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Top Employee Benefits & Compensation Ideas for a Diverse Workforce

Vantage Circle

Employees are a company’s most valuable asset. So, what are you doing to appreciate your employees? Employees love benefits. Not to forget that many employees apply for organizations depending on the perks and benefits offered by that company.

2019 Benefits Trends: Employee Benefits

PlanSource

Are you curious about what’s on the horizon for benefits administration in 2019? If so, we’ve got everything you need to know in our annual Benefits Trends report. In part 1 of our 3 part series, we’ll cover everything you need to know about employee benefits trends for 2019.

Student Loan Repayment 101: The Lowdown on 2020’s Hottest Employee Benefit

PlanSource

Chances are, you’ve probably heard about student loan repayment as an employee benefit. While innovative, student loan debt repayment as an employee benefit might not make sense for every employer. — What is Student Loan Repayment as an Employee Benefits? .

3 Ways to Better Manage Employee Benefits

Namely

As a benefits professional, I frequently stumble across industry studies and insights that emphasize the critical role of employee benefits in the workplace. Whether the suggested strategies center on offering more affordable benefits or more variety, they all lead back to the overall impact of employee benefits on recruiting, retention, and satisfaction. And yes, they need a system to make benefits management easy. Benefits

What These 5 Shocking Employee Benefits Statistics Mean for Your Broker Business

InfinityHR

It’s becoming more apparent that the opportunity share for benefits brokers is rising year-over-year. 5 Shocking Employee Benefits Statistics. 12% of businesses are happy with current levels of employee engagement. Worker’s compensation insurance.

What These 5 Shocking Employee Benefits Statistics Really Mean for Your Broker Business

InfinityHR

It’s becoming more apparent that the opportunity share for benefits brokers is rising year-over-year. 5 Shocking Employee Benefits Statistics. 12% of businesses are happy with current levels of employee engagement. Worker’s compensation insurance.

7 Recruiting Trends That Will Continue Into 2019

Hacker Earth

The year 2018 saw a rise in the use of Social Media in recruitment. Social Recruiting’, a blanket term for finding talent through social media was coined in 2008. Not just this, more organizations will switch to Talent Assessment and Recruitment tools for ensuring a better candidate experience for their prospective employees. This helps the organizations lower their net expenditure on infrastructure and also increase employee efficiency.

Government Not Embracing Digital Recruiting Channels

HR Daily Advisor

A recent study found that the public sector and the private sector have very different methods of recruiting. Findings revealed that 52 percent of all respondents believe the shortage of available, qualified, and experienced job candidates remains the leading recruitment challenge.

#HotInHR: Where Was the Pilot On That United Airlines Flight? Ranking Tech Companies on Diversity, CEOs Get Big Pay Raise

HRmarketer

Every Monday we send a summary of the previous week’s funding announcements, mergers, acquisitions, and partnership news from the HR technology, recruitment, talent management and employee benefits space. Related2: Google Defends Accusations of Gender Pay Gap by Outlining Its Compensation Method. Ranking Tech Companies on Diversity,… Click To Tweet. Ranking Tech Companies on Diversity, The Gig Economy’s False Promise, CEOs Get Big Pay Raise).

2020 Guide To Recruiting & HR Events, Part 1

Entelo

You’ll find events ranging from statewide meetups and conferences happening right in your backyard, to some of the biggest HR and recruiting conventions in the nation, and even virtual summits accessible everywhere. Recruitment Agency Expo. Employee Health Care Conference: New York.

How is Total Rewards Affected by Different Generations?

HRsoft

This refers to the job’s market value, and its competitiveness in terms of geography, industry, organization, position, and recruitment/retention trends. After the recession in 2008, many organizations developed “hybrid jobs” and began creating positions around employees.

How To Use Voluntary Benefits for Recruitment And Retention

PlanSource

More than just ‘nice to have’, voluntary benefits are an important element in any well-rounded compensation package. Their flexibility, affordability and personalization make them attractive to employees, and voluntary benefits can also offer several perks for employers as well.

7 Recruiting Trends That Will Continue Into 2019

Hacker Earth

The year 2018 saw a rise in the use of Social Media in recruitment. Social Recruiting’, a blanket term for finding talent through social media was coined in 2008. Not just this, more organizations will switch to Talent Assessment and Recruitment tools for ensuring a better candidate experience for their prospective employees. This helps the organizations lower their net expenditure on infrastructure and also increase employee efficiency.

