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

Zenefits

JUNE 29, 2021

It’s important to watch not just your healthcare spending , but other benefits expenditures as well. If you happen to be spending too much on benefits, below are 6 ways to cut back. Benchmark benefits. This will give you a solid grasp of what other employers are paying for employee benefits.

Employee Benefits 68

Employee Benefits Hiring Software Planning Tools 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

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

PCS

OCTOBER 6, 2022

HR management concentrates on the recruitment, training, and supervision of human assets as well as the formulation of strategic plans for the company. HR support puts in considerable resources into benchmarking or measurement of processes to determine areas that need to be improved. Employee Benefits Packages.

HR Planning 52

HR Planning HR Software Hiring Software Recruiting Software 52

Zenefits

APRIL 13, 2017

The March 2017 Zenefits Small Business Benefits Benchmark Report is now available. PPO seems to consistently remain the popular option as it allows the most freedom in provider access, flexible movement of care, networks size, and out-of-network coverages as well. Contact a Zenefits Benefits Advisor. Get the Report Now.

Benchmarking 42

Benchmarking Planning Tools Employee Benefits Zenefits 42

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

Wellable

JULY 8, 2019

As companies develop their wellness offerings, leaders may wonder how their benefits compare to those from other companies, what initiatives are trending, and what areas to focus on in the future.

Survey 68

Survey Wellness Company Benchmarking 68

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 102

HR Trends HR Software HR Planning Trends 102

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

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

Business Management Daily

AUGUST 12, 2024

Ultimately, your EVP differentiates your organization from other employers and shows employees why they should want to work for you. Providing great benefits and supporting employee well-being also improves employee engagement and morale, resulting in better work quality and productivity.

Examples 105

Examples Wage and Hour Training Employer Branding Hiring Software 105

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

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

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. Health and wellness perks.

Employee Benefits 36

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

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. Some organizations use a combination of benchmarking and pay grades to establish compensation structures.

Compensation 118

Compensation Hiring Software Recruiting Software Staffing Software 118

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

UKG

JUNE 4, 2021

Even as most industries are well on their way to recovery, the lessons learned from an unorthodox financial year continue to resonate. That makes workplace health and safety very much a financial issue as well as an HR issue. Lost-time injuries per employee. Projected employee turnover rate.

Metrics 52

Metrics Hiring Software Staffing Software Onboarding Software 52

EmployeeConnect

SEPTEMBER 12, 2022

If you’re having trouble hiring and retaining employees , which is leading to high staff attrition rates, you can work on some major channels to fix the issues. Give your managers the necessary training and education they require to manage the employees well. Encourage Employee Feedback. Offer Benefits to Employees.

Compliance Training 245

Compliance Training Workforce Planning Trends Benchmarking 245

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

Precheck

OCTOBER 24, 2017

“When you think about an employee being every organization's greatest asset, you want to make sure they are compensated well,” Johnson says. Don't lose a rockstar employee to a competitor over 25 cents.”. Examine your pay, benefits and incentive model to make sure it matches your overall HR strategy.

Retention and Turnover 69

Retention and Turnover HR Planning Bonuses and Incentives Staffing Software 69

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. Wellness programs.

Employee Benefits 45

Employee Benefits Paycor Planning Tools HR Software 45

HR Lineup

MAY 10, 2024

Companies must adapt their retention strategies to cater to the needs of remote employees and mitigate the challenges associated with virtual collaboration. Employee Well-being and Mental Health: The recognition of employee well-being as a cornerstone of organizational success has gained prominence.

Retention and Turnover 84

Retention and Turnover Strategy Interview Software Assessment Software 84

Empuls

OCTOBER 11, 2023

While the contract of employment asks for an employee’s “services” in exchange for remuneration, along with those services, a considerable amount of physical and mental exhaustion goes into the job as well. That’s where health and wellness come into the picture. What is a Health and Wellness Stipend?

Wellness 40

Wellness Planning Tools Benchmarking Policies 40

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

Zenefits

AUGUST 1, 2017

The Society for Human Resource Management (SHRM) , the world’s largest HR professional society, just released its annual employee benefits report. The 2017 Employee Benefits report highlights some interesting shifts in employer benefits offerings, including an increase in wellness and health-related programs. .

Report 43

Report Wellness Hiring Software Zenefits 43

HR Lineup

FEBRUARY 1, 2024

In this comprehensive guide, we will delve into the intricate world of compensation, exploring both direct and indirect compensation and categorizing the various components that make up a well-rounded compensation strategy. It is the tangible, financial remuneration that employees see in their paychecks.

Compensation 61

Compensation HR Planning HR Software Bonuses and Incentives 61

Analytics in HR

JULY 31, 2023

This may include implementing wellness initiatives to address mental health, for example. Administrative responsibilities – Performing administrative work like maintaining the HRIS where employees’ information is stored. Executes effective talent acquisition processes to hire the best talent for the right position.

HR Planning 61

HR Planning Resources Hiring Software Onboarding Software 61

Zenefits

NOVEMBER 17, 2022

Staff collaboration is critical for employers, but frequent team-building activities or outings pressure employees to work around them to get their jobs done. Mandatory wellness programs. Employees aren’t opposed to regular health check-ups or free gym memberships, but they don’t want to be forced to participate in these programs.

Employee Benefits 36

Employee Benefits Bonuses and Incentives Hiring Software Onboarding Software 36

Sterling Check

NOVEMBER 2, 2023

Instead, effective onboarding is part of a strategic plan to help your new employee excel in their new position. Onboarding is also a critical part of creating a great candidate experience for your new employees. And how do engaged employees benefit your business? Onboarding goes well beyond the first day.

Onboarding 94

Onboarding Talent Experience eBook Employee Engagement 94

Extensis

MAY 20, 2024

However, PEOs provide many more human resources (HR) services than just employee benefits and payroll —some of which may surprise you. In honor of the holiday, here are four PEO services you may not know exist and how they can benefit your business. PEOs can also perform salary benchmarking and compensation analysis.

Hiring Software 64

Hiring Software Recruiting Software Assessment Software Onboarding Software 64

Analytics in HR

MARCH 6, 2018

Deal sensitively with any employee relations issues and act as the first port of call for any employee queries. Ensure employee benefits are maintained and respond to benefit queries from employees and providers. Proactively monitor the employee life-cycle and key dates in the HR calendar.

Analysis 52

Analysis HR Software HR Planning Staffing Software 52

Decusoft

APRIL 1, 2021

Employee benefits can account for as much as 70% of an organization’s overall costs, according to Deloitte analysis. Compensation administration has an effect on an enterprise, which includes business leaders and administrators, stakeholders , and employee engagement. Compensation Strategy: Benefits . Unlimited PTO.

Compensation 98

Compensation Bonuses and Incentives Strategy HR Planning 98

Newmeasures

JUNE 10, 2024

This worked well when we were smaller, but the sustainability of this approach was no longer guaranteed at our new size. So, at that time, our leadership team took a step back and asked every individual at our company what was most important to them in the realm of compensation and benefits.

Survey 52

Survey Compensation Analysis Analytics 52

Zenefits

JULY 31, 2018

While today’s technology has eased so many workplace headaches, it also can make the everyday employee more prone to burn out. This is where employee benefits come in. Are you keeping pace with the most in-demand optional benefits out there? Employee benefits. The post What Do Employees Want?

Employee Benefits 28

Employee Benefits Zenefits Comparison Benchmarking 28