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7 Worst Employee Benefits

Zenefits

We know what employees want, generally, when it comes to benefits. Better health insurance coverage, generous paid time off and vacation days, retirement benefits, and professional development opportunities all rank highly regarding job satisfaction and retention. But what benefits do employees hate ? Entertainment perks.

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How to Evaluate Your Compensation Plan

Zenefits

In today’s tight labor market, you must offer competitive wages and benefits. Whether you are recruiting new employees or focusing on employee retention , a solid compensation plan is key to finding and keeping top-quality employees. Wages rose more than 10% from May 2021 to May 2022. Simplify benefits administration.

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Best Questions to Put in Your Employee Benefits Satisfaction Survey for 2022

Zenefits

Specifically, the labor shortages that caused hiring and retention challenges in 2021 will likely continue through 2022. This means employees will have more bargaining power in 2022, including when it comes to negotiating better benefits. The importance of employee benefits satisfaction surveys. Areas of improvement.

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Top 20 Employee Recognition Tools in 2021

Vantage Circle

Best Employee Recognition Tools in 2021. Benchmarking. It helps companies reinforce their core values and, at the same time, drive employee engagement and retention. Benchmarking. The platform comes with a wide range of perks and benefits. Motivosity. Reward Gateway. People Value. Terry Berry. Customization.

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Are Your Employees Eligible for Student Loan Debt Forgiveness?

Zenefits

Since 2021, there has been an 11% spike in worker financial stress. More financial service benefit options for employees. To make things easier and build trust, you can offer different financial service benefits for your employees. But what are these financial benefits? But what are these financial benefits?

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What Is the Average Number of Sick Days in the U.S.?

Zenefits

If you don’t offer enough sick days, it can hurt your attraction and retention rates. According to the BLS , in March 2021, 79% of U.S. Per the BLS , 77% of private sector workers had access to paid sick leave in March 2021. According to SHRM’s 2022 Employee Benefits Survey : 96% of employers offered paid sick leave.

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Why Employers Are Recognizing the Mental Health of Workers’ Children

Zenefits

Employee benefits often extend to a worker’s family — including children. And these family-oriented benefits are needed more than ever. Employers can boost retention and morale by investing in mental health resources for workers’ children. 8 child-centered employee benefits companies can offer. Increased team size.