Analytics in HR

JULY 31, 2023

As a department, it is responsible for managing HR activities from recruitment and onboarding, compensation and benefits, learning and development, performance management, and employee relations to separation or retirement. In this view, HR recognizes that employees are a company’s most critical asset.

HR Planning 57

HR Planning Resources Hiring Software Onboarding Software 57

Corporate Synergies

JUNE 4, 2019

What kind of health and welfare benefits attract and retain employees? Benchmarking and surveys help employers zero in on options that workers deem valuable. 1 What are competitive employee benefits? Benchmarking and surveys provide solid answers. Benchmarking studies yield details like: Medical plan type.

Benchmarking 44

Benchmarking Employee Benefits Survey Planning Tools 44

Zenefits

OCTOBER 13, 2021

Health insurance, employee assistance programs, mental health services, bonuses, work-from-home opportunities, and retirement savings are just a few of the popular benefits programs. It’s far more valuable to know how your specific benefits offerings compare to those of your competitors. Spot and adapt to trends.

Benchmarking 36

Benchmarking Planning Tools Zenefits Retirement 36

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. High Deductible Health Plans. Access FREE materials in our benefits video library.

Employee Benefits 66

Employee Benefits Planning Tools Retirement HR Software 66

Workable

FEBRUARY 17, 2023

When people think of employee compensation, it’s usually the base salary of a position that initially comes to mind. However, total compensation includes employee benefits and perks. Pay structures Also known as salary or compensation structures , pay structures clarify an employee’s path to career growth and higher pay.

Compensation 118

Compensation Hiring Software Recruiting Software Staffing Software 118

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% 1 position.

Wellness 122

Wellness Retirement Coaching Survey 122

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

Decusoft

APRIL 13, 2021

This benefits package can include things like health insurance, a retirement plan, and paid time off (PTO), life insurance, overtime pay, perks, profit sharing, stock options, and any bonuses or variable incentive pay. Total Compensation Management Solutions. Compensation Plan Design .

Compensation 105

Compensation Hiring Software Planning Tools Assessment Software 105

Extensis

JANUARY 4, 2024

A wave of seasoned leaders are retiring, and with just 10% of the population being natural leaders , many successors will require training to help them reach their potential in their new roles. This guidance can greatly benefit clients, as effective leadership can inspire teams, enhance company culture, and drive innovation.

HR Trends 105

HR Trends HR Planning HR Software Trends 105

Analytics in HR

SEPTEMBER 13, 2023

Chief People Officer Salary : $245,000 – $450,000 Job description The Chief People Officer works with senior management to plan and execute workforce planning and talent acquisition strategies to ensure the company has the right talent for the right position.

HR Software 91

HR Software HR Planning Hiring Software Recruiting Software 91

HRsoft

OCTOBER 19, 2020

Budget allocation determines how much the organization has to dedicate to employee pay, and how much of that budget will be spent on base salary versus benefits and other incentives. Compensation and benefits professionals use salary ranges to benchmark jobs within their industry to create structures for paying their employees.

Compensation 59

Compensation Planning Tools Bonuses and Incentives Benchmarking 59

HR Bartender

JUNE 19, 2017

(Editor’s Note: Today’s post is sponsored by Massachusetts Mutual Life Insurance Company (MassMutual), a leading provider of insurance, annuities, retirement plans, and other employee benefits. Every business is faced with recruiting challenges, employee morale and engagement, retention, training, etc.

Talent Experience 322

Talent Experience Planning Tools Recruiting Software HR Software 322

HRsoft

MAY 16, 2019

Budget allocation determines how much the organization has to dedicate to employee pay, and how much of that budget will be spent on base salary versus benefits and other incentives. Compensation and benefits professionals use salary ranges to benchmark jobs within their industry to create structures for paying their employees.

Compensation 79

Compensation Planning Tools Bonuses and Incentives Benchmarking 79

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. Technology-focused benefits.

Employee Benefits 36

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

Analytics in HR

DECEMBER 22, 2023

Think of a compensation package as a bundle of rewards creatively put together to recognize employees’ contributions and inspire their best work. This is more than an employee’s monthly salary. Achieving internal and external pay equity : Fair pay makes employees feel good about their salaries compared to the market.

