Achievers

FEBRUARY 2, 2021

The term “employee benefits” is used regularly, but often with a limited, traditional definition in mind. The traditional concept refers to legally mandated benefits plus a few voluntarily added by employers. What are employee benefits? . Employee benefits are non-salary compensation and perks.

Employee Benefits 238

Employee Benefits Hiring Software Recruiting Software Planning Tools 238

Business Management Daily

SEPTEMBER 16, 2024

Handling employee benefits and other HR services in-house is extremely difficult for many small businesses. According to research by Secure Data Recovery, 88% of employees have worked at a small business without a dedicated HR team. Professional employer organizations (PEOs) offer a cost-effective solution to this problem.

HR Planning 52

HR Planning Hiring Software Onboarding Software Staffing Software 52

Payactiv

NOVEMBER 20, 2024

This creates a situation where employees often work vastly different schedules from their family and friends, limiting their time to connect with their loved ones and enjoy many of the activities that others participate in. Read the full case study. Click here to schedule a demo or get in touch to speak to one of our expert team today.

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Intoo USA

SEPTEMBER 7, 2023

Employee benefits play a crucial role in attracting, retaining, and motivating top talent in any organization. However, the effectiveness of these benefits heavily depends on how much they address the needs of your workforce and how well they are communicated to your employees.

Employee Benefits 194

Employee Benefits Video Recruiting Hiring Software Onboarding Software 194

Best Money Moves

APRIL 9, 2025

Apple Pay or GooglePay) More recently, fintech has entered the landscape of employee benefits and compensation. Financial wellness is top of mind for employees and employers. Investing in fintech solution can help simplify benefits and support employee well-being. Top talent wants more than a high-paying salary.

Employee Benefits 64

Employee Benefits AI Recruiting ADP Compensation 64

HRExecutive

MARCH 13, 2025

Health savings accounts (HSAs) are a popular employee benefit, serving as a core component in an estimated 22% of employee benefit plans. million closed last year, according to a study by Devenir. million closed last year, according to a study by Devenir. Not convinced this is your responsibility?

HR Software 100

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Extensis

SEPTEMBER 6, 2024

Quick look: 401(k)s are the most popular retirement plans in the U.S. While their advantages for employees are well known, they also have tremendous benefits for business leaders. When people think of a retirement savings plan, many think of a 401(k). trillion in DC plans at the end of 2023. Who has a 401(k)?

Planning Tools 103

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Best Money Moves

DECEMBER 4, 2024

However, not all employees face the same financial woes. Younger generations tend to worry about affording monthly expenses, whereas Baby Boomers tend to worry about if — and when — they can afford to retire. Moreover, employee benefits related to student debt aren’t just for younger generations.

Assessment Software 104

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Best Money Moves

JANUARY 7, 2025

Moreover, employees view their employers as responsible for financial wellness efforts. According to MetLifes Employee Benefit Trends Study 2024 , 92% of employees want more consistent care from their employers. Wellness benefits must support both immediate financial challenges and long-term goals.

Assessment Software 103

Assessment Software Recruiting Software Planning Tools HR Software 103

HRExecutive

APRIL 15, 2024

How benefits are administered Outsourcing benefits administration is still widely used by companies of all sizes. Overall, 55% of all companies either partially or fully outsource the administration of some benefit offerings. The post Want to boost employees’ perception of HR? We urge you to sign up today.

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Best Money Moves

JULY 15, 2024

According to an American Psychological Association study , over 60% of Gen Z and Millennials say they feel overwhelmed by their financial woes, compared to 13% of Americans 65 and older. And for younger employees, their financial worries extend far into the future. Take a digital-first approach to financial wellness benefits.

Planning Tools 104

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HR Lineup

OCTOBER 17, 2024

Comprehensive study guides and self-paced online courses. Both certifications include comprehensive modules on compensation and benefits management , making them ideal for HR professionals seeking a broader understanding of total rewards. Key Features: Covers compensation strategies, employee benefits, and performance incentives.

Certification 97

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HR Bartender

JUNE 19, 2017

(Editor’s Note: Today’s post is sponsored by Massachusetts Mutual Life Insurance Company (MassMutual), a leading provider of insurance, annuities, retirement plans, and other employee benefits. Small Business Concerns about Employee Loyalty. I recently got my hands on the MassMutual Business Owner Perspectives Study.

