HR Digest

MAY 21, 2023

A strong employee benefit package can go a long way. Employer benefits package is key to attracting and retaining top talent. Employee benefits have become an essential part of any competitive compensation package. What do you want to achieve with the employee benefit package 2. Payroll taxes 2.

Employee Benefits 105

Employee Benefits Retirement Compensation Benchmarking 105

Analytics in HR

DECEMBER 5, 2024

Benefits satisfaction Satisfaction with different types of employee benefits is usually measured through an engagement survey but can also be gauged in stay interviews. The insights from these surveys can help reduce employee turnover.

HR Planning 98

HR Planning Examples HR Software Hiring Software 98

PCS

OCTOBER 6, 2022

HR support puts in considerable resources into benchmarking or measurement of processes to determine areas that need to be improved. Service providers can also provide their clients with informative or learning materials associated with assessing and promoting employee engagement and satisfaction. Employee Benefits Packages.

HR Planning 52

HR Planning HR Software Hiring Software Recruiting Software 52

Business Management Daily

NOVEMBER 11, 2024

It’s also a great way to build your employer’s reputation and enhance your recruiting outcomes, as candidates want positive reviews from past employees and a solid commitment to career development in potential employers. HR automation : Automate administrative HR processes to optimize efficiency and improve employee experience.

Human Capital Management 52

Human Capital Management Hiring Software Onboarding Software Planning Tools 52

Precheck

OCTOBER 24, 2017

Examine your pay, benefits and incentive model to make sure it matches your overall HR strategy. Benchmark them against other organizations in the geographic area and industry to ensure they stand out from the competition.

Retention and Turnover 53

Retention and Turnover HR Planning Bonuses and Incentives Staffing Software 53

HR Bartender

JUNE 19, 2017

(Editor’s Note: Today’s post is sponsored by Massachusetts Mutual Life Insurance Company (MassMutual), a leading provider of insurance, annuities, retirement plans, and other employee benefits. Think of it as benchmarking or best practices. Many congratulations to them. Enjoy the post!) . All businesses face the same challenges.

Talent Experience 339

Talent Experience Planning Tools Recruiting Software HR Software 339

Zenefits

JUNE 23, 2022

According to SHRM’s 2022 Employee Benefits Survey : 96% of employers offered paid sick leave. While the BLS’ analysis is a reliable benchmark, it would be a mistake to solely rely on it. Notably, a large percentage of private-sector workers also have access to unpaid family leave, which often includes sick leave. How many U.S.

Onboarding Software 74

Onboarding Software Staffing Software Survey Payroll 74

Vantage Circle

JUNE 9, 2023

You can establish what a ‘competitive’ salary is through a process called ‘salary benchmarking’ Let’s take a look at what salary benchmarking is and how you can use it to bring the best of the best to your business. What is Salary Benchmarking? How to do Salary Benchmarking 1.

Benchmarking 81

Benchmarking Employer Branding Recruiting Software Talent Experience 81

Extensis

JULY 13, 2023

Quick look: The 2023 SHRM Employee Benefits Survey highlights the shift brokers are experiencing in how clients are prioritizing employee benefits. Therefore, rather than viewing the future of employee benefits as an “out with old, in with the new” situation, it’s better to welcome a co-mingling of the two.

Employee Benefits 90

Employee Benefits Survey Planning Tools Hiring Software 90

Insperity

NOVEMBER 26, 2024

If you want your business to attract top talent in today’s job market and retain employees for the long term, one of the most powerful tools at your company’s disposal is competitive employee benefits. Let’s explore what employees expect so that you can stand out from your industry peers and recruit and keep the best.

Employee Benefits 69

Employee Benefits HR Software Planning Tools Retirement 69

Extensis

JULY 24, 2024

A total rewards program for employees includes four major components: compensation, employee benefits, well-being, recognition, and development. Compensation Compensation is the total amount paid to an employee by their employer. That’s when a professional employer organization (PEO) can help.

Hiring Software 98

Hiring Software Assessment Software HR Planning Planning Tools 98

Corporate Synergies

JUNE 4, 2019

What kind of health and welfare benefits attract and retain employees? Benchmarking and surveys help employers zero in on options that workers deem valuable. 1 What are competitive employee benefits? Benchmarking and surveys provide solid answers. Benchmarking studies yield details like: Medical plan type.

Benchmarking 44

Benchmarking Employee Benefits Survey Planning Tools 44

Bayzat

SEPTEMBER 22, 2024

To appeal to the best brains, many corporations now offer appealing employee benefits, focusing on better salaries and remunerations. As of 2024, many major UAE industries have increased their salaries in strategic positions to attract and sustain employees with great skill sets.

