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

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

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

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. Some benefits are optional; others are mandatory. Some benefits are optional; others are mandatory.

Benefits 52

Benefits Insurance Small Business Compensation 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

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

JUNE 7, 2022

Inflation is not only fueling price increases; it’s also requiring employers to pay more in penalties for not complying with benefits laws under the Employee Retirement and Income Security Act of 1974 (ERISA). History of benefits compliance. Employers have been offering employee benefits since the late 1800s. Retirement.

Benefits 98

Benefits Compliance Insurance Administration 98

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 It’s crucial that these benefits be administered correctly. For these reasons and more, many large and small businesses rely on benefits administration outsourcing providers.

Administration 52

Administration Benefits Compliance Small Business 52

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

Vantage Circle

AUGUST 23, 2018

Employees love benefits. Not to forget that many employees apply for organizations depending on the perks and benefits offered by that company. Business Dictionary defines Employee Benefits as the. Indirect and non-cash compensation paid to an employee. These are benefits given over and above salaries and wages.

Compensation 44

Compensation Benefits Diversity Insurance 44

Vantage Circle

AUGUST 23, 2018

Employees love benefits. Not to forget that many employees apply for organizations depending on the perks and benefits offered by that company. Business Dictionary defines Employee Benefits as the. Indirect and non-cash compensation paid to an employee. These are benefits given over and above salaries and wages.

Compensation 40

Compensation Benefits Diversity Insurance 40

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

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. Expanding benefit classes.

Small Business 52

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

AIHR

NOVEMBER 1, 2024

Yet, core HR best practices have persisted, serving as guiding principles that Human Resources departments can rely on for developing people-related strategies that move their organizations forward and spur business growth. Fair and performance-based compensation Compensation is a key element for successful talent management.

Human Resources 98

Human Resources Compensation Performance Management Employee Engagement 98

Zenefits

JUNE 12, 2023

Many PEOs employ certified employee benefits specialists and certified payroll professionals. 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 Workers’ compensation insurance.

Administration 52

Administration Insurance Compliance Human Resources 52

Zenefits

AUGUST 23, 2022

Saving for retirement is a top priority for many employees, and a 401(k) plan is a benefit that many seek out from their employers. 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. There are more than 5.8

Small Business 52

Small Business Benefits Accounts Assets 52

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.

Insurance 52

Insurance Compensation Banking Small Business 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

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. To provide these health benefits, employers can work with either a PEO or an insurance broker.

Insurance 52

Insurance Small Business Risk Management Benefits 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. In addition, an HRO usually offers a wider array of benefits options.

Insurance 52

Insurance Human Resources Small Business Risk Management 52

15Five

APRIL 16, 2024

The right employee engagement software is critical to business success. Without the best tool to help manage and measure employee engagement, you risk missing out on the benefits of a productive, motivated workforce. Consider the following factors: Features Look for features that align with your business needs.

Employee Engagement 98

Employee Engagement Software Onboarding User Experience 98

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. Employee benefits, including 401(k)s , life insurance , childcare , disability insurance, and bonuses. Property insurance.

Insurance 105

Insurance Transportation Accounts Payable Small Business 105

Zenefits

DECEMBER 12, 2022

While companies reaped the benefits of lower operating costs with workers in remote settings, many feel the tradeoff of not being in person is no longer worthwhile. There are many benefits to allowing workers to do their job from home for staffers and for business. How this information helps your business.

Retention 64

Retention Compensation Benefits Marketing 64

Zenefits

AUGUST 17, 2022

Salaried staff, hourly workers, or independent contractors all require different solutions for managing employee compensation. But what if you manage payroll for a large corporation with hundreds or thousands of employees — or even a growing small or medium business? Benefits of payroll software for your business.

Software 52

Software Small Business Compliance Benefits 52

Zenefits

JUNE 9, 2023

In a recent survey, 61% of respondents said they outsourced payroll and 56% said they outsourced benefits.¹ Many small and midsize businesses may want to avoid incurring the costs of running a full Human Resources department. Health and welfare benefits. Workers’ compensation coverage. Employee benefit plans.

Administration 52

Administration Insurance Human Resources Compliance 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). If you run one of the 5.8

Compensation 59

Compensation Small Business Accounts Government 59

Zenefits

JUNE 1, 2022

Paid time off has become one of the most important benefits job seekers and current employees value. According to the Bureau of Labor Statistics (BLS), the average amount of PTO in private businesses is 9.7 Simplify benefits administration. Simplify benefits administration. Simplify benefits administration.

Retention 59

Retention Benefits Benchmarking Recruitment 59

Zenefits

OCTOBER 13, 2022

Choosing a retirement benefits package. Employers have many options when choosing a retirement benefits package for their company, but offering a 401(k) plan has become the veritable gold standard. Utilizing 401(k) retirement benefits can be a great tool to attract and retain talented employees.

Benefits 52

Benefits Compliance Small Business Compensation 52

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. Could some employees benefit from mentorship? Are there workshops or conferences your employees would benefit from?

Operations 72

Operations Employee Engagement Benefits Retention 72

Zenefits

DECEMBER 17, 2022

Much like how a liaison would market the benefits of their business, they’ll need to be like-minded about marketing the job posting. That’s the benefit of keeping a short and sweet advertisement. Advertise the compensation and benefits in the posting. Be clear and concise when writing job postings.

Compensation 52

Compensation Advertising Benefits Administration 52

Zenefits

MAY 11, 2023

Payroll costs are all the costs that an organization needs to pay to compensate its employees for their labor. Also included in payroll costs are employee benefits, paid time off, bonuses, commissions, the employer-paid portion of payroll taxes, and the cost of administering the payroll process. Depositing tax withholdings.

Administration 52

Administration Insurance Compensation Benefits 52

AIHR

FEBRUARY 9, 2024

Compensation & Benefits Diversity, Equity, Inclusion & Belonging HR Manager HR Business Partner 2.0 If you are a small business owner who wants a deeper understanding of HR, someone looking for a job in HR, or an administrative professional whose duties include HR, this online HR course for beginners is for you.

Human Resources 79

Human Resources Compliance Administration Job Analysis 79

AIHR

JUNE 2, 2023

These professionals tend to be the first HR hire in most companies, get involved in recruitment, compensation, admin, and more, and develop deep insights into their organizations. They cover most HR functions, including talent attraction, hiring, training and development, employee engagement and performance, and compensation and benefits.

Human Resources 94

Human Resources Employee Relations Compliance Recruitment 94

Vantage Circle

MAY 22, 2019

Up until the millennials came about, the types of employee benefits that one can provide was literally the last thing on the company’s mind. These young, bright and technology-driven workers started paying more interest to things like diversity , employee benefits package , and workplace culture. I really understand your dilemma.

Benefits 40

Benefits Banking Insurance Small Business 40

Zenefits

DECEMBER 27, 2022

In this article, we address payroll challenges relating to: Payroll tax rates and employee benefits limits. Payroll as a strategic business partner. Compensating diverse and distributed workforces. Payroll tax rates and employee benefits limits. Transit and parking benefits. Voluntary benefits. 401(k) plans.

Software 52

Software Compliance Staffing Benefits 52