COMPackage

NOVEMBER 2, 2024

Beyond just base salary, employees value a comprehensive benefits package that contributes to their overall well-being. This guide explores the importance of TCRs, highlights key considerations for crafting effective reports, and showcases sample reports for both salaried and hourly employees. healthcare, PTO).

PTO 40

PTO Retirement Plan Salary Bonuses 40

Achievers

DECEMBER 22, 2016

Studies on turnover estimate that when an employee leaves a company, it can cost the organization between 30 to 250 percent of that person’s annual salary due to factors like loss of productivity and other associated replacement costs. Learn how to build a culture of recognition by downloading The Case for Employee Recognition Ebook.

Employee Recognition 168

Employee Recognition Human Resources Benefits Package Employee Retention 168

Insperity

NOVEMBER 11, 2021

But what does it take to become known as a veteran-friendly employer? Of course, military members are no different than any other employee in terms of what they want out of their job and from their employer. Read on for additional strategies for becoming a veteran-friendly employer. Recruiting and hiring veterans and reservists.

Employment 119

Employment 401(k) Media PTO 119

Achievers

NOVEMBER 1, 2016

Current statistics from Catalyst show that it costs an average of one-fifth of an employee’s salary to replace that person, which means that for a position paying $50,000 a year, your replacement costs will generally run over $10,000. To learn more, download our white paper on uniting your workforce with a positive company culture.

Employee Retention 229

Employee Retention Employee Recognition Work From Home Media 229

Achievers

MARCH 7, 2017

Employee engagement at work is very much determined by the type of environment and the people that populate said environment, so making sure your personal values align with those of your future employer, in both a cultural and business context is essential. These sites can help you get a feel of how much you’ll be spending per month.

Consulting 184

Consulting Salary Utilities Taxes 184

Insperity

JANUARY 15, 2019

Employment law is ever-evolving, and 2019 is shaping up to usher in its fair share of changes. Employment laws tend to come in waves, with particular themes for each era. Today’s employment laws tend to be driven by perceptions of what’s fair to workers. Long ago, child labor was common and legal. Pay equity.

Family and Medical Leave Act 92

Family and Medical Leave Act Employment Salary Medical 92

Insperity

JANUARY 27, 2022

It’s one more way to signal that you’re an employer of choice. Job hunters typically compare fringe benefits their target companies offer – they’re an important factor in choosing an employer. At the same time, current employees may compare your offerings against a prospective new employer. What mistakes do employers make?

Employment 102

Employment Taxes Health Savings Account Benefits Package 102

COMPackage

OCTOBER 31, 2024

These reports go beyond just base salary, detailing the full value proposition an employee receives, including benefits, paid time off, retirement savings plans, and more. Imagine an employee who receives a TCR outlining their annual salary, health insurance coverage, generous paid time off policy, and company-matched retirement contribution.

Retirement Plan 40

Retirement Plan Health Insurance Benefits Package Salary 40

Insperity

MARCH 25, 2021

If you’re considering entering into an agreement with a professional employer organization (PEO) , chances are you have questions about how PEO pricing works. What is your employer overhead? Employer overhead (in excess of compensation) typically costs between 1.25% and 1.4% of an employees’ salary, according to the U.S.

Professional Employer Organization 99

Professional Employer Organization Employment Health and Welfare Payroll 99

Achievers

JUNE 4, 2019

employers pay nearly $1 billion per week for direct workers’ compensation costs. Employee engagement goes beyond salary compensation. To learn more about best practices in recognizing your employees, download our e-book: “The Power of Employee Appreciation.” Fewer accidents. In the U.S., Contact Us.

Pay Raise 210

Pay Raise Employee Recognition Employee Loyalty Medical 210

Insperity

NOVEMBER 30, 2021

When an organization needs to reduce its payroll due to financial hardship, there are two options employers may consider: furlough vs. layoff. A layoff is a way for employers to part ways with employees for reasons that have nothing to do with the employee’s job performance. What is a layoff? What is a furlough?

PTO 102

PTO Employment Professional Employer Organization Payroll 102

Insperity

OCTOBER 8, 2024

Dealing with a variety of legal acronyms and employment laws across states and at the federal, state and local level can be incredibly complex. How a professional employer organization (PEO) can help If your HR team is smaller or more general in expertise and focus, scaling up and overseeing an expanded HR function can be daunting.

