Netchex HR Blog

SEPTEMBER 13, 2022

The Bureau of Labor Statistics has found that benefits make up around 30% of the total compensation for each employee, as costs continue to increase. You might offer a partial match on programs like retirement savings, but other voluntary benefits are relatively inexpensive for the company. Manage benefits cost.

Planning Tools 83

Planning Tools Employee Benefits Onboarding Software Hiring Software 83

Insperity

FEBRUARY 1, 2011

Your business may be small, but that doesn’t mean you can’t offer the attractive retirement packages that the big guys offer. An attractive retirement package can help you stay in the running for the best talent, he says. An attractive retirement package can help you stay in the running for the best talent, he says.

Retirement 40

Retirement Compensation Survey Meeting 40

Cornerstone On Demand

AUGUST 10, 2015

Four shifts, in fact: Women are leaving the corporate world; nearly half of Americans will be retiring from the workforce in the next decade; minorities are now the majority; and freelancing is the new 9-to-5. As of 2010, there were more than 8 million women-owned businesses in the U.S, Why are women leaving? In 2012, women held 14.3

Strategy 170

Strategy Retention and Turnover Talent Management Diversity 170

Insperity

FEBRUARY 10, 2011

A retirement plan isn’t just for the benefit of your employees. A good retirement plan can spruce up your business and help you reel in those top-tier professionals. But if not chosen carefully, your retirement plan could be viewed as completely useless, becoming more of a burden than a benefit. A lack of employee participation.

Retirement 40

Retirement Compliance Survey Industry 40

Insperity

FEBRUARY 3, 2011

If only finding a retirement plan to offer your employees were as easy as retiring itself. From Simplified Employee Pension plans to 401(k)s to defined benefit plans, retirement plans come in many forms. A provider that caters to large businesses may only offer big business retirement plans. What’s it going to cost?

Retirement 40

Retirement Study Compliance Training Survey 40

Compensation Cafe

JANUARY 23, 2019

A few years ago I participated with a group of HR experts who were asked to speculate on what the disciplines of HR and Compensation would look like in 2025. As I remembered to retain my original predictions from back in 2010, I thought it would be fun to look at those now – since we’re half-way to our future-state year of 2025.

HR Planning 40

HR Planning Hiring Software Assessment Software HR Software 40

HR Daily Advisor

OCTOBER 18, 2016

Imagine you have a worker who is nearing retirement. His son agrees to learn the position in anticipation of taking over when his father retires. In 2010, Scott was arrested for driving while intoxicated. However, Gordon told Michael that Scott could begin learning Michael’s job in anticipation of his retirement.

Compliance Training 40

Compliance Training Background screening Retirement Time and Attendance 40

Ceridian

JANUARY 3, 2017

In an economy where budgets remain tight, companies are searching for ways to attract and retain top talent when large compensation increases may not be an option. You might not have the budget to give your top employees the compensation package of their dreams, but you might not have to. The Paradox of Possessions.

Talent Experience 84

Talent Experience Ceridian Talent Management Time and Attendance 84

i4cp

NOVEMBER 4, 2022

There are many factors for this, including demographics (an aging workforce), low rates of workforce participation (variously caused by early retirements, increased disability leave, long periods of stimulus payments, etc.), But there is another supply chain that continues to be seriously constrained: the labor supply chain.

Data 80

Data Retention and Turnover Report Diversity 80

Ceridian

NOVEMBER 11, 2016

John Whyte joined Ceridian’s Talent Management product team in 2010 and has over 10 years of product management experience.

Performance Management 88

Performance Management HR Planning Ceridian Talent Management 88

Analytics in HR

FEBRUARY 17, 2023

Employees get promoted, move companies, and retire every day. It’s widely reported that employees with mentors perform better, are promoted quicker and compensated better, have more organizational commitment , personal learning, and job satisfaction, and are less likely to leave.

Succession Planning 93

Succession Planning Planning Tools HR Software Hiring Software 93

Fond

OCTOBER 22, 2020

One study found that since 2010, rates of turnover have increased by 88% with no signs of slowing down anytime soon. The most commonly cited reason employees leave their jobs is a desire for better compensation — meaning higher pay, but also better benefits. This is due in large part to increased lifespan and delayed retirement. .

