Zenefits

MAY 9, 2019

This process is called compensation benchmarking. How is compensation benchmarking done? The first step in compensation benchmarking is to build a list of salary ranges for current and future job roles. Compensation benchmarking is designed to maintain fairness for both the employer and the employee.

Benchmarking 31

Benchmarking Compensation Hiring Software Recruiting Software 31

Zenefits

MARCH 14, 2018

Note: this research is based on a sample of Zenefits customers, and not all SMBs in these regions will experience these same cost trends. While these trends are always changing, we will release new benchmarking data every year to keep you up to speed with other organizations in your area. Want to learn more about health insurance?

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Benchmarking Report Zenefits Planning Tools 28

Zenefits

MARCH 22, 2018

That’s why we’re here to offer our SMB benchmark report– this is fresh Zenefits data, pulled from over 4,000 customers (small businesses with under 100 employees) on what health insurance packages they’re currently offering. Download our full benchmark report below!

Benchmarking 28

Benchmarking Report Zenefits Planning Tools 28

Astron Solutions

SEPTEMBER 9, 2019

Zenefits — Best for streamlined onboarding. Industry benefits benchmarking for your company’s sector and size. Work with a leading platform like Zenefits to ensure that the tone you set is the right one that doesn’t waste an employee’s time or overwhelm them on their first day. Main Takeaway. Main Takeaway.

Employer Branding 40

Employer Branding HR Software HR Planning Hiring Software 40

Zenefits

AUGUST 14, 2020

In this week’s webcast, Zenefits’ Ankur Patel, Product Marketing Director of Benefits, and Didi D’Errico, VP of Communications, discuss how COVID has impacted open enrollment, IRS changes, and key trends from the Benefits Benchmark Report. Welcome to HR Office Hours!

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Zenefits Benchmarking Trends Report 36

Zenefits

MARCH 14, 2017

If you’re paying for at least 73% of an employee’s premium, you’re on par with small businesses across the country, according to n ew data from the 2017 Zenefits Small Business Benchmark Report. appeared first on Zenefits Blog.

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Zenefits Benchmarking Report Survey 39

Zenefits

JUNE 29, 2021

Benchmark benefits. To obtain granular information based on your industry and location, you’ll need a customized benchmarking report. Customized benefits benchmarking can deliver insight into employer trends for: Healthcare and welfare plans. You can get a general idea from reports compiled by the U.S. Business travel benefits.

Employee Benefits 68

Employee Benefits Planning Tools Hiring Software Onboarding Software 68

Zenefits

JANUARY 23, 2019

In “The City by the Bay,” a small business account manager makes $65,000 per year compared to an account manager in Peoria, Illinois with the same level of experience who makes $52,500 (this is accurate salary data, taken from the Zenefits compensation management tool ). What Can Employers Learn from Salary Benchmarks?

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Hiring Software Zenefits Benchmarking Compensation 53

Zenefits

JUNE 1, 2022

While the decision of how much PTO to offer is up to you, it’s a smart idea to benchmark other businesses in your industry, especially your competitors. it’s a smart idea to benchmark other businesses in your industry, especially your competitors. However, you also have a business to run.

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Onboarding Software Recruiting Software Policies Staffing Software 41

Zenefits

JANUARY 14, 2022

As stated in a Zenefits report , “Managers waste 140 hours a year manually creating schedules for their employees.”. For example, Zenefits scheduling tool lets you: Create and edit shifts for all employees. For instance, Zenefits time tracking tool offers the following: Time tracking for employees, freelancers, and contractors.

HR Software 41

HR Software Hiring Software Planning Tools Onboarding Software 41

Zenefits

OCTOBER 20, 2021

In addition: Benchmark data for companies of similar size and in similar locations. Select and enroll in your medical, dental, and vision plans (can be done via mobile if using Zenefits). Zenefits can provide you with tools to make open enrollment smooth sailing for you and your employees. You must enroll or decline by: __.

HR Planning 78

HR Planning Planning Tools Zenefits HR Software 78

Zenefits

JUNE 23, 2022

While the BLS’ analysis is a reliable benchmark, it would be a mistake to solely rely on it. “This data dispels the myth that workers routinely abuse or over-utilize paid sick time,” says the National Partnership for Women & Families. How many sick days should you provide? Definition of sick leave, including its purpose.

Onboarding Software 74

Onboarding Software Staffing Software Survey Payroll 74

Zenefits

SEPTEMBER 16, 2022

One of the benchmarks of effective teamwork is the ability of team members to share ideas. Zenefits helps people like you — business leaders and HR professionals — implement the kind of effective collaboration strategies that will boost your bottom line, increase your employees’ satisfaction, and help you grow a more successful business.

