Here’s more evidence that supports how important benefits are to employees. Survey results released this week from AICPA* indicate that employees favor workplace benefits four to one (80 percent) over an identical job with 30 percent more salary but no benefits. This is quite a staggering statistic, but not entirely unpredictable. After all, most [...]
Primary plan changes are inevitable, especially during this time of year. Changes can often have unintended consequences. But what if you had a way to mitigate those changes and lessen the impact? That’s where ArmadaCare’s suite of supplemental insured products comes in. As we’ve discussed before, ArmadaCare’s insured plans qualify as excepted benefits, they [...]
In a labor market that seems to tighten its grip with each passing year, recruiting and retaining key talent becomes increasingly difficult to achieve. Like almost all companies, time, money and resources, in turn, must follow suite to counter this trend. So what’s the best way to solve these problems? We’ve identified three challenges and [...]
You’ve heard of absenteeism: when employees regularly don’t show up to work. The business implications of absenteeism are typically easy to see. An employee is missing, so their work isn’t getting done. Ultimately the company’s bottom line is negatively affected. But have you properly weighed the impact of presenteeism on your work environment and [...]
We’re in the middle of a talent drought and a job opportunity downpour. The unemployment rate is at an impressive 18-year low, and as a result, unhappy employees feel confident seeking other opportunities, thus creating a serious turnover issue. While retention is a top priority for both employers and HR leaders, it can seem [...]
Forward-thinking companies realize that salaries just aren’t enough in today’s tight talent market. Winning the war for talent requires having the right benefit package, which is also key to driving loyalty, fostering productivity and reducing turnover rates. What type of benefit can help you accomplish all of this? While the market is full of [...]
Employee turnover is becoming a critical issue to all companies. In fact, turnover last year in the U.S. was at 28%, an 11-year-high. While retention has been a top priority for both HR professionals and company leaders for some time, the employee turnover epidemic is becoming progressively worse. Why Is Turnover Getting Worse? The gig [...]
Great employee engagement may sound like a ‘nice-to-have’ company goal, but it’s actually a lot more important and impactful to your bottom line than you might think. Today in the U.S., only 34% of employees are engaged at work. Almost half (49.5%) are not engaged, a huge population that doesn’t really care one way [...]
To truly define the term talent brand, we first need to define employer brand. Employer brand: The attributes and values associated with your company as a place to work Talent brand: The highly social and public version of your employer brand that incorporates what talent thinks, feels, and share about your company as a [...]
There is no place for the ‘everyone is replaceable’ mentality in today’s job market. Unemployment is at an 18-year low, which means if you lose employees, there will be a lack of skilled talent to fill open positions. That’s why retaining talent is pivotal to your company’s bottom line and taking the initiative to [...]
