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Benefits Administration Outsourcing: Might It Be Right for You?

Zenefits

Employee benefits are a major cost for employers, recently accounting for 29.5% It’s crucial that these benefits be administered correctly. If a company doesn’t correctly navigate the maze of regulations surrounding benefits administration , it could face steep penalties and fines.

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Navigating Leadership Accountability in Recognition Practices

Vantage Circle

Reviewed by : Saurabh Deshpande - People Culture Expert Without accountability, there is no trust, and without trust, there is no leadership. Accountability in leadership involves being transparent about processes, owning mistakes, and committing to continuous improvement. – Capt. (Dr.)

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Benefits Coordinator Job Description: Salary and Job Responsibilities (with Examples)

AIHR

In today’s fast-paced and competitive business environment, a skilled Benefits Coordinator is vital for employee wellbeing and satisfaction. According to a Qualtrics report, employees who are satisfied with their salaries and benefits are 13% more likely to continue working for their current employer for 3+ years.

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Penalties for Benefits Noncompliance

Zenefits

Inflation is not only fueling price increases; it’s also requiring employers to pay more in penalties for not complying with benefits laws under the Employee Retirement and Income Security Act of 1974 (ERISA). History of benefits compliance. Employers have been offering employee benefits since the late 1800s. Retirement.

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Payroll Administration: What It Is and Why It Matters

Zenefits

1) Hence, efficient payroll administration matters. Payroll administrators facilitate all elements of employee payroll. An accurate, seamless, trustworthy process that benefits the company and its workforce. What is payroll administration? What does payroll administration accomplish? The ideal result?

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HR Fast Facts: Getting Started With Health Savings Accounts (HSAs)

Zenefits

If your group offers a Health Savings Account (HSA) eligible plan, you can sign up for an HSA through a benefits administration platform. Usually, only administrators with HR permissions will have access to set up an HSA account. No account yet? Start date for the HSA. Company contribution towards the plan.

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10 Best Employee Benefits Platforms to look out for in 2023

Vantage Circle

Imagine a world where managing employee benefits is no longer a daunting task but an empowering experience for HR teams and employees. With an innovative employee benefits platform, that world becomes a reality. In this blog, we have handpicked some of the best benefits platforms that cater to all your requirements.