Payday HCM Blog

Employee Benefits and Mental Health Coverage

Oct 12, 2022 9:41:26 AM / by Payday HCM posted in Employee Benefits, Employees

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Although close to 40% of companies upgraded their mental health offerings during the pandemic, that still leaves a whopping 60% of companies that may not be meeting their employees’ needs

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Pros and Cons of Offering Paid Time-Off (PTO)

Aug 10, 2022 4:09:57 PM / by Payday HCM posted in Employee Benefits, time and labor, PTO

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In the past, employers commonly offered their workers separate paid time off benefits such as vacation time, sick leave, and more. Now employers are moving toward a new modern approach, incorporating all time-off...

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True Health Insurance Is Leaving the New Mexico Insurance Market

Jul 11, 2022 1:53:39 PM / by Payday HCM posted in Employee Benefits, Workforce Management, Human Resources

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True Health, the New Mexico health insurance carrier, which was recently purchased by Bright Health, announced that it will be leaving the New Mexico health insurance market in 2023, leaving thousands of New Mexicans...

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What Companies Should Know About 401k

Apr 26, 2022 12:04:18 PM / by Payday HCM posted in payroll, Retirement, Employee Benefits

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Providing a retirement plan for your employees shows that you are invested in their futures. 401k plans give employees the opportunity to plan ahead and care for their financial futures.

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