A benefits administration platform is a software system that manages employer-sponsored benefits packages for employees. Read on to see how to choose a benefits administration system for your company!
Category: Benefits Strategy
;Best practices and insights about how to design and run your company’s wellness benefits program.
Benefits Strategy
Guide to Employee Benefits for Mid Size Businesses
Employee benefits are an essential part of the employee/employer relationship. As the talent war rages on, businesses are out-competing each other in the benefits department, with good reason. Replacing a great employee costs a lot of money that could be put to better use. Mid-size businesses can save hiring costs by offering valuable and unique Read more…
Benefits Strategy
What are Fringe Benefits?
Fringe benefits definition: Fringe benefits are additional benefits employees receive alongside their salary, though they aren’t legally required. These are often non-cash perks and used to improve the total rewards package offered by companies. These types of benefits increase employee satisfaction and build loyalty among your workers. Read on to learn more about this topic! Read more…
Benefits Strategy
31 Unique Employee Benefits that Your Employees Will Love
The “Great Resignation” has been a topic of conversation for the past two or so years. Since COVID, we’ve seen an ever-increasing rate of employees quitting their jobs, especially due their lack of employee benefits. The reasons for this trend vary, but one thing is clear: if you want to compete with other companies for Read more…
Benefits Strategy
How to do Employee Benefits Planning & Why it Matters
A competitive employee benefits package is valuable for attracting and retaining top talent. It can make employees feel appreciated, increase retention, and boost overall job satisfaction. In fact, some employees prefer additional benefits to a pay increase. There are two types of employee benefits: federally-mandated and voluntary. Examples of federally mandated benefits include: Failure to Read more…