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Best Benefits for Engineering Firms

Winston Benefits

Engineering firms often face double the difficulty when recruiting: They need people with strong tech skills, and people with strong craft skills. Here are some of the top benefits among engineering firms. Multiple compensation options are common at many engineering firms, which like to reward innovation among employees.

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Building Trust Through Transparency: The Total Compensation Statement Sample Explained

COMPackage

A Sample Total Compensation Statement Here is a sample TCS that illustrates how this information can be presented: Employee Name: John Doe Job Title: Software Engineer Date: January 1, 2024 Direct Pay Base Salary: $85,000 per year Indirect Pay Health Insurance: $7,000 annual premium (employer-paid) Retirement Plan: 401(k) match of 3% of salary Paid (..)

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Human Resource Solutions at Genesis HR

Genesis HR Solutions

401(k) options. 401(k) Plan. The 401(k) offering you pick should include these features: A secure web portal. Employer tax deposits and filings; Form 940, Form 941, and W-3 transmittal—our tax engine uses your ZIP code to calculate correct tax info, so we know the exact amount to tax your employees.

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5 steps to attract and hire highly skilled workers

Insperity

Examples of highly skilled employees Although technical and scientific fields – engineering, computer programming or health care – may come to mind first, highly skilled workers can be found in any industry or profession. Typically, big name job search engines aren’t where highly skilled workers gather.

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Managed Accounts - Why The Lack of Competition?

The Teacher's Advocate

Managed Accounts are also available and on the rise in 401(k) plans and enjoy Qualified Default Investment Alternative status with the Department of Labor. My experience is that Financial Engines and Morningstar/Ibbotson are the dominant providers and according to a Pensions and Investment article they are.

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Designing an Effective Total Compensation Report: Sample Templates and Tips

COMPackage

Sample Templates Here are two sample TCR templates: Template 1: Salaried Employee Employee Name: John Doe Job Title: Software Engineer Date: January 1, 2024 Direct Pay Base Salary: $85,000 per year Bonus: $10,000 (based on performance) Indirect Pay Health Insurance: $7,000 annual premium (employer-paid) Retirement Plan: 401(k) match of 3% of salary (..)

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Your roadmap for hiring highly skilled workers

Insperity

Although technical and scientific fields – engineering, computer programming or health care – may come to mind first, highly skilled workers can be found in any industry or profession. Typically, big name job search engines aren’t where highly skilled workers gather. Examples of highly skilled employees.

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