Hootsuite uses feedback from LGBTQIA+ employees to inform its benefits package
Employee Benefits
JANUARY 11, 2023
The post Hootsuite uses feedback from LGBTQIA+ employees to inform its benefits package appeared first on Employee Benefits.
Do total reward statements still engage employees with their benefits packages?
Employee Benefits
NOVEMBER 20, 2023
Credit: Julia Sudnitskaya / Shuuterstock.com A total reward statement provides an overview of an employment package and its value. A personalised benefits package can help to engage employees with their benefits because it is specifically relevant to them. appeared first on Employee Benefits.
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Creating a Company Culture of Care: Integrating Mental Health, Wellbeing, and DEI in Benefits
Trending Sources
Two-thirds of Small Firms Are Boosting Their Benefits Packages: Poll
InterWest Insurance Services
AUGUST 30, 2022
By enhancing benefits packages with an emphasis on physical, mental, financial and social well-being, employers can channel these concerns into action. Seven in 10 employees surveyed told MetLife researchers that a flexible, customizable benefits package would increase their loyalty to their employer. Focus groups: 26%.
Rethinking Employee Benefits Package: Why Personalization is the Key?
Empuls
MAY 8, 2023
On the flip side, personalized benefit packages fully rely on the inputs, painpoints and needs of your potential workers or existing employees. When you offer a listening ear and respond with a tailored benefits package, you don’t need to be worried about losing your most skilled employee.
How employee feedback can inform a benefits strategy
Employee Benefits
OCTOBER 11, 2023
Tech platforms and channels enable employees to share their thoughts about their employee experience, including benefits, at any time, providing a continual source of valuable feedback. When it comes to employee engagement , retention and performance, the employee benefits package plays a crucial role.
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How to get the best value from your employee benefits package
Employee Benefits
MARCH 31, 2023
A well implemented employee benefits package helps to support your employees with many of their needs. There are some costs that come with implementing employee benefits but when it comes to the advantages your business and your employees gain, it’s more than worth it.
What employees expect from benefits packages
Business Management Daily
SEPTEMBER 15, 2021
Offering an attractive employee benefits package helps lure top talent and encourages the retention of your best team members. Presenting a good employee benefits package often gives one employer an edge over another, especially in cases where basic salaries are relatively equal. There’s no one-size-fits-all answer.
How to Choose Your Benefits Package for 2021
Best Money Moves
JULY 15, 2020
How to choose your benefits package for 2021. How to determine which benefits are most important to employees and support a more productive workforce. Employee benefits have undergone a remarkable transformation and have become a more important part of the employee experience. .
Using Workforce Insights to Inform Your 2024 Strategic Initiatives for Benefits
HR Professionals Magazine
JANUARY 3, 2024
An analysis will provide your team valuable information to help shape the organization’s benefits strategy moving forward. By employing a forward-looking approach you’ll be sure to keep your benefits package relevant and attractive in a competitive job market.
Effective Strategies to Ensure Your Employee Benefits Package Can Attract and Retain Employees
Hppy
FEBRUARY 10, 2023
Top talent is increasingly weighing benefits as part of the job offer, with some even leaving good positions in search of better benefits. Differentiate Your Benefits Package About 90% of businesses offer health insurance at minimum. For example, having a baby is a major life change that will have an effect on benefits.
Are You Sitting on Valuable Retention Information?
COMPackage
NOVEMBER 5, 2021
You may be sitting on valuable retention information for your employees, and not even realize it. It’s your Benefits Package. Or maybe it’s time to rethink your benefits programming. The post Are You Sitting on Valuable Retention Information? Times have changed. Check out COMPackage today.
Why Every Company Needs a Good Employee Benefits Broker
CorpStrat
JANUARY 18, 2024
One crucial aspect often swept to the side is Employee Benefits. I would caution you not to overlook your Employee Benefits package as it can have a significant impact, both financially and culturally. An experienced Employee Benefits Broker can ensure you don’t get saddled with a bad plan and face major consequences.
Specsavers promotes workplace menopause support through networks
Employee Benefits
APRIL 15, 2024
Through collaborative work with its employee network groups, Specsavers is able to provide staff with broad and targeted information about the condition. The package also covers the annual cost of a HRT prescription in England.”
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The Role of HSAs in Maximizing Retirement Benefits
Benefit Resource Inc.
APRIL 4, 2024
As an employer or HR manager, you’re constantly seeking ways to enhance your employee benefits package, ensuring it not only attracts top talent but also supports their financial well-being throughout their careers and into retirement. One often-overlooked gem in the world of benefits is the Health Savings Account (HSA).
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Exclusive: Baker Hughes and EasyJet shortlisted for Best benefits communications
Employee Benefits
APRIL 5, 2024
It led to high levels of take up among employees; following the launch, the new benefits package saw 89% of employees submit their benefits choices. ” The Employee Benefits Awards, now in its 22nd year, recognise those driving excellence through their reward and benefits strategies.
