HRsoft

OCTOBER 30, 2023

As organizations strive to attract, retain, and motivate top talent, compensation management continues to evolve. In the year 2024, several trends are expected to shape how businesses approach compensation strategies. Employees increasingly demand fairness and transparency in how compensation decisions are made.

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Compensation Trends Financial Healthcare 105

Homebase

APRIL 19, 2024

That’s why workers’ compensation insurance—also often called worker’s comp — is mandatory in most states. Understanding worker’s compensation insurance is crucial to protecting both your employees and your business. Get started for free with Homebase What is workers’ compensation insurance? And that peace of mind?

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Small Business Compensation Insurance Insurance 52

Viaduct

APRIL 17, 2024

Developing a maternity and paternity leave policy for your startup is crucial for attracting high-quality candidates and supporting your employees through major life events. Legal Compliance: First things first—ensure your maternity and paternity leave policy complies with all relevant federal, state, and local laws.

Policies 62

Policies How To Handbook Benefits 62

Workable

OCTOBER 9, 2023

A standardized employment agreement policy assists HR professionals in ensuring consistency, clarity, and legal compliance across all employment contracts. What is the employment agreement policy? Determine compensation and benefits: Outline the employee’s compensation package, including salary, bonuses, and benefits.

Policies 62

Policies Insurance Insurance Compensation 62

Homebase

APRIL 25, 2024

Workers’ compensation for small business employees can feel overly complicated, dauntingly official (see: fines and liability), and pretty darn expensive. Here’s everything you need to know about workers’ compensation. Traditional policies often require hefty premiums paid upfront, putting a serious strain on your cash flow.

Small Business 52

Small Business Compensation Insurance Insurance 52

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. But at this point, nearly every carrier has ended that waiver and is again passing along costs according to its policy schedules. Hospitals and clinics were scary places.

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Insurance Insurance Policies Benefits 104

Rally Recruitment Marketing

MARCH 14, 2022

This has spawned what I’m calling the “Battle of the Benefits”, where many employers are upgrading their benefits packages to make talent choose them over their competitors. With this in mind, here are 5 employee benefits that, if you’re not already providing, you should consider offering (and promoting!) Mental health benefits.

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Benefits Policies Compensation Banking 221

Workable

FEBRUARY 13, 2024

This article aims to provide a comprehensive overview of PTO, delving into its meaning, operation, and comparison with traditional vacation policies. This arrangement allows employees to take time off from work for various reasons—such as personal matters, illness, or vacation—while still receiving compensation. What is PTO?

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Benefits Tools Policies System 123

Recruiting Daily Advisor

APRIL 4, 2023

With the proliferation of remote work arrangements, it is essential for employers to define their policies, requirements, and eligibility to engage in remote work programs in order to streamline the process, establish expectations, and avoid legal entanglements. A well-written employee handbook can do just that.

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Handbook Policies Hotels Government 110

Workable

OCTOBER 4, 2023

Having a clear and comprehensive short-term disability pregnancy policy template in place is invaluable for HR professionals. This policy ensures that affected employees receive a portion of their regular income during their medically necessitated absence. Compensation details: Percentage of regular income provided during the leave.

Policies 62

Policies Compensation Guidelines Workable 62

Recruiting Daily Advisor

JULY 17, 2023

One of the keys to developing an effective benefits package is recognizing that employees always have to be treated as unique individuals. Generic benefits often fail to meet the needs of diverse workforces, which is why HR teams are focusing on personalized benefits to provide inclusive support for all employees.

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Policies Diversity Benefits Culture 98

Recruiting Daily Advisor

FEBRUARY 5, 2024

Under our benefits policy, a half day (four-hour deductions) for exempt employees is usually OK, and our nonexempt employees can take PTO one hour at a time, but could we require a similar two-hour increment for exempt employees, as well? The post Ask the Expert: Can Time Increments Play a Role in Company PTO Policies?

