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M&A Friday! This Week’s HR Deals

Advos

Raises $7M in Series B Funding to Fuel Growth and Market Expansion for Employer Student Loan Contribution Platform. Shortlist Raises $1 Million in Seed Funding to Help Employers Discover Untapped Talent Across Africa and India. to Provide a Systemwide Resource for Pre-Employment Background Checks for Franchisees.

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Employee Scheduling Software: 10 Best in 2024, Reviewed!

Vantage Circle

Mobile Accessibility: Empowers employees to check schedules and request changes on the go. Customer Review “Easy to use and detailed information are displayed from the moment you logged in to the page.” Payroll Integration: Syncs employee schedules with payroll systems for accurate payments. month Essentials $32.50/month

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How To Calculate Total Compensation

Zenefits

Total compensation reflects all that employees earn. Both employers and employees should be aware of total compensation packages so they can fairly evaluate employee pay. Employers must budget for all that’s included within an employee compensation package , and they must also compose competitive offers.

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Employees Want Better Benefits, Study Shows They're Willing to Leave Current Job for Better Retirement Options

Guideline

One of the top reasons small business employees leave jobs is to get access to better benefits and retirement options, according to a new study by Zenefits. Things like failed “interpersonal relationships” and “life changes” are outside of the control of an employer. It can also help keep your balance sheets in check.

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Time to Hire: Why Hiring Speed Matters, and How to Boost Yours

Zenefits

According to a 2021 Robert Half survey , most in-demand candidates (62%) start looking elsewhere if an employer takes 2 weeks (10 business days) or longer to respond following the interview. In other words, if you take too long to seal the deal with a qualified candidate, they’ll likely wind up with another employer. Keep in touch.

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5 Things Employees Value More than Salary

Zenefits

And while 69 percent ranked compensation as the number one factor, a surprising 61 percent listed company culture as the second most important factor. So although money is still a significant factor when it comes to a job, it simply doesn’t compensate for an unhappy work environment. .

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How Much PTO Should You Offer? It May Vary by Industry

Zenefits

Whether you’re a large employer or a small mom-and-pop shop, employees appreciate being valued with compensated days off. For most companies that let employees accrue additional time, there’s a cap on how much they can earn over the lifetime of employment. Do employers have to give vacation time? PTO versus Vacation Pay.