Welcome to The Source, your one-stop-shop for the latest and greatest HR and benefits news. Our weekly publication highlights this week’s top stories in human resources, benefits administration, insurance, legislation and more to make sure you can stay on top of industry trends and changes. Start off your week on a high note with The Source!In this week's edition, we look at data-driven insight to plan the perfect open enrollment, new HDHP guidelines, the future of pay transparency and much more! Click To Tweet
Data-Driven Insight to Plan the Perfect Open Enrollment
Planning open enrollment isn’t just about encouraging employees to simply log-in and make benefit elections—it’s about so much more! Educating and engaging with employees before, during and after open enrollment is critical to success. You have a very limited window to grab and keep employees’ attention. And, there’s truly no thing as a ‘one-size-fits-all’ plan that will reach and resonate with all employees. Check out these tips for planning and executing a data-driven open enrollment from the Human Capital Institute.
It’s Time to Put an End to One-Size-Fits-All Benefits Plans
Research shows that benefits drive the attraction and retention of employees even more than compensation. When implemented the correct way, these perks can help draw diverse groups of workers. So if this is the case, why are so many packages not tailored to diversified workforces?
The short answer is because it’s easier to administer a one-size-fits-all plan. However, the easiest way isn’t always the best way. Hear more about the movement towards personalized plans and the potential benefits from Benefits News.
Treasury Department issues new guidance for HDHPs
The U.S. Department of Treasury released a notice Wednesday that could have major implications for high-deductible health plans by allowing plans to pay for certain services even if a patient has not yet met their deductible. At issue are federal regulations that prohibit any health plans that provide members with health savings accounts from paying for non-preventative health care before the patient hits their annual deductible. The regulations are aimed at encouraging individuals to take more responsibility for their health care spending and become better health care consumers. BenefitsPRO has the rundown on everything you need to know about the new regulations.
Pay Transparency: How Much Should You Share With Employees?
Pay transparency has been dominating the headlines lately — but the concept tends to raise more questions than answers. Should you start distributing spreadsheets that include employee names and salaries? Are there any legal requirements to consider? What should you do if you discover inequities in your compensation practices? And how do you appease chatty or web-savvy employees who complain they’re being paid less than they deserve?
Talent Talk: Interview Tips from Laura Camacho
Check out out first podcast episode of Talent Talk, featuring special guest Dr. Laura Camacho. Laura shares her insight on interview tips to help both sides of the table be more productive and efficient. She is from the Mixonian Institute, which focuses on helping professionals across various disciplines with their communication skills. You can listen to the full episode of this hot new HR podcast on Sentio.
5 Ways Mobile HR can Help You Drive Employee Engagement
Digital disruption is creating new business models, eliminating the older ones. As social media, analytics, and artificial intelligence (AI) continue to transform how people connect, collaborate, and work, organizations are rethinking their approach to employee experience, productivity, and retention. That is why developing a mobile-first strategy focused on driving engagement is an HR imperative. More tips on how to embrace the mobile-first mindset from HR Technologist.
#4Mind4Body: Mental Health in the Workplace [Webinar]
Join us for a free HRCI– and SHRM-approved webinar with Ultimate Software’s Dr. Jarik Conrad, Senior Director of HCM Innovation and Wellness Coach Dr. Stacy Cutrono to tackle the critical issue of mental health on (and off) the job. Jarik and Stacy will draw from their own personal stories and career experiences to answer burning questions about work-life balance, depression, burnout, and more, as well as the legal challenges that surround mental well-being in the workplace.
Thought Of The Week
“What you do has far greater impact than what you say.” – Stephen Covey
What are you doing to set the tone for your workplace culture?