Vantage Circle

DECEMBER 29, 2024

SHRM (Society for Human Resource Management) estimates replacement costs at 6-9 months of an employee's salary For a $60,000 annual salary, replacement costs could range from $30,000 to $45,000 The Hidden Costs of Lost Productivity, Training, and Onboarding The costs of employee disengagement are much higher than we often realize.

Salary

Vantage Circle

FEBRUARY 26, 2025

Additionally, research indicates that 88% of job seekers give "some consideration" or "heavy consideration" to better health, dental, and vision insurance benefits when choosing between a high-paying job and a lower-paying job with better benefits. Consider supplemental insurance for critical illnesses or accidents.

Small Business

Work Life

JULY 1, 2025

His consultancy helps institutional investors, pension funds, and insurance companies invest in projects in Africa. He uses his salary and his side hustle selling perfume to afford micro-retirements once a month where he attends events such as festivals or travels internationally. Joshua Charles is a Gen Z business owner.

Finance

Vantage Circle

MARCH 25, 2025

How can companies move beyond standard health insurance and create a benefits package that truly stands out? A solid benefits package has comprehensive health insurance, paid time off (PTO), retirement plans, and wellness support. Companies can go the extra mile by offering pet insurance to help with vet bills.

Insurance

Mad in America

MARCH 11, 2025

Even new psychotherapists (often Licensed Master Social Workers [LMSW], who cannot even practice as clinicians independently yet, as opposed to the Licensed Clinical Social Worker [LCSW]) often do not take insurance nor offer sliding scale fees. It may be a generalization, but many seem unwilling to serve lower-income clients at all.

Supervising

Work Life

JUNE 20, 2025

Of course, once I became a financial journalist, I learned that an annuity is an insurance contract and that knitting is rarely required. Since you purchase an annuity through an insurance company, the safety of your money is ensured by the company’s financial rating.

Real Estate

Insperity

OCTOBER 29, 2014

Some companies have salary grades assigned to each position, and so your new employee would receive a salary offer that’s a percentage of the grade that she’s qualified for. The important thing is to not lose your perfect candidate over salary negotiations. Or do you increase your offer? What the needs of the department are.

Salary

Insperity

APRIL 16, 2015

This includes medical, dental and vision coverage, a health care flexible spending account , a retirement plan, life insurance and personal accident insurance, short-term and long-term disability insurance, adoption assistance, commuter benefits and educational assistance. Recruiting support. Strategic HR support and planning.

Payroll

Insperity

MARCH 25, 2021

Being an employer comes with many HR-related costs beyond the cash compensation you pay to your employees, such as: Payroll taxes (FICA, FUTA, Social Security, Medicare) Worker’s compensation insurance coverage Statutory insurance and paid leave programs (e.g., of an employees’ salary, according to the U.S. Administrative fees.

Payroll

Insperity

OCTOBER 31, 2017

From employer-sponsored health insurance to retirement savings plans, an attractive benefits package can help you hire the best employees and ensure you retain them for many years to come. Outside vendors, such as the insurance provider and investment company. What does their short-term disability insurance cover?

Insurance

Insperity

OCTOBER 29, 2014

So, you’ve found your next star employee and it’s time for the salary negotiation phase to begin. Here’s some tips on how to handle salary negotiation. Here’s some tips on how to handle salary negotiation. Salary negotiation house rules. Do you give up and let her walk away? What the budget allows for.

Salary

Insperity

JULY 5, 2022

As a result, increasing numbers of employees consider their wellness to be equally important as traditional priorities such as job stability, salary and benefits. Often, this type of tool is available via your company’s health insurance carrier. Why do employee wellness programs matter?

Insurance

Insperity

JANUARY 11, 2018

An employee’s health insurance continues during their leave, as long as the employee pays their usual portion of the premiums. Employers are required to obtain paid family leave insurance. If your company self-insures on disability benefits, you may purchase a separate paid family leave policy or apply with the state to self-insure.

Payroll

Insperity

JUNE 24, 2015

Am I required to continue paying salary when employees are on FMLA leave? In any case, you should notify payroll to make them aware of any changes to your employee's salary during the leave. However, their leave may still be protected under the ADA and ADA Amendments Act ( ADAAA ). Do my employees get to keep their health benefits?

Insurance

Vantage Circle

JUNE 9, 2023

To bring in the best talent, you need to be offering the most competitive salaries, and that is what is going to change the end game. What is Salary Benchmarking? What is Salary Benchmarking? Salary benchmarking involves matching or exceeding the ‘benchmark’ salary levels across your industry.

Salary

Insperity

FEBRUARY 11, 2021

These are salaried employees who are not eligible for overtime compensation. Whether you have hourly or salaried employees, you must figure out who is getting paid what amount. Next up, consider any “fringe benefits,” such as: Health insurance Life insurance A retirement plan An employee stock purchase plan.

Payroll

Insperity

JANUARY 26, 2017

While the rules vary from state to state, there’s one consistent underlying theme: To qualify for unemployment insurance, employees must have lost their jobs through no fault of their own. Unemployment claims chip away at your bottom line — racking up charges to your unemployment insurance account and increasing your tax rate. (An

Insurance

Insperity

FEBRUARY 9, 2021

Does the worker receive employee benefits , such as insurance, retirement savings plans or a pension and paid leave? For example: Paid time off Retirement saving plans Health insurance. A worker spending their own money and not receiving reimbursement, and incurring profits and losses, is indicative of a contractor.

