Business Management Daily

APRIL 29, 2024

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. Most employees expect benefits. People want more.

Out of Pocket Cost 84

Out of Pocket Cost PTO 401(k) Deductions 84

Insperity

DECEMBER 10, 2014

These days, many employers are giving a lump sum of paid-time-off (PTO) days per year to cover any type of absence. Unlimited PTO. Made popular by Virgin founder, Richard Branson , unlimited PTO lets people take off as many days as they want – no questions asked. Everyone else is on a traditional PTO program.

PTO 82

PTO Human Resources Consulting Salary 82

Vantage Circle

SEPTEMBER 23, 2023

Welcome to “Employee Benefits Guide for 2023: What Employers Need to Know.” These benefits are given to employees over their salaries and wages. In the dynamic arena of modern employment, employee benefits aren’t just perks; they are essential components of a thriving organization. Employees love benefits.

Family and Medical Leave Act 59

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

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 111

Employment 401(k) Media PTO 111

Best Money Moves

MARCH 11, 2024

In fact, according to Forbes Advisor , 40% of employers believe that workers would leave their current jobs to find employment that offers better benefits. The study from Forbes Advisor shows that 67% of employees and 68% of employers believe healthcare to be the most important benefit.

Retirement Plan 105

Retirement Plan Healthcare Healthcare Benefits Parental Leave 105

Best Money Moves

APRIL 20, 2022

The costs to employers are staggering. It costs six to nine months of an employee’s salary to hire and acclimate their replacement, according to data from SHRM. To help avoid the high costs of turnover, employers should be prepared to reevaluate their benefits packages. Mental health benefits can come in many forms.

Employee Retention 122

Employee Retention PTO Healthcare Healthcare Benefits 122

Business Management Daily

JANUARY 6, 2022

Employees put off job-hopping during the height of the pandemic, but now, as they begin to resume the effort, they are acutely aware of how much they’re worth and what they want from an employer now. Employees that feel undervalued or underpaid will not stick around long, so do your best to provide annual salary raises.

Pay Raise 98

Pay Raise PTO Salary Bonuses 98

Business Management Daily

JUNE 5, 2024

However, many businesses choose to offer paid parental leave as part of their employee benefits offerings, even though it is not required for most private employers. Employers can do this through a leave program they run or by adding short-term disability insurance to their health insurance and benefits package.

Parental Leave 52

Parental Leave Family and Medical Leave Act Disability Insurance Paid Leave 52

Achievers

OCTOBER 24, 2017

They often take fewer vacations, have worse benefits, and are passed over for promotions compared to their salaried counterparts. In a recent study conducted by Snagajob , nearly 36% of hourly workers reported that work flexibility was the most important perk but only approximately 50% of employers planned on offering job flexibility.

Bonuses 145

Bonuses Employee Recognition PTO IT 145

HR Digest

MAY 22, 2021

If you’re in the job market and get an offer with a salary that pays you $20,000 more than what you currently make, it goes without saying that you are supposed to take the money. Oftentimes a higher salary might not actually mean more money in your pocket. For example: The compensation package for Job A is salary and paid holiday.

401(k) 82

401(k) Disability Insurance Salary PTO 82

Vantage Circle

NOVEMBER 30, 2022

According to Glassdoor's 2015 Employment Confidence Survey : 60% of people report that benefits & perks are a major factor in considering whether to accept a job offer. Not just salary. Paid Time Off (PTO). Offering paid time off— or PTO— can be a great extrinsic reward for those companies.

PTO 105

PTO Profit Sharing Plan Bonuses Paid Leave 105

Business Management Daily

NOVEMBER 29, 2022

Nothing she saw about the other employer, XYZ Ltd., This led Sophia to check out Glassdoor and other online sources of information about employers. Needless to say, Sophia gained a very clear preference as to her employer of choice. What is employer branding? They want to work for a good employer.

Employment 52

Employment IT Human Resources PTO 52

HR Lineup

JULY 17, 2023

It supports various pay types, including hourly, salaried, and commission-based, and can handle complex pay structures and deductions. Fingercheck also keeps track of paid time off (PTO) and provides comprehensive reports, ensuring accurate and timely payroll processing. The post Fingercheck appeared first on HR Lineup.

