Missing a compliance deadline is not just a harmless administrative mistake. It can lead to penalties, employee confusion, and hours spent correcting
Using Benefits Cost Modeling to Drive Smarter Budgeting
This year, health benefit costs jumped to an average of $17,496 per employee in a painful 6% increase that outpaced both inflation and wage growth.
Is Your Benefits Program Audit-Ready? A Compliance Guide for HR Directors
Essential Takeaways: In fiscal year 2024, 71% of ERISA audits resulted in monetary penalties. Quality documentation and centralized
Top Compliance Pitfalls in Employee Benefits and How to Avoid Them
Essential Takeaways Maneuvering employee benefits compliance doesn't have to feel overwhelming. Here's what you need to know: Documentation gaps
Coordinating Employee Benefits With Carriers During Renewals
Essential Takeaways Starting renewal preparations several months early gives you more negotiating power and can help avoid last-minute surprises
Flexible Benefits That Attract (and Keep) Today’s Top Talent
Essential Takeaways Employees who feel genuinely cared for through their benefits tend to show greater loyalty, making flexible offerings a
Managing Midyear Changes to Employee Benefit Plans
Making changes to employee benefit plans in the middle of the year is not ideal, but sometimes it cannot be avoided. After spending months planning
Annual Benefits Strategy Review: Checklist for HR Leaders
For many HR leaders, the beginning of a new plan year can be a hectic time, with the pressure of enrollment deadlines building as employee questions
Risk Exposure From Outdated Benefits Administration Practices
If a business finds a benefits administration system that works well for them, it may seem sensible to continue using it indefinitely. However, many