article thumbnail

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

AIHR

Compliance : Ensure the organization’s benefits programs comply with company policies and relevant laws, such as the Affordable Care Act (ACA) and other regulatory requirements. It will teach you about total rewards strategy , pay principles, sales compensation , and pay gap analysis.

article thumbnail

Benefits Administration Outsourcing: Might It Be Right for You?

Zenefits

of the total compensation for workers in private industry.ยน They also risk making costly compliance mistakes. Compliance with state and federal regulations Federal and state laws and regulations concerning benefits change often. Will using this provider deliver the ROI, saving you money compared to the cost of doing it yourself?

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

Payroll Challenges to Overcome in 2023 and Beyond

Zenefits

Compensating diverse and distributed workforces. times the ROI of an on-premise solution because of the efficiencies they provide. Payroll is becoming increasingly complex, as more and more workplaces go global or remote and compliance concerns increase. Compensating diverse and distributed workforces. Payroll talent.

article thumbnail

How To Craft an Effective HR Transformation Project Plan in 11 Steps

AIHR

Achieving ROI – HR transformation projects often involve significant investments in terms of time, effort, and resources. A well-developed project plan increases the likelihood of achieving a positive ROI. This involves ensuring data accuracy, security, and compliance with relevant regulations.

article thumbnail

What Do Payroll Reports Cover? Everything You Need to Know

Zenefits

These reports help you manage your compliance requirements. Some payroll reports are used for calculating taxes and ensuring compliance. In contrast, others can help specific departments better understand their employee productivity and ROI. Workers’ compensation. What are some standard payroll reports?

article thumbnail

The Annual HR Report: 15 HR Metrics To Include

AIHR

It consists of both internal costs (compliance, tooling, administrative costs, etc.) Training ROI – Training ROI measures how much a company gains from investing in training. training and development, compensation, talent management, recruitment, etc.). Knowing the exact absence rate will help shape interventions.

Metrics 102
article thumbnail

What Is Human Resources?

AIHR

As a department, it is responsible for managing HR activities from recruitment and onboarding, compensation and benefits, learning and development, performance management, and employee relations to separation or retirement. Administers employee benefits and compensation that enhance employees’ satisfaction and financial security.