Mon.Jul 29, 2024

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10 Best Payroll Software for Small Businesses in 2024

HR Lineup

Running a small business involves juggling numerous tasks, and managing payroll can be one of the most complex. Ensuring employees are paid accurately and on time, while complying with various tax laws, is crucial. Fortunately, payroll software can simplify this process. Here, we review the 10 best payroll software options for small businesses in 2024, detailing their features, pricing, pros, and cons to help you make an informed decision. 1.

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Employee ownership trusts: An emerging strategy for HR leaders

Employee Benefit News

A more streamlined and cost-effective path to employee ownership than ESOPs provides attractive incentives for business owners.

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Supporting the mental health needs of today’s workforce

Employee Benefits

In order to implement appropriate mental wellbeing support , employers first need to understand their workforce’s needs. The way in which employers offer mental health assistance has changed, as interventions and services have become embedded in initiatives. More frequent chances for employees to speak about pressures they face can provide another approach to identify potential modifications.

Medical 102
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The 15 most expensive retirement cities in the U.S.

Employee Benefit News

Unsurprisingly, six of the top 10 costliest destinations are in California.

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The HR Leader’s Workforce Management Guide

In today’s fast-paced business world, effective workforce management (WFM) isn’t just an option—it’s a necessity.

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Leadership development goals: Your roadmap to success

Business Management Daily

Managers come to their positions from a variety of backgrounds. Some studied business or a related subject in college. Others began with an organization in another capacity and worked their way up the ranks based on their performance. Similarly, managers vary in years of experience—from seasoned veterans to those taking on their first leadership role.

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Creating a UV Safety Plan for Your Outdoor Workforce

Winston Benefits

July is recognized as UV Safety Month each year, and the goal is to educate the public on the importance of sun safety. With an estimated one in five Americans developing skin cancer by age seventy, employers must promote sun safety practices among their outdoor workforce. Today, we’re looking at how employers can create a … Continue reading "Creating a UV Safety Plan for Your Outdoor Workforce" The post Creating a UV Safety Plan for Your Outdoor Workforce appeared first on Winston Benefit

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Women want to join the gig economy — but they can't sacrifice their benefits

Employee Benefit News

From health insurance to retirement plans, a new survey revealed that women want stability before flexibility.

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14 Productivity Tips For Success Across All Areas Of Life

BetterUp

Jump to section Productivity tips to help you make the most of your days Why improve your productivity? What inhibits productivity?

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Court of Appeal upholds High Court ruling on Virgin Media pension scheme

Employee Benefits

The Court of Appeal has upheld the High Court’s ruling that a written actuarial confirmation was required where an alteration to the Virgin Media scheme’s rules affected pension benefits for past or future service benefits. This was in relation to section 9(2B) contracted-out rights and was based on the relevant legislation between 6 April 1997 and 6 April 2016.

Pension 59
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We’re Here to Help! How to Navigate Your Top HR Priorities

Are you helping your people proactively plan for retirement? How are you prioritizing the mental health of your HR team? These are a few of the questions that HR professionals are seeking answers to today. Luckily, Gallagher’s consultants came together with four robust articles (and one infographic) that help address these pain points and provide you with proactive planning tips to help you simplify, personalize and create flexibility in your benefits offerings to help ensure your people thrive

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How to get your CHRO to invest in HR software

cipHR

Depending on the size, setup, and HR headcount of your organisation, the person who has identified the initial need for new software might not be the senior HR lead. If that’s the case for you, you’ll also need to get your CHRO (or chief people officer, or HR director, and so on) on-side before they’ll consider approaching other executives. Let’s talk about how to prove value to your CHRO, so they’ll go to bat for you at the top table.

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Central Co-op introduces new financial wellbeing benefit

Employee Benefits

Central Co-op has launched a new financial wellbeing benefit that allows its 7,500 employees to access their earnings between paydays and offers financial guidance. The retail co-operative society has partnered with MHR to launch iTrent Financial Wellbeing benefit, powered by Wagestream, as part of its wider ‘We’ve Got You’ wellbeing campaign. The new benefit will allow employees to access up to 50% of their earned pay at any time during pay cycles, and offers professional financial guidance to

Retail 59
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What is PPO Insurance? Pros and Cons Explained

PeopleKeep

If someone has health insurance through their employer, also known as group health insurance , there’s a good chance their policy is a preferred provider organization (PPO) plan. Even if they don’t have group coverage, it’s likely their policy is a PPO plan. PPOs are the most common type of health plan available. KFF 1 found that 46% of the roughly 153 million Americans with employer-sponsored health coverage had a PPO policy.

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Reassured appoints new chief people officer

Employee Benefits

Life insurance broker Reassured has appointed Zoe Odusina as its new chief people officer as part of its corporate commitment to further growth plans. Odusina will report to Mark Townsend, chief executive officer (CEO), and will be a member of the senior leadership team. She will be responsible for the oversight and implementation of people-focused projects and initiatives, including the broker’s diversity, equity and inclusion strategy, employee value proposition, employee benefits, such as its

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Why (and How) to Switch to a New HR & Payroll Platform

Speaker: Speakers:

HR and payroll impact every aspect of your business. Choosing the right provider is one of the most important decisions you’ll make. Before you decide, hear first-hand customer accounts in Paycor’s webinar to learn: The three most important things to look for when switching. How to begin your search. What are some of the red flags?

