Recruiting Daily Advisor

NOVEMBER 3, 2021

As employers evaluate their benefits packages for the coming year, the past 2 years are going to play a significant role in that conversation. Before the pandemic, setting health insurance rates followed a formulaic pattern. Benefits of all stripes can account for as much as 40% of their total compensation.

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Insurance Insurance Policies Benefits 104

ClearCompany Recruiting

NOVEMBER 7, 2023

The benefits of global contingent hiring include an expanded talent pool, better cultural fit, cost savings, and more. They’re working with smaller budgets for payroll and employee benefits. Let’s take a closer look at eight of the benefits of hiring contingent instead of permanent workers.

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ClearCompany Benefits Hiring Onboarding 327

NPA Worldwide

OCTOBER 18, 2023

Insurance is an important item for your business and one that can be easily overlooked, especially for a start-up venture that may be home based. Business interruption —As the name suggests, business interruption insurance covers your lost income if you are unable to operate your business after a covered loss, like property damage.

Insurance 78

Insurance Insurance Policies Compensation 78

RecruitLoop

JANUARY 11, 2023

Workers’ compensation insurance covers the medical bills for workplace injuries. It has other benefits as well, such as preventing small businesses from going bankrupt due to a workplace injury and […].

Small Business 62

Small Business Insurance Insurance Compensation 62

Homebase

MARCH 15, 2024

Luckily, there’s small business insurance that can bring you peace of mind and provide coverage against situations that are usually beyond your control. But what kind of insurance do you need? How much insurance do you need? Your insurance will possibly cover the repairs so that you don’t have to pay them out of your own pocket.

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Small Business Insurance Insurance Real Estate 52

The HR Strategy Perspective

SEPTEMBER 7, 2023

Explore the essential Components of Employee Compensation and Benefits – from salaries and bonuses to insurance and perks. Learn how organizations reward their workforce effectively.

Compensation 52

Compensation Benefits Insurance Insurance 52

Recruiting Daily Advisor

OCTOBER 26, 2023

healthcare landscape, self-insured employers face a dual challenge: ensuring top-quality healthcare for their employees while maintaining a tight grip on costs. Even with all their benefits, self-insured plans also present challenges, including a steep learning curve, accounting complexity, and potential financial risk.

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Insurance Insurance Healthcare Financial 116

Workable

FEBRUARY 17, 2023

Fostering a positive environment that supports team members as people instead of human capital is important, and in many instances, those initiatives are actually part of a compensation strategy, but a generous compensation package is a surefire way to catch the attention of quality candidates and establish loyalty with high-performing employees.

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Compensation Insurance Insurance Financial 118

Zengig

SEPTEMBER 22, 2023

While the role itself, company culture, and growth opportunities matter, compensation is, for many, the most important of all. So, what exactly is a good compensation package, and why should you care? Throughout this article, we will break down its components, including salary, benefits, and perks.

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Compensation Benefits Insurance Insurance 52

JazzHR

NOVEMBER 16, 2018

An attractive compensation and benefits package is one of the best ways to recruit new hires and retain current staff, but being too generous is obviously a strain on the budget. When putting together a compensation and benefits strategy, you want to find a way to offer pay and perks that are desirable, yet feasible.

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Compensation Benefits JazzHR Financial 120

Hospital Recruiting

MARCH 7, 2024

In an era where healthcare faces unprecedented challenges and rapid advancements, creating an attractive benefits package for healthcare professionals extends far beyond competitive salaries. Moreover, crafting these benefits packages must be adaptive and innovative, aligning with the changing landscape of healthcare employment.

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Healthcare Benefits Financial Insurance 123

Recruiting Daily Advisor

JULY 19, 2023

The health insurance industry is very complicated and getting more so every year. There are many different players, as well as numerous policies and practices insurance companies and their partners use that can delay or deny the care your employees need. A 2022 study revealed that a staggering 100 million U.S. Patricia J.

Insurance 98

Insurance Insurance Healthcare Financial 98

HRsoft

SEPTEMBER 28, 2023

One area that often receives less attention than it deserves is compensation management. Manual compensation processes can be time-consuming, error-prone, and inefficient, leading to frustration among employees and HR professionals alike. In this article, we will explore several compensation processes that can and should be automated.

