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Retirees Are Re-entering the Workforce: What It Means for Employers

Zenefits

Retirement-aged employees, as well, found themselves heading for the door. The Employee Benefits News website says , “Retirement-aged employees were the first to go when COVID began.” Note, as well, that some older workers who voluntarily left the workplace are now returning. Hire smartly.

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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. Disability.

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How to Design an Employee Benefits Program Effectively

Empuls

One of the ways to achieve this is by implementing an effective employee benefits program. Employee benefits programs are an integral part of any organisation's compensation plan. In this comprehensive guide, we will explore what employee benefits, their importance, and types, and how to design an effective program.

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Payroll Costs: An Overview of Total Expenses

Zenefits

Payroll costs are all the costs that an organization needs to pay to compensate its employees for their labor. Also included in payroll costs are employee benefits, paid time off, bonuses, commissions, the employer-paid portion of payroll taxes, and the cost of administering the payroll process. Depositing tax withholdings.

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Top 4 Employee Benefit Categories That Matter Most to Employees

Zenefits

For workers, benefits are a critical factor when deciding whether to take a new job or stay with their current company. Zenefits recently polled 1,100 employees of small to medium-sized businesses about their top choices for benefits. More than half of those polled cite a retirement plan as an important benefit.

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6 Ways to Decrease Rising Employee Benefits Costs

Zenefits

In a 2021 Kaiser Family Foundation survey , “nearly 90% of large employers surveyed believe the cost of providing health benefits to employees will become unsustainable in the next five-to-10 years, and 85% expect the government will be required to intervene to provide coverage and contain costs.” Benchmark benefits.

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Does Your Employee Benefits Package Need an Overhaul in 2023?

Zenefits

As 2022 comes to a close, companies may be reassessing their employee benefits packages for the new year. It may be time for businesses big and small to look over the benefits they offer. These potential employees seek jobs with their best health and wellness interests in mind. Mental health and wellness.