We wrote previously about an interesting study that found people are less stressed at work than at home. In that article, we discussed some strategies for cultivating that reality and making sure employees would look forward to Monday morning.
Most employers are intimately familiar with the usual suspects of employee benefits, like 401(k) plans and health coverage options, but have you ever wondered about all of the other kinds of benefits different employers offer? Let's take a comprehensive look at all of the different kinds of benefits that organizations offer today, including some you may never have even considered.
The Affordable Care Act (ACA) worked hard to encourage small employers (generally those with fewer than 100 full-time equivalent employees, though state-specific requirements can also apply to state-run Exchanges) to provide health insurance to their workers. Chief among its efforts to ease accessibility and favorable pricing is the Small Business Health Options Program, or SHOP.
How many companies outsource benefits-related functions? Short answer: more and more. Two recent studies both demonstrate this dramatically. The third annual Guardian Workplace Benefits Study found that one-third of employers now outsource all of their benefits administration, a 65% increase since 2013.
Recruitment is a keen challenge for small businesses in today’s employment marketplace. According to The Conference Board, we’re facing a 15-year period of tight labor market conditions. That has translated into nearly a third (29%) of business owners that are dealing with positions they cannot fill right now, according to the National Federation of Independent Businesses; that’s the highest number since April 2006.
Presenteeism – or when workers show up when they shouldn’t – is the flip side of absenteeism. Contrary to many opinions, it’s just as bad for business. Most often, presenteeism means sick workers coming into work when they’re unwell, unproductive, and often – much worse – infectious.
Wholesale Services refers to sales of an enormous range of durable products, from professional and commercial equipment through motor vehicles and parts through electrical goods. It's a gargantuan industry that deals in $6 trillion in annual sales and, remarkably, is one poised for substantial growth.
From the employer’s perspective, a benefits package has a job to do. You spend time, energy and money putting together a competitive package, and it should benefit not just your workers, but also the organization itself.
There’s a major regulatory change that will likely hit employers in 2016 under the Fair Labor Standards Act, potentially resulting in billions of dollars of additional expenses for U.S. employers. Here’s what you need to know.
It's a competitive world out there when it comes to recruiting and retaining top talent, and a company's benefits are inevitably one of its major selling points. According to a 2015 MetLife study, "Employees who are very satisfied with benefits are almost 4x more likely (81% versus 22%) to be very satisfied with their jobs.” Here are the top trends in benefits to make sure your company is staying on top of the marketplace.