Tag: Employee Benefits

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.

Where Do Employees Get Their Kix?

Labor Day could be called the first widely provided employee perk. A New York City march in 1882 brought 10,000 people out to demand a day off in honor of labor. Labor Day became a national holiday 12 years later. Since then, study after study has tried to determine what makes employees happy.

school

Tight Labor Market Gives Way to Succession Planning at All Levels

Succession planning is a great strategy for filling roles left by retiring employees, but due to a skills shortage across many industries, employers are using succession planning to help fill their immediate talent shortage needs.

Do You Manage Your Company’s Employee Value Proposition?

In Friday’s Advisor, we were discussing the employee value proposition (EVP), which is the set of things that employees value that are received as part of working there. It’s essentially the reasons employees should work for you rather than the competition. Every organization has an EVP, but not every organization takes steps to manage it.

happiness

Communicating the Employee Value Proposition (EVP)

Whenever a potential employee considers working for your organization, there are a lot of factors they will likely be considering—things like pay, benefits, company image, organizational values, and more. All of these things put together are the things that make up the EVP—the value that an employee derives from working there.

HSA

More Employees are Opting for Consumer-Directed Health Care, Finds New Report

While the Affordable Care Act still faces uncertainty, employers are looking for ways to reduce their healthcare costs and offer employees healthcare benefits that meet their needs. A new report—released by Benefitfocus, Inc., a cloud-based benefits management platform and services provider— shows a continued shift toward consumer-directed health care, with the rate of employers offering at […]

Certifications

The Truth About Student Loan Assistance

It’s been heralded as the most attractive benefit – and the implication is that if your company were to offer it, you would have job seekers lining up at your door. But is student loan assistance a.k.a. student loan repayment really the next greatest thing?

Trump administration expands exemptions to ACA contraceptive mandate

On October 6, the Trump administration released two interim final rules that will vastly expand the availability of exemptions to the Affordable Care Act’s (ACA) rules requiring employer coverage of contraceptives. The ACA requires employers and insurers that offer group health plans to employees to cover certain approved contraceptive methods—at no additional cost to employees—or […]

FMLA

Ivanka Trump, senators advance ideas on paid family leave

by Tammy Binford As the idea to make paid family leave mandatory continues to gain attention, employers may be wondering what various paid leave proposals might mean for their businesses. A June 20 meeting between first daughter and presidential adviser Ivanka Trump and a handful of senators doesn’t draw a clear picture of what may […]