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. While many are able to attract effective workers with hefty packages, not everyone can convince employees to stay either.

Recruitment 110

Recruitment IT 401(k) Health and Welfare 110

eni

JULY 31, 2024

Embrace Employee Referral Programs: Employee referral programs can be a powerful tool for recruiting top talent. HR professionals can design and implement effective referral programs by: Clearly communicating the program’s benefits and incentives to employees.

Benefits Package 52

Benefits Package Retirement Plan Media Health Insurance 52

COMPackage

NOVEMBER 2, 2024

TCRs shed light on this by detailing all aspects of an employee’s compensation, including: Base Salary: The core component, clearly outlining the annual or hourly wage. Benefits: A breakdown of employer-provided benefits like health insurance, paid time off (PTO), retirement plans, and wellness programs.

PTO 40

PTO Retirement Plan Salary Bonuses 40

COMPackage

OCTOBER 31, 2024

Having a clear understanding of their full compensation package allows employees to: Appreciate the Value of Benefits: Many employees underestimate the financial value of benefits like health insurance and retirement plans. The ability to customize reports is crucial for catering to diverse employee groups.

Retirement Plan 40

Retirement Plan Health Insurance Benefits Package Salary 40

WEX Inc.

MAY 29, 2024

Understanding the employee lifecycle The employee lifecycle encompasses the entire journey of an individual within an organization. It includes several key stages: attraction, recruitment, onboarding, development, retention, and separation. Effective employee lifecycle support is crucial for employers.

Retirement Plan 98

Retirement Plan Taxes Health Insurance Recruitment 98

Empuls

DECEMBER 24, 2024

In today’s competitive job market, a well-structured staff benefits program is crucial for attracting and retaining top talent. Organizations prioritizing meaningful benefits show their commitment to employee well-being, fostering loyalty, and enhancing productivity. Retirement plans : Helps employees save for the future.

Retirement Plan 40

Retirement Plan Health Insurance Benefits Package Healthcare 40

Qandle

DECEMBER 11, 2023

They serve as comprehensive databases for employee information, encompassing personal details, job history, and performance records. HRIS streamline various HR functions, including recruitment, onboarding, performance management, training, benefits administration, time and attendance tracking, payroll management, and analytics.

Human Resources 105

Human Resources Payroll Software Retirement Plan 105

Bayzat

JULY 15, 2024

Discover how to foster a productive workplace that supports your employees’ health and contributes to the enduring prosperity of your company. By mandating these breaks, employees won’t feel guilty for stepping away from their desks. Dive into this blog to discover how to establish a compelling company reputation.

Employment 93

Employment Media Construction Utilities 93

Professionals Alternative

MARCH 21, 2024

[link] Unlocking the Secrets: Attracting Top Mortgage Talent with Modern Recruitment Techniques The importance of attracting top mortgage talent As the mortgage industry continues to evolve, the need for top talent has become increasingly important. In today’s digital age, candidates expect a seamless and efficient application process.

Recruitment 52

Recruitment Employee Recognition Technology Bonuses 52

Higginbotham

AUGUST 10, 2023

If you own or manage a business, you know how important it is to make the well-being of the company’s employees a top priority. In the 1950s and 60s, technology companies began to experiment with employee wellness benefits by creating fitness programs for their employees. In a 2020 survey of large U.S.

Health Insurance 52

Health Insurance Employee Wellness Insurance Benefits Package 52

Qandle

JANUARY 18, 2025

Employee turnover is a pressing challenge for organizations worldwide. Losing valuable team members not only disrupts operations but also incurs significant costs in terms of recruitment, training, and reduced productivity. In todays competitive market, retaining skilled employees has become crucial for sustained business growth.

Human Resources 52

Human Resources Software Recruitment Retirement Plan 52

Qandle

OCTOBER 5, 2023

Understanding HR Procedures: The Foundation of Organizational Success Human Resources procedures encompass a wide array of activities, including recruitment, onboarding, employee training and development, performance management, payroll processing, and compliance management. Check out the HR Software.

Management 98

Management Human Resources Software Payroll 98

Qandle

JUNE 25, 2024

Below are key reasons highlighting the critical importance of talent retention: Cost Savings High turnover rates entail considerable financial outlays for organizations, encompassing recruitment, onboarding, and training expenditures. The recruitment and training of new employees come with considerable financial and temporal investments.

