HR Digest

NOVEMBER 20, 2023

Among reports of increasing job dissatisfaction and high employee attrition rates, many companies are caught wondering how to recruit top talent and retain top talent as well. Image credit – Pexels) How to Recruit Top Talent? Recruitment policies and practices are also important contributors.

Recruitment 110

Recruitment IT 401(k) Health and Welfare 110

HR Lineup

FEBRUARY 9, 2023

Zenefits’ platform offers a wide range of benefits products including health, dental, and vision insurance, life insurance, 401(k) plans, and other voluntary benefits. The platform integrates with popular payroll providers and insurance carriers to provide real-time data and insights into benefits and HR programs.

401(k) 130

401(k) Insurance Carriers Voluntary Benefits Life Insurance 130

COMPackage

NOVEMBER 3, 2024

Improved Recruitment and Retention: Communicating total compensation effectively can be a powerful tool for attracting top talent and reducing employee turnover. Informed Financial Decisions: Clear information on benefits allows employees to make informed financial choices about budgeting, saving, and planning for retirement.

401(k) 52

401(k) Retirement Plan Benefits Package Health Insurance 52

Achievers

AUGUST 29, 2017

Second, they are less likely to leave (or even be absent) which means less money needs to be spent recruiting, hiring, and training replacements. However, many employees aren’t taking advantage of those benefits from employer 401k matching to health and wellness to time off. Increase Benefit Engagement.

Employee Recognition 258

Employee Recognition 401(k) Technology Recruitment 258

Genesis HR Solutions

SEPTEMBER 22, 2020

While you know recruiting and retention is important, you may not be sure if the benefits you offer are a selling point to your potential employees. 401(k) & 403(b) Retirement Plans. A 401(k) or a 403(b) is a retirement plan named for the section of the tax code that governs it. ( eHealthinsurance.com ).

401(k) 98

401(k) Employee Benefits roth 401(k) Disability Insurance 98

WEX Inc.

OCTOBER 15, 2024

While HSAs combine several of the best features of 401(k)s and flexible spending accounts (FSAs), they are often overlooked and underutilized. WEX is excited to use HSA Day to educate employers and employees about the value of HSAs.”

401(k) 52

401(k) Health Savings Account Flexible Spending Account Taxes 52

Patriot Software

APRIL 3, 2023

Offering a retirement plan comes with a host of benefits, including generous 401(k) tax credits, while also serving as a potent tool for recruiting and retaining top talent. There are also unique benefits that come from integrating your 401(k) plan with your payroll provider.

Retirement Plan 74

Retirement Plan 401(k) Payroll Taxes 74

Achievers

APRIL 4, 2022

In addition, marketing, especially recruitment marketing or the tactics you use to promote yourself to job seekers, can make a big difference when it comes to employer brand. While a few negative reviews every now and then are expected, too many of them can make it difficult for others to see your organization in a positive light.

Employment 239

Employment 401(k) Employee Recognition Bonuses 239

Achievers

DECEMBER 12, 2017

Recruiting new employees without clearly spelling to them what is required will only lead to confusion and lower productivity. And don’t limit yourself to sharing just health benefits and 401k details, add some fun collateral that represents your company culture and engages employees to want to learn more. About the Author.

401(k) 194

401(k) Employee Recognition Human Resources Construction 194

InterWest Insurance Services

APRIL 11, 2024

Chamber of Commerce, found that firms with 100 or more workers to whom they offer group health benefits gained from increased productivity, reduced direct medical costs (for self-insured firms), tax benefits and improved retention and recruitment. Recruitment costs (0.3%

401(k) 93

401(k) Health Insurance Insurance Taxes 93

InterWest Insurance Services

JULY 20, 2022

To help these new recruits get the most out of the benefits you offer, you can start by focusing on the following: School them on health insurance. To many new Gen Z recruits, signing up for health insurance and actually using their benefits is a foreign concept. Financial wellness. Most students in the U.S. Most students in the U.S.

Education 98

Education 401(k) Deductions Deductible 98

HR Digest

MAY 21, 2023

Matching 401(k) contributions 2. Offers like a 401(k) or 403(b) can work as this means that people can use some of their money before they pay taxes on it, and invest in the future. Some top choices trending today include: 1. Health care flexible spending accounts 3. Tuition reimbursement 4. Wellness programs 5.

