HR: Expand employee benefits for success
Do you want happy employees? Offer more benefits Is the key to having happy employees is to provide them with more benefits? Recent research conducted during the...
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Do you want happy employees? Offer more benefits Is the key to having happy employees is to provide them with more benefits? Recent research conducted during the...
3 areas businesses mostly focus on as they reopen the office Are you planning to allow employees to work from home full time for the remainder of 2021? Or are you...
4 things HR professionals learned from open enrollment Open enrollment is always challenging. But it was a whole new ball game in 2020. With Covid-19 forcing social...
Changes coming in how we work and commute A wave of significant changes in the way we work is here as companies begin having workers go back to the office. The first...
Did you know that over a third of employees don’t understand their benefits? And it’s even higher for younger workers at 54 percent. When your employees enroll for benefits during the open enrollment period, they may not know what they are in for.
Companies shift benefits to fit employees’ new needs
One year after COVID-19, the scope of employee benefits has changed, possibly forever.
Care.com recently released its 2021 Future of Benefits Report, where it surveyed 500 C-level and HR executives to find out the trends in employee benefits.
The report shows how Covid influenced decisions and what benefits might get cut or added because of the current state of affairs with employees.
Some significant changes have occurred where you most expect it. Family care is an increasingly prominent issue for employees, both with young children and seniors.
Some findings include:
It’s been a year like no other for human resources professionals. From COVID-19 to becoming compliant in the Coronavirus Aid, Relief and Economic Security (CARES) Act, HR representatives have had to deal with a lot in the last 12 months.
Here are six lessons HR professionals have learned from their experiences.
The world of employee benefits is rapidly evolving. That’s what happens when traditional benefits like paid vacation, insurance and formerly popular work perks don’t...
When it comes to reopening a business or company office, one thing is for sure: a safe opening is definitely on employees’ minds. About 50 percent of the people surveyed by Weber Shandwick and KRC Research were concerned they’d be asked to go back before it’s safe.
While in 2013 only 13 percent of employers felt extremely responsible for employees’ financial awareness, that number has skyrocketed to 62 percent in 2020, according to a Bank of America survey of 808 businesses that have a 401(k) plan.
There are many reasons financial wellness has become so important. To employees and employers. First, employers have found that financial wellness increases employee engagement.
It’s also becoming more important than ever to make sure people are able to handle unexpected financial situations. Plus debt, particularly student loan debt, is become a major stressor for employees.
In fact, managing finances is the top stressor for employees, according to PwC, and that stress is so bad it often becomes a distraction at work.