Health 97

Health Professional Employer Organization Recruitment Human Resources 97

Achievers

OCTOBER 25, 2018

According to Deloitte research , employees value “culture” and “career growth” almost twice as much as they value “compensation and benefits,” when selecting an employer. Encouraging employee feedback is a way of granting your workers power that doesn’t require adding to their salary or granting promotions.

Human Resources 226

Human Resources Consulting Management Salary 226

Insperity

FEBRUARY 22, 2018

Can your employees discuss their salaries or wages with their co-workers? The National Labor Relations Act protects employees’ rights to discuss conditions of employment, such as safety and pay even if you’re a non-union employer. What employers can’t do. What employers can do.

Salary 111

Salary Commissions Human Resources Education 111

Best Money Moves

SEPTEMBER 15, 2021

Turnover is a major problem for employers — and it’s getting worse. The Society for Human Resource Management (SHRM) estimates that the average replacement cost of a salaried employee is six to nine months’ salary. Financial stress is a major but often overlooked factor to employee turnover. In June alone, 3.9 million U.S.

Finance 105

Finance Employee Retention Salary Benefits Package 105

Insperity

AUGUST 4, 2020

To that end, it requires employers to give notice 60 days in advance of plant closings and mass layoffs under certain circumstances. The advance notice outlined by the WARN Act helps workers and their families plan for and adjust to a loss of employment. The WARN Act requires employers to give a 60-day notice. Per the U.S.

Employment 88

Employment Government Media Consulting 88

Insperity

JANUARY 11, 2018

Employment laws continue to evolve, and 2018 will usher in some big changes in two of our most populous states, California and New York. The law was signed in 2016, giving employers a little over a year to accommodate this new requirement. Employers are required to obtain paid family leave insurance. Ban the box.

Family and Medical Leave Act 69

Family and Medical Leave Act Employment Deductible Deductions 69

Best Money Moves

MAY 18, 2021

Now, with an end to the pandemic in sight, workers are urging their employers to consider new, long-term remote work solutions — and many employers are listening. . However, employers and employees seem to be on slightly different pages when it comes to whether or not full-time remote work could really benefit their workforces.

Work From Home 122

Work From Home Salary Employment IT 122

Best Money Moves

JULY 7, 2021

What can employers do to support female team members? . According to a 2020 study conducted by McKinsey & Company , women comprise roughly 39 percent of global employment, but have accounted for 54 percent of all pandemic-related job losses. . What can employers do to provide better support to these female team members? .

Parental Leave 96

Parental Leave Salary Human Resources Employment 96

Achievers

JULY 8, 2014

Annual performance reviews can be a great time for managers to discuss career goals and progression, additional training, salaries, and other employment issues with employees. Download our Class of 2014 Whitepaper. Ensure that managers have the time and tools to sit down and have regular meetings with their employees.

Construction 128

Construction Health Salary Management 128

Insperity

JULY 1, 2014

Lots of applicants are ashamed that they don’t hold a degree, or they may have completed some college and figure that qualifies them for employment just as if they have a degree. As part of this process, your pre-employment screening company will verify their former employer and positions they held. Altered dates of employment.

Salary 95

Salary Professional Employer Organization Employment Management 95

Genesis HR Solutions

NOVEMBER 18, 2020

Download The Small Business Guide To Payroll. According to the IRS , a safe harbor 401(k) plan is similar to a traditional 401(k) plan, but, among other things, it must provide for employer contributions that are fully vested when made. Employer contributions. Of those 11 people, only one is considered highly compensated.

401(k) 105

401(k) Salary Payroll Retirement Plan 105

cipHR

NOVEMBER 15, 2021

As head of payroll bureau services at CIPHR’s sister company PBS , a payroll software and service provider, Jon and his team process payroll and BACS salary payments for 94,000 employees, across 500 organisations every month. Some employers also top these payments up. CIPHR asked payroll expert Jon Lee for some pointers.

Pension 98

Pension Gross Pay Payroll Deductible 98

Insperity

NOVEMBER 14, 2023

Higher salaries for existing employees According to a Willis Towers Watson (WTW) survey that garnered approximately 28,000 responses from companies in 135 countries, including 1,550 U.S. In a tight labor market, salary increases are simply a savvy move to remain competitive and combat turnover. 6 HR budget items to prioritize 1.