Employee Retention 105

Employee Retention Software Benefits Package Salary 105

Flimp Communications

DECEMBER 19, 2019

The cost of recruiting and onboarding new employees too often can sink a business fast. The main difference between perks and benefits is that benefits take care of basic needs and usually require a formal opt-in from employees. Core benefits are defined as those given to every employee. Niche benefits matter.

Medical 84

Medical Employee Benefits Disability Insurance Benefits Package 84

Best Money Moves

DECEMBER 5, 2023

4 Top 2024 Employee Benefits 1. Financial wellness programs Financial health is one of the most important aspects of employee well-being and productivity. According to Morgan Stanley, financial stress in employees can lead to declines in productivity, weakened company culture and delayed retirement, among other risks.

Employee Benefits 98

Employee Benefits PTO Financial Counseling Work From Home 98

Insperity

SEPTEMBER 21, 2023

When you think about employee wellness, categories like physical, emotional and social probably first come to mind. But what is your organization doing to prioritize employee financial wellness? For employees, their personal financial wellness is an acute concern right now.

401(k) 105

401(k) IT Benefits Package Finance 105

Vantage Circle

JULY 9, 2024

A stable workforce can significantly reduce costs associated with recruitment, training, and productivity losses. Reduced Recruitment and Training Costs One of the most immediate financial benefits of employee retention is the reduction in recruitment and training costs.

Employee Retention 110

Employee Retention Bonuses Recruitment Salary 110

Insperity

MARCH 12, 2024

In exchange for this benefit, employees give up their right to sue their employer over their work-related injury, regardless of which party is at fault. Retirement plans Employees want to be able to save for retirement and plan for their futures. Internal Revenue Service (IRS) each year.

Family and Medical Leave Act 59

Family and Medical Leave Act Employee Benefits PTO 401(k) 59

Higginbotham

MAY 3, 2024

Weak Employee Engagement Strong employee engagement may reduce absenteeism, improve retention and boost productivity. Engaged employees may be more willing to take risks and contribute to innovation. Recruitment: Today’s job seekers have more resources than ever to learn how current employees feel about a potential employer.

Retirement Plan 52

Retirement Plan Retail Parental Leave Recruitment 52

Benefit Resource Inc.

AUGUST 2, 2023

Enhancing Employee Performance: When employees feel secure in their jobs and have access to benefits like health insurance, retirement plans, and professional development opportunities, they are more focused and motivated in their roles.

Employee Benefits 52

Employee Benefits Health and Welfare Employee Loyalty Comprehensive Benefits 52

Higginbotham

DECEMBER 21, 2023

With unemployment holding steady at well below the long-term average , competition for top talent remains intense. To continue recruiting and retaining the best people in this labor market, business owners and HR professionals must prioritize enhancing employee well-being and job satisfaction.

401(k) 52

401(k) Benefits Package Retirement Plan Flexible Spending Account 52

Professionals Alternative

SEPTEMBER 24, 2024

[link] Unlocking the Secrets: Attracting Top Mortgage Talent with Modern Recruitment Techniques The importance of attracting top mortgage talent As the mortgage industry continues to evolve, the need for top talent has become increasingly important. In today’s digital age, candidates expect a seamless and efficient application process.

Recruitment 52

Recruitment Technology Bonuses Software 52

Higginbotham

OCTOBER 5, 2023

In this article, we will explore a range of innovative employee benefits that can help companies attract and retain the best talent in their industries. The Evolution of Employee Benefits Employee benefits have come a long way since the days of basic health insurance coverage with a savings retirement plan thrown in.

Health Insurance 52

Health Insurance Employee Benefits Insurance 401(k) 52

Professionals Alternative

JANUARY 19, 2024

Additionally, a bilingual HR manager can assist employees in understanding their compensation and benefits packages, ensuring that they make informed decisions. They can provide guidance on topics such as retirement plans, healthcare options, and tax implications, helping employees navigate complex matters with ease.

Management 52

Management Family and Medical Leave Act Recruitment Payroll 52

Empuls

JUNE 21, 2024

   Perfectly structured retirement benefits can be used as a strong recruitment and retention tool to make employees stay with the employer.    Improve the employees' retirement preparedness by making them financially literate.  

