HR Digest

JUNE 5, 2019

The ongoing calls for salary transparency as a cure for pay inequity are actually creating confusion among employers. Salary transparency is a double-edged sword; it could bring motivation and demotivation at the same time. Focusing on peers, the survey recorded massive demotivating effects of learning other’s salaries.

Salary 66

Salary Engineering Employee Compensation Employment 66

Vantage Circle

AUGUST 4, 2021

Just like how employee compensation is a topic that concerns all employees, it’s a vital aspect of the HR function as well. When it comes to compensating employees, what you offer and how you structure your pay plans are key factors in attracting and retaining talent. Employee compensation isn't about the money.

Employee Compensation 52

Employee Compensation Commissions Overtime Salary 52

HR Digest

FEBRUARY 24, 2024

Salary transparency laws have become a hot topic in recent years, with many countries implementing regulations to promote pay equity and address the gender pay gap. These laws vary by jurisdiction but typically require employers to share salary ranges for specific job positions or provide employees with access to salary data.

Salary 52

Salary Employee Compensation Education Management 52

Bayzat

JULY 2, 2024

In the dynamic business landscape of the United Arab Emirates (UAE), one critical aspect of attracting and retaining top talent is having a well-defined and competitive salary structure. A thoughtfully crafted salary structure ensures fairness and transparency, playing a pivotal role in a business’s overall success and growth.

Salary 52

Salary Bonuses Transportation Taxes 52

HR Lineup

APRIL 19, 2024

Equity compensation is a powerful tool used by companies to attract, retain, and incentivize employees. Unlike traditional forms of compensation such as salary and bonuses, equity compensation grants employees ownership stakes in the company.

Equity Compensation 82

Equity Compensation IT Taxes Compensation Equity 82

HR Lineup

JULY 25, 2022

An employer value proposition is the spark or benefits that attract candidates to your company and retain employees to work for you. An EVP can be in two forms: employee value proposition and employer value proposition. So, what is employer value proposition, and how do you create it? Let’s understand below. EVP vs Employer Branding.

Employment 84

Employment IT Recruitment Salary 84

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. Of course, discussing salaries can be problematic. What employers can do.

Salary 111

Salary Commissions Education Human Resources 111

COMPackage

SEPTEMBER 30, 2024

Total Compensation Report Template: Track, Analyze, and Optimize Employee Compensation A total compensation report template is a valuable tool for HR departments, providing a comprehensive overview of an employee’s compensation package.

Employee Compensation 40

Employee Compensation 401(k) Disability Insurance Overtime 40

Achievers

JUNE 25, 2019

Some folks are hourly, some are salaried, and depending on what role they play, others receive bonuses or commissions based on their performance. Here are the three most popular types of compensation packages and a few notes on who might be most attracted to them. Straight salary compensation. Simple, right? Not so much.

Commissions 92

Commissions Overtime Salary Health Insurance 92

Insperity

JUNE 8, 2023

How do you know the competitive salary range for each position at your company? The answer: Compensation benchmarking. What is compensation benchmarking? They match your employees’ jobs with similar jobs in compensation surveys to get an accurate picture of what other professionals in those roles are earning.

Salary 100

Salary Benefits Package Education Human Resources 100

Achievers

MARCH 19, 2019

She points out that a disengaged employee generally costs the company about 34 percent of his or her salary annually. The typical level of employee engagement in the United States is about 32 percent. Just looking at averages, the estimated cost of replacing an employee ranges from 50 to 200 percent of the person’s salary.

Salary 116

Salary Consulting Human Resources Employee Compensation 116

Empuls

FEBRUARY 29, 2024

Salary benchmarking is when HR compares the organization's pay levels with market rates for similar jobs. It helps ensure fair compensation for employees and offers a competitive advantage. Importance of salary benchmarking One can summarize the importance of salary benchmarking as follows: 1.

