Remove Accounts Remove Benefits Remove Insurance Remove Onboarding
article thumbnail

Decoding Life Insurance as an Employee Benefit

Zenefits

Designing a comprehensive but budget-friendly benefits package is 1 way Human Resources teams and small businesses can boost employee satisfaction and reduce turnover. But what benefits should you include? Generally, health insurance, PTO days, and remote work tend to be the top core offerings. Choose an insurance provider.

article thumbnail

Types of Employee Benefits: 12 Benefits HR Should Know

AIHR

The types of employee benefits an organization provides carry weight in today’s employment market. HR practitioners need to be aware of the various benefit possibilities and determine which ones their organization should consider adopting. Contents What are employee benefits? Why are employee benefits important?

Benefits 113
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Benefits Coordinator Job Description: Salary and Job Responsibilities (with Examples)

AIHR

In today’s fast-paced and competitive business environment, a skilled Benefits Coordinator is vital for employee wellbeing and satisfaction. According to a Qualtrics report, employees who are satisfied with their salaries and benefits are 13% more likely to continue working for their current employer for 3+ years.

article thumbnail

Penalties for Benefits Noncompliance

Zenefits

Inflation is not only fueling price increases; it’s also requiring employers to pay more in penalties for not complying with benefits laws under the Employee Retirement and Income Security Act of 1974 (ERISA). History of benefits compliance. Employers have been offering employee benefits since the late 1800s. Retirement.

article thumbnail

Educating Employees on Medical Insurance: What Should They Know?

Zenefits

Many organizations have a framework for keeping their staff updated on their salary and benefits policies. However, with so many innovative perks in today’s job market, training sessions usually overlook the more traditional benefits like medical insurance. What must employees know about their healthcare insurance?

article thumbnail

How to Know Which Insurance Policies Cover HR Claims

Zenefits

Insurance policies can protect against expensive HR claims. But they aren’t the first thing business owners think of when considering business liability insurance. Before we get into the specifics of HR-related insurance policies, let’s examine how HR operations can be risky. Why does HR need insurance? Automate payroll.

article thumbnail

Helping Employees Understand Health Insurance Costs

Zenefits

Employee health benefits continue to be a considerable competitive edge for most companies. But for businesses in which their employees select a plan from the government health insurance marketplace, open enrollment and explaining healthcare plans can be a complex topic for the HR team. Simplify benefits administration.