Employer Strategies

Independent Davids are winning accounts by using strategies and techniques they call NextGen benefits. Here’s how it works.

Big employers including Amgen and News Corp. look to help employees better manage family responsibilities.

The payroll company has rolled out workflow approval and performance management tools, as well as an events calendar and real-time analytics.

While a majority of survey respondents report using software to help manage workflow, few are using technology to manage the full scope of HR.

Employers in these areas may want to beef up their retention efforts so their best employees don’t move on to other opportunities.

Many workers overlook the importance of diversification, but employers have tools to guide them in a better direction — including financial wellness programs.

Federal employees who retire during the partial government shutdown would have to wait a longer time to take retirement distributions from their savings plans.

Without an efficient, cost-effective way to transfer 401(k) account balances from plan to plan, participants are more likely to strand their accounts — or worse, prematurely cash out their savings.

One helpful hint: Prioritize employee retention over recruitment when designing your benefits package.

The disparity matters not only to workers, but to employers’ bottom lines. Losing skilled workers because leave isn’t available costs companies big-time.