Benchmarking 52

Benchmarking Industry HR Software Case Study 52

Genesis HR Solutions

JUNE 27, 2022

For example, a small business of 20 employees likely doesn’t need to have a full-time HR person, because, frankly, that person won’t have a full-time job ( but to be clear, the need for an HR function exists at all company sizes ). Custom employee onboarding experiences. Salary benchmarking. Benefits plan administration.

HR Planning 52

HR Planning HR Software Hiring Software Onboarding Software 52

Analytics in HR

MARCH 6, 2018

Deal sensitively with any employee relations issues and act as the first port of call for any employee queries. Ensure employee benefits are maintained and respond to benefit queries from employees and providers. Proactively monitor the employee life-cycle and key dates in the HR calendar.

Analysis 57

Analysis HR Software HR Planning Staffing Software 57

UKG

JUNE 4, 2021

Some noteworthy budget forecasting KPIs might include: Annual cost of employee benefits. Projected employee turnover rate. Cost of learning management and employee training programs. Projected new hires for the coming year. Compliance-related changes in regulations or policies.

Metrics 52

Metrics Hiring Software Staffing Software Onboarding Software 52

Zenefits

JUNE 29, 2021

In a 2021 Kaiser Family Foundation survey , “nearly 90% of large employers surveyed believe the cost of providing health benefits to employees will become unsustainable in the next five-to-10 years.” Benchmark benefits. This will give you a solid grasp of what other employers are paying for employee benefits.

Employee Benefits 68

Employee Benefits Hiring Software Planning Tools Onboarding Software 68

PlanSource

APRIL 9, 2019

Employee benefits are complicated, to say the least. With more options than ever before, an overwhelming amount of information and confusing HR lingo, it’s no surprise that 50% of employees don’t understand their benefits. Many employees are either scared away by the actual plan name (and can you blame them?

Employee Benefits 66

Employee Benefits Planning Tools Retirement HR Software 66

PlanSource

FEBRUARY 8, 2022

2022 Benefits Benchmark Report Sneak Peek. How is the Great Resignation affecting the benefits landscape? What new benefit offerings are trending? Exactly how much are other companies paying toward employee plans? 2022 Benefits Benchmark Report Sneak Peek. Wednesday, March 9 | 1 p.m. Register Now.

Benchmarking 52

Benchmarking Report HR Software Recruiting Software 52

PlanSource

APRIL 1, 2021

2021 Benefits Benchmark Report – Top 3 Big Hits . S ee how this is working o ut for HR leaders at The CORE Group who report that PlanSource’s platform is saving them 2 hours per every new hire, 30 minutes per every life event, and 5 hours per employee annuall y. . Most Popular Benefits offered . Benefit Name .

Benchmarking 52

Benchmarking Hiring Software Planning Tools HR Software 52

EmployeeConnect

SEPTEMBER 12, 2022

This will assist you in keeping both managers and employees intact. Your company should conduct annual salary surveys and benchmark the salaries. Encourage Employee Feedback. Encourage employee feedback and work on the issues highlighted by them. Otherwise, it can build resentment among the employees.

Compliance Training 245

Compliance Training Workforce Planning Trends Benchmarking 245

PlanSource

AUGUST 19, 2021

The Employee Benefits Reporting Metrics, Trends and KPIs You Really Need To Know. With open enrollment quickly approaching, it’s crucial your benefits management system delivers the key employee benefits reporting and metrics you need to track to stay on track. ? InsightsIQ. Register Now. Aug 19, 2021 ?See

Benchmarking 52

Benchmarking HR Software Planning Tools Trends 52

PlanSource

MAY 23, 2019

How do your benefits programs compare? — Be sure to download your free copy of the 2019 Benefits Benchmark Report for an in-depth review of benefits trends and insights! — The post 2019 Benefits Benchmark: 3 Surprising Employee Benefits On The Rise appeared first on PlanSource.

Benchmarking 8

Benchmarking Employee Benefits Data Talent Experience 8

Workable

FEBRUARY 17, 2023

When people think of employee compensation, it’s usually the base salary of a position that initially comes to mind. However, total compensation includes employee benefits and perks. Some organizations use a combination of benchmarking and pay grades to establish compensation structures.

Compensation 118

Compensation Hiring Software Recruiting Software Bonuses and Incentives 118

Tango Health

JANUARY 3, 2022

These costs amount to 31 percent of total employee compensation for workers in private industry and state and local government. But how many team members are using these benefits? Often employee benefits usage is a mystery to employers, but it shouldn’t be. Best practices for measuring employee benefits engagement.

