Extensis

JULY 31, 2024

Though the popularity of some benefits may not come as a surprise, there are a few important changes to note which brokers can help their clients get ready for. Every year, SHRM takes an in-depth look at various benefit categories and trends for brokers, HR professionals, and business leaders to have on their radar.

Employee Benefits 100

Employee Benefits Survey Planning Tools Retirement 100

Recruiters Lineup

JANUARY 22, 2024

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. Additionally, the employment contract should specify the details of the compensation package, including any bonuses, benefits, or allowances offered to the employee.

Video Recruiting 15

Video Recruiting Hiring Software Assessment Software Interview Software 15

Payactiv

MARCH 27, 2023

More and more healthcare workers are asking for shorter and more flexible working shifts. To make hiring challenges even more difficult, many of the competing industries are targeting the same pool of candidates and trying to rehire hourly workers at the same time. In 2020, hospital registered nurse turnover was 18.7% (U.S.).

Industry 52

Industry Hiring Software Staffing Software Bonuses and Incentives 52

Keka HR Blog

MAY 31, 2021

Unfortunately, it has been a major issue in recent months, with businesses being forced to lock their doors and cut their hours in order to comply with stay-at-home orders. . Marriott has announced that it will furlough tens of thousands of employees, excluding them from the payroll while allowing them to keep their healthcare benefits.

Hiring Software 52

Hiring Software Staffing Software Staffing Payroll 52

Recruiters Lineup

JANUARY 24, 2024

Small talk at the beginning of the interview is common and allows candidates to showcase their interpersonal skills. It is essential to note that the permit is granted at the discretion of the Director of Immigration, and applicants must provide evidence of a valid job offer from a Bahamian employer.

Video Recruiting 66

Video Recruiting Hiring Software Hiring Wage and Hour Training 66

Best Money Moves

MARCH 11, 2024

The study from Forbes Advisor shows that 67% of employees and 68% of employers believe healthcare to be the most important benefit. Healthcare benefits can be wide-ranging, but usually include some sort of insurance package that helps make medical costs more affordable for employees.

Planning Tools 105

Planning Tools Retirement AI Recruiting Survey 105

Netchex HR Blog

NOVEMBER 13, 2024

HR professionals need to learn enough about healthcare options, terminology, and resources to assist other employees. Like a car owner’s manual in the glovebox, it’s okay if the majority of healthcare paperwork gets filed away for emergencies. Severe health issues can lead to early retirement and long periods of absence.

Employee Benefits 91

Employee Benefits Onboarding Software Wellness HR Software 91

PeopleStrategy

SEPTEMBER 24, 2019

For those products and services an employer chooses to offer, employees will have the opportunity to enroll during their normal open enrollment process using PeopleStrategy’s hire-to-retire HR platform. Learn more at peoplestrategy.com. Learn more at newbenefits.com. About PeopleStrategy, Inc. Follow PeopleStrategy. .

HR Software 20

HR Software Onboarding Software Planning Tools Recruiting Software 20

ACA Times

APRIL 4, 2016

Under the Affordable Care Act, employers with at least 50 full-time or equivalent employees are required to offer health care coverage to those employees who work a minimum of 30 hours per week, considered “full time” under the ACA. The reason? Cutting employees’ hours to duck mandatory health care coverage.

Retirement 100

Retirement Compliance Meeting Compliance Training 100

ACA Times

MAY 22, 2016

Under the Affordable Care Act, employers with at least 50 full-time or equivalent employees are required to offer health care coverage to those employees who work a minimum of 30 hours per week, consider “full time” under the ACA. The reason? Cutting employees’ hours to duck mandatory health care coverage.

Retirement 100

Retirement Compliance Meeting Compliance Training 100

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. it also includes healthcare benefits, time off, recognition programs, and more.

