Mon.Nov 18, 2024

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What is a Retainer in Recruitment?

HR Lineup

In recruitment, a retainer is a payment agreement between a company and a recruitment agency where the company pays an upfront fee to secure the agency’s services for filling a specific role. This model, known as retained recruitment, differs from the more common contingency recruitment, where payment is only made when a candidate is successfully placed.

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District Court Invalidates Rule Raising ‘White Collar’ Salary Threshold

PayrollOrg

On November 15, a district court vacated and set aside the U.S. Department of Labor’s (DOL) final regulations to increase the minimum salary level for the “white collar” exemption.

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Another year, higher healthcare prices: Are employers ready for 2025?

Employee Benefit News

Healthcare benefit costs will increase by 5.8% per employee, but that doesn't mean companies are powerless to do better by their workers.

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New Class-Action Lawsuits Target Group Health Plan Tobacco Surcharges

InterWest Insurance Services

A new wave of class-action lawsuits is targeting employers that apply health insurance premium surcharges to employees who use tobacco, accusing them of discrimination and violating the Employee Retirement Income Security Act (ERISA), according to two new blogs by prominent law firms. The lawsuits, according to a blog by Chicago-based Thompson Coburn LLP, assert that the surcharges are violations of fiduciary duty rules under ERISA, as well as discrimination regulations under the Health Insuranc

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Future-Proof Your Talent Pipeline

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?

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The case for housing assistance in employee well-being

Employee Benefit News

Redirecting $2,000 in rent toward a mortgage can lead to the creation of wealth totaling roughly $1.4 million over 30 years.

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What's on the minds of American workers

Employee Benefit News

Companies have been more vocal about the importance of addressing mental health since the pandemic, but their work isn't done.

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10 Practical Tips On Making Friends With Someone

BetterUp

Discover 10 practical tips on making friends, including starting conversations, finding common ground, and building lasting connections.

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IRS Creates Standardized Form for Section 83(b) Elections

Proskauer's Employee Benefits & Executive Compensa

Earlier this month, the Internal Revenue Service (IRS) released Form 15620 , which is an approved IRS form for making Internal Revenue Code (Code) Section 83(b) elections. By way of background, Code Section 83(b) provides taxpayers with the ability to include the fair market value of nonvested property over the amount (if any) paid for the property at the time of transfer in their gross income at the time of transfer, rather than when the property becomes vested.

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How to Create a 5-Year Plan: Real-World Examples and Actionable Tips

BetterUp

Learn how to create a 5-year plan to achieve your personal and professional goals. Discover practical steps, examples, and strategies for long-term success.

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Understanding Group Medicare for an Aging Workforce: Key Considerations for HR Leaders

Speaker: Shawnequa Albert

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.

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Hybrid working means people feel as if they are always at work

Workplace Insight

The increasing uptake of hybrid working could be encouraging workers to respond to work requests and communication as if they are ‘always on’, according to a Censuswide survey commissioned by Moneypenny of over 2,000 general UK consumers. The survey suggests that the majority (56 percent) are accepting work related communications out of hours. Of these workers, 13 percent said they’ve received work-related comms at any time of night or day.

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Canada Post Strike Announced: What’s Going to Happen to the Mail?

HR Digest

Postal workers play a critical role in any country, more so with the holiday season fast approaching. Taking a page out of the NYT tech workers’ books , the same employees who went on strike to stand up for their rights during a critical period for their organization recently, Canada Post workers are now on strike. Around 55,000 workers announced a nationwide postal strike in Canada, their first in 2024, and the first since 2018.

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Legal Traps to Avoid When Dealing with FMLA Requests

InterWest Insurance Services

When employee files a federal Family and Medical Leave Act request to either deal with a health issue or care for a loved one, their employer is often put in a tight spot, particularly if the person serves a vital role in their organization. There are also a number of rules that employers need to follow to avoid running afoul of the law and there are plenty who have been sued for it, a prospect that can be costly.

