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The Dire Need for a Meaningful Fringe Increase

AssuredPartners

For the thousands of federal contractors working under SCA regulations, that number is crucial for employee morale and the strength of an employer’s benefits package. For better or worse, the fringe rate dictates what employers are able to spend on health and welfare benefits. All eyes are on the fringe!

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How to Choose a Health Care Plan

Insperity

Choosing a health care plan is not an easy task. Some employers send out surveys to their employees to get more insight on what they want included in the company’s health care plan. Health Care Costs. Consider monthly premiums and out-of-pocket co-pays and deductibles. . Health Plan Benefits and Choices.

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How Does Providing Instant Loans to Employees Help in Employee Retention?

Empuls

This is the reason why most of the companies go above and beyond to provide better welfare programs and other things that help them in taking care of their employees. In some cases, the loan amount may be deducted from the employee's salary in installments, while in others, it may be repaid in a lump sum.

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9 Employee Discount Schemes to Consider in the UK for Employes

Empuls

78 percent of employees agree that the benefits package, including discount schemes, helps them accept or reject a job. 85 percent of employees also believe that their companies do not meet their expectations regarding benefits offered to them in the form of discount schemes or others.

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Steps In Benefits Administration For New Hires: 6 Best Practices

Genesis HR Solutions

Before you can let your new hires choose what benefits they’d like, you must first define the type of benefits you’re administering and which employees are eligible to receive them. Types of benefits include: Health and welfare benefits: Typically medical, dental, vision, disability, and life insurance products.

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Modules of a Human Resource Management System

Qandle

Employees, for instance, are able to bring their life-change events (marriages, babies, and the like) up to date, as well as locate their benefit statements and pay stubs, and make requests for time off and sick leave. Features often seen in modules for benefits administration include the following: Online open enrollment.