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Open Enrollment is Over…Now What?

CorpStrat

With healthcare costs rising due to inflation, employees opting for unconventional careers post-COVID, and the Great Resignation hanging over their heads, employers need to work harder than ever to attract, retain, and reward their team. Can they view their hours worked or PTO availability? Most employers can’t afford to lose anybody.

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Effective Strategies to Ensure Your Employee Benefits Package Can Attract and Retain Employees

Hppy

Value-added benefits like health, dental, and vision insurance, PTO, and life insurance are crucial, though you should consider other ways to make your benefits package attractive for top candidates in the recruitment process. Employees with unlimited PTO take an average of 13 days off each year.

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Budgeting for Benefits: Sage Advice for Cost-Conscious Employees

Griffin Benefits

Moreso, age is definitely a relevant factor when enrolling in many types of employee benefits, most especially those relating to healthcare and retirement. For those right out of college, student loans quite often are their financial burden, whereas others may be struggling with credit card, mortgage, or healthcare debt.

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Employee Benefits Guide for 2023: What Employers Need To Know

Vantage Circle

Dental Insurance Employers pay for employees' dental care, including checkups and necessary upkeep. These checkups are separate from the overall health insurance. Disability Insurance The employer pays the worker's salary if the worker becomes disabled or cannot work. It's healthcare on your terms.

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What employees expect from benefits packages

Business Management Daily

To aid in the decision-making process, though, here’s a closer look at various types of employee benefits : Health insurance. Despite the emergence of the healthcare marketplace, people still look to their employer as the first and most cost-effective choice for medical insurance. Worker’s compensation and similar measures.

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17 Essential Employee Benefits Ideas to Boost Morale and Productivity

Empuls

From healthcare and retirement plans to flexible work arrangements and professional development opportunities, employees are looking for a comprehensive benefits package that meets their unique needs and preferences. Unlimited PTO Millennials prioritize work-life balance and value flexibility in their schedule.

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What is a total compensation statement & how does it provide value?

Genesis HR Solutions

And they may continue to remain unaware of the “hidden” benefits they are receiving even as healthcare costs rise, and you, the employer, absorb the increases. Workers’ Compensation insurance. Health, dental, and vision insurance. Life and disability insurance. Accrued paid time off (PTO/Vacation time).

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