Netchex HR Blog

JUNE 3, 2020

At least 75% of the forgiven amount must have been used for payroll costs specifically (see next section for specifics). As defined under the PPP, payroll costs include: Employee gross pay including salary, wages, commissions, bonuses, and tips (capped at $15,385, which represents the 8-week value of the annualized $100,000 cap).

Staffing Software 66

Staffing Software Payroll Bonuses and Incentives HR Software 66

Insperity

SEPTEMBER 14, 2021

As a co-employer, the PEO you choose will ultimately take responsibility for payroll processing, providing workers’ compensation insurance coverage, providing an employee benefits package and a host of other sensitive human resources (HR) and administrative tasks. How are healthcare benefits funded? The greatest value.

HR Planning 88

HR Planning Background screening How To Compliance Training 88

Analytics in HR

DECEMBER 22, 2023

One of the first things employees look at before even receiving a job offer is their compensation package. of employees rank compensation as the top factor in job satisfaction. So, how do you craft a total compensation package that resonates with a diverse workforce? Contents What is a compensation package?

Compensation 109

Compensation Bonuses and Incentives HR Software Hiring Software 109

Payactiv

APRIL 22, 2022

Learn more about the four big benefits of offering earned wage access to your call center employees. A recent Korn Ferry survey of professionals finds the number one reason workers quit, at 30%, stems from a reevaluation of their priorities in light of the COVID-19 pandemic. Part-time benefits. Download Now. The Big Picture.

Staffing Software 52

Staffing Software Staffing Industry Recruiting Software 52

Digital HR Tech

NOVEMBER 11, 2019

Compensation and benefits refer to the benefits a firm provides to its employees in exchange for their labor. Compensation and benefits are thus a key part of Human Resource Management. In this article, we will provide you with a full guide about compensation and benefits. Benefits cover indirect pay.

Compensation 106

Compensation COMPAS HR Planning Retention and Turnover 106

Recruiters Lineup

JANUARY 22, 2024

Minimum Wage and Compensation: Armenia has regulations stipulating a minimum wage that employers must adhere to. Employers are obligated to pay their employees at least the established minimum wage, and failure to comply with this requirement can result in legal consequences.

Video Recruiting 15

Video Recruiting Hiring Software Assessment Software Interview Software 15

Recruiters Lineup

JANUARY 24, 2024

Minimum Wage and Compensation: Bahamian employment laws dictate the minimum wage rates, which are crucial considerations during the hiring process. Employers must adhere to these standards, ensuring that employees receive fair compensation for their services.

Video Recruiting 66

Video Recruiting Hiring Software Hiring Wage and Hour Training 66

HiBob

FEBRUARY 28, 2024

Competitive compensation and benefits like these are fundamental to attracting and retaining top talent, meeting a team’s needs, keeping people engaged, and fostering a healthy working environment. In this blog post, we’ll take a look at why in today’s tight economy and labor market, it’s vital to get your benefits right.

Compensation 78

Compensation Employee Benefits How To HR Software 78

Flimp Communications

APRIL 7, 2020

Several industries have workers striking (or threatening to strike) over working conditions, employee compensation and leave or healthcare benefits. No one can doubt that healthcare workers and those in industries like grocery stores are valued right now, both by their employers and society at large.

Compensation 78

Compensation HR Planning Policies Immedis 78

Achievers

AUGUST 4, 2022

Salaries matter, but if given the choice between working at an organization that offers higher pay and one with a reputation for providing a variety of exceptional incentives and other forms of recognition, many employees would choose the latter. Total rewards doesn’t just pertain to financial compensation ? Financial compensation.

Recruiting Software 194

Recruiting Software Planning Tools Onboarding Software Bonuses and Incentives 194

Intoo USA

DECEMBER 1, 2022

After all, remaining employees may feel the organization doesn’t have their best interests at heart if colleagues are let go without official notice by way of a letter, which may lead to unhappy reviews about the company from ex-employees and resentment/uncertainty building within the remaining workforce. .

Outplacement 205

Outplacement HR Planning Time and Attendance Compensation 205

HR Digest

APRIL 13, 2023

Managing employee benefits and compensation is an essential function for any organization that wants to attract, retain, and motivate top talent. Employee compensation and benefits are critical components of an organization’s total rewards package, which is a key factor in employee satisfaction and engagement.

