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Employees Want Better Benefits, Study Shows They're Willing to Leave Current Job for Better Retirement Options

Guideline

One of the top reasons small business employees leave jobs is to get access to better benefits and retirement options, according to a new study by Zenefits. Here are a few companies that help with compensation management: Anaplan Glassdoor Zenefits 2. Check out retirement plans that specifically cater to smaller firms.

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HR Headaches: Managers Using Temp Workers to Meet Staffing Need

Zenefits

Others are opting to retire earlier than planned. The temp worker is an employee of the agency, doing business at your location, not a company employee. If you can convert a temp to a permanent employee, you may be able to hire them at a lower salary than the market. Some still worry about COVID. It can be cheaper to hire temps.

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Businesses Rely More Heavily on Contingent Workers, but at What Cost?

Zenefits

Hourly wages can be on par with permanent staff (not at all companies) but the savings in taxes can be substantial. Because they are contracted to perform, and their contract can be pulled at any time, these workers often work harder to maintain their status. appeared first on Zenefits Blog. Tax benefits of contingent workers.

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Could an Early Retirement Package Incentivize Employees to Retire?

Zenefits

Annual raises and bonuses can put these staff members at the highest level of compensation, often for decades, as their organization waits for them to retire. If they don’t, it may be time to develop an Early Retirement Incentive Program. Are they retirement ready? An ERIP can be beneficial in more ways than financial.

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7 Steps You Can Take When You’re Understaffed

Zenefits

Aging employees and retiring workers are just a few of the changing demographics causing a shortage of labor in the U.S. at nearly 11 million in November 2021, and that number has been growing. at nearly 11 million in November 2021, and that number has been growing. What causes worker shortages? A record number of 4.4

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M&A Friday! This Week’s HR Deals

Advos

NFP Acquires SST Benefits – Acquisition expands NFP’s retirement capabilities for public sector employers. M&A) Cisco strengthens Spark meetings management with Worklife acquisition. Zenefits Announces Partners at Z2 Conference. Yoh Acquires Starpoint Solutions to Move into Project-Based Talent Solutions.

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Why should I start my 401(k) plan at the beginning of the year?

Guideline

Here’s the thing: Not only is the end of the year actually a good time to evaluate retirement benefits, it might be the best. To boot, offering retirement benefits has never been more affordable — making it a whole lot easier to take the leap. New tax incentives make rolling out a retirement plan even more affordable.