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What to Know About Small Business Liability Insurance

Zenefits

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?

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Affordable Care Act Requirements for 2022-2023

Zenefits

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. Annual changes to the federal health insurance marketplace, coupled with Affordable Care Act (ACA) requirements, are meant to help both employees and employers get more fair coverage.

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What Is Compensation Management and What’s HR’s Role in it?

AIHR

When it comes to compensation metrics , accurate data is essential for benchmarking the competitiveness of your packages. You do this by identifying employee needs, negotiating deals with vendors, managing costs, and ensuring compliance. Plus, compliance features help mitigate legal risks, and audit trails increase transparency.

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The 7 Core HR Processes: Your Ultimate 2024 Guide

AIHR

Core HR processes include recruitment, employee onboarding , training and development, performance management , compensation and benefits , employee relations , and compliance. HR process example: Performance appraisals HR works closely with managers to set performance criteria and benchmarks.

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What HRIS Systems Are Best for Small Businesses?

Zenefits

Improved compliance. Automatically apply policies to ensure compliance with company and regulatory rules. Reduces errors and helps you stay in compliance. You also want a system that provides the detailed reporting and archiving you need for compliance. Helps with payroll, HR, and legal compliance requirements.

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Compensation Package: A Guide For HR (+ Free Template)

AIHR

It includes health insurance, retirement schemes, vacation days, bonuses, equity shares, and additional benefits such as flexible work schedules or educational stipends. Health insurance: Offering comprehensive health insurance is important for supporting employees’ physical and mental health.

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10 Best Employee Benefits Platforms to look out for in 2023

Vantage Circle

Benefits platforms also allow companies to centralize and automate the administration of employee benefits, such as health insurance, retirement plans, paid time off, and more. For example, some platforms allow for integrating different benefits, such as health insurance, retirement plans, and wellness programs.