article thumbnail

Safe harbor 401(k) vs. traditional 401(k): What’s the difference?

Genesis HR Solutions

If you’re a small business owner interested in starting a 401(k) plan for your employees, you already understand how they will benefit, but you should also understand how the plan will affect you. Sometimes, the traditional 401(k) plan doesn’t end up providing you the full benefit you’d hoped for.

401(k) 105
article thumbnail

Best HR Software Providers: Standard-setters in performance tracking to 401(K) management

HR Digest

Human Resources Management Systems (HRMS) these days manage a wide variety of tasks ranging from assessment to learning and strategy planning to payroll management. But it’s not so easy to find the perfect fit for your organization when there are 80 million sites that have something to say about ‘Human Resources Information Systems.’

401(k) 71
Insiders

Sign Up for our Newsletter

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

article thumbnail

The Essential Role of Human Resources Management in Healthcare

Empuls

However, behind these frontline heroes is a diligent team that helps healthcare institutions run like a well-oiled machine – the Human Resources (HR) department. By fostering healthy, open relationships, human resources can learn a lot about the morale of the staff and how the work culture is being received.

article thumbnail

Human resources tech trends to watch in 2021

Business Management Daily

Human Resources technology has changed dramatically in recent years. What Human Resource Information Systems support the new work world? Human Resource Information Systems (HRIS) can help manage employee information such as salaries, performance appraisals , reporting structures, and personal information.

article thumbnail

Outsourcing Human Resource Functions: Pros & Cons

Genesis HR Solutions

Outsourcing Human Resources Functions: Pros & Cons. Comprehensive means there are a variety of products being offered—health, vision, disability, dental, EAP, 401(k)—a holistic list of benefits your company can offer. A logical, financially sound investment. Perceived loss of control over your business.

article thumbnail

HUMAN RESOURCE INFORMATION SYSTEMS (HRIS)

HR Management Activities

HUMAN RESOURCE INFORMATION SYSTEM (HRIS)= An integrated system designed to provide information used in HR decision making. A human resource information system (HRIS) is an integrated system designed to provide information used in HR decision making. Uses of a Human Resource Information System (HRIS) 3.ESTABLISHING

article thumbnail

How to Lead and Engage a Multigenerational Workforce

15Five

Dubois , Chief Human Resources Officer at Graham Windham , and I’ve worked with multigenerational workforces for my entire 17-year career. Think of the venerable 401(k) match, for instance. To reduce turnover and hold on to your top performers, you need to account for generational differences. I’m Nicole M.

401(k) 78