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Why is Compensation Planning a Critical HR Process?

Zenefits

With such a large expense account for employee compensation , a solid compensation strategy is a no-brainer. Proper compensation planning is essential to ensuring you are rewarding the right people for the right input. What are vital considerations in compensation planning? Assists you in hiring top talent.

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Is Your Compensation Fair? How to Create a Compensation Plan That Works for Everyone

Zenefits

The Society for Human Resource Management discovered that compensation and pay is the second-most contributor to job satisfaction. This means that company compensation packages, benefits and all, matter more than ever. Employees are increasingly looking for fair compensation. What is fair compensation?

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What Are Employee Benefits and Why Do They Matter?

Zenefits

In terms of human resource management, employee benefits are compensation provided in addition to base pay or wages. They’re considered part of the employer’s total compensation costs. More common offerings include health benefits, paid time off, and a retirement plan or pension plan for eligible employees.

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How to Create a Work Environment That Encourages Career Advancement

Zenefits

Supporting and facilitating professional development allows team members to work at their maximum potential. Management can create a stronger team by empowering employees through career development. Why is employee professional development significant? How can supporting career growth benefit a business?

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What Are Some of the Best Careers in HR?

Zenefits

Are you interested in exploring your options for a career in human resources? From HR coordinators to HR managers , there are many specialties to explore within the realm of HR. Get ready to discover some of the top-paying and most rewarding careers in the HR field. New challenges.

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6 Ways to Decrease Rising Employee Benefits Costs

Zenefits

Customized benefits benchmarking can deliver insight into employer trends for: Healthcare and welfare plans. Preventative health and wellness plans. Retirement savings and planning benefits. Financial and compensation benefits. Professional and career development services. Leave benefits.

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How to Craft the Right Employee Benefits Package in 2022

Zenefits

A typical benefits plan includes both the employee’s compensation and non-wage perks like health insurance and pension plans. Let’s explore what matters most to your employees in 2022 and how you can craft your benefits plan in a way that best fits their needs. What benefits matter to employees in 2022?