Best Money Moves

AUGUST 6, 2024

Employees often look to their employer as a source of financial wellness support. Yet only 28% of employers report offering such benefits to their teams. To help employees craft a more financially resilient future, consider offering an emergency fund as part of your employee benefits package.

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Retirement Plan Benefits Package Medical Banking 105

COMPackage

NOVEMBER 4, 2024

Employees increasingly seek transparency and value beyond just base salary. Total Compensation Report (TCR) templates offer a solution, providing a clear and concise framework for communicating the full value proposition an employer offers. Customization Counts: Consider the specific needs of different employee segments.

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Salary Retirement Plan PTO Health Insurance 40

Business Management Daily

AUGUST 12, 2024

As an employer or human resources manager, consider what candidates and employees bring to your business. Offering solid benefits and a compelling employer value proposition can help attract top talent and increase employee engagement and retention rates. But what do you give them in exchange?

Salary 105

Salary Retirement Plan Employee Stock Option Parental Leave 105

Employee Benefits

NOVEMBER 20, 2023

Credit: Julia Sudnitskaya / Shuuterstock.com A total reward statement provides an overview of an employment package and its value. A personalised benefits package can help to engage employees with their benefits because it is specifically relevant to them.

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Benefits Package Voluntary Benefits Pension Bonuses 105

HR Lineup

MAY 10, 2024

In this article, we delve into the top strategies for reducing employee turnover in 2024, offering insights and actionable steps for employers to enhance retention efforts. Offer Competitive Compensation: Benchmark salaries against industry standards and adjust compensation packages accordingly to attract and retain top talent.

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Benefits Package Flexible Spending Account Employee Retention Flexible Spending 246

Vantage Circle

MARCH 25, 2025

How can companies move beyond standard health insurance and create a benefits package that truly stands out? We’ll dive into unique, game-changing employee benefits that don’t just attract top talent but keep them engaged and committed for the long haul. These benefits are the bare minimum.

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Employee Benefits Family and Medical Leave Act 401(k) PTO 85

Employee Benefits

MAY 29, 2023

It is quite natural for us to focus on salary. However, benefits are an important aspect of any offering from an organisation, as good benefits can provide security, flexibility, and peace of mind, contributing to a more positive work experience overall. So what constitutes a good employee benefits package?

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Salary Employee Benefits Disability Insurance Pension 98

Take It Personel-ly

MARCH 12, 2020

However, not every small employer can afford to give their team a six-figure salary, full benefits package and unlimited vacation time. A happier workforce is a more productive one. How can you provide the environment your staff needs to thrive?

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Benefits Package Salary Employment Human Resources 167

Achievers

APRIL 23, 2015

A competitive salary is the bare minimum that you need to provide to keep employees satisfied. Beyond compensation, your employee retention strategies should factor in the total rewards package you offer, the quality of your leadership, and the power of your social recognition strategies.

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HR Lineup

JUNE 24, 2024

Compensation and Benefits Competitive compensation and benefits packages are essential in attracting and retaining top talent. While salary is a significant factor, a holistic approach to compensation includes benefits that address various aspects of an employee’s life and well-being.

Parental Leave 246

Parental Leave Health Retirement Plan Employee Loyalty 246

HR Lineup

JUNE 24, 2023

Maintain a strong employer brand: Recessions can create a competitive hiring landscape, with more candidates vying for fewer job openings. To attract top talent, businesses must maintain a strong employer brand. Conduct research to ensure that the salary and benefits you provide are in line with industry standards.

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Recruitment Employee Loyalty Benefits Package Utilities 249

InterWest Insurance Services

MAY 21, 2024

Department of Labor has issued a final rule increasing the federal salary threshold for overtime exemptions by 65%, with the full increase starting in 2025. A salaried bona fide executive, administrative or professional employee must earn that amount or more if an employer wants to exempt them from federal overtime requirements.

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Overtime Salary Payroll System Benefits Package 94

COMPackage

NOVEMBER 3, 2024

Employees increasingly value a comprehensive benefits package that contributes to their financial well-being and overall work experience. This article explores the benefits of TCRSs, highlights key considerations for crafting meaningful reports, and offers a sample statement for your reference.

