PrismHR Expands the PrismHR Marketplace with Two New HR Technology Providers

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Today at PrismHR LIVE 2017, the largest technology conference for professional employer organizations (PEOs) and administrative service organizations (ASOs), PrismHR announced the addition of two new partners to the PrismHR Marketplace: JazzHR, a recruiting software provider, and FinFit, a financial wellness program provider.

With over 20 years of experience in the field of human resources, PrismHR provides comprehensive software solutions for PEOs and ASOs. PrismHR helps those HR service providers save time, improve productivity, mitigate risk, and attract, win, and retain business more effectively than any other available solution.

“HR service providers that use PrismHR have told us they want to deliver additional technology solutions to small and medium-sized businesses,” said Mark Hausser, Senior Vice President of Sales and Marketing, PrismHR. “We are very excited to announce two new partnerships to make that possible. JazzHR provides advanced applicant tracking capabilities particularly well-suited for organizations that have more complex hiring needs. FinFit provides a great way for worksite employees to improve their financial health.”

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Improve your Financial Wellness Through Spring Cleaning

Did you know that there is a direct connection between your finances and household clutter? 

Take a moment and look at all of those mostly forgotten and little-used items you’ve spent money on over the years.  Sometimes we don’t want to part with those items because the pain is purely financial, rather than sentimental.

Addressing this issue requires first acknowledging that you spent your hard-earned dollars on something you no longer need or require and then letting go of that fear of needing that item later on but not having the funds to replace it.

Of course, placing items into storage is an option but it will cost you more money - the average rent for a 10 x 10 self-storage unit may cost as much as $160 per month!  Many people who choose to store items do so for at least two years, even though at least 65% of self-storage renters have a garage.1  These statistics are a stark reminder that de-cluttering can actually improve your financial wellness and it doesn’t have to be a difficult process.

Here are some ways de-cluttering can help you take control of your finances and improve your financial wellness:

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The Best Kept Secret to Removing Financial Stress

March 09, 2017

financial stress

Jen Creech

financial stressAccording to the Guardian Workplace Benefits Study1, financial wellness was accounted as a significant issue of working Americans by an average of 40%.  The same study cited money “as the No. 1 source of stress for a majority of workers – followed by job security and physical health.

In the past two years, more workers have also shared that they find it increasingly challenging to meet their financial goals, including saving for retirement or college and managing their debt. However, there is a solution to remove their financial stress. 

Wellness programs are available that can benefit employees yet they are often underutilized.   The same study cited that despite all the wellness programs offered to them, less than half of employees actually participated in them. However, it was also discovered that employees benefit when they are actively involved in these benefit programs. Financial situations account for 33% of stress, and over 80% of those in the survey say that reducing their stress is important to them.

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Two Ways You Can Help Your Business Now at No Cost to You

Building a business takes the complete and total dedication of all involved. Making sure customers are delighted while ensuring you are getting the best return on your investments is paramount to success.

Finding ways to mitigate some costs can be a challenge.  First there is trying to promote your business with a minimal budget while at the same time ensuring that your employees are focused on building your business.

Here are two ways you can help your business now to address these costs:

First, financial stress is a major contributing factor to employee performance. Employees may miss work or not be focused on work because they are addressing a personal financial crisis.  This can be reflected in absenteeism, poor performance or a perceived need for employers to help these stressed employees by providing an ‘advance on their salary’ or a ‘one-time gift.’

To help alleviate this issue, your Company may have access to the FinFit Financial Wellness benefit.   This benefit helps educate and alleviate many of these financial stresses that your employees may be experiencing.  Encouraging your employees to be a part of this voluntary financial wellness benefit could be all they need to allow them to focus more on your business and not ask you for help when they have a financial challenge.

Secondly, your business may need to be heard more in the marketplace.  Today happens to be National Be Heard Day for small businesses.  We want to help you to be heard.

Share this article through social media and use the hashtags #nationalbeheardday and #finfit.  We will like, share and retweet your status update, connecting you to others doing the same thing.  If you happen to see this post after today’s date, that’s ok – we’ll still help you to be heard.

Taking these steps cost you absolutely nothing and can help your business be heard and help your employees become more financially fit, allowing them to focus more on your business.

