AIHR

AUGUST 22, 2023

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.

Benefits 87

Benefits Insurance Human Resources Administration 87

Zenefits

JUNE 7, 2022

Inflation is not only fueling price increases; it’s also requiring employers to pay more in penalties for not complying with benefits laws under the Employee Retirement and Income Security Act of 1974 (ERISA). History of benefits compliance. Employers have been offering employee benefits since the late 1800s. Retirement.

Benefits 98

Benefits Compliance Insurance Administration 98

Vantage Circle

SEPTEMBER 23, 2023

In 2023, employee benefits are important for businesses. Welcome to “Employee Benefits Guide for 2023: What Employers Need to Know.” ” In the next pages, we will explore the changing world of employee benefits. Employee benefits are the indirect and non-cash compensation paid to an employee.

Benefits 59

Benefits Insurance Compliance Compensation 59

Zenefits

JUNE 13, 2022

When it comes to benefits, healthcare is at frequently the top of the list. Forty percent of employees surveyed chose healthcare benefits over competitive salaries, retirement plans, or bonuses. In a competitive job market, health benefits are more important than ever. Adjust for changes in government programs.

Benefits 52

Benefits Insurance Small Business Benchmarking 52

Zenefits

DECEMBER 1, 2022

Pay disclosure mandates will likely gain traction in more jurisdictions, which means employers must be ready to change their compensation policies and even their recruitment practices, if necessary. But pay gaps by some accounts are widening. More government intervention. Simplify benefits administration.

Compliance 95

Compliance Compensation Benefits Government 95

AIHR

JANUARY 31, 2024

Beyond oversight and investor responsibility, HR teams can contribute and enable ESG practices in a way that benefits individuals, organizations, and communities. Governance Governance refers to how the company is managed. Environmental Environmental refers to the impact organizations have on the environment.

Government 87

Government Operations Compensation Manager 87

Zenefits

MAY 25, 2023

Wages, salaries, and employee benefits change often, as indicated by monthly Bureau of Labor Statistics reports.¹ A payroll adjustment reflects any changes to employee compensation, as well as corrections to oversights resulting from tech or human error. All increases in an employee’s regular pay must be accounted for.

Compliance 52

Compliance Compensation Government Benefits 52

AIHR

JULY 13, 2022

Employees know their place in the chain of command – who’s accountable to them, who they report to, and what the rules are. Usually, companies in high-risk industries, like oil and gas, healthcare, and government institutions, benefit from this type of corporate culture. Fine-tune your compensation strategy.

Banking 127

Banking Compensation Government Manager 127

Zenefits

JUNE 12, 2023

They are staffed by professionals specializing in human resources, taxes, compliance law, and accounting. Many PEOs employ certified employee benefits specialists and certified payroll professionals. Provide benefit packages for employees, including benefits such as health insurance and retirement plans.

Administration 52

Administration Insurance Compliance Human Resources 52

Zenefits

MAY 22, 2023

Employees are most often paid via direct deposit into a bank account or with a physical check. What benefits are offered and how are they taxed? Employers may offer benefits like health insurance , which are taxed accordingly when they process payroll. What about benefits like workers’ compensation and other health plans?

Insurance 52

Insurance Compensation Banking Small Business 52

Zenefits

MARCH 9, 2023

Companies that accommodate their employees with robust leave options typically benefit from happier, healthier workers who more efficiently manage their work-life balance. Compensation conversations that address employee leave policies during the interview process can instill confidence in job candidates seeking a healthy work-life balance.

Compensation 52

Compensation Benefits Travel Government 52

AIHR

NOVEMBER 22, 2022

Contents Why HR should prepare for pay transparency The benefits of pay transparency The pitfalls of pay transparency How HR can help prepare the organization for pay transparency. As an HR professional, you are uniquely placed to help your leadership team understand the importance and benefits of pay transparency.

Compensation 98

Compensation Benchmarking Benefits Implementation 98

AIHR

FEBRUARY 1, 2024

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.