Onboarding Software 41

Onboarding Software Strategy HR Software Planning Tools 41

Zenefits

JULY 6, 2018

Some positions have clear daily benchmarks. Establishing benchmarks that might not exist with an in-office worker can put management at ease. appeared first on Zenefits Blog. A challenge many businesses fear is how they’ll know if a remote worker is actually working.

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Zenefits Benchmarking Policies Report 41

Zenefits

OCTOBER 28, 2021

Businesses consistently create new benchmarks to grow and improve when it comes to their bottom line, but they should devote the same care when it comes to a company’s performance management goals as well. Is employee morale up but no real strides are being made toward company benchmarks? Focusing on employee satisfaction.

Performance Management 36

Performance Management Hiring Software Onboarding Software Planning Tools 36

Zenefits

DECEMBER 22, 2021

Look at competitors, market data, and benchmarks. Now that you’ve explored your company’s philosophy, goals, and budget, you’ll have to look at the market and various benchmarks to determine what your company’s pay grades and salary ranges should be. Several tools offer real-world salaries, including Zenefits , LinkedIn, and Glassdoor.

Bonuses and Incentives 36

Bonuses and Incentives Hiring Software Planning Tools How To 36

Zenefits

DECEMBER 29, 2021

With each gap, compare data from compensation benchmarking tools to determine how much you’ll have to spend to attract needed talent. While you can ask friends, colleagues, and mentors how much they might pay to hire and retain talent for particular roles, the best way to gauge how much to pay someone is through using a benchmark tool.

Payscale 36

Payscale Strategy Hiring Software Bonuses and Incentives 36

Zenefits

MAY 9, 2019

Internal job descriptions + external job data = salary benchmarking. If the goal of your business is to promote a happy and engaged workforce, salary benchmarking is an excellent tool to make sure your workers are being paid fairly.

Company 28

Company Benchmarking Zenefits Planning Tools 28

Zenefits

FEBRUARY 7, 2023

Looking at salary benchmarks and other compensation metrics to compare internal pay details to the external market. For ongoing HR and business management news, tips, and other resources , count on Workest by Zenefits daily. Setting goals for what’s affordable so you can best align your budget with market averages.

Compensation 36

Compensation Analysis HR Planning Planning Tools 36

Zenefits

APRIL 10, 2018

In light of National Equal Pay Day, Zenefits examined data from over 1,000 employees and owners of Small and Mid-Sized Businesses (SMBs), defined as having 11-500 employees. Solving the Gender Wage Gap in 2018 appeared first on Zenefits Blog.

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Hiring Software Zenefits HR Software Compensation 31

Zenefits

SEPTEMBER 14, 2022

Benchmarking. This will require you to do a little research to benchmark your business against current conditions. There are several resources you can use for competitive benchmarking, including: The Bureau of Labor Statistics. Benchmarking needs to go beyond pay. Online job boards, such as Indeed and Glassdoor.

Compensation 41

Compensation Planning Tools Benchmarking Retention and Turnover 41

Zenefits

JUNE 13, 2022

It’s much better to do competitive benchmarking in your industry and location. A good place to start is with the Zenefits Benefits Benchmark Report. The United States Bureau of Labor Statistics provides some guidance, but it only sorts workers by private, civilian, and government workers.

Planning Tools 36

Planning Tools Onboarding Software Payroll Benchmarking 36

Zenefits

AUGUST 1, 2017

Related: Employee Benefits Benchmarking: Insurance Premiums. The post Businesses Prioritize Wellness & Increase Overall Health Offerings, According to New SHRM Report appeared first on Zenefits Blog. Source: SHRM 2017 Employee Benefits Report. Attracting & Retaining Top Talent Fuels Benefits Decisions.

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Report Wellness Hiring Software Zenefits 43

Zenefits

APRIL 8, 2020

According to the Bloomberg Tax 2019 Payroll Benchmarks Survey Report , the most popular outsourced functions are: Tax filing. Take Zenefits, for example. Outsourced. With the outsourced model, you entrust all or some of your payroll responsibilities to an external service provider. Unemployment insurance administration. Global payroll.

Payroll 36

Payroll HR Software Zenefits Compensation 36

Zenefits

JULY 5, 2022

It could involve human resources to document the interaction and set benchmarks of progress. At Zenefits, we give you the perfect platform to manage all your HR, payroll, and benefits tasks. Our employee performance management module can set your teams up with simple benchmarking and communication any time, anywhere.

