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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. Types of employee benefits range, from health insurance and leave to those that promote overall job satisfaction and work-life balance. Some benefits are optional; others are mandatory.

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Why this HR leader wants a comprehensive wellbeing tech tool

HRExecutive

During the early days of the pandemic , Danny Speros was on the frontlines of making sure employees at Zenefits had the support they needed while also onboarding dozens of new employees to the HR, payroll and benefits software provider firm. I’m looking at full-time employees probably in the neighborhood of 40.

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Anti-Perks: How to Avoid Them and Get Employee Benefits Right for 2023

Zenefits

With that in mind, here are 10 perks compiled by PerkUp, a firm specializing in incentives, that scored highly with employees: Flexibility, the ability to work from home (WFH) or anywhere, and set their own hours. Career development and mentorships. Family support with childcare perks. Mental health and wellness programs.

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6 Key HR Strategies in a Recession

Zenefits

For HR professionals, this translates into prioritizing employee engagement and retention. While some firms may face potential layoffs — particularly in the technology industry — many other workplaces still struggle to keep their most valuable employees. Engage in honest and transparent communication with staff members.

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How to Build Continuous Learning Into Every Employee’s Job

Zenefits

Learn about the benefits of continuous learning for employees, and how to integrate training and development in your business operations. Why is employee training necessary? Lifelong learning for employees benefits companies in multiple ways. Employee training helps: Increase retention.

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

Zenefits

Health insurance, investment options, bonuses, and development opportunities are all additional forms of compensation that can improve the quality of your total compensation plan. Designing a stellar compensation package can help you to retain top talent, reduce the costs of turnover, and increase employee engagement.

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8 Free New Hire Checklists to Use For the Onboarding Process

Zenefits

Mentoring relationships are incredibly valuable, as they can help new employees with: Career development. Having a mentor is one of the top reasons employees stay engaged at work. Employee benefit enrollment forms. First day of work checklist for employees. Have a plan. A direct deposit form.