HR Tech Girl

APRIL 19, 2024

Benefits are powerful drivers of recruitment and retention. The post Employee Benefits: Ultimate Guide 2024 appeared first on People Managing People. Use this guide to help you understand everything you need to now about them.

Employee Benefits 91

Employee Benefits Recruitment Compensation Strategy 91

Payactiv

OCTOBER 31, 2024

Turnover Rate = Number of Separations ÷ Average Number of Employees x 100 Today, modern HR software tools can automatically analyze your company’s turnover trends by month, year, or quarter. Average Turnover Rate for Call Centers in 2024 The average turnover rate in call centers is currently 30-45% per year. Let’s explore.

Hiring Software 52

Hiring Software Onboarding Software Interview Software Staffing Software 52

HR Lineup

OCTOBER 21, 2024

Employee benefits management has become increasingly complex in recent years, with professionals needing to navigate health plans, retirement packages, wellness programs, and various compliance regulations. Below are the top 10 employee benefits certifications for professionals in 2024.

Certification 65

Certification Employee Benefits HR Planning Retirement 65

Homebase

JULY 25, 2024

Budget for competitive wages to attract and retain skilled employees. General liability insurance, property insurance, and workers’ compensation are necessary to protect your business. General liability, property, and workers’ compensation insurance protect your business from potential risks and liabilities.

Planning Tools 52

Planning Tools Staffing Software Hiring Software Onboarding Software 52

Extensis

SEPTEMBER 26, 2024

Employee benefit administration and analysis In today’s hyper-competitive market, employees consider their benefits a critical component of their total compensation. PEOs help businesses manage various aspects of their HR, recruiting, employee benefits, payroll, and risk management.

HR Software 103

HR Software HR Planning Hiring Software Onboarding Software 103

Best Money Moves

MARCH 11, 2024

The 4 best benefits in 2024, according to employees. Your benefits choices go a long way toward attracting the right employees. Here are the 4 best benefits in 2024, according to employees. To evolve your benefits strategy, you need to understand what will help your employees the most.

Planning Tools 105

Planning Tools Retirement AI Recruiting Survey 105

HR Lineup

OCTOBER 20, 2024

In 2024, the HR outsourcing landscape offers a variety of providers with comprehensive solutions tailored to meet the needs of businesses of all sizes. Below are the ten best HR outsourcing services and companies to consider in 2024. Top 10 HR Outsourcing Companies in 2024 1. What is HR Outsourcing?

HR Software 78

HR Software Onboarding Software Recruiting Software Hiring Software 78

HR Tech Girl

JUNE 25, 2024

Assembling a global employee benefits package can feel like assembling a jigsaw puzzle. Learn how to navigate the process of building an enticing benefits package no matter where your employees are. The post The Ultimate Guide to Global Employee Benefits in 2024 appeared first on People Managing People.

Employee Benefits 64

Employee Benefits Compliance Training How To Payroll 64

WEX Inc.

MAY 17, 2023

Key takeaways - 2024 HSA contribution limits 2024 HSA contribution limits will increase to $4,150 and $8,300 for self-only and family HSAs, respectively. 2024 HDHP minimum deductible and maximum out-of-pocket limits also are increasing. Health savings account (HSA) contribution limits are on the rise again in 2024.

Retirement 98

Retirement Compensation Productivity Report 98

HRExecutive

DECEMBER 20, 2023

As employers look ahead to 2024, the labor market doesn’t appear to be easing much, meaning talent acquisition and retention won’t get any easier for HR leaders. However, experts say that traditional and newer benefits can play a critical role in helping attract and retain top candidates and employees.

HR Software 97

HR Software Planning Tools Survey Employee Benefits 97

HRExecutive

JANUARY 5, 2024

It’s the start of a new year , and I am mentally preparing myself for the influx of Hot Jobs of 2024 articles predicting the most sought-after roles. How about the titles: algorithmic rewards optimization engineer, cybernetic compensation planner or neurohacking rewards strategist? Fair enough. Gallagher & Co.

Trends 104

Trends AI Recruiting Compensation Paycor 104

HRExecutive

JANUARY 12, 2024

That’s the sound of 27 states implementing minimum wage increases in 2024 or in the near term via annual indexed increases or tiered jumps. 4 strategies to address minimum wage hikes Dunn says strategic compensation management requires revisiting the employer’s pay philosophy and goals. per hour for non-exempt workers. .”

