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Tuesday, November 23, 2021

HR Technology Trends to Monitor in 2022

No matter the company’s size, its day-to-day needs can feel overwhelming for HR leaders, especially when faced with issues like team vacations and evolving role duties—or new responsibilities due to COVID-19. On top of that, many HR departments are small—they may even operate as a department of one—and have been stretched to the brink during the pandemic.

Fortunately, HR technology can help address today’s challenges by easing burdens on HR professionals, enhancing the overall employee experience, improving workflows and assisting organizations in responding to change. HR technology can seem intimidating at first; however, much of what employers use today is user-friendly. When planning how to create efficiencies in 2022 and beyond, employers can consider how current HR technology trends might create an opportunity for their workplace.

2022 Tech Trends

Looking ahead to 2022, here are some ways that employers are integrating tech into HR processes or building upon their existing practices:
  • HR Automation
  • Onboarding and Offboarding
  • Employee Self-service Portals
  • Benefits Administration
  • Cloud-based Workplace Management
  • Learning and Development
  • Recruitment
Download the HR Edge Q4 2021 Newsletter to dive deeper into ways that employers are integrating tech into HR, and also understand why employees stay or leave and the importance of mental health in the workplace.

For more human resources trends, industry insights and proactive strategies to maintain a competitive edge in today’s workplace, contact HANYS Benefit Services by email or by calling 518.431.7735.

This is not intended to be exhaustive nor should any discussion or opinions be construed as professional advice. © 2021 Zywave, Inc. All rights reserved.

Tuesday, November 16, 2021

Understanding Why Employees Stay or Leave


Employee retention is a top concern as we enter a post-pandemic world. As the pandemic progresses, high numbers of workers have left their jobs for better compensation, benefits and work environment factors, such as work-life balance and remote or hybrid arrangements. This reality has impacted employers, who struggle to attract and retain the talent they need.

As employers develop and evolve their return-to-work plans, critical retention factors must be thoughtfully included to navigate the current talent shortage.
  • Why Do Employees Stay?
  • Why Do Employees Leave?
  • What Can Employers Do?
Download the HR Edge Q4 2021 Newsletter to learn answers to these questions and also about 2022 HR technology trends and the importance of mental health in the workplace.

For more human resources trends, industry insights and proactive strategies to maintain a competitive edge in today’s workplace, contact HANYS Benefit Services by email or by calling 518.431.7735.

This is not intended to be exhaustive nor should any discussion or opinions be construed as professional advice. © 2021 Zywave, Inc. All rights reserved.

Monday, November 8, 2021

HBS Q3 Market Recap: Flat and struggling markets

Developed markets remain flat while emerging markets struggled in Q3.

As the third quarter of 2021 came to a close, U.S. stocks eked out a small 0.58% gain, with the S&P 500 Index posting its seventh consecutive quarterly gain since the first wave of COVID-19. Emerging markets (-8.1%) reversed sharply as mounting regulatory uncertainty in China pressured the broad market.

Read the Retirement Market Recap to learn more about the Q3 market performance and weak links in the supply chain that are hampering global growth. If you have any questions, or would like to begin talking to a retirement plan advisor, please get in touch by email or by calling (800) 388-1963.

Tuesday, November 2, 2021

It’s Cold and Flu Season Again

The Live Well, Work Well newsletter is an employee newsletter that is produced monthly and covers topics like health, wellness, fitness, nutrition and personal finance. This month's newsletter discusses cold and flu season.

With the fall and winter months comes flu season. According to the Centers for Disease Control and Prevention (CDC), flu activity peaks between December and February, so now’s the time to ensure you’re prepared. Social distancing and mask mandates significantly prevented a “twindemic” last year as the flu season coincided with the ongoing COVID-19 pandemic.

Those safety measures helped prevent a majority of flu cases. However, as more states and businesses lift mask mandates and other preventive measures, the flu virus may circulate much more freely than it did last year. 

Download the Live Well Work Well November Newsletter for safety measures to manage the cold and flu season, as well as tips on the importance of a good night's sleep and meal prepping. 

For more information on healthcare and employee benefits, contact HANYS Benefit Services by email or by calling (800) 388-1963.


This is not intended to be exhaustive nor should any discussion or opinions be construed as professional advice. © 2021 Zywave, Inc. All rights reserved

Thursday, October 28, 2021

Considering the Role of Vaccines in the Workplace

Health experts and many business leaders agree that vaccination is the most effective way to protect against COVID-19- related operational disruptions. Yet, a large number of workers still aren’t vaccinated. This is forcing employers to toe the line between respecting employee viewpoints and protecting their businesses.

While vaccine encouragement is still commonplace, organizations are now doing more to up their vaccination rates. Specifically, they are employing a variety of incentives, penalties and mandates to get this done. 

Employer Takeaway

Employers will need to decide which approach to vaccination is right for them. Health experts and business leaders alike agree that employee vaccination is critical for long-term operational success; the trick is knowing how much and through which methods to pressure employees. 

Reach out for employee resources to help educate and encourage workers about the importance of COVID-19 vaccines. Read the Attraction and Retention newsletter for more information on vaccine incentives, policies and mandates, and to also learn tips for remote worker success and the value of upskilling employees. Download your copy today.

For more information on healthcare and employee benefits changes, contact HANYS Benefit Services by email or by calling (800) 388-1963.

This is not intended to be exhaustive nor should any discussion or opinions be construed as professional advice. © 2021 Zywave, Inc. All rights reserved.

Tuesday, October 26, 2021

Employer Checklist - Preparing for Osha’s COVID-19 Vaccination ETS

Recently, President Joe Biden signed executive orders requiring federal workers and contractors to get vaccinated against COVID-19. Now, the Occupational Safety and Health Administration (OSHA) has been directed to issue an emergency temporary standard (ETS) imposing similar requirements for private employers. According to the White House, the rule will require all businesses with 100 or more employees to ensure workers are either tested for COVID-19 once a week or fully vaccinated.

At this time, the OSHA ETS is still in development. This checklist is a jumping-off point for your organization as you prepare for the upcoming rule. Not all items will apply to all employers in every circumstance.

For more information, contact HANYS Benefit Services by email or by calling (800) 388-1963.

Thursday, October 21, 2021

Clarifying Guidance on COBRA Deadline Extension Relief


On Oct. 6, 2021, the IRS issued Notice 2021-58, which clarifies the application of certain COBRA deadline extensions for electing COBRA coverage and paying COBRA premiums under prior relief that was issued as a result of the COVID-19 outbreak.

Standard COBRA Deadlines

COBRA Election Deadline
The standard deadline for individuals to elect COBRA coverage is typically within 60 days of receiving a COBRA election notice.
 
Premium Payment Deadline
The standard deadline to make COBRA premium payments is generally at least 45 days after the 
date of the initial COBRA election, with a grace period of at least 30 days for subsequent payments.

Extended COBRA Deadlines

Emergency Relief
The Emergency Relief disregards the standard COBRA deadlines until the earlier of: (1) one year from the date individuals were first eligible for relief; or (2) the end of the Outbreak Period.
 
Notice 2021-58 
On Oct. 6, 2021, Notice 2021-58 clarified that the disregarded periods to elect COBRA coverage 
and to make COBRA premium payments generally run concurrently.

Employers should carefully review the guidance and consult benefits counsel to ensure their ongoing compliance with the Emergency Relief, as clarified by Notice 2021-58. For more information read this Compliance Bulletin for further explanation and contact HANYS Benefit Services by email or by calling (800) 388-1963.

©2021 Zywave, Inc. All rights reserved.

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