HR Digest

APRIL 13, 2023

Managing employee benefits and compensation is an essential function for any organization that wants to attract, retain, and motivate top talent. Employee compensation and benefits are critical components of an organization’s total rewards package, which is a key factor in employee satisfaction and engagement.

Compensation 64

Compensation Bonuses and Incentives Employee Recognition Planning Tools 64

Vantage Circle

SEPTEMBER 23, 2023

In today's tough job market, businesses need to attract and keep the best employees to succeed. In 2023, employee benefits are important for businesses. Welcome to “Employee Benefits Guide for 2023: What Employers Need to Know.” Why Are Employee Benefits Important?

Employee Benefits 59

Employee Benefits Planning Tools Hiring Software Retirement 59

Extensis

SEPTEMBER 8, 2022

Proper research and securing affordable, reliable access to highly sought-after benefits is key. And open enrollment is the perfect time for business leaders to focus on how they plan to build a competitive employee benefits package. The right benefits matter. 3 ways to build a competitive employee benefits package.

Employee Benefits 97

Employee Benefits Planning Tools Retirement HR Software 97

Recruiters Lineup

FEBRUARY 2, 2024

Minimum Wage and Remuneration: Botswana has established a minimum wage to ensure fair compensation for workers. Additionally, remuneration packages often include benefits such as health insurance, leave entitlements, and other allowances, contributing to the overall well-being of the workforce.

Video Recruiting 52

Video Recruiting Hiring Software Hiring Wage and Hour Training 52

HR Lineup

FEBRUARY 1, 2024

In the dynamic landscape of human resources, managing compensation is a crucial aspect that directly impacts an organization’s ability to attract, retain, and motivate employees. Compensation goes beyond just the salary paid to employees and includes various elements designed to reward and recognize their contributions.

Compensation 62

Compensation HR Planning HR Software Bonuses and Incentives 62

Payactiv

APRIL 13, 2023

Employers can empower people to achieve financial wellness by augmenting their employee benefit programs with accessible educational and financial resources. These can include requests for pay advances, early retirement plan withdrawals or loans, and transportation trouble, which may manifest as absenteeism.

Employee Benefits 93

Employee Benefits Assessment Software Planning Tools PayActiv 93

Analytics in HR

MAY 10, 2023

These strategies may include recruitment and selection processes, employee development and training initiatives, and compensation and benefits programs. They establish metrics that align with the plan and provide regular feedback, facilitating employee improvement and contributing to achieving the company’s objectives.

Talent Management 70

Talent Management HR Software Compliance Onboarding Software 70

Extensis

MARCH 9, 2023

Benefits are a crucial part of any compensation package and shouldn’t be approached with a set-it-and-forget-it mindset. Business leaders should regularly review their offerings to keep up to date and deliver what employees want. 401(k) contributions are a common benefit and sorely missed when not available.

Employee Benefits 97

Employee Benefits Survey Planning Tools Recruiting Software 97

Netchex HR Blog

SEPTEMBER 13, 2022

When done properly, employee benefits management helps employees, as well as the company. Because employee benefits can be complicated, and you need a centralized system to manage costs and adjust policies. When it comes to benefits, both legal compliance and employee satisfaction are important.

Planning Tools 83

Planning Tools Employee Benefits Onboarding Software Hiring Software 83

Vantage Circle

AUGUST 23, 2018

Not to forget that many employees apply for organizations depending on the perks and benefits offered by that company. Business Dictionary defines Employee Benefits as the. Indirect and non-cash compensation paid to an employee. These are benefits given over and above salaries and wages.

Employee Benefits 63

Employee Benefits Compensation Diversity Hiring Software 63

Recruiters Lineup

JANUARY 15, 2024

As the global marketplace continues to expand, many companies are exploring opportunities to hire talented professionals from diverse regions. Employers must be aware of the legal limits on working hours and ensure proper compensation for overtime work. However, navigating the hiring process in a foreign country can be challenging.

Video Recruiting 83

Video Recruiting Hiring Software Onboarding Software Hiring 83

Accurate Background

SEPTEMBER 20, 2023

They’re retiring. The workforce is experiencing a seismic shift as Baby Boomers embark on their journey into retirement. The oldest boomers turned 65 in 2011, the youngest will hit 65 by 2029, and all boomers will be above the social security retirement age of 67 by the year 2031. (To So, where are the Baby Boomers now?

