By on Dec 8, 2015 in Employee Benefits |

Do you include employee training and development in your benefits package? You should—research has revealed that workers consider such benefits when deciding whether to accept a new position or stay with their current employer. In fact, one study conducted by The Society for Human Resource Management discovered a direct correlation between employee turnover and...

By on Nov 20, 2015 in Employee Benefits |

Recently, the Society for Human Resource Management (SHRM) conducted several surveys of their members. In one, 20 percent of organizations reported leveraging benefits packages to retain workers. That number is surprisingly low given how effective desirable benefits can be for keeping staff happy, engaged and committed to their employers.   For example, one MetLife...

By on Nov 6, 2015 in Employee Benefits |

While a solid benefits package will help your company attract and retain top talent, setting one up incorrectly can subject you to fines and even criminal prosecution. Benefit planning is a complicated undertaking, and it’s all too easy for busy business owners to make mistakes. Consider the following potential legal pitfalls you need to avoid.   Required Benefits...

By on Oct 22, 2015 in Employee Benefits |

According to the American Benefits Council, 401(k) plans are the most popular type of employer-sponsored retirement plan in the nation. In fact, 99 percent of employers who responded to the Verisight and McGladrey Compensation, Retirement and Benefits Trends Survey indicated they now sponsor a defined contribution plan. A WorldatWork survey even found that 88...

By on Oct 8, 2015 in Employee Benefits |

We all know that unhealthy lifestyle choices increase the prevalence of chronic disease in our society as a whole as well as within our nation’s workplaces. Employees who are sedentary, practice poor nutrition or use tobacco products are more likely to suffer from dangerous conditions such as diabetes, heart disease and cancer. Not only do these diseases decrease...

By on Sep 21, 2015 in Employee Benefits |

Salary alone is not enough to recruit and retain your industry’s best professionals. A comprehensive benefits package is necessary as well. Most employers know this, and they spend billions of dollars a year on benefit offerings as a result.  However,  the recruitment and retention value of any benefits program is wholly dependent on employee participation. An...