Important employment and workplace considerations to accomplish for the month of April.
Re-bid your benefits contracts
Employers should make it a habit to regularly evaluate the benefits market. Simply renewing your contract each year could result in spending too much and including benefits that employees don’t value. Before your next open enrollment, consider conducting a benefits survey with your employees to determine the perks they are most interested in and then re-bid your current benefits contracts to ensure you are spending your benefits dollars wisely.
Conduct an employee engagement survey
Keep a pulse on your employees’ engagement. Conduct an employee engagement survey to uncover opportunities for improvement and helpful data for establishing priorities.
Review pay equity compliance
With the EEOC’s recently announced crack down on equal pay, this is a good time to review your current compensation plan and see how well you are aligned with pay equity laws. Assess your current salary data and make adjustments where needed to stay compliant and competitive.