10KC 381

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Extensis

OCTOBER 5, 2023

Quick look: Retirement never strays far from the topic of conversation, even among those newly entering the workforce. A recent Transamerica study explores how Gen Z is preparing for retirement, how it differs from older generations, and ways brokers can help their clients adjust their benefits to accommodate all.

Retirement 97

Retirement Study Planning Tools HR Software 97

Vantage Circle

SEPTEMBER 16, 2021

In other words, an ESOP plan is an employee benefit program , somewhat similar to a profit-sharing plan. The company shares the profit with the employees in a profit-sharing plan , but they do not own the stocks. In an ESOP plan, the employees own these stocks, which are sometimes turned into an individual retirement account.

Planning Tools 52

Planning Tools Retirement Hiring Software Staffing Software 52

Best Money Moves

DECEMBER 7, 2021

Financial Wellness: The must-have employee benefit in 2022. If you aren’t incorporating financial wellness into your 2022 benefits strategy, your employees are missing out. The COVID-19 pandemic has had a long-lasting impact on your employees’ financial health. But not all of your employees are financially stable.

Employee Benefits 122

Employee Benefits Wellness Planning Tools Retirement 122

Intoo USA

JUNE 7, 2019

In a tight labor market, a competitive employee benefits package is essential to attracting great talent. Many potential employees today seek not just health insurance and retirement savings plans but also less quantifiable benefits like a great company culture and diversity initiatives.

Outplacement 130

Outplacement Employee Benefits Employer Branding Interview Software 130

HRExecutive

JANUARY 13, 2025

Financial flexibility and wellness tools such as on-demand pay and earned wage access are becoming significant levers for employee benefits, and tech firms are responding with innovative options to meet this growing demand, according to industry analysts. For many workers, financial planning depends on more than earning a paycheck.

HR Software 116

HR Software Planning Tools Wellness Paychex 116

Extensis

NOVEMBER 2, 2023

Quick look: Last month MetLife released a new study reaffirming the importance of expansive benefit offerings. It mentions how benefits contribute to employees’ feelings of stability and happiness about their jobs, in addition to common enrollment barriers posing challenges for brokers and their clients.

Employee Benefits 98

Employee Benefits Study Planning Tools HR Software 98

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. What are employee benefits providers? This reduces the administrative burden on HR departments.

Employee Benefits 40

Employee Benefits Planning Tools Assessment Software HR Software 40

HR Digest

MAY 21, 2023

A strong employee benefit package can go a long way. Employer benefits package is key to attracting and retaining top talent. A recent study by the Predictive Index (PI) found, optimizing talent is the number one concern keeping business leaders up at night. What do you want to achieve with the employee benefit package 2.

Employee Benefits 105

Employee Benefits Retirement Compensation Benchmarking 105

Best Money Moves

SEPTEMBER 7, 2022

households are behind on retirement savings. Here’s how companies can help their employees prepare for retirement. . As a large number of Americans approach retirement age, many worry about rising costs. About 8 in 10 pre-retirees cannot afford to retire. In fact, according to a McKinsey study, over 80% of U.S.

Retirement 115

Retirement Hiring Software Planning Tools Survey 115

AIHR

FEBRUARY 10, 2023

The types of employee benefits an organization provides carry weight in today’s employment market. Compensation on its own is not enough to engage employees and attract job seekers who now expect more comprehensive rewards for their work. Contents What are employee benefits? Why are employee benefits important?

Employee Benefits 116

Employee Benefits HR Software Wage and Hour Training Planning Tools 116

Best Money Moves

NOVEMBER 1, 2023

3 ways to improve your employee benefits communication. Use these 3 strategies to improve your employee benefits communication and help your team make the most of your benefits offerings. Even the most robust employee benefits programs can fall flat without clear communication.

Employee Benefits 105

Employee Benefits Hiring Software Onboarding Software Planning Tools 105

HR Brew

FEBRUARY 9, 2024

23 new employee benefits , including a student debt relief program. Over 73% of Chipotle’s 110,000 US restaurant employees are Gen Z, the fast-casual chain noted in a press release. Paying down student debt and saving for retirement typically don’t go hand-in-hand. As of March 2023, Americans owe $1.6

Recruitment 221

Recruitment Retirement CHRO Compensation 221

Extensis

OCTOBER 4, 2022

Quick look: It’s October, meaning it’s both “spooky season” and National Retirement Security Month. October is National Retirement Security Month, a time that is officially dedicated to “acknowledging the need to raise public awareness of a variety of tax-preferred retirement vehicles.” The state of retirement today.

