Typically, employees think about their benefits two times: when they are first hired and the day before benefits elections are due. This year, however, things are very different. According to recent research from Voya Financial, 71% of employees plan to spend more time reviewing their voluntary benefits this year compared with last. The reason for […]
Tag: Employee Benefits
Just because your small business has a smaller payroll and fewer flashy resources than bigger companies doesn’t necessarily mean that you can’t offer competitive benefits. Instead, you can turn your business’s size into a strength and offer benefits that will keep your employees happy.
We’ve talked in the past about the idea that not all benefits are utilized equally by employees and how this may inadvertently create a situation in which benefits seem to help some employees much more than others. This is often the case for benefits that target those who are married or those with children. The […]
Student loan debt casts a wide net and draws in a lot of people: students burdened with financial stress; workers who must reskill and upskill; and employers that must fill skills gaps and are seeking to increase diversity in their companies. People in each of these groups face financial constraints caused by student loan debt.
Some benefits will, by default, benefit some employees but not others. Sometimes, this is a result of the employees who choose to utilize them. Sometimes, it’s because not all employees are eligible for certain benefits. But sometimes, it stems from a difference in employee familial status: Married employees with children often get a better deal […]
As the name implies, portable benefits are benefits that can be tied to the person, not the job, and thus can be carried into a new job. The benefit itself is ported either into the new employer’s plan or to the individual on his or her own. This is possible and common with many types […]
Exciting and fun benefits like Ping-Pong® tables might be taking a backseat—at least, that’s what one expert believes.
HR managers are always looking for new, effective benefits to offer their employees. I have recently learned of a unique and engaging benefit: providing the tools and space for your employees to learn and play musical instruments at work.
When it comes to retaining employees, think less about pool tables and nap lounges and more about professional development. That’s what Jessica Cortapasso, VP of Human Resources at Digital Remedy, believes, and she makes a good argument.
We are now nearly a decade into tech’s boom across the globe, and there are no definitive signs of a slowdown. While the winners in the space continue to hurdle toward dominance, we’re seeing them come under pressure for everything from privacy concerns to working conditions and even election meddling.