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Newcastle Building Society rolls out flexible benefits platform
Employee Benefits
APRIL 11, 2024
Credit: ML Robinson / Shutterstock.com Newcastle Building Society has rolled out a flexible benefits platform for its more than 1,000 employees in order to boost engagement with its benefits package. The post Newcastle Building Society rolls out flexible benefits platform appeared first on Employee Benefits.
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Buyers’ guide to off-the-shelf voluntary benefits schemes
Employee Benefits
MAY 6, 2024
Credit: Achira22/Shutterstock What are off-the-shelf voluntary benefits packages? Voluntary benefits are additional benefits that employers can offer to their employees alongside their salary. Employees pay for the voluntary benefits they choose but usually receive these benefits at a lower price due to group discounts.
Top Strategies to Reduce Employee Turnover in 2024
HR Lineup
MAY 10, 2024
Flexible Benefits Packages: Provide customizable benefits packages that cater to the diverse needs of employees, including healthcare, childcare support, and financial wellness programs.
How Company Culture Drives Employee Performance
Achievers
JULY 20, 2021
When you work in the HR department, it’s easy to become enmeshed in all the ins and out of compensation, benefits packages, and employee performance reviews — it’s a big part of the job! These perks are cultural, largely built into the ethos of a company rather than spelled out in a benefits package. ” .
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3 Ways to Improve Your Employee Benefits Communication
Best Money Moves
NOVEMBER 1, 2023
Use these 3 strategies to improve your employee benefits communication and help your team make the most of your benefits offerings. Even the most robust employee benefits programs can fall flat without clear communication. Better employee benefits communication is key to a happier, healthier workforce.
Building a Secure Future with Health Savings Accounts
Benefit Resource Inc.
MAY 15, 2024
Leveraging HSA funds can be a game-changer for organizations looking to improve benefits packages and encourage financial wellness among employees. By empowering employees with knowledge, you enable them to make informed decisions about their healthcare and financial future.
Are You Actually Covered? It’s Time to Evaluate Your Group Disability Insurance
CorpStrat
MARCH 21, 2024
Regular reviews enable businesses to stay informed about changes in the market and make informed decisions to optimize their Group Disability insurance benefits. – In conclusion, Group Disability insurance is a critical component of Employee Benefits, second only to medical insurance.
UK Power Networks uses total reward statements to boost engagement with benefits
Employee Benefits
NOVEMBER 20, 2023
UK Power Networks uses total reward statements (TRS) to inform and engage its 6,000 employees with its benefits package. Remnant believes that as long as TRS and benefits information are targeted and specific to their audience, these are valuable tools for employers to highlight what staff are entitled to. “We
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3 major benefits challenges for HR and how to solve them
WEX Inc.
MAY 8, 2024
From the rising costs of healthcare and benefits packages to retaining and recruiting to helping employees understand their benefits to the ever-changing regulatory landscape, HR teams face many challenges that present obstacles to organizational success. The information in this blog post is for educational purposes only.
53% of British employees would switch jobs for better benefits
Employee Benefits
DECEMBER 5, 2023
Its Mind the gap survey, in collaboration with YouGov, which surveyed 1,000 employees, highlighted a link between employee benefits and staff retention, and that a competitive benefits package is central to an employer’s value proposition.
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Employees now rank healthcare as more important than salary.
CorpStrat
OCTOBER 13, 2022
If you listen to what your employees actually want, you can present them a Benefits package that’s creative and fresh. Revisit your benefits package. Make sure there is a full array of products including things like financial planning, legal, and Voluntary Benefits. Employees like choices! Go Digital.
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Buyer’s guide to flexible benefits technology
Employee Benefits
APRIL 19, 2023
Later, with the rise of digitalisation and online services, these letters were largely replaced by a central information hub via the employer’s intranet. However, a comprehensive benefits platform, which automates the input of employee data, pay scales, eligibility and tax implications, can, in fact, help avoid legal and tax pitfalls.
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Vivup and Canada Life UK shortlisted for Best supplier to work for
Employee Benefits
MAY 20, 2024
Employee benefits provider Vivup and group protection and investment provider Canada Life UK have been shortlisted in the Best supplier to work for category at the Employee Benefits Awards 2024. It is only open to internal HR teams of employee benefits providers, suppliers, advisers and consultants.
Benefit Elect
HR Lineup
JUNE 15, 2023
At its core, Benefit Elect aims to revolutionize the way organizations handle their employee benefits. With its intuitive and easy-to-use platform, employers can efficiently manage their benefits packages, saving time and effort. One of the key features of Benefit Elect is its robust benefits enrollment system.
Benefit Communications, Inc.
