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?

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Hiring Software Employee Benefits Recruiting Software PayActiv 52

Payactiv

OCTOBER 28, 2022

By contrast, lower-skilled nursing home positions typically pay closer to $15 an hour , often with few benefits. Since January 2020, 400,000 nursing home and assisted living staff have quit, citing pandemic exhaustion as well as low pay and lack of advancement opportunities. How to Attract and Retain Senior Care Workers.

Wage and Hour Training 52

Wage and Hour Training Staffing Software Strategy PayActiv 52

WEX Inc.

MAY 8, 2023

HSAs come with a variety of potential benefits, including employer contributions , extra savings on eligible health expenses , and the ability to invest your money over time for healthcare in retirement. But there are options for employees with chronic health conditions. It is not legal or tax advice.

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Trends Retirement Comparison Compensation 97

EmployeeConnect

SEPTEMBER 12, 2022

In this blog, we will discuss what staff attrition is and how to determine your attrition rates. In addition, we’ll discuss how to control employee attrition within your company. What is Employee Attrition? Your company should focus on offering the employees benefits and perks that they like. Allow Flexibility.

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Compliance Training Workforce Planning Trends Benchmarking 245

WEX Inc.

MAY 12, 2023

Telemedicine visits At the start of the pandemic, the use of telemedicine skyrocketed by more than 1000% in March 2020 and 4000% in April 2020, according to one study. With money being the number one factor negatively affecting mental health, HSAs are a great tool for investing and retirement planning.

Retirement 98

Retirement Planning Tools Compliance Training Study 98

Extensis

APRIL 19, 2023

Quick look: New legislation under the Consolidated Appropriations Act (CAA) was enacted late last year, affecting employee retirement benefit and health plan laws for 2023 and beyond. Financial wellness has become a crucial part of employee benefits, and eligibility updates speak to this growing importance.

Guidelines 52

Guidelines Retirement Employee Benefits Compliance 52

Extensis

OCTOBER 18, 2022

In spring 2020, 19.5% And although the number of retired U.S. 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. of this age bracket was working.

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Hiring Software Planning Tools Recruiting Software HR Software 97

DailyPay

JULY 26, 2022

and an older workforce of Baby Boomers retire. 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.

Hiring Software 52

Hiring Software Retention and Turnover Recruiting Software Planning Tools 52

Extensis

FEBRUARY 13, 2023

An unequal healthcare experience Before exploring how brokers can help clients advocate for Black employees, it’s crucial to address the racial bias and inequalities in the healthcare system today. Another factor affecting Black Americans’ retirement income is Social Security benefits. Unfortunately, U.S.

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Background screening Company Retirement Planning Tools 96

Achievers

DECEMBER 16, 2019

“I don’t really care about my employee benefits,” said no employee ever. When it comes to employee benefits, if your business can offer it, employees want it. That’s the case for any employee benefit, from time off to healthcare to flexible work arrangements to workers’ comp insurance.

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Employee Benefits QuickBooks Survey Retirement 283

Extensis

APRIL 25, 2023

Quick look: For the past several months, the modernization of benefits has been widely discussed and largely appreciated. This makes it surprising to learn that a new report details employee benefits satisfaction has dropped to a decade low. in early 2020 to 8.3

Planning Tools 52

Planning Tools HR Software Recruiting Software HR Planning 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. Sixty-seven percent of users say DailyPay has helped them reduce financial stress. DailyPay does not warrant the completeness or accuracy of any information provided to you.

Retention and Turnover 52

Retention and Turnover Strategy Wage and Hour Training Hiring 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.

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Planning Tools Recruiting Software HR Software Hiring Software 75

Zoho People

SEPTEMBER 9, 2021

And also make sure to provide better employee benefits in the form of medical insurance, retirement plans, PTO , etc. Prioritize employee well-being over anything. Investing in your employees' well-being is important now more than ever. Understand employee needs.

