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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. But, things like fair pay, better benefits options, and job responsibilities are well within a business’s control. So What Should Businesses Do?

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On-site, fully remote, or hybrid? 3 things you must consider before deciding.

Business Management Daily

Another cloud-based platform aimed at smaller and midsized companies, Zenefits offers all the typical core HR functions, plus features like an employee wellness program. If you are considering adjusting your compensation strategy for remote employees, expect backlash. Two tactics will make it easier to weather the criticism: 1.

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Best enterprise HR software systems 

HiBob

This platform offers a recognition center to publicly praise well-performing team members. Pros: User-friendly interface Customizable to fit the business use case Cons: “The time management capabilities are cumbersome and counter-intuitive.” – verified user “It is not well integrated with Google Suite.

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Everything You Need to Know About Workforce Optimization

Zenefits

Absenteeism and presenteeism rates will likely decrease as employees will be more driven to come to work and perform well. Wellness and well-being benefits. Compensation. For access to these workforce optimization tools and more, check out Zenefits’ people operations platform. Task automation. Meaningful work.

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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. But there are other benefits as well. That can help create a policy that works well for everyone. It May Vary by Industry appeared first on Zenefits Blog. The post How Much PTO Should You Offer?

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HR vs. Payroll: What’s the Difference?

Zenefits

Ensure that shifts are maintained and well-staffed. Once a person does well at work, they may be eligible for additional financial compensation. With a tool like Zenefits, you can build the relationship and make sure that every change is communicated across your network. Software like Zenefits makes that possible.