HRsoft

MAY 17, 2018

Calculating turnover is important for developing retention strategies and supporting a strong company culture. To begin calculating turnover in your organization, select a benchmark job to validate internal and external metrics. Number FTE workdays per year: 240. Placement costs: $4,000. 74,000/$81,000 =.91.

Retention and Turnover 40

Retention and Turnover Assessment Software Compensation Planning Tools 40

Analytics in HR

DECEMBER 4, 2018

if different people calculate FTE, attrition, senior female representation etc. Next, you clarify basic definitions and data sources (i.e. basic data management), and produce standardized and streamlined reports. At the same time, you turn of any parallel reporting using different definitions and/or data sources (e.g.

Analytics 69

Analytics Workforce Planning HR Software Report 69

Analytics in HR

OCTOBER 28, 2019

Even at 1% of turnover, the value of earning revenue 1 month sooner in the market can be calculated: Cost base = 2.5 The image above shows a sample of their process mapping after 4 hours and the image below shows how they rolled up FTE for each existing activity to understand where the work is now (categories and numbers have been changed).

Hiring Software 80

Hiring Software Planning Tools Groups Assessment Software 80

Tango Health

JULY 26, 2018

Review Benefits Eligibility Monthly If your FTE (Full Time Equivalent) sum of part-time employees goes over the IRS limits (50 employees), the ACA MEC Sledgehammer A-Penalties may apply. See this blog for more insight on the MEC B-Penalties: www.tangohealth.com/blog/aca-penalties-keep-rolling-in.

HR Software 40

HR Software Planning Tools Retention and Turnover Compliance 40

Tango Health

OCTOBER 31, 2018

That topic is substantial enough for its own dedicated blog. Note: For complex organizations with shared ownership made up of multiple EINs there is a concept of an ALE members rolling up and referencing each other in their reporting. When must 6056 reporting be filed with the IRS?

Compliance 40

Compliance Report Planning Tools Assessment Software 40

Zenefits

SEPTEMBER 5, 2018

However, if you have 50 or more full-time equivalent (FTE) employees, you will pay a penalty if you don’t offer it. But if you have more than a few part-time employees, their combined hours can add up to count as a number of FTEs. Healthcare.gov has a calculator that will help you determine whether or not you qualify.

Employee Benefits 28

Employee Benefits Wage and Hour Training Compensation Zenefits 28

Semos Cloud

FEBRUARY 3, 2023

In this blog post, we’ll show how getting leaders involved with employee recognition practices aids companies’ strategic and cultural goals, and why leading by example is the way to go. Great return on investment Calculating the overall ROI on recognition needs to be done holistically because recognition brings value on several dimensions.

Employee Recognition 52

Employee Recognition Retention and Turnover Talent Experience HR Software 52