Zalaris

JULY 25, 2024

When employees feel valued, respected, and fairly compensated, they are more likely to remain committed to their roles and contribute their best efforts. Strategic compensation encompasses various components that collectively contribute to an employee’s total rewards package. 2 times their annual salary.

Compensation 52

Compensation Bonuses and Incentives Recruiting Software Planning Tools 52

Affinity HR Group

OCTOBER 3, 2024

Traditional benefits like health insurance, retirement plans, and paid time off serve as hygiene factors or factors that help prevent employee dissatisfaction. Retirement Plans Retirement plans are paramount for the long-term financial security of employees. A recent study by Upwork estimates that 32.6

Employee Benefits 40

Employee Benefits Trends Retirement Planning Tools 40

Hppy

JUNE 6, 2025

Health Insurance A study by the Employee Benefit Research Institute revealed that 78% of employees consider health insurance the most crucial benefit , solidifying its foundational importance. Following health insurance, retirement plans serve as another cornerstone of a well-rounded employee benefits package.

Strategy 91

Strategy Retention and Turnover Planning Tools Retirement 91

HRExecutive

MAY 1, 2025

This is changing how payroll and compensation are handled in many organizations. Traditionally, payroll technology focused on the operational process of paying employees, while the compensation function and its technology addressed the broader, strategic management of rewards and incentives.

HR Software 73

HR Software Recruiting Software Assessment Software Interview Software 73

Best Money Moves

JULY 30, 2024

In fact, according to MetLife’s 2024 Employee Benefit Trends Study, 93 percent of employees consider workplace wellbeing as important as salary. Choosing irrelevant and outdated benefits Before considering any benefits, it’s important to understand what employees want out of their compensation package.

Planning Tools 59

Planning Tools AI Recruiting Retirement Survey 59

HR Digest

MARCH 12, 2025

At its core, the fringe benefits meaning refers to any compensation provided to employees beyond their regular wages or salaries. Financial Incentives Beyond salaries, employers might offer retirement plans (e.g., A 2024 Deloitte study found companies with robust benefits packages saw 25% lower attrition rates.

HR Planning 72

HR Planning Bonuses and Incentives Retention and Turnover Examples 72

AIHR

JULY 12, 2024

W-2s), and other related documents Enroll in, change, or manage their benefits plans, including health insurance, retirement plans, and other perks Update their contact details, address, emergency contacts, and other personal information directly in the HR system Clock in and out, log work hours, and track their attendance records.

HR Software 106

HR Software Hiring Software Onboarding Software Planning Tools 106

Empuls

DECEMBER 24, 2024

The program collects non-wage compensation for employees and their salaries.    These benefits range from health insurance to retirement plans, paid time off (PTO), and wellness programs. Retirement plans : Helps employees save for the future. A staff benefits program is a collection of perks provided by employers.

Trends 40

Trends HR Software Planning Tools Assessment Software 40

AIHR

SEPTEMBER 4, 2024

According to a study by Deloitte , companies that implement effective recognition programs have 31% lower voluntary turnover than those that don’t. GET STARTED Driver 11: Fair compensation Fair compensation reflects how much the organization values its employees.

Employee Engagement 106

Employee Engagement Hiring Software HR Software Planning Tools 106

Vantage Circle

FEBRUARY 3, 2025

Some studies estimate that the cost of turnover typically ranges from six to nine months of the employee’s salary. Key Takeaways 5 Main drivers of employee retention Strategies to improve the drivers of retention Driver 1: Competitive Compensation and Benefits Money talks! The vision of your company, its goals and success.

Examples 66

Examples Retention and Turnover Bonuses and Incentives Hiring Software 66

AIHR

JULY 9, 2024

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. They are available 24/7 over the phone, online, or face-to-face.

Bonuses and Incentives 52

Bonuses and Incentives Examples Hiring Software HR Software 52

HR Stacks Blog

JUNE 29, 2025

Many rehires return with fresh skills, higher compensation, and renewed motivation after exploring opportunities elsewhere. Lower hiring costs Studies reveal rehiring former employees can slash recruitment and onboarding expenses by 33–66%. Step 4: Negotiate Thoughtfully: Clarify role, compensation, and career path.

Hiring Software 52

Hiring Software Onboarding Software Assessment Software Recruiting Software 52

Peoplebox

JULY 18, 2024

In fact, studies suggest that automation can reduce administrative expenses for HR departments by 30% and businesses by 49%. Overtime calculations: To comply with labor laws and ensure accurate compensation, automation tools precisely calculate overtime hours based on established rules.

