Accendo Technologies

SEPTEMBER 25, 2024

Written by Sheu Quen • 4 minute read • September 25, 2024 Are your employees satisfied with their compensation, or are they looking elsewhere for better offers? That’s where a competitive compensation package comes in. Our article explores the vital role that well-designed compensation packages play in retaining talent.

Compensation 52

Compensation Bonuses and Incentives Wage and Hour Training Retention and Turnover 52

Visier

AUGUST 4, 2016

An estimated 50 percent of the oil and gas industry’s workforce is set to retire in the next five to seven years, a phenomenon known as the Great Crew Challenge. Largely because one of the biggest demographic changes to the makeup of the labor market is upon us — the retirement of the baby boomer generation. Why is this happening?

HR Software 150

HR Software Planning Tools Hiring Software Workforce Planning 150

Something Different

AUGUST 18, 2015

Some employers have workforce demographics that make this less of a potential issue than others, however (such as those made up of only HCEs), making such a plan option viable.

HR Planning 100

HR Planning Retirement Discrimination Compensation 100

Visier

NOVEMBER 12, 2015

In August 2015, the need for more workforce diversity was spotlighted in a big way when President Obama issued a call to action to technology companies, encouraging them to hire more women and minorities by implementing the Rooney Rule. The need to hire diversely goes beyond dollars and cents, too.

Diversity 150

Diversity Hiring Software HR Software Recruiting Software 150

ACA Times

FEBRUARY 21, 2018

According to the court order denying the motion to preliminarily approve of the settlement, the court stated that the proposed settlement was inconsistent with the complaint, which did not seek monetary compensation, and it failed to provide damages calculations or other evidence to sufficiently show that the settlement was fair and reasonable.

Retirement 100

Retirement Comparison Compliance Compensation 100

HR Daily Advisor

NOVEMBER 28, 2014

As we head into 2015, the scope of recruiting and retention is constantly shifting, and we’d like to know a little bit more about how it’s being handled out there. More and more, engagement and retention are the watchwords of HR and compensation, and training and development are major factors. Benefits: Retirement. Dan Oswald.

Recruiting Software 47

Recruiting Software Recruitment Hiring Software E-Recruitment 47

HR Daily Advisor

NOVEMBER 22, 2016

Employers and retirement plan administrators can apply the new rates as they prepare their plans for next year and conduct nondiscrimination testing. In addition, the annual compensation limit under Sections 401(a)(17), 404(l), 408(k)(3)(C) and 408(k)(6)(D)(ii) is rising to $270,000 from $265,000 in 2016. Retirement Plans.

Retirement 40

Retirement Compensation Compliance Employee Benefits 40

Workology

OCTOBER 6, 2016

In a world where the demand for qualified knowledge workers is greater than ever before, highly-skilled professionals expect nothing less than the best from their employers when it comes to workplace benefits, compensation and development for themselves as well as their employees. Preparing for the Boomer Exodus.

AI Recruiting 96

AI Recruiting HR Planning Recruiting Software Compliance Training 96

Kazoo

OCTOBER 25, 2018

As Baby Boomers retire, the need to shape younger workers to fill available management roles grows stronger. A company can more directly quantify this by measuring employee happiness with different aspects of the job including compensation, workplace environment and role clarity.

Hiring Software 113

Hiring Software Data Training Compliance Training 113

HRExecutive

JULY 6, 2023

Advertisement - When the Dodd-Frank Act was enacted in 2010, public companies started being required to report the total compensation of their CEOs and how that compares to the pay of their median employees. in a year when the stock market was down and average employee compensation rose 4.8%.

Compensation 97

Compensation Adobe Report Retirement 97

ForUsAll

DECEMBER 10, 2018

That means lots of people now have the opportunity to save even more for their retirement - something we love. The total 401(k) retirement contribution limit (employee elective deferrals + employer contributions) has been raised from $55,000 to $56,000. What Changed - Compensation Thresholds. (Or, almost everyone).

Retirement 74

Retirement Planning Tools Payroll HR Software 74

HR Daily Advisor

DECEMBER 7, 2017

Either type of corporation may claim a deduction of up to 25% of eligible participant compensation for contributions used to repay the principal on an ESOP acquisition loan. The ESOP benefit provides the employees with additional retirement income when they are ready to retire. How Does an ESOP Benefit Watkins Ross’s Employees?

Retirement 0

Retirement Compensation Groups Company 0

Kazoo

OCTOBER 25, 2018

As Baby Boomers retire, the need to shape younger workers to fill available management roles grows stronger. A company can more directly quantify this by measuring employee happiness with different aspects of the job including compensation, workplace environment and role clarity.