Compensation 94

Compensation Manager Benefits Compliance 94

Zenefits

DECEMBER 27, 2022

In this article, we address payroll challenges relating to: Payroll tax rates and employee benefits limits. Compensating diverse and distributed workforces. Payroll tax rates and employee benefits limits. Health savings accounts. Health flexible spending accounts. Transit and parking benefits. 401(k) plans.

Software 52

Software Compliance Staffing Benefits 52

Chief Executive

OCTOBER 24, 2022

Formerly head of Central Pharmacy Services and a long-time executive in the pharmaceutical benefit-management industry, Morris co-founded the Atlanta-based outfit in 2004 with president and CEO Fred Burke, and executive vice president of sales and operations Kendall Forbes. They’re not getting a lot of price increases even now.”.

Balance Sheet 98

Balance Sheet Sales Sales Operations 98

Zenefits

JULY 6, 2022

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%. Custody concerns.

Assets 52

Assets Benefits Administration Compliance 52

Zenefits

MAY 22, 2023

It goes a step further, highlighting all week the importance of relationships between employees, payroll professionals , and the various government agencies and programs supported by the payroll industry’s collections of tax withholdings. Pay and benefits transparency is becoming a popular topic on all organizational levels.

Benefits 52

Benefits Education Government Compensation 52

Zenefits

JULY 13, 2022

Payroll reporting is a mandatory business requirement and a core activity for accounting and HR teams. Payroll reports are documents containing essential employee, team, and department information and are used to verify tax and accounting details. Simplify benefits administration. Simplify benefits administration.

Compliance 52

Compliance Government Accounts Banking 52

Zenefits

AUGUST 15, 2022

The government wants to make sure that everyone — not just highly-compensated employees — gets to participate in a meaningful way. The IRS has set up a series of what it calls “nondiscrimination” tests that are designed to measure whether a 401(k) plan unduly favors highly compensated employees. No account yet?

Compensation 59

Compensation Small Business Accounts Government 59

Zenefits

MAY 2, 2023

A keen understanding of workplace benefits can help both employers and employees. A 2022 report by the Kaiser Family Foundation found that 43% of women surveyed said their employers offer a paid parental leave benefit.¹ Whether or not it’s paid, the benefit still has value. But what is parental leave , exactly?

Benefits 52

Benefits Human Resources Education Government 52

Zenefits

JUNE 18, 2022

” By relying on the independent contractor model, network companies create barriers for app-based workers — such as no minimum wage, unemployment benefits, or workers’ compensation protections. Black and Latinx workers account for nearly 42% of app-based workers but less than 29% of the overall labor force.

Compensation 52

Compensation Compliance Administration Insurance 52

Zenefits

JUNE 1, 2022

Cost of living: a government-based metric using economic factors that look at how people spend money to live their day-to-day lives. These calculations are going to result in a significant government expense. Active government employees may receive COLAs as well. After all, shouldn’t they be the same thing? labor costs.

Government 52

Government Administration Metrics Onboarding 52

Zenefits

JUNE 28, 2022

Health insurance is one of the most critical decisions an employer or employee can make — but 56% of employees spend less than 30 minutes evaluating benefits. Essential health benefits should not have a dollar limit. on wages or compensation for high earners. Clinical evidence should govern health coverage limitations.

Compliance 59

Compliance Insurance Benefits Advertising 59

Zenefits

DECEMBER 12, 2022

Employers deciding whether to compensate their interns can view the guidelines here. . Independent contractor classification is governed by both state and federal law and should be carefully evaluated before classifying a worker. Taxes and any eligible benefits are typically handled by that third party. No account yet?

Benefits 52

Benefits Government Compensation Accounts 52

Zenefits

JANUARY 25, 2023

The judge rejected Amazon’s argument that the expenditures were the result of stay-at-home orders issued by the government rather than a decision by Amazon. Some employers are adopting reimbursement policies as a worker benefit. Bookmark( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet?

Engineering 97

Engineering Government Software Human Resources 97

Zenefits

JANUARY 6, 2023

Benefits of workforce management. They risk the administering government agency penalizing them for noncompliance if they don’t. Other WFM Benefits. The remaining portion includes: Benefits administration. Compensation planning. WFM tools can help with the following (and more): Benefits. Labor Cost Control.