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Policies Banking Compensation Benefits 63

HRsoft

NOVEMBER 28, 2023

The rise of hybrid work models, where employees split their time between remote and office-based work, has brought new challenges for compensation management. Organizations must adapt their compensation practices to accommodate the needs and expectations of a diverse workforce.

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Compensation Policies Retention Diversity 59

Recruiting Daily Advisor

APRIL 9, 2024

They can offer financial guidance (retirement planning and debt management, for instance), 401(k) matches and other investment programs, and benefits such as convertible PTO, which allow employees to put the value of their time off toward their financial priorities. Rob Whalen is co-founder and CEO of PTO Exchange.

Financial 105

Financial Policies Meeting Banking 105

Workable

OCTOBER 31, 2023

This template will provide a comprehensive framework for HR professionals to create a military leave policy that complies with federal and state laws. What is a military leave policy? A policy that outlines the guidelines for employees who need to take time off from work to fulfill their military obligations.

Policies 62

Policies Guidelines Workable Training 62

Workable

SEPTEMBER 8, 2023

The medical leave policy is designed to provide clarity and support to employees who, due to medical reasons, are unable to fulfill their work duties for a temporary period. A medical leave policy should include: Eligibility criteria with clear guidelines Duration of leave and under what conditions extensions can be granted.

Policies 62

Policies Guidelines Workable Compensation 62

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.

Compensation 52

Compensation Benefits Insurance Insurance 52

HRsoft

OCTOBER 26, 2023

As organizations strive to attract, retain, and motivate top talent, compensation management continues to evolve. In the year 2024, several trends are expected to shape how businesses approach compensation strategies. Employees increasingly demand fairness and transparency in how compensation decisions are made.

Compensation 59

Compensation Trends Financial Healthcare 59

Workable

NOVEMBER 10, 2023

Having a well-structured redundancy policy can save HR professionals a lot of time and effort when dealing with sensitive issues related to job losses. A company redundancy policy should include: A clear explanation of the circumstances under which fixed-term contracts or temporary employees may be terminated.

Policies 62

Policies Guidelines Workable Government 62

Recruiting Daily Advisor

DECEMBER 13, 2022

During the initial COVID frenzy, it was particularly difficult to determine which policies still applied and which ones had expired. As we are officially in the season of colds, the flu, holiday parties, and potential COVID upticks, it might be appropriate to pull out various policies and check the label to evaluate your “best by” date.

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Policies Compensation Healthcare Banking 98

Workable

AUGUST 1, 2023

This Independent Contractor Agreement policy can help you craft a mutually beneficial contract between your company and an independent contractor. The policy clearly outlines the expectations and responsibilities of both parties, reducing the potential for disputes and misunderstandings. What is an Independent Contractor Agreement?

Policies 62

Policies Insurance Insurance Government 62

Homebase

JANUARY 19, 2024

Packed with detailed policies on equal employment opportunity, harassment, and other legal requirements it helps prevent misunderstandings and promotes fair treatment. It’s a communication tool that keeps everyone in the loop about their rights, benefits, and available resources. Why do restaurants need an employee handbook?

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Handbook Policies Guidelines How To 52

Recruiting Daily Advisor

FEBRUARY 22, 2024

Businesses offering this benefit experience significantly higher retention rates (7.4 Micro businesses and large companies are leading in implementing this benefit. In the competitive talent market, benefits like back-up childcare, childcare assistance, and parental leave policies are crucial differentiators.

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Benefits Policies Retention Talent Acquisition 63

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.

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Compensation Interviews Insurance Insurance 109

CuteHR

SEPTEMBER 21, 2022

According to 66% of workers, benefits are an essential aspect of overall compensation. The compensation strategy is essential in achieving consistency when it comes to compensation and benefit choices within your firm. However, having a compensation strategy aligned with your business culture is not enough.

