The official unemployment rate is now at 4.3 percent – the lowest the benchmark jobs rating has been since mid-2007. Which means employers nationwide have been having to hire and promote against a stiffer marketplace for talent. Nearly across the board, employers are being forced to sweeten pay and benefits packages and work-life balance arrangements for […]

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This week, the City of Memphis announced the rollout of the Student Loan Reduction Program, a new benefit to help employees who are burdened by student loans. Memphis is the first city in the nation to offer this innovative benefit.  Memphis’ move provides further evidence that student loan assistance is gaining steam as an employee […]

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Looking to recruit and retain top talent? You’re gonna need a bigger benefits package – and health insurance and a competitive retirement plan need to be at the top of that list. That’s the word from the Employee Benefit Research Institute (EBRI). The 2017 EBRI/Greenwald & Associates Health and Voluntary Workplace Benefits Survey reported the following: […]

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Human resources specialists are the unsung heroes of the HR world. Yes, the managers get all the credit (and take all the blame, if they’re any good.) But where the rubber meets the road, doing the grunt work of human resources and actually making things happen are the lower-level HR specialists. Many of them just […]

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With over $1.3 Trillion in student loan debt outstanding, and interest rates at or near all-time lows, there is a booming business in student loan refinancing. Several private lenders have emerged who specialize in refinancing these loans, and you can see their television ads almost daily. But while student loan refinancing might be a great […]

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Our CEO Scott Thompson was recently featured as a guest commentator in The Hill discussing new legislation in Congress that would create a tax cut for employers to offer a student loan repayment benefit. By helping the 90-million strong millennial generation free up more income for consumption, this tax break can spur economic growth. Among […]

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The data continues to show that benefits have a measurable impact on employee recruiting, retention, loyalty and engagement. This is true for both employer-paid benefits as well as for voluntary benefits, which employees generally pay for via payroll deduction. Since 2008, as employer margins have tightened, voluntary benefits programs have become more important as employers […]

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If you’re in Las Vegas this week, chances are you’re attending Human Resource Executive’s Health & Benefits Leadership Conference.   This is one of the biggest HR and benefits conferences of the year, and it attracts major players around the country to showcase innovations and discuss best practices in employee benefits programs. To highlight the growing […]

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Despite the Affordable Care Act – and in some ways because of it – offering a traditional group health plan has become prohibitively expensive for many smaller employers. Between 2006 and 2016, average total per-employee premiums have risen by 58 percent, from $11,480 per year to $18,142. Workers are feeling the pinch: Their average contribution […]

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