Compensation 80

Compensation Bonuses and Incentives HR Software Hiring Software 80

HR Lineup

FEBRUARY 1, 2024

HR professionals play a crucial role in benchmarking salaries against industry standards, ensuring internal equity, and addressing any pay disparities within the organization. Variable Pay: Performance-Based Incentives Variable pay, also known as performance-based pay, includes bonuses, commissions, and profit-sharing plans.

Compensation 60

Compensation HR Planning HR Software Bonuses and Incentives 60

Extensis

JANUARY 4, 2024

A wave of seasoned leaders are retiring, and with just 10% of the population being natural leaders , many successors will require training to help them reach their potential in their new roles. This guidance can greatly benefit clients, as effective leadership can inspire teams, enhance company culture, and drive innovation.

HR Trends 52

HR Trends HR Planning HR Software Trends 52

PeopleStrategy

SEPTEMBER 17, 2019

There is no one-size-fits-all set of perks that a comprehensive benefits package should include. In fact, to meet the needs of as many of your employees as possible, you will need to offer a variety of benefits plans and options. Be sure to evaluate whether or not these plan options make sense for your firm.

Hiring Software 100

Hiring Software Talent Experience HR Software HR Planning 100

Zenefits

NOVEMBER 17, 2022

Reduce employee turnover. Keep employees healthy. employers provide healthcare plans ( 59% ) and many offer other practical benefits, like retirement plans. Since benefits can be good for employers and workers, why bother offering perks? Perks, as “fringe benefits,” aren’t required by law.

Employee Benefits 36

Employee Benefits Bonuses and Incentives Hiring Software Onboarding Software 36

Extensis

JANUARY 17, 2024

According to the Society for Human Resource Management’s (SHRM) new benchmark research , the average cost of recruitment is nearly $4,700 per hire. They also should detail employee benefits , life insurance , and retirement plans. In contrast, conditions generally include passing drug and background screenings.

Hiring Software 110

Hiring Software Background screening Hiring HR Planning 110

Zenefits

JULY 6, 2022

When looking to differentiate their compensation packages and attract top talent, many HR managers and business owners are asking themselves a question that would have been laughed at 5 years ago: Should your 401(k) plan offer cryptocurrency investments? Crypto simply exists in your wallet or on an exchange platform.

Planning Tools 36

Planning Tools Retirement Onboarding Software HR Software 36

Semos Cloud

MARCH 15, 2022

The most common employee benefits are: Healthcare coverage. Retirement plans. An employee benefits survey by Clutch found that 55% of workers think health insurance is the most important employee benefit. The Employee of the month program. Dental insurance. Parental leave.

Bonuses and Incentives 97

Bonuses and Incentives Strategy Assessment Software HR Software 97

Decusoft

APRIL 1, 2021

A total rewards plan is a management strategy that rewards workers for achieving particular business goals with monetary, non-monetary rewards in benefits, and developmental rewards. Employee benefits can account for as much as 70% of an organization’s overall costs, according to Deloitte analysis. Total rewards.

Compensation 98

Compensation Bonuses and Incentives Strategy HR Planning 98

Bayzat

APRIL 5, 2024

Improved Productivity and Efficiency High-performing employees are 400 times more productive than average employees, according to a study by McKinsey & Company. And in highly complex and dynamic industries, such as technology or management, they can be even 800% more productive.

Hiring Software 52

Hiring Software Video Recruiting Talent Experience Recruiting Software 52

Xoxoday

SEPTEMBER 27, 2023

These bonuses are typically tied to specific performance metrics or achievements, such as meeting sales targets, exceeding project goals, or surpassing customer satisfaction benchmarks. Performance rewards or bonuses provide employees with a direct financial incentive for their exceptional efforts and contributions.

Planning Tools 52

Planning Tools Bonuses and Incentives Compliance Training Certification 52

Tandem HR

MARCH 8, 2022

Access to large group employee benefits. Benefits administration, billing, and claims assistance. Employee handbooks and guidance with company policies. Small businesses find this solution much more affordable than hiring a full-time in-house team. You may choose to offer benefits such as: Health insurance.

