Zenefits

JANUARY 23, 2019

In “The City by the Bay,” a small business account manager makes $65,000 per year compared to an account manager in Peoria, Illinois with the same level of experience who makes $52,500 (this is accurate salary data, taken from the Zenefits compensation management tool ). What Can Employers Learn from Salary Benchmarks?

Hiring Software 53

Hiring Software Zenefits Benchmarking Compensation 53

Zenefits

JANUARY 31, 2022

Payroll is one of the most essential parts of running a business. So it’s crucial to get payroll right. What do you need to know to process payroll correctly? When building your payroll process, look into which pay schedule works best for your employees. We recommend using industry benchmarks. Pay schedules.

Payroll 36

Payroll Hiring Software Wage and Hour Training HR Software 36

Zenefits

FEBRUARY 21, 2019

One of the best places to start is with salary benchmarking. What Are Salary Benchmarking and Compensation Management? Much of the data they use comes from a process called salary benchmarking. Salary benchmarking is the process employers use to determine the market rate for each position within their organization.

Hiring Software 34

Hiring Software HR Software Payroll Analytics 34

Zenefits

JUNE 7, 2021

Payroll is a significant and recurring employer expense, which can cut into the profit margin if improperly managed. The key is to not overspend or underspend on payroll — and a payroll budget is essential to achieving this objective. But what should you put in your small business payroll budget? Base wages and salaries.

Payroll 41

Payroll Bonuses and Incentives Assessment Software Planning Tools 41

Zenefits

JANUARY 14, 2022

As stated in a Zenefits report , “Managers waste 140 hours a year manually creating schedules for their employees.”. For example, Zenefits scheduling tool lets you: Create and edit shifts for all employees. One survey found that time theft impacts 75% of businesses and up to 7% of their gross annual payroll. Time tracking.

HR Software 41

HR Software Hiring Software Planning Tools Onboarding Software 41

Zenefits

FEBRUARY 4, 2020

Many of these laws are tied to both payroll and HR , complicating matters even more. In addition to complying with these regulations, small businesses must stay on top of payroll trends and implement best practices. To give you a headstart, we narrowed down 7 payroll areas small businesses should pay special attention to.

Payroll 36

Payroll Hiring Software Wage and Hour Training HR Software 36

Vantage Circle

SEPTEMBER 11, 2023

Consider Integration and Compatibility Ensure the platform seamlessly integrates with your existing HR systems, payroll software, and other relevant tools. These include self-service employee onboarding, document storage, payroll processing, tax filing, reporting, and human resources (HR) compliance assistance.

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HR Software Planning Tools Hiring Software Onboarding Software 52

Zenefits

SEPTEMBER 21, 2020

When creating your benefits package and forecasting costs for your business, it’s helpful to use accurate benchmarking data to guide your decisions. For this reason, it’s important to know exactly how much your fixed benefits program and recruitment costs would be on top of your employee’s salary before bringing anyone onto your payroll.

Employee Benefits 53

Employee Benefits Wage and Hour Training Hiring Software Compensation 53

Zenefits

MARCH 11, 2021

Integrates benefits administration with human resources, payroll, and timekeeping — to save time and reduce administrative errors. Benchmarking tools, to compare your benefit offerings with your competitors’. Benefits reconciliation with payroll and finance, to ensure accurate financial documents.

Assessment Software 69

Assessment Software Onboarding Software Planning Tools HR Software 69

Zenefits

SEPTEMBER 16, 2022

One of the benchmarks of effective teamwork is the ability of team members to share ideas. Automate payroll. Automate payroll. Reach out to Zenefits to learn more. Managers must keep up with team needs and should continue to look to technology for solutions to address and mitigate them. Give credit for innovative ideas.

Onboarding Software 41

Onboarding Software Strategy HR Software Planning Tools 41

Zenefits

JANUARY 4, 2019

Leading a workforce comes with several tasks, such as payroll, performance management, onboarding, scheduling, and more. Payroll management can be a headache. An HRMS takes the time out of measuring employee progress, goals, and benchmarks. appeared first on Zenefits Blog. What can an HRMS do for my business?

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Onboarding Software HR Software Wage and Hour Training Company 31

Zenefits

SEPTEMBER 14, 2022

Automate payroll. Automate payroll. Benchmarking. This will require you to do a little research to benchmark your business against current conditions. There are several resources you can use for competitive benchmarking, including: The Bureau of Labor Statistics. Benchmarking needs to go beyond pay.

