A person’s age influences many of their characteristics over time—their hair color, their muscle mass and, crucially, their preferred benefits. If employers want to provide benefits that their employees will actually use, they must take their varying preferences into account. In ...
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Topics:
employee benefits,
Benefits by Generation,
Baby Boomers,
Millennials
The COVID-19 pandemic has taken a drastic toll on individuals’ health routines. Many people have postponed preventive care during the pandemic, waiting for a safer time to visit a doctor. That time may be coming soon, so employers should be ready for health claims to surge in ...
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Topics:
employee benefits,
COVID-19,
Major-Medical-Insurance,
Preventive-Care,
Healthcare-Claims
Health benefits costs are almost certainly going to rise in 2021. They’ve been trending upward for years—over 50% in the last decade, according to the Kaiser Family Foundation—and the current state of economic uncertainty over COVID-19 won’t slow things down. Realistically, ...
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Topics:
health care,
employee benefits,
open enrollment,
health-insurance-costs
2021 Open Enrollment Checklist To prepare for open enrollment, group health plan sponsors should be aware of the legal changes affecting the design and administration of their plans for plan years beginning on or after Jan. 1, 2021. Employers should review their plan documents ...
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Topics:
employee benefits,
open enrollment,
Open-Enrollment-Checklist-2021,
ACA-Affordability-Standards,
FSA-Contributions,
HSA-Contribution-Limits
It has become increasingly important for employers to offer some form of an employee benefits package in order to attract and retain a strong workforce. Additionally, employers may want to protect their company from the risks associated with offering employee benefits. While ...
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Topics:
staffing,
PEO,
benefits,
human resources,
employee benefits
Like most aspects of the workplace, recruiting norms have changed as organizations prepare their post-coronavirus plans. While unemployment rates remain high, many employers find themselves struggling to connect with the right candidates. Employers can boost their recruiting ...
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Topics:
staffing,
PEO,
human resources,
employee benefits,
COVID-19,
Recruiting