Zenefits

JUNE 29, 2022

And insurance is meant to cover you — but what policy do business owners actually need? We can’t say what will work for your specific business, but we can lay out what to consider when choosing a policy, key insurance types in simple terms, and how to select a sound insurance policy. What insurance does a small business need?

Small Business 52

Small Business Insurance Compensation Onboarding 52

AIHR

DECEMBER 22, 2023

With nearly 40% of mid-career professionals prioritizing mandatory paid leave and over 80% seeking comprehensive healthcare benefits, it’s clear that designing a thoughtful compensation package is key to talent attraction and retention. This is one of the main benefits of providing a great compensation package for employees.

Compensation 111

Compensation Benefits Insurance Metrics 111

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 98

Compensation Administration Benchmarking Human Resources 98

15Five

APRIL 21, 2022

“How do we move forward and innovate in our culture, benefits, and total rewards… how do we get people paid well and communicate it — that’s a whole other art of comp philosophy. Base salary, coupled with short-term incentives, long-term incentives, and benefits, demonstrate the broader total rewards value proposition.

Compensation 105

Compensation Insurance Benchmarking Performance Review 105

Zenefits

JUNE 13, 2022

When it comes to benefits, healthcare is at frequently the top of the list. Forty percent of employees surveyed chose healthcare benefits over competitive salaries, retirement plans, or bonuses. In a competitive job market, health benefits are more important than ever. Consider expanding health benefits options.

Benefits 52

Benefits Insurance Small Business Benchmarking 52

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. Benchmarking.

Compensation 59

Compensation Benchmarking Insurance Benefits 59

AIHR

NOVEMBER 1, 2022

Human resources specialists perform specific HR functions like recruitment, training and development, compensation and benefits, rewards, and employee relations. Compensation and benefits. Compensation and benefits specialists handle employees’ compensation and benefits. What benefits should we offer to support diversity?

Human Resources 139

Human Resources Compensation Recruitment Onboarding 139

AIHR

JUNE 7, 2022

Companies who invest in communication strategies , fair compensation and benefits , and remote and flexible work are the ones who will be able to keep their staff. For example, more employers are offering group life insurance , flexible hours, caregiver benefits, and better pay.

Metrics 144

Metrics Employee Engagement Insurance Benefits 144

AIHR

JANUARY 25, 2022

Compensation is considered the sum of cash and non-cash benefits that an employee receives for their work. Different types of compensation include base pay, company bonuses, stock options, and benefits like insurance, pension programs, and parental leave. This is also known as salary benchmarking.

Compensation 126

Compensation Benefits Human Resources Retention 126

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

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

AIHR

JULY 26, 2022

Engaging in the headcount planning process has multiple benefits for the organizations. For example, HR financial planning impacts salary increases, health insurance, and monetary incentives (like sales incentives and retention bonuses). Discover 7 headcount planning best practices below !

Staffing 143

Staffing Recruitment Onboarding Sales 143

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. The waiting period in regard to health insurance is how many days it takes for coverage to apply to the employee or their dependents.

Compliance 59

Compliance Insurance Benefits Advertising 59

AIHR

NOVEMBER 28, 2023

Benefits of conducting employee morale surveys 25 Employee morale survey questions Checklist: Conducting an impactful employee morale survey What is an employee morale survey? Compensation and benefits : Gather feedback on how satisfied employees are with the compensation package. Contents What is an employee morale survey?

Scaling 119

Scaling Compensation Inclusion Diversity 119

AIHR

SEPTEMBER 13, 2023

Skills required to earn within the 75th percentile: Human resource expertise: Solid HR knowledge of talent acquisition, performance management, compensation and benefits, employee relations, talent development, and workforce planning. They can propose HR policy changes and recommend HR best practices to support the company’s goals.

Compensation 105

Compensation Human Resources Recruitment Administration 105

AIHR

NOVEMBER 26, 2018

In this instance, some knowledge of benchmarks proved useful. First of all, they inquired about absence insurance to mitigate the risk of long-term absence. The key benefit for larger companies. Although there are tangible benefits for mid-sized companies, larger companies do have two advantages over their SME counterparts.

Sales 110

Sales Sales Scaling Metrics 110

AIHR

MARCH 16, 2023

This involves creating an inclusive workplace , implementing effective performance management systems, charting career paths, offering competitive compensation and benefits , and providing ongoing feedback and coaching to employees. “HR can benchmark against other organizations to identify best practices.

Manager 132

Manager Onboarding Retention Recruitment 132

Liquid Planner Leadership

NOVEMBER 28, 2022

In other words, if you want your employees to be on top of their game, ensure they know what you expect from them, what benchmarks or outcomes they must hit, and how they can reach out to you when they need help or guidance. When you set clear expectations, it takes away the guesswork.

eCommerce 84

eCommerce Insurance SaaS Benefits 84

Chief Executive

JANUARY 10, 2023

“As remote work has blurred the lines between work and the personal, employee well-being has become even more important,” says Kathleen Kappes, vice president of human resources at insurance provider RLI Corp. Most organizations, like RLI, have been benefits-focused, and primarily around three pillars—physical, emotional and financial health.

Benefits 98

Benefits Benchmarking Education Human Resources 98

AIHR

FEBRUARY 23, 2024

The term ‘employer of choice’ describes an organization that is highly sought after by job seekers due to its positive work environment, culture, values and benefits. Ideal employers frequently benchmark their compensation plans and adopt progressive benefits strategies to remain competitive.

Diversity 105

Diversity Inclusion Recruitment Compensation 105

AIHR

FEBRUARY 9, 2022

Different organizations have a different benchmark for what counts as new hire turnover. To avoid misleading candidates, those conducting interviews must also be honest about the role, working hours and workload, and salary and benefits. In addition, offer enticing benefits and rewards to your workforce.