Family and Medical Leave Act 52

Family and Medical Leave Act Payroll PTO Commissions 52

HR Lineup

JULY 18, 2023

It provides businesses with a centralized platform to calculate and process employee salaries, deductions, and tax withholdings. It provides businesses with tools to effectively manage employee data, including personal information, employment history, benefits enrollment, and performance records.

Payroll 52

Payroll PTO Taxes Electronics 52

Business Management Daily

APRIL 25, 2023

Excessive working hours and mistreatment from employers were the catalysts for many to leave short-staffed positions struggling to stay open. Attracting and retaining talented employees Employees have more stringent expectations than ever for employers, and there’s a ridiculous amount of competition out there.

Salary 105

Salary Benefits Package Recruitment PTO 105

HR Digest

MARCH 22, 2020

Monster recently conducted two polls to analyze and take a more in-depth look into the perspectives of both employees and employers during the present Coronavirus pandemic situation. What should Employers do? Employers should review their PTO and sick leave policies for the betterment of their employees.

PTO 83

PTO Work From Home Healthcare Medical 83

Business Management Daily

SEPTEMBER 15, 2021

Presenting a good employee benefits package often gives one employer an edge over another, especially in cases where basic salaries are relatively equal. Someone definitely could view an employee benefits package that lacks health insurance or paid sick days as a reason to not accept an offer of employment.

Benefits Package 52

Benefits Package Family and Medical Leave Act Health Insurance PTO 52

Winston Benefits

MAY 22, 2018

According to a survey by the National Association of Colleges and Employers, the top two benefits among graduates entering the workforce are more than two weeks of vacation and tuition reimbursement for advanced education. In third place: a promised annual salary increase. The company does not have a formal PTO policy.

Voluntary Benefits 45

Voluntary Benefits Health Insurance Employment Paid Leave 45

HR Digest

NOVEMBER 10, 2022

Employee benefits are defined as additional tangible and intangible compensation that is given to employees asides from their normal salary. Examples of these benefits include retirement plans (such as 401(K), ESOP, etc), reimbursement plans for travel or tuition, employee bonus , paid time off (PTO), and many more.

Employee Benefits 52

Employee Benefits 401(k) Disability Insurance Health Insurance 52

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. Generally, when compensation is being negotiated, the employee sees whatever plan the employer has historically applied to that position. Straight salary compensation. Simple, right?

Commissions 92

Commissions Overtime Salary Health Insurance 92

Abel HR

NOVEMBER 15, 2021

Despite still grappling with the lingering Covid-19 pandemic, businesses continue to experience labor shortages, which in turn is helping to drive up the salaries of even the newest entrants into the job market. These jobs were bested only by petroleum engineering, which had the highest starting salary of $87,989.

Salary 52

Salary PTO Life Insurance Commissions 52

Business Management Daily

FEBRUARY 16, 2024

While there’s no one-to-one relationship between, say, a fancy espresso machine and high productivity, employers who value worker well-being perform better than those who don’t. Workplace perks show people they matter to their employer while also providing them with something of value. Flexible schedules and PTO are also critical.

Food 87

Food Retirement Plan 401(k) Bonuses 87

Business Management Daily

JULY 27, 2021

Employment laws vary by state, and even sometimes by city or county. Some employment laws and regulations vary based on the size of your company. For example, FMLA covers employers with 50 or more employees within 75 miles, so you’ll need to know how many employees you have at each location. At-will employment disclaimer.

Family and Medical Leave Act 98

Family and Medical Leave Act PTO Overtime Medical 98

Business Management Daily

JANUARY 12, 2022

Under the basic FLSA rule for exempts , you must pay them their guaranteed weekly salary in any week they do any work. PTO banks, however, change this landscape considerably. If you don’t allow exempts to borrow time and they work during the week, you’ll be on the hook for their guaranteed weekly salary. Take our advice, please.

Overtime 52

Overtime Work From Home Banking PTO 52

Genesis HR Solutions

MAY 23, 2023

In an attempt to counteract the bleeding of workers, employers are getting creative with how they attract applicants and hopeful new hires. Pay transparency is a big piece of this hiring trend, and includes listing salary ranges and additional information in job postings to share as much detail as possible. Employer branding.