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Measuring Payroll Efficiency with Key Metrics and KPIs

JGA Recruitment

Modern businesses can’t afford to gloss over payroll performance; tangible measurements are essential to getting it right. Think of payment processing as a tightly wound spring, where one misplaced calculation can send the entire system flying off-kilter. Because mistakes can be costly, regular checks are necessary to keep payroll humming along trouble-free.

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Ready to Save Time With AI? Try 14 ChatGPT Prompts for HR

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.

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5 ways you can reduce fraud by choosing virtual cards

WEX Inc.

Nearly two-thirds of organizations were victims of attempted or actual fraud in 2022. By making changes sooner rather than later, you can protect yourself and your suppliers’ time and money. Here are 5 different ways to reduce the risk of virtual card fraud. Tighter timeline controls Revolutionizing payment security, virtual cards are an unparalleled deterrent against fraud through innovative features like one-time-use card numbers and tokenization.

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The Evolution of Cloud Technology in HR

JGA Recruitment

The way we manage HR has transformed dramatically, and a clear winner has emerged: cloud-based systems have become the cornerstone that matters most. Organisations are waking up to the fact that cloud HR solutions matter – it’s not just a technological upgrade, but a business imperative for creating efficient, connected teams. Understanding the Impact Cloud technology profoundly affects every aspect of HR operations.

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Employee offboarding best practices for a smooth transition

Higginbotham

Employee offboarding allows departing employees and their managers to take steps to ensure a smooth transition. Having an offboarding program can also keep an employee’s exit friendly and non-confrontational, helping to set the tone for how an organization values its employees, even as they prepare to leave the company. What is employee offboarding?

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Career pathing: Boost employee engagement & retention

Business Management Daily

As the name suggests, career pathing involves creating possible roadmaps an individual employee might follow to move from a current position to new roles at your company later on. In the complex modern workplace, however, such career progression often entails more than climbing the steps of a corporate ladder. Career pathing considers numerous factors.

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The Great Disruption: Leveraging AI To Better Your Benefits Strategy

Speaker: Joana Ardelean, MSHRM, PHR, SHRM-CP, CC

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.

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Warner Bros. Discovery Strikes 11-Year Deal With NBA After Legal Settlement

HR Digest

Warner Bros. Discovery has settled its breach of contract lawsuit against the National Basketball Association (NBA), as per report. The NBA and Warner settlement agreement will keep the media company in business with the league for the next decade. The accord gives Warner Bros. Discovery the ability to develop new shows with NBA content in the U.S. and abroad, and international NBA rights in parts of Northern Europe and Latin America excluding Mexico and Brazil.

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Navigating Budget 2024: key insights for HR and payroll

cipHR

Highlight reel National Insurance adjustments Minimum wage changes Employee benefits and taxation Apprenticeships and skills training Employment law and compliance updates HR and payroll best practices Decoding the National Insurance adjustments With Budget 2024 now unveiled, HR and payroll professionals find themselves navigating many changes, especially around national insurance.

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2023 Distinguished Employee – Ben Stultz

InterWest Insurance Services

Announcing 2023 InterWest Insurance Services Distinguished Employee Winner! Ben Stultz Commercial, Account Manager Chico Each year, InterWest recognizes employees who are identified by their co-workers as having demonstrated an extraordinary commitment to their clients, workmates as well as their community. This partnership between work and giving back makes them stand out for their invaluable contributions. _ Ben is always going the extra mile to complete a task or solve for a problem.

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People in wealthy societies are more motivated by money than those in poorer countries

Workplace Insight

Money has long been regarded as a key motivator in driving human effort. Yet, its effectiveness as a motivator varies greatly across cultures, as highlighted in recent research published in the journal Nature Human Behaviour. This study delves into the comparative influence of monetary and psychological incentives on motivation, specifically contrasting “WEIRD” cultures—Western, educated, industrialised, rich, and democratic—with non-WEIRD cultures, such as those in India, China, and

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10 HR Metrics for 2025: HR Data Toolkit

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!