Did you know that disengaged employees can cost companies as much as $500 billion every year? Even though better engagement can lead to a more than 20% increase in profitability, only one-quarter of businesses have an engagement strategy in place. Knowing this, it is vital for companies to devote …
Employee Benefits Articles and Interviews (tag)
How to Keep Your Employees Happy and Productive (Without Breaking the Bank)
With a smaller number of staff, the contribution of every employee in an SME is critical. According to a study, employees of small businesses are working an average of eight extra hours unpaid every week at work and home. The main reason for SME workers doing so many extra hours is to keep up …
Creative Perks to Offer Your Employees
On August 12th, 2016, Catalyst published a list of somewhat frightening statistics about employee turnover and retention. Among them are: In 2015, 33.4 million U.S. employees left their jobs. Voluntarily. An additional 37 percent are considering taking this same action themselves. For …
Affordable Healthcare Options for Small Business Owners
The Kaiser Family Foundation reports that, in 2015 approximately 147 million people (63 percent) were covered by employer-sponsored health insurance, costing business owners roughly $12,591 per employee for family coverage for the year. This amount is up from $8,167 in 2005, highlighting the fact …
Should You Offer Healthcare to Your Employees? Small Business Owners Weigh In
Under the Affordable Care Act’s Employer Shared Responsibility Provisions, employers with at least 50 full-time employees (including full-time-equivalent employees) during the preceding calendar year must offer “minimum essential coverage that is ‘affordable’ and that provides ‘minimum value’ to …
4 Ways to Increase Employee Retention
According to the Bureau of Labor Statistics, between 2.7 and 2.8 million people quit their job every month (yes…million). This is a trend that has been showing an increase since the country’s recession ended, and the industries hardest hit by workers who are choosing to leave their jobs include …
