article thumbnail

Offer Letter Template and Guide for HR [Free Download]

Analytics in HR

Jump to the download button for your free simple job offer letter template , or free internship job offer letter template in the article. Offer retirement plans and other incentives All compelling job offers highlight additional employee benefits. Make sure you include legal so that the wording is accurate.

article thumbnail

Compensation Package: A Guide For HR (+ Free Template)

Analytics in HR

It includes health insurance, retirement schemes, vacation days, bonuses, equity shares, and additional benefits such as flexible work schedules or educational stipends. Performance bonuses: Bonuses tied to performance metrics incentivize and reward high achievers. This can include competitions, bonuses, and promotion cycles.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Outsmart Unplanned (and Costly) Employee Overtime

Insperity

Is overtime being used as an incentive or bonus without strategic oversight? Cleaning up and automating the way you handle time and attendance can bring many other benefits to your company, like better regulatory compliance. Root causes of unplanned overtime. Do you need to hire more employees? Your company culture encourages overtime.

article thumbnail

Outsmart Unplanned (and Costly) Employee Overtime

Insperity

Is overtime being used as an incentive or bonus without strategic oversight? Cleaning up and automating the way you handle time and attendance can bring many other benefits to your company, like better regulatory compliance. Root causes of unplanned overtime. Do you need to hire more employees? Your company culture encourages overtime.

article thumbnail

New DOL Overtime Rule: FAQs

Paycor

To help HR leaders prepare for the new year and mitigate risk, our compliance team answered the most frequently asked questions around the new DOL overtime rule. Q: Can employers use bonuses to satisfy part of the salary level test? Download Our Free DOL QuickStart Guide for Employers.

article thumbnail

How the SECURE 2.0 Act of 2022 benefits your workplace

Insperity

Act seeks to: Open access to 401(k) retirement plans to more people Provide greater opportunities to save Offer financial incentives to save while removing common barriers and penalties So, what does the law require of employers? .: employer-sponsored 401(k) plans. The SECURE 2.0 Major highlights of the SECURE 2.0 The SECURE 2.0

article thumbnail

How to handle compensation during uncertain times

Insperity

Adjustment of annual incentives or targets. You have the option to end bonuses that employees can earn – usually on a quarterly, semiannual or annual basis – for meeting predetermined performance criteria. It is best to make changes to annual incentives or targets well before payout for the annual incentive or target would be due.