Trends 84

Trends Harassment Retirement Strategy 84

Terryberry

JANUARY 24, 2024

Effective organizational wellness programs have also been shown to result in a 32% reduction in worker's compensation and disability claims. Employees should feel confident and knowledgeable in managing their money and preparing for life after retirement. In 2010, it was estimated that depression cost employers $105.25

Wellness 52

Wellness Hiring Software Planning Tools Bonuses and Incentives 52

Zenefits

JUNE 1, 2022

When this is applied, it is added to the recipients’ existing monthly retirement and/or social security payments. However, they are calculated at a different (usually lower) rate than that of those on retirement income. Active government employees may receive COLAs as well. So, why don’t all companies apply cost of living adjustments?

Bonuses and Incentives 36

Bonuses and Incentives Payroll Retirement Metrics 36

Insperity

JUNE 18, 2012

Workers nationwide have seen their net worth, home equity and retirement plan values drop at an alarming rate, and are likely to appreciate their benefit packages now more than ever. 77,300: Net worth of the median family in 2010, a 40 percent drop. 55,000: Median home equity in 2010, a 42.3 percent drop. $49,

Employee Benefits 40

Employee Benefits Retirement Survey Data 40

HR Daily Advisor

JULY 19, 2016

The first waves of young people born from 1995 through 2010, aka “Generation Z”, are in the process of leaving school for the labor market.

Report 40

Report Retirement Compensation Hiring 40

Ask a Manager

MAY 26, 2020

In early 2010, I started to date my boyfriend who owned a small business. However, I’ve always been really under-compensated. I recently caught a text to the woman he had an affair with saying he couldn’t wait to sell the business, move, and retire with her. He is really good at manipulating me.

Background screening 93

Background screening Discrimination Conference Video Recruiting 93

Payactiv

MAY 4, 2016

A 2010 Federal Reserve study found that employee financial stress costs employers an average of $5,000 per employee per year in lost productivity. Increased Workers Compensation Claims According to the report, Employee Financial Stress is Costing Your Company a Bundle– And How You Can Stop It Now!,

Productivity 52

Productivity Retention and Turnover PayActiv Workable 52

Ceridian

MAY 25, 2016

John Whyte joined Ceridian’s Talent Management product team in 2010 and has over 10 years of product management experience.

Recruiting Software 65

Recruiting Software Recruitment Strategy Hiring Software 65

Analytics in HR

SEPTEMBER 7, 2021

These include the following: Compensation and benefits and salary raises Learning and development opportunities Organizational culture Diversity and inclusion Employee relationships Digital employee experience. Depending on individual financial success, needs, and government support, employees will retire fully or work part-time.

ATS 69

ATS Retention and Turnover Hiring Software How To 69

Cielo HR Leader

DECEMBER 6, 2013

In 2010, 25% of the 242,000 primary care physicians employed in the U.S. were 56 years of age or older—indicating the likelihood of at least 55,000 physicians retiring within the next 8-10 years and further spotlighting the growing concern over the healthcare worker shortage . In the U.S.

Recruiting Software 40

Recruiting Software Recruitment Talent Acquisition Planning Tools 40

Thrive Global

NOVEMBER 6, 2020

Her career spanned 42 years with Masco, and following her retirement included consulting in the areas of strategic sourcing and negotiations. When I retired from Masco Corporation in 2014, after 42 years, I took on TNVR full time and founded GG’s Foundation, “Paws on the Ground.” 100% of donations help the community felines.

Assessment Software 53

Assessment Software Retirement Compliance Training Groups 53

Analytics in HR

FEBRUARY 18, 2019

Average interviewing cost Average length of placement Average length of service Average salary Average number of training hours per employee Average number of vacation days per employee Average number of unpaid leave per employee Average retirement age Compensation cost as a percentage of revenue Employee training satisfaction HR-to-FTE ratio Etc.

Metrics 111

Metrics Examples Resources Hiring Software 111

Ceridian

NOVEMBER 23, 2016

John Whyte joined Ceridian’s Talent Management product team in 2010 and has over 10 years of product management experience.

Video Recruiting 40

Video Recruiting Talent Experience Hiring Software Hiring 40

HRsoft

MAY 7, 2018

In 2010, voluntary separations hovered around 9%, but they have climbed steadily in recent years and are now at 13.5% In 2010, voluntary separations hovered around 9%, but they have climbed steadily in recent years and are now at 13.5% For employers to stay competitive, it has become essential to confront turnover head-on.

Retention and Turnover 45

Retention and Turnover Trends Kronos Planning Tools 45

Payactiv

MARCH 28, 2023

million retirements are expected in the industry over the next decade, the industry is estimated to have 2.1 Nevada saw nearly 50% growth in manufacturing employment and GDP from 2010 to 2020, while California had a 45.6% The Department of Labor’s database shows the losses in skilled employees in this sector from 2002 to 2021.

