You rely on ADP TotalSource® and your Human Resource Business Partner (HRBP) to help you stay ahead of issues and trends that can affect your business. By understanding the constantly changing benefits landscape, you can work with your HRBP to determine the best course of action to keep your business and benefit costs on track.
ADP TotalSource has developed a series of educational articles. Each can help you understand a specific benefit trend insight, what it means for your business, and what steps you can take now to keep your business ahead of the curve. Below is an overview of each article, along with a link so you can read more about each trend insight.
- Create a Benefits Strategy That Closes Key Gaps in Your Business Success. With a sound 2016–2017 benefits strategy, you can narrow two key gaps that small business owners care most about: revenue growth and talent management. By offering the right benefits program, your investment in your employees can translate into better productivity and increased revenue. Benefits also play a key role in helping you recruit and retain the right talent to help your business thrive. To learn more about the links between the right benefits package, revenue growth and talent management, read this article.
- Put Well-Being to Work for Your Organization. Companies used to talk about health and wellness programs, but a growing number of employers are looking at the broader concept of “well-being,” which encompasses not only health, but also wealth, life and work. Research shows that investing time and money in well-being pays off in many ways, including lower turnover and healthier employees (which translates to fewer sick days and lower health care plan costs). To learn more about using your benefits program to help your employees realize total well-being, read this article.
- Navigating the Shifting Sands of the Compliance Landscape. An important issue that employers will face beginning next summer is how the proposed changes under the Fair Labor Standards Act (FLSA) will affect eligibility for overtime pay. Is your business ready? There are also state and local regulations that can affect everything from new hire documentation requirements to minimum wages to sick-time plans and regulations … to name just a few. To learn more about compliance issues that can affect your business – and how ADP TotalSource can help – read this article.
- Your Vision + ADP TotalSource Strategic Support = A Health Benefits Strategy. Your ADP TotalSource HRBP can help you understand these benefit insight trends, what the trends mean for your business, what decisions you need to make now and what to consider for the future. This article outlines the steps for our strategic partnership plan, including timing and key meetings with you and your worksite employees. To understand the calendar of events for 2016, read this article.
These articles are available on our new website, The Business of Benefits Here you can also find the new CEO-to-CEO video series, and other helpful resources. It’s our goal to equip you with data and insights – and a one-on-one partnership – to help you make effective HR decisions.
Another great resource is our Organizational Health Readiness Survey. By answering a few questions, you provide insights into your business that helps your HRBP guide you through Open Enrollment decision making. If you haven’t already, open the email titled “From Maria Black, President, TotalSource: CEO-to-CEO Kickoff & Survey Invitation” that you received on December 9 – it contains a link to access the survey.
To ensure your business stays on course, your ADP TotalSource HRBP can answer your questions and help you determine the best course of action for each of these insight trends. Feel free to reach out to your HRBP with any questions or concerns you have.
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