The government will forgive up to $20,000 in student loan debt for Pell Grant recipients and up to $10,000 for millions of other student loan borrowers. That’s obviously good news for many of the country’s student loan borrowers. What’s less…
Benefits
One of the demands placed on human resources professionals who manage employer-sponsored retirement plans is keeping in stride with employee expectations and desires. These two elements are anything but static, changing as generational and consumer tastes evolve. Moreover, an HR…
Many people adopted furry friends during the pandemic. And while they bring needed companionship, pets also bring high medical bills. The solution to this problem ... pet insurance benefits. Forty-five percent of pet owners will spend the same amount or…
Employee surveys have become a popular way for employers to demonstrate their interest in their employees’ concerns. But if no action is taken as a result of what you learn from them, your survey efforts will have little benefit and could…
The tight labor market is pushing some employers to hire outside the U.S., while other global companies have been doing it for years! However, if you’re hiring globally, here’s one factor you must realize immediately: One size does not fit…
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…
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…
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…
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…
If HR wants younger employees they hire to be “all in,” organizational leaders will want to take the charge with benefits programs structured around supporting whole-person wellness. While benefits like annual raises and an employee assistance program (EAP) with appointment…
Did you know companies that invest in employees' well-being see results as high as 600% ROI? That’s because for every $1 invested in employees’ well-being, medical and absenteeism costs go down. The type of wellness programs that see these kinds…
The Great Resignation has spurred a lot of talk about unconventional benefits, and how companies can use one or two of them to attract and retain talent. But HR Morning recently encountered a company that’s basing most of its benefits…
A new twist on bereavement leave has been gaining steam – and companies in Illinois will soon be required to provide it under state law. Gov. J.B. Pritzker recently signed the Family Bereavement Leave Act, which expands the definition of…
If you don’t already offer employees the benefit of having some type of workplace savings program, you might want to consider it asap. Here’s why: In a new study, 50% of employees who don’t have access to a workplace savings…
Working parents - whether you’re a father, mother or a non-binary parent - have faced more challenges in the last two years. Yet, much of the world focuses on mothers and birth parents as the primary caregivers. That often leads…
Companies are looking for ways to get ahead of their competition when it comes to attracting the cream of the crop and maintaining their star talent. One way to do that and show you respect all employees and their families is by…
