Zenefits

FEBRUARY 7, 2023

HR professionals and hiring managers often walk a fine line when it comes to employee compensation issues. If you are involved in the hiring process, you’ve probably already faced challenges with compensation structure and pay levels for existing and new hires. That means employers could face compensation challenges.

Compensation 52

Compensation Human Resources Benchmarking Benefits 52

Zenefits

SEPTEMBER 16, 2022

If you ask small business owners what they’d do differently when starting out, you’d probably hear “a lot.”. Running a small business inevitably teaches owners many lessons about growth and effective business operations. Protect your business legally. Have separate business and personal expenses.

Small Business 52

Small Business Assets Insurance Accounts 52

Zenefits

FEBRUARY 9, 2023

Who pays for workers’ compensation insurance is straightforward: Employers pay. Although workers’ compensation benefits cover expenses employees face after a workplace injury or illness, it’s the employers who pay the premiums. How much do employers pay for workers’ compensation?

Compensation 52

Compensation Insurance Administration Staffing 52

Zenefits

FEBRUARY 9, 2023

Employers and employees typically don’t ask, “ How does workers’ compensation work ?” Everyone who carries or is covered by workers’ compensation insurance should broadly understand how it works. Everyone who carries or is covered by workers’ compensation insurance should broadly understand how it works.

Compensation 52

Compensation Insurance Benefits Small Business 52

Zenefits

MAY 31, 2022

For small businesses, the number of business owners who have a documented business succession plan is even lower, with just 1/3 being prepared for an eventual transfer. However, pushing business succession planning into the background can backfire, leaving a business owner unprepared for a sudden sell-off or merger.

Succession Planning 52

Succession Planning Small Business Administration Onboarding 52

Zenefits

APRIL 24, 2023

Small business owners need the risk protection that insurance coverage offers. The right insurance for your small business can mean the difference between weathering the storms and going under. Types of insurance range from general liability to professional liability, workers compensation, and more.

Insurance 52

Insurance Real Estate Small Business Compensation 52

Zenefits

APRIL 10, 2023

In terms of human resource management, employee benefits are compensation provided in addition to base pay or wages. They’re considered part of the employer’s total compensation costs. A competitive compensation package with an attractive employee benefits package can be crucial to strategic business development.

Benefits 52

Benefits Insurance Small Business Compensation 52

Zenefits

DECEMBER 16, 2022

According to the Tax Foundation, small businesses pay or remit more than 93% of all U.S. At the same time, small employers can count on a long list potential deductions to reduce the financial burden. Professional consultation fees, including working with lawyers, accountants, and business consultants, can all be deducted.

Insurance 105

Insurance Transportation Accounts Payable Small Business 105

Zenefits

AUGUST 23, 2022

This crisis is even more drastic for small businesses in the United States. small businesses — defined as one to 99 employees in — that employ 42 million people. 90% of those businesses do not offer a 401(k) plan. When you look at small businesses as a whole, they make up 99.7% There are more than 5.8

Small Business 52

Small Business Benefits Accounts Assets 52

Zenefits

FEBRUARY 9, 2023

Do you have an active workers’ compensation policy for your employees who experience work-related injuries or illness? Therefore, it’s a good idea to carry a workers’ compensation policy. Of course, you may be concerned about the workers’ comp insurance cost for your business.

Insurance 52

Insurance Compensation Small Business Operations 52

Zenefits

APRIL 24, 2023

Here we’ll cover business insurance basics to help you figure out how to choose business insurance that’s right for you. Assess risks and insurance requirements Experienced small business owners understand that business insurance is a must. How to choose business insurance for your company?

Insurance 52

Insurance Small Business Assets Compensation 52

Zenefits

JANUARY 8, 2023

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. Impact in 2023. How to begin.

Small Business 52

Small Business Compensation Human Resource Information Systems (HRIS) Recruitment 52

Zenefits

AUGUST 15, 2022

million small businesses in this country, offering your employees a retirement plan can be a strong competitive advantage that helps with both recruitment and retention. After all, according to our research, 90% of small businesses do not offer their employees a 401(k). No account yet? If you run one of the 5.8

Compensation 59

Compensation Small Business Accounts Government 59

Zenefits

MAY 22, 2023

Payroll is an integral part of the functionality of a business because it is how employees are paid for their work. It’s crucial for business owners and employees alike to clearly understand their payroll system to ensure proper execution, especially in a small business. How often will I be paid?