HR Software 52

HR Software Onboarding Software Hiring Software Recruiting Software 52

Empuls

AUGUST 28, 2024

This not only highlights the importance of employee benefits in fostering loyalty and satisfaction but also underscores the potential risks for companies that fail to prioritize this aspect of their compensation strategy. They help identify the most suitable benefits, such as health insurance, retirement plans, and wellness programs.

Employee Benefits 40

Employee Benefits Planning Tools Assessment Software HR Software 40

Peoplebox

SEPTEMBER 25, 2024

By comprehensively understanding critical positions via job analysis, organizations can also make informed decisions in areas such as: Recruitment Training Performance management Compensation Strategic workforce planning Suggested Read: What are the objectives of job analysis? 401(k) retirement plan with company match.- What matters?”

Analysis 52

Analysis Hiring Software Interview Software Background screening 52

Best Money Moves

APRIL 9, 2025

Apple Pay or GooglePay) More recently, fintech has entered the landscape of employee benefits and compensation. Earned wage access & other alternative payment methods As fintech continues to innovate, companies are rethinking how employees are compensated. Financial wellness is top of mind for employees and employers.

Employee Benefits 64

Employee Benefits AI Recruiting ADP Compensation 64

Peoplebox

DECEMBER 26, 2024

If your senior engineers are retiring in two years, you must nurture technical leaders now. Studying industry shifts helps, too as customers demand more personalized experiences, you might need creative problem-solvers who can read between the lines of data. Look for overlooked internal stars who could grow into critical roles.

Talent Acquisition 52

Talent Acquisition Hiring Software AI Recruiting Interview Software 52

Ongig

DECEMBER 18, 2024

So, in simple terms, it means providing clear details about how compensation decisions are made, including pay scales, benefits information, and the range of compensation for similar roles. For instance, California employers are required by state law to include a range of compensation for open positions in their job ads.

Hiring Software 52

Hiring Software Video Recruiting How To Compensation 52

Business Management Daily

SEPTEMBER 16, 2024

Their study also found that not having an HR department made the workplace feel toxic, so it’s important to have HR functions in place. There are many reasons, including being short-staffed and needing an internal Human Resources department, which is a reality for many small and medium-sized companies.

HR Planning 52

HR Planning Hiring Software Onboarding Software Staffing Software 52

Best Of HR

MARCH 17, 2025

When individuals are worried about debt, budgeting, saving, or planning for retirement, it doesn’t just stay at home, it directly affects their focus, engagement, and performance on the job. Financial stress is one of the most common, and often overlooked, burdens employees carry into the workplace.

Retention and Turnover 40

Retention and Turnover Retirement Hiring Software Recruiting Software 40

Workable

DECEMBER 6, 2024

According to a Deloitte study , Gen Z employees who feel cared for at work are 3.3x A 2022 study by McKinsey & Company found that almost a quarter of Gen Z do not expect to retire. Its no secret what companies do this well and who doesnt, thanks to Glassdoor and websites like X, formerly known as Twitter, and Instagram.

Hiring Software 105

Hiring Software Recruiting Software Compliance Training Planning Tools 105

MiHCM

JULY 6, 2025

In the following sections, we explore features, integrations, and ROI case studies to guide HR managers toward strategic payroll automation. The automated tax calculations respect statutory deadlines, calculate deductions for benefits, garnishments, and retirement contributions, and produce audit-ready documentation.

HR Software 52

HR Software Hiring Software Planning Tools Onboarding Software 52

Contact Monkey - HR

AUGUST 19, 2024

This IDP case study illustrates exactly how ContactMonkey’s email tracking feature offered the data needed to understand the impact of communications on staff members and how to make them effective. ” “How satisfied are you with the benefits package (health insurance, retirement plans, etc.) Wondering how?

Assessment Software 59

Assessment Software Planning Tools Interview Software HR Software 59

Payactiv

JULY 16, 2025

And while compensation matters, the deeper issue runs through the very structure of work itself. Meet Employees Where They Are Don’t assume everyone’s ready to plan for retirement. 55% of frontline workers plan to leave their jobs within the next year. The reason? Work feels like a transaction, not a relationship. That starts by: 1.

PayActiv 52

PayActiv Wage and Hour Training Hiring Software Planning Tools 52

HR Digest

MARCH 14, 2025

But there are exceptions, and March 2025 schedule for Social Security payments offers a case study in how the calendar can shift expectations. These Social Security payment dates for March 2025 apply to retirement, disability, and survivor benefits, delivered predominantly via direct deposit.