Compensation 41

Compensation Planning Tools Benchmarking Retention and Turnover 41

Zenefits

JUNE 13, 2022

The Coronavirus Aid, Relief, and Economic Security (CARES) Act and the Payroll Protection Program ended in 2022. These programs provided benefits for workers and small businesses, including low-interest loans and payroll tax credits. Automate payroll. Automate payroll. Answer to see the results. Any of the above.

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Planning Tools Onboarding Software Payroll Benchmarking 36

Zenefits

FEBRUARY 23, 2022

If you’re not sure where to start in understanding your people’s level of engagement, this is a great way to begin benchmarking. If you’re new to creating engagement surveys, Zenefits’ software also has pre-populated templates that let you: Build. Automate payroll. Automate payroll. Communicate.

Employee Engagement 41

Employee Engagement Survey HR Software Onboarding Software 41

Zenefits

DECEMBER 22, 2021

Your budget helps define: The total number of people you can afford to put on the payroll. Look at competitors, market data, and benchmarks. Several tools offer real-world salaries, including Zenefits , LinkedIn, and Glassdoor. The extent of and types of incentive strategies you can use.

Bonuses and Incentives 36

Bonuses and Incentives Hiring Software Planning Tools How To 36

Zenefits

APRIL 10, 2018

In light of National Equal Pay Day, Zenefits examined data from over 1,000 employees and owners of Small and Mid-Sized Businesses (SMBs), defined as having 11-500 employees. Solving the Gender Wage Gap in 2018 appeared first on Zenefits Blog.

Hiring Software 31

Hiring Software Zenefits HR Software Compensation 31

Zenefits

JULY 5, 2022

It could involve human resources to document the interaction and set benchmarks of progress. Automate payroll. Automate payroll. At Zenefits, we give you the perfect platform to manage all your HR, payroll, and benefits tasks. Both parties can express their needs and requests for each other. Specific feedback.

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Onboarding Software HR Software Assessment Software Wage and Hour Training 36

Zenefits

DECEMBER 29, 2021

With each gap, compare data from compensation benchmarking tools to determine how much you’ll have to spend to attract needed talent. From here you can make more detailed decisions like how many people you can put on payroll, what type of incentive strategies there are, and salary ranges for positions you want to fill.

Payscale 36

Payscale Strategy Hiring Software Bonuses and Incentives 36

Zenefits

MAY 6, 2019

Payroll is typically a small business’s largest expense. They offer insight into salary benchmarking data that assures business is on point with wages and other benefits, based on the role, the location, and the level of experience and credentialing. Keeping cost contained and manageable is necessary.

Hiring Software 37

Hiring Software Background screening Hiring Recruiting Software 37

Zenefits

MAY 29, 2022

With inflation soaring at 8.5% , most businesses plan payroll increases of 4 percent or more. You can use a benchmarking tool like Zenefits which offers real-world salaries to better understand your company’s wages. Automate payroll. Automate payroll. Answer to see the results. Simplify benefits administration.

Onboarding Software 41

Onboarding Software Compensation HR Software Payroll 41

Contact Monkey - HR

OCTOBER 3, 2024

Pros Centralized HR data management Integrated time tracking Time-off management Performance evaluation tools Mobile app option Cons Limited advanced payroll integration (outside of the U.S.) It offers tools for managing employee data, onboarding, performance management, time tracking, and employee benefits.

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HR Software Onboarding Software Assessment Software Planning Tools 98

Zenefits

AUGUST 24, 2022

Consult with the necessary people in HR, finance, payroll, and legal, plus managers, benefits consultants, and benefits providers. Automate payroll. Automate payroll. For insight into last year’s trends, check out the Zenefits 2021 Benefits Benchmark Report. Reinforce the importance of the survey to your employees.

Employee Benefits 36

Employee Benefits Survey Hiring Software Onboarding Software 36

Zenefits

JANUARY 16, 2019

Make sure it takes into consideration your field, the size of your company, the benchmarks of similar companies, and the details of the role. The post Best Practices for Compensation Comparison appeared first on Zenefits Blog. To do this, use software with reliable and statistically significant data. Set a Pay Range.

Comparison 34

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Zenefits

FEBRUARY 19, 2019

It comes with excel worksheets for employee hiring planning, real benchmark salaries for the most popular job roles in small and midsize businesses, and your own customizable salary converter to include any/all costs that your businesses incurs. appeared first on Zenefits Blog. Get the Essential Employee Hiring Kit here.

Hiring Software 28

Hiring Software Zenefits Benchmarking Planning Tools 28

Zenefits

MARCH 19, 2019

Many organizations tie their contributions to specific goals, and when employees meet these benchmarks they are rewarded by increases in their 401k contribution. appeared first on Zenefits Blog. Incentivize Performance. Employers also have the ability to use retirement perks as incentives.