Insurance 52

Insurance Compensation Banking Small Business 52

Zenefits

JUNE 12, 2023

They are staffed by professionals specializing in human resources, taxes, compliance law, and accounting. According to the National Association of Professional Employer Organizations (NAPEO), more than 15% of businesses with 10-99 employees rely on PEOs for payroll, record keeping, and other HR functions.¹ appeared first on Workest.

Administration 52

Administration Insurance Compliance Human Resources 52

Zenefits

OCTOBER 18, 2022

The emails typically create a sense of false emergency that urges you to click a link for a resolution and enter sensitive information, such as your banking username and password, account number, or social security number. When you do, your identity — and your bank account — are compromised. No account yet? Remember Me.

Banking 59

Banking Software Small Business Accounts 59

Zenefits

JUNE 9, 2023

Small business owners wear many hats in the earlier growth stages of their companies. In most cases owners don’t have the expertise, let alone the time, to manage all aspects of the business. They come in various types and sizes, providing services to suit the needs of any business. Here’s how.

Benefits 52

Benefits Administration Insurance Compliance 52

Zenefits

MAY 4, 2023

Employee benefits are a major cost for employers, recently accounting for 29.5% of the total compensation for workers in private industry.¹ For these reasons and more, many large and small businesses rely on benefits administration outsourcing providers. Instead, you can focus on the core functions of your business.

Administration 52

Administration Benefits Compliance Small Business 52

Zenefits

FEBRUARY 9, 2023

Plan to purchase workers’ compensation insurance coverage if you do. Workers’ compensation as a requirement Employment is the primary determiner of whether your business needs workers’ compensation. However, your state and business structure also impact whether coverage is required.

Insurance 52

Insurance Compensation Real Estate Compliance 52

Zenefits

JUNE 12, 2023

Many small businesses decide that human resources outsourcing is a winning choice. An estimated 37% of small businesses outsource a business product.¹ Landing on the type of HR outsourcing that best fits your business can be challenging. 1 Small Business Outsourcing Statistics in 2019.

Insurance 52

Insurance Human Resources Small Business Risk Management 52

Zenefits

JUNE 8, 2023

While a small business isn’t required to provide health insurance to its employees, as it grows and scales, this changes. Many small companies offer the benefit before they hit this threshold to attract and retain talent. The right PEO for a small business can be a tremendous asset over time.

Insurance 52

Insurance Small Business Risk Management Benefits 52

Zenefits

JUNE 13, 2022

These programs provided benefits for workers and small businesses, including low-interest loans and payroll tax credits. If you self-insure, you will still be accountable for complying. For example, highly compensated workers may pay a larger portion of the cost of premiums. of small businesses. Remember Me.

Benefits 52

Benefits Insurance Small Business Benchmarking 52

15Five

APRIL 16, 2024

Consider the following factors: Features Look for features that align with your business needs. Is there a compensation management tool ? While you might get away with running HR operations on a few spreadsheets if you’re a micro business, the minute you start to grow, it’s time to onboard project management software.

Employee Engagement 98

Employee Engagement Software Onboarding User Experience 98

Zenefits

MAY 15, 2023

This information usually includes wages, bonuses, deferred compensation, and tips. But they also help businesses keep track of expenses and information they will need to access again. Easy access is useful for preparing such items as an accounting or tax statement, responding to an audit, and more.

Compliance 52

Compliance Cash Flow Compensation Revenue 52

Zenefits

AUGUST 17, 2022

Salaried staff, hourly workers, or independent contractors all require different solutions for managing employee compensation. Do you ever wish there were more time available to run your business? According to the same report, only 36% of small business owners said they were familiar with FICA tax contribution requirements.

