Zenefits

MARCH 14, 2018

Note: this research is based on a sample of Zenefits customers, and not all SMBs in these regions will experience these same cost trends. The national average for family employer contribution has not changed since our last report and remains at 38% with employers covering the remaining 62%. at companies with 51 to 100 employees.

Benchmarking 28

Benchmarking Report Zenefits Planning Tools 28

Zenefits

MARCH 22, 2018

That’s why we’re here to offer our SMB benchmark report– this is fresh Zenefits data, pulled from over 4,000 customers (small businesses with under 100 employees) on what health insurance packages they’re currently offering. The highest rate of HDHPs and HSAs are found in the central states at 10%.

Benchmarking 28

Benchmarking Report Zenefits Planning Tools 28

Zenefits

JUNE 23, 2022

To determine their average number of sick days, we examined the most recent data from the Bureau of Labor Statistics (BLS). This data dispels the myth that workers routinely abuse or over-utilize paid sick time,” says the National Partnership for Women & Families. According to the BLS , in March 2021, 79% of U.S. a PTO bank).

Onboarding Software 74

Onboarding Software Staffing Software Survey Payroll 74

Zenefits

FEBRUARY 21, 2019

At some point, every hiring manager has to ask themselves one important question. One of the best places to start is with salary benchmarking. What Are Salary Benchmarking and Compensation Management? People who work in compensation management utilize a pool of data. Why Bring Data Analytics Into Your Payroll Process?

Hiring Software 34

Hiring Software HR Software Payroll Analytics 34

Zenefits

MARCH 14, 2017

If you’re paying for at least 73% of an employee’s premium, you’re on par with small businesses across the country, according to n ew data from the 2017 Zenefits Small Business Benchmark Report. appeared first on Zenefits Blog. Are you contributing enough to employee health plans?

Zenefits 39

Zenefits Benchmarking Report Survey 39

Zenefits

JUNE 29, 2021

Benchmark benefits. To obtain granular information based on your industry and location, you’ll need a customized benchmarking report. Customized benefits benchmarking can deliver insight into employer trends for: Healthcare and welfare plans. Take a microscopic look at all the benefits you provide.

Employee Benefits 68

Employee Benefits Planning Tools Hiring Software Onboarding Software 68

Zenefits

JANUARY 23, 2019

In “The City by the Bay,” a small business account manager makes $65,000 per year compared to an account manager in Peoria, Illinois with the same level of experience who makes $52,500 (this is accurate salary data, taken from the Zenefits compensation management tool ). What Can Employers Learn from Salary Benchmarks?

Hiring Software 53

Hiring Software Zenefits Benchmarking Compensation 53

Zenefits

JANUARY 14, 2022

Let’s take an up-close look at each of these HR automation tools. As stated in a Zenefits report , “Managers waste 140 hours a year manually creating schedules for their employees.”. In addition: Employees say they waste 50% of their time at work when their schedules are inconsistent. Payroll data insecurity. Scheduling.

HR Software 41

HR Software Hiring Software Planning Tools Onboarding Software 41

Zenefits

FEBRUARY 7, 2023

Due to the complexity of factors associated with employee compensation , it’s vital to know how to use market data to develop appropriate pay structures and identify pay inequities. Factors included in this analysis are: Regional salary data. National salary data. Looking at performance reviews to align with salary increases.

Compensation 36

Compensation Analysis HR Planning Planning Tools 36

Zenefits

DECEMBER 22, 2021

Where to find compensation data. At Workest, we offer a step-by-step guide to help you with this, which includes ranking company goals based on priority. Look at competitors, market data, and benchmarks. Several tools offer real-world salaries, including Zenefits , LinkedIn, and Glassdoor. web developers).

Bonuses and Incentives 36

Bonuses and Incentives Hiring Software Planning Tools How To 36

Zenefits

OCTOBER 20, 2021

In addition: Benchmark data for companies of similar size and in similar locations. Changes to rates and plans will occur at this time. Select and enroll in your medical, dental, and vision plans (can be done via mobile if using Zenefits). Have you experienced any major change in your workforce? Day 0: Coverage begins.

HR Planning 78

HR Planning Planning Tools Zenefits HR Software 78

Zenefits

DECEMBER 29, 2021

Start at the finish line and think about how you plan to get there. With each gap, compare data from compensation benchmarking tools to determine how much you’ll have to spend to attract needed talent. You’ll also want to be sure you have adequate data on the labor market and the salary levels for your area.

Payscale 36

Payscale Strategy Hiring Software Bonuses and Incentives 36

Zenefits

APRIL 10, 2018

According to 2017 legislation, this April marks the deadline for all UK companies with over 250 employees to release their wage data to the public. In light of National Equal Pay Day, Zenefits examined data from over 1,000 employees and owners of Small and Mid-Sized Businesses (SMBs), defined as having 11-500 employees.