Hiring Software 59

Hiring Software HR Software Recruiting Software Onboarding Software 59

Decusoft

MAY 20, 2021

It is important to conduct compensation data audits frequently in order to produce an equitable and appropriate compensation plan. Smart businesses understand that offering competitive pay for full-time employees is one of the most important factors in attracting and retaining top talent.

Analysis 96

Analysis Compensation HR Planning Bonuses and Incentives 96

Semos Cloud

SEPTEMBER 7, 2022

Broadly speaking, a total rewards compensation package is a combination of benefits, wages, and rewards that, ideally, address all (or most) employee needs. There are dozens of types of employee benefits, different compensation methods besides the salary, and various monetary and non-monetary employee rewards.

Assessment Software 52

Assessment Software Planning Tools HR Software Interview Software 52

Paycor

OCTOBER 22, 2019

The process also includes managing your employee benefits to make sure they’re meeting the needs of your employees. You’ll have all the data you need to benchmark your salaries against the compensation to see if you’re either low-balling or being too generous with your job offers. Compensation management systems can help!

Hiring Software 40

Hiring Software Compensation HR Software Planning Tools 40

Zenefits

FEBRUARY 7, 2023

In this article, we’ll cover 6 of the top compensation issues that HR leaders often face when navigating the compensation strategy for new and current employees. Compensation planning Compensation planning means you don’t leave it up to chance whether you attract top talent and retain it. Health benefits.

Compensation 36

Compensation Hiring Software HR Planning Bonuses and Incentives 36

Empuls

OCTOBER 11, 2023

These bonuses are typically tied to specific performance metrics or achievements, such as meeting sales targets, exceeding project goals, or surpassing customer satisfaction benchmarks. Performance rewards or bonuses provide employees with a direct financial incentive for their exceptional efforts and contributions.

Planning Tools 40

Planning Tools Bonuses and Incentives Compliance Training Certification 40

Extensis

JANUARY 17, 2024

According to the Society for Human Resource Management’s (SHRM) new benchmark research , the average cost of recruitment is nearly $4,700 per hire. They also should detail employee benefits , life insurance , and retirement plans. In contrast, conditions generally include passing drug and background screenings.

Hiring Software 52

Hiring Software Background screening Hiring HR Planning 52

ForUsAll

JUNE 6, 2019

And honestly, does my plan really need either one? We asked those (and more) when we sat down with Carol Buckmann , an ERISA attorney who’s spent over 35 years helping hundreds of 401(k) plan sponsors navigate their fiduciary responsibilities. This is a question a lot of plan sponsors are uncertain about. Let’s start with.

Hiring Software 94

Hiring Software Planning Tools Retirement Interview Software 94

Vantage Circle

SEPTEMBER 11, 2023

Imagine a world where managing employee benefits is no longer a daunting task but an empowering experience for HR teams and employees. With an innovative employee benefits platform, that world becomes a reality. Importance of Having an Employee Benefits Platform in Place 1.

HR Software 52

HR Software Planning Tools Onboarding Software Hiring Software 52

Advos

JANUARY 9, 2017

Every Monday we send a summary of the previous week’s funding announcements, mergers, acquisitions, and partnership news from the HR technology, recruitment, talent management and employee benefits space. Learn how HRmarketer software can help your HR and recruiting brand do a better job at content marketing.

HR Planning 40

HR Planning Planning Tools HR Software Recruiting Software 40

Recruiters Lineup

APRIL 1, 2024

However, high levels of emigration have led to shortages in certain sectors, particularly in healthcare and technology. While online job portals and social media platforms are increasingly popular, networking remains a significant aspect of the hiring process. Certain allowances and deductions may apply to reduce taxable income.

Video Recruiting 52

Video Recruiting Hiring Software Hiring Onboarding Software 52

PlanSource

MAY 20, 2019

In this week's edition, we cover the 2019 #BenefitsBenchmark Report, how medical marijuana could become a part of benefits plans, mid-year health trends to watch and more! 2019 Benefits Benchmark Report. We’re excited to announce the 2019 Benefits Benchmark Report! Click To Tweet.

HR Planning 40

HR Planning Retention and Turnover Benchmarking Harassment 40