Manager 59

Manager Human Resources Staffing Performance Management 59

Vantage Circle

MAY 29, 2023

To become certified as a B Corp, a company must meet the highest standards of verified social and environmental performance, public transparency, and legal accountability and aspire to use the power of markets to solve social and environmental problems. -B Over 4500 companies globally have become certified B Corps as of February 2022. (To

Inclusion 89

Inclusion Energy Diversity Metrics 89

Zenefits

NOVEMBER 25, 2022

Moreover, wage and hour laws govern the classification of “employees” to determine whether an employment relationship exists. Whether a worker is legally entitled to wages or benefits hinges on this determination. Some local jurisdictions have wage and hour laws, which regulate the payment of wages and benefits (e.g.,

Administration 52

Administration Benefits Government Onboarding 52

AIHR

DECEMBER 15, 2023

” Affinity groups benefits and drawbacks If affinity groups operate with little direction from HR and independently of companies, how can they benefit the workforce? “Affinity groups offer a few benefits that wouldn’t be possible for individuals,” says Elam. But with benefits come drawbacks.

Inclusion 52

Inclusion Diversity Retention Benefits 52

Vantage Circle

SEPTEMBER 16, 2021

ESOP plan (employee stock ownership plan) is a form of employee compensation that provides employees with an equity stake in the company. In other words, an ESOP plan is an employee benefit program , somewhat similar to a profit-sharing plan. Recommended Read: A Quick And Simple Guide To Compensation Planning. Phantom Stocks.

Benefits 52

Benefits Sales Sales Cash Flow 52

Zenefits

NOVEMBER 25, 2022

As a result, organizations are feeling immense pressure to increase compensation. So, if employees worked 40 days a week, they would only work 32 hours for the same compensation and perks. How can a 4-day workweek benefit your organization? Implementing a 4-day workweek can benefit the organization just as much as its employees.

Benefits 52

Benefits Implementation Retention Compensation 52

AIHR

DECEMBER 14, 2022

HR should consider where the benefits and drawbacks are of the third peak and how they can support employees to ensure engagement and productivity remain unaffected. So, what are the benefits of this new peak? This data clearly indicates that the lines between ‘work’ time and ‘home’ time have blurred and continue to be blurred.

Compensation 94

Compensation Benefits Diversity Manager 94

15Five

AUGUST 23, 2023

They’re cautiously optimistic and recommend that governments and businesses alike spend more time thinking through the potential risks and ethical implications of AI before implementing the technology on a large scale. More egregiously, these issues can create unfair or discriminatory compensation practices in an organization.

Compensation 73

Compensation Implementation Diversity Scaling 73

Zenefits

DECEMBER 9, 2022

This safe harbor may be most useful to an employer with full-time employees who regularly work 40 hours per week and whose compensation is unlikely to decrease during the year. This means that an insurer cannot limit benefits if the individual chooses to enroll in a clinical trial. W-2 Wages Safe Harbor.

Compliance 52

Compliance Insurance Government Operations 52

Zenefits

MAY 21, 2022

Incorrect reporting of wages to the government. The payroll errors cause a ripple effect that impacts related functions like human resources, benefits, and finance. Payroll accounting. Simplify benefits administration. Simplify benefits administration. Evaluate the effectiveness of your compensation strategy.

Compliance 52

Compliance Administration Human Resources Benefits 52

Vantage Circle

JULY 13, 2021

How to approach a Total Rewards Strategy that ensures benefits for both employees and employers. How to manage all aspects of employee compensation, reward, and recognition. Total Rewards is a term often thrown around in the HR world, but not everyone is familiar with what it entails and how it can benefit an organization.

Compensation 52

Compensation Benefits Employee Engagement Retention 52

Zenefits

JANUARY 26, 2023

For example: Certain benefits deductions can be taken on a pre-tax basis. However, other elective benefits must be done on an after-tax basis. Similarly, retirement benefits can be taken on a pre-tax basis up to a specific percentage of an employee’s gross pay if they are qualified retirement plans.

Accounts Payable 52

Accounts Payable Compliance Compensation Metrics 52