Tuesday, December 1, 2020 ( by Saad Imran ) The COVID-19 pandemic has not only affected the physical health of millions of people and left hundreds of thousands dead; it also had an adverse effect on the mental health of employees all over the world. READ MORE >>
Monday, November 30, 2020 ( by Saad Imran ) With 22 million Americans losing their jobs due to an ongoing pandemic, 2020 has disrupted many industries' operations and caused many businesses to shut down. This past year has also caused employees to change their expectations towards the employee benefits program. READ MORE >>
Wednesday, November 4, 2020 Should anyone feel surprised by things employers don't know about employee benefits? Certainly, too much information and too little time keep us from knowing everything about today's business world. In addition, today's HR employees have an unprecedented task volume. READ MORE >>
Tuesday, October 20, 2020 (by Andres Rojas) As 2021 gets nearer, more Americans are either working from home, working part-time, or in-between jobs than ever. Indeed, the pandemic has brought sweeping changes to the workforce. So much, in fact, that the pre-COVID-19 labor market as we knew is unlikely to return soon, if ever. READ MORE >>
Friday, September 25, 2020 ( by Corinna Underwood ) A leave sharing plan, also known as leave donation, permits employees to donate accumulated paid time off, sick leave, or vacation time to a pool form. This time can be used by fellow employees who are going through a major disaster or medical emergency and have already used all their paid leave. READ MORE >>
Tuesday, September 1, 2020 ( by Saad Imran ) HSA is short for Health Savings Account, an account created for employees covered under high-deductible health plans. HSAs were introduced in 2003 to replace the medical savings account system. According to a report published in 2017, there will be 30 million HSAs by the end of 2019. READ MORE >>
Monday, August 31, 2020According to LinkedIn, start-ups have an attrition rate of 25%, nearly double the industry rate of 13%. Also, the cost of replacing a salaried employee is about 6 to 9 month’s salary of that employee. And do not forget the time it takes the new employee to adapt and learn everything. READ MORE >>
Thursday, August 20, 2020 Decisions about offering employee benefits make a big difference in a business's margins. In these post-pandemic times, that has become critical for many companies. Small businesses as well as huge corporations must offer certain benefits, such as Social Security and Medicare, of course. READ MORE >>
Saturday, August 15, 2020 As the coronavirus cases reach 3.5 million in the United States - at the time of writing this - you have to agree that the pandemic has been an upending whirl of ominous news. Think about it: the massive deaths, the for sure furloughs and the layoffs, the increased violence and unrest, and the overall hit to the global economy. READ MORE >>
Monday, August 10, 2020 Everybody knows that the mouthwatering essence of a sandwich is its filing. Why are we talking about sandwiches? Hold on; we’ll give you the answer in a minute. Every generation has lived through what is known as the sandwich generation. No! READ MORE >>
|
Blog Archive
|