Salary 40

Salary Media Engineering Software 40

BetterUp

JANUARY 6, 2023

Analyzing employee compensation and benefits is essential before accepting a position. Compensation plays a crucial role in career satisfaction and well-being outside work, influencing your motivation and job performance. But what is commission pay, and how does it affect your salary?

Commissions 52

Commissions IT Employee Compensation Salary 52

15Five

APRIL 12, 2022

After finally being promoted to a senior role and getting a double-digit percentage salary bump, I found out how my pay compared to my team. Even though I appreciated the salary increase, I couldn’t help but wonder why the company underpaid me for so long. Instead, you can ask if the salary range meets their expectations.

Salary 98

Salary Recruitment Engineering Utilities 98

Qandle

DECEMBER 5, 2023

In any organization, efficient payroll processing is not just about paying employees accurately and on time; it’s a critical aspect of employee satisfaction and regulatory compliance. This intricate task demands precision to comply with tax regulations and ensure employees receive their rightful earnings.

Payroll 79

Payroll Net Pay Gross Pay Payroll System 79

Best Money Moves

APRIL 20, 2022

These numbers suggest that the period of record employee turnover known as the “Great Resignation” is not slowing down. . It costs six to nine months of an employee’s salary to hire and acclimate their replacement, according to data from SHRM. Here are 5 benefits to include in your employee retention strategy.

Employee Retention 122

Employee Retention PTO Healthcare Benefits Package 122

Qandle

SEPTEMBER 15, 2024

HRMS is a comprehensive system that manages various HR functions such as recruitment, employee onboarding , employee data management, performance management, and leave management. Payroll, on the other hand, is the system that handles employee compensation, including salaries, bonuses, deductions , and tax calculations.

Payroll 77

Payroll Payroll System Deductions Deductible 77

HR Lineup

APRIL 1, 2024

Shadow payroll is a mechanism used by multinational companies to manage the payroll of employees who work in a country different from their home country. It involves calculating and reporting the income tax and social security obligations of employees in both their home country and the host country where they work.

Payroll 52

Payroll Payroll System IT Taxes 52

15Five

MAY 26, 2022

Ensuring compensation fairness & equity. There’s never been more focus on fair decision-making when it comes to compensation. Fortunately, there are fantastic HR leaders out there today, driving the conversation and pushing for more equitable compensation practices. Staying competitive among changing market factors.

Benefits Package 105

Benefits Package Employee Compensation Salary Technology 105

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.

Salary 52

Salary Bonuses Commissions Benefits Package 52

15Five

OCTOBER 16, 2018

One of the most common questions we get asked as leadership team coaches is how Objectives and Key Results (OKRs) should be used to determine salary, compensation, or bonuses. It is also the methodology where a coupling of OKRs to compensation can quickly become counter-productive, if not done right. Or does it? In Work Rules!

Salary 71

Salary Bonuses Employee Compensation Professional Services 71

Qandle

JULY 21, 2023

Implementing a robust Compensation Management Software has become a critical aspect of modern HR practices, revolutionizing the way organizations manage employee rewards, bonuses, and benefits. Looking for the Best Compensation Management Software ? Check out the Compensation Management Software.

Software 74

Software Management Compensation System Bonuses 74

Hppy

SEPTEMBER 15, 2020

Along with making employee retention a priority, you must also create and follow retention strategies to help reduce turnover. Get some ideas about how you can keep your employees below. Onboarding and New Employee Orientation. When you hire someone new, pair the new employee with a workplace mentor.

Employee Retention 91

Employee Retention Retirement Plan Bonuses Employee Compensation 91

HR Bartender

APRIL 17, 2016

I’d like to think if an employee doesn’t understand their compensation, it can be resolved with education. Most organizations have a philosophy when it comes to hiring and negotiating starting salaries. Managers will want to let employees know how the process works and the eligibility requirements.

Education 81

Education Bonuses Employee Compensation Salary 81

Insperity

OCTOBER 14, 2021

Many PEOs offer several services that can be just as, if not more, beneficial to your employees and organization. Compensation services. Did you know that a PEO may offer compensation services, beyond salary surveys? Employees who have participated in on-going coaching have cited many benefits. Corporate coaching.

