Tag: Employee Benefits
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What are The Pros and Cons of Using a PEO?
What are The Pros and Cons of Using a PEO? Companies are turning to Professional Employer Organizations (PEOs) to handle their HR needs due to increases in state and federal compliance laws. Before making this important decision for your business, it’s important to understand both the advantages and drawbacks of partnering with a PEO. What…
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Unlocking Portfolio Company Potential: The Comprehensive PEO Strategy for PE and VC Investors
The Changing Landscape of Business Growth In the high stakes world of private equity and venture capital, success hinges on more than just the financial investment. Today’s savvy investors understand that the right HR strategy is often the difference between a good investment, and a transformative one. The Hidden Performance Multiplier Recent NAPEO research…
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Empowering Baby Boomers: Building a Competitive Benefits Package
A Baby Boomer is someone born between 1946 and 1964. This generation is currently between 58 and 78 years old (in 2024). They tend to have a strong, loyal work ethic and excel at face-to-face communication and building relationships with colleagues. Boomers have a wealth of experience accumulated over long careers. They value jobs that…
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Year-Round Benefits Education
For most organizations, employee benefits communication kicks into high gear during open enrollment season. During this time, there is a surge in emails, educational webinars, fliers throughout the office, and a barrage of forms demanding signatures. Post open enrollment, however, employees often receive minimal information about their benefits. While sporadic email updates or new laminated…
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Top Benefits for 2023
A hot labor market that has seen scores of employees leave their jobs for new and better opportunities has HR and benefits leaders planning to up the ante when it comes to benefits that sway workers to stay. But at the same time, employers also are aware of soaring costs and inflation concerns and are…
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Controlling Employee Benefit Costs Amidst Inflation
Inflation is a silent budget killer- it causes everything to go up, from your groceries to your gas, as the purchasing power of money decreases. Americans are feeling the pinch as the U.S. experiences the highest inflation level in 40 years. Inflation has been particularly frustrating for Americans who are struggling to pay for items…
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Benefits Education 101 for Employees
Companies spend a large amount of time and money creating valuable benefits plans for employees. But after all that work, they often get low participation. Good benefit choices require an effort from employers to ensure that employees have help in understanding their benefits options. To make things even more complex, employers are having to consider…
