Extensis

NOVEMBER 2, 2023

As the workforce enters a new era where voluntary resignations are on the decline, it’s an ideal time to evaluate what’s contributing most to employee satisfaction and maximize as many opportunities as possible. Earlier this year, MetLife released a study showing how much benefit satisfaction had dropped between 2020 and 2023.

Employee Benefits 86

Employee Benefits Study Planning Tools HR Software 86

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

Analytics in HR

NOVEMBER 10, 2021

A well-designed employee benefits strategy will help your organization navigate through an ever-changing candidate market. Learn how to develop a customized employee benefits strategy in this article. Contents What are employee benefits? Why does your organization need a strong employee benefits strategy?

Employee Benefits 89

Employee Benefits Strategy Hiring Software Wage and Hour Training 89

HR Brew

FEBRUARY 9, 2024

23 new employee benefits , including a student debt relief program. Over 73% of Chipotle’s 110,000 US restaurant employees are Gen Z, the fast-casual chain noted in a press release. We want to provide comprehensive compensation packages that address the needs of our current and future workforce.”

Recruitment 221

Recruitment Retirement CHRO Compensation 221

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

PeopleStrategy

DECEMBER 12, 2019

Right now, for example, you may be wrapping up open enrollment , ensuing all employees have enrolled in – or waived – coverage. At the same time, you are probably trying to review employee data and payroll records in preparation for year-end reporting, tax filing and setting up the first payroll of 2020.

HR Planning 243

HR Planning HR Software Staffing Software Hiring Software 243

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

Best Money Moves

JANUARY 29, 2020

Top 5 reasons why employees leave their jobs in 2020. It has a lot more to do with professional development than it does compensation. Opportunities for professional development are vital to job satisfaction and employee retention. Without them, employees will look elsewhere, according to research by CareerAddict.

Harassment 79

Harassment Compensation Survey Discrimination 79

Intoo USA

JANUARY 3, 2020

Designing—and upholding—compensation plans. It’s important to strive for compensation plans that are both fair and competitive. Employees are apt to make a change in the company they work for, if they know they are being underpaid or overlooked. Creating comprehensive benefits packages.

HR Planning 130

HR Planning HR Software Hiring Software Harassment 130

Intoo USA

JANUARY 3, 2020

Designing—and upholding—compensation plans. It’s important to strive for compensation plans that are both fair and competitive. Employees are apt to make a change in the company they work for, if they know they are being underpaid or overlooked. Creating comprehensive benefits packages.

HR Planning 130

HR Planning HR Software Hiring Software Harassment 130

Vantage Circle

OCTOBER 1, 2021

Still, nobody could have anticipated what would happen in 2020. Everyone had to deal with various disruptions, which required businesses to rethink their employee benefits and compensation program. It is important for employers to understand that employee benefits do not always hold monetary value.

Employee Benefits 52

Employee Benefits Planning Tools Policies Compliance Training 52

Zenefits

JUNE 29, 2021

In a 2021 Kaiser Family Foundation survey , “nearly 90% of large employers surveyed believe the cost of providing health benefits to employees will become unsustainable in the next five-to-10 years.” Benchmark benefits. This will give you a solid grasp of what other employers are paying for employee benefits.

Employee Benefits 68

Employee Benefits Planning Tools Hiring Software Onboarding Software 68

Zenefits

JANUARY 5, 2022

Based on everything we’ve seen, here are 10 of the most popular employee benefits for 2022. Unsurprisingly, many companies are supporting the physical health of their employees. However, this benefit has been looking a little different since COVID. 44% of employers are investing in mental health benefits.

Employee Benefits 69

Employee Benefits Survey Employee Recognition Employee Engagement 69

SwipeClock

OCTOBER 27, 2020

Does your HR toolkit contain employee benefits enrollment software? If not, you aren’t getting the benefits of your benefits. You choose benefits packages carefully because you want to attract high performers. After compensation, benefits are the second most important consideration for job seekers.

Hiring Software 52

Hiring Software Onboarding Software Planning Tools HR Software 52

Astron Solutions

DECEMBER 7, 2021

.” They’re talking about your organization’s CEO, and you can see that there’s some clear dissatisfaction among the employees at your organization when it comes to how they’re compensated versus how much your executives get paid. What is Executive Compensation? Let’s get started.

Compensation 52

Compensation Bonuses and Incentives Employer Branding Hiring Software 52

Synergita

DECEMBER 12, 2019

2020 is right around the corner. However, in order to keep the profitability of business high, employers have realized that employee engagement is vital to their organization. Employees need to feel satisfied with their jobs to produce better results. Let us look at 5 workplace trends that could do wonders in 2020.

Trends 64

Trends Performance Management Certification Training 64

Best Money Moves

AUGUST 7, 2019

Choosing the most important benefits to employees in 2020. Increase employee benefits participation and engagement with our three-step strategy. How to Choose the Most Important Benefits to Employees in 2020. Step #1 Audit Your Current Employee Benefits .

HR Software 58

HR Software HR Planning Hiring Software Employee Benefits 58

Thrive Global

JANUARY 9, 2020

Here’s a list of possible predictions for the future workplace in 2020 from Engagedly’s panel of experts. According to a survey by SHRM, Gen Z will account for upto 36% of global workforce by 2020. In the past decade, many employees experienced burnout, job dissatisfaction and different mental health issues. population.

