Decusoft

MAY 20, 2021

It is important to conduct compensation data audits frequently in order to produce an equitable and appropriate compensation plan. Smart businesses understand that offering competitive pay for full-time employees is one of the most important factors in attracting and retaining top talent.

Analysis 96

Analysis Compensation HR Planning Bonuses and Incentives 96

Decusoft

APRIL 1, 2021

What is Executive Compensation? . Executive compensation programs are influenced by a variety of factors today. As a compensation manager, your primary concern should be the alignment of pay and performance. Compensation Strategy Allocation . Compensation Strategy: Salary Ranges. Total rewards.

Compensation 98

Compensation Bonuses and Incentives Strategy HR Planning 98

Payactiv

MARCH 31, 2022

In 2020, the industrial world faced a challenge, the likes of which it had never seen before. Experts have proposed several solutions to end the labor shortage and, in this article, we’ll focus on how employee benefits can help resolve this problem for companies and consumers alike. Why Is There a Labor Shortage?

Hiring Software 52

Hiring Software Employee Benefits Recruiting Software PayActiv 52

PlanSource

DECEMBER 31, 2019

If your employees aren’t properly compensated for their work, they’ll easily become disengaged—and may possibly walk away from your organization for good. . More than just a competitive salary, you also need to offer strategic benefits to keep your employees engaged. 5 Best Practices for Selecting Employee Benefits .

Employee Benefits 64

Employee Benefits Hiring Software Planning Tools Onboarding Software 64

PlanSource

DECEMBER 11, 2019

Chances are, you’ve probably heard about student loan repayment as an employee benefit. Many large employers have rolled this handy financial wellness perk into compensation packages as a way to attract and retain talent (notably, millennials) and provide better financial wellness support to employees across the board. .

Employee Benefits 84

Employee Benefits Hiring Software Wage and Hour Training Video Recruiting 84

Intoo USA

MARCH 15, 2023

The National Labor Relations Board (NLRB) has now reversed the decision made in 2020, ruling that employers can no longer stipulate that departing employees keep the details of their severance package confidential in order for them to receive the benefit, nor can they stipulate that employees not speak disparagingly about the company.

Outplacement 149

Outplacement Employer Branding Wage and Hour Training Planning Tools 149

MP Wired For HR

NOVEMBER 15, 2023

Optimize the employee onboarding process, provide frequent employee recognition, offer professional development opportunities, and regularly evaluate compensation/benefits packages for starters. When your employees trust you, are more likely to enjoy and be engaged in their work. Employee benefits administration.

Payroll 78

Payroll Employee Engagement Hiring Software HR Software 78

WEX Inc.

MAY 8, 2023

But there are options for employees with chronic health conditions. Starting in 2020, IRS Notice 2019-45 stated that certain expenses for chronic condition care are considered preventative for participants enrolled in HDHPs, meaning these expenses are eligible to be covered by insurance before participants reach their required deductible.

Trends 97

Trends Retirement Comparison Compensation 97

PlanSource

SEPTEMBER 23, 2019

In this week's edition, we discuss increasing medical costs for 2020, how HR can shift to a strategic mindset, the growing role of the benefits broker and much more! percent in 2020, the same increase as in 2019, though the rate will outpace inflation by 3.8 Click To Tweet. Employer Medical Costs Expected to Rise 6.5

HR Planning 40

HR Planning Payroll Trends Compliance 40

HRExecutive

DECEMBER 20, 2023

. - Advertisement - From mental health and financial wellness to covering menopause benefits and weight loss drugs, both familiar and emerging benefits will remain critical to HR strategy, says Julie Stich, vice president of content at the International Foundation of Employee Benefit Plans.

HR Software 93

HR Software Planning Tools Survey Employee Benefits 93

Extensis

OCTOBER 11, 2023

million jobs being added since January 2020. With the cost of living continuing to go up, employees expect more from companies in terms of compensation. This includes HR and payroll administration , talent management assistance, including recruiting and retention, and training and development among employees.

Hiring Software 106

Hiring Software HR Software Planning Tools Recruiting Software 106

DailyPay

JULY 26, 2022

Workers may believe that other sectors like retail or services offer better benefits and salaries or that manufacturing is simply not a strong career path. 5 Offering employee benefits that actively demonstrate how a company values its employees may boost hiring and engagement. Repair Employee Trust.

Hiring Software 52

Hiring Software Retention and Turnover Recruiting Software Planning Tools 52

Extensis

APRIL 19, 2023

On December 29, 2022, the Consolidated Appropriations Act (CAA 23) was enacted with several new measures regarding employee benefits and retirement plans in place. Provisions were largely implemented in favor of employees and to keep employers accountable. Act of 2022.

