Highlights Of Affordable Care Act
The Affordable Care Act (the ACA) was passed and made in the law in 2010.
Voluntary Benefits
Healthcare costs will only continue to inflate according to recent trends, which will inevitably shift the cost onto employees and result in increased premiums every month. This makes voluntary benefits the new buzzword in the workplace. According to a survey conducted by Willis Towers Watson, over 92% of US employers now believe that voluntary benefits […]
Top Voluntary Benefits
The disruption brought about by technology has also seeped through the workplace. Employees now want the same level of customization in a comprehensive benefits package offered as part of their job. Given that voluntary benefits don’t really take too much of a toll on the bottom line of a business, a slew of voluntary benefits […]
The culture of paid time off (PTO) in the US
It has become expected of workers to burn the midnight oil without taking a break. Research from the Department of Psychology of the State University of New York has shown that workers who have skipped on their vacations for five years in a row are at a 30% increased risk of suffering from heart attacks […]
How to Inform Employees About Outsourcing Benefits Administration
Outsourcing benefits administration can help employers manage employee benefits more efficiently. It may give employees better access to enrollment tools, benefits information, support channels, and plan documents. But for employees, a benefits administration change can feel confusing if it is not explained well. They may wonder who will answer their questions, whether their benefits are […]
Making the best of your retirement
Despite numerous horror stories circulating around the internet about the importance of saving for retirement, few Americans take their savings account seriously. Experts say that no matter what your age is, you should start saving now. Here are 7 ways to make the best out of your retirement plan Retire at age 65 or more […]
4 Ways To Show Your Employees That You Value Them
A basic salary is never enough to keep employees from sticking around their workplace for long, not motivated ones anyway. A place where your efforts go unnoticed, your achievements unappreciated and your skills untrained—would you stay?
Blockchain technology and its use in employee benefits
Blockchain technology is more than just going to revamp the financial industry. The underlying mechanism behind the latest disruptive force is the role it plays in authentication and validation. Because of this, blockchain technology will soon be responsible for a seismic revolution in society, and the most important beneficiary of this revolutionary change will be […]
New York State Employee Benefits
A permanent , full time New York State employee is eligible for these benefits:
How to Lower the Impact of the Rising Healthcare Cost on Your Financial Bottom-line?
After the announcement of newly proposed changes in the healthcare act, employers across the board are rethinking their employee health benefits plan. Employers are revising their plans for two important reasons. Firstly, to deliver better coverage to employees; and secondly to curtail healthcare cost.
