Remove 2016 Remove Benefits Remove Compensation Remove Workflows
article thumbnail

Experts Discuss the Importance of Purpose-Driven Work for Millennials

Zenefits

They surpassed Generation X as the largest in the labor force by a million in 2016. There are benefits of having a purpose extend to businesses as well. Still, Millennials are less concerned about compensation. Companies could persuade them with high compensation and excellent benefits, just as anyone else.

article thumbnail

15 Best HCM Software in 2024 (Based on Four Research Parameters)

Vantage Circle

Payroll Management : Automated payroll processing to ensure accurate and timely compensation. Compensation and Benefits: Compensation Planning : Helps design and manage salary structures, bonuses, and other forms of compensation.

article thumbnail

HR Headaches: My Employees Are Talking About Unionizing — Should I Encourage This?

Zenefits

Inadequate pay and benefits. According to the report, employees typically equate union membership with better wages and benefits, but in reality, unionization can but doesn’t always guarantee workers higher compensation. In 2016, the NLRB overturned a 2000 ruling that restricted unionization for temporary workers.