Vantage Circle

SEPTEMBER 11, 2023

Imagine a world where managing employee benefits is no longer a daunting task but an empowering experience for HR teams and employees. With an innovative employee benefits platform, that world becomes a reality. In this blog, we have handpicked some of the best benefits platforms that cater to all your requirements.

Benefits 52

Benefits Administration Compliance Software 52

Zenefits

AUGUST 30, 2022

Designing a comprehensive but budget-friendly benefits package is 1 way Human Resources teams and small businesses can boost employee satisfaction and reduce turnover. But what benefits should you include? But there’s another bread and butter benefit that should be on your radar: life insurance.

Insurance 52

Insurance Benefits Travel Administration 52

AIHR

FEBRUARY 1, 2024

Plus, when the right mix of incentives and benefits is tied to individual performance, organizations can both boost employee engagement and achieve their strategic goals. Components • Base salary • Incentives and commissions • Financial benefits • Non-financial benefits. Accounting Clerks, Payroll Specialists.

Compensation 105

Compensation Manager Benefits Benchmarking 105

Brian Balfour

MARCH 21, 2017

Most growth communities, forums, and email lists will inevitably have that thread that goes: “Hey, what are the benchmarks everyone’s seeing for X?” I constantly find people seeking out benchmarks or pointing to benchmarks, and we’ve all been there -- who doesn’t want some normalizing data to understand whether we’re on track or not?

Benchmarking 40

Benchmarking Metrics eCommerce SaaS 40

Zenefits

SEPTEMBER 14, 2022

In today’s tight labor market, you must offer competitive wages and benefits. While employees today seek a good work-life balance and job security, they still rate salary and benefits as the top motivator. Benefits : Paid time off, sick days, holidays, health insurance, other insurance. Simplify benefits administration.

Compensation 59

Compensation Benchmarking Insurance Benefits 59

Zenefits

AUGUST 24, 2022

This means employees will have more bargaining power in 2022, including when it comes to negotiating better benefits. Bottom line: if your employees aren’t happy with their benefits, it increases the chances of them accepting a stronger offer from your competitor. The importance of employee benefits satisfaction surveys.

Benefits 52

Benefits Insurance Administration Onboarding 52

AIHR

AUGUST 5, 2024

employee satisfaction / employee engagement ) and benchmark them against previous quarters and top competitors. Ensure leadership accountability: When management acts on employee feedback, it demonstrates accountability and shows that employers value their employees’ opinions.

Scaling 90

Scaling Benchmarking Employee Engagement Manager 90

Zenefits

NOVEMBER 17, 2022

A look at why employers offer perks, along with traditional benefits, may help explain what anti-perks are. Businesses also know that offering benefits and perks pays off in attracting, hiring, and retaining workers. employers provide healthcare plans ( 59% ) and many offer other practical benefits, like retirement plans.

Benefits 52

Benefits Insurance Compensation Administration 52

Vantage Circle

JUNE 7, 2024

Let's explore the key benefits of investing in the right employee engagement survey software: a. 15Five Visit Website This platform combines goal setting with regular check-ins, promoting accountability and fostering a sense of ownership among employees.

Benchmarking 88

Benchmarking Employee Engagement SaaS Onboarding 88

Vantage Circle

NOVEMBER 15, 2024

If you witness any reduction in absenteeism rates, this will imply that you are benefiting from your engagement initiatives, leading to higher ROI. Profitability: Employee engagement is not simply limited to monetary benefits. Benchmarking: Use industry benchmarks to see how your organization’s metrics compare.

ROI 52

ROI Employee Engagement Metrics Benchmarking 52

AIHR

JUNE 22, 2022

A compensation analyst works within the Compensation & Benefits or Human Resources department and their role is to help organizations develop fair compensation structures to attract and retain employees by analyzing various data. Conducting job analyses to create a thorough understanding of all tasks and activities a job involves.

Compensation 93

Compensation Benefits Administration Human Resources 93

AIHR

NOVEMBER 22, 2022

Contents Why HR should prepare for pay transparency The benefits of pay transparency The pitfalls of pay transparency How HR can help prepare the organization for pay transparency. As an HR professional, you are uniquely placed to help your leadership team understand the importance and benefits of pay transparency.

Compensation 110

Compensation Benchmarking Benefits Implementation 110

15Five

APRIL 16, 2024

Without the best tool to help manage and measure employee engagement, you risk missing out on the benefits of a productive, motivated workforce. For example, does the tool have dedicated account managers who support your business? The right employee engagement software is critical to business success.

