HRWatchdog

JUNE 1, 2021

” In its blog , Robert Half offers some retention strategies employers can implement, including: Mentorship programs , in which a new employee is paired with an experienced employee “mentor” who can welcome newcomers into the company, offer guidance and be a sounding board. Jessica Mulholland, Managing Editor, CalChamber.

Retirement 84

Retirement Staffing Compensation Strategy 84

Extensis

DECEMBER 20, 2023

Many seasoned leaders are retiring, and their successors may benefit from training to help them become even more impactful in their new roles. AI-powered programs can also find skill gaps and patterns of bias in promotion and compensation, helping to create a fair and diverse culture.

HR Trends 102

HR Trends HR Software HR Planning Trends 102

Netchex HR Blog

SEPTEMBER 27, 2024

Bonus pay is additional compensation provided to an employee. This accounts for all benefits contributions from each individual employee, including work-sponsored retirement plans, health insurance (including dental and vision), life insurance, flexible spending accounts, and more.

Payroll 99

Payroll Hiring Software Onboarding Software Planning Tools 99

EmployeeConnect

MARCH 20, 2017

The system must be flexible enough to add relevant details and import relevant material from social media, blogs and other internal and external sources. Compensation and benefit metrics: This metric relates directly to money and profit, so it’s critical to measure performance as it applies to costs.

Metrics 138

Metrics Assessment Software Staffing Software Objectives & Key Results 138

eni

JULY 31, 2024

Participate in Industry Events: Competitive compensation and benefits packages are critical in attracting top talent. Customizing benefits packages to cater to the diverse needs of employees, such as health insurance, retirement plans, paid time off, and flexible work arrangements.

HR Software 130

HR Software HR Planning Video Recruiting Hiring Software 130

Achievers

NOVEMBER 29, 2024

In this blog, we’ll explore how incentive theory shapes workplace strategies and the impact it has on employee engagement and performance. Whether it’s a financial perk, professional growth opportunity , or simple recognition, incentives help create a culture where employees feel valued and motivated to contribute their best.

Bonuses and Incentives 256

Bonuses and Incentives Objectives & Key Results Planning Tools Retention and Turnover 256

Bullhorn Blog

JANUARY 11, 2024

Administrative and clerical support can be utilized in reception, payroll, insurance, workers’ compensation, and HR-related responsibilities. With the increased need for healthcare due to the pandemic, plus a projected additional unmet need as a result of retirements , temporary healthcare workers are here to stay.

Staffing Software 98

Staffing Software Staffing Background screening Hiring Software 98

Accendo Technologies

SEPTEMBER 25, 2024

Written by Sheu Quen • 4 minute read • September 25, 2024 Are your employees satisfied with their compensation, or are they looking elsewhere for better offers? That’s where a competitive compensation package comes in. Our article explores the vital role that well-designed compensation packages play in retaining talent.

Compensation 52

Compensation Bonuses and Incentives Wage and Hour Training Payscale 52

WEX Inc.

FEBRUARY 18, 2025

While saving HSA funds for immediate healthcare costs is beneficial, leveraging the investment potential of an HSA can create long-term financial security, particularly for retirement healthcare expenses. The information in this blog post is for educational purposes only. Why invest your HSA funds?

Retirement 95

Retirement Planning Tools Immedis Strategy 95

Reform Biz

JANUARY 1, 2025

In this blog post, we will take you through the 7 crucial steps involved in conducting an HR audit, providing practical insights, examples, and infographics to guide you through the process. Step 4 Review Compensation and Payroll Systems Compensation and payroll compliance are vital components of an HR audit.

HR Planning 98

HR Planning HR Software Wage and Hour Training Onboarding Software 98

WEX Inc.

MARCH 20, 2025

It also provides an avenue for you to build a nest egg for retirement and invest. Preparing for retirement One oft-cited estimate: A 65-year-old couple retiring in 2020 will need an average of $351,000 in healthcare costs throughout retirement. The information in this blog post is for educational purposes only.

Planning Tools 94

Planning Tools Retirement Payroll Compensation 94

Bayzat

OCTOBER 31, 2024

Attracting the best talent and holding onto the existing top performers means the company will need to have an attractive compensation package within its staff retention and hiring plan. Falling out of touch with what makes a strong employee compensation package may mean your company is losing its competitive edge.

