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Larger organizations have already been using the lure of better benefits to attract candidates. A new study shows that small businesses are joining the fray of the talent war by rolling out the best benefits they can muster.
Many employers think that they need to offer things like table tennis in large and custom-designed breakrooms, organic juice bars, bring-your-dog-to-work days, and free lunch every other day—especially when it comes to hiring younger employees—to retain employees and keep them happy.
We’ve previously discussed the growing skills gap and how small businesses are blaming larger companies for their hiring challenges, but the blame can be pointed somewhere else if you’re offering the types of benefits candidates are searching for.
2017 saw job satisfaction among U.S. employees fall. However, the American workforce might be out of its funk! According to new research, there is strong evidence that both workers and their employers have renewed feelings of workplace optimism and satisfaction.
The Internal Revenue Service (IRS) updated its special per diem rates for the transportation industry, incidental expenses and the “high-low” substantiation method. These rates, announced September 26 in Notice 2018-77, apply to allowances paid to employees on or after October 1 for travel on or after that date.
A recent survey of 1,000 office workers by Adler Business Gifts found that 97% of employees expect company perks as part of their employment package. We all know how much recruitment can cost, so retaining your staff is more important than ever. If your business isn’t already offering a benefits package alongside your basic salary, […]
The Internal Revenue Service (IRS) in late September announced two updates to procedures that plan sponsors and their service providers should note.
A struggle many employers face is deriving the most value from their benefits investments and encouraging employee participation in company health and wellness programs. At a fundamental level, most employers offer similar benefits and, when put side by side, they can often add up to as many as 67 individual services or programs for employees […]
We recently reported that employer-sponsored 401(k) plans with above-average performance criteria are likely to be offered by companies that have 20-percent to 80-percent higher corporate profitability than companies with average-rated plans. This was all according to new T. Rowe Price research. Today we have new analysis of that report by our Benefits Editor, Jane Meacham.
More companies are quickly realizing that candidates and employees, alike, are looking for a better work/life balance. One way to do this is by offering flexible schedules and according to one survey, flexible scheduling leads to more productive workers. A win-win for all!