Employee Benefits 70

Employee Benefits Planning Tools HR Software Onboarding Software 70

Zenefits

MARCH 11, 2021

You know the consequences of outdated employee benefits systems , and are ready to invest in modern technology. But with so many benefits administration technology vendors out there, how do you choose the right one? Assess your benefits technology needs. Evaluate your future benefits administration needs.

Assessment Software 69

Assessment Software Onboarding Software Planning Tools HR Software 69

Zenefits

MARCH 14, 2017

Do you ever wonder how your employee benefits package compares to other businesses in your area? The 2017 Zenefits Small Business Benefits Benchmark Report was released today, offering a snapshot of plan types, contributions, premiums, deductibles, copays, and out-of-pocket costs across different regions.

Zenefits 54

Zenefits Benchmarking Report Talent Acquisition 54

PlanSource

MARCH 16, 2022

6 Must-Know Stats from Our 2022 Benefits Benchmark Report. We’ve scoured over 200 million benefit elections in our system and analyzed real user behavior and data to bring you our 4th annual Benefits Benchmark Report. How is the Great Resignation affecting the benefits landscape? Benefits are expensive.

Benchmarking 52

Benchmarking Report Planning Tools HR Software 52

PeopleStrategy

AUGUST 21, 2019

Also, it will be important for you and other leaders to make it clear that tenure-based rewards aren’t being given out to employees for their tenure a;one. They are being rewarded for achieving benchmarks of success during that time. MetLife’s 17th Annual U.S.

HR Planning 145

HR Planning Bonuses and Incentives HR Software Benchmarking 145

Winston Benefits

FEBRUARY 13, 2018

Focusing on employee benefits will help architecture firms attract those employees. Here are some of the top employee benefits that architecture firms offer. Consistently seen as one of the most valued employee benefits, health insurance offerings are often generous at architecture firms.

Employee Benefits 49

Employee Benefits Recruiting Software Planning Tools Benchmarking 49

Zenefits

SEPTEMBER 21, 2020

When thinking through a new employee’s compensation package , it’s important to remember that hiring someone will cost you more than their base salary, as compensation includes the cost of their benefits as well. The national average of employee benefits cost. Taken together, the average total compensation is $37.73

Employee Benefits 53

Employee Benefits Wage and Hour Training Hiring Software Compensation 53

Analytics in HR

OCTOBER 1, 2024

It established 200,000 as the benchmark to represent the total hours 100 employees would log in 50 weeks, based on a 40-hour work week. To sum up Relying on outdated or ad-hoc data can impede your company’s ability to respond swiftly and strategically.

Metrics 52

Metrics Retention and Turnover Hiring Software Staffing Software 52

Helpside

NOVEMBER 8, 2022

In fact, according to Zywave’s 2022 Attraction and Retention Benchmarking Overview, over 75% of employers consider attraction and retention to be among the top-five business challenges for their organizations. As a result, many employers are expanding and enhancing their benefits offerings to remain or become more desirable to employees.

Employee Benefits 59

Employee Benefits Compensation Video Recruiting Career Development 59

Analytics in HR

JULY 31, 2023

Helps foster a positive organizational culture by implementing practices that improve employee engagement and retention. Administers employee benefits and compensation that enhance employees’ satisfaction and financial security.

HR Planning 68

HR Planning Resources Hiring Software Onboarding Software 68

Talentia

SEPTEMBER 29, 2023

Employee Compensation vs. Employee Benefits Packages – Which is More Important? September 29, 2023 Home With the surge in remote and hybrid work in recent years, the workforce is rethinking their approach towards pay and benefits. What is employee compensation? Reimbursement program offerings (i.e:

Compensation 52

Compensation Employee Benefits HR Software Planning Tools 52

Zenefits

OCTOBER 13, 2021

It’s far more valuable to know how your specific benefits offerings compare to those of your competitors. Employee benefits benchmarking data can provide insights into your plan performance, employee benefits data and participation, and other key measurements. Evaluating ROI and benefits strategy.

Benchmarking 36

Benchmarking Planning Tools Zenefits Retirement 36

PlanSource

MAY 9, 2019

We’re excited to share the first annual PlanSource Benefits Benchmark Report. In this report, we showcase this year’s top trends for employee benefits enrollment, benefit types offered, contribution amounts and more. — The post Benefits Benchmark Report: Top Takeaways For 2019 appeared first on PlanSource.

Benchmarking 40

Benchmarking Planning Tools HR Software Report 40