Employee Benefits

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Why Offering a Student Loan Debt Payment Benefit Can Engage Millennials

Attracting and keeping talented millennial employees is a challenge for employers in every industry. Research shows that millennials aren’t afraid to switch jobs. Nearly 75% of these workers, born between 1981 and 1996, believe that constantly changing jobs is necessary to advance their careers. About 40% say they’ve held four or more jobs. This turnover … Read Full Article

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How to Communicate Benefits to Employees: A 6-Step Strategy

Employee benefits count for about 30% of employers’ total compensation spending. Most employers offer benefits to help employees take care of their personal and family needs. But research shows that employees aren’t satisfied with their benefits. Many complain they don’t understand what their plans cover. And 48% of employees surveyed admit not knowing about all … Read Full Article

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4 Tips for Selecting and Communicating Employee Benefits

When choosing benefits, many employees spend less than 30 minutes reviewing their options. Many workers say they don’t understand their choices or how the benefits offered will meet their needs. Employers should invest time in selecting the insurance plans that meet workers’ needs and communicate the value of each benefit throughout the year. Here are … Read Full Article

Coworkers standing in an office, looking at a digital tablet and discussing student loan repayment.

4 Things Employers Can Do to Help Workers with Student Loan Repayment

Nearly 70% of college students with bachelor’s degrees graduate with student loans. The Federal Reserve reports that over 44 million American adults owe $1.5 trillion in student loans. Many employers are exploring options to assist employees in repaying student loans. Here are four things employers can do to help workers with student loan repayment. Use … Read Full Article

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How to Hire and Keep the Best Employees

Finding and retaining talented employees is a challenge for employers of all sizes across the country. Although businesses in each industry face different issues, the competition for the best workers is the same. Employers can create a competitive advantage by aligning their benefits strategies with their business goals. This means offering the benefits and perks … Read Full Article

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Six Reasons Student Loan Repayment Assistance is an Essential Benefit

Losing talented employees ranks among the top issues on employers’ minds, reports a new survey of human resource professionals. Among the challenges that keep employers awake at night are attracting, engaging, and retaining talented and diverse employees. How to compete for talent: There is one thing we know for sure. More and more employees are … Read Full Article

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Offer 4 Benefits and Perks Millennials Value Most

Millennials make up 35 percent of today’s labor force. Born between 1981 to 1996, millennials will comprise 75 percent of employees by 2025. Employers are struggling to find and keep top millennial workers as high base salaries and traditional benefits packages no longer provide a competitive advantage. Instead, employers must provide the benefits and perks … Read Full Article

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Want to Keep Employees Engaged? Offer Voluntary Benefit Choices

For years, voluntary benefits have been popular with employees. These plans offer additional health and personal coverage choices outside of employer-sponsored health plans. Voluntary plans also are effective in helping employers find, keep and engage employees. Stretch budgets, meet needs Most businesses have employees from several generations working together, all with different work styles, interests, … Read Full Article