Insurance 40

Insurance PTO Flexible Spending Human Resources 40

Business Management Daily

MAY 30, 2022

Properly classify employment status. This is an evolving area of employment law and payroll compliance as many states have passed legislation to restrict who may be classified and paid as an independent contractor. Making classification errors can result in employers owing backpay or fines. Verify employment eligibility.

Payroll 52

Payroll PTO Overtime Taxes 52

Insperity

SEPTEMBER 18, 2018

Before you, the employer, can communicate your expectations , you’ll need to know the answers to some important questions – especially when it comes to employee pay during inclement weather: What’s considered inclement weather for your organization? Managing attendance during natural disasters. And here’s an entirely different scenario.

PTO 52

PTO Deductions Deductible Payroll 52

Business Management Daily

SEPTEMBER 3, 2021

The pandemic has given employers a lot to think about. employers plan to require employees to work on-site once covid-19-related restrictions completely lift, according to a new survey by the Robert Half staffing firm. The added complexity of a remote workforce has more employers moving to HRIS systems. Now is the time.

Payroll 90

Payroll Work From Home PTO Software 90

Empuls

APRIL 28, 2023

According to a recent study by HBR , 80% of employees say that benefits are a significant factor in deciding whether to accept a job offer, and 60% of employees report that benefits are a major reason for staying with their current employer. Attracting and retaining top talent is more important than ever. What are employee benefits?

Family and Medical Leave Act 40

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

Insperity

DECEMBER 20, 2018

The Family and Medical Leave Act, passed by Congress in 1993, entitles eligible employees of covered employers to take unpaid, job-protected leave for specific family and medical reasons for up to 12 weeks. So, let’s say an employee becomes pregnant after working for an employer for only two months. Intermittent leave.

Family and Medical Leave Act 69

Family and Medical Leave Act PTO Medical Health Insurance 69

Business Management Daily

OCTOBER 22, 2019

One of our most trusted advisors on all things employment law, Nancy Delogu, answers readers questions about when (and if) it’s safe to shred I-9 forms, salaried versus hourly paid leave and discussing medial information of a non-employee. One is salaried and the other is hourly. Q: “We are switching to an HRIS system.

Family and Medical Leave Act 40

Family and Medical Leave Act Overtime Salary Hospitality 40

Hppy

OCTOBER 24, 2023

Financial Education and Resources Research indicates that offering financial education and resources in the workplace can yield significant benefits for both employers and employees. According to a 2022 survey by the Society for Human Resource Management, only 21% of employers currently offer non-retirement financial benefits.

401(k) 36

401(k) Human Resources Financial Counseling Education 36

BerniePortal

FEBRUARY 24, 2020

There is, however, one form of employee leave that employers do not get to choose whether to offer or not. The Family and Medical Leave Act of 1993 mandated that covered employers are required to provide eligible employees with up to 12 weeks of unpaid leave per year, during which time their job remains protected. Bereavement Leave.

Family and Medical Leave Act 52

Family and Medical Leave Act PTO Medical Commissions 52

Insperity

FEBRUARY 4, 2020

Consider these results of a 2017 CareerBuilder survey : The average cost of one bad hire is nearly $15,000, factoring in the recruiting, interviewing and selection process; training; and salary. Half of these workers quit within six months, causing their employers to start all over again with filling the position.

IT 96

IT Recruitment PTO Transportation 96

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. the list goes on.  But in today's job market, employees are looking for more than just a paycheck.

Employee Benefits 40

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

Business Management Daily

OCTOBER 25, 2021

Employers may think coming up with a unique job title will help their company stand out from the crowd. Thus, employers should present the job title, where the position is based, and its type (full-time, part-time, permanent, temporary, contract) clearly from the get-go. What is different about you and your employer brand?

PTO 104

PTO Construction Bonuses Salary 104

Business Management Daily

JUNE 30, 2021

Updating the handbook annually will remind the leadership team to review new employment laws that may apply to your business and staff. At-will employment disclaimer. If your business is in a state that allows at-will employment, which almost all of them do to at least some extent, you’ll want to include a section on this.

Family and Medical Leave Act 89

Family and Medical Leave Act Overtime PTO Medical 89