Compensation Cafe

MARCH 9, 2016

How many of you would think of using a compensation survey that describes itself this way? A unique Mission, wide catchment area and specialized staff that make pay comparisons uncomfortable. If so, your compensation target need not be equivalent to what a commercial survey tags for a business with hundreds or thousands of employees.

Compensation 40

Compensation Staffing Comparison Survey 40

AIHR

JULY 27, 2021

Insurances PTO Travel compensation Retirement plans Employee wellness programs. Time clock management Attendance tracking Biometric identification PTO accrual and use Holidays calendar Paid and unpaid leaves Overtime management Scheduled vs. actual hours worked comparison. An HRIS should govern benefits administration.

HR Software 105

HR Software Onboarding Software Staffing Software Planning Tools 105

Peoplebox

DECEMBER 28, 2024

This makes comparisons between candidates more objective and discussions more productive. If your senior engineers are retiring in two years, you must nurture technical leaders now. Impact: It shows your employer’s brand strength and how competitive your compensation package is. Get practical about bridging skill gaps.

Hiring Software 52

Hiring Software AI Recruiting Interview Software Recruiting Software 52

AIHR

MAY 29, 2024

HR terms list Compensation & Benefits terms 1. HR term example: “Broadbanding offers flexibility in employee compensation and encourages people to develop new skills to move higher within the pay range.” ” Learn more Compensation and Benefits Digital HR terms 11. ” 2. ” 7. ” 10.

COMPAS 112

COMPAS HR Software HR Planning Hiring Software 112

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 Talent Experience 10KC Bonuses and Incentives 52

ConnecTeam

MARCH 2, 2025

Key Features: Benefits tracking Check printing Compensation management Direct deposit Employee database Payroll reporting Pros & Cons Good customizability Easy to use Limited data import capabilities Hard to set up Pricing: In order to receive a price quote you must speak to a representative.

HR Software 52

HR Software Hiring Software Planning Tools Payroll 52

AIHR

JUNE 13, 2024

In its simplest form, a compensation philosophy summarizes an organization’s guiding principles around employee salaries and benefits. Some companies do this exceptionally well, and you’ll find 14 of the best compensation philosophy examples below. Contents What is a compensation philosophy?

Compensation 119

Compensation Examples Bonuses and Incentives HR Planning 119

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% Benefits – General Full-Time Employees.

Hiring Software 59

Hiring Software Planning Tools Staffing Software Recruiting Software 59

Vantage Circle

SEPTEMBER 16, 2021

ESOP plan (employee stock ownership plan) is a form of employee compensation that provides employees with an equity stake in the company. In an ESOP plan, the employees own these stocks, which are sometimes turned into an individual retirement account. Recommended Read: A Quick And Simple Guide To Compensation Planning.

Planning Tools 52

Planning Tools Retirement Hiring Software Staffing Software 52

ConnecTeam

MARCH 9, 2025

Key Features: Benefits tracking Check printing Compensation management Direct deposit Employee database Payroll reporting Pros & Cons Good customizability Easy to use Limited data import capabilities Hard to set up Pricing: In order to receive a price quote you must speak to a representative.

HR Software 52

HR Software Hiring Software Planning Tools Payroll 52

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

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

HR Digest

MAY 22, 2021

Before you accept that new job, it is important to carefully evaluate the compensation plan. Here is a guide on what to look for in an ideal total compensation package. Your compensation package plays a monumental role in where you end up working in the future. What is a compensation plan? Employee assistance program.

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Compensation How To Retirement Comparison 82

AIHR

OCTOBER 24, 2024

Employee attrition : Often used interchangeably with turnover , employee attrition is a gradual reduction in staff, usually through natural causes like retirements or resignations, without actively replacing those employees. Compensation Compensation is often still seen as an important predictor of why people leave.

Retention and Turnover 98

Retention and Turnover Hiring Software Interview Software How To 98

Decusoft

APRIL 1, 2021

What is Executive Compensation? . Executive compensation programs are influenced by a variety of factors today. As a compensation manager, your primary concern should be the alignment of pay and performance. Compensation Strategy Allocation . Compensation Strategy: Salary Ranges. Total rewards.