HR Lineup
JUNE 15, 2023
(BCI) is a leading provider of employee benefits communication and enrollment solutions. With a commitment to delivering exceptional services and innovative technology, BCI helps organizations effectively communicate and educate employees about their benefits packages, ensuring a seamless enrollment experience.
How can voluntary benefits support employees in uncertain times?
Employee Benefits
OCTOBER 25, 2023
Employees react better to communications that they consider relevant to their personal circumstances, so employers should used targeted guidance and support about benefits available. A good benefits package is the most important thing that 42% of employees look for in employment, according to June 2023 research by benefits provider Zest.
5 Ways to Maximize Insurance Open Enrollment for Your Employees
Total Employee Benefits
SEPTEMBER 15, 2021
It’s a perfect opportunity for employers to maximize benefits packages and save on premiums, but it isn’t always easy. To complicate matters, benefit offerings are constantly changing, adding layers of complexity to the decision-making process during open enrollment. Customize Benefits to Your Employees.
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Siemens encourages young staff to start building up pension contributions
Employee Benefits
JANUARY 18, 2023
The main way it communicates with its members is through the trustee’s website, My Pension, which holds all information about the scheme, including news articles, information on the SBS trustee and detailed investment pages. “We also use our internal social platform Yammer to promote pension messages within Siemens.”
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TBX Benefits
HR Lineup
JUNE 12, 2023
TBX Benefits is a leading provider of innovative employee benefits solutions, dedicated to helping businesses enhance their benefits programs and improve employee satisfaction. One of the key advantages of partnering with TBX Benefits is their commitment to cutting-edge technology.
Stratus.hr Announces P&C Expansion of Brokerage, Stratus Agency
Stratus.HR
OCTOBER 25, 2021
Stratus Agency has long been in the background procuring incredible benefits packages to give Stratus.hr Not only will clients have access to robust benefits packages that are second to none, but they’ll also get total business protection from a service team that knows their company better than any other agency in the market.”.
Perks of consolidating benefits solutions
WEX Inc.
APRIL 23, 2024
Save money Consolidating benefits solutions is a great way to save your company money. From the rising costs of healthcare to the need to provide a comprehensive benefits program, employers are looking for ways to optimize their benefits package in a cost-efficient way. It is not legal or tax advice.
Where should employers draw the line with benefits provision?
Employee Benefits
JANUARY 30, 2023
As organisations look to build a package that positions them as an employer of choice in a competitive recruitment masrker, as well as supporting employees in key areas of their lives, it can be easy to end up with a bulging benefits package. Benefits that help employees’ salaries go further have also become a priority.
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Lovewell’s logic: What will the year ahead have in store?
Employee Benefits
JANUARY 12, 2024
Employees, meanwhile, will have the right to request information from their employer about what others in comparable roles are paid. Updating benefits packages: There are also myriad opinions around the type of benefits packages employers will offer over the coming year.
Namely
HR Lineup
DECEMBER 4, 2023
It empowers HR professionals, managers, and employees alike to access and manage critical information seamlessly. From health insurance to retirement plans, the platform provides tools to customize and administer a range of benefits packages. One standout feature of Namely is its robust payroll management system.
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How Does an Employee Benefits Survey Help a Company Grow?
Vantage Circle
FEBRUARY 12, 2024
Simultaneously, it provides leadership with a data treasure trove to inform benefits decision-making with pinpoint precision no guesswork can match. In short, employee benefits surveys achieve the coveted win-win. Yes/No) Do you feel informed about your rights regarding parental leave?
4 ways to effectively communicate benefits
WEX Inc.
MAY 24, 2023
Employers should make a concerted effort to simplify the language used in communications to ensure employees can easily understand their options and make informed decisions. Rather than using acronyms and technical terms, employers could use simple language and meaningful stories to help employees visualize and understand their benefits.
Making Your Voluntary Benefits Program a Success
InterWest Insurance Services
APRIL 20, 2023
Voluntary benefits enable employees to self-customize an individual benefits package that is uniquely appropriate to them. Look for gaps – Look for gaps in your company’s current benefits coverage, and consider how voluntary benefits plans can be used to fill them.
Salary.com
HR Lineup
JANUARY 16, 2023
Salary.com is a website that provides detailed information on salaries, benefits, and job market trends for a wide range of industries and positions. The site is designed to help job seekers and employers alike gain a better understanding of what to expect when it comes to compensation, benefits, and job market conditions.
The New Normal for Employee Raises: What to Expect in 2024
HR Digest
AUGUST 3, 2023
Beyond Salary: The Rise of Benefits Packages In the quest to attract and retain top talent, employers have realized that salary alone is not enough. They’ve turned their attention to benefits packages, offering perks that go beyond a simple paycheck. One popular trend is the offering of free tuition.
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