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Achieving Healthy HR: Thoughtful Compensation | New York Benefits Agency

The pandemic and job market have made it difficult for employers to attract and retain talent, negatively impacting operations and profitability. Mineral’s Healthy HR framework shows you what companies with high productivity, morale, and engagement have in common. The Healthy HR framework is built on performing well on all four of the following pillars: thoughtful compensation and benefits, … Continued

Gen Z: Is Quiet Quitting a Problem or a Wake-Up Call? | NY Employee Benefits Consultants

Many young employees from Gen Z are taking to TikTok to express their frustration about the workplace and profess their practice of quiet quitting. Essentially, they are remaining at their jobs and still receiving paychecks and benefits, but they are sticking strictly to their the job descriptions and maintaining precise schedules. On social media, some … Continued

What Employees Want: Financial Wellness | New York Benefits Agency

“Financial Wellness” is getting a lot of buzz these days — and for good reason!  After all, today’s workforce is overwhelmed by mounting student debt and other rising expenses. Financial wellness refers to a person’s overall financial health and is one of many factors that makes up employee wellbeing.  We often think of wellbeing as … Continued

Can HR Capitalize on Resignation Remorse? | New York Benefits Partners

The Great Resignation has paved the way for resignation remorse, according to a number of publications. In fact, 72% of the 2,500 U.S. workers surveyed by The Muse said their new role or company was very different from what they had been led to believe. For HR leaders still dealing with a labor shortage or … Continued

What Employees Want: On-Demand Pay | NY Benefits Team

Payroll works the same way in almost every full-time job.  Employees earn money by working, and they all receive their earnings on a set date: payday.  However, in an era of same-day shipping, on-demand movies, and unlimited mobile access, individuals are increasingly expecting prompt access to nearly anything they need. For employees, this also means … Continued

Best Practices for Employee Appreciation | New York Benefits Partners

As HR leaders work hard to retain talent during a historic labor shortage, they are trying to show employee appreciation. At the HR Exchange Network Employee Engagement and Experience online event, Mary Shelley, Chief People Officer at Tango Card, shared best practices for rewarding employees to inform them of their value to the organization. In the session, 5 … Continued

4 Ways Inflation and Higher Costs Impact HR | NY Benefits Advisors

U.S. President Joe Biden recently laid out his plans to combat inflation and the high cost of living. The average family is spending an additional $327 per month compared to pre-pandemic costs, according to a CNN broadcast May 10. At the time, the national average price of gas was $4.37. While the Federal Reserve can … Continued

Millennials Want Better Pay and Benefits, Not Perks | NY Benefits Advisors

As a Millennial business consultant who helps companies create people-first company cultures, one of the most frequent questions I’m seeing pop up among employers during the pandemic’s labor shortages is: “What perks can my company offer to attract and retain top Millennial talent?” Then, they’re inevitably disappointed when I tell them that perks like nap pods, … Continued

5 Ways to Create an Engaged, Committed Workforce | NY Employee Benefits Group

You’ve probably been hearing about the Great Resignation (or however you want to describe it) for months now. Even if you’re not dealing directly with increased turnover, your employees know they have options. Their friends, family, and people they know peripherally or on social media have made the leap and are gleefully announcing it on … Continued

6 Ways to Reduce Burnout When You’re Understaffed | New York Employee Benefits Firm

Question We’ve been both super busy and understaffed recently. Is there anything we can do during this time to help our employees avoid extra stress or burnout before we can hire more employees? Answer Yes. Here are a few things you can do to make this time run as smoothly and stress-free as possible: Remove nonessential work … Continued