Professional Employer Organization 91

Professional Employer Organization Health Salary Human Resources 91

HR Lineup

APRIL 10, 2023

It plays a crucial role in recruiting, hiring, training, and managing employees. They ensure that employees understand their benefits and can take advantage of them. Compensation and Benefits HR professionals are also responsible for managing employee compensation and benefits. The post What Does HR Do All Day?

Family and Medical Leave Act 86

Family and Medical Leave Act Retirement Plan Health Insurance Human Resources 86

Insperity

FEBRUARY 11, 2021

Starting or acquiring a business is a rewarding experience, and your employees would likely agree. As an employer you shoulder a lot of responsibility, especially when it comes to employee compensation. If you’re unsure about the designation of any employee , seek the advice of a trusted HR professional.

Payroll 104

Payroll Overtime Deductions Deductible 104

HR Lineup

JANUARY 17, 2023

Lattice is a software company that offers a cloud-based employee performance management platform. The company is known for its easy-to-use and customizable software, which allows managers to set goals, track progress, and provide feedback to their employees.

Bonuses 52

Bonuses Employee Compensation Software Salary 52

HR Lineup

FEBRUARY 2, 2023

Arcoro is a leading provider of compensation solutions designed to help organizations manage their employee compensation processes efficiently. This helps organizations to make informed decisions about employee compensation, ensuring that they remain competitive and attract top talent.

Employee Compensation 52

Employee Compensation Salary Payroll Management 52

Insperity

APRIL 9, 2020

Payroll costs generally include payments for: Salary, wages and commissions Payment of cash tips or equivalent Covered leave Separation allowances Group health care benefits, including insurance premiums Retirement benefits State or local taxes assessed on employee compensation. CARES support for workers and their families.

Payroll 97

Payroll Taxes Salary Commissions 97

Best Money Moves

OCTOBER 29, 2018

Over a third of employees believe managers set pay based on feelings and opinions about the employee rather than an employee’s performance, experience or skill set. Nearly half of employees know how much their colleagues make or have discussed their salary with colleagues.

Salary 76

Salary Banking Finance Software 76

Qandle

DECEMBER 16, 2023

Payroll refers to the process by which employers calculate and distribute compensation to their employees for the work they have completed. It involves various tasks, including calculating wages, withholding taxes and other deductions, and ensuring that employees receive their net pay. Check out the Best 10 HR Software.

Payroll 84

Payroll Payroll Software Payroll System Gross Pay 84

HR Lineup

FEBRUARY 1, 2024

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 61

Bonuses Commissions Salary Overtime 61

HR Lineup

OCTOBER 21, 2024

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. Key Benefits: Comprehensive coverage of group benefits, retirement plans, and compensation.

401(k) 65

401(k) Employee Benefits Retirement Plan Health Savings Account 65

HR Lineup

MARCH 29, 2024

Employees are the backbone of any organization, driving its success and growth. However, their value goes beyond just their salaries. To truly understand the financial impact of hiring and retaining employees, organizations need to consider the comprehensive cost of employing them.

Salary 52

Salary Retirement Plan Taxes Health Insurance 52

Achievers

MAY 23, 2017

When a company loses a salaried employee, it can cost anywhere from six to nine months’ worth of the departed employee’s salary to hire a replacement. This means that if an employee is being paid $40,000 a year, the cost of everything from recruiting to training expenses will be around $20,000 to $30,000.

Pay Raise 105

Pay Raise Employee Retention Salary Banking 105

Higginbotham

JANUARY 18, 2022

Employee compensation includes a lot more than just the base salary or hourly wage. Bonuses and commissions can give annual earnings a significant boost, and various benefits can also have a major impact on your employees’ finances and wellbeing. When discussing compensation, it’s important to look at the big picture.

401(k) 52

401(k) Disability Insurance Salary Life Insurance 52