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What Every Company Should Know About Mental Health

Leave a Comment / Employee Benefits & Wellness, Employee Relations, HR & Employment Trends / By

Something that has changed for the better during the pandemic is the embracement of conversations around mental health in the workplace. It has encouraged employers to provide mental health resources like Employee Assistance Programs (EAPs) and also include mental health services under their employer-sponsored health insurance plan. Here’s what every company should know about mental …

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401(k) vs. IRA: Pros, Cons, and Comparison

Leave a Comment / Employee Relations, HR & Employment Trends / By

The pandemic has made many of us conscious of our spending, employees included. As a result, when it comes to employees, even people who just graduated and are in their 20s are looking to save up for retirement plans. So, whether your employees belong to the near-retirement age or not, it doesn’t matter because they …

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Designing a Well-Rounded Compensation Plan

Leave a Comment / Employee Relations, HR & Employment Trends / By

Compensation is a hygiene factor that is essential for employees. The absence of a well-developed compensation plan can have a negative impact on an employee’s motivation, thus impacting performance. With 80% of best-in-class employers offering health insurance and effective compensation reducing organizational attrition by 56%, the benefits of well-rounded compensation plans cannot be denied (Source). …

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