Level-Up Dialogues: Give a Boost to Team Ambition and Growth
It’s a fact that employers cannot ignore: employee turnover is a fact of business, and the costs of replacing an employee are high. It’s estimated that replacing an employee costs 3 to 4 times that employee’s average annual salary. For example, if an employee’s average salary is $75,000, it will…
Read MoreMaximizing Employee Benefits: Strategies for Effective Communication
Employers know employee benefits are important. 80% of employers think benefits increase productivity, and 78% think benefits increase loyalty. Employees want the total compensation package, which includes salary, company culture, and benefits. Since employee benefits are such a major investment, it’s crucial to have a plan in place that ensures employees…
Read More6 Employee Benefits Trends to Watch in 2024
As we step into 2024, the world of employee benefits continues to evolve. Understanding employee benefits trends isn’t just about keeping up with the latest perks; it’s about delving into what shapes employees’ working lives and wellbeing, and also the willingness of employers to tackle the trends and offer the…
Read MoreCultivating Creativity: Transforming Organizational Mindsets
Humans tend to put themselves into metaphorical boxes, defining their abilities and characteristics in rigid, “either/or” ways. Consider this: Many people claim they’re analytical and not creative, believing these traits to be mutually exclusive. However, this binary thinking of “you’re either creative or you’re not” is restrictive. The brain is…
Read More2023-2024 PCORI Fee Released
The Patient-Centered Outcomes Research Institute (PCORI) fee established by the Affordable Care Act helps fund research to evaluate and compare health outcomes, clinical effectiveness, risks, and benefits of medical treatment and services. The fee is currently in place through 2029. In Notfice 2023-70, the IRS announced that the…
Read MoreBeyond the Paycheck: 5 Ways to Show You Value Your Employees
Employees are the backbone of your company. They drive growth and ensure stability and success. But office life is hectic, and showing appreciation can sometimes slip through the cracks or put as an “I’ll do it later” item on your to-do list. Yet, when employees are recognized for their efforts,…
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