PlanSource

AUGUST 19, 2021

The Employee Benefits Reporting Metrics, Trends and KPIs You Really Need To Know. In the era of big data, we are used to a constant influx of numbers and stats. However, figuring out what all of that data means can feel overwhelming. Trends, Insights and Benchmarks You Really Need To Know. ? InsightsIQ.

Benchmarking 52

Benchmarking HR Software Planning Tools Trends 52

PlanSource

APRIL 1, 2021

2021 Benefits Benchmark Report – Top 3 Big Hits . If you want all the data we’ve compiled, we salute you. Our platform data shows us that the offering a solid benefits package cost employers an average of $8,094 per employee, reflecting a relentless increase in cost that shows no signs of stopping.

Benchmarking 52

Benchmarking Hiring Software Planning Tools HR Software 52

PlanSource

MARCH 16, 2022

6 Must-Know Stats from Our 2022 Benefits Benchmark Report. We’ve scoured over 200 million benefit elections in our system and analyzed real user behavior and data to bring you our 4th annual Benefits Benchmark Report. How is the Great Resignation affecting the benefits landscape? March 16, 2022.

Benchmarking 52

Benchmarking Report Planning Tools HR Software 52

Zenefits

OCTOBER 13, 2021

It’s far more valuable to know how your specific benefits offerings compare to those of your competitors. Employee benefits benchmarking data can provide insights into your plan performance, employee benefits data and participation, and other key measurements. Spot and adapt to trends.

Benchmarking 36

Benchmarking Planning Tools Zenefits Retirement 36

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

PlanSource

MARCH 23, 2023

Return to Resources How to Achieve Total Wellbeing Through Employee Benefits PlanSource’s Partner Marketplace Delivers Unique Benefit Strategies Read Time: 5 minutes As organizations face a rapidly changing workforce, voluntary and lifestyle benefits have become a way to address ongoing challenges and workplace transformations.

Employee Benefits 52

Employee Benefits Planning Tools Assessment Software Interview Software 52

Analytics in HR

JANUARY 19, 2021

A thorough compensation analysis provides the data and insights for critical decisions as it relates to salaries and total benefits for employees. A compensation analysis uses internal and external data to determine whether an employer rewards employees fairly or not for the work they are doing.

Analysis 63

Analysis Compensation HR Software Hiring Software 63

Tango Health

JANUARY 3, 2022

These costs amount to 31 percent of total employee compensation for workers in private industry and state and local government. But how many team members are using these benefits? Often employee benefits usage is a mystery to employers, but it shouldn’t be. Best practices for measuring employee benefits engagement.

Employee Benefits 70

Employee Benefits Planning Tools HR Software Onboarding Software 70

Zenefits

APRIL 13, 2017

The March 2017 Zenefits Small Business Benefits Benchmark Report is now available. Representing data from more than 8,000 Zenefits customers, the report examines how plan types, contributions, premiums, deductibles, copays and out-of-pocket costs differ across regions. Contact a Zenefits Benefits Advisor.

Benchmarking 42

Benchmarking Planning Tools Employee Benefits Zenefits 42

UKG

JUNE 4, 2021

CFOs are seeking out data on absences for sickness or injury, varying rates of absence across multiple worksites, average lengths of time off, and other wellness-related data that was previously thought of as more the domain of human resources. Data analysis. Some noteworthy data analysis KPIs might include: Overtime hours.

Metrics 52

Metrics Hiring Software Staffing Software Onboarding Software 52

Zenefits

AUGUST 3, 2022

The fact is, some benefits contribute to a healthy company culture and employee work-life balance. And then some benefits are really half-baked perks. Here are some of the least effective benefits and perks on the market today. What are the 7 worst employee benefits and perks? Your employees will tell you.

Employee Benefits 36

Employee Benefits Retention and Turnover Retirement Benchmarking 36

PlanSource

MAY 9, 2019

We’re excited to share the first annual PlanSource Benefits Benchmark Report. In this report, we showcase this year’s top trends for employee benefits enrollment, benefit types offered, contribution amounts and more. Most HR professionals assume that employees are waiting until the last minute to enroll.

Benchmarking 40

Benchmarking Planning Tools HR Software Report 40

Zenefits

MARCH 11, 2021

You know the consequences of outdated employee benefits systems , and are ready to invest in modern technology. But with so many benefits administration technology vendors out there, how do you choose the right one? Assess your benefits technology needs. Evaluate your future benefits administration needs.

