most valuable asset.

Family and Medical Leave Act 59

Family and Medical Leave Act Employee Benefits 401(k) Employment 59

Genesis HR Solutions

SEPTEMBER 22, 2020

For many small businesses, the struggle to compete with larger companies for talent is an uphill battle—particularly when it comes to benefit offerings. While you know recruiting and retention is important, you may not be sure if the benefits you offer are a selling point to your potential employees. Retirement. Disability.

401(k) 98

401(k) Employee Benefits Disability Insurance roth 401(k) 98

HR Lineup

FEBRUARY 9, 2023

The platform offers a suite of tools and services to help companies manage their employees, benefits, payroll, compliance, and more. In addition to payroll, Justworks also offers a range of benefits management tools, including health insurance, 401(k) retirement plans, and other benefits.

401(k) 52

401(k) Payroll System Retirement Plan Payroll 52

Higginbotham

OCTOBER 5, 2023

The Evolution of Employee Benefits Employee benefits have come a long way since the days of basic health insurance coverage with a savings retirement plan thrown in. As the workforce has evolved, so too have employees’ expectations when it comes to traditional employee benefits.

Health Insurance 52

Health Insurance Employee Benefits Insurance 401(k) 52

Genesis HR Solutions

JULY 3, 2019

Though your benefits package may be quite substantial, your employees may not know or understand the real value of the benefits you offer. And they may continue to remain unaware of the “hidden” benefits they are receiving even as healthcare costs rise, and you, the employer, absorb the increases. Commissions.

401(k) 40

401(k) Commissions Retirement Plan IT 40

Business Management Daily

APRIL 29, 2024

In this blog, we’ll talk about different types of fringe benefits and how employers can make the most of what’s available. Finding employee fringe benefits The field of workplace perks has become an industry of its own. Plus, many of them deal with the IRS on your behalf to handle taxable fringe benefits. It’s a touchy subject.

Out of Pocket Cost 84

Out of Pocket Cost PTO 401(k) Deductions 84

Insperity

OCTOBER 17, 2023

Additionally, your HR team can make it easy and convenient for employees to access their benefits and conduct HR-related tasks online via a self-service portal. Specifically, HR personnel can: Communicate transparently with employees. As it turns out, you can.

Employee Retention 102

Employee Retention 401(k) Benefits Package Construction 102

Higginbotham

NOVEMBER 2, 2023

Financial wellness benefits can help employees tackle their money challenges. However, there are many types of personal financial wellness benefits, each catering to unique needs. When creating your organization’s financial wellness benefits package, consider the specific financial challenges impacting your employees.

401(k) 52

401(k) Disability Insurance Benefits Package Insurance 52

Higginbotham

DECEMBER 21, 2023

A future of work with an emphasis on holistic well-being is a clear departure from the conventional focus on physical health benefits. Every organization must accommodate flexible work arrangements, remote-friendly policies and benefits that support the unique challenges of working remotely.

401(k) 52

401(k) Benefits Package Retirement Plan Flexible Spending Account 52

Hppy

JANUARY 17, 2023

One of the key ways to retain employees is through effective compensation and benefits packages. . The purpose of this article is to explore the role of compensation and benefits in employee retention, highlighting the importance of these factors and providing best practices for designing and implementing effective packages.

Benefits Package 36

Benefits Package Retirement Plan Health Insurance Employee Retention 36

Best Money Moves

OCTOBER 7, 2020

As far as retirement, 71 percent of employees expect the pandemic to impact their plans , according to research by TD Ameritrade. 30 percent want information on retirement plans. More on Topics Related to Why Financial Wellness Is a Must-Have Employee Benefit. How to Choose Your Benefits Package for 2021.

Employee Benefits 105

Employee Benefits 401(k) Banking Retirement Plan 105

Vantage Circle

JULY 5, 2019

Employees are worried about their money and roughly half are stressed about their finances and have said that their retirement plans will not be enough to support them after retirement. Consider the 401K plan, which is also a financial benefit existing way before than other benefits that organizations opt for.

401(k) 90

401(k) Retirement Plan Finance Education 90

Insperity

FEBRUARY 13, 2018

Start by offering a solid benefits package that includes a great portfolio of health insurance options to choose from. This alone can help ease some of your employees’ money concerns because they will have the opportunity to get things like medical insurance, disability, flexible spending accounts, retirement plans and more.

401(k) 72

401(k) Disability Insurance Flexible Spending Account Deductions 72

PeopleStrategy

MAY 6, 2019

It’s critical to understand which benefits are most important to them so you’ll create the best employee benefits packages across the workforce. “Identifying generational priorities is essential to benefits administration.” Retirement-planning priorities.

401(k) 40

401(k) Retirement Plan Benefits Package Human Resources 40

Business Management Daily

FEBRUARY 16, 2024

Have a plan and look for ways to improve. Bonus packages shouldn’t be the carrot on a stick to earning a competitive salary, whether or not people meet their quotas. There’s just no substitute for paying people a competitive salary and giving them the benefits package they need to thrive outside of work.

Food 87

Food Retirement Plan 401(k) Bonuses 87

Insperity

FEBRUARY 20, 2020

Employees feel involved in having autonomy to have a flexible work schedule resulting in employers benefiting from employees who feel valued. On the other hand, perks are company-wide extras that elevate your benefits and compensation package and set it apart. And note that this workplace perk doesn’t cost the employer a dime.

401(k) 97

401(k) Paid Vacation Disability Insurance Insurance 97

Hppy

DECEMBER 25, 2023

So if you’re aiming to overhaul your efforts to not only attract the right people, but also keep them committed to the company in the long term, this guide will give you the motivation to see your plans through, and a framework for what they should look like as well. It appears so!

