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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.
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.
Get ready for the future of business. As HR navigates an ongoing labor shortage, leaders need stronger, more adaptable recruiting strategies. Do you have the tools you need to build a talent pipeline that drives sustainable business growth?
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
The way organizations treat death and dying in the workplace is not only antiquated but largely inaccurate, an expert says.
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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.
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.
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.
As our workforce evolves, so must the way we support it. With more employees choosing to work beyond age 65, HR leaders are increasingly being called upon to guide aging employees through one of the most complex transitions in their professional lives - from employer sponsored plans to Group Medicare. Without clear guidance, confusion around eligibility, coverage options, and cost implications can lead to uncertainty and missed opportunities for optimized 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.
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.
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
ChatGPT is a powerful tool that can help you quickly brainstorm, draft, and refine tasks on your to-do list. But it can take a bit of strategy and practice to get generative AI to give you the time-saving results you’re looking for. Try these 14 detailed prompts to unlock the power of ChatGPT. You'll discover ways to streamline tasks for hiring, employee engagement, and performance management.
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.
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
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
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
The benefits landscape is shifting rapidly, and AI is at the center of this transformation. From optimizing health and wellness programs to predicting future benefits needs, AI is empowering HR and total rewards leaders to make smarter, more proactive decisions. The challenge? Understanding where AI fits in your strategy and how to leverage it effectively while keeping employee well-being at the forefront.
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.
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.
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.
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.
The right HR metrics can illuminate hidden trends, justify decisions to the C-suite, and give you an edge in this unpredictable economy. Download Paycor’s guide and learn how to calculate your: Cost-per-Hire Total Financial Impact of Absences Voluntary Turnover Rate And more!
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.
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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