Assessment Software 69

Assessment Software Onboarding Software Planning Tools HR Software 69

Genesis HR Solutions

JUNE 27, 2022

For example, a small business of 20 employees likely doesn’t need to have a full-time HR person, because, frankly, that person won’t have a full-time job ( but to be clear, the need for an HR function exists at all company sizes ). Custom employee onboarding experiences. Salary benchmarking. Benefits plan administration.

HR Planning 52

HR Planning HR Software Hiring Software Onboarding Software 52

PlanSource

APRIL 9, 2019

Employee benefits are complicated, to say the least. With more options than ever before, an overwhelming amount of information and confusing HR lingo, it’s no surprise that 50% of employees don’t understand their benefits. Many employees are either scared away by the actual plan name (and can you blame them?

Employee Benefits 66

Employee Benefits Planning Tools Retirement HR Software 66

Zenefits

JUNE 23, 2022

Civilian workers include all private-sector employees and individuals employed by state and local governments. To determine their average number of sick days, we examined the most recent data from the Bureau of Labor Statistics (BLS). According to SHRM’s 2022 Employee Benefits Survey : 96% of employers offered paid sick leave.

Onboarding Software 74

Onboarding Software Staffing Software Survey Payroll 74

PlanSource

JUNE 6, 2019

We’re excited to share the first annual PlanSource Benefits Benchmark Report. In this report, we showcase this year’s top trends for employee benefits enrollment, benefit types offered, contribution amounts and more. Benefits Enrollment By Period. The early bird gets the worm—er— benefits.

Benchmarking 40

Benchmarking Planning Tools HR Software Trends 40

Advos

MAY 21, 2018

Wages have been rising since 2012, and recently surpassed the benchmark set in 2000. Deep Learning: An artificial intelligence function that imitates the workings of the human brain in processing data and creating patterns for use in decision making. Learn more at the G lossary of HR and Employee Benefit Terms.

Staffing Software 51

Staffing Software HR Planning HR Software Planning Tools 51

PlanSource

NOVEMBER 15, 2022

New data highlights key driver of workforce engagement & wellbeing. You don’t have to look far beyond your news feed or workforce trend reports to be confronted with disheartening stats on how employees feel these days. When you have an employee-centric approach to culture and wellbeing, transformative things can happen.

Data 52

Data Survey Time and Attendance Tools 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. 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

Zenefits

MARCH 14, 2017

Do you ever wonder how your employee benefits package compares to other businesses in your area? The 2017 Zenefits Small Business Benefits Benchmark Report was released today, offering a snapshot of plan types, contributions, premiums, deductibles, copays, and out-of-pocket costs across different regions. The Highlights.

Zenefits 54

Zenefits Benchmarking Report Talent Acquisition 54

Zenefits

FEBRUARY 24, 2022

According to a Glassdoor survey, 57% of job candidates claim that perks and benefits are some of their top considerations when weighing a job offer. Spend a bit of time and money building an employee benefits package that makes your employees happy and naturally more productive. MetLife’s U.S. Username or Email Address.

Employee Benefits 36

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

HRExecutive

JUNE 22, 2023

Advertisement - That’s according to a panel of HR leaders who spoke last week in a session titled “Total Rewards and the Dawn of the CHFO: How to Use Hard Data to Harness the ROI of Workplace Equity” at the WorldatWork Total Rewards conference in San Diego. “HR

CHRO 89

CHRO Metrics Benchmarking Data 89

HRExecutive

OCTOBER 31, 2023

Thanks to record-high inflation last year, rising interest rates, flat wage growth and other economic factors, employers now say their top concern about employee financial wellness is the high cost of living, according to a recent survey by the Employee Benefit Research Institute. rate in June 2022, increased to 3.7%

Wellness 117

Wellness Retirement Coaching Survey 117

Extensis

JANUARY 4, 2024

As to-do lists lengthen, applications backed by artificial intelligence (AI) allow clients to access actionable data to help them more effectively and equitably manage their workforces. For example, when used in tandem with human recruiting professionals , AI can analyze large data sets to identify top job candidates and reduce hiring bias.