Equipment

Insperity

MARCH 19, 2019

Comply with insurance requirements. Insurance obligations are the responsibility of the employee, but companies may assist in the process or offer company insurance. Meet salary and benefit requirements. The salary for an H-1B employee cannot be less than the typical wage for the position or occupation.

Insurance

Insperity

JANUARY 27, 2022

Remember: What people are really looking for in an employer of choice is not just a base salary. You might also want to add non-taxable perks such as time off for volunteering in the community, the occasional theater and sporting event tickets or marathon sponsorships. Increasingly, they also want the company to be socially responsible.

Banking

Insperity

APRIL 14, 2022

Some employees are leaving jobs to: Obtain improved titles, higher salaries and better benefits. Many companies provide a basic benefits package that may offer employees access to things like: Health insurance. Dental insurance. Vision insurance. Life insurance. Disability insurance. Paid time off (PTO).

Insurance

Insperity

JANUARY 15, 2019

Companies in many parts of the country are now forbidden from asking a job candidate to reveal their salary history during the application or interview process. Now, businesses must offer a salary range or an hourly rate based on their budget and a candidate’s experience rather than on a candidate’s previous salary.

Legal

Insperity

MARCH 8, 2018

If you’re a smaller company of 10, 25, 50 or even 75 employees, chances are it’s going to be tough to compete on salary alone with bigger companies that are able to offer bigger salaries. Next, consider what makes your company different and what you have to offer besides salary. There’s good news, though. Woo them with benefits.

Salary

Insperity

JUNE 20, 2024

Is the salary you plan to offer competitive? When hiring highly skilled workers, you may find that you must be flexible on salary to get the right candidate. How can you woo job candidates if you’re limited to a certain salary range? Other than an attractive salary, what perks can your company offer?

Salary

Insperity

JANUARY 18, 2018

And if you think insurance can shield you from such expenses, think again. In reality, employment practices liability insurance (EPLI), which may protect a business against claims made by employees in some areas, may not cover wage and hour issues. I build extra pay into employees’ salaries to make up for any overtime.

Legal

Insperity

APRIL 9, 2020

Payroll costs generally include payments for: Salary, wages and commissions Payment of cash tips or equivalent Covered leave Separation allowances Group health care benefits, including insurance premiums Retirement benefits State or local taxes assessed on employee compensation.

Security

Insperity

NOVEMBER 14, 2019

Is the salary you plan to offer competitive? When hiring highly skilled workers, you may find that you must be flexible on salary to get the right candidate. How can you woo job candidates if you’re limited to a certain salary range? Other than an attractive salary, what perks can your company offer? This is critical.

Salary

All Work

AUGUST 26, 2022

Let’s dive into the five key aspirations and drivers we’ve uncovered from this generation: Amenities, Benefits & Salary: A Shifting Mindset. Amenities, Benefits & Salary: A Shifting Mindset. Personal & Professional Values are One in the Same. Virtual, In-Person & Hybrid Work: Balance is Key.

Technology

Insperity

SEPTEMBER 3, 2019

A fair severance agreement should include at least two weeks salary, and may also include: Additional money based on years of service A reimbursement to help offset the cost of health insurance coverage continuation or COBRA stipend Outplacement counseling and/or training. Commitment to clarity.

Legal

Insperity

JANUARY 22, 2019

Conduct market research to find out whether your salary range and benefits are competitive with companies in your industry and geographic area. A tough labor market isn’t the time to play games or go cheap when it comes to nabbing talent. Know the competitive landscape that candidates are operating in.

Interviewing

Insperity

JUNE 17, 2021

Compare how your company aligns with others in terms of salary and benefits, including: Health insurance PTO Leaves Options for flexible work schedules or remote work Unique perks. Do you find ways to accommodate them, on a case-by-case basis, when personal or family obligations conflict with work? Marketplace and competitor analysis.

Leadership

Insperity

APRIL 6, 2017

Are you trying to motivate the sales team or decide on a new health insurance policy? For example, say your company needs to change its health insurance coverage and would like employee feedback on which changes would be palatable to the greatest number of employees. The answer determines what you share.

Sales

Insperity

NOVEMBER 11, 2021

We all want to earn a competitive salary and benefits while performing meaningful work that challenges us and enables us to grow in our careers. Of course, military reservist and veteran employees want the same set of benefits as anyone else: health, vision and dental insurance, 401(k) and paid time off (PTO), for example.

Training

Insperity

OCTOBER 10, 2023

This means that businesses aim to compensate employees beyond mere salary to protect and enhance their physical, emotional, social, professional and financial health.

Security

Insperity

JUNE 24, 2015

Am I required to continue paying salary when employees are on FMLA leave? In any case, you should notify payroll to make them aware of any changes to your employee’s salary during the leave. However, their leave may still be protected under the ADA and ADA Amendments Act (ADAAA). Do my employees get to keep their health benefits?

Insurance

Insperity

OCTOBER 17, 2023

By leading an informative and effective onboarding and orientation program , HR experts can help you avoid the most common new-hire mistakes so you can: Orient new employees into their new role and initiate training Introduce new employees to their team members and management Immerse employees into the company mission, vision, values and culture Infuse (..)

Onboarding

Justworks

AUGUST 15, 2017

Between state and federal mandates around offering health insurance to employees, most small and mid-sized companies have considered what kinds of benefits they should offer employees. But even if you decide to offer access to health insurance, how much is enough? How Much Health Insurance is Enough? We examine below.

Small Business