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Compensation Strategy How To Examples 87

Recruiting Daily Advisor

DECEMBER 10, 2020

The term “unlimited vacation policy” is almost a Rorschach test. Is it a marketing slogan for a system to exploit workers, or is it an attractive benefit that recognizes the changing nature of many workplaces? Adopting an unlimited vacation policy has significant HR and legal implications that cannot be ignored. McPherson ).

Benefits 110

Benefits Policies Compensation Handbook 110

Recruiting Daily Advisor

APRIL 15, 2024

Incorporating affordable family-forming alternatives into employee benefit packages plays a vital role in the pursuit of equity. Central to this initiative is the principle of affordability, which serves as the foundation for making family-forming benefits widely accessible.

Benefits 110

Benefits Financial Diversity Healthcare 110

HRsoft

JULY 10, 2023

In today’s dynamic business landscape, companies face numerous challenges in managing compensation effectively. From rapidly evolving market demands to the complexities of diverse workforces, organizations often find themselves caught in a whirlwind of compensation chaos.

Compensation 52

Compensation Employer Branding Financial Strategy 52

Hundred5

APRIL 22, 2024

While sourcing from a global talent pool opens you up to numerous benefits, including greater diversity and unique skill sets, the downside is that your perfect hire is likely based elsewhere. How do you create packages economically and align benefits with your business strategy? The mix of benefits depends on various factors.

Examples 59

Examples Benefits Insurance Insurance 59

Glassdoor for Employers

SEPTEMBER 17, 2020

That's why healthcare is still the benefit that employees value most. Plus, it might offer added benefits to your company down the road, including brand-building and savings. They also expect virtual visits , which, as an added benefit to you, improve your team's time management and productivity. Actions speak louder than words.

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Benefits Insurance Insurance Healthcare 157

Recruiting Daily Advisor

DECEMBER 15, 2023

Some people are single parents, some start families very early in life and career, some have waited painstakingly to conceive, and some people see the biggest benefit of their job being compensation provided to pay for alternative ways of becoming parents like IVF, adoption, and the freezing of embryos.

Benefits 105

Benefits ATS Handbook Policies 105

Recruiting Daily Advisor

JUNE 9, 2022

While most companies are hesitant to embrace a true “work from anywhere” policy, there are some notable exceptions. Through it all, Chesky has leaned into big moves, including the recent announcement of one of the industry’s most liberal ‘work from anywhere’ policies.” . Offering Maximum Flexibility Despite Challenges.

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Policies Travel Financial Data 121

Recruiting Daily

APRIL 7, 2022

With fairness and equity being the defining issues this year, clear compensation communication is a must. Although employers may come up with impressive compensation plans, they often handle the communication poorly. An employee’s perception of their compensation significantly impacts engagement and performance.

Compensation 81

Compensation How To Training Education 81

JazzHR

NOVEMBER 28, 2018

As your organization looks ahead to the new year, HR leaders may want to optimize compensation strategies. To do so effectively, you’ll need the latest market research about salaries and benefits. The company has a number of tools and resources for small businesses in the process of building a compensation strategy.

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Compensation Data JazzHR Handbook 120

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.

Compensation 81

Compensation Insurance Insurance Benefits 81

Recruiting Daily Advisor

JUNE 28, 2022

“It’s really a who’s who of corporate America who are offering the travel benefits,” Mark I. He doesn’t see major legal risks for employers offering travel benefits, but companies offering the benefit need to take care in drafting their policies. Who will administer the travel benefit? Legal Risks.

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Policies Travel Benefits Insurance 98

Recruiting Daily Advisor

MARCH 27, 2024

Here, Dartmouth argued the players on the team don’t meet the common-law test for “employee” under Section 2(3) of the National Labor Relations Act (NLRA) because the players don’t perform work in exchange for compensation. Instead, it considered benefits such as equipment, apparel, tickets to the game, lodging, and meals as “compensation.”

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Sports Apparel Compensation Policies 105