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Compensation Guidelines Insurance Insurance 59

Indeed

MARCH 5, 2019

And in today’s world, compensation is so much more than just a number — it also includes the added benefits offered to you by your company, such as health insurance, wellness, time off, bonuses and more. In short, investing in competitive compensation is an investment in your firm. Here’s what we found.

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Compensation Benefits Telecommunications Wireless 127

Homebase

APRIL 12, 2024

But one great way to get that talent in the door and keep them on your team for as long as possible is to offer healthcare benefits. Truth be told, navigating the complex world of benefits administration can be daunting, with various plan options, costs, and compliance requirements to consider. So, let’s dive in!

Healthcare 52

Healthcare Benefits Insurance Insurance 52

HRsoft

NOVEMBER 16, 2023

Decisions about employee compensation can have an undeniable impact on an organization. While larger compensation packages can cost a company more, they serve as an effective tool in boosting employee morale, improving work efficiency, and motivating team members to do more. Additional perks.

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Compensation Reference Benefits Tools 59

Recruiting Daily Advisor

MAY 28, 2021

When job candidates consider which position is best for them, benefits can be the factor that tips them from one company to another. As an indirect form of compensation, benefits fuel their quality of life. The responsibility of any good company is to provide fair, competitive, and livable benefit options.

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Benefits Insurance Insurance Healthcare 111

Glassdoor for Employers

SEPTEMBER 17, 2020

million American workers without health insurance. Talented individuals who now lack health insurance or who have been furloughed or laid off as a result of the coronavirus are looking for companies that prioritize the care of their employees. That's why healthcare is still the benefit that employees value most.

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Benefits Insurance Insurance Healthcare 157

Recruiting Daily

MARCH 31, 2022

Compensation not only includes a salary but other monetary benefits like vacation pay, health insurance, travel allowance, work-from-home allowance, stocks and equity and retirement bonuses. Discussing compensation during the interview is one of the most important strategies for candidates to gain all this information.

Compensation 109

Compensation Interviews Insurance Insurance 109

HRsoft

AUGUST 4, 2023

In today’s corporate landscape, companies compensate their employees in two primary ways: directly and indirectly. Understanding the distinctions between these two forms of compensation and helping employees comprehend the full value of their compensation package are essential aspects highlighted in this blog.

Compensation 52

Compensation Insurance Insurance Financial 52

Recruiting Daily Advisor

JULY 19, 2023

During an economic downturn, job hunters usually search for the highest-paying position, but when deciding between offers with comparable pay, they might overlook salary and choose the role with the best benefits. One’s decision to choose benefits over pay has different implications.

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Benefits Insurance Insurance Financial 98

Recruiting Daily Advisor

MARCH 24, 2023

One way to retain and attract top talent is by offering comprehensive benefits and compensation packages. In fact, Forbes Advisor found that 40% of workers would leave their current job to find employment that offers better benefits. So, what benefits should organizations offer to attract and retain talent?

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Benefits Retention Survey Financial 130

The Muse

SEPTEMBER 17, 2021

Your salary is just one part of your compensation package. Learn how the most common employee benefits and perks work—including insurance, 401(k)s, PTO, and more.

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Benefits Insurance Insurance Compensation 144

Recruiting Daily Advisor

APRIL 22, 2021

Today, we share three benefits-related questions submitted to our employment lawyers, along with their answers. Healthcare Benefits sign. Based on such criteria, individuals can be treated as distinct groups of similarly situated individuals, with different eligibility provisions, benefit restrictions, or costs (29 CFR 2590.702(d)(1)).

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Benefits Insurance Insurance Healthcare 133

Indeed

FEBRUARY 27, 2018

The vast majority of people who work need to make a living, making compensation one of the most important aspects of a job. Much more than just a single number, compensation is a package that includes both salary and benefits. So which companies are raising the bar for compensation? Great pay and benefits are relative.

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Compensation Benefits Retail Wireless 102

Recruiting Daily Advisor

SEPTEMBER 29, 2022

More and more, employers are offering family-building benefits as part of their core compensation packages with much more than just parental leave. Increasingly, a benefits package that includes family-building can often be the deciding factor for a candidate deciding whether to accept a role.

