Tag Archive For "employee benefits"
Renewing employee benefits: Why should you stay with your current provider?
Among all of the annual costs facing businesses these days, compensation and benefits packages remain among one of their largest expenses. Salaries take a significant chunk out of operating budgets and employee benefits will often not be far behind. With benefit plans being annual contracts, companies will be regularly faced with the option of renewing …
Employee benefits solutions engagement: Is your company reaping the rewards?
Offering employee benefits solutions isn’t just to support staff, it should also benefit your company. Having a global employee benefits strategy is simply lip service if you’re not reviewing how your benefits plan is performing. Engagement is one key measure that can tell you how healthy your package is. Are your staff aware of the …
Have you forgotten about Gen X? Revisiting management benefits for senior executives
There’s no denying that workplace demographics are changing. The Baby Boomer’s days as employees are coming to an end as many of the last of that generation reach retirement and a significant amount of focus has been put on the rising talent of the Millennials – but what about Gen X? Many of this generation …
Introducing our new guide on structuring employee benefits
Implementing the right employee benefits package can help you retain your top talent, and attract the crème de la crème. Finding and structuring the best-fitting solutions for your company and staff, however, can be onerous – especially if your HR team is doing it alone without the guidance of an expert benefits broker, like Pacific …
Questions you should ask when weighing up healthcare for small businesses
Earlier this month, we examined employee benefits for small businesses, and why companies might want to offer such perks to their staff. Some do it for talent acquisition purposes; others to reward and support loyal, hardworking staff. Whatever the reasons, securing healthcare for small businesses can seem like a huge task. Asking these key questions …
Employee medical insurance: Why is health insurance important?
With so many flashy, new types of wellness benefits on the rise in the industry, it can be easy to forget about the more common perks like employee medical insurance. Employer provided health coverage has become the standard foundation benefit for the platform of many companies. It could even be true that younger generations won’t …
Does your small business need employee benefits?
No matter where small businesses operate around the world, they will oftentimes have many of the same types of issues to worry about. Sure, every small business will worry about the bottom line and remaining profitable, but there are a number of different aspects of doing business that seem to remain constant across different industries …
What are the advantages to outsourcing employee benefits management for your company?
Outsourcing isn’t the taboo subject it once was. There are, understandably, people who will think of redundancies and work moving offshore but, for many modern businesses constantly searching for flexibility and cost efficiencies, shifting duties to third parties can be a smart way to reduce your company’s investment in an area while boosting its effectiveness. …
What are the top non-monetary benefits for employees?
In a perfect world, your employees would all be super motivated and hardworking top performers. While every business will have its share of top performers the reality is that most employees will be, well, average. The key struggle for many business owners and HR teams is in motivating these employees. In some cases money will …
Things companies should know about offering employee life insurance
Offering company life insurance for employees as part of your benefits package can be a great move. Regardless of career ambitions, many of your staff will be working to provide for their family; parents building a future for their children, or people looking to take care of their elderly parents. Employee life insurance provides people …