HR Digest

AUGUST 3, 2023

According to a salary budget survey conducted by Payscale, more than three-fourths of U.S. companies were planning to increase salaries the same as or more than the previous year. The survey also revealed that 22% of companies intended to cut the amount dedicated to salary increases in 2024, a significant jump from the previous year.

Paid Leave 98

Paid Leave Salary Benefits Package Human Resources 98

Employee Benefits

OCTOBER 25, 2023

Employees react better to communications that they consider relevant to their personal circumstances, so employers should used targeted guidance and support about benefits available. A good benefits package is the most important thing that 42% of employees look for in employment, according to June 2023 research by benefits provider Zest.

Voluntary Benefits 111

Voluntary Benefits Benefits Package Benefit Providers Electronics 111

Employee Benefits

JANUARY 30, 2023

As organisations look to build a package that positions them as an employer of choice in a competitive recruitment masrker, as well as supporting employees in key areas of their lives, it can be easy to end up with a bulging benefits package. Education is also key.” Should employers cut back on benefits?

Employment 111

Employment Benefits Package Education Salary 111

Employee Benefits

MARCH 11, 2024

The Early Education and Childcare Coalition and the University of Leeds’ November 2023 study Retention and return: delivering the expansion of early years entitlement in England revealed that 35% of nursery managers said they would limit the number of places they offered unless there was more government support to retain and recruit staff.

Employment 112

Employment Parental Leave Education Recruitment 112

Employee Benefits

JANUARY 16, 2023

Professional services firm Moore Kingston Smith looks to balance salary, recognition and benefits equally as part of its holistic approach to its people and their reward. We know from regular listening that our people value the wider benefits we offer as much as they do our competitive pay and benefits package.”.

IT 105

IT Salary Health Benefits Package 105

Professionals Alternative

JUNE 8, 2023

Consider offering in-house training or educational opportunities for candidates with potential. Educate candidates on the benefits of networking and provide resources on how to build and maintain professional relationships. Provide resources or guidance on industry salary standards to help candidates set realistic expectations.

Salary 94

Salary Media Recruitment Benefits Package 94

Insperity

JUNE 8, 2023

How do you know the competitive salary range for each position at your company? Compensation benchmarking is the process by which compensation professionals on your human resources (HR) team analyze salary data in the marketplace for each specific job at your company. The answer: Compensation benchmarking.

Salary 95

Salary Benefits Package Education Human Resources 95

Employee Benefits

AUGUST 14, 2023

Provided by Glasgow Credit Union, its Employer Partner scheme offers staff at both organisations access to competitively priced loans, savings and mortgage products via salary deductions at no additional cost. Joining Glasgow Credit Union’s Employer Partner scheme, for no cost, was an obvious choice to enhance our existing benefits package.

Benefits Package 52

Benefits Package Deductions Deductible Salary 52

Professionals Alternative

DECEMBER 22, 2023

Creating Competitive Benefits Packages to Attract Top Talent In a competitive market, attracting top executive talent requires more than just offering an attractive salary. Executives are looking for companies that offer a comprehensive benefits package that aligns with their personal and professional goals.

Benefits Package 52

Benefits Package IT Health Recruitment 52

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.

Benefits Package 52

Benefits Package Retirement Plan Salary Health Insurance 52

Insperity

SEPTEMBER 21, 2023

59% of employees feel their salary has not maintained pace with the rising cost of living. You also don’t want to have to continually replace people who leave for a better salary – it’s costly and time consuming to recruit and train new employees. But increased salaries may not always be feasible.

401(k) 100

401(k) IT Benefits Package Finance 100

Employee Benefits

MARCH 7, 2022

Back-up care and nursery provider Bright Horizons UK has announced that it will invest more than £10 million in its early years practitioners’ salaries and benefits next month in order to recognise differences in the cost of living across the UK. This means all employees will be on or above the NMW, which is set to go up to £9.50

Benefits Package 105

Benefits Package Salary Education Employee Benefits 105

Empuls

APRIL 22, 2024

  But where exactly does each chunk of your hard-earned salary end up?    Beyond the paycheck: how employee benefit makes them happier  A competitive salary is essential to attract and retain top talent. This highlights the importance of a strong benefit package in retaining valuable talent.

