How much HR staff do you need per employee? Answer inside.

Employees, especially top talent, value quality benefits. Competitive salary packages are an essential component in securing leading candidates, but they might not be enough to keep those talented individuals happy. Traditional workplace perks are good, but unique and innovative benefits can significantly add to the appeal of a job.

When asked, 80% of employees said they would prefer additional benefits over a pay increase, according to a report by Glassdoor.  

What types of benefits are most attractive to top candidates? Competitive compensation packages often include many types of employee benefits such as healthcare, retirement and flexible and health savings accounts.

Get access to the robust benefits your employees want with a PEO.

Access comprehensive and attractive benefit options so you can:

• Improve morale and employee culture
• Compete for top talent
• Let your employees know they are valued
• Focus more on your business

1. Workplace Litigation Surrounding Employment-Related Practices
Businesses have quite a few concerns when it comes to matters such as discrimination, harassment, wrongful termination, and unlawful retaliation claims. All these issues can be costly and time consuming, as well as damaging to your reputation as a company.

2. Payroll and Benefits Regulations
Employment regulations can be a difficult burden for small companies, primarily because the associated overhead expense is spread over a smaller workforce. According to an SBA survey, small companies spend up to 80% more per employee on federal regulatory compliance than large companies. Poor management of personnel-related tasks can make compliance even more costly.

3. Multiple HR Policies and Procedures but No Qualified Guidance
For a small to medium-sized business, the human resources "department" often consists of one person with a heavy load of responsibilities. This HR generalist may be responsible for compensation and benefits, HR management, employee relations, HR issues, staffing, HRIS, training and much more. Thorough, independent research of HR trends and workplace ethics often falls into the "nights and weekends" environment, which can become both costly and time consuming.

Get valuable insight on what it takes to help your business grow.

Learn how TriNet can help you navigate:

• Wages, benefits and leave
• Recruiting, interviewing and hiring
• Discrimination and harassment, and more

Payroll trends show where the industry is heading and can help a business set priorities and achieve its goals.

Following years of change in business practices, especially during the COVID-19 pandemic that disrupted the world's economy, employees and employers are looking for something different. They want a new relationship with work, characterized by balance, connection, and equity, especially concerning payroll issues.

TriNet Payroll software helps to simplify the payroll process, increase accuracy, and helps to ensure payroll compliance in all 50 U.S. states. And now, we offer payroll reporting, too, right in our product. 

Download our Payroll Report Templates to get started with payroll reports.

These ready-to-use excel spreadsheets include:

• Regular, overtime & other hours
• Regular, overtime & other earnings
• Reimbursements
• Deductions
• Employer contributions
• Employee & employer taxes
• Net pay by an individual employee for a payroll run or period