Don’t depend on comprehensive health care reform to significantly cut the cost of the health insurance benefits you provide to employees. Many of America’s best companies have found that a few best practices do a remarkably good job of improving employee health and controlling health care expenses. Here are some of the best practices in health benefits used by America’s best employers.
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
“Just take it out of HR’s budget.” If that’s a common refrain among your execs at budget-setting time, it’s time to fight back. "It’s more critical than ever for you to be able to create and defend your budgets,” says Valarie Grubb, VP of Operations and Initiatives at NBC Universal, who spent much of her career building and justifying budgets at large U.S. companies.
Amid layoffs, furloughs, pay cuts and frozen salaries, most organizations are holding onto their work/life benefits during the recession. And some of them are using flextime, telework and other employee favorites as cost-cutting strategies. Here are nine ways your organization can make strategic use of work/life benefits to cut costs, save jobs and pump up employee morale during the recession.
During a recession, every organization seems to face its own unique HR challenges, and that’s leading to creative solutions and new ways of thinking. Here are five best practices that can help comp and benefits pros make changes that contribute to their organizations’ survival.
A new federal law that takes effect Nov. 8 extends eligibility for group health insurance coverage to certain dependent children over the age of 18 who are enrolled in institutions of higher education.
Sometimes, it pays to take the time and spend the money to have legal experts carefully review your proposed actions. That’s especially true if your company is changing the way it does business in a fundamental way and wants employees to sign off on changes that dramatically affect how they are paid or whether they remain employees.
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A brutal economy … layoffs … pay cuts. These are trying times to be a U.S. worker, and not all are handling it well. Nearly half of U.S. workers say they feel stressed out, compared with 39% in other countries, according to a Robert Half International survey. Here are 10 ways to deal with your employees' recession-induced stress:
Quest Diagnostics is so serious about employee health that it calls the director of its wellness programs the “wellness ambassador.” Bill Germanakos, the 2007 season winner of NBC’s “The Biggest Loser” reality TV show, oversees HealthyQuest, which helps the firm’s 41,000 eligible employees change unhealthy behaviors.
A new federal law takes effect Nov. 8 that extends eligibility for group health insurance coverage to certain dependent children over age 18 who are enrolled in institutions of higher education.