Employee Engagement 98

Employee Engagement Software Onboarding User Experience 98

Vantage Circle

JUNE 7, 2024

Let's explore the key benefits of investing in the right employee engagement survey software: a. 15Five Visit Website This platform combines goal setting with regular check-ins, promoting accountability and fostering a sense of ownership among employees.

Benchmarking 52

Benchmarking Employee Engagement SaaS Onboarding 52

AIHR

OCTOBER 17, 2024

Using a good compensation plan template can provide both an organization and its employees with important information and clarity on their compensation and benefits packages, supporting pay equity. This article discusses the importance of a detailed compensation plan template and how you can use it to benefit your company’s workforce.

Compensation 52

Compensation Benefits Insurance Metrics 52

AIHR

OCTOBER 12, 2022

Finding the right mix of pay, benefits, and other incentives is essential to attracting and retaining top performers, especially in a tight labor market. Pay plans are structured with pre-determined performance targets appraised within a certain period and paid out if benchmarks are met. Take company culture into account.

Compensation 119

Compensation Benefits Metrics Implementation 119

AIHR

JUNE 13, 2023

Compensation structures establish clear goals, determine the right mix of fixed and variable pay , and create benchmarks that motivate salespeople to achieve targets and contribute to business growth. Key accountabilities: Key accountabilities outline the core responsibilities and objectives of the position.

Compensation 102

Compensation Sales Sales Metrics 102

Zenefits

JUNE 1, 2022

Paid time off has become one of the most important benefits job seekers and current employees value. Companies should be tracking usage against policies and evaluate them regularly to make sure they are offering competitive benefits that employees value. Simplify benefits administration. Simplify benefits administration.

Retention 59

Retention Benefits Benchmarking Recruitment 59

Zenefits

JULY 6, 2022

For those who manage employee benefits , it’s important to know that the primary benefit of adding cryptocurrency into a 401(k) plan is also its downfall: its high volatility. The primary benefit of adding cryptocurrency into a 401(k) plan is also its downfall: its high volatility. Simplify benefits administration.

Assets 52

Assets Benefits Administration Compliance 52

Zenefits

FEBRUARY 7, 2023

Bureau of Labor Statistics, wages and salaries in September 2022 accounted for 69% of reported compensation costs. Additional benefits made up the remaining 31%.¹ The compensation analysis process helps employers to understand market value when it comes to salary and benefits. What is compensation analysis?

Compensation 52

Compensation Marketing Benefits Human Resources 52

Eric Jacobson

FEBRUARY 5, 2024

Bjorn Billhardt Nathan Kracklauer Today, the authors answer these questions for us: Question : How will readers benefit from making the book part of a book club experience as you recommend readers do? When it comes to Numbers, the traditional MBA goes much further than all but accountants, M&A specialists, and Wall Street wizards need.

Benchmarking 103

Benchmarking Manager Metrics Leadership Development 103

Chief Executive

FEBRUARY 9, 2023

Twice in as many months I have received quizzical looks when I mentioned to family business owners that I coach that they might benefit from running their businesses as if they are going to sell them. Why would we want to do that?” was the blink reaction of each. Many reasons,” I replied. Where would you like to start?”

Sales 98

Sales Sales Benchmarking Compensation 98

Zenefits

JULY 24, 2022

Depending on the organization, labor costs, including salaries, wages, benefits, and related taxes, can constitute as much as 40% of the total budget. With such a large expense account for employee compensation , a solid compensation strategy is a no-brainer. Responsibilities: Degree of accountability, complexity, and scope.

Compensation 52

Compensation Benefits Administration Assets 52

Zenefits

JUNE 23, 2022

The chart below shows how many workers have access to employer-sponsored benefits, including paid sick leave. According to SHRM’s 2022 Employee Benefits Survey : 96% of employers offered paid sick leave. Simplify benefits administration. Simplify benefits administration. No account yet? How many U.S. Remember Me.

Government 105

Government Administration Banking Benefits 105

Zenefits

JULY 28, 2022

In this article, we’ll explain what HRIS systems do, their benefits, and how to find the best HR software for your business. Benefits administration. There are several benefits for small businesses when using an all-in-one HRIS system , including: Time savings. Account provisioning. Simplify benefits administration.

