HR Benefits ManagementThe HR consulting firm Buck Consultants reports that employers are more likely to hand out bonuses than increase salaries for 2010.
As if runaway health care costs arent enough now, statistics show U.S. companies annually lose an estimated $2 billion because of employees inadequate language skills and poor cultural competence.
Recently, a friend of mine called to tell me how disappointed he was in his corporation's new risk manager. "Why?" I asked, fully aware that risk and benefits managers are always the finest of folks.
Selecting a new broker can be a daunting task. Benefits rank up near the top of employers' expenses, so working with the right broker never has been more important.
Despite the fact that three out of four Generation Y workers (those between 22 and 33 years old) feel secure in their jobs, more than 70% are very concerned about their finances and have set the goal of daily money management and budgeting, according to a study by Fidelity Investments.
Some employees dont believe that talk is cheap. Nearly 30% of employees report that they offer more than 20 suggestions every year to their employers, reports Right Management, a talent and career management firm.
The Bureau of Labor Statistics reports that access to employer-based benefits continues to depend on a workers income level, with high-wage earners having greater access to workplace benefits compared to lower-wage workers.
Among buyers of HR products and services, about one-third begin their search for a vendor or service provider by searching the Internet, according to an annual survey conducted by HRmarketer.com.
U.S. Labor Secretary Hilda Solis presented her plans for Americas workforce in 2010, emphasizing the importance of COBRA, OSHA, and the reauthorization of Workforce Investment Act, to the House Committee on Education and Labor on Wednesday.
Switching to account-based health plans and implementing health management strategies enabled employers to keep their health care cost increases surprisingly low in 2009, and they plan to continue these strategies this year.
Laying off personnel, reducing salary increases, eliminating 401(k) matches and other benefits cuts seem to be the norm. These takeaways have a direct impact on your workforce.
In Wednesdays State of the Union address, President Obama outlined a policy agenda that will continue to make employers, especially sponsors of health insurance and retirement plans, vital to the nations economic recovery.
While many employers reduced their benefit packages over the past year, a select few took an alternate route, choosing instead to bolster their offerings to recruit, retain and motivate the employee population.
One is the loneliest number, but that doesnt mean that working singles should get zero benefits, argues a new policy brief on marital status discrimination.
The open enrollment period is the busiest time of any benefit professional's year, leaving pros with barely time to catch their breath.