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Benefits Insurance Insurance Compensation 98

Recruiting Daily Advisor

SEPTEMBER 1, 2020

Department of Labor (DOL) clarified the effect of President Donald Trump’s recent order that authorized additional funding for unemployment benefits. The August 8 order, technically a “presidential memorandum,” offers $300 per week in additional unemployment benefits if the state agrees to put up $100 of their own.

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Compensation Benefits Insurance Insurance 105

Recruiting Daily Advisor

MAY 4, 2020

While furloughing employees is still a drastic course of action, many companies are utilizing this alternative to layoffs because it allows them to lower expenses while still ensuring a quicker “reboot” at the conclusion of the crisis and providing employees with certain benefits while their hours and wages are temporarily reduced.

Compensation 102

Compensation How To Pharmaceuticals Insurance 102

Acara Solutions

SEPTEMBER 19, 2022

As candidates’ expectations for compensation have changed, organizations must now consider elements beyond salary to receive serious consideration for the position. Now more than ever, the whole compensation package is essential to the hiring process. Pet insurance: Many people adopted a pet to help cope throughout the pandemic.

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Compensation Insurance Insurance Survey 73

Recruiting Daily Advisor

JANUARY 28, 2022

As a result, HR leaders have to make a difficult decision: Either they eat these costs and cut into profits or they pass them on to their employees by cutting benefits or reducing employer healthcare contributions. And even if they don’t go this direct route, they still have more leverage when negotiating with insurers.

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Data Benefits Insurance Insurance 128

Recruiting Daily

MARCH 24, 2022

Interestingly, while the gig economy has been hailed for providing flexibility and encouraging entrepreneurship, it has also drawn considerable flak for the lack of benefits and job security. Which brings us to the point about compensation. However, most gig workers work without benefits or pay protections in place.

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Compensation Insurance Insurance Benefits 81

Recruiting Daily Advisor

NOVEMBER 20, 2023

One answer is through more robust and personalized benefit packages that are accessible and affordable. They also increasingly identified a caring culture, flexible work schedules, better benefits, and higher pay as top priorities. At the same time, a deepening desire for personalization crept into the design of employee benefit plans.

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Benefits Strategy Healthcare Diversity 114

Recruiting Daily Advisor

AUGUST 31, 2022

There are important legal considerations for employers to weigh when considering whether to provide such benefits. Employers should consider whether these potential benefits may be illegal in the states where they operate. Legal counsel can also evaluate ways to structure benefits to reduce those risks. Impact of State Laws.

Travel 98

Travel Benefits Insurance Insurance 98

Recruiting Daily Advisor

NOVEMBER 11, 2020

However, changes were made to certain other benefits thresholds and limits. The IRS is raising to $235,000 (from $230,000) the annual compensation that makes a company’s employee, other than an officer, a “control employee” for commuting valuation purposes, the IRS announced separately in Notice 2020-79. 214,520 in 2020.

Benefits 111

Benefits Insurance Insurance Compensation 111

HRsoft

JANUARY 11, 2023

Enterprise organizations have had to navigate all these challenges in recent years – is compensation management adding to your headaches? Compensation management is the process of how an organization pays its employees. This can include both direct and indirect compensation , such as salary, bonuses and benefits.

Compensation 52

Compensation Trends Retention Insurance 52

Recruiting Daily Advisor

DECEMBER 20, 2022

That is where better health and welfare benefits come into the picture. Successful employers are focusing on benefits that boost workplace health and engagement, especially in the wake of COVID-19. When evaluating a job, most applicants heavily consider the benefits. You will not win them over with basic health insurance.

Healthcare 119

Healthcare Benefits Retention Survey 119

Recruiting Daily Advisor

JANUARY 16, 2024

Benefits can feel like one of the drier topics human resources professionals need to be experts in. After all, health insurance is a maze of complexity, forms, codes, and bills—not exactly a crowd pleaser. But benefits are incredibly important to job seekers. Benefits aren’t just an add-on to an employee’s salary.

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Benefits Insurance Insurance Healthcare 64