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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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How to Improve All 5 Areas of Employee Wellness in 2020

Best Money Moves

Improved employee wellness helps employees perform better and saves money in healthcare costs and turnover. 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. . Expand healthcare benefits.

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

Griffin Benefits

Employers of every size continue to struggle with the rising costs of healthcare, which ultimately increases the cost of medical premiums for everyone. One solution means looking inward: transitioning from the fully funded model of healthcare benefits to self-funded health plans featuring stop-loss insurance. WANT TO LEARN MORE?

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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. Connect with Genesis to get answers.