Employee Benefits

Special Enrollment Periods

When an employee requests a change to health insurance, how do you respond? This article discusses special enrollment periods when an employee is allowed to make changes to a health plan, how long they have to do so, and why special enrollment periods are important.

Highly Compensated Employees

Can an employee ever make too much money? The IRS may think so and put some constraints on them. To learn more about these constraints, and what it means to be considered a highly compensated employee, read on.

Vesting

When it comes to vesting in retirement plans, words don’t mean what they used to mean. Terms like “cliff and employer match” do not mean an actual cliff or immediate money from your employer. Read on to learn about the types of vesting, how vesting can be helpful in your organization and how to implement it in your organization.

Roth 401k

Need an easy, no-additional-cost benefit to help your employees save for retirement? This post-tax benefit provides your employees a chance to save.

Paid Time Off (PTO) Management Software

With a great paid time off (PTO) management software, HR can create schedules, process time-off requests and customize their PTO policies in minutes. But if your PTO software doesn’t have the capabilities you need, it will likely create more headaches than solutions. In this article, we cover what features every great PTO management software should have, and some tips for how to choose the best PTO software for your company.

Traditional 401k

Saving for retirement is one of the most important things you can do. Retirement accounts can be offered as a benefit through an employer. As an employee, it is an easy way to save for the future.

Flexible Spending Account (FSA)

Flexible spending accounts (FSA) are a great way for employers to help employees reduce their taxable income and save for large medical expenses as well as everyday medical/health expenses. There are also FSA accounts to help employees save for childcare costs. FSAs are an excellent benefit to offer to your employees but can also be confusing. The following article will cover what you, as the employer, need to know about FSAs and how they work.

PTO Accrual

Is an accrual PTO plan right for you? In an age of increasing employee benefits driven by a competitive job industry, choosing the right paid time off plan is critical to attracting and retaining top talent. In this article, you’ll learn about accrual PTO plans and how you can implement one in your company!

Equity Compensation

Compensation is often a complex and challenging issue for employers. With compensation being the primary reason people work, employers in this competitive job market are trusting HR professionals to attract and retain top talents through a variety of methods. Equity compensation is an effective method that is recommended by HR professionals.

Affordable Care Act (ACA)

Enacted in 2010, the Affordable Care Act continues to be a challenge for many employers. Continue reading to learn more about ACA, its impact on both the employer and employee and what your organization should be doing.

Group Incentive Plan

Your company has goals. Those goals hinge on employees. Employee motivation hinges on you. So… where do you start? Here’s the group incentive plan breakdown you’ve been looking for.

Employee Retirement Income Security Act (ERISA)

The Employee Retirement Income Security Act (ERISA) is a federal law that governs employee benefit plans. Does ERISA apply to your organization? If you want to know the ins and outs of the act and its key components, read along.

Employee Benefits

Benefits can dramatically alter your standing with your employees and your ability to recruit top talent. Do you offer top-of-the-line benefits, or are there other perks that you offer in lieu of benefits? How is that affecting your employees?

Competitive Pay

At the end of the day, employees work for money. While a passion for their job is important and welcomed, without being able to pay bills or save for experiences they desire, employees will not stick around for long. Let’s talk about how to create competitive pay for your employees.

Employee Incentives

Employee incentives inspire, encourage, and motivate. However, incentives aren’t one size fits all. What makes a comprehensive incentive program versus one that blows up in our face? And how can we tell the difference?

Employee/Employer Flexibility

How can we nurture employee flexibility and implement workplace flexibility without bending over backward (pun intended)? It’s no secret that the importance of structured work hours and a physical office is waning as the emphasis has shifted to getting the work done… even if it’s done at home on the couch outside the hours of 9 to 5.

Dental Insurance Benefit

Are you interested in offering dental insurance benefits to your employees but don’t really know how to get started? Read on for dental insurance benefits basics and tips for selecting a good plan for your company.

Vision Insurance Benefits

Are you interested in offering vision insurance to your employees but don’t know how to get started? Read on for vision insurance benefits basics and tips for selecting a good plan for your company.

PTO Accrual Cap

We all know that paid time off is a very important benefit to offer, but how to structure the policy? PTO accrual caps can create a lot of uncertainty, and there are many factors to consider in the process of determining the right policy for your company. Read on for help.

Carryover (PTO)

You know for yourself how important time off is to your health and happiness at work. Your PTO policies are important for employee wellness. Read on to see how carrying over paid time off into the next year can be a hit or a miss for employees and company alike.

Open Enrollment

Benefits are one of the most important factors in hiring and retaining your talent, which makes open enrollment a crucial time of year. This process can be daunting for a new HR professional, so keep reading to learn how to make open enrollment a more enjoyable experience for you and your employees.

Life Insurance Policy Benefit

Many organizations offer employee benefits such as medical, dental, and vision. However, have you considered offering life insurance as a benefit? In this article, we will explore what life insurance is and whether or not your organization should offer it.

Unlimited PTO

One of the more controversial employee benefits is unlimited PTO. Some companies swear by it while others don’t see how it’s possible. Read on to make the best decision for your company and mitigate possible risks.

Golden Handcuffs

Maybe you’ve heard the term golden parachute, but have you heard of the term golden handcuffs? Let’s explore what golden handcuffs are, the pros and cons of implementing such a strategy and how to create one.

Employee Stock Ownership Plan (ESOP)

What’s the difference between an employee stock purchase plan and an employee stock ownership plan? When should a company consider implementing one or the other? These are a few of the topics covered in this article.

Workers’ Compensation

If you've ever had an employee get seriously hurt or ill, you know how difficult it is for everyone concerned. But workers can get hurt in any kind of business, no matter how good the safety program. Fortunately, worker's comp is in place to protect your employees and your organization. Read on to learn how it works and how to use it.

Paid Time Off (PTO)

We all know that to be a happy and productive employee, some time off is necessary. After all, do we work to live, or live to work? Paid time off is a valuable benefit for both employer and employee—but how do you create a good policy and implement a PTO program? Read on to find out.

Tuition Reimbursement

Those who understand retention know that turnover is costly. Contrary to old school business, modern employees only stay with a company for an average of 2-5 years. It’s imperative that companies create initiatives to lengthen retention and develop their workforce to meet future needs.

Have you considered tuition reimbursement as a possible solution to this? Take a look and see if tuition reimbursement is right for your company.

Benefit Enrollment Form

Paperwork: nobody likes it, but it's a necessary evil. Well-designed forms get you the information you need in a way that is easy for your employees to complete. Enrollment managed improperly can mean a host of problems for both the employee and your organization. Let's look at what to include and how to make things as easy as possible for everyone.

Employee Rewards

If you’ve considered revamping your employee rewards program, then kudos! You are definitely thinking strategically about employee engagement and retention.

Employee rewards programs have evolved significantly from their HR origins. Traditional rewards were point-in-time recognition intended to communicate a “thank you” to employees that might be soon forgotten.

Twenty-first century rewards have pivoted to a strategic focus that aligns closely with recruiting, employee engagement, and retention efforts. They’re comprehensive and inclusive in nature and designed to address some of the current issues employers are facing with their workforce.
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