Hiring Software 31

Hiring Software Zenefits HR Software Compensation 31

Zenefits

MAY 9, 2019

Today we take a quick peek at six pieces of legislation to promote US small business growth, three challenges facing female entrepreneurs and why you should go to Orlando if your business needs a new backhoe. The Quote: “ Heavy-equipment bidders are a boots-and-jeans crowd, mostly men who on ordinary days arrive at their work sites by 4 a.m.

Company 28

Company Benchmarking Zenefits Planning Tools 28

Homebase

DECEMBER 12, 2022

So, it’s a good idea to make that your benchmark and avoid exceeding 20%. Look at everything from your number of shifts to your busiest hours to get an accurate idea of how much support you really need. Ask employees to use time cards when they arrive at work and leave at the end of the day to record shifts in real-time.

Hiring Software 52

Hiring Software Onboarding Software HR Software Planning Tools 52

Zenefits

JUNE 13, 2022

When it comes to benefits, healthcare is at frequently the top of the list. Let’s take a look at some of the emerging trends and what you need to know about providing competitive healthcare benefits in 2022. At the same time, there are also now new federal transparency rules in place. Expect higher costs. Back to Vote.

Planning Tools 36

Planning Tools Onboarding Software Payroll Benchmarking 36

Zenefits

FEBRUARY 7, 2019

But data suggest this story isn’t true. years , up from a 20-year low in 1987 at 3.4 Not to mention, if you scope-creep a contract worker, and he or she starts doing more “employee” type tasks, you could be at risk of IRS penalties that crackdown on employers hiring independent contractors where W-2 employee standards make more sense.

Hiring Software 40

Hiring Software Hiring Benchmarking Zenefits 40

Zenefits

FEBRUARY 23, 2022

One of the biggest issues companies face is disengaged workers, with only 40% of workers feeling actively engaged at work. If you’re not sure where to start in understanding your people’s level of engagement, this is a great way to begin benchmarking. Find areas that require intervention and improvement. Communicate.

Employee Engagement 41

Employee Engagement Survey HR Software Onboarding Software 41

Zenefits

JANUARY 24, 2019

In a recent post, we listed America’s 20 highest paying cities , and then thought it would be interesting to look at the opposite side of the spectrum too: US cities with the lowest average salaries. Paying attention to local salary data is important for both workers and employers. Want to Get More Granular Compensation Data?

Hiring Software 31

Hiring Software Zenefits Benchmarking Compensation 31

Zenefits

MARCH 25, 2019

It’s often tempting to deal with what seem to be more pressing and immediate issues than dealing with more abstract situations, like building out disability programs at your company—but ignoring these programs can lead to hefty fines and angry employees. Here are the three main things to remember: Get data-driven. Institute programs.

Zenefits 28

Zenefits Compliance Benchmarking HR Software 28

Zenefits

FEBRUARY 24, 2022

With more and more workers putting a priority on work-life balance over salary, it’s time to take a look at offering personalized benefits. Google is just one example of a company that has adopted a dog-friendly work environment with a dog park, called the Doogleplex, located at its Mountain View Campus. Health and wellness perks.

Employee Benefits 36

Employee Benefits Bonuses and Incentives Wage and Hour Training Planning Tools 36

Zenefits

OCTOBER 11, 2022

Andrea Derler, Visier’s Principal of Research and Customer Value, says a few simple metrics can make sense of 3 of the biggest trends playing out in the workforce today: talent attraction and retention; diversity, equity, and inclusion; and leader’s data mindset. Leader’s data mindset. Talent attraction and retention.

Metrics 36

Metrics Trends Visier Diversity 36

Zenefits

FEBRUARY 9, 2021

People Operations leaders and teams look at the HR function from a talent-first perspective. It’s making sure they have all the tools they need to be successful, to assure they grow and develop, and to leverage the best available tech for strategic data analysis. Strategize with data. People Operations on the rise.

HR Software 71

HR Software Hiring Software HR Planning Onboarding Software 71

TLNT: The Business of HR

APRIL 29, 2015

FREE WEBINAR: Wednesday, May 27, 2015 at 2 pm Eastern/11 am Pacific. Who are the benchmark firms that are already leading the way? How historical metrics will be replaced with a forward-looking data-driven HR model that “influences” managers with data and predictive analytics. Sponsored by : Zenefits.

Planning Tools 40

Planning Tools HR Software Zenefits Benchmarking 40

Zenefits

JANUARY 13, 2022

Most of the other workers who don’t feel engaged won’t ever disclose this information to their employers—at least not directly. They can be done in person at work or through a cloud-based portal. Since the data collected from these surveys is crucial to the company they should be stored on a secure cloud-based server.

