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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.

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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?

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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.

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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.

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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.

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Does Your Employee Benefits Package Need an Overhaul in 2023?

Zenefits

As 2022 comes to a close, companies may be reassessing their employee benefits packages for the new year. It may be time for businesses big and small to look over the benefits they offer. The competitive job market today calls for only the most cutting-edge benefits for recruiting and retaining the best talent.

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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?