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How To Create An Employee Compensation Strategy

6Q

The purpose of this blog post is to provide an overview of how to create an employee compensation strategy. The key is to find the right combination that will motivate employees while also being practical for the business. What type of benefits do you offer? Do you offer overtime pay? Do you offer executive pay grades?

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Encourage Your Clients to Offer a 401k Plan

Extensis

Quick Look: The concept of “cool perks” in the workplace has shifted away from free lunches and company happy hours toward more meaningful and sustainable offerings. A 401k plan speaks to this intrinsic value and helps assure employees they’ll receive a positive return. How employers benefit from offering 401k plans.

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4 Myths About Small and Medium Workplaces Debunked

Great Place to Work

Think that small and medium companies can't compete with their larger cohorts in terms of pay, well-being and job flexibility? It’s easy to assume small and medium workplaces can’t match the offerings of large corporations. Small companies are those with 10 to 99 employees and medium companies have 100 to 999 employees.

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The Small Business Guide to the 401k Match

Zenefits

There’s no denying that when a company offers its employees meaningful benefits, the company is more successful. As the founder and CEO of Guideline , a lot of small business owners ask me about the first steps involved in offering their employees a retirement plan. an employer contribution to a 401k plan ).

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Brokers: Tailoring Benefits to Match What Gen Z Wants

Extensis

As a broker, you can help your small- and medium-sized business (SMB) clients create tailored packages to stand out from the competition and keep this younger generation satisfied. PEOs enable smaller employers to offer Fortune-500-level benefit plans at rates they would be unable to achieve independently. Paid leave – 70%.

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Who are the Best 401(k) Providers for Your Small Business?

ForUsAll

Evaluating 401(k) providers can be daunting for small businesses. And traditionally, small business owners and their employees have gotten the short end of the stick. According to a study by BrightScope , the average small business pays 401(k) fees that are 5x higher than their Fortune 500 counterparts.

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Benefits on the Go: Why Mobile-Friendly Benefits Administration is Required

Netchex HR Blog

We’re all moving through the world cell phone-first, both in our personal lives and in business. Mobile accessibility is a small way to ensure that your employees are able to easily use their benefits. Of course, Netchex offers mobile-friendly benefits administration! Mobile-friendly sites and apps have become the default.