HR Trends 102

HR Trends HR Planning HR Software Trends 102

EmployeeConnect

SEPTEMBER 12, 2022

However, to perform the calculation, you must first gather your data. Additionally, you can utilize it to view your diversity data. How to Control Employee Attrition in the Workplace. This will assist you in keeping both managers and employees intact. Encourage Employee Feedback. Offer Benefits to Employees.

Compliance Training 245

Compliance Training Workforce Planning Trends Benchmarking 245

Precheck

OCTOBER 24, 2017

Kristin Baird, President and CEO of Baird Group , a healthcare consulting firm, says conducting employee engagement surveys is a best practice when it comes to retention. Use these surveys to learn where the opportunities are, and use the data to drive your engagement strategy, Baird says.

Retention and Turnover 69

Retention and Turnover HR Planning Bonuses and Incentives Staffing Software 69

PlanSource

SEPTEMBER 26, 2019

A quick internet search will yield plenty of results for searchers seeking up-to-date facts and statistics about the current state of employee benefits. We’ve cut through the noise with 10 thought-provoking employee benefits stats to consider for your 2020 planning. Happy wife, happy life; happy employees, happy HR team?

Employee Benefits 40

Employee Benefits Retention and Turnover Planning Tools Video Recruiting 40

Extensis

JANUARY 9, 2024

It provides assurance to clients, partners, and stakeholders that ExtensisHR has established and maintained effective internal controls over financial reporting and data security. We have implemented robust controls to protect against unauthorized access, data breaches, and other security threats.

Certification 59

Certification Assessment Software HR Software Recruiting Software 59

UKG

JULY 16, 2023

Where to find it: Suite Experience Release Notes Who will use it: Managers and Admins Time Summary Benchmark Coming to our People Insights module – the Time Summary Benchmark – is an exciting new feature that allows your managers to look at the amount of overtime their employees are working and validate it against industry data.

UKG 75

UKG HR Software Planning Tools Benchmarking 75

Paycor

MAY 24, 2018

A decade ago, standard employee benefits like medical, dental and vision insurance were somewhat of an afterthought; something employees expected as part of their job. The reality is, benefits packages won’t become an attraction and retention tool if companies are stuck relying on a manual process. Fast forward to 2018.

Employee Benefits 45

Employee Benefits Paycor Planning Tools HR Software 45

Extensis

JANUARY 9, 2024

It provides assurance to clients, partners, and stakeholders that ExtensisHR has established and maintained effective internal controls over financial reporting and data security. We have implemented robust controls to protect against unauthorized access, data breaches, and other security threats.

Certification 52

Certification Assessment Software HR Software Recruiting Software 52

Extensis

JULY 20, 2023

Most companies’ average growth rate is benchmarked between 15% and 45% year-over-year ; small businesses aim to grow 10%-25% on average within the same timeframe. To reach those growth benchmarks, businesses must ensure their strategies and partnerships are flexible enough to meet evolving demands.

Assessment Software 75

Assessment Software HR Software Recruiting Software Planning Tools 75

Analytics in HR

MARCH 6, 2018

It feels like these companies are looking for professionals with knowledge about Excel who want to work in HR, instead of HR professionals who want to analyze data. However, this one is labeled differently: Data scientist junior analyst. Research, analyze, and present data as assigned. Troubleshoot data and reports.

Analysis 49

Analysis HR Software HR Planning Staffing Software 49

WEX Inc.

AUGUST 7, 2023

We have some data from the WEX benefits platform below. Check out our benefit trends page for more benchmarking data! HSA Store and FSA Store have multiple products to choose from, including this continuous spray. Are you curious about what participants often spend their FSA funds on?

Productivity 98

Productivity Benchmarking Planning Tools Compensation 98

Extensis

MARCH 14, 2024

Most SMBs have predetermined human resource benchmarks they hope to reach as they expand. Data integrity and security is amplified Companies sift through tons of data every day, allowing them to analyze buyers’ journeys based on unique identifiers like purchase history, location, and contacts.

Onboarding Software 101

Onboarding Software HR Software Planning Tools HR Planning 101

Paycor

OCTOBER 30, 2020

It might not be obvious, but employee benefits actually play a major role in recruiting, retention and employee engagement. Paycor analyzed data from 30,000 of our customers and found that the right mix of benefits can improve their turnover rate by 138%. How Paycor Can Help With Administering Benefits.

Hiring Software 98

Hiring Software Recruiting Software Planning Tools HR Software 98