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HR Guide for Employers: What is Open Enrollment?
Open enrollment is a designated period each year during which employees have the opportunity to modify or select new insurance coverage. Every employer in Hawaii is impacted by the open enrollment period, as state regulations mandate that all businesses provide health insurance to their full-time staff. The process can be intricate for your workforce. Employers…
4 Reasons To Offer Student Loan Repayment Assistance
Editor’s note: This post was originally published in October 2018 and has been updated for recent news and current data as of April 2022. The pause on federal student loan repayments was set to expire on May 1, 2022, but President Biden again extended the freeze through August 31, 2022. This is the sixth extension…
What Hawaii Business Owners Can Learn From Other Businesses’ Parental Leave Policies
Whether family leave becomes state mandated in Hawaii or not, business owners in Hawaii can enable people to find a balance between their personal and professional lives – so in the long-term, employees will be encouraged to stay with your company.
Finding Balance: Controlling Rising Healthcare Costs While Attracting Top Talent in Hawaii
Tips for getting the most of your healthcare offering to manage cost and recruitment & retention goals. Health insurance costs are squeezing employers across the U.S., especially in Hawaii, where employer-sponsored health insurance is mandatory for businesses of all sizes, according to state law. But health insurance is one of the top benefits employees look…
What’s Driving the Rise in Health Costs in 2022?
Employers should brace themselves for an expected rebound of care in 2022 which will likely increase healthcare spending by 6.5%, according to a recent national report. The cost to treat patients from one year to the next, assuming their health benefits remain the same, is the trend that drives projections in costs. Let’s take a…
Why Healthcare Costs Are Rising for Employers in 2024
Learn about medical inflation, rising provider costs, and other factors that are driving healthcare costs up for employers in 2024 and beyond. Health insurance costs are squeezing employers across the U.S., especially in Hawaii, where employer-sponsored health insurance is mandatory for businesses of all sizes, according to state law. But health insurance is one of…