Employee Engagement 69

Employee Engagement Survey HR Software Hiring Software 69

Zenefits

JANUARY 16, 2019

Whether you’re a business owner looking to hire or a worker hunting for a job, one word is at the top of your mind: salary. Let’s take a look at some best practices for compensation comparison and determining compensation for employees. To do this, use software with reliable and statistically significant data. Set a Pay Range.

Comparison 34

Comparison Compensation Hiring Software Zenefits 34

Zenefits

JANUARY 2, 2023

At the same time, it’s an opportunity to create new goals and plans for 2023. It’s much harder for culture to grow organically (in a good direction, at least) as more and more people enter the mix. People ops is all about data and automation. You can change and pivot at any time, and you should.

HR Planning 69

HR Planning Planning Tools HR Software Time and Attendance 69

Zenefits

MAY 6, 2019

When a company recruits and hires a candidate whose asking salary is lower than they’re prepared to pay, it makes sense to make an offer at that rate. Perhaps the candidate’s seniority at the company boosted their wage level. In addition to qualifications and location, what market conditions impact your company at the time of hire?

Hiring Software 37

Hiring Software Background screening Hiring Recruiting Software 37

Zenefits

MAY 29, 2022

With inflation soaring at 8.5% , most businesses plan payroll increases of 4 percent or more. We’ll look at additional ways to determine salary increases, the pros and cons of raises, and how to remunerate raises with inflation. However, inflation can eat away at wage gains especially when inflation is as high as it is now.

Onboarding Software 41

Onboarding Software Compensation HR Software Planning Tools 41

Zenefits

SEPTEMBER 8, 2021

The employee experience is what your workforce encounters over the course of their employment at your company; it’s how they feel and think during each touchpoint of their journey as your employee. Handle employee data. Here’s how to understand what employee experience is, why it’s important, and how people operations elevates it.

Talent Experience 41

Talent Experience HR Planning Hiring Software Retention and Turnover 41

Zenefits

JULY 28, 2021

If you bring on a CCP to your business, initially they may spend a lot of time benchmarking. Strategizing how to tie pay to performance is another area of expertise: CCPs look at a range of reward programs, from the most basic annual reviews, to bonuses, commissions, and other employee incentives. What does a CCP do? Standardization.

Compensation 41

Compensation HR Planning Bonuses and Incentives Hiring Software 41

Zenefits

JUNE 14, 2021

At worst, it will cease to run, and force you to close your doors. But as noted in the aforementioned SHRM article, “ those data points generally lag the actual onset of a downturn.” This strategy is often based on data gleaned from competitive benchmarking, wage projections, or other forecasting and predictive analysis.

HR Planning 61

HR Planning How To HR Function Analysis 61

Zenefits

MAY 15, 2018

Understanding and benchmarking engagement gives you the ability to improve performance, and that starts with asking the best questions in an employee engagement survey. While these are high-level queries, they’ll ensure you have a benchmark for how the team feels about the company’s direction and general satisfaction.

Employee Engagement 41

Employee Engagement Survey How To Hiring Software 41

Zenefits

AUGUST 3, 2022

While having games in the office appears, at first glance, to promote a fun and creative company culture, nobody wants to spend more time in the office. Frequent breaks due to animal misbehavior can disrupt more than the owner, but you are also putting employees with serious allergies at risk. Your employees will tell you.

Employee Benefits 36

Employee Benefits Retention and Turnover Retirement Benchmarking 36

Zenefits

FEBRUARY 23, 2021

Let’s look at how outdated systems can impair some of the most critical aspects of benefits administration. The HR team must then take time out of their busy schedules to respond to these inquiries — which employees could have resolved on their own if they had self-service tools at their disposal. Remember, that’s cost per data entry.

Hiring Software 36

Hiring Software HR Software Onboarding Software Planning Tools 36

Zenefits

DECEMBER 30, 2019

The “ California Consumer Privacy Act ” (CCPA) gives California consumers “groundbreaking new rights” over the use of their personal information, and holds employers to new and significant obligations regarding the handling of consumer personal data. The CCPA was passed in 2018 and was created to protect the privacy and data of consumers.

Assessment Software 41

Assessment Software Compliance Data Benchmarking 41

Zenefits

JUNE 17, 2019

At some point, if your business is more than one person, you’re likely to deal with employee turnover. According to a Gallup’s 2015 Workforce Panel study, 51% of employees are actively looking for a new job at any given time. Bureau of Labor Statistics (BLS) also calculates employee turnover at a national level.

Hiring Software 34

Hiring Software Onboarding Software Onboarding Zenefits 34