Onboarding 124

Onboarding Metrics Recruitment Human Resources 124

AIHR

OCTOBER 26, 2021

SHRM developed an industry benchmark that you can review to understand if your cost per hire is at the industry average. Recruitment/sourcing staff costs This is the cost of your sourcing/recruitment staff, including their salary, performance bonuses, and benefits. Multiple factors impact your organization’s cost per hire.

Recruitment 105

Recruitment Metrics Compliance Advertising 105

AIHR

JULY 19, 2021

It materializes through its benefits plans and whether employees are recognized and rewarded for excelling at their work. Financial institutions, health insurance organizations, and oil and gas companies all have a hierarchy culture. Calculate the ROI of every role and ascribe reasonable benchmarks for production.

Inclusion 116

Inclusion Diversity Compensation Marketing 116

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. Management of benefits, scheduling, and payroll.

Small Business 52

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

Vantage Circle

SEPTEMBER 16, 2020

Pulse survey tool offers an excellent way to set an industry benchmark for companies and gain insights into employee survey. Benchmarking. Features: Benchmarking. Features: Benchmarking. Features: Comprehensive benchmark. Table of Contents. Vantage Pulse. Culture Amp. Survey Sparrow. Officevibe. Feedback Analysis.

Benchmarking 52

Benchmarking Employee Engagement Retention Software 52

Vantage Circle

SEPTEMBER 16, 2020

Pulse survey tool offers an excellent way to set an industry benchmark for companies and gain insights into employee survey. Benchmarking. Features: Benchmarking. Features: Benchmarking. Features: Comprehensive benchmark. Table of Contents. Vantage Pulse. Culture Amp. Survey Sparrow. Officevibe. Feedback Analysis.

Benchmarking 52

Benchmarking Employee Engagement Retention Software 52

AIHR

JULY 17, 2023

But successfully establishing diversity, equity and inclusion in the workplace also has many business benefits, which is why DEI initiatives are now included in many organization’s business strategies. According to McKinsey , companies with the most diverse executive teams are more likely to outperform peers on profitability by 36%.

Implementation 98

Implementation Inclusion Diversity Recruitment 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. By carefully monitoring salaries, bonuses, and other benefits, you can avoid overspending on your most valuable asset. Conduct a market analysis to benchmark salaries.

Compensation 52

Compensation Benefits Administration Onboarding 52

AIHR

APRIL 10, 2024

Benefits of getting a global HR certification A global HR certification holds weight for several reasons, benefiting HR professionals and their organizations. Benefits for HR professionals Career advancement: Furthering your expertise with a global HR certification can set you apart from other candidates.

Human Resources 59

Human Resources Compensation Education Operations 59

Vantage Circle

NOVEMBER 11, 2018

And how can employers support benefits for remote workers? Remote Benefits for Remote Employees. Employee benefits has now become essential for motivating workers and get the best from them. When it’s about delivering these benefits, ensure everyone gets it. Few benefits to Consider for Remote Workers. Recognition.

Assets 58

Assets Benefits Operations Employee Engagement 58

Walk Me

OCTOBER 11, 2022

Software managers can add and monitor specific goals and record the employee’s benchmarks to show their progress. Benefits administration. Benefits management tools also allow companies to compare benefits easily with other organizations on a unified platform. What Are The Benefits Of HCM Software?

Software 52

Software Manager Workflows Onboarding 52

Vantage Circle

MAY 20, 2024

Employee Feedback: These platforms provide software that offers Surveys, Anonymous Feedback, Actionable Insights, eNPS score, Benchmarking, Track Engagement, Negative Feedback Management, 360-degree Feedback, and Heatmaps. Overcoming this resistance requires effective communication, training, and emphasizing the benefits.

Employee Engagement 105

Employee Engagement Software Media ROI 105

Walk Me

JULY 27, 2023

They help potential candidates understand what will be expected of them and provide a benchmark for evaluating employee performance. They cover everything from giving notice, conducting exit interviews, and handling final pay and benefits. Job descriptions are essential for recruitment, performance management, and career development.

Human Resources 52

Human Resources Compliance Onboarding Employee Engagement 52

Vantage Circle

JUNE 5, 2024

However, it has become apparent that many people tend to confuse perks with benefits. People often use the terms “benefits” and “perks” interchangeably, blurring their differences. Benefits mainly cover the basics of a standard employee package. However, differences do exist between the two.

Implementation 59

Implementation Benefits Retention Employee Engagement 59

Vantage Circle

NOVEMBER 11, 2018

Remote Benefits for Remote Employees. Employee benefits is now an essential way for motivating workers and get the best from them. When it’s about delivering these benefits, ensure everyone gets it. If you are paying the salaries over the internet, then consider doing the same for delivering benefits too.

Assets 45

Assets Benefits Employee Engagement Operations 45

AIHR

JUNE 23, 2021

Include information such as the last day of employment, benefits, final pay, etc. In addition to having another individual who hears everything that is said in the employment termination, this also has the benefit of assisting an inexperienced manager since the HR person can help keep the discussion on track and move it toward completion.

Human Resources 52

Human Resources Real Estate Insurance Benchmarking 52

Vantage Circle

OCTOBER 4, 2021

Benchmarking. It brings together recognition, rewards, benefits, employee feedback, OKRs, and communication, all in one place, motivating employees to work in alignment with company values. Clientele : Atko, MU Healthcare, Veritone, Arch Insurance. Benchmarking. The platform comes with a wide range of perks and benefits.

Employee Engagement 52

Employee Engagement Software Benchmarking Retention 52