401(k) 40

401(k) Retirement Plan Pension roth 401(k) 40

Professionals Alternative

JANUARY 4, 2024

Additionally, a bilingual HR manager can assist employees in understanding their compensation and benefits packages, ensuring that they make informed decisions. They can provide guidance on topics such as retirement plans, healthcare options, and tax implications, helping employees navigate complex matters with ease.

Management 52

Management Family and Medical Leave Act Payroll Human Resources 52

Qandle

FEBRUARY 12, 2024

From recruitment and training to performance evaluation and employee relations, HRM plays a pivotal role in driving organizational success. Firstly, HRM is responsible for recruitment and selection, ensuring the right talent is identified and brought into the organization.

Human Resources 52

Human Resources Management Software Recruitment 52

Insperity

DECEMBER 19, 2012

These days, employer-sponsored benefits, such as health care and retirement plans , are more than a perk — they’re an expectation. A comprehensive benefits package demonstrates that you care about your employees’ well-being both in and outside the office. So, if they’re good, tell them. Woo them with benefits.

Retirement Plan 40

Retirement Plan Benefits Package Salary Health Insurance 40

Vantage Circle

SEPTEMBER 11, 2023

Such platform consist of specific benefits administration software designed for managing and administering employee benefits programs. Benefits platforms also allow companies to centralize and automate the administration of employee benefits, such as health insurance, retirement plans, paid time off, and more.

Employee Benefits 52

Employee Benefits Payroll Retirement Plan Software 52

COMPackage

OCTOBER 16, 2024

The TCR outlines the salary, health insurance options, paid time off (PTO) policy, retirement plan contributions, and additional perks like gym memberships or professional development opportunities. Which company seems more attractive and invested in its employees?

Retirement Plan 40

Retirement Plan Salary Health Insurance PTO 40

Qandle

AUGUST 11, 2023

HRM adeptly addresses challenges such as scarcity of talent, nurturing employee engagement, and embracing diversity along with inclusivity. As an organisational ally, HRM actively contributes to decision-making, adjusts to technological advancements, and safeguards employee well-being. Some of these benefits include: 1.

Human Resources 52

Human Resources Construction Technology Recruitment 52

Vantage Circle

MAY 8, 2024

Retention As per Gartner’s study, businesses that effectively deliver on their EVP can decrease annual employee turnover by just under 70% and increase new hire commitment by nearly 30% A strong EVP serves a larger purpose than simply attracting talent. Showcase how your company adheres to delivering its value proposition.

Parental Leave 52

Parental Leave Healthcare Retirement Plan Recruitment 52

Employee Benefits

JULY 31, 2023

Value for your investment Your pension provider should offer more than the bare minimum, contributing to employee engagement, advocating financial literacy, and providing tools for smooth retirement planning. A top-class pension is a potent tool, directly influencing employee wellness, productivity, and overall job satisfaction.

Pension 52

Pension Taxes Finance Retirement Plan 52

Empuls

JANUARY 29, 2024

Meanwhile, there’s a Gallagher report predicting the state of employee retention in 2024. Flexible benefits and perks package There may be limited current data regarding the number of employees prioritizing benefits over salary, but there's clarity on what perks employees value most. in the next decade.  

Employee Retention 52

Employee Retention Retirement Plan Salary Technology 52

Higginbotham

FEBRUARY 27, 2024

Although employers have recently developed an increased focus on supporting overall employee well-being , employee assistance programs are not exactly new. Employers can also use EAPs as a recruitment tool to attract top talent. EAPs that are designed to address these issues can help workers be more productive.

Utilities 52

Utilities Consulting Retirement Plan Medical 52

Hppy

DECEMBER 25, 2023

Experts suggest a direct correlation between the adequacy of employee benefits and job satisfaction, which subsequently affects staff turnover rates. For instance, if employees feel valued through extensive health coverage or comprehensive retirement plans, they are more likely to stay with the same organization for longer periods.

Employee Benefits 45

Employee Benefits Benefits Package 401(k) Parental Leave 45

Empuls

DECEMBER 18, 2023

The current state of employee turnover and retention in the insurance sector According to a study by the Jacobson Group and Aon conducted in the third quarter of 2021, numerous professionals in the insurance industry are reconsidering their current roles and actively exploring alternative opportunities.

Employee Retention 40

Employee Retention Insurance Employee Incentives Retirement Plan 40