It’s time for companies to dust off their outplacement services offerings and give them a good once-over to make sure they have what employees might need in the case of a reduction in force (RIF). Because as salaries climb to win the war on talent and the economy stares down a likely recession, companies are […]
There’s a new benefit employers may want to consider offering in 2023 – privacy protection. The reason: Eighty-two percent of breaches have a human element involved, according to Verizon’s 2022 Data Breach Investigations Report. Keeping employees’ privacy safe, means keeping the company’s privacy safe. Dimitri Shelest, founder and CEO at OneRep, a privacy protection company, believes the […]
Looking to up your benefits program? Take some hints from a recent Reddit thread of the coolest, most unique benefits that users have at their workplace. Time off When you hear “benefits,” paid time off (PTO) and holidays are probably at the forefront of your mind. But these benefits are a little more out-of-the-box than […]
The war for talent is tough, there’s no debating that. And offering new and different benefits is a great way to attract talent. But when is enough, enough? When do “out of the box” benefits go too far? Maybe when they’re referred to as “fantasy benefits” and include things like “hangover leave.” No, we aren’t […]
As employers look for ways to attract and retain employees in a competitive job market, healthcare benefits are quickly becoming an important factor in employees’ decisions to join or sometimes leave a company. If HR can do a great job to communicate during open enrollment season, they can keep employees engaged and happy. A recent […]
Many factors affect turnover, like employee engagement, job satisfaction, organizational politics and lack of communication. But there are two major factors HR can keep a look out for that can damage employee retention – depression and anxiety. Both of these mental health disorders have a huge economic impact. According to the World Health Organization (WHO), […]
Hard to believe, but we’re halfway through the year. And firms and their HR professionals have been planning their benefit strategies for next year as the Great Resignation marches on into 2023. Due to fluctuating economic conditions and the tight labor market, 2023 is going to be a balancing act between ensuring benefits are […]
Most employees don’t understand their health insurance … even if they think they do! That means they probably aren’t selecting the healthcare plan that best meets their needs. Are they paying for the most expensive plan which they might not need and are wasting money, or are they selecting the cheapest plan to save money […]
Employees can’t be emotionally confident unless they’re financially confident. This is especially true with women, who identify as less emotionally and financially confident than men, according to a Guardian study. And employees who aren’t emotionally and financially confident aren’t doing their best work. That’s because financially confident employees take financial steps to fulfill the goals […]
