Are You Focusing Too Much on Employee Retention?
It’s been said that companies tend to focus on recruitment, and overlook retention. But in today’s tight labor market, it turns out retention may be getting too much attention.
Tag: benefits
Problem or No Problem: Candidate Issues to Reconsider
With a tight job market, many employers are finding it more and more difficult to hire top talent. There are fewer job applicants for the average vacancy. There’s a greater likelihood that the ideal candidate will have multiple offers to choose from.
How Employers Can Impact Employee Financial Wellness
Employees who are under financial stress can have a negative impact on an employer in many ways. They may show up to work distracted, for example, which could mean they’re less productive or more likely to make mistakes. They may become agitated more easily, which can lead to other workplace issues. They may even take […]
Workers Want Pension Benefits
A new survey finds pension benefits are a major factor for most workers in North America when deciding to accept a job. What’s more, interest in the benefits is widespread, regardless of age.
Ask the Expert: Our Vendor Had a HIPAA Breach—What Are Our Obligations?
Question: We were notified that there was a breach of HIPAA at one of the vendors we use. The vendor did follow proper protocol and written notices of the breach were sent to all of the employees. My question, is there any additional requirements for employers in this situation? Answer from the experts at HR […]
Benefits Employees Appreciate Most in 2018
In today’s tight labor market, companies can’t afford losing top talent. With three in every four employees more likely to stay with their employer just based off their benefits package, it’s important for companies to identify which benefits matter most to their employees. In identifying what benefits your employees value most, you can retain your […]
Medical Charges Reach New ‘High’: Medical Marijuana and Workers’ Comp
The Delaware Industrial Accident Board (IAB), the agency responsible for processing workers’ comp claims, recently provided the first guidance on whether employers may be required to pay for an injured employee’s medical marijuana.
IRS Restores Maximum Family HSA Contribution to $6,900
Responding to concerns about administrative headaches for plan sponsors and administrators, the Internal Revenue Service (IRS) reversed its previous decision to lower the maximum family health savings account (HSA) contribution from $6,900 to $6,850.
Voluntary Benefits Now Viewed as Essential
A growing number of U.S. employers now view voluntary benefits, once considered perks that were “nice to have,” as integral to their core employee benefits strategy.
Study Offers New Insight into Millennial Women
Employers that offer a 401(k) plan and other investment vehicles should take note of a new study about Millennial women. Findings also have implications for employee recruitment and retention.