Open enrollment may have just ended, but it’s never too early to start thinking about emerging benefit trends. Benefits are an increasingly important factor in attracting and retaining top talent, and can play an important role in setting your company apart from competitors. Fifty-seven percent of employees consider benefits to be one of the top factors in accepting a new job.
With open enrollment in the rear-view mirror, it may seem like a good time to sit back and relax before the new year ramps up. You’ve sent all of the necessary files to your carrier, and your employees have their ID cards in hand, but the process isn’t over just yet. Seasoned HR professionals know that the end of open enrollment is a critical time to get your benefits strategy in order before the new year.
On November 6, a record 113 million voters participated in the 2018 midterm elections. With over 49 percent of eligible voters participating, it’s clear that many constituents took time off to vote. From Google’s “Go Vote” homepage to Lyft’s 50 percent discount on rides to the polls, companies large and small did their best to ensure everyone made it to the polls.
Unlimited paid time off (PTO) has quickly become one of the most popular benefits in the modern workplace, with companies like Glassdoor, Dropbox, and General Electric getting lots of attention around their unlimited policies. So what is unlimited PTO and how can companies create a policy that maximizes the benefits for everyone? We’ll dig into the ins and outs of implementing an effective unlimited vacation policy.
For most companies, open enrollment is just around the corner. HR teams across the country are working hard to assemble a benefits package that meets employee needs and helps them stand out from the competition.
On October 29, the state of New Jersey will usher in a new mandate requiring most employers across the state to provide paid sick days to employees. Gov. Phil Murphy signed the act into law on May 2, making New Jersey the tenth state to implement mandatory paid sick leave. With the law taking effect in just a few days, here’s what you need to know to be prepared.
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Take it to the bank—these days, offering employees retirement benefits is an expectation, not an exception. Namely’s survey data shows that 90 percent of job applicants said they’d think twice about joining a company without 401(k) offerings. But when it comes to the nitty gritty, how many employees actually understand how retirement plans work?
While the United States currently has no paid leave requirement, countries around the world have stepped up to ensure employees have time away from their desks. France, the United Kingdom, and Denmark have the world’s most generous paid leave policies. Here’s how their offerings compare to paid time off (PTO) in the U.S.
Thanks to the Affordable Care Act (ACA), dependent children are eligible to receive their parents’ coverage until age 26. But what happens after that? Depending on the specific benefits their parents have, they may end up losing coverage immediately on their birthday.
It was time for a trip to go see my grandmother in her final stage of life.