EmployeeConnect

SEPTEMBER 12, 2022

Types of Employee Attrition. Over 47 million Americans willingly left their jobs in 2021, according to the U.S. This unprecedented mass exit of employees from the job market known as the Great Resignation is also leading to staff attrition. However, to perform the calculation, you must first gather your data.

Compliance Training 245

Compliance Training Workforce Planning Trends Benchmarking 245

HRExecutive

OCTOBER 29, 2021

In recent months, employee financial stress has risen through the ranks of HR’s priorities, given the economic impacts of the pandemic, but it’s far from a new issue. In fact, it’s long been a major challenge for many employees no matter their position or salary range, says Kristina P.

Planning Tools 113

Planning Tools HR Software Interview Software Recruiting Software 113

Extensis

DECEMBER 6, 2022

High inflation, international conflict, and the lasting effects of the pandemic are causing clients and their employees to watch their spending more than before. Bureau of Labor Statistics data reports a 7.7% In July 2022, 56% of employees felt confident about reaching their retirement goals, down from 69% in February 2022.

HR Planning 98

HR Planning Retirement Planning Tools HR Software 98

HRExecutive

DECEMBER 21, 2020

This month, HRE is helping HR leaders prepare for the year ahead with a series featuring insights from industry experts, thought leaders and others about what we can learn from 2020 and the challenges coming in 2021. HRE : What should be HR’s first priority in 2021? Pryor: There’s plenty of data. Read the series here. *.

HR Software 145

HR Software Planning Tools HR Planning Workday 145

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. Loss of potential savings for benefits enrollment. Remember, that’s cost per data entry.

Hiring Software 36

Hiring Software HR Software Onboarding Software Planning Tools 36

Business Management Daily

SEPTEMBER 16, 2022

Technically, 401(k) plans are profit-sharing plans, not retirement plans. But they morphed into retirement plans long ago, so they’re pretty important to employees. According to the results of a 2021 survey conducted by the U.S. of employees participate in defined-contributions plans such as 401(k) plans.

Retirement 52

Retirement ADP Compensation Discrimination 52

HRExecutive

OCTOBER 5, 2021

Prior to Ellucian revamping its financial wellness plan, Magness said the plan was heavily focused on retirement. Stacey Magness, director of global benefits at software company Ellucian, and Marthin De Beer Debeer, founder and CEO of Brightplan, present at the 2021 HR Technology Conference & Exposition.

Planning Tools 75

Planning Tools HR Software Recruiting Software Wellness 75

HR Management

JUNE 6, 2023

Are you an employer that is concerned about retaining your employees? In 2020-2021, businesses spent more than $92 billion on training new employees. The HR department of organizations is always on its toes to find various ways and means to retain employees. . If you’re one of them, continue reading.

Recruiting Software 52

Recruiting Software Planning Tools Retention and Turnover HR Software 52

Best Money Moves

AUGUST 23, 2023

Today, 61% of Americans live paycheck to paycheck, according to data from LendingClub , a 9.3 million person increase from 2021. Employee financial resilience has never been more important. Here’s how employers can foster resilience in their employees to help their workforce whether any storm.

Planning Tools 52

Planning Tools Retirement Survey Tools 52

Guideline

JULY 28, 2023

While offering a 401(k) may feel like a no-brainer for many businesses, for others, challenges like plan administration and compliance testing can make retirement benefits feel complicated and unmanageable. ¹ In exchange, they require companies to contribute to their employees' 401(k) accounts — usually via a match.

Guidelines 52

Guidelines HR Planning Planning Tools Recruiting Software 52

Cisive

MARCH 9, 2020

The legislation provides that such information is subject to CCPA, while deferring application of most—but not all—CCPA requirements for this information until January 2021. The Proposed Regulations. The Proposed Regulations largely track October’s legislative changes with respect to employment-related information.

Compliance 85

Compliance Data Policies Retirement 85

Zenefits

JUNE 13, 2023

Employee benefits administration. Background screening and employee drug testing. Or, they might request specific services such as data analytics to identify issues that lead to high employee turnover. CPEOs offer benefits to businesses that prefer to co-employ to meet their staffing needs.

