Remove Accounts Remove Administration Remove Benefits Remove Retention
article thumbnail

Benefits Administration Outsourcing: Might It Be Right for You?

Zenefits

Employee benefits are a major cost for employers, recently accounting for 29.5% It’s crucial that these benefits be administered correctly. If a company doesn’t correctly navigate the maze of regulations surrounding benefits administration , it could face steep penalties and fines.

article thumbnail

Benefits Coordinator Job Description: Salary and Job Responsibilities (with Examples)

AIHR

In today’s fast-paced and competitive business environment, a skilled Benefits Coordinator is vital for employee wellbeing and satisfaction. According to a Qualtrics report, employees who are satisfied with their salaries and benefits are 13% more likely to continue working for their current employer for 3+ years.

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

How to Handle Age Discrimination in Hiring and Retention

Zenefits

To do so, they will need to ensure that they have blind hiring practices and provide older adult employees with retention incentives. This employment law protects older adult workers from discrimination in the hiring, retention, and termination processes. Age discrimination and retention. 6 tips for an ageism-free workplace.

Retention 101
article thumbnail

Lifestyle Spending Accounts: Everything You Need to Know

Zenefits

With the Great Resignation still afoot, employers are prioritizing talent attraction and retention. Competitive benefits have proven highly effective to both of these objectives. It’s important to note that “competitive” doesn’t mean just offering core benefits, such as health insurance, 401(k) plans, and paid time off.

article thumbnail

Claiming an Employee Retention Credit in 2022

Zenefits

You can still claim an employee retention credit (ERC) if you own a small business and had to partially or fully close because of COVID-19. Is it too late for me to claim the employee retention credit? . Am I eligible for the employee retention credit? What wages qualify for the employee retention credit? .

article thumbnail

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.

article thumbnail

Can Employee Resource Groups Bolster Productivity and Retention?

Zenefits

Business leaders can help employees build relationships and seek support from their peers, while at the same time, boosting productivity and retention among staff. Employers who promote ERGs in their organization see many benefits. Let staff members know they can benefit from the advice, support, and counsel of their colleagues.