Onboarding Software 36

Onboarding Software HR Software Assessment Software Wage and Hour Training 36

Zenefits

MAY 25, 2017

Download our free eBook, Zenefits Small Business Benchmark Report , to get a snapshot of plan types, contributions, premiums, deductibles, copays, and out-of-pocket costs across different regions. The post Non-Partisan CBO Says AHCA Would Reduce Coverage and Benefits appeared first on Zenefits Blog.

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Zenefits eBook Benchmarking Report 46

Homebase

DECEMBER 12, 2022

So, it’s a good idea to make that your benchmark and avoid exceeding 20%. With Zenefits’ user-friendly platform, it’s easy to make payroll submissions. Optimal payroll-to-sales ratios vary between industries. According to a breakdown by Netsuite, the average payroll-to-sales ratio for retail is between 10% and 20%. More on that later.

Hiring Software 52

Hiring Software Onboarding Software HR Software Planning Tools 52

Zenefits

FEBRUARY 19, 2019

It comes with excel worksheets for employee hiring planning, real benchmark salaries for the most popular job roles in small and midsize businesses, and your own customizable salary converter to include any/all costs that your businesses incurs. appeared first on Zenefits Blog. Get the Essential Employee Hiring Kit here.

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Hiring Software Zenefits Benchmarking Planning Tools 28

Zenefits

FEBRUARY 28, 2017

At Zenefits, we believe that managing health insurance for employees should be simple. According to a 2016 survey by the Rand Corporation , penalizing employees for failing to participate or meet benchmarks is a more effective motivator than high-value incentives. . appeared first on Zenefits Blog.

Wellness 28

Wellness Zenefits Hiring Software eBook 28

Zenefits

JANUARY 4, 2022

Start with a SWOT analysis and a benchmarking exercise. Next, you’ll want to do some benchmarking work. There is a clear benefit to look at other companies for inspiration and benchmarking. The whole point of goals is to improve or achieve, right? It’s a good idea to do these kinds of analyses frequently.

Strategy 74

Strategy Benchmarking Analysis Course 74

Zenefits

FEBRUARY 21, 2019

One of the best places to start is with salary benchmarking. What Are Salary Benchmarking and Compensation Management? Much of the data they use comes from a process called salary benchmarking. Salary benchmarking is the process employers use to determine the market rate for each position within their organization.

Hiring Software 34

Hiring Software HR Software Payroll Analytics 34

Zenefits

JUNE 1, 2017

In fact, while most insurers require employers to pay at least 50 percent of the health insurance premium for employees, small businesses actually contribute more than the minimum, according to a 2017 research report from Zenefits. Download Now] : Zenefits Small Business Benchmark Report.

Competencies 39

Competencies Hiring Software Talent Experience Interview Software 39

Zenefits

FEBRUARY 7, 2019

Discover more small business benchmarks, data, and working remotely best practices in the Flexible Work Arrangements Benchmark Survey ]. The post The 4 Myths of Hiring Employees for Your Business appeared first on Zenefits Blog.

Hiring Software 40

Hiring Software Hiring Benchmarking Zenefits 40

Zenefits

FEBRUARY 23, 2022

If you’re not sure where to start in understanding your people’s level of engagement, this is a great way to begin benchmarking. If you’re new to creating engagement surveys, Zenefits’ software also has pre-populated templates that let you: Build. Find areas that require intervention and improvement.

Employee Engagement 41

Employee Engagement Survey HR Software Onboarding Software 41

Zenefits

FEBRUARY 24, 2022

Read the Zenefits Benefits Benchmark Report for more great data, trends, and insights. We hope you enjoyed reading these tips to help your HR department create an attractive employee benefits package to meet the growing expectations of your staff. Bookmark( 0 ) Please login to bookmark. Username or Email Address. Remember Me.

Employee Benefits 36

Employee Benefits Bonuses and Incentives Wage and Hour Training Planning Tools 36

Zenefits

MAY 8, 2017

This, of course, is an average that’s meant to provide employers with a benchmark. . At Zenefits, the onboarding experience begins as soon as a person signs an offer letter. appeared first on Zenefits Blog. According to HROnboard , onboarding each new employee costs around $400.

Onboarding Software 31

Onboarding Software Onboarding Hiring Hiring Software 31

Zenefits

NOVEMBER 20, 2019

To do this, study benefits benchmark costs, learn which questions to ask your brokers or carriers to ensure your plans match your objectives and discover new ways to offer health insurance that might save you money.

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Planning Tools HR Software Benchmarking Zenefits 28