Zenefits

JUNE 1, 2022

While the decision of how much PTO to offer is up to you, it’s a smart idea to benchmark other businesses in your industry, especially your competitors. it’s a smart idea to benchmark other businesses in your industry, especially your competitors. However, you also have a business to run.

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Zenefits

OCTOBER 13, 2021

Employee benefits benchmarking data can provide insights into your plan performance, employee benefits data and participation, and other key measurements. What is benefits benchmarking and why use it? While benefits benchmarking can be costly at times, there are a number of benefits to using this data. Spot and adapt to trends.

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Zenefits

MARCH 30, 2017

The March 2017 Zenefits Small Business Benefits Benchmark Report is now available. Representing data from more than 8,000 Zenefits customers, the report examines how plan types, contributions, premiums, deductibles, copays, and out-of-pocket costs differ across regions. So far the response from customers has been great.

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Benchmarking Employee Benefits Zenefits Planning Tools 28

Zenefits

MAY 9, 2019

This process is called compensation benchmarking. How is compensation benchmarking done? The first step in compensation benchmarking is to build a list of salary ranges for current and future job roles. Compensation benchmarking is designed to maintain fairness for both the employer and the employee.

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Zenefits

JANUARY 22, 2021

While there are a number of things that will have to change to erase the gender pay gap, one thing businesses can do is explore and implement compensation benchmarking. Whatever the reason, here’s a crash course in all things compensation benchmarking. What is compensation benchmarking? How does compensation benchmarking work?

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Zenefits

MARCH 14, 2018

Note: this research is based on a sample of Zenefits customers, and not all SMBs in these regions will experience these same cost trends. While these trends are always changing, we will release new benchmarking data every year to keep you up to speed with other organizations in your area. Want to learn more about health insurance?

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Zenefits

MARCH 22, 2018

That’s why we’re here to offer our SMB benchmark report– this is fresh Zenefits data, pulled from over 4,000 customers (small businesses with under 100 employees) on what health insurance packages they’re currently offering. Download our full benchmark report below!

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Zenefits

MARCH 14, 2017

If you’re paying for at least 73% of an employee’s premium, you’re on par with small businesses across the country, according to n ew data from the 2017 Zenefits Small Business Benchmark Report. appeared first on Zenefits Blog.

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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?

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Hiring Software Zenefits Benchmarking Compensation 53

Zenefits

JUNE 29, 2021

Benchmark benefits. To obtain granular information based on your industry and location, you’ll need a customized benchmarking report. Customized benefits benchmarking can deliver insight into employer trends for: Healthcare and welfare plans. You can get a general idea from reports compiled by the U.S. Business travel benefits.

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Zenefits

OCTOBER 20, 2021

In addition: Benchmark data for companies of similar size and in similar locations. Select and enroll in your medical, dental, and vision plans (can be done via mobile if using Zenefits). Zenefits can provide you with tools to make open enrollment smooth sailing for you and your employees. You must enroll or decline by: __.

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HR Planning Planning Tools Zenefits HR Software 78

Peoplebox

JULY 18, 2024

Automating performance tracking saves time and effort, eliminates bias, allows for more precise decision-making, and gives managers and staff a solid benchmark to work from. 9 Zenefits – Provides a simple dashboard for handling health insurance, payroll, and PTO, tailored at smaller businesses.

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Zenefits

AUGUST 14, 2020

In this week’s webcast, Zenefits’ Ankur Patel, Product Marketing Director of Benefits, and Didi D’Errico, VP of Communications, discuss how COVID has impacted open enrollment, IRS changes, and key trends from the Benefits Benchmark Report. Welcome to HR Office Hours!

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Zenefits

JULY 6, 2018

Some positions have clear daily benchmarks. Establishing benchmarks that might not exist with an in-office worker can put management at ease. appeared first on Zenefits Blog. A challenge many businesses fear is how they’ll know if a remote worker is actually working.

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Zenefits

MAY 25, 2017

Download our free eBook, Zenefits Small Business Benchmark Report , to get a snapshot of plan types, contributions, premiums, deductibles, copays, and out-of-pocket costs across different regions. The post Non-Partisan CBO Says AHCA Would Reduce Coverage and Benefits appeared first on Zenefits Blog.

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Zenefits

AUGUST 1, 2017

Related: Employee Benefits Benchmarking: Insurance Premiums. The post Businesses Prioritize Wellness & Increase Overall Health Offerings, According to New SHRM Report appeared first on Zenefits Blog. Source: SHRM 2017 Employee Benefits Report. Attracting & Retaining Top Talent Fuels Benefits Decisions.

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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. For instance, Zenefits time tracking tool offers the following: Time tracking for employees, freelancers, and contractors.

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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. This is where HR softwares like Zenefits can remove the time burden and paper-driven processes from HR professionals and free up their time to focus on more meaningful areas of work.