Compensation 52

Compensation 10KC Talent Experience Bonuses and Incentives 52

Extensis

JULY 24, 2024

Total rewards include compensation, benefits, well-being initiatives, and recognition, and help companies increase productivity, retention rates, and talent acquisition success. According to Gartner , total rewards are “the combination of benefits, compensation, and rewards that employees receive from their organizations.

Hiring Software 105

Hiring Software Assessment Software HR Planning Planning Tools 105

AIHR

JULY 31, 2023

As a department, it is responsible for managing HR activities from recruitment and onboarding, compensation and benefits, learning and development, performance management, and employee relations to separation or retirement. Administers employee benefits and compensation that enhance employees’ satisfaction and financial security.

HR Planning 92

HR Planning Resources Hiring Software Onboarding Software 92

Extensis

SEPTEMBER 26, 2024

Employee benefit administration and analysis In today’s hyper-competitive market, employees consider their benefits a critical component of their total compensation. Here are 10 reasons to show appreciation for your HR staff on Human Resource Professional Day (and year-round!): In fact, nearly 70% of U.S.

HR Software 105

HR Software HR Planning Hiring Software Onboarding Software 105

Ongig

AUGUST 16, 2022

Our consistent and steady work environment sets us apart from traditional construction-related worksites, and our exceptional benefits and retirement plans support your long-term success. 401(k) retirement plan (5.0% of salary) State retirement plan. 401(k) retirement plan (5.0% first appeared on Ongig Blog.

Hiring Software 59

Hiring Software Planning Tools Staffing Software Recruiting Software 59

6Q

JANUARY 22, 2023

The purpose of this blog post is to provide an overview of how to create an employee compensation strategy. We’ll cover topics such as the types of compensation, how to determine salary and wages, the role of bonuses, and more. Additionally, a good compensation plan should have a positive company culture.

Compensation 105

Compensation Bonuses and Incentives Strategy Retirement 105

Ask a Manager

AUGUST 13, 2021

This time the big boss got really angry and said we were all sabotaging his plans to retire! Even better, I successfully negotiated for a title change to one that better reflected what I do and the level I’m at – thankfully my compensation was already at that level! ” 3.

Immedis 97

Immedis Staffing Retirement Industry 97

HR Brew

FEBRUARY 9, 2024

We want to provide comprehensive compensation packages that address the needs of our current and future workforce.” Paying down student debt and saving for retirement typically don’t go hand-in-hand. Thanks to a provision in the SECURE Act 2.0,

Recruitment 221

Recruitment Retirement CHRO Compensation 221

WEX Inc.

MAY 29, 2024

By optimizing employee benefits and creating a supportive environment, employers can enhance the employee experience at every stage of their journey, from onboarding to retirement. Supporting employees through retirement planning and phased retirement options helps them feel valued even as they leave the organization.

Retirement 98

Retirement Retention and Turnover Employer Branding Onboarding 98

HRsoft

OCTOBER 30, 2023

As organizations strive to attract, retain, and motivate top talent, compensation management continues to evolve. In the year 2024, several trends are expected to shape how businesses approach compensation strategies. Employees increasingly demand fairness and transparency in how compensation decisions are made.

Compensation 105

Compensation Trends Planning Tools Talent Experience 105

WEX Inc.

OCTOBER 29, 2024

In the final blog post of our three-part series to educate first-time participants, we explore all the unknown voluntary benefits terms and bring clarity of information to first-time participants. Check out our other first-timer series blog posts on health plans and employee benefits. What are some examples of voluntary benefits?

Employee Benefits 93

Employee Benefits Retirement Examples Compensation 93

WEX Inc.

JUNE 13, 2024

How is your HSA vs. your 401(k) vs. your IRA shaping up for retirement planning? Retirement planning is a lot easier when you imagine what you want it to be like. Will you retire in Florida, or at a cabin in the woods? To help you prepare, here is a breakdown of three common retirement accounts: an HSA vs. a 401(k) vs. an IRA.

Retirement 96

Retirement Comparison Compensation Payroll 96

Rise

AUGUST 12, 2024

In this blog post, we explain the various ways efficient HR payroll management can streamline your operations, from reducing administrative burdens to improving data accuracy and compliance. This includes benefits administration, employee records, tax forms, and retirement accounts.

HR Software 95

HR Software Hiring Software Payroll Planning Tools 95

WEX Inc.

JULY 24, 2023

Many Americans invest and prepare for retirement the same way they did decades ago, but what worked 40 years ago might not be the best approach today. Fortunately, there’s an often overlooked way to help employees build wealth and prepare for retirement. Why HSAs for retirement planning? The missing retirement solution?

