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
Unfortunately, dealing with health insurance and healthcare providers is one of the most challenging and stressful things an individual faces in today’s society. That is why healthcare benefits are a staple aspect of attracting and maintaining a talented workforce for a business. Yet, understanding and maximizing these benefits is often
“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
Achieving a harmonious work-life balance is a constant challenge. As employers, fostering a work environment that values and promotes work-life balance not only enhances employee well-being but also contributes to heightened productivity and job satisfaction. In fact, giving your workforce an opportunity to rest and recharge is a critical factor
Finding and retaining a trusted, productive team of employees is a challenge for smaller businesses. Instead of enduring a high and costly turnover rate, there are actions you can take to improve employee retention. By offering disability insurance as part of their benefits package, companies can show their employees that
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