Salary 108

Salary Recruitment Human Resources Technology 108

SnackNation

MARCH 20, 2017

The Office Manager’s Guide to Asking for a Raise and Boosting Your Salary. According to our survey, we found the average annual compensation for Office Managers is $52,082, with 42% earning salaries in the $25,000 – $50,000 range. Here is a summary of what we learned: Come prepared with salary data. EVERYTHING.

Salary 66

Salary Management Life Insurance Media 66

Achievers

MAY 9, 2014

Millennials are driven, motivated, and more educated than any other group in history – and this year’s graduating class marks a critical time for employers. What can employers do to ensure that the bright and energized class of 2014 will want to work for them? Download our whitepaper here. Here are four secrets revealed.

Recruitment 104

Recruitment Salary Education Technology 104

Best Money Moves

NOVEMBER 3, 2021

Employers need to take notice. Sixty-five percent of employees are stressed about their finances due to the pandemic, according to a the 2022 Trends in Benefits report, costing the employers around the country a total of $4.7 Employers are trying to combat this in 2022 by shifting to personalized benefits.

Work From Home 111

Work From Home Benefits Package Finance Healthcare Benefits 111

Hppy

FEBRUARY 21, 2017

Many employers do not actually realize how low their employees’ effective wages are however, because they do not account for all the factors which burn a hole in their employees’ pockets—one of which is the daily commute. On top of that, there is all that lost time—which employers do not compensate for. Get your free copy.

Salary 32

Salary Transportation Employment IT 32

Achievers

AUGUST 3, 2016

To create such an environment, employers need to foster a culture where people feel empowered to share feedback, suggestions and recognitions. But to begin with, employers must remember that their employees are not just numbers on a spreadsheet or in an HR system – they are the heart of the company culture. Eliminate email.

Employee Recognition 141

Employee Recognition Salary Technology Recruitment 141

Insperity

AUGUST 12, 2021

Yet there’s another rising issue with which employers must prepare to contend: post-pandemic employee turnover. Amid business closures and industrywide downturns, and with the ensuing widespread layoffs or reductions in salary and benefits, uncertainty reigned. What’s fueling post-pandemic employee turnover.

IT 139

IT Salary Commissions Bonuses 139

Insperity

APRIL 18, 2013

Can employees legally discuss their salaries with other co-workers? Recently, the National Labor Relations Board (NLRB) decided that an engineering firm had unlawfully fired one of its employees for discussing salary information with co-workers. Whether you are an employee or an employer, this is an important finding.

Salary 75

Salary Engineering Media Education 75

Insperity

MARCH 2, 2021

These career consumer candidates are empowered in their search for the best-fit employer. See salary information for many jobs. How can employers make sure they are keeping up with today’s choosy job candidates ? By merely having LinkedIn, Indeed and Glassdoor accounts, they can: Keep tabs on new job opportunities in real time.

Recruitment 123

Recruitment Health Technology Salary 123

Insperity

DECEMBER 20, 2022

The term cost of labor refers to what the average employer is willing to pay a worker in that area to perform a certain job. This information is often available from salary reporting surveys. Employer approaches for location-based pay. It’s simple and straightforward for employers. It’s usually industry specific.

Salary 96

Salary Recruitment Transportation Food 96

HR Bartender

OCTOBER 16, 2018

Competing in an Era of Choice: Today’s HR systems and technologies can help employers meet their “people” goals and demonstrate that the things their candidates and employees value most have been thoughtfully incorporated into the work experience. Find out what every employer should know about properly classifying employees.

Payroll 25

Payroll Human Resources Deductible Deductions 25

Insperity

NOVEMBER 23, 2023

This can include identifying salary ranges in job postings, providing the pay scale for an employee’s position upon request or implementing formal policies around internal pay transparency within the organization. The information to be shared also varies – from providing salary ranges to sharing detailed compensation data.

Salary 91

Salary Professional Employer Organization Education Human Resources 91

Insperity

MARCH 5, 2020

Actively manage your company’s employment brand and reputation online. What do well-qualified prospects consider a great salary? Do what you can to accommodate that salary range. If you can’t afford the desired salary, compensate for it in other ways. What do these types of valued workers share? Summing it all up.

Recruitment 112

Recruitment Salary Media Benefits Package 112

Ascender

MARCH 19, 2017

Download our free whitepaper. Moving forward, employers are required to share payroll information with the ATO at the same time they pay employees. Moving forward, employers are required to share payroll information with the ATO at the same time they pay employees.

Payroll 76

Payroll IT Deductible Deductions 76