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benefits
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Financial Benefit Plans Key to Talent Management Strategies, Report Finds
editor@talentmgt.com 6/16/11The study also found that 94 percent of employers believe it is important to retain older employees for a longer period of time before they retire in light of the talent and skills they possess.
Employees Fully Unplugging on Vacation Despite High Jobless Rate
editor@talentmgt.com 6/17/11Sixty-five percent of employees have no qualms about using some or all of their allotted vacation time.
More Employers Using Third Party Managers to Save on Drug Programs Costs
editor@talentmgt.com 6/20/11According to a survey, 57 percent of employers are now using third-party pharmacy benefit managers to process and pay prescription drug claims.
Survey: Formal Paid Time-Off Programs Gaining Steam
editor@talentmgt.com 7/6/11The survey results found 38.1 percent of service employers now offer a PTO program to employees. PTO programs group together all paid absences, including vacation, sick and personal days.
Feeling the Benefits Squeeze, Employers Turn to Flex
Mike Prokopeak 7/12/11Budgets continue to take a toll on benefits. Workplace flexibility, wellness programs and better communication may ease the pain.
Genpact and Nissan Extend Relationship for HR Delivery Capabilities in Japan
editor@talentmgt.com 7/12/11The extension includes a seven-year agreement, whereby Genpact will provide payroll, benefits, staffing, training and other key HR services to Nissan.
Survey: Job-Seekers Want a Company That Cares
editor@talentmgt.com 7/21/11Challenging work, job security and attractive benefits also rank high on wish lists.
Small Businesses Face Looming Retention Problem
editor@talentmgt.com 7/27/11Study shows many small business employees are unhappy with benefits, leading to reduced loyalty.
Numbers Show Auto-Enrolled Participants Save Less for Retirement
editor@talentmgt.com 8/2/11Automatic contribution increase can help disengaged participants save more.
Benefits Increasing in Importance for Employees
editor@talentmgt.com 8/19/11Report concludes that as governments cut back, those companies that compensate will win the war for talent.
Boomers Report Saving More for Retirement
editor@talentmgt.com 8/23/11Nearly one-third (21 percent) of boomers have not seen any rebound in the value of their retirement accounts, 16 percent report owing more on their mortgage than their home is worth, and one-fifth (19 percent) have less than $10,000 in retirement savings.
Employers Expect Moderate Pay Raises Next Year
editor@talentmgt.com 8/26/11According to a survey, employers do expect to fully fund their annual bonuses for workers this year, as corporate profits have increased.
Study: Employees Value Benefits More Than Ever
editor@talentmgt.com 10/31/11Research from Unum shows importance of most benefits has steadily increased since 2008 among employees of all ages.
Study: U.S. Employers Have Restored 401(k) Matching Contributions
editor@talentmgt.com 11/3/11The majority of U.S. employers that suspended their 401(k) plan matching contributions during the economic downturn have since restored them, according to new analysis by global professional services firm Towers Watson.
Survey: Finance, HR Execs See Change in the Wake of Health Reform
editor@talentmgt.com 12/16/11The survey by global professional services company Towers Watson and Forbes Insights found that both groups of executives share an expectation of further increases to their health care and other reward budgets in the next few years.
Survey: Holiday Season Delivers a Mixed Bag of Benefits to Executives
editor@talentmgt.com 12/19/11Holiday parties and gift giving are sledding into a snow bank of low job satisfaction and bonus anxiety at global organizations this holiday season, according to an executive survey by Korn/Ferry International, a provider of talent management services.
Study: Cultural Influences Impact Retirement Planning
editor@talentmgt.com 2/2/12Research from ING U.S. showed that while Americans of all backgrounds encounter similar barriers to saving and planning, cultural differences account for disparate experiences among the groups.
ADP to Acquire Human Resource Solutions Subsidiary of SHPS
editor@talentmgt.com 3/8/12SHPS Human Resource Solutions offers services that include benefits eligibility and enrollment, spending accounts, COBRA, absence management, benefits advocacy and print and fulfillment.
Flexible Benefit Service Corp. Boosts Relationship with Health Care Service Corp.
editor@talentmgt.com 3/16/12As an HSA vendor listed on the BCBS employer application, FlexHSA Plan seeks to make the process seamless for employers and their employees.
Study: U.S. Employees Making Progress Toward Retirement Readiness
editor@talentmgt.com 6/12/12When factoring in inflation and post-retirement medical costs, Aon Hewitt projects employees will need 11 times their final pay in retirement resources, such as company-provided plans and personal savings.