Benefits Package 105

Benefits Package 401(k) Employee Benefits Disability Insurance 105

HR Bartender

MAY 1, 2018

Like many businesses today, Kronos discovered they were facing recruiting challenges. But when our recruiters tried to hire people in their thirties or forties with significant tenure at other companies, they often learned that those people had four or five weeks’ vacation. myTime: An “Open” Vacation Policy.

401(k) 141

401(k) Parental Leave Paid Vacation PTO 141

COMPackage

OCTOBER 14, 2024

Enhanced Recruitment and Retention: TCSs can be a powerful tool for attracting and retaining top talent by demonstrating the competitive nature of an employer’s compensation package. Improved Employee Engagement: When employees understand the value of their compensation, they are more likely to be engaged and committed to their work.

401(k) 40

401(k) Retirement Plan Incentive Compensation Life Insurance 40

HR Bartender

NOVEMBER 26, 2017

While you’re still there, find out about final pay checks and expenses, 401(k) plans, and health insurance (COBRA). There are a whole bunch of reasons why companies shouldn’t give counter-offers and why you shouldn’t accept one. The best strategy is not to expect one. Find out about benefits and final paychecks. Help your replacement.

401(k) 135

401(k) Health Insurance Insurance Employment 135

Insperity

SEPTEMBER 21, 2023

You also don’t want to have to continually replace people who leave for a better salary – it’s costly and time consuming to recruit and train new employees. Look beyond the 401(k) Employees tend to think of a 401(k) retirement plan as a standard, commonplace benefits offering.

401(k) 108

401(k) IT Benefits Package Finance 108

HR Bartender

JANUARY 23, 2018

So, they will have questions about their vacation balance, health insurance, 401(k), etc. Employees do not know what happens when they tender their resignation. They just know that they’re leaving. Make sure that employees know the company will answer their questions. Schedule an exit interview.

401(k) 134

401(k) Employment Overtime Health Insurance 134

Achievers

SEPTEMBER 3, 2014

The workforce is rapidly changing, and organizations need to find ways to recruit, retain and inspire top talent that go beyond a slightly above average 401K plan.

401(k) 104

401(k) Recruitment IT 104

Insperity

DECEMBER 29, 2020

This means not only your recruitment process is at stake but also your brand. Today’s candidates are interested in salary range and traditional benefits like a 401(k) and health insurance. For example: Will a recruiter contact them? If so, when can they expect to hear from the recruiter?

401(k) 122

401(k) Recruitment Media Health Insurance 122

Achievers

MAY 10, 2018

Offering educational opportunities has a wide variety of benefits for both employees and companies, and gives a competitive advantage from a recruiting standpoint. Today’s generation of workers have put employee education and development high on their list of the most-desired benefits that a company can offer.

Education 164

Education 401(k) Salary Health Insurance 164

Insperity

FEBRUARY 20, 2020

These things have become so commonplace that employees expect them, such as: Health insurance Dental insurance Paid vacation and sick days 401(k) retirement plan Disability insurance Life insurance Workers’ compensation Unemployment insurance. Perform a competitive analysis. Examine your budget and conduct a cost-benefit analysis.

401(k) 105

401(k) Paid Vacation Disability Insurance Insurance 105

Empuls

AUGUST 27, 2024

Recruitment and retention Benefits play a colossal role in the attraction of the best talent available. Google Google offers very strong retirement plans by providing its employees 401(k) matching and financial planning resources to not feel vulnerable about the future, which in turn increases their loyalty and long-term satisfaction. 

Family and Medical Leave Act 40

Family and Medical Leave Act Employee Benefits 401(k) Benefits Package 40

Achievers

FEBRUARY 3, 2016

Many companies have a standard onboarding program for employees that focuses on administrative matters, such as providing information about healthcare, 401K programs, and computer passwords. A strong executive onboarding program can help reduce that risk of failure.

401(k) 138

401(k) Salary Healthcare Software 138

Hppy

APRIL 1, 2017

Understanding what potential employees desire in their benefits package is crucial when recruiting top candidates for any position. Health Insurance and 401(k) matching are the most important elements of a benefits negotiation by a good margin.

401(k) 63

401(k) Benefits Package Salary Health Insurance 63

HR Bartender

OCTOBER 26, 2018

Employees who need emergency funds don’t need to tap into their 401(k) savings programs. As much as we might not like to admit it, having good credit matters. And the way you get good credit is by taking out loans and paying them back … on time. I’ve written before about the challenges ahead when it comes to retirement.

