DailyPay

APRIL 17, 2018

Through this new partnership, Health Care Management Group can offer its employees a fresh step in their financial wellness journey. After completing a shift, the net amount earned is added to an available balance from which employees can withdraw up to 100% and receive their money instantly. Why is this benefit so important?

Groups 40

Groups Staffing Software Recruiting Software Retention and Turnover 40

Insperity

OCTOBER 10, 2023

Meanwhile, credit card debt tops $1 trillion. For many reasons, employees’ financial wellness – of which sufficient retirement savings are a critical component – is very important to a business’s long-term success. In requiring employers to take actions that can improve their employees’ financial wellness, the SECURE 2.0

Retirement 108

Retirement Bonuses and Incentives Planning Tools Talent Experience 108

ScaleHRO

APRIL 27, 2021

Note: This blog was originally written and published on 4/20/20 with content furnished by NAPEO but has been updated and re-written internally. The CARES Act consisted of three programs: the Small Business Administration (SBA) Paycheck Protection Loan Program, the 50% Employee Retention Tax Credit, and the Social Security Tax Deferral.

Payroll 52

Payroll 52

Extensis

JANUARY 17, 2023

and while their benefits for employees are well known, these plans can also give back to SMBs in various ways. Here, dive into the many potential benefits of 401(k) plans for SMB employers, including improved employee retention rates, more successful recruiting, and decreased tax liability. Boost employee retention.

Planning Tools 98

Planning Tools Retirement Retention and Turnover Hiring Software 98

Extensis

FEBRUARY 7, 2024

Quick look: Aflac has released its 2023-2024 WorkForces Report which examines benefit trends and attitudes of thousands of employers and their employees. The report reveals two-thirds of small businesses (fewer than 100 employees) acknowledge a cost increase, which has limited the ability to offer a more diverse range of benefits.

Report 89

Report HR Software Recruiting Software Planning Tools 89

FingerCheck

JULY 13, 2020

Small employer tax credits and payroll tax relief to cover required COVID-19-related employee paid leave. You may qualify for the Small Business Health Care Tax Credit that could be worth up to 50% of the costs you pay for your employees’ premiums (35% for non-profit employers). For details, see here.

Payroll 52

Payroll How To Hiring ATS 52

Analytics in HR

APRIL 10, 2024

The exam covers HR operations, recruitment and selection, employee relations, health and safety, development and retention, and compensation and benefits. Global Payroll Master (GPM) GPM specializes in providing training and resources on numerous country-specific changes to budgets and regulations for international payroll management.

Global HR 59

Global HR Certification HR Planning Compliance Training 59

Insperity

APRIL 9, 2020

For this blog post, we’ll focus primarily on sharing the broad outlines of the CARES Act’s potential impact on small and medium-sized businesses and nonprofits through the Paycheck Protection Program that authorizes up to $349 billion to shore up businesses and jobs. Loan forgiveness. Loan amounts. Loans are available in amounts up to 2.5

Payroll 95

Payroll Compensation Assessment Software Certification 95

Payactiv

APRIL 6, 2023

This innovative payroll model departs from antiquated models by allowing employees to access their earned but unpaid wages before their regular payday. Offering employees access to their earned wages and financial wellness tools can improve employee satisfaction and retention. Easier Recruiting.

Recruiting Software 52

Recruiting Software PayActiv Retention and Turnover Payroll 52

SocialChorus

APRIL 1, 2024

Quality employee data is the key to elevating employee engagement, developing your workforce, and retaining high performers—components of the employee experience that sustain a company’s success. Businesses with a positive employee experience are 1.3 How accurate and robust is the employee data at your company?

HR Software 52

HR Software Recruiting Software Planning Tools Data 52

Extensis

OCTOBER 5, 2022

For most employees, retirement savings remains top of mind, especially post-pandemic as reserve financial resources were depleted and work environments dramatically shifted. Fortunately, employers realize though the expectations and costs of employee health benefits may be higher, the return on investment has increased as well.

Retirement 96

Retirement Report Planning Tools Recruiting Software 96

Payactiv

SEPTEMBER 26, 2023

Here’s a closer look at what they found, trends impacting your employees, and what you can do to help them find a stronger financial footing. As you can see, the math doesn’t work out in favor of the employee. Unlike payday loans or credit cards, EWA isn’t a loan that must be repaid. It’s money they’ve already earned.

PayActiv 52

PayActiv Planning Tools Retirement Report 52

SumTotal

MAY 31, 2018

I’m just back from the 36 th Annual American Payroll Association (APA ) Congress and Expo, at the Gaylord Resort and Convention Center in National Harbor, Maryland. With over 1,800 attendees, 180+ educational sessions and 100+ exhibitors, it is the largest conference and expo focused on payroll and associated disciplines in the world.

