Remove 2019 Remove Benefits Remove Compensation
article thumbnail

How to Ensure Your Pay Practices Are in Compliance With Pay Disclosure Laws

Zenefits

Pay disclosure mandates will likely gain traction in more jurisdictions, which means employers must be ready to change their compensation policies and even their recruitment practices, if necessary. In 2019, the number was 60%. Simplify benefits administration. Simplify benefits administration. Answer to see the results.

article thumbnail

Best Workers Comp Insurance for Small Business

Zenefits

Does your company have a workers compensation insurance policy? Workers compensation helps pay for work-related injuries or illnesses. In 2019 and ’20, the most costly lost-time workers comp claims resulted from motor-vehicle accidents. What is workers compensation in insurance? Funeral expenses.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

How To Create a Strong HR Generalist Resume [Examples + Templates]

AIHR

In my previous role, I optimized the compensation and benefits package , which reduced costs by 8% and increased our retention rate by 12%. Currently looking to work for a company where I can grow and further develop my skills, knowledge, and experience.

article thumbnail

23 Key Employee Experience Statistics You Should Know in 2024

AIHR

Zenefits, 2019) Retention challenges show the importance of not just attracting talent, but also creating an environment where they want to stay. Lattice, 2023) Compensation is an essential part of employee experience. This data highlights the tangible benefits of gender diversity at the highest levels of corporate leadership.

Inclusion 105
article thumbnail

5 Ways to Reduce Regrettable Turnover and Keep Valued Employees

15Five

Be transparent and offer competitive benefits and compensation. And while it’s not the only thing people consider, compensation is inevitably a major factor all employees look at to gauge how much they are (or aren’t) valued by their company. Offering competitive pay and benefits is obviously important—it’s human resources 101.

article thumbnail

HR in 2023: Trends to Watch For

Zenefits

The Great Resignation may be waning as the flexible scheduling and compensation strategies are now helping HR professionals retain their employees. In 2022, this included: Out-of-the-box compensation. This past year saw companies like Shopify roll out novel methods for compensating their employees. Expanding benefit classes.

article thumbnail

How to Ask for Bereavement Leave

Zenefits

Yet multiple recent-year surveys have reported around 90% of participating companies provide it as part of their benefits packages.¹ Many companies incorporate a generous paid leave policy within employee compensation packages. (A However, some state laws require companies to offer it in specific situations. Is bereavement leave paid?

Travel 52