Guidelines 52

Guidelines Retirement Employee Benefits Compliance 52

Extensis

MARCH 15, 2023

There’s no denying things have changed since COVID-19 first arrived in March 2020. Businesses were forced to quickly adapt to safety and sanitation protocols, as well as deal with consequential workplace hurdles, such as layoffs and voluntary employee resignations. This includes evaluating employee benefits.

Planning Tools 97

Planning Tools Recruiting Software HR Software Compliance 97

Vantage Circle

APRIL 22, 2019

Related: A Brief Guide On Employee Pulse Surveys. 50 Pulse Survey Questions for your next Employee Engagement Survey. In this blog, I’ve divided the Employee engagement survey into 9 categories, namely. Employee Engagement Index. Compensation and Benefits. Employee Recognition. Communication.

Employee Engagement 69

Employee Engagement Survey Employee Recognition Assessment Software 69

Zoho People

SEPTEMBER 9, 2021

Finally, be open about your business operations, employee performance, and how it has added value during performance reviews. Revisit your compensation and benefits packages. Employees may prefer work-life balance, flexible working conditions, and career development. Prioritize employee well-being over anything.

Talent Experience 98

Talent Experience HR Software Compensation Planning Tools 98

The Employer Handbook

AUGUST 27, 2020

On Tuesday, a prescient reader emailed me to suggest a blog topic. Matt Arco for NJ Advance Media had the scoop here as Governor Murphy announced that NJ fitness centers could reopen on September 1, 2020, provided that they implement a series of safety measures : Source: Twitter. Image by Pexels from Pixabay. Business continuity plans.

Handbook 52

Handbook Employment Law Compensation Employee Benefits 52

DailyPay

APRIL 6, 2023

Better access to earned wages through on-demand pay helps employees to manage and overcome their financial stress, avoiding negative effects on productivity and morale. 10 Is there a correlation between pay and employee retention? If employees feel well-compensated, they’re less likely to look for a new job.

Retention and Turnover 52

Retention and Turnover Strategy Wage and Hour Training Hiring Software 52

WEX Inc.

JUNE 21, 2023

In fact, a 2020 survey showed 51% of employers surveyed have formalized a DEI strategy for their company and 44% have made changes to their hiring policies. DEI can benefit a company from many different aspects, and investing in DEI hiring strategies can broaden the talent pool and increase employee retention.

Strategy 52

Strategy Background screening Hiring How To 52

Payactiv

FEBRUARY 24, 2022

In April of 2020, unemployment numbers in the hospitality industry reached 37.3% , and in the fall of 2021 the hotel industry had 1.74 million fewer jobs filled than it did in the winter of 2020. Workers in the hotel industry have always faced long hours, intense work, and low compensation. Where Have the Hotel Workers Gone? .

Hiring Software 98

Hiring Software Recruiting Software HR Software Wage and Hour Training 98

Extensis

JUNE 14, 2022

The 2022 BenefitsPRO survey highlights why voluntary benefits are such a hot commodity and how brokers who work with a PEO partner can help their clients adapt accordingly and stay competitive. After the rollercoaster ride of 2020, they managed to find their footing once more and impressively emerged moving in a positive direction.

Recruiting Software 93

Recruiting Software Planning Tools Survey Recruitment 93

Extensis

OCTOBER 18, 2022

In spring 2020, 19.5% workers 65 and older is nearly 3% higher than in 2020, the share of working older adults is more than 2% higher. In spring 2020, approximately 18% of those age 65 and older, or over 220,000 people, were employed in New Jersey. Compelling compensation. of this age bracket was working. Why the return?

Hiring Software 98

Hiring Software Planning Tools Recruiting Software HR Software 98

Extensis

JULY 5, 2022

Rising healthcare costs mixed with unforeseen medical needs have created new budgeting considerations when it comes to employee health benefits. With medical procedures and regular doctor visits delayed in 2020 due to pandemic shutdowns, there was a temporary decrease in healthcare costs for employees who were fully insured.

Planning Tools 98

Planning Tools Assessment Software HR Software Employee Benefits 98

PlanSource

DECEMBER 22, 2021

Empowering Smarter Benefit Decisions with DecisionIQ. HR teams also need additional assistance in employee decision support. They don’t have the time to answer every employee benefit question or walk everyone through the enrollment process. We look forward to partnering with more innovative benefit providers in 2022.

HR Software 52

HR Software Hiring Software Planning Tools Video Recruiting 52

PlanSource

MARCH 16, 2022

Employees have been more vocal about what they want from their benefits and the employers who are listening and expanding their offering in response are gaining a competitive edge in the job market. The Number of Employers Who Contribute to Their Employees HSA Plans Increased by 23% Since 2020. Benefits are expensive.