ACA's Impact on Recruiting

Cielo HR Leader

In the world of talent acquisition, one question in particular has risen to the forefront: How will health reform and the challenges that follow impact healthcare recruiting? Changes across the healthcare landscape have created a state of uncertainty, directly impacting recruiting initiatives and making the challenge of meeting business imperatives—while remaining compliant—overwhelming at best. Increasing the employee portion of dependent coverage costs (34%). Health reform.

A look back at IT recruitment in 2017 – what’s next for 2018

Hacker Earth

The year 2017 saw a rise in the use of Social Media in recruitment. Social Recruiting’, a blanket term for finding talent through social media was coined in 2008. Not just this, more organizations will switch to Talent Assessment and Recruitment tools for ensuring better candidate experience for their prospective employees. This helps the organizations lower their net expenditure on infrastructure and also increase employee efficiency.

Employee Turnover: A Major Challenge in Today’s Workforce

HRsoft

Workforce challenges vary by industry, location, and other differentiating factors, but rising employee turnover rates affect virtually all employers. Analysis of data may indicate employees with specific years of tenure are leaving.

M&A Friday! This Week’s HR Deals and Trending #HotInHR News

HRmarketer

Our weekly recap of fundings, mergers & acquisition, partnership and other interesting news from the human resource, recruitment and employee benefits marketplace. Executive Recruitment Franchising Firm FPC and Next Wave Global Announce a Strategic Partnership.

Do You Offer Life Insurance to Employees?

HR Daily Advisor

Insurance is one of the most common employee benefits employers opt to use to entice top talent to their organization. Therefore, it provides coverage for employees at a lower premium even if the cost of the premium is passed along to the employee. Tax benefits.

Surprise: Big Perks Don’t Always Equal Happier Female Employees

SAP Innovation

This past summer, a former employee called out Amazon for its inhospitable policies toward women and parents. In September, a female employee sued Microsoft for gender discrimination. When we look at all these revolutionary changes, we may conclude that companies are simply acting in their own best interest, now that the business case for diversity has been made. Companies may be reacting to a real and growing dissatisfaction among their female employees.

#HotInHR: Tech Firms Hoard Talent, Millennial Workplace Trends 2017, Creepy Employer Data Practices?

HRmarketer

Every Monday we send a summary of the previous week’s funding announcements, mergers, acquisitions, and partnership news from the HR technology, recruitment, talent management and employee benefits space. As tech firms battle to hire and hoard talented employees with huge pay packages, Silicon Valley may be changed for the worse. Learn how HRmarketer software can help your HR and recruiting brand do a better job at content marketing.

Data 59

#HotInHR: Congress Can Kill Overtime Rule, But Court Might Revive It

HRmarketer

Every Monday we send a summary of the previous week’s funding announcements, mergers, acquisitions, and partnership news from the HR technology, recruitment, talent management and employee benefits space. How General Assembly Is Helping Companies Increase Diversity, Growth in “Gig Economy” Workers Peaked in 2014). Learn how HRmarketer software can help your HR and recruiting brand do a better job at content marketing. Tags: Diversity.

New Report Offers Perspectives on 21 Topics to Help Organizations Become Destination Employers

HR Daily Advisor

Employers need to plan for more change affecting their compensation and benefit programs as competition for talent intensifies across global borders and the U.S. Ziebell, President, Employee Benefits Consulting and Brokerage. Both factors impact employee output worldwide.

The problem with employee wellness programs

Workable

Employee wellness programs are morally questionable and misguided. Instead, companies should focus on less intrusive ways to encourage wellness, and let employees manage their own health. What are employee wellness programs? sick days ) and increase employee productivity.

Voluntary Benefits: Low Cost, High Reward!

HR Daily Advisor

Voluntary benefits can have a very positive effect on recruiting and retention, and with little cost being shouldered by the employer. Multiple surveys attest to the power of voluntary benefits to attract and retain employees. Employee Benefit Trends Study.

