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The difference is the depth of the research, the speed of content delivery and where the author’s compensation ultimately comes from. I tend to follow particular themes instead of doing one-off projects because our primary business model is annual subscription, although we do make many research publications and webinars available for free.
Acorns to launch new retirement accounts after buying Portland fintech startup, Vault. HRsoft to Host Webinar on Using Compensation Technology to Improve Comparable Worth & Equal Pay. Orthoexecutive and Crowther Ballantyne Associates Merge to Provide Enhanced Specialist Executive Search and Recruitment Service.
Addressing Compensation & Benefit Challenges – Effective Uses of Nonqualified Plans. Location: Webinar – link to be provided to attendees prior to the event. Nullifying competitive compensation disadvantages. Avoid losing corporate compensation tax deductions due to 162(m). Date: Thursday, March 25, 2021.
For employees, they provide financial security, customized guidance and peace of mind beyond their primary source of compensation. Workshops, webinars and coaching sessions can all be used to explain how the benefits work and how they can improve employees’ financial situations. But the fix is simple.
And, apart from better retirement preparedness, employers continue to have a lot to gain by supporting employees’ financial wellness. The need for employers to help employees with emergency savings became particularly critical during the pandemic, Angela Trefethen, senior director of retirement plan services at The Standard, tells HRE.
DEI & Financial Wellness: Bridging the retirement race gap. Learn how the retirement race gap affects your workforce, and how your company can prevent retirement insecurity by addressing it head-on. What is the retirement race gap? The retirement gap is fueled by inequality in the workplace.
Our webinars on demand have over 50 podcasts, webcasts and webinars available for HRCI and SHRM recertification credits. and Canada covering all aspects of benefits and compensation. The WOW Certification program offers 8 different certification programs for compensation and benefits experts to choose from.
If you didn’t get a chance to watch the webinars live, feel free to watch them on-demand. To view the entire webinar and gain more insights from Jennifer McClure, click here. For more ideas on how to energize your team through effective leadership, watch the webinar. For a more detailed breakdown, watch the webinar.
Costly medical expenses and confusion about benefits language are leaving employees feeling discouraged about their healthcare and retirement options. Concurrently, employees can use the money saved in their HSA for qualified healthcare expenses when in retirement. So, does this really make an HSA the new 401(k) ? Yes and no.
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.
In our recent webinar with Human Capital Institute, Fact Checking the Latest Performance Management Trend s, speaker Alan L. See a few key takeaways from the webinar below, or watch the webinar here. Watch the full webinar here. Colquitt, Ph.D., Colquitt, Ph.D., More Feedback Is Always Better.
Compensation and Benefits Administration You manage compensation and benefits to maintain employee satisfaction and retention. This involves setting up competitive salary packages and comprehensive benefits plans, such as health insurance and retirement plans. What training and development opportunities exist for HR managers?
Allowing employees to choose causes they are passionate about enhances motivation and engagement, while monetary compensation and paid volunteer time off make participation more feasible. These workshops can cover essential topics such as budgeting, savings, credit management, and retirement planning that meet the needs of your community.
Industry publications, webinars, and legal briefings are great resources to stay informed about new developments. This includes reviewing health insurance plans, retirement savings options , and any other perks provided to employees. WEX receives compensation from some of the merchants identified in its blog posts.
By providing a customized summary that included detailed information on health insurance, retirement contributions, and wellness programs, we saw a marked increase in employee engagement and utilization of benefits. These webinars can be recorded and archived for those who are unable to attend the live session.
How to Engage Employees and Reduce Turnover with Total Compensation Statements. As HR leaders, you know that an employee’s compensation is more than just their salary. The beginning of a new year is a great time to remind employees of this with total compensation statements. Wednesday, December 8 | 1 p.m. Register Now.
Strategies for Enhancing Financial Flexibility in the Workplace Here’s how you can help your employees build financial flexibility: Fair Compensation Be sure you offer wages that align with industry standards and the cost of living. These plans let employees contribute pretax dollars that grow tax-deferred until retirement.
This Astronology® , the third in our three-part series, examines non-profit executive compensation. In considering non-profit executive compensation, employers and Board have two primary legal concerns. Any portion of compensation paid to a licensed medical professional (e.g., Those entities pay their pro rata share of the tax.
Watch Now: Remote Employees: A Compliance Watchlist [Free Webinar] 6 Factors to Consider for Remote Work Compliance Take stock: Employers should always be aware of where their employers are working. Workers’ compensation agencies can also audit based on unemployment tax returns. Examine the details: Reporting can be tricky.
Some require that you provide departing employees with final paychecks on their last day of work; others require that you compensate departing employees for unused vacation or sick time. Intoo’s webinar— Compassionate Offboarding: How to Manage Layoffs with Empathy and Dignity —covers how to manage a layoff meeting with empathy and dignity.
It’s also referred to as churn, and includes both voluntary leavers (those that resign or retire) and involuntary leavers (as in the case of redundancies, poor performance, or other cases where the employee was forced to leave the organization). Retirement Trends. Resignation Correlations.
