Employee Benefits & Compensation Articles
Retaining and attracting the best employees means offering more than competitive salaries. Thoughtful and useful benefits packages set up employees and your business for success. Just make sure you build communications systems that make it easy for your employees to sign up.
The Trump administration has said it will seek several changes in basic federal employee benefits policies, although in stating that intent in its budget proposal it left many questions unanswered.
Compensation report reveals only one-third of organizations have confidence in managers’ ability to explain pay decisions and employers intend to offer bonuses rather than significantly increase base pay in 2018
But for an employee, the base pay/salary is what attracts him/her to the new job.
The Hartford has enhanced ICON, its online quoting system for agents and brokers, to include access to quote employee benefits as well as excess and surplus (E&S) coverage for their small business customers.
If the finance minister's announcement of standard deduction of Rs 40,000 brought cheer to the salaried sections, it also spread joy to payment companies like Zeta and NiYO Solutions involved in digitising employee benefits and reimbursements.
EXCLUSIVE: Delegates at Employee Benefits Connect 2018 will be able to learn how to construct a social media-focused recognition strategy.
Advisers have discovered a surprising new audience for benefits that payoff student loans: Older workers with children still in college.
We asked global payroll professionals about their current struggles in managing multi-country payroll – here's what they told us.
Workers advised to 'think critically about their future with the company, and make realistic decisions'
Enrollment data shows 65% of employers now offer HDHPs alongside traditional health plans; HSA participation is up 60% from 2017.
The U.S. tax reform pushed by the Trump Administration has prompted many corporations to announce bonuses and wage hikes for their employees. Starbucks is one of the latest to boost its compensation and benefits package in light of the recent changes in U.S. tax law. Ron Crawford, VP of Benefits at Starbucks, was with us to discuss the company's investment in benefits.
Although artificial intelligence has transformed the retail and entertainment habits of consumers, AI has yet to enter the employee benefit landscape in a meaningful way. But that time is coming, says Richard Silberstein, president of benefit consultancy and brokerage SIG, an Alera Group Company.
Voya Financial says these new one-minute videos will combine an individual's "monthly income replacement goals, estimated monthly retirement income and possible shortfalls" to visualize their path towards retirement.
The high stakes in employee benefits communications can impact your business. Businesses should recognize that there is a direct correlation between employee benefits and employee productivity.
In the market for some help for your employees or yourself? How about with employee health coaching, wellness, and financial education, or handling your fiduciary responsibilities or investing or helping with HSAs?
What kind of economic impact are President Donald Trump's tax cuts having on corporations’ employees and business investments? It depends on whom you ask.
Under the Tax Cuts and Jobs Act, employers may continue to provide transportation plans that enable employees to pay for certain benefits on a pre-tax basis — up to $260 per month for parking, transit or vanpooling — but employers will no longer be able to deduct the expense of any subsidy for these fringe benefits unless the expense is necessary for employee safety.
Employee benefits provider Personal Group has revamped its benefits package for its 250 UK-based employees.
Health insurer Humana said it will be raising the hourly minimum wage for all of its employees as a result of the GOP tax bill.