Remove Benefits Remove Compensation Remove Compliance Remove Insurance
article thumbnail

Compensation Package: A Guide For HR (+ Free Template)

AIHR

One of the first things employees look at before even receiving a job offer is their compensation package. of employees rank compensation as the top factor in job satisfaction. So, how do you craft a total compensation package that resonates with a diverse workforce? Contents What is a compensation package?

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

HR Compliance: A Practical Guide

AIHR

Ensuring HR compliance is crucial to keeping your business legitimate and your employees safe. A dedicated Human Resources Compliance team or an appointed HR employee is responsible for navigating various federal and state laws and regulations to mitigate the company’s legal risk. Contents What is HR compliance?

article thumbnail

Workers’ Compensation Benefits: 4 Categories and Why They’re Important

Zenefits

Does your company keep a workers’ compensation insurance policy active in case employees are injured on the job? Whether it’s state-run, privately insured, or self-funded, companies with employees should have a workers’ compensation plan to cover work injuries and work-related illness.

article thumbnail

Penalties for Benefits Noncompliance

Zenefits

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.

article thumbnail

Do I Need Workers’ Comp Insurance?

Zenefits

The answer to “ do I need workers’ comp insurance ” depends primarily on whether you have employees. Plan to purchase workers’ compensation insurance coverage if you do. Businesses with employees Nearly all states generally require businesses with employees to carry workers’ compensation coverage.

article thumbnail

How Does Workers’ Compensation Work?

Zenefits

Employers and employees typically don’t ask, “ How does workers’ compensation work ?” While you don’t necessarily need the specifics of filing a workers’ comp claim with your insurance company until an injury arises, it’s helpful to be familiar with the general claim-filing process.