It’s also referred to as churn, and includes both voluntary leavers (those that resign or retire) and involuntary leavers (as in the case of redundancies, poor performance, or other cases where the employee was forced to leave the organization). Retirement Trends. Resignation Correlations.
From healthcare and retirement plans to wellness initiatives and flexible work arrangements, their expertise in navigating the complex world of benefits administration is crucial for attracting and retaining top talent. It will teach you about total rewards strategy , pay principles, sales compensation , and pay gap analysis.
These positions include: HR Specialist : Manages HR functions like recruitment, training and development, compensation and benefits, rewards, and employee relations. HR Coordinator : Facilitates all key HR functions and programs, including matters related to employment, employee relations, compensation and benefits, and labor negotiations.
Compensation programs need to adapt to these different stages as companies grow and evolve. For example, compensation plans needed for start-ups are very different compared to those needed for mature companies. Let’s see how the various stages impact compensation. . There is no formal compensation program.
With these programs, employees can access financial workshops, webinars, and online courses that cover essential topics related to personal finance. Additionally, some financial wellness programs may offer debt management strategies, retirement planning tools, and access to financial coaches who can provide one-on-one guidance.
Consider how compensation planning and management factors into every facet of an individual business. But you can’t just give employees greater responsibility and compensation if they are not ready for it. The dangled carrot in addition to a larger role is the increased compensation. Request a Compensation Planning Demo.
Definition and purpose The options of Employee Benefits add to the regular compensation package that employees receive and are part of non-wage compensations given out to employees. Understanding the benefits of the employee: Enhanced satisfaction through a well-designed benefits package.
Look beyond the 401(k) Employees tend to think of a 401(k) retirement plan as a standard, commonplace benefits offering. Furthermore, a 401(k) is focused on the future and long-term goals – a more urgent and timely concern for older employees closer to retirement. But increased salaries may not always be feasible.
Employee benefits are forms of compensation outside of a traditional salary or wage. Financial wellness can take many forms, but you might consider basic financial literacy courses, budgeting classes, retirement planning, and the tools a benefits solution might offer. Why are employee benefits important to small businesses?
Being well-informed means gleaning data from several channels and outlets, including everything from industry publications to expert webinars. Focus on a holistic approach Physical health insurance and retirement planning has always been the cornerstone of a traditional benefit strategy.
Since 401(k) retirement savings plans first appeared in the early 1980s, they have grown rapidly. This option of receiving money as either part of one’s compensation—as cash, in other words—or as deferred income, is the essence of the term “cash or deferred arrangement” (CODA). designer491 / iStock / Getty Images Plus.
Companies have long supported 401(k) retirement accounts for employees as part of a comprehensive compensation package. While retirement savings still have importance, this only scratches the surface of what people expect and need when looking for a job.
Take a deeper, more comprehensive look at the CARES Act with our recent webinar, “Opportunities for Small Businesses,” hosted by Insperity’s Tom Himmer, vice president of customer development.
Faurote, who is president of Total Reward Solutions, and Ahlrichs, a consultant and business developer for Gregory and Appel, shared their expertise on base pay programs in a recent webinar presented by BLR® and HR Hero®. Top 10 Compensation Mistakes. Employers see compensation as an expense and not an investment. Outsourcing.
If you fail to let employees know about the layoff within this timeframe, your company may have to compensate workers for wages lost. For a primer on what to say and do as you conduct a reduction in force, watch Intoo’s webinar, Compassionate Offboarding: How to Manage Layoffs with Empathy and Dignity.
If you fail to let employees know about the layoff within this timeframe, your company may have to compensate workers for wages lost. For a primer on what to say and do as you conduct a reduction in force, watch Intoo’s webinar, Compassionate Offboarding: How to Manage Layoffs with Empathy and Dignity.
Some require that you provide departing employees with final paychecks on their last day of work; others require that you compensate departing employees for unused vacation or sick time. Intoo’s webinar— Compassionate Offboarding: How to Manage Layoffs with Empathy and Dignity —covers how to manage a layoff meeting with empathy and dignity.
You might be surprised that fair compensation alone isn’t sufficient: according to a Willis Towers Watson study, 18% of employees making more than $100,000 are living paycheck to paycheck, and 39% of employees wouldn’t be able to come up with $3,000 if an unexpected need arose within the next month.
More than ever before, tried-and-true equity compensation programs are proving to be a valuable tool to attract and engage new prospects and employees. A full 57% reported that they are more loyal to an employer that provides an equity compensation plan.
Compensation and benefits 6. These cornerstones are: Recruitment & selection Performance management Learning & development Succession planning Compensation and benefits Human Resources Information System (HRIS) HR data and analytics Let’s take a closer look at each of the seven HR Management basics. The 7 HR basics 1.
Financial compensation is one example, but employees also value the ability to give back to their community and opportunities for development and career advancement. Great workplaces also consider employee feedback on compensation. Salesforce conducts an equal pay analysis every year as part of its annual compensation process.
Additionally, retirement savings is a key area of interest for people today, but they may not have access to the tools or information they need. A PEO broker can extend educational resources by collaborating with a PEO to host year-round webinars and Q&A sessions. Certification trifecta. Full-service transparency.
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