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401(k) Retirement Plan Benefits Package Health Insurance 52

HR Lineup

APRIL 11, 2023

Employment is a significant part of our lives, and it comes with various benefits and perks. One of these benefits is the provision of employee benefits. Employee benefits are non-wage compensations that are provided by employers to their employees, which may include health insurance, retirement plans, and vacation time.

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Retirement Plan Health and Welfare Health Insurance Benefit Providers 246

Insperity

OCTOBER 1, 2024

And employment has an effect on nearly aspect of a person’s wellness, including: Basic financial benefits of a paycheck and benefits. Opportunity to advance one’s career, gaining in title, status and salary. Consider a wider range of benefits that go a step further in addressing employee wellness.

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Employee Wellness 401(k) PTO Retirement Plan 84

Empuls

AUGUST 28, 2024

In today's rapidly evolving workplace, offering a comprehensive benefits package is no longer just an added perk—it's a critical component of attracting and retaining top talent. This alarming statistic signals a pressing need for businesses to reevaluate their benefits offerings.

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Benefit Providers Employee Benefits 401(k) Retirement Plan 40

Best Money Moves

JULY 30, 2024

In a recent PeopleKeep survey, 81 percent of respondents felt that an employer’s benefits package was a deciding factor when accepting a new job. In fact, according to MetLife’s 2024 Employee Benefit Trends Study, 93 percent of employees consider workplace wellbeing as important as salary.

Benefits Package 59

Benefits Package Retirement Plan Education Utilities 59

HR Lineup

JANUARY 17, 2024

Compensation and Benefits: Competitive compensation and attractive benefits packages play a pivotal role in retaining employees. Regular salary reviews, benchmarking against industry standards, and a comprehensive benefits package can help address this issue.

Benefits Package 245

Benefits Package Recruitment Human Resources Technology 245

Best Money Moves

OCTOBER 7, 2024

How to use benefits to stand out to top talent. Companies need a competitive benefits package to attract and retain top talent. Here are the standout benefits your employees are looking for. Learn how employers of choice are going beyond competitive pay to attract top talent, and ultimately retain top employees.

Benefits Package 59

Benefits Package Education Human Resources Recruitment 59

Employee Benefits

SEPTEMBER 8, 2023

Aberdeen-based Robert Gordon University has enhanced its benefits package to cater for changing employee needs post-pandemic. The post Robert Gordon University enhances benefits package appeared first on Employee Benefits. The Aberdeen Gift Card can be spent with around 300 businesses in the city.

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Benefits Package Pension Salary Employee Benefits 69

HR Lineup

MAY 29, 2023

Employers invest significant time and resources in identifying and hiring the best candidates. Understanding the reasons behind such rejections is essential for employers to improve their hiring strategies and increase their chances of securing top-notch talent.

Recruitment 239

Recruitment Retirement Plan Salary Health Insurance 239

HR Lineup

FEBRUARY 1, 2024

Compensation goes beyond just the salary paid to employees and includes various elements designed to reward and recognize their contributions. It forms the foundation of an employee’s compensation package and is often influenced by factors such as experience, education, and market rates for similar roles.

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Bonuses Commissions Salary Overtime 223

Employee Benefits

FEBRUARY 15, 2023

The cost-of-living crisis has employees demanding pay rises in line with inflation, but many employers are unable to afford this long-term. Benefits that support financial wellbeing and education, including day-to-day budgeting and discounts, can help pay stretch further without raising pay.

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Benefits Package Pension Education Bonuses 105

eni

JULY 31, 2024

Develop a Strong Employer Brand: A strong employer brand is the foundation of attracting top talent. Participate in Industry Events: Competitive compensation and benefits packages are critical in attracting top talent. Here are ten proven ways for HR professionals to attract top talent: 1.

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Benefits Package Retirement Plan Media Health Insurance 52

Employee Benefits

OCTOBER 6, 2023

The majority (85%) of organisations plan to enhance their benefits packages for employees, according to research by HR and employee benefits consulting services firm Gallagher. Voluntary benefits such as bikes-for-work schemes have increased to 75% from 73% in 2022, while gym memberships rose to 45% from 34%.

