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Employers’ Cost to Provide Employee Benefits Has Risen 24% Since 2001, New Analysis Finds

HR Daily Advisor

employers’ cost to provide employee benefits, measured as a percentage of pay, increased 24% between 2001 and 2015, fueled largely by a doubling in healthcare benefit costs, according to a new analysis by Willis Towers Watson, a leading global advisory, broking, and solutions company. of pay in 2001 to 18.3%

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Study: Employers’ Cost to Provide Employee Benefits Has Risen 24% Since 2001

HR Daily Advisor

employers’ cost to provide employee benefits, measured as a percentage of pay, increased 24% between 2001 and 2015, fueled largely by a doubling in healthcare benefit costs, according to a new analysis by Willis Towers Watson (WTW). of pay in 2001 to 18.3% kutubQ / iStock / Getty Images Plus. of pay in 2015, a jump of 24%.

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What Is the Best Payroll Software in Canada? | Comparing the Leading Business Payroll Solutions for Canadian Companies

Rise

Rise People Rise People offers a comprehensive suite of payroll and HR features , including time tracking , benefits management , performance reviews , and an intuitive employee self-service portal. HR management : From recruiting to retirement, our sophisticated HR solution supports employees through every stage of their journey.

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Employee Engagement Calendar: Your Year-Round Roadmap for 2024-25

Vantage Circle

An employee engagement calendar is a must-have strategic planning document if you're dedicated to enhancing employee engagement. This calendar is a planned schedule of activities, initiatives, and events to keep your team motivated and connected throughout the year. What is an employee engagement calendar?

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Special Report from CareerBuilder—Changes in Workforce Composition, 2001–2014

HR Daily Advisor

Major demographic shifts in the United States since 2001 have led to a workforce that looks quite different today, according to a new report from CareerBuilder. Some of the key findings have been highlighted below. In 2014, 49% of jobs were held by women, compared to 48% in 2001. HR budget cuts? That amounts to 4.9

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Forget the Catchy Headlines – It Is Time for HR Leaders to Get Serious About Workforce Planning

CCI Consulting

a 28% quit rate in 2001 and 2010, following the 2000-2001 and 2008-2009 recessions). A significant contributing factor in 2021 is the increase in retirements with 1.5M more retirements than normal.  This article was written in 1994 by HR Magazine. Why does this matter and why should HR leaders be concerned?

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The Latest BLS Data Means that Talent Remains a Critical Imperative (i4cp login required)

i4cp

There are many factors for this, including demographics (an aging workforce), low rates of workforce participation (variously caused by early retirements, increased disability leave, long periods of stimulus payments, etc.), As shown below, that quit rate remains far above any month from 2001-2021. election) in the short term.

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