Certification 13

Certification Payroll Staffing Compliance 13

Precheck

APRIL 6, 2020

The legislation provides that such information is subject to CCPA, while deferring application of most—but not all—CCPA requirements for this information until January 2021. The Proposed Regulations. The Proposed Regulations largely track October’s legislative changes with respect to employment-related information.

Background screening 89

Background screening Compliance Data Policies 89

Zenefits

OCTOBER 13, 2021

Health insurance, employee assistance programs, mental health services, bonuses, work-from-home opportunities, and retirement savings are just a few of the popular benefits programs. It’s far more valuable to know how your specific benefits offerings compare to those of your competitors. Spot and adapt to trends.

Benchmarking 36

Benchmarking Planning Tools Zenefits Retirement 36

Engagedly

NOVEMBER 16, 2023

As per the Employment Projections 2021-2031 by the Bureau of Labor Statistics , the Registered Nursing (RN) workforce is poised to witness a 6% expansion in the upcoming decade. million in 2021 to 3.3 million in 2021 to 3.3 How can HR recruit and retain qualified employees?

HR Software 52

HR Software Hiring Software Recruiting Software Retention and Turnover 52

Decusoft

APRIL 1, 2021

This Decusoft guide will show you how to design an effective compensation strategy for your organization to succeed in 2021. A total rewards plan is a management strategy that rewards workers for achieving particular business goals with monetary, non-monetary rewards in benefits, and developmental rewards. Other retirement plans.

Compensation 98

Compensation Bonuses and Incentives Strategy HR Planning 98

Best Money Moves

JANUARY 3, 2024

The Education Data Initiative estimates that there are more than 43 million student borrowers in the United States, with an average debt balance of $37,718 per borrower. Financial stress from employee student debt negatively impacts employee mental health. Employee student debt may delay other financial milestones.

Planning Tools 52

Planning Tools Policies Survey Compliance Training 52

PeopleStrategy

APRIL 14, 2020

You need to fully understand how the open enrollment 2020 process went – for better or worse – to work toward a better enrollment cycle for the 2021 benefit year. And a big part of this analysis is examining the role your benefits broke r played. The number of employees that changed benefit selections.

HR Planning 130

HR Planning Planning Tools Hiring Software HR Software 130

Extensis

MAY 31, 2022

With more and more people working from home at least part of the time, lifestyles have transformed – and so have the benefits that employees are seeking out and prioritizing. Working from home means employees sometimes may need to step away to run a load of laundry, wash some dishes, or attend a doctor’s appointment.

Hiring Software 56

Hiring Software Planning Tools Assessment Software Recruiting Software 56

Extensis

JULY 20, 2022

For instance, supplemental health insurance for critical illness leads the pack as the fastest-growing segment of voluntary benefits, due to new needs created by the pandemic, increasing from 16% of employees taking advantage of this option in 2021 to 27% of employees in 2022. Highlights a company’s overall value.

Recruiting Software 95

Recruiting Software Recruitment Planning Tools HR Software 95

AvilarHR

AUGUST 10, 2023

UPDATE as of July 2023: According to Trading Economics , “the number of job openings fell by 34,000 from a month earlier to 9.582 million in June 2023, reaching the lowest level since April 2021 and coming in below the market consensus of 9.61 At the same time, boomer retirement is a boon to industries that cater to seniors.

Hiring Software 87

Hiring Software Competencies Recruiting Software Compliance Training 87

Best Money Moves

APRIL 26, 2022

Here are 4 ways to keep social justice in mind while planning your benefits strategy. Diversity, equity and inclusion have become critical values to employees. Here are 5 ways companies can support employees by keeping social justice and DEI issues in mind when planning employee benefits.

Hiring Software 64

Hiring Software Planning Tools HR Software Diversity 64

Semos Cloud

SEPTEMBER 10, 2021

September 10, 2021. Without it, it is hard to imagine managing a business with more than a hundred employees. Since it is a unique system where most employee data is kept, other solutions can integrate with it to perform more than basic functions. Benefits management. All, Best Practices. By Sara Ana Cemazar.

HR Software 96

HR Software Hiring Software Onboarding Software Recruiting Software 96

Extensis

JANUARY 30, 2023

The proven value of high-quality benefits Before we discuss the rising cost of benefits and how to reduce healthcare costs for your small- and medium-sized business (SMB) clients, it’s important to review just how important these plans are to employees and an organization’s success.

