Group term life insurance is an attractive addition to an employee benefits package. It is generally very affordable for employers and advantageous to employees. In today’s competitive job market, offering employer-provided group term life insurance is a cost-effective way to show employees care about their well-being and increase job satisfaction.
It’s a competitive world. In today’s marketplace, you must offer more than a good salary to attract the employees you want on your team. That’s where employee benefit benchmarks come in. What is an Employee Benefit Benchmark? A “benchmark” is defined by the Oxford Dictionary as: “A standard or point
When company policy is clear and known, employees and employers benefit. Employees will know what to expect from management and how to deal with certain situations. Employers and management will have specific, written guidelines for guidance in situations that require discipline or the enforcement of standards. Certainty in what is
The U.S. government recognizes a list of holidays on its federal calendar. As our workforce, and the many ethnic and religious groups they represent, is far more diverse, the government calendar is not always consistent with each employee’s needs. To increase the inclusiveness of your Paid Time Off (PTO) program
The New Year is just around the corner. It is time to make some resolutions, not just for yourself, but to improve employee well-being, production, and loyalty. Take advantage of the New Year to make changes to help you have the best year ever in 2025. Foster Open Communication Ensure
Your people are your most valuable resource, but how do you keep the stars in your company from moving on? Fostering employee loyalty in a hybrid and work-from-home environment could require more effort. Several strategies can inspire greater loyalty from the employees you want on your team. One effective method
“Generation Z” comprises people born between the mid-1990s and early 2010s. They are also commonly known as “Zoomers” because they needed to use remote conferencing tools like Zoom for school during the COVID-19 pandemic. Since the pandemic, they have been seeking stability, remote work options, and mental health support. Financial
Vesting is a process through which employees gradually earn ownership of benefits provided by their employer, such as retirement savings through 401(k) plans or stock options. This process is vital to retaining and motivating employees, as it rewards their long-term service and encourages loyalty and commitment. Vesting opportunities attract top
With Tax Day just around the corner, many businesses are looking for ways to maximize employee tax savings and benefits. While it may be too late to enjoy these tax savings for 2023, there are still valuable opportunities to explore for future tax years. Here are 10 group benefits options
Your employees rely on your company’s benefits, including health insurance, dental insurance, or even the cost of education. The better the benefits package, the more likely you will attract the best talent – benefits are a factor in a competitive job market. Even with an excellent benefits package, spread a