Retirement 52

Retirement Recruiting Software HR Software Hiring Software 52

Best Money Moves

FEBRUARY 22, 2022

DEI & Financial Wellness: Bridging the retirement race gap. Learn how the retirement race gap affects your workforce, and how your company can prevent retirement insecurity by addressing it head-on. Start with a focus on employee financial wellness and equity. What is the retirement race gap?

Retirement 98

Retirement Hiring Software Wellness Interview Software 98

Intoo USA

JANUARY 3, 2020

For instance, ensuring your company is comprised of diverse team members in terms of age, gender and race is extremely important. Moreover cognitively diverse teams can make for more success for a business long term. So, what can HR professionals do throughout the onboarding process to help employees acclimate better?

HR Planning 130

HR Planning HR Software Hiring Software Harassment 130

Intoo USA

JANUARY 3, 2020

For instance, ensuring your company is comprised of diverse team members in terms of age, gender and race is extremely important. Moreover cognitively diverse teams can make for more success for a business long term. So, what can HR professionals do throughout the onboarding process to help employees acclimate better?

HR Planning 130

HR Planning HR Software Hiring Software Harassment 130

Analytics in HR

NOVEMBER 10, 2021

A well-designed employee benefits strategy will help your organization navigate through an ever-changing candidate market. Learn how to develop a customized employee benefits strategy in this article. Contents What are employee benefits? Why does your organization need a strong employee benefits strategy?

Employee Benefits 85

Employee Benefits Strategy Hiring Software Wage and Hour Training 85

Empuls

FEBRUARY 26, 2024

From well-being to flexibility, continuous learning to personalized perks, let's understand the game-changing employee benefits trends that will take lead in the near future. The concept of flexible working recognizes that employees have diverse needs and preferences when it comes to how and where they work.

Planning Tools 40

Planning Tools Onboarding Software HR Software Employee Benefits 40

Zalaris

AUGUST 27, 2023

Thanks to innovative remuneration strategies and a whole new way of thinking about compensation, employees now have a more professional and beneficial relationship with their company. Key determinants of how people feel about their jobs and employers include other compensation and benefits components.

Compensation 52

Compensation HR Planning Employee Engagement Planning Tools 52

Workify

SEPTEMBER 23, 2022

This is where employee benefits surveys can help. What do you need to know about utilizing an employee benefits survey effectively? Why Perform a Survey on Benefits? For much of the history of employment, benefits have been viewed by companies as a perk for their workers. Influence Employee Experience.

Employee Benefits 52

Employee Benefits Survey How To Retention and Turnover 52

Tandem HR

SEPTEMBER 22, 2022

If you have any nearing retirement – this article is for you! Every day, approximately ten thousand employees reach retirement age in the U.S. Employers must manage this exodus by considering phased retirement strategies. A phased retirement program can be formal or informal. And this can pay huge dividends.

Retirement 52

Retirement Strategy HR Planning Handbook 52

Vantage Circle

AUGUST 23, 2018

Not to forget that many employees apply for organizations depending on the perks and benefits offered by that company. Business Dictionary defines Employee Benefits as the. Indirect and non-cash compensation paid to an employee. These are benefits given over and above salaries and wages.

Employee Benefits 45

Employee Benefits Compensation Diversity Hiring Software 45

Empuls

SEPTEMBER 29, 2023

When employees feel that they are in a dead-end job with no clear path to advancement, they may decide to leave in search of better prospects. The disparity between effort and compensation can lead to dissatisfaction. In an industry known for high turnover, Concentrix has managed to stand out by prioritizing its employees.

Hiring Software 40

Hiring Software HR Software Recruiting Software Staffing Software 40

EmployeeConnect

JANUARY 9, 2023

Fringe benefits are not mandatory costs employers must pay, but they may be included in the total amount of the package. It can also be called employee benefits or non-wage compensation. These are any additional compensation an employer offers employees as part of their salary package. .

HR Planning 130

HR Planning HR Software Compensation Retirement 130

Extensis

MARCH 20, 2024

Offer benefits beyond the basics Employees still require the basic benefits of health insurance and retirement savings plans. They can also implement employee assistance programs (EAPs) which offer free, confidential assessments, short-term counseling, and referrals to address both personal and/or work-related problems.

Recruiting Software 105

Recruiting Software Planning Tools HR Software Assessment Software 105

Empuls

MAY 25, 2023

Companies must go beyond traditional compensation packages and delve into the realm of comprehensive employee benefits to secure the loyalty and commitment of their employees. 🔖 Suggested Read: How to Design an Employee Benefits Program Effectively 1.

