Employers who offer benefits plans are consistently searching for ways to reduce the costs they incur for providing benefits. One of the best ways to reduce cost is to conduct a dependent eligibility audit. A dependent eligibility audit allows employers to validate that dependents covered under their health and welfare plans are eligible.
I am a big believer that a key to growing a large organization is providing effective communications and as much transparency as possible. Whether you are a startup with a small staff or an established company with thousands of employees across multiple cities, regular internal communication is critical to building a great company.
If employers aren’t compensating employees for off-the-clock work, they could be guilty of violating the Federal Labor Standards Act (FLSA) and subject to costly liabilities. However, the challenge is accurately accounting for and determining if certain activities are off-the-clock.
Business owners get into business to do what they are good at in the first place, not to do HR. However, the ability to hire good people, manage them effectively, and have policies and processes in place to scale with growth are crucial for even the earliest stage startups. Here are the top four HR mistakes startups make and advice for how these mistakes can be avoided.
TriNet is celebrating Small Business Week! Small Business Week recognizes the critical contributions of America’s entrepreneurs and small business owners. More than half of Americans either own or work for a small business and these businesses create about two out of every three new jobs in the U.S. each year. Many communities depend on the strength of their local businesses to grow and thrive.
As a small or midsize business (SMB) owner, it is up to you to find ways to motivate your employees without driving your company into bankruptcy. While this can pose certain challenges, the good news is that there are plenty of things that today’s employees often appreciate as much as – if not more than - money. Here are a few things employees covet that money can’t buy.
Because our healthcare needs and the needs of our families change over time, our benefits needs may change as well. Open enrollment is an opportunity to review the changes that have taken place in your life, anticipate changes to come and adjust your benefits plan accordingly. Here are some questions to ask yourself when choosing your medical insurance during your employer’s next open enrollment period.
Almost 80 percent of American workers feel that employers should be required to offer retirement plans to their employees. But offering retirement benefits is particularly a problem for employees of smaller companies. The multiple employer 401(k) plan may be a solution.
By the year 2020, five generations will be in the workforce at the same time. Overwhelmingly, employers want to ensure they can hire and retain the best and brightest, and that often comes down to what the work/life balance is within the organization. The challenge, however, for an employer with a cross-generational workforce is propviding the ideal work/life balance that all employees need.
An exit interview provides insight that can aid in developing retention strategies and fixing organizational issues. This conversation should be handled with care. Here are several often overlooked dos and don’ts for conducting exit interviews: