Remove Insurance Remove Planning Remove Prioritization
article thumbnail

How to contain employee benefits costs (and why most businesses struggle)

Insperity

per hour, per employee, for health-insurance costs, according to Sept. In 2021, employer expenses for health insurance are expected to rise by 3.9 percent, according to Mercer’s National Survey of Employer-Sponsored Health Plans. In 2021, employer expenses for health insurance are expected to rise by 3.9

Insurance 321
article thumbnail

Future-ready HR: The versatility of full-service PEO partnerships

Insperity

Collaborating with a single, full-service PEO partner who understands your strategic initiatives and devises a service plan around helping you achieve them can drive your business forward most effectively. An example of this is a client company discovering that they’ve been continuing to pay for medical insurance for a terminated employee.

Payroll 287
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Is your employee wellness program up to par?

Insperity

Their benefits include: Healthier employees, which can help companies contain health insurance costs Less absenteeism and, therefore, greater productivity Higher morale A sense among employees that their employer cares about them in a holistic manner – beyond their functional role at work – which can strengthen loyalty and improve retention.

Insurance 317
article thumbnail

How to be an employer of choice – even in uncertain times

Insperity

This can look like: Using well-known carriers for the health insurance options you sponsor Contributing to a health savings account or flexible spending account for employees Offering an employee assistance program (EAP) Matching a percentage of employee retirement plan contributions. Rewards and recognition.

Mailing 295
article thumbnail

How the SECURE 2.0 Act of 2022 benefits your workplace

Insperity

workers who are in earlier or middle stages of their careers, their ability to contribute to a retirement savings plan has been hindered by household debt and repayment of student loan debt. employer-sponsored 401(k) plans. SIMPLE plans that qualify will have deferral limits 10% higher than the regular limits. For many U.S.

Security 312
article thumbnail

Digital Nomad Health Insurance: Everything You Need to Know Before Hitting the Road

Success

Navigating the world of health insurance is complicated enough within the United States. When preparing to move abroad as a digital nomad, typical private medical coverage doesn’t necessarily work while you’re outside of your home country—while travel insurance might not be designed for longer trips or anything other than emergency care.

Insurance 106
article thumbnail

Addressing current events at work: The good, the bad and the necessary

Insperity

There’s a place for addressing current events at work, and it should be part of your overall communication planning and strategy. So, how do you get started incorporating these guidelines into your communications plan? Insert a written statement explaining this position in your communications plan.