Wage and Hour Training 52

Wage and Hour Training Hiring Software Staffing Software PayActiv 52

Ceridian

MAY 2, 2017

It’s essential that Compensation Management tools keep pace with market needs. On Tuesday, May 9 at 2 PM ET, Ceridian is partnering with The Wilson Group to discuss current Trends, Tools and Techniques Impacting Compensation Management. Compensation and performance trends over time. The total rewards picture must evolve as well.

Assessment Software 69

Assessment Software Recruiting Software Planning Tools HR Software 69

Thrive Global

JULY 15, 2021

I later went to work with a high-net-worth family office who owned a portfolio of companies in the early 2010’s, in a broader operations role and quickly saw that regardless of industry the principles that cement your chances to drive great business outcomes never change. That was true. We did desire that.

Campus SaVE 36

Campus SaVE Meeting Compliance Training Immedis 36

45 Things

DECEMBER 1, 2009

In a recent survey, Jobvite found that before the recession, more than 60 percent of GenY candidates wanted a higher compensation than offered. My Dad lost his job and all his retirement benefits when I was in college, and worked in a gas station for the next 10 years. January 11, 2010 2:32 AM Anita said. God bless America.

Hiring Software 40

Hiring Software Interview Software Jobvite Planning Tools 40

Zenefits

APRIL 6, 2021

Like many other small employers, you probably offer health insurance and a retirement plan. Applicable employers with qualified retirement plans or health and welfare plans must use Form 5500 to satisfy annual reporting requirements under the Internal Revenue Code and the Employee Retirement Income Security Act (ERISA).

Retirement 36

Retirement Hiring Software Planning Tools Compliance 36

Ceridian

MARCH 10, 2016

John Whyte joined Ceridian’s Talent Management product team in 2010 and has over 10 years of product management experience. Current responsibilities include driving the Dayforce Talent Retention strategy for performance development, career pathing, compensation management and beyond.

Coaching 40

Coaching Talent Experience Talent Management Competencies 40

MTM Recognition

JANUARY 19, 2022

The first theory has been multiple years coming – the increase in demand for high-level employees to work long hours, without the increase in pay to compensate for the rising cost of living. In 2010, the median household income grew about 16 times that number to around $50,000.

Wage and Hour Training 96

Wage and Hour Training Hiring Software Compliance Training Trends 96

Evil HR Lady

JULY 12, 2010

Monday, July 12, 2010 Managers: Stop the Shuffling and Just Fire the Person Dear Evil HR Lady, I recently accepted a brand new position as regional director. HR is really pushing for this person to retire as he has been employed for many years and one of the reasons they created the new position was to remove him from management.

Retirement 44

Retirement Employment Law Discrimination Compensation 44

Linkedin Talent Blog

DECEMBER 17, 2023

Gen Z, also known as Generation Z and Zoomers, is the generation born between 1996 and 2010. Best practices for recruiting Gen Z talent Gen Z will make up 27% of the workforce in OECD countries by 2025, increasing further as they continue to reach working age and Boomers continue to retire. What is Gen Z?

Recruitment 49

Recruitment Employer Branding Talent Experience Compensation 49

Recruiters Lineup

DECEMBER 6, 2023

Discrimination and Equality: The Equality Act 2010 prohibits discrimination on the grounds of age, disability, gender reassignment, marriage and civil partnership, pregnancy and maternity, race, religion or belief, sex, and sexual orientation. Employees can opt out if they choose, but automatic enrollment aims to boost retirement savings.

Hiring Software 94

Hiring Software Wage and Hour Training Onboarding Software Assessment Software 94

Workable

DECEMBER 21, 2018

Unions fought for workers’ compensation, the standard work week, pensions, and vacations – things often taken for granted today. Since 2010, around 10,000 miners have been laid off in West Virginia. Berlin offered retirement and retraining deals. The work was secure, but deadly. In the U.S., the government had no such foresight.

Recruiting Software 85

Recruiting Software Recruitment Talent Experience Strategy 85

TalentCulture

JANUARY 7, 2016

With more Boomers retiring every year, the size of this particular workforce will continue to shrink. Millennials’ ranks have swelled to fill the gap, with Gen Z (those born between 1995 and 2010), soon entering the workforce as well. In many instances, culture trumps compensation—and this doesn’t seem likely to change.

Recruiting Software 40

Recruiting Software HR Software Hiring Software Recruitment 40