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?

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Zenefits

JUNE 13, 2022

The Coronavirus Aid, Relief, and Economic Security (CARES) Act and the Payroll Protection Program ended in 2022. These programs provided benefits for workers and small businesses, including low-interest loans and payroll tax credits. Automate payroll. Automate payroll. Answer to see the results. Any of the above.

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Zenefits

DECEMBER 22, 2021

Where to find compensation data. Your budget helps define: The total number of people you can afford to put on the payroll. Look at competitors, market data, and benchmarks. Several tools offer real-world salaries, including Zenefits , LinkedIn, and Glassdoor. How to make a company-wide plan. Sought-after benefits.

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Zenefits

DECEMBER 29, 2021

With each gap, compare data from compensation benchmarking tools to determine how much you’ll have to spend to attract needed talent. From here you can make more detailed decisions like how many people you can put on payroll, what type of incentive strategies there are, and salary ranges for positions you want to fill.

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Zenefits

FEBRUARY 23, 2022

If you’re not sure where to start in understanding your people’s level of engagement, this is a great way to begin benchmarking. If you’re new to creating engagement surveys, Zenefits’ software also has pre-populated templates that let you: Build. Automate payroll. Automate payroll. Communicate.

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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.

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Zenefits

JULY 28, 2022

This helps you avoid segregating data in separate folders, files, spreadsheets, or even systems. Management of benefits, scheduling, and payroll. Integration with scheduling and payroll. In addition, empowering employees to view their documentation, payroll stubs, benefits selections, and available PTO can save everyone time.

HR Software 36

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Zenefits

MARCH 11, 2021

Integrates benefits administration with human resources, payroll, and timekeeping — to save time and reduce administrative errors. Electronic Data Interchange (EDI), to enable fast communication with insurance carriers. Benchmarking tools, to compare your benefit offerings with your competitors’.

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Zenefits

FEBRUARY 23, 2021

Benefits applications are often integrated into cloud-based human capital management (HCM) technology, to streamline the HR, benefits, and payroll functions. A 2019 report by Ernst & Young revealed the cost per data entry for the following benefits enrollments tasks: Obtaining or distributing plan documents and summaries — $14.16.

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Zenefits

MAY 29, 2022

With inflation soaring at 8.5% , most businesses plan payroll increases of 4 percent or more. You can use a benchmarking tool like Zenefits which offers real-world salaries to better understand your company’s wages. Automate payroll. Automate payroll. Answer to see the results. Simplify benefits administration.

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Zenefits

MAY 6, 2019

Payroll is typically a small business’s largest expense. They offer insight into salary benchmarking data that assures business is on point with wages and other benefits, based on the role, the location, and the level of experience and credentialing. Keeping cost contained and manageable is necessary.

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Zenefits

JANUARY 24, 2019

Paying attention to local salary data is important for both workers and employers. All we can do now is look at the data, ask questions, and in this case, examine our country’s lowest paying cities. (We Each city includes their local averaged salary and a multiplier, that we calculated with a little data crunching.

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Zenefits

JUNE 14, 2021

Decreased payroll growth. But as noted in the aforementioned SHRM article, “ those data points generally lag the actual onset of a downturn.” You can obtain data that’s not only closer to the recession but also more specific to your business by partnering with a recruiter who understands your industry.

HR Planning 61

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Zenefits

AUGUST 3, 2022

Use employee engagement surveys and feedback surveys , as well as benefits usage data, to figure out what employees would appreciate. Automate payroll. Automate payroll. Benchmark your benefits and offer benefits workers love. Ask your employees what they want. The best way to figure out a strong package? Back to Vote.

Employee Benefits 36

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Zenefits

JULY 28, 2021

Assuring staff is compensated fairly, aligned with skills, experience, and market conditions, and that payroll drives your strategic plan forward is critical to business success. If you bring on a CCP to your business, initially they may spend a lot of time benchmarking. For many organizations, compensation is an afterthought.

Compensation 41

Compensation HR Planning Bonuses and Incentives Hiring Software 41

Zenefits

JANUARY 16, 2019

To do this, use software with reliable and statistically significant data. Make sure it takes into consideration your field, the size of your company, the benchmarks of similar companies, and the details of the role. The post Best Practices for Compensation Comparison appeared first on Zenefits Blog. Set a Pay Range.

