Health insurance is one of the top benefits that employers can offer to employees. Providing health insurance to employees requires employers to stay on top of the ever-changing legal landscape focused on employer benefits. Do you know both the current and new federal and California health insurance regulations for 2020? In the content below, we explore how this year's health insurance regulations impact employers and employees.
Federal and California Health Insurance Regulations for 2020
Benefits, Benefits Plans, Employee Benefits, Employees, Employers, Employment, Group Health, Health Insurance, Health Plans, Healthcare, Human Resources, Insurance, Teamwork
What is Group Health Insurance? An Overview
Benefits, Benefits Plans, Employee Benefits, Employees, Employers, Employment, Group Health, Health Insurance, Health Plans, Healthcare, Human Resources, Insurance, Teamwork
One of the first considerations for candidates when evaluating job prospects is the company's employee benefits. Medical expenses can be costly, and employees want to know that they and their families will be taken care of if medical needs arise. Many employees would even consider a job with lower pay for a job with better health benefits, as 88% of the respondents in a 2,000-person study by research firm Fractl indicated. Offering healthcare benefits is essential for employers to attract, hire, and retain top talent.
Gig Economy 101
Employee Training, Employees, Employers, Employment, Gig Economy, Human Resources, Workplace Policy
Have you heard the term “gig economy,” but don’t know its application? Is it describing the economy of musicians as they work gigs? Does it refer to computers and the measurement of space allotted for their programs? Perhaps it has something to do with fishing? Have no fear! In the content below, we will clarify the term by providing a gig economy 101 breakdown.
2019 has ushered in many new trends such as retro cartoon character timepieces, meatless hamburgers, and 5G networks to name a few. Not surprisingly, trend-watching doesn’t stop with pop culture, fashion, and technology. Your company’s human resources department should also take notice of the top changes in the marketplace, so they are poised to attract and retain the best talent. These top HR trends include a greater emphasis on soft skills, increased workforce flexibility, and salary transparency.
Question: What should employers do to prepare for the anticipated January 1, 2020, effective date of new DOL’s white collar exemptions?