Talent Experience 98

Talent Experience HR Software Compensation Planning Tools 98

Decusoft

APRIL 1, 2021

Employee benefits can account for as much as 70% of an organization’s overall costs, according to Deloitte analysis. Compensation administration has an effect on an enterprise, which includes business leaders and administrators, stakeholders , and employee engagement. We all know how quickly markets shifted in 2020.

Compensation 98

Compensation Bonuses and Incentives Strategy HR Planning 98

PlanSource

MARCH 8, 2023

We are excited to announce Salary Finance as our Partner of the Week, where we highlight one of our unique PlanSource Marketplace Partners and the value they bring to the benefits industry. We recently sat down to discuss their unique employee benefits and how they support lifestyle planning within the benefits industry.

Planning Tools 52

Planning Tools HR Software Retirement Industry 52

PeopleStrategy

APRIL 14, 2020

If you can, try to set aside time now to evaluate your current benefits packages and how your open enrollment went this past fall so you can begin thinking about changes you need to make. And a big part of this analysis is examining the role your benefits broke r played. Why evaluate how your most recent open enrollment period went?

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HR Planning Planning Tools Hiring Software HR Software 130

Extensis

APRIL 27, 2022

As people seek more quality time away from the office, and with an increasing number of employees now working remotely, the security of affordable healthcare, flexible work schedules, and retirement savings are what employees desire most. Meanwhile, certain states are now requiring employers to offer 401k plans to employees.

Planning Tools 52

Planning Tools Hiring Software Retirement Recruiting Software 52

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.

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Recruiting Software Recruitment Certification Retirement 67

Decusoft

MAY 20, 2021

We all know how quickly markets shifted in 2020. Compensation Strategy : Benefits . Your total compensation strategy will also contain a benefits package for employees. Benefits and perquisites make up a smaller and smaller percentage of overall compensation for executives today. Other retirement plans.

Analysis 96

Analysis Compensation HR Planning Bonuses and Incentives 96

PlanSource

OCTOBER 27, 2020

How an integrated and intuitive claims strategy can help boost benefits utilization. . In a recent survey, nearly 70 percent of workers considered supplemental benefits and perks at least as important as employer-based health insurance and retirement benefits.¹ Supplemental benefits can help alleviate that stress.

Planning Tools 52

Planning Tools Interview Software Employee Benefits Study 52

PlanSource

FEBRUARY 25, 2020

Employee benefits administration, in particular, is totally broken—but we’re on a mission to fix it. We mentioned employee benefits have traditionally been slow to adopt new technology. — Why The Benefit Administration Industry Is Broken. How do employee benefits compare? Ease of Use.

HR Software 52

HR Software Planning Tools HR Planning Adobe 52

Vantage Circle

SEPTEMBER 26, 2021

A phantom stock, also known as “shadow stock” or “ghost shares”, gives employees the opportunity to share in the wealth and success of the company. Companies do this by providing employees with a stake in the company's stock as well as a retirement plan to ensure they have enough money later on in life. Types of Phantom Stock.

Bonuses and Incentives 52

Bonuses and Incentives Planning Tools Retention and Turnover Compensation 52

PlanSource

DECEMBER 9, 2019

In this week's edition, we explore financial wellness strategies, how to help employees combat holiday stress, the top benefits to attract millennials and much more! 5 Employee Benefits To Attract and Retain Millennials. What are you doing to promote and accommodate flexibility in 2020? Click To Tweet.

HR Planning 59

HR Planning HR Software Planning Tools Recruiting Software 59

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

PlanSource

APRIL 15, 2019

In this week's edition, we discuss important employment law updates that you should be watching, how to use social media for recruiting, the new trend of 'adulting' benefits and more! To Prioritize Retirement Saving May Not Be Best for All Workers. Click To Tweet. Get ‘The Source’ sent directly to your inbox!

Hiring Software 40

Hiring Software Assessment Software Recruiting Software Planning Tools 40

Payactiv

MARCH 1, 2022

Employment in such roles remains below pre-2020 levels. It’s a simple yet compassionate way to show employees that you care. Offer Employee Benefits and Incentives. When evaluating potential employers, benefits and perks are among the first things that job seekers look out for.

Recruiting Software 52

Recruiting Software Hiring Software Recruitment Strategy 52

DailyPay

JULY 10, 2017

Employers who offer empathy toward employees in need of financial assistance can boost employee loyalty and overall workplace engagement. These are major life milestones, or essential costs, that impact many of your employees throughout different stages of their life at your company. Will employee loans cause favoritism?

Wage and Hour Training 40

Wage and Hour Training Retention and Turnover Payroll Planning Tools 40

Extensis

AUGUST 8, 2022

Quick look: HSAs are a hidden gem that have the potential to benefit clients and their employees, while combatting many of today’s financial and medical inequalities. On the employee front, in addition to providing permanent access to funds, HSAs offer a triple tax advantage. How do HSAs save clients and workers money?

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Retention and Turnover Guidelines Retirement Employee Benefits 94

Edcor

NOVEMBER 19, 2018

The days when employee benefits were health insurance and paid vacation are just a memory. Today businesses offer a wide range of benefits, many that have two important functions: to meet employees’ needs and to differentiate the company from others. A benefit that falls into this category is student loan assistance.

Meeting 8

Meeting Hiring Software Analytics Recruiting Software 8

Achievers

FEBRUARY 18, 2020

While we hear a lot about new technology making the customer experience more streamlined and compelling, it’s also true that the employee experience is being enhanced through new technology. Regardless of how long an employee has been with an organization, they still face challenges in understanding available benefits.

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Hiring Software Onboarding Software HR Software Planning Tools 231

Payactiv

MARCH 28, 2023

The Department of Labor’s database shows the losses in skilled employees in this sector from 2002 to 2021. 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%

Wage and Hour Training 52

Wage and Hour Training Hiring Software Staffing Software PayActiv 52

PlanSource

DECEMBER 4, 2020

2 As the latest 2020 Prudential Financial Wellness Census shows, more than half of U.S. Of those with job loss or income disruption: 17% also lost employer contributions to a retirement plan, 14% lost health insurance, and 10% lost group life insurance—ripping away critical elements of their personal safety net. FINANCIAL FLATLINE .

Planning Tools 52

Planning Tools HR Software Retirement Groups 52

PeopleStrategy

JULY 30, 2020

While it is possible that COVID-19 may be under more control by open enrollment season, one thing we learned early in 2020 is that nothing is certain. We also quickly figured out that we have to prepare for the worst-case scenario, which is what a lot of HR leaders and benefits brokers are doing.

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Compliance Training HR Planning Planning Tools HR Software 173

Hireology

JANUARY 21, 2020

question for job seekers by outlining employee benefits, training opportunities and career paths. Also highlight employee success stories and testimonials on your career site, so top talent can envision what it might be like growing their careers with your team. On your career site , answer the “What’s in it for me?”

Hiring Software 52

Hiring Software Background screening Onboarding Software Interview Software 52

PlanSource

NOVEMBER 4, 2019

Millennials and GenZers are spending so much on health care that they’re unable to pay down their debt, save for retirement or buy a house, according to a new study from Lively. Get further analysis from the United Benefit Advisors blog. Benefits for the Gig Economy. Health Care Costs Eating the Young Alive.

Hiring Software 40

Hiring Software Onboarding Software Harassment Recruiting Software 40

Payactiv

MARCH 22, 2022

It’s also important to understand the different types of employee turnover: Voluntary turnover refers to employees who left their company by choice. Their reasons for leaving might include accepting a new job elsewhere, personal commitments or challenges, or a desire to further their education, relocate, or retire. as of 2020.

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Hiring Software Wage and Hour Training Retention and Turnover Onboarding Software 52