Recruiting Software 194

Recruiting Software Planning Tools Onboarding Software Bonuses and Incentives 194

ACA Times

FEBRUARY 21, 2018

The settlement, if approved, would have resolved the case and provided benefits to the 1,200 current and former full-time employees of Dave and Buster’s who are part of the class action lawsuit. Dave & Buster’s, Inc.,

Retirement 100

Retirement Comparison Compliance Compensation 100

ACA Times

JANUARY 29, 2020

The plaintiffs in the case claim that by having their hours cut by their employer Dave & Buster’s, lost their full-time work status, denying them the opportunity to receive healthcare benefits. In addition to the monetary compensation, Dave & Buster’s will be enjoined from the activity that was the central charge of the suit.

Compliance 100

Compliance Retirement Comparison Compensation 100

HRExecutive

MAY 3, 2023

. - Advertisement - “It’s more indicative of what we do,” says Thiele, a keynote speaker Wednesday at Human Resource Executive ‘s Health & Benefits Leadership Conference in Las Vegas. Changes over the past two decades include the way sick time is treated at Microsoft. Indeed, it’s not.

HR Planning 94

HR Planning HR Software Strategy Planning Tools 94

HRExecutive

MAY 18, 2023

With inflation sitting at lofty levels post-pandemic, the Internal Revenue Service is raising the annual contribution limit for Health Savings Accounts by more than 7%, marking a record increase. - Advertisement - “The IRS has made inflation adjustments to the HSA since 2004. The HSA adjustments for individuals jumped 7.8%

Retirement 98

Retirement Planning Tools Survey HR Software 98

Intoo USA

OCTOBER 24, 2019

Typically, severance pay is money given to an employee at the time of a layoff or termination. How severance pay works typically is the pay is often provided as part of a larger severance package, which can also include benefits such as outplacement services or the continuation of healthcare coverage for a period of time.

Outplacement 130

Outplacement Interview Software Compensation Policies 130

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.

Planning Tools 36

Planning Tools Onboarding Software Payroll Benchmarking 36

Analytics in HR

FEBRUARY 10, 2023

HR practitioners need to be aware of the various benefit possibilities and determine which ones their organization should consider adopting. Let’s have a look at common types of employee benefits, and examples of how companies are using them in their employee benefits strategy. Contents What are employee benefits?

Employee Benefits 116

Employee Benefits HR Software Wage and Hour Training Planning Tools 116

HR Daily Advisor

JULY 31, 2017

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%

Analysis 49

Analysis Employee Benefits Retirement Planning Tools 49

Best Money Moves

NOVEMBER 13, 2019

Employees want to feel a sense of belonging and social inclusion at work. How Can Employers Improve Social Wellness at Work? Expand healthcare benefits. Schedule volunteer days where employees get paid to help at a local nonprofit. They want to pay off debts, manage their monthly expenses and save for retirement.

Wellness 76

Wellness Hiring Software How To Retirement 76

Best Money Moves

DECEMBER 9, 2024

Employees look for solutions to their unique problems from building retirement savings to handling unexpected medical expenses. Compared to years prior, employees are more interested in retirement benefits and paid leave opportunities. Financial wellness remains at the forefront of worker attention.

Trends 52

Trends Planning Tools HR Software AI Recruiting 52

Analytics in HR

DECEMBER 22, 2023

One of the first things employees look at before even receiving a job offer is their compensation package. In this article, we’ll look at what makes total compensation packages appealing, provide examples, and outline steps for developing a competitive compensation strategy. In fact, 83.4% Contents What is a compensation package?

Compensation 109

Compensation Bonuses and Incentives HR Software Hiring Software 109

KCC Business Psychology

FEBRUARY 15, 2023

For example, members of Generation Y often want the flexibility to work at least part of their hours remotely. Baby Boomers don’t place as high a value on flexible time schedule, though they may wish to cut back their hours as they near retirement.

Compliance Training 87

Compliance Training Retirement Training Coaching 87

Vantage Circle

DECEMBER 21, 2022

Let us look at the list of a few indicators that will help your organization keep track of the level of engagement in your organization. The formula used to calculate the turnover rate is: Turnover rate = (Total number of employees who have left the organization) / (Total number of employees at the beginning of the period).