Small Business 52

Small Business Human Resource Information Systems (HRIS) Compliance Software 52

15Five

DECEMBER 27, 2023

Entries are evaluated by a panel of veteran, independent senior industry experts, Brandon Hall Group analysts and executives based upon five criteria: fit the need, program design, functionality, innovation and overall measurable benefits.

Performance Management 72

Performance Management Employee Engagement Benchmarking Performance Review 72

AIHR

OCTOBER 23, 2024

That way, ESG becomes practical, aligned to business goals, and helps instill the desired culture of accountability that the organization aims for. Regularly monitoring and evaluating performance against these benchmarks will help identify areas for improvement and inform strategic decision-making.

Metrics 75

Metrics Government Energy Inclusion 75

Zenefits

AUGUST 3, 2022

While not every business necessarily needs a business consultant, choosing to work with 1 can provide several benefits outside of solving your immediate challenge. But before we can dig into the potential benefits of small business consultants, let’s look at what a business consultant actually does. Financial services. Human resources.

Small Business 52

Small Business Human Resources Digital Transformation Cash Flow 52

AIHR

APRIL 1, 2024

Benefits of job evaluation Job evaluation methods Job evaluation template to download Job evaluation process: 4 phases Job evaluation examples FAQ What is job evaluation? The qualitative methods are usually faster while the quantitative methods are more objective and account for required skills and responsibilities. Let’s dive in!

Job Analysis 99

Job Analysis Compensation Scaling Marketing 99

AIHR

NOVEMBER 21, 2024

This article discusses the key benefits of an effective competency model, the different types, and how to develop and implement one in your organization. Accountability and self-sufficiency: When employees understand what’s expected of them and have the knowledge and skills to do well, they can take charge of their success.

Succession Planning 89

Succession Planning Recruitment Job Analysis Performance Management 89

Eric Jacobson

AUGUST 4, 2024

Bjorn Billhardt Nathan Kracklauer The authors answer these questions for us: Question : How will readers benefit from making the book part of a book club experience as you recommend readers do? When it comes to Numbers, the traditional MBA goes much further than all but accountants, M&A specialists, and Wall Street wizards need.

Benchmarking 57

Benchmarking Manager Metrics Leadership Development 57

Zenefits

FEBRUARY 7, 2023

Compensation includes: Base salary Employee benefits Job perks If you don’t develop internal equity , you risk losing employees and potentially facing lawsuits since equal pay for equal work is required by law. Health benefits. Retirement benefits. Other fringe benefits. Common items to include are: Base pay.

Compensation 52

Compensation Human Resources Benchmarking Benefits 52

15Five

NOVEMBER 11, 2024

Benefits compared to our previous scoring Previously, 15Five’s engagement reporting consisted of two explanatory scores – the Driver Score and the Driver Influence Score. Regular check-ins keep teams aligned and accountable. Benchmarking and optimization of gradient boosting decision tree algorithms. References Anghel, A.,

Employee Engagement 52

Employee Engagement Human Resources Scaling Engineering 52

AIHR

SEPTEMBER 7, 2023

In addition, employees who take advantage of the benefit are 7.5 From there, you can set goals and define benchmarks for getting the workforce where it needs to be. The algorithm they designed only takes into account the negative gap situation of an employee’s competencies being lower than the ones needed.

Benchmarking 90

Benchmarking Recruitment Manager Accounts 90

AIHR

AUGUST 19, 2024

Competitive salaries and benefits are important, but they are no longer enough. The strategy takes into account the full employee lifecycle, from recruitment and onboarding to daily work experiences, career development, and offboarding. Collect employee feedback and external data to benchmark against competitors.

Onboarding 107

Onboarding Employee Engagement Metrics Diversity 107

Zenefits

JUNE 28, 2022

Health insurance is one of the most critical decisions an employer or employee can make — but 56% of employees spend less than 30 minutes evaluating benefits. Essential health benefits should not have a dollar limit. Simplify benefits administration. Simplify benefits administration. Benefits Benchmarks Report.

Compliance 59

Compliance Insurance Benefits Advertising 59

Vantage Circle

MAY 18, 2023

They want a competitive benefits package to motivate them and improve their satisfaction. An employee perks program is a set of additional incentives and benefits provided by an organization in addition to their normal compensation. Most organizations offer health insurance as a benefit to their employees.

Insurance 95

Insurance Benefits Implementation Education 95