Retention Ideas in a Recession | VA Employee Benefits Advisors

Employee engagement is the top priority of respondents to HR Exchange Network’s latest State of HR survey. Obviously, employers are keen to engage employees to increase productivity and retention. However, the economic downturn and inflation is complicating matters, and Human Resources leaders are seeking new ways to reach talent. Recently, Eric Mochnacz, strategic senior HR leader and Director … Continued

4 Employee Handbook Policies to Watch in 2023 | Virginia Employee Benefits Agency

There aren’t rules for how frequently you should update your handbook, but given laws do change, it’s smart to be proactive so you don’t get caught off guard. An updated employee handbook helps employees understand what’s expected of them, and helps managers ensure company policies are followed. We’ve identified four reasons to revisit your employee … Continued

Achieving Healthy HR: Thoughtful Compensation | VA Employee Benefits Group

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

What Is Human Resources in the Modern Workplace? | Virginia Employee Benefits Partners

Human Resources management is always evolving. Over the years, it has become a more prominent part of every business because it is principally responsible for recruiting and retaining the talent that allows the organization to achieve goals and flourish. No longer merely an administrative department, Human Resources professionals align talent management and hiring decisions with … Continued

Exploring Year-Round Benefits Engagement | Virginia Employee Benefits Partners

Just as with any good, healthy relationship, communication with employees is key. Only communicating with employees regarding their benefits package during open enrollment will most definitely result in them not taking full advantage of all it has to offer. In an effort to assist employees in understanding and maximizing their benefits, companies should use a … Continued

Federal Employment Law Update – August 2018 | Virginia Benefit Advisors

IRS Permits Student Loan Repayment Benefit as Part of Employer’s 401(K) On August 17, 2018, the federal Internal Revenue Service released a private ruling letter (Number 201833012) concluding that an employer may amend its 401(k) plan to provide student loan repayments (SLR) nonelective contributions under the program without violating the “contingent benefit” prohibitions of 26 … Continued