Compensation 64

Compensation Bonuses and Incentives Employee Recognition Planning Tools 64

Intoo USA

OCTOBER 24, 2019

Severance pay, also referred to as post-employment compensation, gap pay, or a separation package, is rarely a fun topic to discuss—no matter what your company calls it. Typically, severance pay is money given to an employee at the time of a layoff or termination. Standard agreements usually max out at a total of 26 weeks.

Outplacement 130

Outplacement Interview Software Compensation Policies 130

Compensation Today

JULY 26, 2017

Employee Compensation Report , which enables managers to communicate with employees about their total compensation reports. This report — and other forms of total compensation statements — is a crucial tool for employee compensation communication and pay transparency. DON’T: Wait for the increase cycle to do so.

Compensation 62

Compensation Report Payscale Bonuses and Incentives 62

Best Money Moves

JANUARY 29, 2020

It has a lot more to do with professional development than it does compensation. These are the top five reasons for quitting a job, at any age as a man or as a woman: . Offer better benefits.”. Compensate based on merit.”. Offering Child Care Benefits to Employees. No Progression. Address harassment.”.

Harassment 106

Harassment Compensation Survey Discrimination 106

Best Money Moves

MARCH 11, 2024

To ease the financial burden, employees look to their compensation packages for support. The study from Forbes Advisor shows that 67% of employees and 68% of employers believe healthcare to be the most important benefit. According to Forbes Advisor, a third of employees surveyed named mental health programs as a top benefit.

Planning Tools 105

Planning Tools Retirement AI Recruiting Survey 105

Vantage Circle

SEPTEMBER 8, 2021

As a leader, compensation planning is one of the skills you will need to master. One of the most important aspects of organizational planning is having a compensation plan that rewards employees and provides competitive pay. The bottom line is that the better your compensation strategy is, the better your retention rates.

Compensation 52

Compensation HR Planning Planning Tools Wage and Hour Training 52

ACA Times

JANUARY 29, 2020

The settlement resolves the case and provides compensation to the roughly 1,200 current and former full-time employees of Dave & Buster’s who are part of the class action lawsuit in two sub-classes; (1) those that lost hours & benefits, and (2) those that lost hours & benefits eligibility.

Compliance 100

Compliance Retirement Comparison Compensation 100

Zenefits

JUNE 13, 2022

When it comes to benefits, healthcare is at frequently the top of the list. Forty percent of employees surveyed chose healthcare benefits over competitive salaries, retirement plans, or bonuses. Nearly 3/4 of the 1,000 workers surveyed listed healthcare in their top 3. Expect higher costs. Any of the above.

Planning Tools 36

Planning Tools Onboarding Software Payroll Benchmarking 36

PeopleStrategy

SEPTEMBER 24, 2019

Adding the New Benefits solutions to traditional healthcare benefit plans PeopleStrategy offers will help its clients reduce absenteeism, reduce healthcare spend and offer a more attractive compensation package. Learn more at peoplestrategy.com. Learn more at newbenefits.com. Contact Information.

HR Software 20

HR Software Onboarding Software Planning Tools Recruiting Software 20

Intoo USA

OCTOBER 24, 2019

Severance pay, also referred to as post-employment compensation, gap pay, or a separation package, is rarely a fun topic to discuss—no matter what your company calls it. Typically, severance pay is money given to an employee at the time of a layoff or termination. Standard agreements usually max out at a total of 26 weeks.

Outplacement 100

Outplacement Interview Software Compensation Policies 100

HRExecutive

FEBRUARY 24, 2020

It’s long been the status quo that employers are the source of healthcare and healthcare information,” says Kate Brown, leader of the Center for Health Information at Mercer. “So, 1 choice, followed by telemedicine (52%), an app to find healthcare providers (45%) and then wearable technology (44%). Advertisement.

HR Software 128

HR Software Conference Survey Strategy 128

Analytics in HR

MAY 23, 2022

Employee-centric culture benefits organizations in many ways, from improved productivity and retention to serving their customers better. Let’s dive into the definition and benefits of an employee-centric culture, plus explore how to foster such a culture at your organization. Benefits of an employee-centric culture.

Hiring Software 142

Hiring Software HR Software Interview Software Planning Tools 142

Zenefits

MARCH 31, 2020

Marriott announced it will furlough tens of thousands of its workers, taking them temporarily off the payroll, but letting them maintain their healthcare benefits. For salaried employees furloughs will need to be in blocks of at least 1 week each. Healthcare benefit continuation: furloughed vs. laid off.