How To 96

How To Retirement Compliance Report 96

Semos Cloud

SEPTEMBER 7, 2022

Broadly speaking, a total rewards compensation package is a combination of benefits, wages, and rewards that, ideally, address all (or most) employee needs. There are dozens of types of employee benefits, different compensation methods besides the salary, and various monetary and non-monetary employee rewards.

Assessment Software 52

Assessment Software Planning Tools HR Software Interview Software 52

Zenefits

DECEMBER 22, 2022

Like accounting or IT departments, the human resources department handles sensitive data and must often handle difficult situations. Examples of disciplines that require expertise include: Benefits. Employee recruiting. Consider these examples: A leak of employee W-2s. An employee discriminates against a customer.

HR Planning 36

HR Planning Policies HR Software E-Recruitment 36

Extensis

JULY 19, 2022

Is your benefits package robust and competitive? The benefits that today’s talent desire is changing. In addition to bread-and-butter benefits like health insurance and a 401(K) retirement plan, do you offer highly sought-after voluntary benefits like student loan repayment , pet insurance , and family-forming support ?

HR Planning 97

HR Planning Planning Tools HR Software Comparison 97

DailyPay

JULY 26, 2022

economy, according to a 2021 study on the manufacturing labor shortage. 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. in 2017 to 28% in 2021. Attract New Workers.

Hiring Software 52

Hiring Software Retention and Turnover Recruiting Software Planning Tools 52

HR Digest

JANUARY 11, 2021

Founded 2021. The platform also offers employee benefits options such as health insurance through Gusto’s licensed advisors, 401(k) retirement, workers’ compensation, 529 savings, HSA, life and disability, commuter benefits, and more. BambooHR – Best human resources information systems. Business Size: S M L.

HR Software 71

HR Software Onboarding Software Recruiting Software Planning Tools 71

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

HR Tech Girl

JANUARY 20, 2023

The Internal Revenue Service (IRS) provides detailed guidelines on which expenses can be claimed to reduce a business’s tax liability in Publication 535 (2021), Business Expenses. Please consult a tax professional or use an authorized IRS e-file provider to ensure that your financial reporting complies with IRS regulations.

How To 52

How To Planning Tools Software Report 52

Heyyy HR!

NOVEMBER 29, 2023

Employee engagement is directly linked to an organization’s overall success, so fostering a healthy communication channel is imperative. You will need to employ accurate reporting techniques to track relevant data, update policies and procedures, and share pertinent information with the management.

HR Planning 78

HR Planning Resources Hiring Software Compliance Training 78

Zenefits

OCTOBER 8, 2020

With uncertainty of the economy, I can make changes to my retirement. With more people looking to avoid going in-person to the doctor’s office, 44% of respondents said telemedicine is important to them as a benefit. 67% of respondents said mental health offerings are important as a benefit. Medical and dental benefits (35%).

Planning Tools 46

Planning Tools Career Development Survey Compliance Training 46

Payactiv

MARCH 1, 2022

Consider this statistic: almost 9 in 10 human resources leaders believe that 10% of their businesses’ open roles could be filled internally in 2021–22. In addition, 88% said their companies actively encourage employees to apply for openings within their organizations. Offer Employee Benefits and Incentives.

Recruiting Software 52

Recruiting Software Hiring Software Recruitment Strategy 52

Primalogik

NOVEMBER 10, 2022

What are benefits packages? Health insurance, paid time off, and retirement benefits are the most central features. Let’s explore what makes up competitive benefits packages—and how to build one. Why Benefits Packages Are Important. Key Features of Benefits Packages. What goes into great benefits packages?

Employer Branding 98

Employer Branding Assessment Software Planning Tools Hiring Software 98

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

Extensis

NOVEMBER 15, 2022

Here’s everything SMB leaders need to know about the upcoming FSA, HSA, retirement, and commuter benefits contribution limits. Big changes are coming to the employee benefits landscape in 2023. According to the latest data from the U.S. 2023 retirement contribution limits. increase between 2021 and 2022.

Retirement 94

Retirement Trends Employee Benefits Competencies 94