Payactiv

DECEMBER 26, 2023

For HR leaders, the end of the year brings more than holiday celebrations and employee performance reviews. Planning and administering employee benefit programs is a daunting task on their year-end to-do lists. What’s a Benefits Plan Checklist and Why Does It Matter?

Employee Benefits 52

Employee Benefits PayActiv Planning Tools Assessment Software 52

HR Digest

MAY 13, 2023

Employee Stock Ownership Plans (ESOPs) and 401(k) plans are both popular retirement savings plans, but there are some key differences between the two. This article compares ESOPs and 401(k)s in terms of funding, investment options, risk, tax benefits, and other factors.

Retirement 52

Retirement Planning Tools Assessment Software Comparison 52

ExactHire

OCTOBER 12, 2022

Employees are on edge as they seek to pay bills and save for retirement. Long Term Incentives include stock options and 401k (profit) / 403b (nonprofit) retirement plans. Take an intrinsic look at your employee team, and collect feedback from them as to what they seek. Rent up 5.4% (largest increase since 1987).

Compensation 243

Compensation Bonuses and Incentives Hiring Software Recruiting Software 243

Vantage Circle

SEPTEMBER 16, 2021

In other words, an ESOP plan is an employee benefit program , somewhat similar to a profit-sharing plan. The company shares the profit with the employees in a profit-sharing plan , but they do not own the stocks. In an ESOP plan, the employees own these stocks, which are sometimes turned into an individual retirement account.

Planning Tools 52

Planning Tools Retirement Hiring Software Staffing Software 52

Ongig

JULY 26, 2022

This article digs into why employee benefits are important for attracting and retaining talent — more specifically related to employer branding. Employer branding (EB) is your reputation with your current employees (and the general public), especially job seekers. Benefits to boost your reputation.

Employer Branding 52

Employer Branding Employee Benefits HR Software Planning Tools 52

Prism HR

OCTOBER 22, 2019

It’s your responsibility to ensure your employees are paid on time, stay safe throughout the workday, and have access to benefits like workers’ compensation, health insurance, and 401k. Can I use a PEO for benefits? Employee benefits most frequently added by new PEO clients from The ROI of Using a PEO (2019) by NAPEO.

Wage and Hour Training 56

Wage and Hour Training Hiring Software Staffing Software Onboarding Software 56

HRExecutive

MARCH 8, 2024

Ongoing high inflation and uncertain economic conditions are making such salary increases especially critical for employee experience, says Amy Mosher, isolved’s chief people officer. Improve employee finances, improve employee experience?

Isolved 117

Isolved Talent Experience HR Software Recruiting Software 117

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

Guideline

AUGUST 31, 2023

Whether you're an employee planning for your future or an employer supporting your team's road to retirement, we've got you covered. In this post, we'll tackle some of the most commonly asked questions about retirement. For a more in-depth dive on this topic, check out our guide to rebalancing your 401(k).

Retirement 98

Retirement Bonuses and Incentives Guidelines Planning Tools 98

Workable

MARCH 27, 2019

Employee benefits have become an essential part of any competitive compensation package. From law-mandated insurance to free snacks, benefits and perks can play a big role in talent attraction and employee retention. Why do employers offer benefits to employees?

Employee Benefits 79

Employee Benefits Wage and Hour Training Hiring Software Planning Tools 79

6Q

JANUARY 22, 2023

When designing your compensation package, consider what benefits would be valuable to your employees. Many companies offer 401k plans, health insurance, paid leave policies, etc. The idea behind these benefits is to give employees something tangible to gain from working at your business. Do you offer overtime pay?

Compensation 105

Compensation Bonuses and Incentives Strategy Retirement 105

Extensis

APRIL 27, 2022

Employees have made it clear they want to work somewhere they can invest in their future. As a result, it’s no surprise the tried-and-true 401k plan continues to reign as one of the most competitive benefits, leading many SMB leaders to consider them for the first time. How employers benefit from offering 401k plans.

Planning Tools 52

Planning Tools Hiring Software Retirement Recruiting Software 52

HR Digest

APRIL 11, 2022

workers with at least one retirement account, almost 21% of Americans who quit their job during the epidemic cashed out their 401(k). On the other hand, financial advisers often advise workers to avoid taking early withdrawals from their retirement plans in order to allow the money to grow for when they do retire.

