Remove Bonuses and Incentives Remove Report Remove Retirement
article thumbnail

Best enterprise HR software systems 

HiBob

HiBob HR leaders use HiBob’s powerful enterprise HR software, Bob , to manage all aspects of the employee lifecycle —from recruitment to retirement—within a single, user-friendly platform. Prospective users are encouraged to conduct their own research to make the best decision for their organization.

article thumbnail

Headcount Planning: An HR Practitioner’s Guide

AIHR

For example, HR financial planning impacts salary increases, health insurance, and monetary incentives (like sales incentives and retention bonuses). Put your headcount reporting in order. Create a headcount report dashboard to gain accurate information on your current headcount status and key metrics in real-time.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Are Pandemic Hiring Practices Contributing to Churn?

Hospital Recruiting

In 2021 reports showed 30% of healthcare workers either quit their jobs or were laid off. They needed to offer higher than normal wages, signing bonuses, and enhanced benefits just to maintain recruitment levels. For existing staff, these incentives created new resentments, causing staff to leave and the cycle to repeat. .

article thumbnail

Paycheck Protection Program: How to Ensure Your Business is Eligible for Loan Forgiveness

Netchex HR Blog

Part of the CARES Act passed in March (and then replenished a month later ), the Paycheck Protection Program (PPP) is a loan program for small businesses designed to provide a direct incentive for keeping their workers on the payroll. Employer-paid retirement benefits, including employer 401(k) contributions.

article thumbnail

HRIS Requirements Checklist: A Guide for Getting Started

AIHR

You can also use it for tracking and reporting purposes. Overtime calculation Automatic deductions Salary administration and history Commissions and bonuses Banking and tax information Incentive management. Insurances PTO Travel compensation Retirement plans Employee wellness programs. Employee information management.

article thumbnail

The 21 Best Employee Incentive Programs [+ Real-Life Examples]

AIHR

An Incentive Research Foundation study revealed that employee incentive and reward programs increased business productivity rates by 22% , while SHRM reported that 79% of employees would work harder if they felt their employer consistently recognized their efforts. Contents What is an employee incentive program?

article thumbnail

What is HR Analytics? All You Need to Know to Get Started

AIHR

HR analytics, also referred to as people analytics or workforce analytics, involves gathering, analyzing, and reporting HR data. With the attrition drivers identified, Under Armour was able to make improvements to its employee retention efforts with enhanced people strategies , including incentives and rewards.