HR Software 65

HR Software Trends Recruiting Software Software 65

Trusaic

JANUARY 4, 2022

NACE’s First Destinations Survey for the Class of 2020 shows a stark difference between men’s and women’s starting salaries right out of college, debunking the myth that women earn less because of their decision to leave the workforce to care for their families, a theory known as the Motherhood Penalty.

ATS 130

ATS HR Software Compensation Discrimination 130

Bob

FEBRUARY 16, 2022

So, if you’d like to take another step forward, here’s what you can learn: How to improve employee engagement and increase mobility What it takes to create a company culture that goes beyond diversity Why money isn’t enough and how to form better benefits and compensation packages. To learn more, watch the entire webinar here.

Retention and Turnover 148

Retention and Turnover JazzHR Compensation Recruiting Software 148

Empuls

SEPTEMBER 29, 2023

According to the 2020 Deloitte Global Contact Center Survey , the global contact center turnover rate reached a staggering 32% in 2019. This means that, on average, one in every three employees left their call center jobs within a year. The disparity between effort and compensation can lead to dissatisfaction.

Hiring Software 40

Hiring Software HR Software Recruiting Software Staffing Software 40

HRExecutive

JUNE 6, 2023

Riddle got his start in hospitality in 2013 when he joined Evolution Hospitality as a corporate manager of HR, with a focus on compensation and benefits. In this role, he oversees the HR technology and operations needs of the 1,100 U.S.

Staffing Software 103

Staffing Software HR Software Hiring Software Recruiting Software 103

Best Money Moves

AUGUST 20, 2019

Forty-six percent of employers are increasing communication with employees through town hall meetings and employee engagement surveys in an effort to retain more employees. Just over 40 percent of employers are improving employee recognition programs and providing professional development to improve employee retention. .

Retention and Turnover 51

Retention and Turnover Staffing Software Staffing Employee Recognition 51

Zenefits

NOVEMBER 28, 2020

Winning the quest for top talent requires a strategy that appeals to the needs and wants of job seekers and employees. Overall compensation packages must include salaries and benefits that attract and retain the best workers your company can afford. PTO is the 2nd most sought after benefit our survey respondents chose.

Employee Benefits 74

Employee Benefits Compliance Training Zenefits Retirement 74

ACA Times

APRIL 3, 2020

5 minute read: On April 2, 2020, the Treasury issued Interim Final Rule on the Paycheck Protection Program (“PPP”). Eligible borrowers must have been in operation on February 15, 2020 and either had paid employees or independent contractors. The interest rate on the PPP loan is 100 basis points or 1%.

Payroll 100

Payroll Compensation Guidelines Certification 100

Trusaic

JANUARY 18, 2024

Employee benefits disclosure: Prior to their initial interview, employers must advise job candidates of the appropriate “schedule of benefits, including bonuses, healthcare and other wellness benefits, stocks, bonds, options, equity, and nonmonetary remunerations.” That’s double the number in August 2020.

Wage and Hour Training 130

Wage and Hour Training Hiring Software Interview Software Recruiting Software 130

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

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

UKG

JUNE 4, 2021

For much of 2020, many finance teams were forced to shift their focus from maximizing profitability to simply staying operational. Some noteworthy budget forecasting KPIs might include: Annual cost of employee benefits. Projected employee turnover rate. Cost of learning management and employee training programs.

Metrics 52

Metrics Hiring Software Staffing Software Onboarding Software 52

Zenefits

FEBRUARY 23, 2021

Technology is making remarkable strides across the employee benefits landscape. A 2019-2020 survey found that the vast majority of organizations are utilizing a benefits application in some shape or form. Compensation , such as salary or hourly rate. Mandatory and voluntary benefits. Time and attendance.

Hiring Software 36

Hiring Software HR Software Onboarding Software Planning Tools 36

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 104

Hiring Software HR Software Planning Tools Recruiting Software 104

Zenefits

JANUARY 23, 2020

Do you expect your employees to give 2-weeks notice when they decide to leave? You’ll also want to outline compensation policies that cover when employees will get paid and how (i.e., whether or not methods like direct deposit are available and how an employee can get signed up). Employee benefits.

Handbook 60

Handbook Hiring Software Policies Compensation 60

Intoo USA

MARCH 15, 2023

Until recently, employers were in a position to give laid-off employees a choice: severance or the freedom to talk about your experience. These offerings might include additional compensation, such as a bonus or extended health benefits, as well as providing more support during the transition period.

Outplacement 149

Outplacement Employer Branding Wage and Hour Training Planning Tools 149

Vantage Circle

DECEMBER 31, 2019

Employee fringe benefits are the tangible or intangible perks that institutions provide their workforce in addition to their salaries. Companies also provide these benefits to compensate for any work-related expenses that may be borne by the employees. Employee Health Insurance Benefits.

Employee Benefits 52

Employee Benefits Retirement Employee Engagement Compensation 52

Zenefits

JANUARY 8, 2020

How much can employees contribute each year? For the plan year 2020, employee contributions are set at a maximum of $19,500 per year. The chart below outlines the IRS retirement contribution plan limits changes from 2019 to 2020. How much do employees typically add to their 401k?

Retirement 41

Retirement Payroll Compliance Compensation 41