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Must Employers Offer an Employee Benefits Program?

Posted by David Peasall, VP, Benefits and Human Resources on Oct 10, 2017 9:00:00 AM

Many employers wonder whether they are required to offer an employee benefits program. There are various federal, state and local laws you should have on your radar when it comes to minimum benefit requirements and reporting. A hint: your company’s size and location have a lot to do with it. Learn about the key requirements of the Affordable Care Act, COBRA and ERISA below.

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Topics: Employee Benefits

2017 Employee Benefit Plan Trends

Posted by David Peasall, VP, Benefits and Human Resources on Oct 3, 2017 9:00:00 AM

When it comes to offering an employee benefit plan, the new norm is to offer more, and the standard keeps inching higher. It’s possible the Affordable Care Act had an impact on the number of businesses offering health benefits, but the 2017 trends extend well beyond group health plans, and employees certainly expect more.  A recent study from the Employee Benefits Research Institute shows workers continue to rank employment-based health insurance as their most important benefit. Here’s a look at some of the current trends in employee benefit plans:

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Topics: Employee Benefits

4 Things Standing in the Way of Employee Retention

Posted by Jaime Moore on Apr 28, 2017 9:00:00 AM

Employee retention, or finding and keeping the best employees is the primary goal of all employers. Too many times, top talent looks elsewhere for employment because of simple things like a lack of communication or lack of training. While money seems like the obvious employee retention tool, sometimes employers don’t realize how big a role the small things play. If you’re looking to increase employee retention, here are four potential roadblocks you need to consider.

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Topics: Employee Benefits, Human Resources, Hiring Employees

4 Company Practices That Could Drive Top Talent to Quit

Posted by Christine Batten, PHR on Apr 20, 2017 9:00:00 AM

When you run a business, and want to retain your best employees, you have to keep them satisfied. Many employers do this by offering a competitive salary, benefits package, and maybe even a few other perks. Nevertheless, being a great employer goes beyond just the basics. You have to run your business well in order to retain top talent. This means, your payroll has to be correct and issued on time, all the time. Your policies and procedures should be up to date, in compliance with legal requirements and administered clearly and fairly. On top of that, your workplace must be safe. It’s a lot to manage, but if you don’t do it well, you may drive your best employees to quit.

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Topics: Employee Benefits, Human Resources, Hiring Employees

7 Employee Perks to Consider in a Competitive Job Market

Posted by Jaime Moore on Apr 18, 2017 9:00:00 AM

When it comes to attracting top talent, you want to make sure you’re offering competitive benefits and employee perks. Job seekers say benefits and perks are some of the top issues they consider when evaluating companies. Because of that, many companies have started to look for creative ways to attract candidates — beyond a competitive wage or salary and standard employee benefits.

So how can your business stand out from the rest? Here are seven employee perks to consider when appealing to top talent.

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Topics: Employee Benefits, Human Resources, Hiring Employees

Yes, You Can Offer an Affordable Retirement Plan

Posted by David Peasall, VP, Benefits and Human Resources on Apr 11, 2017 9:00:00 AM

When it comes to recruiting, rewarding and retaining top talent, employee benefits play an important role. Medical benefits are of course essential to attracting employees, but you should also consider the importance of helping an employee plan for retirement. As the IRS notes, employees can contribute up to $18,000 per year and up to $24,000 per year if they are 50 or older. This is much higher than the limits on individual retirement accounts (IRAs), another tax-deferred retirement account Americans can set up outside of work.

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Topics: Employee Benefits, Hiring Employees

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