article thumbnail

HR vs. Payroll: What’s the Difference?

Zenefits

Payroll and HR often work together, but seeing where the line gets drawn can be challenging. With small teams, HR can handle payroll, making the lines even blurrier. If your organization has two separate departments or you want to create them, it’s time to learn the difference between payroll and HR. What are HR functions?

article thumbnail

Employees Want Better Benefits, Study Shows They're Willing to Leave Current Job for Better Retirement Options

Guideline

One of the top reasons small business employees leave jobs is to get access to better benefits and retirement options, according to a new study by Zenefits. Here are a few companies that help with compensation management: Anaplan Glassdoor Zenefits 2. Check out retirement plans that specifically cater to smaller firms.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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.

Payroll 36
article thumbnail

M&A Friday! This Week’s HR Deals

Advos

BenefitVision Joins US Retirement & Benefits Partners. HR and Payroll Technology Leader Ultimate Software Forms Multi-Year Partnership with Miami HEAT. Zenefits Expands Strategy to Power Insurance Brokers; Announces Groundbreaking Partnership Program, Beginning with OneDigital. HR Open Standards Consortium Announces 4.1

article thumbnail

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.” As employers sought to cut costs to cope with the economic fallout from the pandemic, many decided to begin with retirement-aged employees.

article thumbnail

What California Employers Need to Know About the 2022 Retirement Plan Deadline Mandate

Zenefits

To help California employees save for retirement, the state of California passed legislation requiring private sector employers in California to offer a qualified retirement plan. California’s retirement plan mandate: Background. California’s retirement plan mandate: Background. CalSavers: Employer obligations.

article thumbnail

The Retirement Landscape in New York, New Jersey, and Connecticut Is Changing: What Businesses Should Know

Zenefits

America’s retirement landscape is changing. Pensions are largely disappearing from the private sector, and the future of Social Security is unclear — making it difficult for many employees of small to medium-sized businesses to save for retirement. Choosing a retirement benefits package.