Payroll 40

Payroll Trends Recruiting Software HR Software 40

Extensis

FEBRUARY 6, 2023

Companies have long supported 401(k) retirement accounts for employees as part of a comprehensive compensation package. However, employees are facing real-time financial struggles which don’t always leave opportunities to save for the future as they would like.

Planning Tools 97

Planning Tools Recruiting Software HR Software Wellness 97

Payactiv

MARCH 2, 2023

Financial stress is pervasive among employees, with 97% reporting stress and 80% concerned about inflation. Earned Wage Access (EWA) is an in-demand financial wellness benefit that gives employees access to pay accrued but has yet to be received. As inflation and the cost of living continue to rise, employees feel the squeeze.

Planning Tools 52

Planning Tools Assessment Software Recruiting Software Wellness 52

Extensis

OCTOBER 13, 2022

Quick look: Developing a strong workplace culture is crucial for recruiting and retention strategies and must be continuously nurtured. A global survey conducted by the Society for Human Resource Management (SHRM) highlights why employees are leaving in droves and what businesses can do to keep them to stay.

Survey 94

Survey HR Planning Recruiting Software HR Software 94

Netchex HR Blog

APRIL 24, 2020

A major part of this was large companies with multiple locations that were eligible to apply per location as long as each location had fewer than 500 employees. But one thing all require is payroll and applicable tax information. As a payroll and HR company technology solution, Netchex has you completely covered on both accounts. .

HR Software 61

HR Software Payroll Time and Attendance System 61

Payactiv

JULY 3, 2023

Offering employees access to on-demand pay empowers them to stretch their earnings and meet their financial wellness goals. 1 in 6 working Americans thinks all employers should offer their employees immediate access to their earned wages, but only 1 in 10 companies currently do so. What is Financial Independence?

PayActiv 52

PayActiv Wage and Hour Training Planning Tools Retention and Turnover 52

UKG

SEPTEMBER 22, 2023

Organizations now gather and analyze extensive amounts of sensitive employee information, encompassing personal particulars and performance assessments. Employers are thus responsible for collecting, managing, and safeguarding employee data, including data regarding recruitment, onboarding, performance assessments, and payroll.

Data 72

Data Assessment Software UKG HR Software 72

DailyPay

FEBRUARY 25, 2021

Viventium and DailyPay launched an API-integrated partnership in April 2020, enabling Viventium clients to offer DailyPay’s on-demand pay solution to their employees. Terra: Viventium is an HCM company that started as a payroll-only company based in Brooklyn, and it has expanded rapidly. Tell us about your company and your role.

HR Software 52

HR Software Onboarding Software Wage and Hour Training Payroll 52

Payactiv

SEPTEMBER 13, 2021

There are many great benefits to Earned Wage Access, but what is it and how can it benefit your business and your employees? On-demand pay, also known as Earned Wage Access, has grown in demand and is fixing the outdated bi-weekly or monthly payroll cycles by giving people access to their earned wages when they need them. .

Wage and Hour Training 72

Wage and Hour Training Planning Tools Recruiting Software HR Software 72

Payactiv

JULY 12, 2022

According to the Financial Health Network, Earned Wage Access – also known as EWA or on-demand pay – “allows employees to safely draw some or all of their earned wages before payday.” of employees who had access to their earned wages indicated that they used the benefit. billion in 2020. What Are the Benefits of Earned Wage Access?

Hiring Software 52

Hiring Software HR Software Recruiting Software PayActiv 52

Workday

MAY 5, 2020

A retail industry customer faced a situation where law enforcement officials were sending its employees home because they could not prove they worked for an essential services business. Complying with New Legislation and Government Guidelines. The company made 16,000 pay adjustments in one week, all done remotely.

Policies 48

Policies HR Planning Workday HR Software 48

Payactiv

FEBRUARY 27, 2021

Are you wondering how you can encourage employee financial wellness ? Stress that is related to money can affect every aspect of employee wellness. There’s no doubt that those employees who have financial issues will bring them into the workplace in the form of more sick days used and lower morale.

Wellness 52

Wellness Wage and Hour Training Hiring Software Retirement 52

DailyPay

NOVEMBER 3, 2021

Setting up the need to update employee payment mechanisms is “this dynamic shift in the workforce composition, this continued consumerization of payments,” that includes the introduction of mobile digital wallets, Mavrantzas said. Along with securing the data, employers and providers need to be compliant, Mavrantzas said.