Survey: Employers Increase Benefits that Improve Employee Health and Wellness in 2012
editor@talentmgt.com 6/27/12Over the last five years, benefits that reward employees for improving their health have jumped, according to a recent survey, a sign that organizations recognize employees value these benefits and are looking for ways to cut business costs.
Mercer launches Initiative To Help Firms Address Critical Workforce Challenges
editor@talentmgt.com 7/3/12Titled "Inside Employers' Minds: Confronting Critical Workforce Challenges," Mercer will aim to provide resources and insights in three areas: taking pension risk off the table, making smart benefit choices and building high-impact talent.
Survey: Majority of U.S. Workers Work On Vacation
editor@talentmgt.com 7/12/12Moreover, single workers expect to be asked to do work by a boss, client or colleague more often than married workers — 15 percent vs. 6 percent, respectively — according to a recent survey.
Use of Incentives Grows as U.S. Employers Look to Improve Workforce Health and Productivity
editor@talentmgt.com 8/8/12U.S. employers are increasingly relying on incentives to drive participation in health programs and encouraging employees and their families to take better care of themselves, according to a new survey.
Study: Incentive Travel Still a Key Motivator
editor@talentmgt.com 8/9/12More than 86 percent of employees feel recognized by earning motivational travel, according to a new study.
Boost Productivity Using This Benefit
Christine Rafanelli 9/14/12Can’t afford to offer unlimited vacation plans? Not a problem. Here are other creative policies to ensure your employees — and organization — can reap the benefits of vacations.
Average Health Care Premium Increases Projected to Rise Up to 6.3 Percent
editor@talentmgt.com 10/3/12Also, the average health care cost per employee was $10,522 in 2012, up from $10,034 in 2011. The portion of the total health care premium that employees were asked to contribute toward this premium cost was $2,204 in 2012, compared to $2,090 in 2011.
Survey: U.K. Workers Least Likely to Ask for Promotion
editor@talentmgt.com 10/25/12Also, hiring managers in the U.K. are the least likely to use Facebook to communicate with employees or use social media to identify prospective job candidates.
Most Workers Didn’t Use All Their Vacation in 2012
editor@talentmgt.com 12/18/12Just 30 percent of employees used all their vacation time this year, according to a new survey.
Most Workers Don't Know the Details of Their Health Care Coverage
editor@talentmgt.com 1/10/13Not only are employees disconnected when it comes to their personal health, but they are equally misinformed when it comes to understanding what the employer pays for their health care, a new survey shows.
Study: Some Americans Will Tap Retirement Plans for Non-Retirement Needs
editor@talentmgt.com 1/16/13New research finds that one out of four participants in 401(k) retirement programs will either cash out their savings before retirement — incurring substantial penalties and taxes — or forfeit them to loans.
Survey Reveals Office Perks That Drive Retention
editor@talentmgt.com 1/24/13When employees were asked to identify one perk that would make their workplace more satisfying, early dismissals, convenient gym access and casual dress scored highest.
Boost Your Approach to Benefits With These Tips
Audrey Tillman 1/31/13Here are some best practices to help educate employees and communicate more effectively about benefits offerings.
Roughly Half of Eligible Part-Time Workers Elect Health Care Coverage
editor@talentmgt.com 2/4/13Also, the average employer contributed $7,225 in health premiums in 2012, according to a new study.
More Employers to Add Roth Features to Retirement Plans
editor@talentmgt.com 2/6/13While about 49 percent of employers currently offer no Roth provisions, 29 percent say they are likely to add this feature in the next year, according to a new survey.
Ignore Employee Recognition and You’ll Be Sorry
Derek Irvine 2/8/13Employee recognition isn’t a fluffy concept. Here are five ways it can actually drive bottom line results.
Lockheed Martin Awards Grant to Support Veterans’ Workforce Transition
editor@talentmgt.com 2/12/13The global security and aerospace firm is awarding a $10,000 grant for long-term development and job placement for veterans still in the military.
More Employers Plan to Offer Lump-Sum Pension Payouts
editor@talentmgt.com 2/13/13Many companies plan to decrease their pension risk exposure by offering participants a one-time lump-sum pension payout this year, a new study found.
As Health Care Changes Loom, Is HR Ready?
David L. Barron 2/19/13The sweeping health care reform passed in 2010 finally takes full form in 2014. Here’s what HR needs to know.
The Death of the Paper Resume
Jennifer Kahn 3/22/13For some employers, paper resumes are hopelessly out of date. Instead, they're checking Klout scores and asking for resume submissions via Twitter.
ADP Launches Health Care Reform Website for Employers
editor@talentmgt.com 5/6/13The new section of ADP’s website aims to provide information to employers related to health care reform through webinars and other online learning tools.