Employee Benefits 40

Employee Benefits Wage and Hour Training Examples Company 40

Empuls

APRIL 28, 2023

And one of the key factors that can make a difference for employees is the benefits they receive. Employee benefits are a crucial part of any organization's overall compensation package. Providing a comprehensive benefits package is essential for keeping employees happy, healthy, and motivated.

Employee Benefits 40

Employee Benefits Wage and Hour Training Productivity Retirement 40

ClearCompany HRM

NOVEMBER 7, 2023

50% are also facing difficulty in recruiting a diverse talent pool. The benefits of global contingent hiring include an expanded talent pool, better cultural fit, cost savings, and more. They’re working with smaller budgets for payroll and employee benefits. Skilled workers are hard to come by these days.

Hiring Software 408

Hiring Software ClearCompany Onboarding Software Hiring 408

Intoo USA

AUGUST 9, 2023

As an employer, understanding the nuances between these two employee types is paramount. Tailoring compensation strategies is vital, offering prorated wages for part-time staff while providing full-time employees with fixed incomes, health insurance, and retirement plans.

Wage and Hour Training 193

Wage and Hour Training Hiring Software Bonuses and Incentives Onboarding Software 193

Analytics in HR

JULY 31, 2023

As a function, HR covers the processes, practices, and strategies to attract, develop, and retain employees who contribute to the company’s overall success. HR is vital in aligning the organization’s business objectives and employees’ needs and aspirations.

HR Planning 56

HR Planning Resources Hiring Software Onboarding Software 56

Bob

DECEMBER 8, 2022

AARP: American Association of Retired Persons. BWC: Bureau of Worker’s Compensation. CCP: Certified Compensation Professional. CEBS: Certified Employee Benefits Specialist. C&B: Compensation and Benefits. DB: Defined Benefit. DBPP: Defined Benefit Pension Plan. EE: Employee.

HR Planning 78

HR Planning Aptitude Tests HR Software HIPAA 78

Extensis

JANUARY 4, 2024

A wave of seasoned leaders are retiring, and with just 10% of the population being natural leaders , many successors will require training to help them reach their potential in their new roles. This guidance can greatly benefit clients, as effective leadership can inspire teams, enhance company culture, and drive innovation.

HR Trends 105

HR Trends HR Planning HR Software Trends 105

EmployeeConnect

JANUARY 12, 2023

One strategy for addressing this challenge is to focus on diversity, equity, and inclusion in the hiring process. By actively seeking out and recruiting a diverse range of candidates, organizations can increase the chances of attracting top talent. Employee engagement. Compensation and benefits. Employee benefits.

HR Planning 130

HR Planning HR Software Hiring Software Onboarding Software 130

WEX Inc.

SEPTEMBER 25, 2023

Benefits are also not top of mind for many employees. Employees are often more focused on frequently used benefits such as vacation and paid off policies (PTO) rather than insurance, voluntary benefits and retirement plans. As an HR leader, how and when you communicate benefits matters.

HR Planning 98

HR Planning Strategy HR Software Planning Tools 98

Analytics in HR

SEPTEMBER 13, 2023

Skills required to earn within the 75th percentile: Human resource expertise: Solid HR knowledge of talent acquisition, performance management, compensation and benefits, employee relations, talent development, and workforce planning. They design, implement, and monitor employees’ equity and compensation plans.

HR Software 89

HR Software HR Planning Hiring Software Recruiting Software 89

PlanSource

DECEMBER 11, 2019

Chances are, you’ve probably heard about student loan repayment as an employee benefit. Many large employers have rolled this handy financial wellness perk into compensation packages as a way to attract and retain talent (notably, millennials) and provide better financial wellness support to employees across the board. .

Employee Benefits 84

Employee Benefits Hiring Software Wage and Hour Training Video Recruiting 84

HR Daily Advisor

MAY 23, 2016

ERIP stands for Early Retirement Incentive Plan. An ERIP essentially provides an incentive for eligible employees to voluntarily retire early, as the name implies. The key to successful implementation is to ensure that participation truly is voluntary, yet it’s enticing so that enough employees will utilize the ERIP.

Retirement 40

Retirement Staffing Discrimination Payroll 40

Linkedin Talent Blog

AUGUST 1, 2022

Modern perks and benefits are routinely used to keep employees happy. But the strategic use of employee perks is hardly new. In 13 BCE, Caesar Augustus gave his retiring soldiers a pension. Today’s leaders, instead, deploy benefits to attract and retain talent. Fertility treatments.

Employee Benefits 49

Employee Benefits Retirement Bonuses and Incentives Planning Tools 49