Benefits in a Pandemic: What HR Leaders Need to Know
benefit package for covid-19

Benefits in a Pandemic: What HR Leaders Need to Know

Building a benefits program for a diverse workforce has always been a top priority for HR and Finance leaders, but with the current pandemic, it’s become both more important and complex. The impact of COVID hit far and wide, and with so much change and uncertainty at work and home, employees are struggling to cope with isolation, loneliness and added stress. They’re also looking for more flexibility to juggle new responsibilities like working from home and virtual learning. And to make matters worse, the added stress and anxiety is leading to burnout. In the end, employees may wonder if their employer is doing enough to help.

This is an opportunity to come through for your people. It’s an opportunity to listen to their needs and reevaluate your benefits offerings to make sure they deliver real value. With the right guidance and planning, your benefits program can be an unbeatable competitive advantage that drives retention and helps your company live up to its ideals and stand out from the crowd.

As you prep for open enrollment and beyond, we’ve created this guide with insights into the non-traditional benefits you can implement to support your employees when they need it the most. Inside, we examine how the pandemic has changed the benefits landscape and we highlight new benefits offerings that prioritize mental health, flexibility, wellness and an equal balance between work and home.

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Case Study: Romantix

Case Study: Romantix

A disjointed HR and payroll process and the need for state-to-state oversight led Romantix to Paycor. “The whole HR Support Center and training hub is amazing. We definitely used the COVID support a ton. It’s nice because we have stores in multiple states it helps us keep track of everything we need to know. Regulations are ever-changing, and Paycor helps me keep up to date state-by-state.” - Adrienne Hernandez, HR Specialist Why Romantix left their payroll provider With 60 stores across 15 states, Romantix needed an HR and payroll provider that could handle different tax environments and state regulations. With their previous provider, the HR process was disjointed, lacked cohesive reporting and didn’t have any foreseeable fixes to the...

PTO Donations Program: Donor Form Template

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In times of crisis, businesses—and their employees—naturally find themselves searching for ways to help. One easy way to provide support to those who need it is a PTO (Paid Time Off) Donation Program. Employees can donate the value of the time off they have accrued but not yet used. Depending on how your program is set up, the recipient could be a specific employee, a company-wide pool or an external charity. Download PTO Donor Form Template What is a PTO Donation Program? It’s easy to see why an increasing number of companies are turning to PTO Donation programs. It’s not just that the public health and economic situation have caused suffering throughout the country. What adds to the unique circumstance is that due to the pandemic many...

[Infographic] Here’s How Businesses are Managing the New Reality of Work

[Infographic] Here’s How Businesses are Managing the New Reality of Work

Paycor surveyed nearly 600 leaders of small and medium-sized businesses about their plans for 2020. In this infographic, the HR and CFO leaders we surveyed describe the impact COVID-19 had on their business, including whether or not they received government funding.Share this Infographic On Your SitePlease include attribution to Paycor with this graphic.

[Infographic] How Long-term care Providers are Managing the New Reality of Work

[Infographic] How Long-term care Providers are Managing the New Reality of Work

Paycor asked long-term care leaders about their plans for 2020. In this infographic, you’ll see how they had to adjust their workforce in response to COVID-19 and how many plan on hiring new employees in 2020.Share this Infographic On Your SitePlease include attribution to Paycor with this graphic.