Work-Life Balance: Why It Matters More Than Ever
‘Work-life balance’ has become the buzzword of this century. From magazine covers to Instagram posts, we find it almost everywhere.
Cutting Benefits: How It Affects Your Business in the Long Term
Most businesses offer their employees some kinds of benefits, the most common being health insurance. However, increase in the cost of premiums has been the cause of financial burden for these companies. In such cases, companies are forced to take drastic measures in order to minimize rising costs. This includes cutting down the benefits they offer.
Understanding Employee Benefits in the Restaurant Industry
The restaurant industry is one of the most rapidly growing industries in the United States. In 2015, sales reached almost $746 Billion. Forecasts suggest that by 2026, the total number of people employed in the industry will rise to 16 million people.
Common Employee Benefits Issues (And How to Address Them)
The employees of a company are its backbone. Therefore, it is essential that the company takes measures to make sure that its employees always stay motivated. This ensures that the company retains its employees and reduces the rate of absenteeism.
How The ACA Repeal Could Impact Employee Benefits
It doesn’t matter which side of the political fence you’re on, you know that whatever changes will be made to the Affordable Care Act, there will be major changes to employee benefits as well. Unfortunately, most employees are unaware of how this will change how employee benefits work. And the rest don’t think they will face any […]
How an Employee Benefits Consultant Can Help Your Business
Quick Answer: An employee benefits consultant can help a business review its current coverage, prepare for renewals, understand plan differences, and communicate benefits more clearly. Advisors may act as licensed insurance brokers, strategic consultants, or both. Since services vary by firm, employers should confirm the advisor’s qualifications, responsibilities, compensation, and year-round support before making a […]
What Benefits Should I Offer My Employees?
It goes without saying; an organization’s most prized asset is its employees. These workers invest their time and effort into your project to ensure that your company meets it financial goals. While they do get compensated for their efforts in the form of wages, we believe that these, on their own, are not enough to […]
The Dos and Don’ts of an Effective Employee Benefit Plan
The aptly named ‘employee benefits plan’ benefits both the employer and the employee! In addition to improving workplace morale and the performance of your employees, a benefits plan can also increase employee retention and help your organization meet its goals!
Strategies for employee engagement
The very livelihood of any business depends on the thought process of its employees. They are the building blocks of a company, the first choice and the last resort. Without them operating like a single, unified, cohesive unit the company will come down to a grinding halt. Given this important fact you would naturally assume […]
How to Identify Employee Development Needs and Skill Gaps
Employee development needs are easier to identify when employers review five areas: current performance, missing skills, hard-to-replace knowledge, changing job duties, and future staffing needs. Looking at these areas together can help employers separate a true training need from problems caused by unclear instructions, limited practice, or a weak process. For employers in Newtown, Bucks […]