Hiring Software 52

Hiring Software Recruiting Software HR Software Video Recruiting 52

DailyPay

JANUARY 4, 2020

The options available for the remaining 83% employees are glum. Credit cards, personal loans, or an employer’s aid are three of the only places to turn for instant financing. What’s the difference between employee loans and paycheck advances? What to consider before offering a paycheck advance benefit to your employees.

Retention and Turnover 52

Retention and Turnover Payroll Survey Employee Benefits 52

Ongig

OCTOBER 19, 2023

Employee benefits are a crucial part of a job description and can significantly influence a candidate’s decision to apply. A Glassdoor study pointed out that 63% of job seekers and employees pay attention to employee benefits in job ads. 67% of employees and 68% of employers believe this to be the most important benefit.

Bonuses and Incentives 59

Bonuses and Incentives Video Recruiting Hiring Software Background screening 59

Payactiv

SEPTEMBER 23, 2021

The best-performing businesses place the experience of their employees front and center. Of course, a reasonable level of employee turnover can freshen up the team. Here we’ll look at the cost of employee turnover and recommend some practical steps to help managers ensure employees remain loyal to the business.

Retention and Turnover 64

Retention and Turnover Recruiting Software Hiring Software Onboarding Software 64

Payactiv

SEPTEMBER 13, 2021

There are many great benefits to On-Demand Pay, but what is it and how can it benefit your business and your employees? On-demand pay, also known as Earned Wage Access , has grown in demand and is fixing the outdated bi-weekly or monthly payroll cycles by giving people access to their earned wages when they need them.

Wage and Hour Training 52

Wage and Hour Training Planning Tools Recruiting Software HR Software 52

DailyPay

OCTOBER 1, 2019

For the last 50 years, payroll has been a business-as-usual, set-in-stone, mechanical process that takes place on a predictable weekly, biweekly, semimonthly or monthly schedule. The legitimate daily pay benefit provider allows access to earned wages and enables employees to control the timing of when they get paid. Hidden fees.

HR Software 52

HR Software Recruiting Software Payroll Retention and Turnover 52

DailyPay

JANUARY 28, 2022

It drives prosperity and creates a more competitive landscape for talent, pushing companies to create better, more innovative environments for their employees – actions that will help them achieve greater profits for their shareholders. “Workers demanding more from their employers is an essential feature of effective capitalism,” Fink said.

Recruiting Software 52

Recruiting Software Study Payroll Recruitment 52

ForUsAll

JULY 26, 2018

Are you thinking about offering retirement benefits for your employees? Maybe you want to help your employees build their retirement nest eggs. Retirement Plan Benefits For Employees. For this blog post we will focus on the 401(k). But a 401(k) is much more than an employee perk. How a 401(k) Benefits Employees.

Retirement 56

Retirement Hiring Software HR Software Planning Tools 56

DailyPay

JANUARY 11, 2022

And that new technology “replaces your check, your traditional checking account, in most cases, and soon probably your credit cards and other payment tools.”. The post Overcoming the Barriers to Innovative Payment Technology appeared first on DailyPay.

Hiring Software 52

Hiring Software Payroll Video Recruiting Compliance 52

DailyPay

OCTOBER 31, 2019

It’s good for employees who may need to access their earnings prior to payday for an emergency or to pay a bill on time. And it’s good for employers because it’s been proven to reduce turnover by up to 72% and it helps to increase recruitment, engagement and retention. Earned wage access is certainly gaining momentum in the workplace.

Compliance 52

Compliance Wage and Hour Training Payroll Retention and Turnover 52

Payactiv

APRIL 12, 2022

According to a Gallup study , employee turnover costs US businesses a trillion dollars every year. When measured in monetary terms, the direct costs of replacing an employee can range from one-half to twice their annual salary. High Employee Turnover Costs Money. The Average Cost of Replacing an Employee.

Wage and Hour Training 52

Wage and Hour Training Retention and Turnover Hiring Software Background screening 52

Zenefits

JULY 2, 2018

If you’re thinking about tossing out that personnel file on the employee who quit last week, hold off. Equal Employment Opportunity Commission (EEOC) requires you to keep all employee records for a year. And if you terminate someone, you must keep the employee’s personnel records for a year from the termination date. .

Payroll 47

Payroll Guidelines Zenefits Time and Attendance 47

Payactiv

DECEMBER 10, 2021

All too often, the only option is pulling out the credit card, taking out personal loans, or approaching a payday loan provider. Most instant cash apps will pay out very quickly and won’t require a pre-approval of your credit score, nor will they charge you any interest. That being said, there are drawbacks with some products.

Planning Tools 52

Planning Tools PayActiv Wage and Hour Training Payroll 52