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Outsourcing benefits administration can streamline operations, reduce costs, and improve employee satisfaction. Here’s a guide to help you understand how to effectively outsource benefits administration:   Section 1: Introduction   Definition of Benefits Administration Benefits administration encompasses the management of employee benefits programs, including health insurance, retirement plans, and other perks. Efficient administration is crucial...

By SHRM Daily Newsletter   Employee referral programs are typically an effective and convenient method of recruitment for employers. The process is a cost-effective measure that can be used to tap into a large, qualified talent pool and can yield higher employee satisfaction and retention rates. Candidates obtained through an employee referral program are usually...

Benefits administration plays a crucial role in the success of any business. By efficiently managing employee benefits, companies can improve workforce satisfaction, ensure compliance, and enhance overall operational efficiency. This article explores how benefits administration can significantly impact your business in various positive ways.   Enhancing Employee Satisfaction and Retention   Employee satisfaction is a...

By Roy Maurer   While the U.S. Federal Trade Commission’s (FTC’s) new rule banning noncompete agreements faces legal challenges, workplace experts say employers should prepare for the rule by reviewing existing agreements, exploring alternatives and focusing on retention efforts, which have taken on added importance.   The FTC voted April 23 to prohibit most new noncompete...

Choosing People First, Inc. for benefits administration could be beneficial for several reasons:   Experience and Expertise: People First, Inc. may have a track record of providing comprehensive benefits administration services. Their experience and expertise in managing employee benefits can instill confidence in their ability to handle complex tasks efficiently.   Customization: They might offer...

By Kathy Gurchiek   Looking to attract younger workers to your organization? Pay attention to your retirement benefits. Nearly two-thirds (65 percent) of 2,518 undergraduate students surveyed said they wouldn’t accept a job that didn’t include an employer-administered 401(k) or similar benefit, according to a recent Handshake report.   Time off and health care coverage...

Benefits administration refers to the process of managing employee benefits offered by an organization. These benefits can include health insurance, retirement plans, paid time off, wellness programs, and various other perks provided to employees as part of their compensation package.   Benefits administration involves tasks such as enrollment, managing employee data related to benefits, ensuring...

Taking time away from work is crucial for several reasons, both for individuals’ well-being and for maintaining productivity and effectiveness in the workplace.   Physical and Mental Health: Continuous work without breaks can lead to burnout, which is characterized by exhaustion, cynicism, and reduced professional efficacy. Taking time off allows individuals to rest and recharge,...

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