Employee Benefits 40

Employee Benefits Family and Medical Leave Act Benefits Package Health Insurance 40

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.

Bonuses 60

Bonuses Commissions Salary Overtime 60

Employee Benefits

APRIL 19, 2023

Then, as personalisation and flexibility became more the norm, allowing employees to tailor pick and choose their own perks from a broader set, sign up for salary sacrifice schemes, trade holiday days for cash, and more, the simple information hub had to evolve even further. Who are the main players?

Technology 105

Technology Benefits Package Taxes Salary 105

Higginbotham

NOVEMBER 2, 2023

Developing an Employee Financial Wellness Program Employees typically look for competitive compensation, but a good salary alone isn’t necessarily enough to ease financial difficulties. Financial wellness benefits can help employees tackle their money challenges. According to the Education Data Initiative, 43.6

401(k) 52

401(k) Disability Insurance Benefits Package Insurance 52

WEX Inc.

MAY 10, 2023

But employees remain top of mind for employers, with 55% of businesses saying they will not reduce salaries if there is a recession, and 47% saying they will not reduce benefits. That’s because benefits are critical for attracting and retaining talent. The impact cutting a benefits budget would have Why do you come into work?

Taxes 52

Taxes Education Benefits Package Salary 52

Employee Benefits

MARCH 21, 2023

The last few years have caused many to reflect on how we spend our time, leading to employers having to re-evaluate their employee benefits package. David McCormack, CEO , HIVE360 , explains it’s important to first understand what benefits and support employees value the most.

Outsourcing Payroll 90

Outsourcing Payroll Pension Benefits Package Payroll 90

Business Management Daily

APRIL 25, 2024

Other non-taxable benefits can include: Achievement awards Adoption assistance Child/dependent care and assistance Tuition reimbursement or education assistance Employee stock options Health Savings Accounts (HSAs) Retirement planning services Meals Another non-taxable category is known as de minimis (minimal) benefits.

Taxes 52

Taxes Retirement Plan Employee Stock Option Bonuses 52

HR Digest

FEBRUARY 10, 2020

This organization provides industry standards tuition assistance for the employees in addition to excellent benefits and good salaries. The benefits package from this company is excellent in addition to the industry standard tuition assistance. ratings it received from the employees who have benefitted from it.

Benefits Package 94

Benefits Package Healthcare Pension Benefit Providers 94

Vantage Circle

SEPTEMBER 23, 2023

Highlights Meaning of employee benefits Imoprtance of employee benefits Types of employee benefits Legally mandatory benefits Popular employee benefits Creative and budget-friendly benefit ideas What Are Employee Benefits? These benefits are given to employees over their salaries and wages.

Family and Medical Leave Act 59

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

Best Money Moves

NOVEMBER 3, 2021

Here are 4 of the top employee benefits trends to keep in mind for 2022. Having a benefits package that is the same for every employee often leads to workers not fully understanding what they’ve enrolled in. Employers are trying to combat this in 2022 by shifting to personalized benefits. Additional personalization.

Benefits Package 104

Benefits Package Work From Home Finance Healthcare Benefits 104

Insperity

JANUARY 27, 2022

Some states may also tax fringe benefits, so be sure to check with your state tax authority before designing a fringe benefits package. Examples of taxable fringe benefits include: Non-business use of company cars Cash (bonus pay) Gym memberships Paid personal time off. 31 of the year after you give them to the employee.

Employment 92

Employment Taxes Health Savings Account Benefits Package 92

Business Management Daily

APRIL 25, 2023

Development opportunities, competitive compensation, and attractive benefits packages are also perks the best talent actively looks for. According to a poll from Skynova , 7 in 10 respondents felt that salary is the most important aspect of a job posting, followed by information about the benefits package.

Salary 105

Salary Benefits Package Recruitment PTO 105

HR Lineup

SEPTEMBER 23, 2021

One of the ways to achieve employee satisfaction is by designing an effective compensation plan that provides fair salaries and other pay programs like bonuses, commissions, equity, and more. ADP offers benefits advisory services to help management make the best decisions about what benefits package to offer employees.