Software 52

Software Small Business Compliance Benefits 52

Zenefits

MAY 11, 2023

Payroll costs are all the costs that an organization needs to pay to compensate its employees for their labor. For many businesses, the cost of payroll is one of the largest, if not the largest, category of expenses. This is especially true for service businesses. These costs include, but go beyond, wages and salaries.

Administration 52

Administration Insurance Compensation Benefits 52

Zenefits

JUNE 9, 2023

Workers’ compensation coverage. Workers’ compensation. As with any business decision, you should research and weigh your options before moving forward. A PEO typically works well for small businesses and startups with fewer than 20 employees. These include: Payroll services and administration.

Administration 52

Administration Insurance Human Resources Compliance 52

Zenefits

DECEMBER 17, 2022

Advertise the compensation and benefits in the posting. Disclosing the minimum and/or maximum compensation for the role is beneficial to both the company and the potential employee. Knowing the salary will ease their minds on the drastic fluctuations in compensation between the 2 areas. No account yet? Remember Me.

Compensation 52

Compensation Advertising Benefits Administration 52

Zenefits

DECEMBER 27, 2022

Payroll as a strategic business partner. Compensating diverse and distributed workforces. Health savings accounts. Health flexible spending accounts. Qualified Small Employer Health Reimbursement Arrangement (QSEHRA). Compensating diverse and distributed workforces. No account yet? Payroll talent.

Software 52

Software Compliance Staffing Benefits 52

Vantage Circle

JULY 29, 2022

It takes into account how an employee connects, engages, and communicates and how they feel about being a part of the organization. Typical Customers: Small Businesses. Mid-size Businesses. Typical Customers: Small Businesses. Mid-size Businesses. Typical Customers: Small Businesses.

SaaS 85

SaaS Employee Engagement Small Business Performance Management 85

Zenefits

OCTOBER 15, 2022

Small business owners and HR managers have many questions about this new term. But before we get into how small businesses can reduce the effects of quiet quitting, we need to better define the term. Ensure that you’re keeping up with employee needs by regularly reevaluating your benefits package and compensation.

Operations 72

Operations Employee Engagement Benefits Retention 72

Zenefits

DECEMBER 12, 2022

When employees are not compensated well, they’re actively looking for another position. How this information helps your business. In every company there needs to be routine oversight into compensation management. Fair compensation isn’t a one-and-done effort: it’s ongoing as the market continues to be in flux.

Retention 64

Retention Compensation Benefits Marketing 64

Zenefits

OCTOBER 13, 2022

Roth IRAs have an income limit for participation, which restricts the savings potential for business owners and other Highly Compensated Employees. If you’re a small business owner interested in offering an employer-sponsored retirement savings plan, it’s crucial to decide what works best for you and your employees.

Benefits 52

Benefits Compliance Small Business Compensation 52

Zenefits

JUNE 1, 2022

This works well for diverse employees who may value different holidays and allows those who do have to work on holidays to take other days off to compensate. While there’s significant value in your employees taking time off, there are sometimes business reasons that interfere with using all the vacation time. No account yet?

Retention 59

Retention Benefits Benchmarking Recruitment 59

Zenefits

JULY 13, 2022

Payroll reporting is a mandatory business requirement and a core activity for accounting and HR teams. Payroll reports are documents containing essential employee, team, and department information and are used to verify tax and accounting details. Send the employee’s net pay to their bank account or via check.

Compliance 52

Compliance Government Accounts Banking 52

Zenefits

JUNE 7, 2022

Comply with the Health Insurance Portability and Accountability Act of 1996 (HIPAA), which prohibits discrimination against employees because of a pre-existing medical condition or other medical conditions. Other forms of compensation. No account yet? This rule applies to employers with 20 or more employees. COBRA notices.

Benefits 98

Benefits Compliance Insurance Administration 98

Zenefits

JUNE 13, 2023

They may provide some or all of a company’s HR needs including payroll, benefits administration, and workers’ compensation. This voluntary certification program falls under the Small Business Efficiency Act, part of the Tax Increase Prevention Act of 2014. PEO vs. CPEO: What’s the difference?

Human Resources 19

Human Resources Compliance Insurance Staffing 19