401(k) 95

401(k) Deductions Deductible Payroll 95

Insperity

APRIL 26, 2018

And how would providing your employees with access to big-business benefits improve your recruiting and retention efforts? A PEO can provide access to a retirement savings program that includes 401(k) plans – a benefit offering that may help your employee retention. Recruiting. These days, recruiting moves at light speed.

401(k) 69

401(k) Professional Employer Organization Workers’ Compensation Payroll Service 69

Insperity

FEBRUARY 6, 2018

Suddenly, payroll, benefit plans, recruiting support, performance management and certain employer liability issues are no longer time-sapping tasks. Adding a 401(k) option to your benefits package gives your HR staff more resources to attract and retain talent. And, when the employees are happy, the HR staff is happier, too.

401(k) 72

401(k) Professional Employer Organization Health Education 72

Insperity

JUNE 26, 2018

Will you match the employee’s contribution up to a certain amount annually, much like a 401(k) company match ? A few of these include: It can help your organization recruit recent college grads. How much will you offer? Some companies offer as little as $50 a month, while others offer $5,000 a year.

401(k) 68

401(k) Benefits Package Taxes Banking 68

Business Management Daily

JANUARY 2, 2020

That means if candidates encounter just one bad experience with your recruiting/hiring process, they’ll be quick to give you the “thank you, next” treatment. So what do candidates expect in the recruitment process? That’s followed by health insurance, 401(k) plans, bonus incentives and training opportunities.

401(k) 64

401(k) Health Insurance Recruitment Food 64

Vantage Circle

JULY 5, 2019

Consider the 401K plan, which is also a financial benefit existing way before than other benefits that organizations opt for. One such plan includes 401(K) plan , where it is sponsored by an employer and employees save and invest a piece of their paycheck before taxes are applied.

401(k) 90

401(k) Retirement Plan Finance Education 90

Insperity

NOVEMBER 11, 2021

Recruiting and hiring veterans and reservists. When recruiting job candidates, it might be a challenge to target only military veterans or reservists. Of course, military reservist and veteran employees want the same set of benefits as anyone else: health, vision and dental insurance, 401(k) and paid time off (PTO), for example.

Employment 119

Employment 401(k) Media PTO 119

Qandle

AUGUST 26, 2022

With the COVID-19 pandemic posing new obstacles to traditional recruitment practices like in-person interviews, the importance of human resource management and cutting-edge technology has never been higher for businesses than it is in 2022. To accomplish this lofty goal, businesses have turned to human resources software. monday.com.

Software 98

Software 401(k) Human Resources Payroll 98

HR Bartender

AUGUST 21, 2016

People started noticing that the applications that hung off the HRMS – recruiting was the first and performance management soon followed – actually did offer strategic value and first called them the Talent Management (TM) suite and finally HCM or Human Capital Management. But the name quickly caught on and is now called ‘Core HR.’.

401(k) 100

401(k) Software Human Resources Flexible Spending Account 100

Insperity

FEBRUARY 9, 2015

Last year, the trend was recruiting and applicant-tracking systems and making them more compatible with social media. Employees don’t want to be put into a telephone queue just to update their address or manage their 401(k) contributions. They’d rather just get on a computer and do it themselves.

Technology 90

Technology 401(k) PTO Payroll 90

Insperity

OCTOBER 17, 2023

Recruiting professionals on your HR team can help your company: Source candidates who align with both job requirements and organizational values and culture. After all, it’s time consuming and costly to deal with employee turnover and start the recruiting process all over again from scratch because you hired the wrong person.

Employee Retention 111

Employee Retention 401(k) Benefits Package Construction 111

Winston Benefits

MARCH 13, 2018

But the wide range of employee benefits that security companies offer shows that there’s plenty of opportunity to use benefits as a recruiting and retention tool. ADT offers a 401(k) with a company match; U.S. Security Associates also offers a 401(k). Retirement and Other Savings Options. Career Development.

401(k) 51

401(k) Employee Benefits Health Insurance Insurance 51

Best Money Moves

MAY 23, 2018

More flexible work arrangements – like casual dress and telecommuting – were ranked one of the most effective recruiting strategies. 401(k) contributions at a record high. Information reported from the first quarter of 2018 shows just how important 401(k) benefits are to employees.

401(k) 51

401(k) Employee Benefits Media Human Resources 51