Comparison 34

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Zenefits

JULY 24, 2022

Conduct a market analysis to benchmark salaries. Use salary surveys and data from job boards and professional organizations to get an idea of the going rates. Use salary surveys and data from job boards and professional organizations to get an idea of the going rates. Automate payroll. Automate payroll.

HR Planning 36

HR Planning Compensation Talent Experience Guidelines 36

Zenefits

APRIL 25, 2022

According to recent data, job satisfaction went from its lowest rate of 42% in 2010 to 56% in 2020. Data collection is crucial as it informs businesses when workers are dissatisfied. While many companies may think their culture is inclusive, recent data shows that most U.S. Automate payroll. Automate payroll.

Policies 36

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Zenefits

FEBRUARY 9, 2022

While interview data can capture meaningful information for your hiring decisions, they don’t provide you with data about certain intangibles, such as emotional intelligence, that can get lost in a formal and structured interview. Remind them that you’re also basing your decision on: Interview data. Trying to run payroll.

Hiring Software 36

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Zenefits

NOVEMBER 17, 2022

Automate payroll. Automate payroll. Badouix not only recommends surveys and interviews with employees but also benchmarking with similar companies to find out what else is resonating with workers. Here are 5 strategies for harnessing cutting-edge incentives for 2023: Use data to determine in-demand perks.

Employee Benefits 36

Employee Benefits Bonuses and Incentives Hiring Software Onboarding Software 36

Zenefits

JANUARY 31, 2022

Payroll is one of the most essential parts of running a business. So it’s crucial to get payroll right. What do you need to know to process payroll correctly? When building your payroll process, look into which pay schedule works best for your employees. We recommend using industry benchmarks. Pay schedules.

Payroll 36

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Zenefits

JULY 9, 2022

Hard data is evidence that the pay gap is real. Data for wage disparities is reported largely along racial and gender lines, with most of the emphasis on pay inequities between women and men. Data also shows gains and losses in disparate earnings due to economic changes and natural disasters. What does 2022 pay data show?

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Vantage Circle

SEPTEMBER 11, 2023

Enhanced Data Analytics Many employee benefits platforms offer advanced data analytics tools to help organizations gain insights into their benefits programs. This includes metrics such as enrollment rates, claims data, and employee feedback. Compatibility is key to streamline processes and avoid data discrepancies.

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Zenefits

DECEMBER 22, 2021

You can utilize compensation benchmarking tools to inform your talent costs. Bureau of Labor Statistics, you will need to dig further for more meaningful data. A more reliable solution is to leverage compensation benchmarking tools like Indeed, Glassdoor, Salary.com, LinkedIn Salary, or Zenefits.

Compensation 36

Compensation Planning Tools Bonuses and Incentives Hiring Software 36

Zenefits

SEPTEMBER 21, 2020

When creating your benefits package and forecasting costs for your business, it’s helpful to use accurate benchmarking data to guide your decisions. This is where HR softwares like Zenefits can remove the time burden and paper-driven processes from HR professionals and free up their time to focus on more meaningful areas of work.

Employee Benefits 53

Employee Benefits Wage and Hour Training Hiring Software Compensation 53

Zenefits

JANUARY 4, 2019

Leading a workforce comes with several tasks, such as payroll, performance management, onboarding, scheduling, and more. Payroll management can be a headache. An HRMS takes the time out of measuring employee progress, goals, and benchmarks. appeared first on Zenefits Blog. What can an HRMS do for my business?

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Zenefits

JUNE 29, 2022

But a large IT firm that handles sensitive data will likely need cyber insurance, worker’s compensation, and professional liability insurance, among other options. Data breaches are incredibly expensive and increasingly common, even for small businesses. Automate payroll. Automate payroll. Prior claims.

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Onboarding Software Policies Hiring Software Compensation 36

Workable

DECEMBER 14, 2020

A good place to get a benchmark is AngelList (for startup equity and salaries) or Glassdoor (for market rates). PRO TIP: Wealthfront’s Startup Compensation Tool is one of many benchmarks you can use. You can browse and filter data, collaborate with your team and do social recruiting too. Rather than being hung up over a 0.1%

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Zenefits

NOVEMBER 16, 2021

Benchmarking. The report includes workforce demographic data, including job categories, race/ethnicity, and sex. General Data Protection Regulation (GDPR). A data privacy regulation established by the European Union (EU) that strives to protect the personal data of EU residents. Behavioral-Based Interview.

HR Planning 36

HR Planning HR Software Hiring Software Wage and Hour Training 36