Remove Compliance Remove Employee Benefits Remove Payroll Remove Retirement
article thumbnail

From Compliance to Talent Management: The 15 Essential HR Responsibilities

Analytics in HR

Meeting compliance requirements: Legal, compliance, and administrative responsibilities 3. Employee development: Onboarding, training and development responsibilities 5. Compliance requirements: Legal, compliance, and administrative responsibilities 3. Strategic role: Strategic planning and business alignment 2.

article thumbnail

5 Employee Benefits Required by Law

Helpside

While many benefits are at the discretion of the employer, there is a set of employee benefits that are mandated by law. It is important to understand these in order to keep your company in compliance. The post 5 Employee Benefits Required by Law appeared first on Helpside.

Insiders

Sign Up for our Newsletter

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

article thumbnail

IFEBP Study Shows 40% of Companies Are Outsourcing Their Benefit Functions

Extensis

Managing employee benefits has become more complex over the years, which is why more companies are choosing to outsource these functions. A recent survey conducted by the International Foundation of Employee Benefit Plans (IFEBP) estimates one-third of companies have increased outsourcing of benefit functions in the past five years.

article thumbnail

Employee Navigator

HR Lineup

Employee Navigator is a cloud-based human resources (HR) software platform designed to simplify the management of employee benefits and compliance for businesses of all sizes. One of the key features of Employee Navigator is its benefits administration capabilities.

article thumbnail

National Employee Benefits Day 2024: Which Benefits Foster Belonging?

Extensis

Quick look: Each April, National Employee Benefits Day raises awareness of the importance of offering a strong employee benefits package. However, to make the most impact, SMB employers should carefully monitor benefits trends and their workforce’s needs year-round. Employee benefits are a big deal.

article thumbnail

Employee Cost: How to Calculate the Cost of an Employee?

HR Lineup

Benefits: These encompass various perks and protections offered to employees, including health insurance , retirement plans, paid time off, and other fringe benefits. This method is particularly useful for businesses with hourly employees or those seeking to evaluate the cost-effectiveness of different staffing models.

article thumbnail

Guide to Hiring Employees in the Bahamas

Recruiters Lineup

Employers must adhere to these standards, ensuring that employees receive fair compensation for their services. Additionally, employers should be mindful of overtime regulations, bonuses, and other forms of remuneration to guarantee compliance with the legal framework governing employee compensation.