Category: Benefits

From 401(k) plans to vacation policy, this topic gives HR and Compensation professionals specific strategies on how to handle benefit plans. Articles also provide guidance to brokers, advisers and consultants.

A Benefits Professional’s Guide to Juggling the Demands on Time

Benefits professionals are currently feeling pressure from all angles, required to keep a tight rein on costs, achieve consistent global governance and faultless administration, while demonstrating strategic value. Even though an organization’s investment in benefits is often substantial, usually second only to pay, the benefits function is often seen as secondary to the overall HR […]

Separating Extravagant Perks from Those that Yield High ROIs

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.

Research Shows Strong Job Satisfaction, Benefits

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.

IRS Issues Special Per Diems, High-cost Locales for FY 2019

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.

The 5 Company Perks Your Staff Expects and How to Build on Them

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, […]

Employee Education & Personalization Are Keys to Success of your Benefits

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 […]