Compensation 110

Compensation Wage and Hour Training Strategy Hiring Software 110

HRExecutive

SEPTEMBER 11, 2024

Advertisement - New research out this week from The Conference Board found that—of the 300 compensation leaders the organization surveyed—projected salary increase budgets for 2025 are expected to edge up about 3.9%, a slight increase from the actual 3.8% these organizations reported this year. For instance, The Conference Board’s U.S.

Compensation 109

Compensation Conference HR Software Strategy 109

HR Lineup

MAY 10, 2024

Employee turnover continues to pose significant challenges for businesses in 2024, particularly amidst evolving workplace dynamics and shifting employee expectations. Offer Competitive Compensation: Benchmark salaries against industry standards and adjust compensation packages accordingly to attract and retain top talent.

Retention and Turnover 83

Retention and Turnover Strategy Interview Software Assessment Software 83

HR Lineup

AUGUST 6, 2024

In 2024, managing the employee lifecycle efficiently is paramount for organizations aiming to attract, develop, and retain top talent. From recruitment to retirement, ELM software covers various HR processes, ensuring a seamless and efficient experience for both employees and HR professionals.

HR Software 89

HR Software Onboarding Software Hiring Software Recruiting Software 89

Analytics in HR

JUNE 5, 2024

Compensation and benefits : Entails designing programs to attract and retain top performers by offering competitive packages and perks. Benefits Manager A Benefits Manager oversees employee benefits programs, ensuring they comply with regulations and meet employee needs.

HR Software 107

HR Software Hiring Software HR Planning Onboarding Software 107

HR Digest

AUGUST 3, 2023

The survey also revealed that 22% of companies intended to cut the amount dedicated to salary increases in 2024, a significant jump from the previous year. The Crystal Ball Prediction: Average Salary Increases in 2024 So, what can workers expect in terms of salary increases in 2024? A ray of hope for workers, right?

Payscale 98

Payscale HR Planning Survey Trends 98

HRExecutive

OCTOBER 26, 2023

After years of employers hiking salaries to keep talent in a tough labor market, a new study suggests across-the-board pay raises may not be in the cards at many organizations in 2024. “Employees know this—and this type of raise will only cause resentment among staff and as we have seen, reduce retention, productivity and morale.”

Retention and Turnover 101

Retention and Turnover Survey Study Productivity 101

HRExecutive

SEPTEMBER 7, 2023

employers made bold moves this year on compensation, pushing salary increase budgets to a 20-year high, despite fears of resurgent inflation and recession, according to a WorldatWork survey released this week. all states are expected to experience a decline in 2024, which is anticipated to range from a 0.1% employers. .

Compensation 121

Compensation Survey Report Trends 121

Analytics in HR

AUGUST 13, 2024

HR processes are strategies that streamline core HR functions and support the employee life cycle. Core HR processes include recruitment, employee onboarding , training and development, performance management , compensation and benefits , employee relations , and compliance.

HR Planning 85

HR Planning HR Software Hiring Software AI Recruiting 85

Extensis

SEPTEMBER 3, 2024

ExtensisHR’s Work Anywhere® platform ties it all together by enabling SMB leaders to securely manage HR tasks like downloading paystubs, enrolling in employee benefits, connecting with customer support, and more—from anywhere, at any time. Learn more about our payroll solutions or contact our experts today to get started!

Payroll 95

Payroll HR Planning Recruiting Software HR Software 95

EmployeeConnect

AUGUST 6, 2024

This blog delves into the critical importance of compliance in managed payroll and how it benefits businesses. Understanding Payroll Compliance Payroll compliance involves adhering to all laws that govern employee compensation, tax withholdings, and benefits.

Payroll 130

Payroll Compliance HR Software Discrimination 130

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

HR Lineup

MAY 28, 2024

As we step into 2024, the landscape of employee benefits and perks is continuously evolving. These programs go beyond the traditional healthcare and retirement plans, incorporating elements that cater to employees’ holistic well-being. What are Employee Perks?

Hiring Software 76

Hiring Software Wage and Hour Training Planning Tools Employer Branding 76

Extensis

JUNE 19, 2024

Quick look: On September 4, 2024, non-compete clauses will be banned for most U.S. While this news might startle employers, several alternatives to non-compete agreements can help them stay protected and simultaneously encourage employees’ career growth. Competitive total compensation Paying staff a fair wage is a must.

