Talentia

SEPTEMBER 29, 2023

Employee Compensation vs. Employee Benefits Packages – Which is More Important? September 29, 2023 Home With the surge in remote and hybrid work in recent years, the workforce is rethinking their approach towards pay and benefits. What is employee compensation? Reimbursement program offerings (i.e:

Compensation 52

Compensation Employee Benefits HR Software Planning Tools 52

PlanSource

APRIL 1, 2021

2021 Benefits Benchmark Report – Top 3 Big Hits . S ee how this is working o ut for HR leaders at The CORE Group who report that PlanSource’s platform is saving them 2 hours per every new hire, 30 minutes per every life event, and 5 hours per employee annuall y. . Most Popular Benefits offered . Benefit Name .

Benchmarking 52

Benchmarking Hiring Software Planning Tools HR Software 52

PlanSource

AUGUST 19, 2021

The Employee Benefits Reporting Metrics, Trends and KPIs You Really Need To Know. With open enrollment quickly approaching, it’s crucial your benefits management system delivers the key employee benefits reporting and metrics you need to track to stay on track. ? InsightsIQ. Register Now. Aug 19, 2021 ?See

Benchmarking 52

Benchmarking HR Software Planning Tools Trends 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? Benefits are expensive.

Benchmarking 52

Benchmarking Report Planning Tools HR Software 52

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

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

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. Evaluating ROI and benefits strategy.

Benchmarking 36

Benchmarking Planning Tools Zenefits Retirement 36

Decusoft

APRIL 18, 2022

There are several benchmarks that are used to analyze data between roles and companies. One benchmark that is typically included in a compensation analysis is salary and benefits data for companies operating in similar industries. Benefits of conducting compensation analysis include: Salary Benchmarking.

Analysis 72

Analysis Compensation HR Software Staffing Software 72

Zenefits

APRIL 13, 2017

The March 2017 Zenefits Small Business Benefits Benchmark Report is now available. An experienced benefits consultant can help businesses align plans based on business requirements. Contact a Zenefits Benefits Advisor. How much are similar companies contributing to employee and dependent premiums?

Benchmarking 42

Benchmarking Planning Tools Employee Benefits Zenefits 42

Helpside

NOVEMBER 8, 2022

In fact, according to Zywave’s 2022 Attraction and Retention Benchmarking Overview, over 75% of employers consider attraction and retention to be among the top-five business challenges for their organizations. As a result, many employers are expanding and enhancing their benefits offerings to remain or become more desirable to employees.

Employee Benefits 59

Employee Benefits Compensation Video Recruiting Career Development 59

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? And benefits do matter.

Employee Benefits 36

Employee Benefits Retention and Turnover Retirement Benchmarking 36

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

PCS

OCTOBER 6, 2022

HR support puts in considerable resources into benchmarking or measurement of processes to determine areas that need to be improved. Service providers can also provide their clients with informative or learning materials associated with assessing and promoting employee engagement and satisfaction. Employee Benefits Packages.

HR Planning 52

HR Planning HR Software Hiring Software Recruiting Software 52

Extensis

DECEMBER 20, 2023

Trend 8: Reevaluating compensation models Being transparent about how your staff’s pay is determined, communicated, and benchmarked against industry standards is crucial, especially considering the modern multistate workforce and gig economy. A dedicated HR Manager to help you craft policies to meet the workforce’s evolving expectations.

HR Trends 93

HR Trends HR Software HR Planning Trends 93

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

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

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. — The post Benefits Benchmark Report: Top Takeaways For 2019 appeared first on PlanSource.

Benchmarking 40

Benchmarking Planning Tools HR Software Report 40

Zenefits

AUGUST 30, 2022

For example, consider the most in-demand benefits: In 2022 , 88% of employees wanted health insurance benefits, 82% wanted retirement-related benefits, and 52% liked the idea of financial but non-retirement benefits. A sound life insurance policy continues to be a desired employee benefit.

