Employee Benefits

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The Ultimate Small Business Guide to 401(k) Retirement Plans  

In order for small business owners to more effectively compete for great talent in this challenging labor market, offering an attractive benefits package is essential! One such benefit is a 401(k) plan. Retirement plans, like a 401(k), in addition to other employee benefits, not only attract better talent, but create more “stickiness” to keep existing

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Attracting Talent in a Tight Job Market: Guide for Small Businesses

Despite signs that the job market is starting to cool, small businesses are still trying to hire and retain employees. According to a recent Goldman Sachs survey, over a third of small businesses believe hiring challenges have worsened in recent months. At the same time, a majority cite attracting and keeping talent as their biggest problem. What’s

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How to Keep Engagement Up for Your Team in the Post-COVID Era

We’ve all heard of The Great Resignation, quiet quitting, slacking off, and ghosting coasting. Since the beginning of the COVID-19 pandemic, people have left or lost their jobs in droves, receiving government benefits to supplement their lost earnings. While government-mandated COVID-19 unemployment benefits have primarily stopped, the employment problem doesn’t seem to be going away

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More than Just a Broker: A True Employee Benefits Administration Solution

Health insurance brokers seem to be a dime a dozen these days. Most are very helpful upfront – helping to find competitive offers for you and assisting you in making an informed decision when selecting a benefits plan for your business. Since brokers don’t earn commission until you sign the contract with the insurer, they

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Costly Conditions: How to Address Healthcare Costs Through Workplace Programs

Health coverage represents a significant cost for today’s employers. According to a 2020 estimate, the average cost of an employer-sponsored health plan was $7,470 for single coverage and $21,342 for family coverage.  Cost aside, many employers are seeking to create a company culture that places high value on employee health and wellness, an effort aimed

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The Untold Costs of Turnover: 6 Tips to Increase Employee Retention

Employee turnover can be expensive for any business. Not only is the cost of hiring and training new employees a drain on your resources, but losing good team members can wreak havoc on your team’s productivity, quality of work, and morale. Hiring new employees is an expensive and often drawn-out process. According to recent data,

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Onboarding Made Easy: Make Onboarding Seamless for You and Your New Employees

For a new employee, the onboarding process is often as overwhelming as it is exciting. They’re stepping into a brand new environment and may have many questions about your company, their role, and their benefits during the process. It’s your company’s responsibility (and in its best interest) to make onboarding as seamless and engaging as

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Why Use Focus HR for Benefits Administration?

As a small business owner, it can be difficult to offer expansive, yet affordable benefits options for your employees. Providing a full range of employee benefits is expensive, both monetarily and in terms of administrative time. Offering a strong lineup of benefit choices encourages retention and happiness within your workforce, however, this administrative burden can

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