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Zenefits

JANUARY 4, 2022

Start with a SWOT analysis and a benchmarking exercise. Next, you’ll want to do some benchmarking work. There is a clear benefit to look at other companies for inspiration and benchmarking. The whole point of goals is to improve or achieve, right? It’s a good idea to do these kinds of analyses frequently.

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Zenefits

JUNE 1, 2017

In fact, while most insurers require employers to pay at least 50 percent of the health insurance premium for employees, small businesses actually contribute more than the minimum, according to a 2017 research report from Zenefits. Download Now] : Zenefits Small Business Benchmark Report.

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Zenefits

APRIL 12, 2017

Related Content : [Free Report]: Zenefits Small Business Benefits Benchmark Report. #5 The post 6 Reasons You’re Missing Out on Talented Hires appeared first on Zenefits Blog. 5 – You have stringent and inflexible rules. Related Content : 5 Ways to be a More Efficient HR Manager.

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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.

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Zenefits

MARCH 13, 2017

Set benchmarks or standards for expected use of the policy (e.g., appeared first on Zenefits Blog. From offering flexible work schedules to providing lunch once a week, there are countless ways a company can foster an environment of year-round employee appreciation. no more than 4 weeks). Watch the trends and track your PTO data.

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TLNT: The Business of HR

APRIL 29, 2015

Who are the benchmark firms that are already leading the way? Sponsored by : Zenefits. This webinar is designed to highlight each of the critical areas that will change significantly in the future world of HR. These critical areas include: What are the principles that will guide HR and Talent Management in the future?

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Zenefits

JUNE 15, 2017

Download our free Small Business Benchmark Report for a complete picture of the average health insurance premium costs, employer contributions, in-network copays, and more. The post Employee Benefits: Here’s What Top Talent Wants appeared first on Zenefits Blog. Do your employee benefits stack up?

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Zenefits

FEBRUARY 7, 2019

Discover more small business benchmarks, data, and working remotely best practices in the Flexible Work Arrangements Benchmark Survey ]. The post The 4 Myths of Hiring Employees for Your Business appeared first on Zenefits Blog.

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Zenefits

SEPTEMBER 16, 2022

One of the benchmarks of effective teamwork is the ability of team members to share ideas. Zenefits helps people like you — business leaders and HR professionals — implement the kind of effective collaboration strategies that will boost your bottom line, increase your employees’ satisfaction, and help you grow a more successful business.

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Zenefits

OCTOBER 28, 2021

Businesses consistently create new benchmarks to grow and improve when it comes to their bottom line, but they should devote the same care when it comes to a company’s performance management goals as well. Is employee morale up but no real strides are being made toward company benchmarks? Focusing on employee satisfaction.

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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.

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Zenefits

APRIL 8, 2020

According to the Bloomberg Tax 2019 Payroll Benchmarks Survey Report , the most popular outsourced functions are: Tax filing. Take Zenefits, for example. Outsourced. With the outsourced model, you entrust all or some of your payroll responsibilities to an external service provider. Unemployment insurance administration. Global payroll.

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Zenefits

FEBRUARY 28, 2017

At Zenefits, we believe that managing health insurance for employees should be simple. According to a 2016 survey by the Rand Corporation , penalizing employees for failing to participate or meet benchmarks is a more effective motivator than high-value incentives. . appeared first on Zenefits Blog.

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Zenefits

MAY 8, 2017

This, of course, is an average that’s meant to provide employers with a benchmark. . At Zenefits, the onboarding experience begins as soon as a person signs an offer letter. appeared first on Zenefits Blog. According to HROnboard , onboarding each new employee costs around $400.

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Zenefits

DECEMBER 22, 2021

Look at competitors, market data, and benchmarks. Now that you’ve explored your company’s philosophy, goals, and budget, you’ll have to look at the market and various benchmarks to determine what your company’s pay grades and salary ranges should be. Several tools offer real-world salaries, including Zenefits , LinkedIn, and Glassdoor.

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Zenefits

MAY 9, 2019

Internal job descriptions + external job data = salary benchmarking. If the goal of your business is to promote a happy and engaged workforce, salary benchmarking is an excellent tool to make sure your workers are being paid fairly.

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Zenefits

NOVEMBER 27, 2017

GRESB (Global ESG Benchmark for environmental, social, and governance of organizations). The post Environment & Productivity: Create Green Workplaces to Get More Done appeared first on Zenefits Blog. Commonly seen green building standards include: LEED (Leadership in Energy and Environmental Design).

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Zenefits

JUNE 25, 2018

Nothing dictates how many days employees must be working, only that their work gets done or that they meet whatever other benchmarks their company has set up to keep productivity rolling. The post How Companies are Creating Flexible Work Arrangements appeared first on Zenefits Blog. This is an increasingly common approach to FWAs.

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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. While you can ask friends, colleagues, and mentors how much they might pay to hire and retain talent for particular roles, the best way to gauge how much to pay someone is through using a benchmark tool.

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