Employee Benefits 36

Employee Benefits HR Planning Policies Retirement 36

Winston Benefits

FEBRUARY 13, 2018

Focusing on employee benefits will help architecture firms attract those employees. Here are some of the top employee benefits that architecture firms offer. Consistently seen as one of the most valued employee benefits, health insurance offerings are often generous at architecture firms.

Employee Benefits 49

Employee Benefits Recruiting Software Planning Tools Benchmarking 49

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

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. Rather, it serves as a benchmark on how the average employee behaves.

Benchmarking 40

Benchmarking Planning Tools HR Software Trends 40

Zenefits

AUGUST 24, 2022

Bottom line: if your employees aren’t happy with their benefits, it increases the chances of them accepting a stronger offer from your competitor. You can prevent this by conducting employee benefits satisfaction surveys and making feasible adjustments based on the results. Which 3 benefits do you need the most?

Employee Benefits 36

Employee Benefits Survey Hiring Software Onboarding Software 36

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. Want more benefits insight? via Glassdoor ).

Employee Benefits 40

Employee Benefits Retention and Turnover Planning Tools Video Recruiting 40

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.

Zenefits 54

Zenefits Benchmarking Report Talent Acquisition 54

Analytics in HR

JANUARY 19, 2021

There are other employee benefits such as medical care, discounts, car, share schemes, and housing allowances. As an example, Slack traditionally compensated employees based on localized benchmarks in their New York and San Francisco offices. A key characteristic of compensation is that it is dynamic.

Analysis 63

Analysis Compensation HR Software Hiring Software 63

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. Benchmark your benefits with what your competitors are offering. Attract and retain high-performing employees.

Hiring Software 36

Hiring Software HR Software Onboarding Software Planning Tools 36

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

Advos

MAY 21, 2018

Wages have been rising since 2012, and recently surpassed the benchmark set in 2000. Learn more at the G lossary of HR and Employee Benefit Terms. It’s been a slow climb, but after a decade of steady recovery, young graduates’ economic prospects overall are the brightest since 2007. Want the Best Results From AI?

Staffing Software 51

Staffing Software HR Planning HR Software Planning Tools 51

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

Winston Benefits

JANUARY 3, 2017

As we look at the developments of 2016 and the benefits trends going into 2017 , it’s clear that change is the only constant. This can mean big challenges for benefits managers as they try to keep up with evolving benchmarks and new legislation, but it represents big opportunities as well.

Employee Benefits 45

Employee Benefits Benchmarking Trends Wellness 45

Zenefits

JUNE 15, 2017

Employee benefits have quickly become a crucial factor for people when deciding where to work. The most favorable employee benefits and perks include healthcare insurance ( medical, dental, vision ), vacation and paid time off, performance bonuses, paid sick days, and 401(k) plans. Do your employee benefits stack up?

Employee Benefits 43

Employee Benefits Talent Experience Zenefits Compensation 43

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

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

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.

Wellness 118

Wellness Retirement Coaching Survey 118

Precheck

OCTOBER 24, 2017

Examine your pay, benefits and incentive model to make sure it matches your overall HR strategy. Benchmark them against other organizations in the geographic area and industry to ensure they stand out from the competition.

Retention and Turnover 69

Retention and Turnover HR Planning Bonuses and Incentives Staffing Software 69

Zenefits

JUNE 23, 2022

According to SHRM’s 2022 Employee Benefits Survey : 96% of employers offered paid sick leave. While the BLS’ analysis is a reliable benchmark, it would be a mistake to solely rely on it. Notably, a large percentage of private-sector workers also have access to unpaid family leave, which often includes sick leave. How many U.S.

Onboarding Software 74

Onboarding Software Staffing Software Survey Payroll 74

HR Lineup

FEBRUARY 1, 2024

It forms the foundation of an employee’s compensation package and is often influenced by factors such as experience, education, and market rates for similar roles. Market Research and Benchmarking One crucial factor in determining compensation is conducting thorough market research and benchmarking.

Compensation 62

Compensation HR Planning HR Software Bonuses and Incentives 62