Competencies 105

Competencies Wage and Hour Training Retention and Turnover Recruiting Software 105

HR Lineup

JUNE 9, 2024

It centralizes employee data and automates various HR tasks, making it easier for HR departments to handle administrative functions and strategic activities. Here, we explore the ten best employee database software in 2024, evaluating their features, benefits, and potential drawbacks to help you make an informed decision.

Hiring Software 85

Hiring Software Onboarding Software HR Software Assessment Software 85

Analytics in HR

JANUARY 5, 2024

HR uses strategies like strong employer branding , attractive compensation and benefits offerings, and carefully crafted job postings to attract top talent, hire high-potential candidates, and ensure the company has enough qualified employees to complete daily tasks and meet the long-term goals of the organization.

HR Planning 96

HR Planning HR Software Hiring Software Background screening 96

Trusaic

JANUARY 18, 2024

Subject to approval by the Mayor and Congress, the bill will take effect on June 30, 2024. Updated OFCCP compliance requirements for compensation audits are aimed at closing the gender pay gap at federal level. A wage history ban takes effect in Columbus, Ohio on March 1, 2024.

Wage and Hour Training 130

Wage and Hour Training Hiring Software Interview Software Recruiting Software 130

Analytics in HR

JUNE 19, 2024

Compensation and benefits : Salary administration, employee benefits, incentive programs, and compensation analysis. Employee relations : Conflict resolution, disciplinary procedures, grievance handling, and employee engagement. HR tip There are various HR certifications, each with its own focus.

Certification 97

Certification HR Planning HR Software Code of Conduct 97

Extensis

JULY 24, 2024

Quick look: A comprehensive total rewards strategy is just that: rewarding (for businesses and employees alike). Total rewards include compensation, benefits, well-being initiatives, and recognition, and help companies increase productivity, retention rates, and talent acquisition success.

Hiring Software 78

Hiring Software Assessment Software HR Planning Planning Tools 78

Affinity HR Group

JUNE 14, 2024

That’s some of the good news for employers in 2024. But don’t relax too much – compensation is still important. In a recent Compensation Best Practices Report published by Payscale, a majority of employers reported compensation as their biggest challenge – a bigger challenge than either recruitment or retention.

Compensation 52

Compensation Hiring Software Recruiting Software Payscale 52

Extensis

NOVEMBER 2, 2023

To reiterate the importance of benefit satisfaction, a follow-up MetLife study published in September illustrates why this topic continues to be a large part of the conversation. Here’s a closer look at what the statistics reveal and what actions brokers can take now to help their clients prepare for 2024.

Employee Benefits 78

Employee Benefits Study Planning Tools HR Software 78

Extensis

JANUARY 4, 2024

With insights from our internal experts, the ExtensisHR 2024 HR Trends Report reviews the top 10 developments expected to impact employers, from the rising use of artificial intelligence to the need to upskill current staff. Download the full 2024 HR Trends Report now. Below, we give a bird’s eye view of each trend.

HR Trends 95

HR Trends HR Planning HR Software Trends 95

EmployeeConnect

AUGUST 6, 2024

This blog delves into the critical importance of compliance in managed payroll and how it benefits businesses. Understanding Payroll Compliance Payroll compliance involves adhering to all laws that govern employee compensation, tax withholdings, and benefits.

Payroll 130

Payroll Compliance HR Software Discrimination 130

HR Trend Institute

APRIL 2, 2024

In an era of fundamental uncertainty, what should you prioritize in your HR and people 2024 strategy? But in 2024 is it still realistic to make predictions amidst constant change and uncertainty? Based on our analysis, we’ve identified five strategic priority areas for HR and people teams in 2024.

AI Recruiting 64

AI Recruiting HR Software Hiring Software Assessment Software 64

Embroker

FEBRUARY 5, 2024

Your insurance tips for 2024 are here. It’s hard to follow a month of glitter, gifts, and endless cheese – especially this year since Mother Nature has opted to kick off 2024 with deep freeze temps and relentless snow. 5 Reasons to be Optimistic About the 2024 Economy — CNN Everyone expected 2023 to be a year all about recession.

Assessment Software 52

Assessment Software Policies Industry Planning Tools 52

Empuls

AUGUST 27, 2024

Now more than ever, employee benefit packages are considered important for the unwieldy terrain of today's job market. Only those organizations that understand how to use this most powerful approach to their advantage by including comprehensive benefits in kind do well in the market for acquiring and retaining key brainpower.

Employee Benefits 40

Employee Benefits HR Planning Employer Branding Retention and Turnover 40