Practical HR Tips, News & Advice. Updated Daily.
Communicating with employees is one of the most important aspects of any workplace retirement plan. A plan may be carefully designed to help participants achieve their retirement objectives, but if the plan sponsor does not effectively communicate the key information, the participants may not have the understanding they need to succeed in reaching their goals.
After the introduction of the Accountable Capitalism Act last year, many organizations are starting to explore different ways to offer their employees a stronger voice, more business equity—essentially, more “skin in the game.” Many start-ups have already been offering their employees shares and stakes in their company for years because they don’t have many other […]
In the employee benefits space, we’ve seen a significant shift in recent years. Emphasis has moved away from flashy, unorthodox benefits toward practical ones that make it easier for people to stay engaged at work, while still having a life outside. That trend is sure to stick around, but the changing demographics and priorities of […]
Relocation assistance is something that not all employers offer but could be worthwhile to consider. Some employers think that the expense is too great to be justified, while others think that it opens many doors and allows them access to candidates they never would have otherwise found.
Managing healthcare costs has been at the top of most HR professionals’ (pro) to-do lists for the better part of the past decade, as medical costs continue to rise. With the onset of 2019, the New Year presents the opportunity to make it happen. Fifty-two percent of U.S. consumers have low healthcare system literacy, according […]
Saturated with jobs and lacking enough people to fill them, the tight labor market continues to make headlines, and for employers it’s not just a news story. Instead, it is a new reality that will be here for the foreseeable future. Making your organization stand out from the crowd is increasingly important—and more challenging.
Most job candidates and employees think of compensation primarily in salary terms, but how aware are they of the total cost of the compensation package you’re offering? And are employers properly communicating the value of benefits?
Employers today face a variety of challenges related to employee health, ranging from increasing costs, work-related stress, and dissatisfaction to reduced productivity and engagement.
Imagine this: You’ve found your purple squirrel! She has all the right skills, answered the interview questions exactly how you wanted, and would be the last part of the puzzle to make your team whole. You extend an offer of employment … and she declines.
Recent lawsuits alleging the use of “outdated” mortality tables when calculating benefits payable in annuity distributions or at early retirement could be part of a new trend that poses a threat to defined benefit (DB) plans, according to one law firm’s employee benefits practice.