Retirement 52

Retirement Study Meeting Wellness 52

Business Management Daily

MARCH 21, 2022

It is one of the most highly regulated employee benefits. Small businesses can often feel like a family, as you may spend years or even decades growing your business with your loyal employees. 401(k)s allow employees to set aside a percentage of their salary to plan for their future retirement. What is a 401(k)?

Retirement 52

Retirement Compliance Immedis Compensation 52

Zenefits

FEBRUARY 13, 2023

Other suggestions include adjusting deductibles for company-provided healthcare plans , adjusting contributions to the 401k retirement plans, contributions to health savings accounts, life or disability insurance coverage, and even considering tuition reimbursement. One of the options is offering elder care subsidies instead.

Employee Benefits 36

Employee Benefits Hiring Software Assessment Software Planning Tools 36

Tandem HR

AUGUST 28, 2018

Employee benefits can make or break your work atmosphere. If you offer the bare minimum, your top employees are almost certain to check out the competition and see if the grass is greener. When offering benefits to your employees, it’s all about finding a happy balance. 401K/Retirement.

Employee Benefits 40

Employee Benefits Retirement Policies HR Software 40

GuideSpark

SEPTEMBER 10, 2014

Your employees are dreaming up the perfect retirement. According to the August 2014 Charles Schwab 401(k) Participant Survey , a 401(k) is the top must-have benefit after health insurance when people are looking for a new job. Step 1: Set Your 401(k) Plan Benefit Communication Goals. The “math” behind retirement savings.

Employee Benefits 64

Employee Benefits Planning Tools Retirement Hiring Software 64

ACA Times

AUGUST 10, 2016

Form 5500 Annual Return/Report of Employee Benefit Plan and Form 5500-SF Short Form Annual Return/Report of Small Employee Benefit Plan may be receiving some changes effective January 1, 2019 should the Department of Labor’s proposed revisions be passed.

Retirement 100

Retirement Report Groups Employee Benefits 100

Flimp Communications

FEBRUARY 19, 2020

Preparing for retirement in your twenties? To some millennials , retirement may not even seem real because it’s so far away. But there are major benefits to saving your pennies and getting a handle on financial wellness from an early age. According to a report from the National Institute on Retirement Security , 66.1%

Retirement 53

Retirement ATS Planning Tools HR Software 53

Best Money Moves

APRIL 17, 2019

Retirement concerns: is financial literacy the solution? Those workers that do have a 401k aren’t saving enough to cover expenses in retirement, even when employers match contributions. Americans Are Not Saving Enough for Retirement. Can Financial Literacy Solve Retirement Concerns? Nearly half of U.S.

Retirement 75

Retirement Assessment Software Planning Tools Wellness 75

TalentCulture

MARCH 29, 2017

Every time they do, saving for retirement gets a little tougher. Even after six years, those employees were left floundering because their employers’ contributions weren’t “theirs” yet. Even after six years, those employees were left floundering because their employers’ contributions weren’t “theirs” yet.

Employee Benefits 40

Employee Benefits Hiring Software Bonuses and Incentives Retirement 40

Zenefits

JUNE 3, 2022

May offer and/or administer payroll, training, certification, and employee benefits, including health care coverage, paid time off, and 401k retirement plans. Gets to know the candidates through interviews. provides client companies with feedback, and rules out disinterested candidates.

Staffing Software 36

Staffing Software Staffing Hiring Software Hiring 36

Decusoft

APRIL 1, 2021

This is the budget allocation for specific costs related to compensation like benefits, salary, 401k, and bonuses. Employee compensation is the largest component of an organization’s total labor costs. Employee benefits can account for as much as 70% of an organization’s overall costs, according to Deloitte analysis.

Compensation 98

Compensation Bonuses and Incentives Strategy HR Planning 98

Homebase

SEPTEMBER 13, 2021

The Employee Retirement Income Security Act of 1974 (ERISA), was put in place to protect retirement assets accrued by workers in the United States. The goal is to ensure businesses do not misuse assets they put in place to benefit employees. ERISA covers the vast majority of retirement plans. Get started.

Retirement 52

Retirement Planning Tools Hiring Software HR Software 52

UpstartHR

APRIL 18, 2016

Wellness as an employee benefit has expanded in the last year or two to include more than just the physical aspect–it now wraps in financial, emotional, and other types of wellness as well. Cost of Living Impacts In retirement, Americans fear the rising cost of living. The results were shocking.