Hiring Software 100

Hiring Software Data Training Compliance Training 100

ExactHire

AUGUST 10, 2018

Economic recessions have masked this problem in the past, but as manufacturing production continues to increase, technology efficiencies will be unable to compensate for a shortage of skilled labor. Because of this skills gap and a predicted increase of 3.4

Hiring Software 130

Hiring Software Onboarding Software Recruiting Software Compliance Training 130

HR Daily Advisor

FEBRUARY 12, 2015

Top 10 Compensation Mistakes. There’s a lot of free data on compensation out there, says Faurote, but that doesn’t mean it’s reliable—don’t let it be used against you. Employers see compensation as an expense and not an investment. Employers try to solve all management problems with compensation. A Perfect Storm.

Compensation 40

Compensation Hiring Software HR Planning Planning Tools 40

Decusoft

APRIL 6, 2021

Are you new to the Executive Compensation management field? Do you want to ensure that you have the fundamental knowledge necessary to establish Executive Compensation plans that will help to attract, motivate and retain the talent necessary to achieve your corporate objectives? Presented by: Joseph Sorrentino and Steven Hall Jr.

Compensation 52

Compensation Bonuses and Incentives Metrics Planning Tools 52

Ceridian

JANUARY 3, 2017

2015 was the year Frozen entered our household. In an economy where budgets remain tight, companies are searching for ways to attract and retain top talent when large compensation increases may not be an option. You might not have the budget to give your top employees the compensation package of their dreams, but you might not have to.

Talent Experience 84

Talent Experience Ceridian Talent Management Time and Attendance 84

ForUsAll

MARCH 11, 2019

Taken as a percentage of the assets, over time, they can add up to a HUGE chunk of change that can take years off of your or your employees' retirements. A 2% fee doesn’t sound like daylight robbery, but over 35 years, that little fee can consume up to half of your retirement earnings. Of course, easier said than done.

Retirement 75

Retirement Benchmarking Analysis Payroll 75

Digital HR Tech

NOVEMBER 7, 2019

Pawar and Charak (2015) define the employee value proposition as the one of a kind arrangement of benefits an employee gets consequently for the skills, capabilities, and experience they convey to an organization. Compensation. Fair and performance-based compensation is one of the 7 HR best practices. Image source.

Video Recruiting 86

Video Recruiting Examples Employer Branding Compensation 86

Ask a Manager

JULY 22, 2022

At one time I was just hoping to work until I could qualify for Medicare and retire. Now I’m planning to stay as long as they’ll keep me, I can actually see working there until I ‘have’ to retire. When I have been in the office they have free snacks and newspapers in the break room. Got promoted, etc.

Retirement 99

Retirement Compliance Training Training Industry 99

HR Daily Advisor

AUGUST 14, 2017

Benefits programs from employers have long helped employees prepare for retirement and be ready for emergencies. The approach helps employees feel confident about their finances and the employer by cutting the number of people tapping into their retirement accounts or retiring later. more in workforce costs; at 2 years, it’s 2.2%

Wellness 55

Wellness Retirement Planning Tools HR Software 55

Zenefits

JUNE 11, 2017

Per the IRS for 2015 and 2016, to qualify as an HDHP, the plan’s deductible needs to be at least $1,300 for individuals and at least $2,600 for families. The 2015 FSA contribution limit is $2,550. The 2015 HSA contribution limit for individuals is $3,350. This article was originally published on September 10th, 2015.

Zenefits 66

Zenefits Payroll Comparison Retirement 66

Analytics in HR

NOVEMBER 2, 2021

Involuntary turnover includes actions such as dismissal, layoffs, retrenchments, retirement. Review your compensation and benefits program – You need to keep it in line with the competitors and continuously adapt it. The difference here is the decision-maker. Involuntary = Decision made by the employer.

Retention and Turnover 98

Retention and Turnover Hiring Software Interview Software HR Software 98

Zenefits

JUNE 7, 2022

Inflation is not only fueling price increases; it’s also requiring employers to pay more in penalties for not complying with benefits laws under the Employee Retirement and Income Security Act of 1974 (ERISA). HHS’s penalties increase annually under the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015.

HIPAA 68

HIPAA Compliance Wage and Hour Training Retirement 68

Precheck

JULY 11, 2017

Millennials currently earning higher degrees in healthcare understand endless opportunities await them, especially as preceding generations retire from the field and the demand for care rises. To capitalize on this, talent recruiters and healthcare employers must know what they’re searching for and how to provide it to them.