HR Software 52

HR Software Planning Tools Retirement Case Study 52

Peoplebox

DECEMBER 28, 2024

If your senior engineers are retiring in two years, you must nurture technical leaders now. Studying industry shifts helps, too as customers demand more personalized experiences, you might need creative problem-solvers who can read between the lines of data. Look for overlooked internal stars who could grow into critical roles.

Hiring Software 52

Hiring Software AI Recruiting Interview Software Recruiting Software 52

Empxtrack

DECEMBER 16, 2024

The list of benefits can range from health insurance to retirement plans, demonstrating that organizations genuinely care about their workforce. These are non-wage compensations provided to employees in addition to their regular salaries. The benefits include health insurance, retirement plans, paid time off, and wellness programs.

Employee Benefits 76

Employee Benefits Bonuses and Incentives HR Software HR Planning 76

Ongig

OCTOBER 15, 2024

Traditionally, employee benefits revolved around perks like vacation time off and retirement plans. The same study also shows that 80% of women seek flexibility for their next job role. So, a domestic partner benefits package could include paid sick leave, retirement benefits, and medical and health insurance coverage. #6

Employee Benefits 59

Employee Benefits Hiring Software Background screening Planning Tools 59

Hoops

JULY 16, 2025

Not retirements, layoffs, or someone moving to Fiji to run a juice shack. Preventable turnover = an employee left your company for reasons that could have been addressed with better leadership, culture, clarity, compensation, or opportunity. According to Gallup’s study: Regular, meaningful conversations with their manager.

Retention and Turnover 157

Retention and Turnover Hiring Software Interview Software Onboarding Software 157

Course Ministry

NOVEMBER 27, 2024

Certification does not pertain to any age frame, anyone whether a student, working professional, or someone who has retired. Usually, retired people think about the benefit of indulging in the process of certification now as it won’t cater to any of the notions of success or career enhancement.

Certification 52

Certification HR Planning Compliance Training Course 52

Ongig

MARCH 19, 2025

Key Green Flags in Job Descriptions Green Flag: Salary Transparency and Competitive Compensation One of the most important green flags in job descriptions is clear salary transparency. Studies find that new hires who receive comprehensive benefits from day one are more likely to feel valued and supported in their new role.

Hiring Software 52

Hiring Software Interview Software Assessment Software Retention and Turnover 52

Empuls

AUGUST 30, 2024

According to studies, 60% of employees report that benefits and perks are a major factor in deciding whether to accept a job offer, and organizations with robust perks have 31% lower turnover rates.    What are employee perks?  The comprehensive benefits package helps keep Starbucks' retention above the industry average. 

Wage and Hour Training 40

Wage and Hour Training Talent Experience 10KC Retention and Turnover 40

Empuls

AUGUST 30, 2024

According to studies, 60% of employees report that benefits and perks are a major factor in deciding whether to accept a job offer, and organizations with robust perks have 31% lower turnover rates.    What are employee perks?  The comprehensive benefits package helps keep Starbucks' retention above the industry average. 

Wage and Hour Training 40

Wage and Hour Training Talent Experience 10KC Retention and Turnover 40

Extensis

OCTOBER 9, 2024

For example, a recent graduate may appreciate a student loan repayment benefit, while a worker approaching retirement will likely utilize financial planning services to smooth that transition. Flexibility : Nearly two-thirds of U.S. Flexibility : Nearly two-thirds of U.S. Regional laws , including but not limited to: Taxes (i.e.,

Video Recruiting 52

Video Recruiting AI Recruiting Talent Acquisition Recruiting Software 52

Ongig

APRIL 8, 2025

Tools like salary surveys and competitor analysis assist recruiters in determining whether the roles compensation is competitive enough or whether the employee benefits align with industry standards. More recent studies confirm this effect. hybrid work options). Create ethical guidelines for AI use when writing job descriptions.

AI Recruiting 52

AI Recruiting Hiring Software Video Recruiting HR Software 52

Ongig

JULY 24, 2024

A study conducted by AARP and the Economist Intelligence Unit found that age discrimination against older adults cost the economy $850 billion in 2018 alone. It protects individuals in every stage of employment , from hiring to training to compensation. Age bias is expensive. What else do you need to know about the ADEA in hiring?

Hiring Software 52

Hiring Software Video Recruiting Discrimination Interview Software 52

HR Digest

JUNE 10, 2025

Senior workers are now staying employed for longer, either due to their own desire to work or due to retirement benefits being pulled further out of their reach. Employers in white-collar industries are not hiring, but they are especially against hiring older employees who will want higher pay as compensation for their experience.

Hiring Software 66

Hiring Software AI Recruiting HR Software Interview Software 66