Compensation 98

Compensation Bonuses and Incentives Strategy HR Planning 98

WEX Inc.

JANUARY 14, 2025

Schedule workshops or webinars to break down complex topics like: Health savings accounts (HSAs) Flexible spending accounts (FSAs) Retirement planning options Emphasize the total rewards picture Highlight how your benefits program fits into your companys total rewards strategy. It is not legal or tax advice.

Planning Tools 52

Planning Tools HR Software Time and Attendance Comparison 52

HR Daily Advisor

SEPTEMBER 14, 2017

We spoke with Kathy Smith, President of Bank Compensation Consulting to find out how the industry’s highly regulated environment has led to creative compensation solutions—many of which can apply to any industry. But, says Smith, it hasn’t stopped there; regulations about how banks can compensate employees also changed.

Compensation 74

Compensation Bonuses and Incentives Planning Tools Industry 74

Decusoft

MAY 31, 2023

If you are a human resources professional, it goes without saying that the annual or quarterly compensation cycle is going to be among your busiest times of the year. At Decusoft, we’ve been on the front lines of many comp cycles, helping businesses reengineer their compensation planning systems.

Planning Tools 97

Planning Tools HR Planning Hiring Software Compensation 97

Visier

OCTOBER 22, 2018

What went into calculating total compensation? Michael Kesner, a retired principal and consultant to Deloitte Consulting LLP, shared the following anecdote : “The wide variation in median employee pay within the retail sector shows that different companies in the same industry sector identified different jobs for their median employee.

Visier 150

Visier Data Compensation Planning Tools 150

HR Morning

JULY 15, 2018

With the rise in health savings account (HSA) enrollment among younger employees and the decline in company matching rates of 401(k)s, HSAs have emerged as a retirement account option for new employees. Retirement is the farthest thing from your mind because, let’s face it, that’s a lifetime away. You’re young.

Retirement 67

Retirement Planning Tools Comparison Recruiting Software 67

Trusaic

JULY 29, 2021

The Canada Pay Equity Act aims to address systemic gender-based discrimination, foster equal compensation for work of equal value, and proactively maintain pay equity going forward. Calculation of compensation. Comparison of compensation. Originally passed in December 2018, the Act goes into full effect August 31, 2021.

Planning Tools 130

Planning Tools Compensation Discrimination Recruiting Software 130

Zenefits

JANUARY 16, 2019

For employers, compensation comparison can feel a bit intimidating. Let’s take a look at some best practices for compensation comparison and determining compensation for employees. In this article, we’re going to discuss 5 best practices for compensation comparison and salary determination.

Comparison 34

Comparison Compensation Hiring Software Zenefits 34

Best Money Moves

FEBRUARY 12, 2019

Money that would have been spent on life insurance can then go towards paying down debt or saving for emergencies or retirement, lessening their overall financial stress. He says it’s important to communicate that cost comparison so employees know what they’re getting. How Employers Can Communicate Value of Life Insurance.

Comparison 101

Comparison Compensation Retirement Payroll 101

Heyyy HR!

JUNE 13, 2024

The compensation for those in human resources reflects their importance, with variability depending on experience, geographic location, industry, and company size, within which an individual operates. This post is all about salary trends for human resources professionals in comparison to other career fields.

HR Planning 60

HR Planning Compensation Resources HR Software 60

HR Daily Advisor

NOVEMBER 13, 2018

Health Savings Accounts (HSAs) can be used to save for both current and future health expenses, demonstrating their value as a tool for physical and financial health today and in retirement. HSAs offer additional flexibility and benefits that other retirement accounts don’t. And yes, they are a valuable retirement savings tool.

Retirement 61

Retirement Planning Tools HR Software Comparison 61

Insperity

OCTOBER 10, 2023

workers better prepare financially for retirement, at every stage of their employment journey. workers who have not been able to save enough money to retire have delayed their transition into this next stage of life because of current economic conditions and record-high inflation. The SECURE 2.0 For many U.S. The SECURE 2.0

Retirement 113

Retirement Bonuses and Incentives Planning Tools 10KC 113

Astron Solutions

SEPTEMBER 29, 2020

As we plan for 2021, we need to consider COVID-19’s impact on 2020 compensation decisions for nonprofit executives. For the most part, nonprofit executive compensation came to a halt. Many organizations froze, or in some cases reduced, current compensation levels.