Payroll 88

Payroll Guidelines Groups Compensation 88

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

Analytics in HR

FEBRUARY 10, 2023

The types of employee benefits an organization provides carry weight in today’s employment market. Compensation on its own is not enough to engage employees and attract job seekers who now expect more comprehensive rewards for their work. Which benefits an organization offers will vary according to its business situation and location.

Employee Benefits 116

Employee Benefits HR Software Wage and Hour Training Planning Tools 116

HRExecutive

MARCH 28, 2023

Companies across corporate America are busy retooling their employee value proposition to combat a talent shortage that looms large with unemployment at historic lows and on track to remain so for decades to come. He added that looking at EVP is just as important as, if not more so, looking at the total rewards and benefits side of the house.

Compliance Training 105

Compliance Training HR Software Talent Experience Survey 105

Vantage Circle

AUGUST 21, 2022

One-Day Workshops: Whether online or in-person, conducting one-day workshops at frequent intervals can help the team learn effective sales tactics. Tip 5: Develop a Competitive Compensation Policy. Creating a competitive compensation plan can help. Compensation comprises salary, commission, hourly wages, and bonuses.

HR Planning 93

HR Planning Planning Tools Hiring Software HR Software 93

Extensis

AUGUST 18, 2022

For many businesses, the shift has led to a complete overhaul in their healthcare benefits programs, or at least a need for further evaluation, which has kept professional employer organization (PEO) brokers busy and anticipating the next moves. Steady benefits coverage across SMB accounts.

Survey 94

Survey Planning Tools HR Software Recruiting Software 94

Analytics in HR

MAY 26, 2021

Essentially, an HR audit is an opportunity to tighten up processes so that aspects like recruitment, retention, onboarding, training, salary and compensation, payroll, and performance management all get the attention they need. Creates equitable and fair compensation. Compensation and salary. It might seem like a lot of work.

HR Planning 98

HR Planning HR Software Hiring Software Wage and Hour Training 98

Best Money Moves

OCTOBER 16, 2018

Employee benefits success is all about communication. A third of compensation costs go towards employee benefits and some employees would forgo a raise for better work-life balance or better healthcare benefits, but almost half of employees don’t even understand the benefits their employer already offers.

Employee Benefits 69

Employee Benefits Compensation Trends Compliance Training 69

Extensis

MAY 24, 2022

Quick Look: In the midst of the highest inflation rate since 1981 and spiking costs for healthcare plans, CFOs are feeling the impact of this double-whammy situation. Though statistics show the Great Resignation is beginning to plateau, the shift in compensation expectations remains. The experts at ExtensisHR are ready to chat.

Planning Tools 95

Planning Tools HR Software Recruiting Software Retention and Turnover 95

HR Lineup

AUGUST 7, 2023

Compensation and Benefits: Fair and competitive pay, along with attractive benefits packages, can enhance job satisfaction. Satisfied employees experience lower stress levels and are generally happier both at work and in their personal lives.

Retention and Turnover 88

Retention and Turnover Bonuses and Incentives Recruiting Software Compensation 88

Extensis

JULY 5, 2022

Quick Look: Between the COVID-19 pandemic and the subsequent Great Resignation, the past few years have brought huge shifts, including a rise in healthcare costs and changing medical needs, which have transformed the workplace and left companies trying to keep up. Optimizing healthcare costs. Integrate health benefits.

Planning Tools 92

Planning Tools Assessment Software HR Software Employee Benefits 92

Extensis

JANUARY 10, 2023

Quick look: SMBs have felt the weight of increasing healthcare costs and most consider it a top challenge in their recruiting efforts. Though necessary to stay competitive, the affordability of healthcare benefits often causes a strain on already limited budgets. This data informs where resources and spending is best allocated.

Recruiting Software 76

Recruiting Software Recruitment Planning Tools HR Software 76

Hppy

NOVEMBER 3, 2023

Offering Competitive Compensation and Benefits Competitive compensation and benefits play a crucial role in attracting and retaining talented marketers. It is also important to provide additional perks and benefits that go beyond monetary compensation.

Recruiting Software 91

Recruiting Software Talent Experience Interview Software Recruitment 91

6Q

SEPTEMBER 21, 2022

If this happens at your company — and often — you’re not alone. People who have been with your company for a long time will probably be pros at getting the job done, making them more productive and efficient. Review your employee compensation scheme. Enhanced productivity. Lower costs. Up the perks. Image: Pexels.

Hiring Software 119

Hiring Software HR Software Onboarding Software Retention and Turnover 119