Remove Accounts Remove Benchmarking Remove Compensation Remove Government
article thumbnail

Why is Compensation Planning a Critical HR Process?

Zenefits

With such a large expense account for employee compensation , a solid compensation strategy is a no-brainer. Proper compensation planning is essential to ensuring you are rewarding the right people for the right input. What are vital considerations in compensation planning? Assists you in hiring top talent.

article thumbnail

Pay Transparency: Experts Weigh in on What HR Can Do

AIHR

Secrecy around compensation can be a major source of frustration for employees that directly impacts wellbeing and productivity,” says Virgile Raingeard , CEO of Figures, a compensation app for startups and scaleups. “We To maintain this trust, regular benchmarking activities are conducted in a structured, data-driven way.

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

What You Need to Know About Providing Healthcare Benefits in 2022

Zenefits

Adjust for changes in government programs. Companies also need to be aware that several government programs have expired. If you self-insure, you will still be accountable for complying. For example, highly compensated workers may pay a larger portion of the cost of premiums. No account yet? Remember Me.

article thumbnail

What Is Compensation Management and What’s HR’s Role in it?

AIHR

Is your compensation management approach helping or hurting your organization in the talent war? In a recent LinkedIn Talent Solutions report , compensation was ranked as the #1 top priority for candidates worldwide. In this article, we’ll explore the ins and outs of compensation management and why it matters.

article thumbnail

What You Need to Know about 401(k) Plans and Cryptocurrency

Zenefits

When looking to differentiate their compensation packages and attract top talent, many HR managers and business owners are asking themselves a question that would have been laughed at 5 years ago: Should your 401(k) plan offer cryptocurrency investments? Buyers can get “safe” government bonds for 1 or 2%. No account yet?

Assets 52
article thumbnail

Affordable Care Act Requirements for 2022-2023

Zenefits

on wages or compensation for high earners. Clinical evidence should govern health coverage limitations. Online brokers can no longer give qualified health plan advertisements and preferred website placements in exchange for compensation. Benefits Benchmarks Report. No account yet? No more preferred advertising.

article thumbnail

Human Capital Management (HCM) Software For Enterprises In 2022 & Beyond

Walk Me

Software managers can add and monitor specific goals and record the employee’s benchmarks to show their progress. Talent management systems contained within HCM software exist to support companies in managing leadership development, performance, and compensation management. Compensation management. Talent management. Compliance.