Human Capital Management Blog

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It's lonely in HR. Never fear! Benetech's team of seasoned experts provides the wisdom, technology insights, and healthcare regulatory updates that keep under-staffed and over-tasked HR departments informed, in compliance, and running lean!

By: Matt Ingold

January 25th, 2018

What is Human Capital Management? Learn with an Example.

HR Best Practices | Human Capital Management

Human Capital Management (HCM) is one of those nebulous terms in the talent management conversation. Is it competency management? Is it recruiting and succession planning? Is it streamlining the daily HR tasks essential to organizational survival?

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By: Matt Ingold

December 21st, 2017

6 Steps to Finding the Right Health Plan for You

Healthcare | HR Best Practices

Selecting the best health plan is no longer about picking the lowest copays and deductible. Sure that is the hope, but those added benefits come with a cost. Depending on your utilization, buying up to a richer plan may give some added peace of mind and cash-flow stability, but ultimately cost more than a plan with a higher deductible, lower premium, and more out-of-pocket expense. When it comes to selecting the best health plan for you and your family, meaning the plan that provides the greatest personal value at the lowest cost and risk, it helps to first quantify your liabilities. Here are six steps to help you assess you and your family's health expense liability and make an informed decision when selecting health coverage.

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By: John Dalmata

September 5th, 2017

Are High Deductible Plans Hurting Your Wellness ROI?

Healthcare | HR Best Practices

Whether the goal is lowering medical claims, reducing absenteeism, or increasing employee morale, participation will always drive a successful wellness program.

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By: Marissa Dalmata

August 29th, 2017

3 Ways to Curb Costly Health Issues in the Workforce

Healthcare | HR Best Practices

Chronic health conditions in the workforce have increased 25% in the last decade. With 86% of the nation’s health care costs going to treatment of chronic conditions (diabetes, cancer, COPD), that’s an expensive figure for employers. Increased chronic health conditions may have a more immediate cost impact to self-insured employers, but everyone is subject to the increased absenteeism, employee fatigue, and productivity loss associated with poor health. Improving workforce health is only accomplished through smarter decisions at the employee level. Here are 3 ways employers can combat chronic conditions by helping employees to make smarter personal health choices.

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3 Most Common Mistake Employers Make When Offering Benefits

Mistakes are expensive, especially when building benefit plans.

We've outlined the 3 most common mistakes employers make when offering benefits in a quick ebook. Get your copy free when you subscribe to our blog.

By: Marissa Dalmata

August 10th, 2017

10 Low Cost Benefit Ideas That Employees Love

HR Best Practices | Smart Benefits

Founder-enthusiasm can fuel a business, but sooner or later you need greater incentives than high-fives and no-shave Fridays to attract the talent you need to grow. But with the rising costs of healthcare, it’s getting harder to offer attractive benefits, especially when you’re just emerging from a startup phase. While employer-sponsored health insurance still ranks in the top 3 most important employee benefits, more employers are looking to affordable ways of enhancing their benefits packages. Here are 10 low cost benefits to consider when looking to gain an edge in the competition for top talent.

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By: Matt Ingold

August 3rd, 2017

3 Things to Avoid When Designing Your Health Plan

HR Best Practices | Smart Benefits

Quote, Select, Communicate, Enroll—a broad overview of the traditional process for delivering employer-sponsored health coverage. It worked in the past, but have shifting market conditions made this traditional purchasing model obsolete? It certainly hasn’t gotten easier for employers or employees, who, according to a recent study by Aetna, claim that picking health insurance is a greater challenge than parenting. That wasn’t always the case—something has changed. For today’s new market conditions, here are 3 things to avoid when designing your next health plan.

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By: Jason Barnes

June 29th, 2017

Employer Responsibilities for NY Paid Family Leave

HR Best Practices | HR Technology

Given the release of the final regulations for NY Paid Family Leave (PFL), and the optional deduction period starting on July 1, 2017, there’s been an uptick in chatter about the new benefit. New regulations mean new policies, admin responsibilities, and reporting requirements…and new stress. The number one question from employers: “What do I have to do?” In talking with various legal counsel and reading up on the regulations, the honest answer at present is, “We don’t fully know.” However, there appear to be a few concrete responsibilities that are falling on employers, especially those with self-insured disability insurance. Here’s what we’re finding so far.

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By: Matt Ingold

June 8th, 2017

Are You Preparing for the NY School Business Official Drought?

HR Best Practices

“How many?!” I said in shock. I was sitting at the table preparing to deliver a presentation to a group of School Business Officials and administrators at their 2017 Training Conference (NYSASBO), and my friend and moderator, Steve Zautner, Business Manager of North Colonie School District, hit me with the stat. “You heard me right,” Steve assured, “In the next 5 years, 50% of NY State’s School Board Officials are expected to retire.” Wow! Without a doubt, this mass exodus of talent and experience is going to have an impact on schools across the state. If this proves true, school boards will be left with three options:

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Before you leave...

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Mistakes are expensive, especially when building benefit plans.

We've outlined the 3 most common mistakes employers make when offering benefits in a quick ebook. Get your copy free when you subscribe to our blog.

Before you leave...

Mistakes are expensive, especially when building benefit plans.

We've outlined the 3 most common mistakes employers make when offering benefits in a quick ebook. Get your copy free when you subscribe to our blog.