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Smallest Firms See Largest Health Insurance Hikes

InterWest Insurance Services

A new report has found that small businesses that purchase their group health insurance online or through payroll vendors saw the largest premium hikes in 2022, significantly higher than those that went through brokers. Overall, more than half of SMB employees opt out of their employer-sponsored coverage. overall between 2021 and 2022.

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Ramadan 2023: five tips for HR

Bayzat

Introducing a flexible workday allows employees to care for their health and well-being and show that you, as an employer, care for them too. Bayzat’s all-in-one HR, payroll, insurance & employee benefits software ensures your business can maintain productivity levels during periods of disruption.

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The Smartest Investment You Can Make? Improving Workplace Technology

GRA Benefits Group

How Employers Can Make a Difference. Updated technology is the smartest investment employers can make and while their employees often struggle with a variety of problems with current systems, there is one benefit admin service that is both cost-effective and simple: 1Enroll. Improving workplace technology.

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The Smartest Investment You Can Make? Improving Workplace Technology

GRA Benefits Group

How Employers Can Make a Difference Updated technology is the smartest investment employers can make and while their employees often struggle with a variety of problems with current systems, there is one benefit admin service that is both cost-effective and simple: 1Enroll. Improving workplace technology.

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Communicating Employee Benefits to Staff

Enjoy Benefits

For every £1 spent on employee benefits, on average each business in the study made a saving of £3.12 in tax and National Insurance. With such an iron-clad financial case for offering employee benefits, it pays to make the most of your scheme. . Employees typically use more than one benefit in successful schemes.

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Communicating Employee Benefits to Staff

Enjoy Benefits

For every £1 spent on employee benefits, on average each business in the study made a saving of £3.12 in tax and National Insurance. With such an iron-clad financial case for offering employee benefits, it pays to make the most of your scheme. . Employees typically use more than one benefit in successful schemes.

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Buyer Beware: Not All Benefits Technology is Created Equal

Corporate Synergies

Does your HR team need help with benefits billing reconciliation? Is the benefits administration system able to automate the evidence of insurability process? How complex are your eligibility and employee benefit offerings? Employers should seriously evaluate if a fully integrated solution is the right approach.