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
When President Obama signed the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 late last year, preservation of current tax rates and a one-year Social Security tax cut got all the headlines. But tucked into the broad statute were several provisions affecting employee benefits.
The U.S. Department of Labor has released $205,063,552 in federal funds to shore up North Carolina’s unemployment insurance plan. States that meet federal guidelines were eligible to receive the federal funds, appropriated under the American Recovery and Reinvestment Act.
Terminating employees is never easy. Not only do you have to think about the employee’s reaction and those of co-workers who may be worried about their own jobs, you also have to worry whether the employee will sue and how to minimize the risk. One area you have control over is making sure that every terminated employee receives legally mandated termination notices. Here’s a quick guide.
Q. We want to fire a bad worker, and we don’t want to take an unemployment comp hit. Under California law, when can a terminated worker be denied unemployment benefits?
Q. We offer health insurance coverage only for individual employees. We’ve never provided family coverage for anyone, nor do we make it available at the employee’s cost. An employee with a daughter in grad school says the new health care law requires that she be allowed to add her daughter to the plan because she is younger than 26. Is this true?
Q. We just received a letter from an employee who has requested a copy of our medical plan. Are we required to provide this information to her?
“If HR stays on the transaction side, we’ll be out of business in 10 years,” said Conrad Venter, global head of HR at Deutsche Bank. “Business leaders will say.… ‘Where’s the value?’” and choose to outsource those transactional duties."
If a star employee has ever surprised you during an exit interview by saying she had been dissatisfied with her job for a long time, you’re not alone. It’s common to find a vast divergence between employee satisfaction and management’s take on the situation. Managers frequently make five big mistakes that can send your valued employees packing. Luckily, they’re easy to fix.
Much of your work as a compensation and benefits professional involves putting out fires and dealing with day-to-day tasks. But don’t let the details get you down! Start the new year by resolving to think strategically. Use this planning guide as a road map for 2011.
Of all of HR’s priorities, keeping good employees is on top. You can be a hero in the post-recession years ahead. Act like one: Be brave enough to communicate the truth to both employees and to company execs. Assert your key role by trying the following: