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Top HR Challenges Found in HR Dive’s 2022 Identity of HR Report

Extensis

According to the data, HR service vendor use increased in nearly every category: Payroll services jumped 15% year-over-year (from 53% of respondents using the services in 2021 to 61% this year). Interestingly, small businesses with HR departments with a headcount between one and five employees were more likely to use payroll vendors.

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Paycheck Protection Program: How to Ensure Your Business is Eligible for Loan Forgiveness

Netchex HR Blog

June 3, 2020. Part of the CARES Act passed in March (and then replenished a month later ), the Paycheck Protection Program (PPP) is a loan program for small businesses designed to provide a direct incentive for keeping their workers on the payroll. How are “payroll costs” defined under the PPP?

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Is an HSA the New 401(k) When It Comes to Retirement ROI?

Extensis

Costly medical expenses and confusion about benefits language are leaving employees feeling discouraged about their healthcare and retirement options. Employers save 7.65% on federal payroll taxes on employees who contribute pre-tax payroll deductions to their HSAs. Why the rise in HSAs?

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Gathering Leave and attendance data | Data requirements to run payroll in India

Keka HR Blog

The entire payroll process is an avalanche loaded with tasks. HR and payroll walk together in any organization. HR, being the only centralized department connected to all other departments, payroll becomes a significant responsibility. Related Blog: Payroll processing in India- A complete step by step guideline.

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SHRM 2022 Employee Benefits Survey: Evaluating the Trends

Extensis

The survey covers employee health benefits, retirement and savings, paid leave, and flexible work schedules as the top categories employers and their employees value most. Retirement and savings. Along with healthcare and retirement employee benefits, paid leave remains a top-ranking offering among most employers.

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Behind the data: a look at 401(k) investor activity in a bear market

Guideline

Asking what they’re doing with their retirement portfolios. At Guideline, we were wondering what people were doing with their retirement investments, too. We analyzed a sample of 100,000 Guideline 401(k) accounts from March to date 2020. Between March 1 and March 23, 2020, ~30% of the participants logged into their accounts.

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Health Care Turnover Rates [2021 Update]

DailyPay

decrease in health care employment from February through May 2020 (mostly in ambulatory health care settings) offices, this is far less than the drop in employment in other sectors. Market analysts say that health care’s turnover is second worst , only to hospitality. And while COVID accounted for a 9.5% Sign Up for a Free Demo.