Compensation 52

Compensation Trends Hiring Software Planning Tools 52

Vantage Circle

JUNE 5, 2024

At the center of this transition lies the willingness to go beyond traditional compensation packages and immerse employees in company culture. They include health insurance, paid time off, retirement plans, etc. Draw a comparison between must-haves and nice-to-haves. Companies are bound by legal obligations to offer benefits.

Company 59

Company Staffing Software Workday Planning Tools 59

Astron Solutions

OCTOBER 12, 2021

2020 Observation: “While executive compensation is a concern in terms of visibility to employees and the public, it is important that we retain critical executive talent as we navigate through 2020. Now is not the time to reduce compensation levels.”. 2021 Observation: The total compensation mix remains important.

Compensation 52

Compensation Bonuses and Incentives Planning Tools Recruiting Software 52

Visier

JANUARY 28, 2016

With the demand generated by the Affordable Care Act, baby boomers starting to retire, and more people battling chronic conditions , patient care is needed more than ever. Find out how resignations are affected by things such as compensation ratio, promotion wait time, pay increases, tenure, performance, and training opportunities.

Retention and Turnover 150

Retention and Turnover Hiring Software Onboarding Software HR Software 150

Namely

APRIL 26, 2018

When it comes to retirement plans, the number one reason companies change their investment manager or recordkeeper is high fees. Custodian: The Custodian is the institution that holds the retirement assets. The complexity of retirement plans requires a lot of services that can add up quickly.

Retirement 49

Retirement Comparison Compliance Guidelines 49

ACA Times

JANUARY 29, 2020

The settlement resolves the case and provides compensation to the roughly 1,200 current and former full-time employees of Dave & Buster’s who are part of the class action lawsuit in two sub-classes; (1) those that lost hours & benefits, and (2) those that lost hours & benefits eligibility.

Compliance 100

Compliance Retirement Comparison Compensation 100

Genesis HR Solutions

JUNE 21, 2022

When we talk to prospective clients about our PEO’s retirement plans, they’re sometimes skeptical about the value of using them, especially if they already have their own plans in place. They wonder: Is switching to a PEO’s retirement plan worth it? 4 Good Reasons To Consider A PEO Retirement Plan For Your Small Business.

Retirement 52

Retirement Planning Tools Hiring Software Onboarding Software 52

WEX Inc.

MAY 8, 2023

HSAs come with a variety of potential benefits, including employer contributions , extra savings on eligible health expenses , and the ability to invest your money over time for healthcare in retirement. Check out our free white paper about HDHPs, HSAs and retirement planning! It is not legal or tax advice.

Trends 97

Trends Retirement Comparison Compensation 97

Genesis HR Solutions

NOVEMBER 18, 2020

A traditional 401(k) plan limits business owners, company officers, and high wage earners, often referred to as highly compensated employees (HCEs) in how much money they can contribute to the plan. Of those 11 people, only one is considered highly compensated. Everything above that is returned to them as compensation—and it is taxed.

ADP 105

ADP HR Planning Wage and Hour Training Planning Tools 105

ACA Times

FEBRUARY 21, 2018

According to the court order denying the motion to preliminarily approve of the settlement, the court stated that the proposed settlement was inconsistent with the complaint, which did not seek monetary compensation, and it failed to provide damages calculations or other evidence to sufficiently show that the settlement was fair and reasonable.

Retirement 100

Retirement Comparison Compliance Compensation 100

Astron Solutions

OCTOBER 1, 2020

As an HR leader for your organization, you know that employee compensation is not just something you determine when you hire a new team member and then forget about. In fact, how you compensate a team member should reflect their performance and will often change throughout their journey with your organization. Ready to learn more?

COMPAS 59

COMPAS Compensation Hiring Software Planning Tools 59