Retirement 31

Retirement Zenefits Benchmarking Compensation 31

Zenefits

JULY 28, 2022

Management of benefits, scheduling, and payroll. Integration with scheduling and payroll. In addition, empowering employees to view their documentation, payroll stubs, benefits selections, and available PTO can save everyone time. Helps with payroll, HR, and legal compliance requirements. Payroll compliance.

HR Software 36

HR Software Hiring Software Onboarding Software Assessment Software 36

Zenefits

MARCH 18, 2022

Define the benchmarks for your upskilling program. Once you have finished developing a general roadmap, which we will edit later, it is time to place benchmarks. Automate payroll. Automate payroll. But crafting a clear career path is a sure way to boost retention of top talent and achieve business goals. Make a plan.

Compliance Training 36

Compliance Training Retention and Turnover How To Benchmarking 36

Zenefits

FEBRUARY 23, 2021

Benefits applications are often integrated into cloud-based human capital management (HCM) technology, to streamline the HR, benefits, and payroll functions. This information must be administered from HR, benefits, and payroll standpoints. Breakdown in communication between the HR, benefits, and payroll functions.

Hiring Software 36

Hiring Software HR Software Onboarding Software Planning Tools 36

Zenefits

JANUARY 24, 2019

To get more specific about the costs of particular roles, and account for things like experience levels or specific job titles, businesses use compensation benchmarking tools to forecast budget or workforce needs. The post 20 US Cities With the Lowest Average Salaries appeared first on Zenefits Blog.

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Hiring Software Zenefits Benchmarking Compensation 31

Zenefits

JULY 28, 2021

Assuring staff is compensated fairly, aligned with skills, experience, and market conditions, and that payroll drives your strategic plan forward is critical to business success. If you bring on a CCP to your business, initially they may spend a lot of time benchmarking. For many organizations, compensation is an afterthought.

Compensation 41

Compensation HR Planning Bonuses and Incentives Hiring Software 41

Zenefits

AUGUST 3, 2022

Automate payroll. Automate payroll. Benchmark your benefits and offer benefits workers love. Check out our 2021 Benefits Benchmark Report for the in-depth analysis of the best medical and health insurance packages for small and mid-sized businesses. Answer to see the results. Simplify benefits administration.

Employee Benefits 36

Employee Benefits Retention and Turnover Retirement Benchmarking 36

Zenefits

JUNE 28, 2022

Automate payroll. Automate payroll. Benefits Benchmarks Report. What’s your biggest 2022 HR challenge that you’d like to resolve. Answer to see the results. Simplify benefits administration. Improve our virtual onboarding experience. Streamline HR processes. Automate repetitive and time-consuming tasks. Remember Me.

Compliance 41

Compliance Planning Tools Hiring Software Onboarding Software 41

Zenefits

MAY 15, 2022

Automate payroll. Automate payroll. Healthcare plans and payroll are two areas that offer high visibility and value to both you and your employees. Check out our healthcare benchmarks or payroll guide to find out how to balance cost with value. Answer to see the results. Simplify benefits administration.

Onboarding Software 36

Onboarding Software Planning Tools HR Software Payroll 36

Zenefits

MARCH 3, 2022

Organizations should measure diversity within the workforce and leadership ranks, especially compared to industry benchmarks. Automate payroll. Automate payroll. Besides measuring employee sentiment, this can also help leadership to know where to focus its efforts. Workforce representation. Answer to see the results.

Diversity 36

Diversity Retention and Turnover Hiring Software Metrics 36

Zenefits

SEPTEMBER 8, 2022

Organizations should keep a close eye on turnover rates and benchmark them against other companies in their industry for context. Automate payroll. Automate payroll. Employee Turnover Rate Formula = ( Number of employees who left the company / average number of employees during the measurement period ) x 100. Any of the above.

Employee Engagement 36

Employee Engagement Retention and Turnover Hiring Software Onboarding Software 36

Zenefits

MAY 8, 2022

Automate payroll. Automate payroll. Get all the flexible work benchmarks and strategies in this report. What’s your biggest 2022 HR challenge that you’d like to resolve. Answer to see the results. Simplify benefits administration. Improve our virtual onboarding experience. Streamline HR processes. Any of the above.

HR Planning 36

HR Planning Retention and Turnover Onboarding Software Hiring Software 36

Zenefits

DECEMBER 20, 2022

Automate payroll. Automate payroll. In this nifty guide, we cover benchmark employer contributions, what employees want in their health plans, insurance evaluation checklists, and much more. What’s your biggest 2022 HR challenge that you’d like to resolve. Answer to see the results. Simplify benefits administration.

Payroll 36

Payroll Onboarding Benchmarking Examples 36