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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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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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What Is Succession Planning, and How Can It Benefit Employers?

Zenefits

Note that employers should not limit succession planning to executive positions. Loss of vital organizational information held by the departed employee. Once the employee is out the door, it might be impossible to recover the information from them. How can succession planning benefit employers?

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Top Funding News in the HR, Recruiting and Benefits Space | 2016

Advos

to help small businesses create employee retirement accounts. Zenefits Competitor Justworks Raises $33 Million. million to help your staff find the information it needs. Employer Health Analytics Startup Springbuk Lands $3.75M Venture Round. to help employers drive digital health engagement. February 2016.

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Retirees Are Re-entering the Workforce: What It Means for Employers

Zenefits

Research shows that the top reasons people left their jobs in 2021 are low pay and no advancement opportunities. Retirement-aged employees, as well, found themselves heading for the door. The Employee Benefits News website says , “Retirement-aged employees were the first to go when COVID began.” It’s good for business, too.

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How To Calculate Total Compensation

Zenefits

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. Employers and employees might want to: Check the total annual salary.

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IRS Announces Enhanced Child Care Tax Credits for 2021

Zenefits

In order to qualify for the tax credits, an individual caregiver must provide taxpayer identification information, including their name, address, phone, social security number, or taxpayer ID number. For care facilities to be eligible, they must provide their Employer Identification Number (EIN). Retirement fund contributions.