Employee Benefits 45

Employee Benefits Benefits Package 401(k) Parental Leave 45

Vantage Circle

SEPTEMBER 16, 2021

A good ESOP plan (employee stock ownership plan) is an excellent tool for business owners to help raise their company's value and take their business to the next level. In that case, you might want to consider implementing an ESOP plan. ESOP plans are one of the best ways of employee retention and loyalty.

401(k) 52

401(k) Employee Stock Option Profit Sharing Plan Taxes 52

Empuls

APRIL 28, 2023

Providing a comprehensive benefits package is essential for keeping employees happy, healthy, and motivated. From healthcare and retirement plans to flexible work arrangements and professional development opportunities, employees are looking for a comprehensive benefits package that meets their unique needs and preferences.

Family and Medical Leave Act 40

Family and Medical Leave Act Employee Benefits Parental Leave Benefits Package 40

Winston Benefits

JANUARY 16, 2018

As a result, engineering firms offer top-of-the-line employee benefits to get the talent they need, although benefits packages can vary widely across an organization, depending on the position, location and collective bargaining status. Here are some of the top benefits among engineering firms.

Engineering 49

Engineering 401(k) Benefits Package Parental Leave 49

Empuls

MAY 7, 2023

Employee benefits statistics to support why they are so important in 2023 Employee benefits are important for several reasons: They can help companies attract and retain top talent. In a competitive job market, prospective employees often consider the benefits package as a major factor in their decision to accept a job offer or not.

Employee Benefits 40

Employee Benefits Parental Leave Health Insurance Benefit Providers 40

Insperity

FEBRUARY 15, 2018

Have you gotten so bogged down in tactical and administrative human resource tasks that you have little time left for strategy and planning? Competing companies are wooing your employees with five-star benefit packages. In other words, can your benefits package compete with the “big guys?”. How did this happen?”

401(k) 67

401(k) Professional Employer Organization Benefits Package Payroll 67

Empuls

MAY 8, 2023

Personalized employee benefits are a form of indirect compensation and perks that are outside of the agreed wage or salary live party and travel tickets, access to some interesting gadgets, design tools, performance awards, tuition funding, student loan assistance, etc. How do personalized employee benefits affect your business?

Benefits Package 52

Benefits Package Employee Benefits 401(k) Retirement Plan 52

Empuls

SEPTEMBER 25, 2023

Whether it’s about ergonomics or emergency response plans, HR professionals should ensure that their organizations are following the most current safety standards. Given these changes, HR departments need to reassess their benefits packages to make sure they are not only competitive but also in full legal compliance.

Family and Medical Leave Act 40

Family and Medical Leave Act Overtime 401(k) Benefits Package 40

Insperity

APRIL 28, 2022

Benefits: Don’t skimp on the details when it comes to what your company offers. These are just a few examples of the many fringe benefits you may have. What are the perks and other aspects of the company culture that make your organization unique? Don’t give the high-level overview – provide details. Prepare for their questions.

401(k) 87

401(k) Paid Vacation Bonuses Health 87

Vantage Circle

NOVEMBER 30, 2022

But rather than a warning, consider it a disclaimer on how to offer extrinsic rewards in a way that will reap the maximum benefits. People do want the extras like great culture, benefits, and so on. Deadlines would be met sooner, people would be more motivated, and productivity would skyrocket. Definition Of Extrinsic Rewards.

PTO 105

PTO Profit Sharing Plan Bonuses Paid Leave 105

Insperity

OCTOBER 2, 2018

Robust benefits. A PEO can help you provide your employees with access to competitive benefits that include medical, dental and vision insurance, 401(k) retirement plans and much more. A comprehensive benefits package can help you attract and retain top talent. Recruiting services.

Taxes 70

Taxes 401(k) Payroll Professional Employer Organization 70

Vantage Circle

AUGUST 23, 2018

As the name suggests, these are benefits where an employee is paid even when he takes time off from work. An extension of this benefit is providing unlimited vacation. Many companies providing this benefit have seen it be the most popular benefit among their employees. Retirement Plans. Paid Vacation.

Employee Benefits 63

Employee Benefits Parental Leave Paid Sick Leave Benefits Package 63

Insperity

MARCH 12, 2024

Launching a successful benefits program in your workplace calls for a savvy employee benefits strategy. Here, we’ll cover everything you need to know about employee benefits. Retirement plans Employees want to be able to save for retirement and plan for their futures.

Family and Medical Leave Act 57

Family and Medical Leave Act Employee Benefits PTO 401(k) 57

Vantage Circle

NOVEMBER 23, 2023

These incentives span a wide array, from health benefits and retirement plans to flexible work arrangements, financial bonuses, and professional development opportunities. The Bill & Melinda Gates Foundation provides a great benefits package to its employees. And what are HR’s going to gain from it?

Family and Medical Leave Act 64

Family and Medical Leave Act 401(k) Retirement Plan roth 401(k) 64

Achievers

JUNE 6, 2022

What do you think of when employee benefits are mentioned? Traditional offerings like health insurance and retirement plans are likely the first things that come to mind. Offer great rewards as a benefit. As noted above, a points-based reward system is a great incentive , as are benefits focused on promoting wellness.

Employee Benefits 241

Employee Benefits Family and Medical Leave Act 401(k) Retirement Plan 241

Higginbotham

OCTOBER 14, 2022

If you want to secure the best talent, you need to offer the best employee benefits. Employee benefits for small businesses can support many goals, including retention, recruitment, engagement, workplace culture and even the company’s bottom line. The Benefits of Employee Benefits. Retirement Plans.

Employee Benefits 52

Employee Benefits Family and Medical Leave Act Disability Insurance Paid Sick Leave 52