Software 75

Software Management Human Resources Compensation System 75

Hppy

DECEMBER 25, 2023

Yet when they feel engaged at work due to great benefits programs, they are much less likely to seek a job with different companies in the next 12 months. As you can see, retaining key players in your team means more than just paying competitive salaries. Other perks are pivotal in this context.

Employee Benefits 45

Employee Benefits Benefits Package 401(k) Parental Leave 45

Higginbotham

AUGUST 12, 2022

According to Gallup, replacing a worker can cost one-and-a-half to two times the worker’s annual salary. According to Gallup, pay and wellbeing are the top two issues, with 64 percent of workers saying they want a significant increase in income or benefits and 61 percent saying they want greater work-life balance and personal wellbeing.

Benefits Package 52

Benefits Package Voluntary Benefits Employee Retention Pay Raise 52

Higginbotham

DECEMBER 30, 2021

Companies depend on their compensation and benefits package to attract talent. On the other hand, if you offer benefits that no one really wants or cares about, you’re wasting money. You need to get it just right, and a compensation and benefits review can help. Employee Benefit Needs Have Changed.

Benefits Package 52

Benefits Package Disability Insurance Insurance Parental Leave 52

Empuls

APRIL 28, 2023

Employee benefits are a crucial part of any organization's overall compensation package. While salary and wages are important, they are only one part of the equation when it comes to attracting and retaining talented employees. What are employee benefits?

Family and Medical Leave Act 40

Family and Medical Leave Act Employee Benefits Parental Leave Benefits Package 40

Empuls

APRIL 25, 2024

Here are some of the most common reasons:  Compensation and benefits: Employees want to feel their hard work is valued.    Uncompetitive salaries, a lack of benefits, or benefits that don't meet their needs can lead them to seek opportunities elsewhere.

Employee Retention 40

Employee Retention Benefits Package Salary Parental Leave 40

Business Management Daily

APRIL 29, 2024

Most employees expect benefits. A good regular salary may have been enough years ago, back when government subsidies managed things like healthcare and retirement, but those programs have become less and less effective. Fringe benefits are how employers make up the gap. People want more.

Out of Pocket Cost 75

Out of Pocket Cost PTO 401(k) Deductions 75

Insperity

OCTOBER 17, 2023

This goes beyond a candidate checking all the boxes for education, experience and technical capabilities. Hiring practices If you want to have talented, productive employees who remain with your workplace for the long term, it’s incredibly important that you hire the right people for the right job in the first place.

Employee Retention 102

Employee Retention 401(k) Benefits Package Construction 102

cipHR

JULY 30, 2020

If we pay our people their agreed wage, salary or bonus, on time, and accurately, isn’t that enough? With money worries known to be a stressor and contributor to poor mental health, how much of that impact could be mitigated by greater financial support and education? Salary sacrifice schemes . Salary sacrifice schemes .

Pension 59

Pension Salary Health Insurance Education 59

Employee Benefits

MARCH 11, 2022

Providing this is already in place, employee benefits should add that extra support which could save employees hundreds or even thousands over the course of a year, utilising things like salary sacrifice for example. The value of an effective employee benefits package.

Employee Benefits 52

Employee Benefits Finance Transportation Food 52

PeopleStrategy

OCTOBER 8, 2019

A TechnologyAdvice survey showed 56% of employees considered benefits “moderately” or “very” important , and the same amount said they’d take the perks instead of extra salary. Organizations need to make sure they’re offering a competitive benefits package that fits their employees’ needs without leading the company to bankruptcy.

Benefits Package 53

Benefits Package Consulting Commissions Health Insurance 53

Empuls

MAY 7, 2023

They provide a range of benefits and perks to employees beyond their regular wages, including health and wellness benefits, retirement benefits, time-off benefits, employee perks and discounts, and educational assistance. What are employee benefits?

Employee Benefits 40

Employee Benefits Parental Leave Health Insurance Benefit Providers 40

Bayzat

FEBRUARY 15, 2024

Payroll Management View payslips, salary breakdown, and tax information securely. Update bank details and request salary advances if applicable. Benefits Enrollment Choose and manage health insurance, pension plans, and other benefits electronically.

Electronics 52

Electronics Overtime Payroll Taxes 52