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Helping Your Clients Stay On Target With Health Care Costs

health care costsYour clients may be looking for ways to help mitigate their overhead but still help their employees. One way for them to do so is to look at their health care benefits and provide a high-deductible health plan at a lower cost.

While this does help provide an avenue for your client to address some of their health care costs, their employees now pay an increased amount in out-of-pocket expenses (deductible, co-insurance, prescriptions, etc). This could have a significant impact on their employees’ financial goals, adding a level of stress that could impact their ability to perform their duties and, in turn, potentially reduce a company’s overall performance.

So, how can we help your client stay on target with health care costs while still providing an avenue to help their employees? 

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It's the Right Thing to Do Even When Your Big Game is Everyday

financial wellnessJust because people are famous it doesn’t mean that they aren’t susceptible to bad financial decisions.  Popular sports stars from Dorothy Hamill to Terrell Owens and Mike Tyson have all filed bankruptcies, due to poor choices.[1]

Life happens, and there are some decisions people can make daily to better prepare themselves for those moments.  Making more informed decisions could have prevented Terrell Owens, an all-time NFL Wide Receiver, to make better investments.  Instead, he filed for bankruptcy in 2012.[2]

Some decisions offer results that didn’t go as planned, such is the case with Dorothy Hamill, whose failed business venture with Ice Capades resulted in her also filing for bankruptcy.[3]

Popular sports stars have proven that no matter who you are, anyone can make bad financial decisions.

What if these sports stars were better equipped and educated to handle their personal finances?  The potential for battling their financial challenges would’ve greatly improved as they would’ve most likely made better choices.

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Reduce 401k Borrowing Temptation Through Financial Education

December 09, 2016

401k, Financial Wellness

Joel Manzer

401kWe’ve previously shared our thoughts regarding The Good, The Bad, and The Ugly of 401(k) Loans, and also shared some insight about the Charles Schwab survey this past August.[1]

It’s good to be able to help employees when life happens, and that’s one aspect of why FinFit is available to businesses.  But helping employees to be financially ready when life happens is our goal.

Let’s take the old phrase, “Give a man a fish, he’ll eat for a day… but teach a man to fish, he’ll eat for a lifetime.”

Now let’s rephrase it for Financial Wellness, “give an employee a paycheck and they’ll live paycheck to paycheck, but teach an employee about financial wellness and they’ll be ready for when life happens.”

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Developing a Corporate Culture that Inspires Employees


Last year, Business Insider shared what it’s really like to work at Google, the ‘world’s most attractive’ employer.[1] From shuttle service with free Wifi to healthy meals, it’s difficult to compete with all the benefits the tech giant in Mountain View offers. The efforts of Google to create a culture that enhances and motivates shows us that employees look forward to working when they know their company has their best interests at heart.

But what tools can you leverage to help develop an inspirational culture in your clients’ business? 

The best part about developing a corporate culture is that it’s more about the heart of a company, and not how much it costs. There are many strategies a company can apply.

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The 401k Study You'll Never Forget

November 18, 2016

401k, Financial Wellness

Joel Manzer

401kIn August 2016, Charles Schwab conducted a survey of 1,000 employees between the ages of 25-70 who currently contributed to their retirement plan.[1]

The survey revealed that an employee’s 401k is their primary source of retirement savings.  It is also apparent that they desire help as less than half of those asked know how much they should save for a comfortable retirement.[2] 

70% of those who participated wanted personalized investment advice for their 401(k), and 85% said they would use a financial wellness program that would provide them with education, tools and resources to improve their overall financial health.[3]

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The Anatomy of a Great Financial Wellness Program

November 10, 2016

Financial Wellness

Joel Manzer

financial wellnessOver the past several years we’ve heard the words “Financial Wellness” and more companies are adding a financial wellness program to their available voluntary benefits.  According to the AON Hewitt 2016 Report “56% of employers indicated they are very likely to create or focus on the financial well-being of employees in ways that expand beyond retirement decisions in 2016.”1

Why should you make having a Financial Wellness Program a priority?

Financial challenges are one of the leading causes of employee stress.  When employees have tools that are available to help alleviate their stress they make better financial decisions that lead a more stable lifestyle which benefits a company in the following ways:

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