Retirement 98

Retirement Planning Tools Survey Payroll 98

WEX Inc.

MARCH 31, 2025

Some of the most common pre-tax benefits include: Health savings accounts (HSAs) Flexible spending accounts (FSAs) Commuter benefits Dependent care FSAs Retirement plan contributions (401(k)) Each of these benefits provides unique tax advantages that can make a big difference at tax time. It is not legal, tax or investment advice.

Retirement 52

Retirement Planning Tools Compensation Employee Benefits 52

Extensis

DECEMBER 28, 2023

Though 401(k)s are still a large piece of the retirement planning puzzle, raising awareness about voluntary benefits has become just as essential to boost savings confidence and employee satisfaction. Employees are evaluating how they’ll be able to afford to maintain their health and well-being into their retirement years.

Retirement 102

Retirement Planning Tools HR Software Compensation 102

Decusoft

APRIL 23, 2021

What is a compensation system ? A compensation package , also known as a “ total compensation plan ,” includes all of a company’s pay structure elements, such as wages, salaries, benefits, and total payout terms. Performance management – total compensation strategies for top talent retention .

Planning Tools 98

Planning Tools Recruiting Software Interview Software Compensation 98

Bullhorn Blog

JANUARY 11, 2024

Administrative and clerical support can be utilized in reception, payroll, insurance, workers’ compensation, and HR-related responsibilities. With the increased need for healthcare due to the pandemic, plus a projected additional unmet need as a result of retirements , temporary healthcare workers are here to stay.

Staffing Software 52

Staffing Software Staffing Background screening Hiring Software 52

6Q

JUNE 26, 2022

Fair compensation is one of the things that employees consider when looking for and staying in their jobs. While a solid compensation and benefits package is a good start, we need to take it one step further. If we feel like our compensation scheme isn’t working, it’s time to reflect and reassess the status of the current system.

Compensation 105

Compensation Strategy Hiring Software Planning Tools 105

Decusoft

APRIL 13, 2021

What is Total Compensation? The total compensation package is an employee’s base compensation, also known as their base salary, plus the value of the benefits package they receive. The best strategy for executive total compensation is unique to every business. Trends in Total Compensation Management.

Compensation 105

Compensation Hiring Software Planning Tools Assessment Software 105

Decusoft

MAY 20, 2021

It is important to conduct compensation data audits frequently in order to produce an equitable and appropriate compensation plan. Compensation benefits research is necessary to ensure fair working conditions and helps improve employee retention plans. What Are The Benefits of Compensation Analysis ?

Analysis 96

Analysis Compensation HR Planning Bonuses and Incentives 96

HRsoft

MAY 25, 2020

While we are reaching the mid-mark of 2020, let's review how compensation management will play as important a role as ever in attracting and retaining the best talent for your organization. Compensation Planning Survey , most organizations plan to keep their merit increase budgets the same through 2020.

Compensation 98

Compensation Trends Planning Tools Career Development 98

Ongig

MARCH 11, 2025

These statements often indicate a workplace where employees are expected to work long hours without additional compensation or clear boundaries between personal time and work responsibilities. Does “rockstar” imply that they will be overworked and expected to go beyond their job title without compensation?

Hiring Software 91

Hiring Software Employer Branding Talent Experience 10KC 91

Insperity

OCTOBER 1, 2024

Emphasize wellness in benefits offerings Most standard benefits packages include things like health insurance, a 401(k) retirement plan and PTO. Compensate fairly It’s the most basic reason why employees come to work – to be able to support their families and lifestyle. Increase company contributions to retirement plans.

Wellness 84

Wellness HR Planning Bonuses and Incentives Exercises 84

6Q

JUNE 26, 2022

Fair compensation is one of the things that employees consider when looking for and staying in their jobs. While a solid compensation and benefits package is a good start, we need to take it one step further. If we feel like our compensation scheme isn’t working, it’s time to reflect and reassess the status of the current system.

Compensation 98

Compensation Strategy Hiring Software Planning Tools 98

Decusoft

MARCH 19, 2021

Are you new to the world of executive compensation? Do you want to make sure you have the foundational skills you’ll need to create executive compensation programs that will help you cultivate, inspire, and keep the talent you’ll need to meet your company’s goals? What is executive compensation ? Base salary.

Compensation 98

Compensation Bonuses and Incentives Metrics Exercises 98