Retirement 98

Retirement HR Planning Survey Training 98

Best Money Moves

DECEMBER 5, 2023

2024 Employee benefits trends: Focus on employee wellbeing. The right benefits strategy is key to employee satisfaction. Here are the top 2024 employee benefits trends. Employee benefits are a driving force keeping your workforce satisfied. 4 Top 2024 Employee Benefits 1.

Employee Benefits 98

Employee Benefits Trends Planning Tools Recruiting Software 98

Best Money Moves

FEBRUARY 22, 2022

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. Start with a focus on employee financial wellness and equity. What is the retirement race gap?

Retirement 105

Retirement Hiring Software Wellness Interview Software 105

HRExecutive

MARCH 18, 2025

Employers can drive higher engagement among millennials and Gen Z workers by demonstrating the ability to pay for out-of-pocket healthcare needs and positioning HSAs as long-term investment tools that contribute to financial independence and early retirement. Alleviate employee stress about healthcare costs.

HR Software 106

HR Software How To Retirement Tools 106

WEX Inc.

JUNE 13, 2023

Nearly half of all working-age baby boomers do not own a retirement account, despite that age group being near retirement. And baby boomers are actually the highest percentage of retirement-account holders among any group segmented in a 2021 survey by the U.S. Independence to make your own decisions in your retirement.

Retirement 98

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Extensis

SEPTEMBER 8, 2022

And open enrollment is the perfect time for business leaders to focus on how they plan to build a competitive employee benefits package. The right benefits matter. After experiencing a tight labor market for more than two years, a run-of-the-mill benefits package won’t cut it anymore with today’s top talent.

Employee Benefits 97

Employee Benefits Planning Tools Retirement HR Software 97

Extensis

DECEMBER 20, 2022

Quick look: While the HR and benefits experts at ExtensisHR can’t predict the future, they can foresee the top expected employee benefits trends in 2023. ExtensisHR’s SVP of People and Culture, David Pearson , weighed in on the top expected employee benefits trends of 2023, outlined below. Family-focused benefits.

Employee Benefits 94

Employee Benefits Trends HR Planning Retirement 94

Hppy

DECEMBER 25, 2023

In the persistent battle for talent, appreciating the influence of employee benefits on retention rates can give HR professionals the upper hand. But what makes an employee stick around? Why Employee Benefits Matter in HR In human resource management, employee benefits are critical components.

Employee Benefits 113

Employee Benefits HR Planning HR Software Retention and Turnover 113

Intoo USA

JUNE 7, 2019

In a tight labor market, a competitive employee benefits package is essential to attracting great talent. Many potential employees today seek not just health insurance and retirement savings plans but also less quantifiable benefits like a great company culture and diversity initiatives.

Outplacement 100

Outplacement Employee Benefits Employer Branding Interview Software 100

WEX Inc.

JULY 24, 2023

Many Americans invest and prepare for retirement the same way they did decades ago, but what worked 40 years ago might not be the best approach today. Fortunately, there’s an often overlooked way to help employees build wealth and prepare for retirement. Why HSAs for retirement planning? The missing retirement solution?

Retirement 98

Retirement Planning Tools Survey Payroll 98

Accurate Background

FEBRUARY 15, 2024

Employee benefits are an important part of the HR function and the employee-employer relationship in any organization operating within the United States. Candidates and employees often place significant value on benefit offerings in addition to salary when considering how a job will contribute to their overall quality of life.

Employee Benefits 105

Employee Benefits Background screening HR Planning Retirement 105

AIHR

NOVEMBER 10, 2021

A well-designed employee benefits strategy will help your organization navigate through an ever-changing candidate market. Learn how to develop a customized employee benefits strategy in this article. Contents What are employee benefits? Why does your organization need a strong employee benefits strategy?

Employee Benefits 105

Employee Benefits Strategy Hiring Software Wage and Hour Training 105