Benefits Package 59

Benefits Package Employment Voluntary Benefits Consulting 59

Employee Benefits

JULY 26, 2023

Nearly half (48%) of employers have boosted investment in their benefits package over the last 12 months in response to economic climate changes, according to research by benefits provider Zest. Salary (46%) was the next largest factor, followed by demands for better employee benefits packages (43%).

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Benefits Package Employment Salary Benefit Providers 98

Employee Benefits

JANUARY 30, 2023

If employers are not seeing a return on their investment in benefits or schemes are not achieving their desired aims, such as increased employee engagement or retention, then they might be spending too much. So, given the ever-growing list of benefits on offer, can an employer end up offering its workforce too much?

Employment 111

Employment Benefits Package Education Salary 111

HR Lineup

APRIL 10, 2023

Compensation and Benefits HR professionals are also responsible for managing employee compensation and benefits. They may also conduct salary surveys to ensure that the company’s pay rates are competitive. They may develop and implement policies and procedures that help the company avoid legal issues related to employment.

Family and Medical Leave Act 246

Family and Medical Leave Act Retirement Plan Health Insurance Human Resources 246

HR Lineup

JUNE 14, 2024

Strategies: Building a strong employer brand , utilizing social media, creating appealing job postings, and engaging in community outreach. Examples: Google’s innovative recruitment campaigns and strong online presence that make it a highly attractive employer. Strategies for Each Stage 1.

Utilities 246

Utilities Recruitment Retirement Plan Media 246

HR Lineup

JANUARY 16, 2023

Salary.com is a website that provides detailed information on salaries, benefits, and job market trends for a wide range of industries and positions. The site is designed to help job seekers and employers alike gain a better understanding of what to expect when it comes to compensation, benefits, and job market conditions.

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Benefits Package Retirement Plan Salary Health Insurance 130

COMPackage

NOVEMBER 5, 2024

Employees increasingly seek a clear understanding of the complete value proposition their employer offers, going beyond just base salary. TCRs address this by shedding light on all aspects of an employee’s compensation, including: Base Salary: The core component, clearly outlining the annual or hourly wage.

Retirement Plan 52

Retirement Plan Health Insurance Salary Bonuses 52

HR Lineup

MAY 30, 2023

Utilize social media platforms , create a compelling employer brand on websites and professional networks, and leverage innovative recruitment technologies to reach Gen Z candidates where they are most active. Employers should establish robust learning and development programs, including mentorship, coaching, and training initiatives.

Media 243

Media Recruitment Retirement Plan Technology 243

Bayzat

OCTOBER 31, 2024

Attracting the best talent and holding onto the existing top performers means the company will need to have an attractive compensation package within its staff retention and hiring plan. Falling out of touch with what makes a strong employee compensation package may mean your company is losing its competitive edge.

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Salary Bonuses Commissions Benefits Package 52

Workplace Insight

JANUARY 16, 2024

Henley has also shared key advice for employers serious about doing better by their employees and responding effectively to demands: Embrace a workplace culture not built around homogeneity Businesses must make sure that packages and perks are tailored to the individual worker, allowing employees to opt-in to benefits that best work for them.

Employment 113

Employment Salary Transportation Manufacturing 113

HR Digest

DECEMBER 2, 2023

A Gallup report stated that the cost of replacing an employee could range from one-half to two times the employee’s annual salary. Consumer Affairs reported the top 5 reasons for quitting to be in search of better pay and better benefits, insufficient pay raises, unmet needs by their former employers, and pay inequality.

Employee Retention 96

Employee Retention Salary Health and Welfare 401(k) 96

Wellable

NOVEMBER 1, 2021

Companies often provide employee benefits (compensation given to employees in addition to their wages or salaries) to increase talent attraction, retention, engagement, and overall job satisfaction. Despite their importance, contemporary benefits packages appear to be falling short.

Employment 95

Employment Benefits Package Salary Employee Benefits 95

HR Lineup

AUGUST 8, 2023

Benefits Package: The collection of perks, benefits, and incentives offered by an organization to its employees. This may include health insurance, retirement plans, paid time off, and other non-monetary benefits. Unemployment Rate: The percentage of the labor force that is unemployed and actively seeking employment.

Human Resources 242

Human Resources Retirement Plan Commissions Health Insurance 242