When job candidates consider which position is best for them, benefits can be the factor that tips them from one company to another. As an indirect form of compensation, benefits fuel their quality of life. The responsibility of any good company is to provide fair, competitive, and livable benefit options. Therefore, it’s crucial that companies […]
Tag: benefits enrollment
Learn how to gain alignment on immediate and long-term goals.
The coronavirus pandemic has turned the workplace upside down. Onboarding has largely gone virtual, work has mostly gone remote, and benefits enrollment season is undergoing a radical change, too.
We’re right in the middle of open enrollment season, which can be a confusing and stressful time for your employees as they make their selections for the coming year. Arm them with the right knowledge and tools for a successful open enrollment period and they’ll thank you for it— after all, healthy employees are happy […]
A new survey of 5,000 U.S. workers has found that while many employees feel confident after completing their annual health benefits enrollment, about 3 in 4 are making benefits decisions without a complete knowledge of the overall plan.
Did you end last year’s open enrollment with a list of things you wanted to improve? One prominent item on HR’s list of open enrollment enhancements is often the use of video communication. If it’s on your list, read on. In fact, if video isn’t on your list (or even your radar), read on anyway. You may find reasons to add it before we’re through.
Question: Can we ask a new hourly employee to complete paperwork in advance of orientation (W-4, Direct Deposit form, etc.) and not pay them for that time? What about if employees complete annual enrollment benefit paperwork at home on their own time? Or logging in to a time and attendance software system remotely to request […]
Any employee benefit program will better meet its objectives if an employer communicates about it effectively. And perhaps no other employee benefit plan requires as much careful attention to employee communication as a 401(k) plan (see ¶102 in Thompson’s The 401(k) Handbook). Pre-tax 401(k) plans are unlike employee savings plans that use after-tax contributions, and […]