Benchmarking Benefits Compensation Government 
Harvard Business Review
OCTOBER 10, 2023
That means employers must find new ways to determine appropriate compensation. A key solution lies in salary benchmarking — using aggregated market data to establish competitive pay rates. payroll processing company revealed that access to robust benchmarking tools doubled the probability of firms setting the “right” salary.
Zenefits
JULY 24, 2022
Depending on the organization, labor costs, including salaries, wages, benefits, and related taxes, can constitute as much as 40% of the total budget. With such a large expense account for employee compensation , a solid compensation strategy is a no-brainer. What are vital considerations in compensation planning?
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
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.
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.
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.
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.
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%. Answer to see the results.
Expert insights. Personalized for you.
94 
Let's personalize your content