HR/benefits professionals at midsize companies are constantly being told that their departments need to contribute more to the bottom line. One way to achieve that goal, some industry analysts contend, is by adopting HR technology for benefit plan procurements, vendor renewals and supplier management services.
Nominate your favorite HR/benefit manager or director for the industry's top award. The winner of the Benefits Professional of the Year award receives a cash award of $3,000 and $1,000 in travel expenses to attend the Benefits Management Forum & Expo in September.
Today's podcast stars Chris Ellis of Sibson Consulting, who talks about improving total compensation and rewards packages on ebn.podhoster.com. (Brought to you by MemberHealth, Experts in Retiree Group Health Care Plans and a Universal American Company)
Skills-based volunteerism is an effective, yet underutilized, professional development tool, states new research from Deloitte's fifth annual IMPACT survey. Only 16% of employers regularly offer this option to employees, the survey finds.
Small business owners have felt the pinch of a tightened economy in the last six months, reports the 2008 American Express OPEN Spring Monitor.
The American Cancer Society reports the number of cancer survivors in the United States has increased four-fold in the last 30 years, and prevalence of cancer is expected to double by 2030. Consequently, for the seventh consecutive year, cancer is the leading reason for long-term disability absence in 2007, found Unum, a provider of group disability insurance.
Companies worried about a talent or labor shortage can breathe a small sigh of relief ... or can they?
Japan has one of the fastest-aging societies in the world. According to the National Institute of Population and Social Security Research, Japanese over 65 years old make up about 21% of the country's population. They are projected to rise to 27% in 2018 and to 35% in 2050.
Companies worried about a talent or labor shortage can breathe a small sigh of relief ... or can they?
While fewer employers are wrestling with double-digit health insurance cost increases this year - as the average hovers around 7% - much pain is still being felt through the ranks of America's business community. Many benefits brokers and advisors not only share that pain, but also are frustrated by factions of the industry that continue to get fat at the trough of health care cost inflation.
Slow economy hits younger boomers hard
Nearly 25% of middle-aged workers (ages 45-64) prematurely withdrew funds from their 401(k), individual retirement account or other investments due to the current economic downtown, according to a survey by AARP.
New research shows that 401(k) participants with lower salaries have smaller plan balances, compared to those with higher salaries and those nearing retirement tend to do a poor job on managing their investments.
DOL online program helps employers with notice requirements The Department of Labor recently launched a Web-based program that helps employers determine which of the department's recordkeeping, reporting and notice requirements apply to them.
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