Recruitment 68

Recruitment Bonuses and Incentives Retirement Career Development 68

Unicorn HRO

DECEMBER 26, 2017

According to Glassdoor’s 2015 Employment Confidence Survey, about 60% of people report that benefits and perks are a major factor in considering whether to accept a job offer. Employees, both male and female, want to be compensated fairly for their skills but salary is not the single most determining factor in their decision making.

Recruiting Software 61

Recruiting Software Planning Tools Workday Employee Recognition 61

Workable

FEBRUARY 1, 2016

A quarter of all working Americans now in their 20s will suffer a period of short-term disability before they retire. A significant percentage of the workforce will be in need of short-term disability leave and US law (with the exception of six states ) doesn’t guarantee any compensation. An opportunity to attract top talent.

Policies 59

Policies Handbook Compensation Retirement 59

HR Daily Advisor

JULY 6, 2017

Depleting funds means it will be harder to compensate for shortfalls with investment returns. Jane Meacham is the editor of BLR’s retirement plan compliance publications. Lump-sum distributions may gain attention. Uses for Mortality Tables. She has nearly 30 years’ experience as a writer/editor of financial services news.

Retirement 58

Retirement Compensation Compliance Policies 58

Paycor

MAY 11, 2016

One goal of making certain payments pre-tax is to provide incentive for people to plan ahead for various life events, such as retirement and medical expenses. Retirement savings. Every dollar placed into one of these retirement savings plans reduces an individual’s taxable income by an equal amount. Common Pre-Tax Deductions.

HR Planning 40

HR Planning Paycor Retirement Planning Tools 40

Sage HRMS

MARCH 14, 2016

There were a lot of adjustments made in 2015 to take into account the enactment of particular provisions of the Affordable Care Act. percent of their compensation to Social Security. percent of their compensation in taxes. For those employees exceeding $200,000 in compensation, there is an additional 0.9

Retirement 40

Retirement Compensation Payroll Resources 40

Compensation Today

APRIL 8, 2015

These changes are slated to take effect July 1, 2015. A living wage, not a minimum wage Nearly two years ago, McDonald’s employee Nancy Salgado crashed a meeting at the Union League of Chicago where (now retired) McDonald’s USA President Jeff Strattan was speaking to inform him (and anyone else within earshot) that her hourly wage of $8.25

Wage and Hour Training 40

Wage and Hour Training Compensation Retirement Report 40

HR Daily Advisor

AUGUST 3, 2017

In April, the Internal Revenue Service (IRS) published guidance clarifying the definition of highly compensated employees (HCEs), a key concept for nondiscrimination testing of both retirement plans and cafeteria plans. The prior year for determining HCE status would be October 1, 2015 – September 30, 2016.

Compensation 43

Compensation How To Retirement Immedis 43

HR Morning

APRIL 8, 2016

Now one 401(k) administration provider has rolled out a new plan feature that aims to combine student loan repayment with retirement savings. Prudential Retirement has teamed up with Student Loan Genius, a firm that facilitates loan repayment options, to offer a new 401(k) contribution feature for plan sponsors.

Retirement 40

Retirement Planning Tools Compensation Study 40

New to HR

FEBRUARY 23, 2016

Financial stress has a significant impact on both the physical well-being of employees and their workplace productivity ,” says a 2015 Alliant Credit Union report into employee financial wellness in the workplace. 52% had medical and healthcare planning schemes in place, while 44% provide confidential employee finance self-assessments.

Wellness 40

Wellness HR Planning Retirement Compensation 40

Vantage Circle

NOVEMBER 30, 2022

According to SHRM's survey , compensation or pay is one of the top 3 drivers of job satisfaction. Thus, when you see your people going above and beyond for the job, don't shy back from compensating them fairly for their efforts. Retirement planning services. PTO is any time off that is compensated by an employer.

Bonuses and Incentives 93

Bonuses and Incentives Planning Tools Assessment Software HR Software 93

Compensation Today

MAY 5, 2015

These include health care, retirement benefits, and paid time off. Communicate the package According to PayScale’s 2015 Compensation Best Practices Report, 38 percent of employers provide total rewards statements for their employees. Group Benefits. Work-Life Benefits.

Assessment Software 40

Assessment Software Compensation Comparison Retirement 40

HR Daily Advisor

MARCH 11, 2015

Before you start thinking about total reward statements, Rubino says that other basic compensation program objectives should be met. A compensation program must be: Internally equitable. Need to revisit your compensation plans for 2015 but don’t know where to start? Externally competitive. Affordable. Learn More.

Payscale 40

Payscale Background screening Bonuses and Incentives Compensation 40