Mon.Jun 03, 2024

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Research Note: The Value of Professional Employer Organizations as Strategic Growth Engines in Private Equity

3Sixty Insights

Myths and Misconceptions of PEOs and How They Can Bring Value to Businesses Private equity (PE) firms are laser-focused on maximizing profits with time-to-value standing as a key marker for successful portfolio investments. PE firms seek to engage with businesses that will deliver the high potential, performance, and revenue they look for to bring value to their investments.

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How employers can rectify the LGBTQ pay gap

Employee Benefit News

According to the Human Rights Campaign, LGBTQ+ employees make 90 cents for every dollar a cisgender, heterosexual employee makes.

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Idaho Withholding Tables Updated for 2024

PayrollOrg

The Idaho State Tax Commission has updated the withholding tables for 2024, due to a law change that lowered personal income tax rates. The revised withholding tables should be used going forward.

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Why employers should add child disability insurance to their benefits suite

Employee Benefit News

Juno is the first company to offer child disability insurance for workers in the U.S. Do employers need it?

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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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Recognition Improves More Than Engagement Scores

Employee Benefits

In a recent article on building an effective employee recognition scheme , we discussed the importance of making the right changes after a dissapointing engagement survey. But have you considered working proactively? Even if your engagement survey scores are gleaming, think about what improvements and experiments you could implement to ensure a positive workplace in years to come.

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10 Best HR Database Software in 2024

HR Lineup

In the dynamic world of human resources management, having the right tools can make all the difference. As we venture into 2024, the demand for efficient HR database software continues to soar. These software solutions streamline various HR processes, from employee data management to performance tracking and beyond. In this article, we’ll explore the top 10 HR database software options for 2024, each offering unique features and functionalities to meet the diverse needs of modern organizat

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Amid a retirement 'crisis', employers are still unsure how SECURE 2.0 can help

Employee Benefit News

Eighty percent of employers want to know more about how the retirement legislation can help their employees, but don't know where to start.

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Educating staff about at-retirement choices

Employee Benefits

Credit: Andrii-Yalanskyi/Shutterstock Need to know: Employees nearing retirement need to know if they can retire and what their options are. Employers can direct them to support from providers, send out newsmails or facilitate access to qualified financial advisers. It is important for employers not to be seen to be pushing people towards retirement or offering financial advice themselves.

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10 Best Payroll Software in India (2024): - Top Solutions Reviewed

Vantage Circle

What is Payroll Software? Payroll Software automates managing employee salaries, wages, bonuses, and deductions. It also tracks time off, vacation accrual, and benefits. Payroll software typically includes features such as tax calculation, direct deposit, employee self-service portals, and integration with other HR and accounting software. It is designed to help businesses accurately and efficiently manage their payroll processes in compliance with relevant laws and regulations.

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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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Howdens provides staff with valuable retirement-planning tools

Employee Benefits

Following a review of its pension scheme and a consultation in 2020, kitchen furniture manufacturer Howdens chose to close its defined benefit (DB) scheme in 2021. Alongside this, it improved its offer to employees through the defined contribution (DC) scheme, including increasing the core employer contributions significantly and introducing additional matched contributions up to 12%.

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Mismatched technology may be driving down productivity

Workplace Insight

A new poll from Apogee Corporation claims that current workplace environments are failing to cater to different personality types, leading to significant collaboration challenges, reduced productivity and potentially driving away ‘talent’ The survey of 1,001 UK employees in mid-sized businesses suggests that 79 percent of workers struggle with meeting technology when collaborating with colleagues.

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5 Ways to Celebrate Pride Month In Your Workplace

Employee Benefits

Pride Month is a vibrant celebration of the LGBTQ+ community, honouring their ongoing struggle for equality and acceptance. Starting in 1970, this celebration occurs worldwide to commemorate its roots in the Stonewall Riot of June 1969 (1). With over 1.5 million people in the UK belonging to this community, it is vital to consider how to make your workplace an open and respectful place for all (2).

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The benefits of freight factoring: Why you should start now

WEX Inc.

Most businesses today are built on some form of financing, whether that’s a business infrastructure loan or a long-term line of credit. The trucking industry is no different; however, many companies are not sure what kind of financing they need, which options are most valuable, or what fleet factoring can provide that a typical business loan cannot.

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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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City of London Corporation appoints executive director of HR and chief people officer

Employee Benefits

City of London Corporation has appointed Alison Littlewood as its executive director of HR and chief people officer. Since joining the corporation in June 2023, Littlewood has overseen the development of its first-ever people strategy, which aims to enable an inclusive, supportive environment where all staff can thrive. It was launched in tandem with its five-year corporate plan back in March, which was designed to focus on its ambition to be a world-class organisation that fully embraces the ne

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Electric vehicles: Easy at-home charging for commercial EVs

WEX Inc.

