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Amazon invests $1.3 billion in pay for US employees

Employee Benefits

“A fulfillment or transportation employee who starts with us today will see a 13% increase in pay over the next three years, likely more, including our annual wage investments, and that’s on top of offerings like prepaid college tuition with career choice and healthcare benefits from day one.”

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9 Benefits Of HR Outsourcing Solutions

Genesis HR Solutions

PEO clients gain access to large group benefits that are usually available only to bigger companies. For example, small and medium-sized GenesisHR clients have access to healthcare benefits offered by Blue Cross Blue Shield of Massachusetts, including several plan options. Benefits reconciliation. 401(k) plans.

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Employee Benefits Success is All About Communication

Best Money Moves

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.

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How to Improve All 5 Areas of Employee Wellness in 2020

Best Money Moves

Expand healthcare benefits. Enroll employees in a 401(k) or a comparable retirement savings program. Offer a student loan repayment benefit. percent) in 50 years will be won with employee wellness benefits that retain current workers and attract new hires. How Can Employers Improve Physical Wellness?

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What is Financial Toxicity?

Best Money Moves

The truth is many employees need help navigating healthcare benefits to lower out of pocket expenses and avoid , “financial toxicity.”. When employees contribute 2% of their salary to paying down student loans Abbott Laboratories will pay the equivalent of 5% of an employee’s salary to to their 401(k).

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4 Health Insurance Options For Small Business Owners

Genesis HR Solutions

If you’re a small or midsize business looking for excellent healthcare benefits for your employees, GenesisHR can help. We are proud to have best-in-class provider Blue Cross Blue Shield of Massachusetts as our healthcare partner. Which health insurance option is best for your small business? Connect with Genesis to get answers.

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Here’s What You Need to Know About Stop-Loss Health Insurance

Griffin Benefits

One solution means looking inward: transitioning from the fully funded model of healthcare benefits to self-funded health plans featuring stop-loss insurance. Add to that considerable pipeline of new medicines to treat specialty diseases, including gene cell therapies, RNA therapies, immuno-oncology treatments, etc.,