Benchmarking 52

Benchmarking Report Planning Tools HR Software 52

Extensis

APRIL 4, 2022

Quick look: According to a recent report by Avasant, the adoption of HR outsourcing grew 7% from June 2020 to June 2021 – and it’s time for brokers who don’t offer PEO services to begin doing so. Tailored benefits : The best employee benefits aren’t one-size-fits-all. In the U.S.,

Planning Tools 75

Planning Tools Recruiting Software HR Software Hiring Software 75

Extensis

APRIL 14, 2023

Challenges stemmed from a lack of qualified candidates, as well as a push for companies to keep up with competitive compensation. Add to it the spike in living costs and what remains is still an employee-controlled market as people hold out for job offers with the highest salaries and most relevant benefits.

Recruiting Software 86

Recruiting Software HR Software Planning Tools Interview Software 86

Edcor

DECEMBER 3, 2018

The Recovery 2020 report from Georgetown University Center on Education and the Workforce shows that in the near future: • 65 percent of job vacancies will require some postsecondary education and training. • By 2020, there will be 38 to 40 million fewer workers globally with the skills and higher education that employers need.

Recruiting Software 67

Recruiting Software Recruitment Certification Retirement 67

Extensis

FEBRUARY 9, 2023

Expose compensation disparities One of the first steps an employer can take to promote health and wellness for people of color is to closely evaluate compensation equity. Per a recent report by the Urban Institute, between September 2019 and September 2020, 10.6% of whites and 4.5% of Hispanics.

Wellness 98

Wellness Assessment Software HR Software Planning Tools 98

Extensis

OCTOBER 25, 2022

Gallup reports that employee engagement is declining for the first time in more than 10 years (from 36% of employees feeling engaged in 2020 to just 32% in 2022). Recent research shows varying results regarding how many people feel disengaged from their jobs. 5 ways to prevent quiet quitting. Prioritize mental wellness.

HR Software 98

HR Software Recruiting Software Compliance Training Employee Engagement 98

Vantage Circle

SEPTEMBER 26, 2021

The idea of phantom stock plans is to mimic the value of a share to an employee without actually handing over the shares. Phantom stock plans, also known as equity compensation plans, equity pay plans, stock bonus plans, or phantom equity plans, are a form of employee stock option plan (ESOP). Types of Phantom Stock.

Bonuses and Incentives 52

Bonuses and Incentives Planning Tools Retention and Turnover Compensation 52

Advos

DECEMBER 19, 2016

Every Monday we send a summary of the previous week’s funding announcements, mergers, acquisitions, and partnership news from the HR technology, recruitment, talent management and employee benefits space. Separating Performance Management From Compensation, Developing Millennial Talent). Sign up now. View plans.

Recruiting Software 40

Recruiting Software HR Software Assessment Software Planning Tools 40

Extensis

JUNE 14, 2023

Employees want to ensure their benefits are extended to their families whenever possible. And those wanting to become parents for the first time appreciate employers who understand the value of family-forming benefits as part of a complete compensation package. However, as of 2020, 27% of U.S.

Recruiting Software 88

Recruiting Software Talent Experience Recruitment Planning Tools 88

Paychex WORX Blog

AUGUST 22, 2020

BENEFITS ADMINISTRATION ENHANCEMENTS Flock has made several updates to our benefits administration experience. Age Reduction Notifications & Enhancements: Flock will inform the employee and admin of upcoming employee/spouse age reductions and dependent age-outs in employee elections weeks ahead of time.

Hiring Software 52

Hiring Software Productivity Planning Tools ADP 52

Synergita

DECEMBER 16, 2022

Hybrid Working Model: According to one of the surveys conducted by ET Bureau, Indian employees prefer hybrid work model over the traditional work from office model. The HR will have to relook into the employee benefits, policies and employee engagement process in order to make it a win-win situation for both the sides.

HR Trends 40

HR Trends Trends HR Software Hiring Software 40

Extensis

JULY 12, 2022

After all, employees can’t benefit from what they don’t know. Employees must first be enrolled in an HDHP to take advantage of HSA benefits. However, a 2020 JAMA Network survey reveals 1 in 3 adults with an HDHP have not set up an HSA , and those who have did not contribute money to it in the past year.

Retirement 97

Retirement Payroll Compensation Wellness 97

Extensis

APRIL 27, 2022

Though planning for retirement has often been a standard benefit for most large corporations, small- and medium-sized businesses (SMBs) are also reconsidering their value when recruiting top talent. In fact, many SMB leaders are incorporating retirement plans into their compensation packages for the first time.

Planning Tools 52

Planning Tools Hiring Software Retirement Recruiting Software 52