Employee Benefits Program

A strong employee benefits program – including low-cost employee incentives, employee recognition programs, and employee appreciation programs – can help you improve morale and retention.

We provide employee appreciation day ideas, help you with employee retention strategies and employee benefits management

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To the cheers of small business owners, Congress this month created Health Savings Accounts (HSAs), as described on page 1. That adds a new acronym to the already confusing tangle of tax-advantaged health care spending, which includes FSAs, MSAs, HRAs and more.

If your company offers a retirement plan, the federal government says you must retain a "fiduciary responsibility" over those employee accounts.

Make sure you keep your insurance payments up to date, and never "oversell" the quality or quantity of your employee benefits.

Issue: Offering membership in a credit union as an employee benefit is now easier than ever. Benefits: Employees gain access to low-cost financial services. And you have a new, no-cost ...
Open-enrollment season provides an opportunity to host a benefit plan brush-up meeting for all employees. Do they need it? Yes! Some 43 percent of employees grade themselves a "C" or worse ...

First came tiered drug benefits, in which employees paid higher co-payments for expensive prescriptions. Then came tiered hospital benefits, in which they paid more for costlier facilities. Now, according to the Employee Benefit Research Institute, it's tiered doctor networks.

Never exaggerate the quality or quantity of employee benefits, either in written communication or when trying to sell an applicant on your organization. Courts will make you stick to any promises, ...
Issue: Strong communication with employees is a vital part of controlling health care insurance costs.
Benefit: Employees who understand the forces driving up their premiums are more likely to play ...
Issue: Workplace violence claims about 2 million victims each year. Risk: The resulting injuries and trauma translate to $13.5 billion in medical costs and 1.75 million days of work lost ...
Issue: Telecommuters pose unique legal risks, and courts are still figuring out what employers are liable for.
Risk: Complaints and lawsuits over workers' comp, overtime, discrimination ...
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