Hot in HR: Amazon’s 30 Hour Work Week Experiment, Men Benefit From Closing the Pay Gap, Too

HRmarketer

Weekly summary of mergers, acquisitions, funding and partnership news from the HR technology, recruitment, talent management and employee benefits space. This Tech Giant Shows That Men Benefit From Closing the Pay Gap, Too – Fortune. In fact, analysis of equal pay gaps are sort of the new diversity report—in the sense that companies seem to be releasing their salary discrepancy numbers in an effort to attract and retain female employees.

HSA vs. FSA vs. WSA: Which is Best For Your Employees?

Collage

But it doesn’t have to apply to employee benefits. Employee spending accounts, including HSA or FSA options, are a hot topic in employee compensation right now precisely for their ‘golden trifecta’: flexibility, affordability, and ease-of-use. Two current trends are bringing employee spending accounts to employers’ attention. First, today’s workforce has come to expect employee health benefits as part of their total compensation package.

Hot in HR: Are They Students, or Are They Employees? Bay Area Start-Ups Find Low-Cost Outposts

HRmarketer

Weekly summary of mergers, acquisitions, funding and partnership news from the HR technology, recruitment, talent management and employee benefits space. Or are they employees? NLRB rules that graduate students are employees – Washington Post. Are They Students, or Employees?; Learn how HRmarketer software can help your HR and recruiting brand do a better job at content marketing. The post Hot in HR: Are They Students, or Are They Employees?

M&A Friday! This Week’s HR Deals

HRmarketer

Our weekly recap of funding, mergers & acquisition, and partnership news from the human resource, recruitment and employee benefits marketplace is below. million for its AI-powered recruitment service. Happy Friday.

What is Human Resources (HR)?

Workable

In an organization, Human Resources is the department in charge of all employees and employee-related operations. Based on the Human Resources definition, the HR department takes care of the organization’s most valuable asset; its employees. HR professionals make sure that employees have everything they need to perform their day-to-day tasks and they’re also responsible for creating a healthy work environment that attracts and retains qualified people. HR Recruiter.

What Are Contingent Workers?

HR Daily Advisor

In practical terms, a “contingent worker” would be any worker who is hired just for a specific job or task (a “contingent” piece of work) or time period, and who is paid just for this but does not get any benefits and is not considered to be a regular employee of the organization.

Developer Job Offer Letter template

Workable

Beyond traditional employee benefits , like paid vacation days and health insurance, consider offering perks and benefits popular among developers and include them in your offer letter. any efforts you take to build diverse teams.). open spaces for team collaboration, communal areas to interact with coworkers during breaks and private rooms if employees want to work quietly.). These benefits include: ]. Cash compensation. Employee benefits.

Sales Job Offer Letter template

Workable

Here are a few ways to create more attractive sales job offers: Create clear compensation plans with attainable goals. Compensation packages for salespeople often include performance-based commission or standard bonuses (when the entire sales team achieves quotas, or when the entire company achieves its goals.) account management, account executives) or number of sales employees. For example: Diversity. These benefits include: ]. Cash compensation.

Invest Now! Talent Acquisition and Management, the Hidden Insights in Obvious Trends

marenated HR

There are more than 12 million employers spending over $5T on payroll, benefits, and other employee programs. since 2018 and has continued to spend $310 per employee per year. (HR The Situation: This will extend to benefits, work “style,” and culture fit.

Benefits of Hiring Independent Contractors

HR Daily Advisor

Does your organization hire only permanent employees? Or does it use a mix of employees and independent contractors? Let’s take a look at the primary benefits of using independent contractors. Savings from not providing benefits (e.g., Lower recruiting costs.

M&A Friday! This Week’s HR Deals

HRmarketer

Our weekly recap of funding, mergers & acquisition, and partnership news from the human resource, recruitment and employee benefits marketplace is below. to digitize payroll and employee benefits in India. Curo Compensation Raises £1.8M Happy Friday.

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Fond of Work: An Interview with Christina Hall, SVP and Chief People Officer at LinkedIn

Fond

At LinkedIn, she empowers people to do their life’s best work and manages a global team of over 600 employees. LinkedIn is just over 16,000 employees, and we have a pretty big global footprint. I handled all of Intuit’s compensation and benefits committee work.

7 Human Resource Best Practices (A mini-guide to HRM)

Digital HR Tech

Contingent compensation. This means that HR should focus on both the needs of the organization and the ones of its employees. Contingent compensation. There is a social contract between the organization and its employees. Contingent compensation.