Employee Engagement 90

Employee Engagement Hiring Software Retention and Turnover Retirement 90

HR Daily Advisor

MAY 2, 2018

And they’re often very accurate at predicting who will be the best fit for your organization’s needs. Tap into your business network to see who’s looking for a job or who knows of someone with the type of experience you’re looking for at the moment. But also offer comprehensive healthcare benefits and other perks.

Hiring Software 83

Hiring Software Recruiting Software Hiring HR Planning 83

6Q

OCTOBER 3, 2022

Watch your body language and tone of voice while at it so you don’t come across as angry or upset. Ensure that the internet connection at the office is top-notch. That employees don’t sit at their desks for long hours. Healthcare benefits: Healthcare is expensive. Be a good listener. Mostly face-to-face.

Hiring Software 115

Hiring Software Planning Tools Assessment Software HR Software 115

HRExecutive

AUGUST 1, 2024

Yet, despite the rising spotlight on employee wellbeing post-pandemic —with employers increasingly taking a holistic view of wellbeing through comprehensive employee benefits offerings, experts say—those who could most benefit from such support are the least likely to utilize it.

AI Recruiting 99

AI Recruiting Planning Tools HR Software Tools 99

InfinityHR

MARCH 25, 2019

Voluntary benefits offer brokers an additional route of revenue that can be long-lasting. Now, let’s take a closer look at which benefits packages are the most motivating to employees. Healthcare, dental and vision. Retirement. Those include: Benefit Pension Plan. Other voluntary benefits.

HR Software 74

HR Software Planning Tools Onboarding Software Recruiting Software 74

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

HR Daily Advisor

JULY 20, 2017

As an HR professional, perhaps you understand that the beacon isn’t as bright as many believe it to be; in truth, retirement may be only the beginning of the troubles. Recent findings from Voya Financial align with Lane’s perspective, finding that the real cost of health care in retirement isn’t on the radar screens of most Americans.

Retirement 58

Retirement HR Software Planning Tools Screening 58

Zenefits

NOVEMBER 12, 2020

Employers have many options when considering providing healthcare benefits to staffers. SMBs can work directly with carriers to negotiate benefits. With these arrangements they will need to comparison-shop many carriers for the best coverage possible at their price point. Retirement plans. Dental and vision.

Employee Benefits 70

Employee Benefits Hiring Software Retirement Planning Tools 70

Digital HR Tech

NOVEMBER 11, 2019

3 Models to Explain Compensation and Benefits Compensation and benefits package example Frequently Asked Questions. What are compensation and benefits? When you receive a job offer, the first thing you look at is the salary. Compensation and benefits and employee motivation.

Compensation 106

Compensation COMPAS HR Planning Retention and Turnover 106

Intoo USA

OCTOBER 24, 2019

Typically, severance pay is money given to an employee at the time of a layoff or termination. How severance pay works typically is the pay is often provided as part of a larger severance package, which can also include benefits such as outplacement services or the continuation of healthcare coverage for a period of time.

Outplacement 100

Outplacement Interview Software Compensation Policies 100

Zenefits

OCTOBER 13, 2022

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.

Retirement 36

Retirement Trinet Zenefits Planning Tools 36

i4cp

NOVEMBER 4, 2022

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.), The layoffs and discharges rate remained at 0.9% increasing misalignment of skills and job needs, and more.

Data 105

Data Retention and Turnover Report Diversity 105

Digital HR Tech

NOVEMBER 21, 2019

What types of employee benefits are most appreciated among the different generations in the workplace? That’s what we’ll take a look at in this article that’s based on a recently released study on employee benefits. Nowadays, however, there are other types of employee benefits too. Benefits at work.

Employee Benefits 72

Employee Benefits HR Planning HR Software Survey 72

Homebase

APRIL 12, 2024

But one great way to get that talent in the door and keep them on your team for as long as possible is to offer healthcare benefits. Employees want to know they are valued at your company and that you see them as more than just another cog in the wheel. In fact, US healthcare spending reached a whopping $4.5

Planning Tools 52

Planning Tools How To Compliance Retirement 52