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Ultrafabrics launches Pumice. An outdoor performance fabric collection inspired by the ocean

Workplace Insight

Ultrafabrics, the pioneer in sustainable performance fabrics, unveils Pumice, its latest outdoor performance fabric collection designed to bring the allure of underwater exploration to both indoor and outdoor active living spaces. Inspired by the mesmerizing beauty of the ocean’s depths, Pumice blends a refreshed colour palette with unparalleled durability, ensuring it withstands whatever Mother Nature delivers.

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Mony Group prioritises mental health with a range of wellbeing support

Employee Benefits

Technology-led savings platform Mony Group prioritises mental health and has a wide range of offerings to support its 630 employees’ wellbeing. The group owns comparison sites Moneysupermarket, Travelsupermarket and Icelolly, as well as consumer finance website Money Saving Expert and Quidco. Support for staff includes free membership to the Headspace app for employees and their families, a Thrive employee resource group which offers a safe space to talk informally, assistance from mental health

Finance 52
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California Court Extends Commercial Traveler Rule to Remote Camp Worker

The Workcomp Writer

In a decision that pushes the boundaries of the “commercial traveler” rule, a California appellate court has held that a 19-year-old food service worker at a remote fire camp was acting within the course and scope of his employment when he was injured in an off-site car accident while purportedly seeking cell phone service [ 3 Stonedeggs, Inc. v.

Food 52
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Severn Trent Services supports mental wellbeing through advice and apps

Employee Benefits

Severn Trent Services addresses its employees’ need for mental and emotional wellbeing support by offering access to specialist advice along with signposting to relevant resources. The organisation, which is part of water and wastewater services supplier Severn Trent Water Group, employs 389 members of staff. In terms of wellbeing support, it offers access to an employee assistance programme (EAP), which provides support for mental health, legal and financial issues.

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Transform Employee Wellbeing and Control Costs Through Data-Driven Strategies

In today's dynamic business environment, HR leaders face immense pressure to optimize costs while maintaining a competitive edge to attract, retain and engage their workforce. Gallagher can help you meet that challenge head-on. Our proprietary data and people analytics platform, Gallagher Drive ® , provides the elevated insights you need to make impactful program decisions that are aligned with your organizational goals and set your strategy up for long-term success.

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A large pay gap between business leaders and staff is bad news for businesses

Workplace Insight

Employees may be less productive and have more negative emotional experiences at work when there is a large pay gap between them and those in leadership roles, a new study shows. The ‘vertical pay gap’ between leaders and other employees has been found to have risen markedly over the past five decades. The new study, published in The Leadership Quarterly , claims to show for the first time that these pay gaps may make employees less willing to carry out what is asked of them or work for the good

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Alaska Supreme Court Narrows “Buddy” Exemption in Employer Status Determination

The Workcomp Writer

The Alaska Supreme Court has provided important clarification on the limits of the “buddy” exemption in determining employer status under the state’s Workers’ Compensation Act. In Amos v. Tidwell , 2024 Alas. LEXIS 77 (July 26, 2024), the Court addressed a case where Samuel Amos was injured while working on a shop construction project for David Tidwell.

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CNH factory workers in Basildon accept two-year pay deal

Employee Benefits

More than 500 production factory workers employed by agricultural machinery firm CNH have accepted a two-year pay deal , ending a long-running dispute. The workers, who are based at the firm’s Basildon, Essex factory, are members of trade union Unite. As a result of the deal, they will receive a weekly pay rise of £40 for the first year, with many seeing their wages increase by up to £100 a week in the second.

Finance 52
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Leveraging Total Rewards Statements to Enhance Your Employer Brand

COMPackage

A strong employer brand is essential for attracting and retaining top talent. A key component of this brand is the total rewards package offered by an organization. Total rewards statements serve as a powerful tool to communicate the value proposition of this package and enhance the employer brand. Total Rewards as a Branding Tool A total rewards statement is more than just a document detailing compensation and benefits.

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HR’s Complete 2025 Calendar of Important Dates

HR leaders can use this calendar from Paycor to track important HR and payroll tax dates. The 2025 calendar includes: Tax filing dates Federal reporting deadlines Bank holidays Links to relevant tax forms …and more! Get your 2025 HR calendar today!

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Billions’ worth of energy transition investment dollars present as WEX Venture Capital Summit kicks off

WEX Inc.

Sixteen venture capital funds representing an estimated $12 billion of assets under management, as well as startup founders, energy transition experts, and more are slated to descend on Portland, Maine for the inaugural WEX Venture Capital Summit , July 30-31. With the traditional fueling and fleet ecosystem evolving and the EV ecosystem rising to meet the changes, WEX announced WEX Venture Capital (WEX VC) one year ago as a strategic move to strongly position the company as an active participan

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Crafting Compelling Total Rewards Statements: Best Practices for HR

COMPackage

A well-crafted total rewards statement is more than just a document outlining an employee’s compensation package. It’s a powerful tool that can significantly impact employee satisfaction, engagement, and retention. To maximize its potential, HR professionals must approach the creation of these statements with strategic intent. Understanding the Core Purpose The primary goal of a total rewards statement is to communicate the full value of an employee’s compensation package.

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