Remove Benefits Package Remove Employee Compensation Remove Retirement Plan
article thumbnail

Top 10 Employee Benefits Certifications for Professionals in 2024

HR Lineup

Administered by the International Foundation of Employee Benefit Plans (IFEBP) and Dalhousie University, this program provides a comprehensive education on employee benefits, retirement plans, and health benefits. Helps bridge the gap between benefits and compensation planning.

401(k) 234
article thumbnail

What Does HR Do All Day?

HR Lineup

HR professionals are responsible for managing employee benefits programs, such as health insurance, retirement plans , and paid time off. They ensure that employees understand their benefits and can take advantage of them. They ensure that employees understand their benefits and can take advantage of them.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Total Compensation Report Sample: A Guide for HR Professionals

COMPackage

In today’s talent-driven market, attracting and retaining top performers requires a holistic approach to compensation. Beyond just base salary, employees value a comprehensive benefits package that contributes to their overall well-being. Customization is King: TCRs should be tailored to different employee groups.

PTO 40
article thumbnail

Types of Compensation: Everything HR Needs to Know

HR Lineup

In the dynamic landscape of human resources, managing compensation is a crucial aspect that directly impacts an organization’s ability to attract, retain, and motivate employees. Compensation goes beyond just the salary paid to employees and includes various elements designed to reward and recognize their contributions.

Bonuses 223
article thumbnail

6 tips to improve employee retention

Business Management Daily

Thankfully, there are various employee retention strategies you can implement if you’re wondering how to retain employees at your company. Employee compensation and benefits. One way to improve employee retention is to offer better compensation and benefits packages.

article thumbnail

10 signs your business needs a PEO

Insperity

Competing companies are wooing your employees with five-star benefit packages. When you’re wearing too many hats, another thing that may escape your attention is your awareness of how your benefits package compares to what other employers are offering. A new employee misses out on benefits enrollment.

401(k) 70
article thumbnail

How to conduct a compensation and benefits review

Higginbotham

Companies depend on their compensation and benefits package to attract talent. On the other hand, if you offer benefits that no one really wants or cares about, you’re wasting money. You need to get it just right, and a compensation and benefits review can help. Employee Benefit Needs Have Changed.