Electric vehicles (EVs) are becoming more popular every year. As more people switch from gasoline-powered vehicles to electric ones, the need for convenient and efficient charging solutions has grown. This trend reflects a move towards environmental sustainability and provides opportunities for businesses to boost their reputation as eco-friendly. However, the rise in EV adoption also brings some challenges, especially for businesses and employees who want to charge company vehicles at home.

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Scottish government introduces pay rise for public sector employees

Employee Benefits

The Scottish government has implemented a pay rise for public sector employees worth an average of 9.3% over the next three years. The 2024-25 Public sector pay policy details a framework for pay increases for civil servants and other public sector workers. Apart from senior civil servants, it applies to those working in 71 public bodies, including the Scottish Prison Service, the Risk Management Authority and Historic Environment Scotland.

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HR’s Guide to Complying with New Employee Benefits Transparency Rules

Pacific Prime

The Consolidated Appropriations Act, 2021 of the United States seeks to promote fairness, efficiency, and accountability with employer-sponsored health insurance. It aims to enhance transparency of healthcare costs and coverage details, so employees can make informed decisions. Pay transparency is another trend in the corporate world. It involves sharing employee salary information and compensation structures, The post HR’s Guide to Complying with New Employee Benefits Transparency Rules a

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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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Edinburgh Airport Services workers accept 12% pay increase

Employee Benefits

Credit: Serge Cornu / Shutterstock.com Around 50 workers employed by Edinburgh Airport Services have accepted a 12% pay increase and boosts to their shift rates and holidays. The employees, who are members of trade union Unite and are based at Edinburgh Airport, undertake various roles including customer services, drivers and baggage handlers. The organisation has been in operation since 2019 and signed a recognition agreement with Unite back in 2023.

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What is the role of a change manager?

Workplace Insight

There seems to be a constant debate as to when a change manager should join a project based on the perceptions of what a change manager does. Many change managers feel they are brought onto a change programme only once the programme/project team realise they need to start communicating to the business about the change. The fact of the matter is that although communication is a key element of generating change, it is not the sole element or what enables change to happen.

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Former sports centre director receives fine for withholding pensions information

Employee Benefits

A former director of 1066 Target Sports in St Leonards, East Sussex, has received a £15,000 fine for withholding legally-required pensions information. The Pensions Regulator formally requested information from Lee Bartholomew on 10 June 2020 as part of an investigation into allegations of fraudulent evasion relating to employee pension contributions.

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Monthly Research Recap | May 2024

3Sixty Insights

Upcoming Events Webinar: Strategies for Productivity, Talent Fit, and Business Performance | June 4th @ 9:30am PST Pamela Stroko, a seasoned HCM Leader with over 20 years of experience, has excelled in developing strategies that enhance employee experiences, drive productivity, and foster compelling cultures. In this Thought Leaders webinar, we’ll explore best practices in HCM leadership, the cost of inefficiency, the importance of talent fit and development, and unlocking employee po

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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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2023 Distinguished Employee – Michelle Goodwin

InterWest Insurance Services

Announcing 2023 InterWest Insurance Services Distinguished Employee Winner! Michelle Goodwin Director, Commercial Insurance Operations Hollister 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.

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A Complete Guide to Skill Will Matrix

HR Lineup

The Skill Will Matrix is a powerful tool used in management and leadership to assess and manage team members’ performance, motivation, and development needs. This guide will delve into the matrix’s intricacies, offering a comprehensive understanding of its application, benefits, and limitations. What is the Skill Will Matrix? The Skill Will Matrix is a diagnostic tool that helps managers evaluate employees based on two critical dimensions: their skill level and their will (motivation

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Skills gap analysis in 4 steps: How to identify and bridge talent gaps

Business Management Daily

A skill gap occurs whenever your employees need to possess all the desired skills your company needs to meet its goals and objectives. Skill gaps have become increasingly common in the United States, especially after the shift to remote work post-pandemic and the emergence of new technologies like artificial intelligence chatbots (ChatGPT and the like).

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Global Running Day: Fun Activities & Best Practices For The Workplace

Wellable

Explore Global Running Day activities for the workplace to cultivate a culture of health and inspire a sustainable shift towards ongoing physical activity. The post Global Running Day: Fun Activities & Best Practices For The Workplace appeared first on Wellable.

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4-Week Roadmap for New Hires

Nearly one-quarter of employees (23%) admit they’ve cried within the first week! Give new hires a positive start with this four-week onboarding roadmap. This schedule outlines all the turns, detours, and speedbumps new hires can expect in their first month. We’ve included suggestions for each week to help you make your new employees’ highway to success an easy road.