Wellness 100

Wellness Retirement Study Time and Attendance 100

Paycor

NOVEMBER 15, 2019

Employee Benefits Packages: Foundational to Workplace Satisfaction. While a competitive salary is an essential part of attracting top talent, in today’s hot hiring market, the employee benefits package is just as important. Historically, offering health insurance and a 401k were the expected aspects of a benefits package.

Retirement 40

Retirement How To Employee Benefits Workday 40

Guideline

JULY 28, 2023

While offering a 401(k) may feel like a no-brainer for many businesses, for others, challenges like plan administration and compliance testing can make retirement benefits feel complicated and unmanageable. ¹ In exchange, they require companies to contribute to their employees' 401(k) accounts — usually via a match.

Guidelines 52

Guidelines HR Planning Planning Tools Recruiting Software 52

Zenefits

JANUARY 8, 2020

For most workers, their 401(k) retirement plan and Social Security (FICA) contributions are the financial safety net they will rely on when they reach retirement age. What is a 401k plan? In short, a 401(k) is a company-sponsored, defined contribution plan that allows employers to set aside pre-tax dollars for retirement.

Retirement 41

Retirement Payroll Compliance Compensation 41

ForUsAll

MAY 8, 2019

Focused on the unique needs of the small business market, these 401(k) providers strive to make high-quality, low-cost retirement plans accessible to all – not just Fortune 500 companies. Ubiquity Retirement: Reviews, Media Endorsements, and More. Employee Fiduciary: Reviews, Media Endorsements, and More. Ease-of-Use.

Planning Tools 76

Planning Tools HR Software Retirement Guidelines 76

eni

OCTOBER 18, 2018

Millennials are managing high-interest student loans, Gen X employees may still be struggling with mortgage payments as their children become teenagers, and some Baby Boomers are postponing retirement due to savings concerns.

Planning Tools 170

Planning Tools Talent Experience Compliance Training Retirement 170

Payactiv

DECEMBER 16, 2022

Key points: Understand the difference between 401k, Roth, and IRA. Inquire about financial wellness benefits like Earned Wage Access (EWA). Be honest: Do you completely understand your employer’s benefits package? Reading the fine print and understanding your benefits package can be tedious and time-consuming.

PayActiv 52

PayActiv HR Planning Wage and Hour Training Retirement 52

BambooHR

MARCH 25, 2015

As he neared retirement age—just months before he died of cancer but before he knew he was ill—that company decided he […]. The post Retirement: Appreciating Employees Until They’re Ready to Move on appeared first on BambooHR Blog. He used to employ me as a child to do some filing for him when I needed some extra cash.

Retirement 40

Retirement BambooHR Employee Benefits Resources 40

InfinityHR

SEPTEMBER 13, 2019

Did you know that there is a rising trend within workforce benefits that includes supplementing traditional employee retirement options such as 401k, 403(b) SEP and more with a Health Savings Account (HSA)? HSA vs 401k benefits. The benefits management process is always ongoing. Let’s learn more.

HR Software 40

HR Software Planning Tools Onboarding Software Retirement 40

Extensis

JUNE 2, 2022

Here’s what’s important to this generation and how you can help your clients tailor their benefits plans to match. According to Metlife’s 2022 Employee Benefit Trends report , health-related benefits are essential to Gen Z, including health insurance, dental insurance, and vision coverage. Be sure to cover the basics.

Planning Tools 97

Planning Tools HR Software Compliance Training Employee Benefits 97

Zenefits

SEPTEMBER 6, 2018

An astonishing two-thirds of millennials have no retirement savings, according to a recent study by the National Institute on Retirement Security. What’s more, even though 66 percent of millennials work for employers who offer 401k programs , only 34.3 Millennial employee access to 401k programs. So what gives?

Retirement 35

Retirement Trends Zenefits Study 35

HRExecutive

MARCH 25, 2021

It also allows employees to schedule PTO and to convert it, depending on what the employer offers, directly from the platform into retirement account deposits, student loan payments or emergency cash. PTO hours converted: This shows how your employees are using their PTO and could reveal data to help HR improve employee experience.

HR Software 80

HR Software Planning Tools Company Retirement 80

Mercer

APRIL 27, 2016

Many employees are relying on your company's 401k to help them save for retirement. For the majority of Americans, the 401k is the only retirement savings they have. That's why it's important to make sure you're maximizing your 401k for your employees.

Benchmarking 40

Benchmarking Retirement Company Employee Benefits 40