Fri.Nov 01, 2024

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IRS Announces 2025 Retirement Plan Contribution, Benefit Limits

PayrollOrg

The IRS announced the changes to the dollar limits on benefits and contributions under qualified retirement plans for tax year 2025.

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Are You a Frequent Job Hopper? Consider Its Impact on Retirement

HR Digest

The Great Resignation may have presented us with the peak number of workers quitting their jobs and moving on to new opportunities elsewhere, but the trend of job hopping didn’t start or end there. Most employees work with multiple employers over the course of their career but even moderate instances of job hopping can have a lasting impact on their retirement fund.

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Hire for values as you solve the talent shortage

Business Management Daily

By Karl Ahlrichs You don’t make bad hires on purpose. Humans act on first impressions. Decades ago, Lou Adler said that “making decisions based on emotions, biases, chemistry, personality and stereotyping cause more hiring mistakes than any other single factor.” Sadly, it is still valid. Flaws in current hiring processes Your existing hiring process, based on “the way we’ve always done it,” is probably wasting time.

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Tactics for Reducing Employee Absenteeism and Enhancing Workforce Retention

Qandle

For many organizations, absenteeism is a pressing issue that can lead to lower productivity, diminished employee morale, and adverse financial outcomes. When employees are frequently absent, it disrupts workflows and adds stress for those who must cover for them. The causes of absenteeism are multifaceted, ranging from health concerns and job unhappiness to personal life challenges.

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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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HR professionals must brace for election fallout

Employee Benefit News

Employers will need to contend with a range of issues once the 2024 election is over next week, including potential changes to regulations and tension within the workplace.

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Monthly Research Recap | October 2024

3Sixty Insights

Recent Research: Market Alert: Unlocking Hiring Efficiency: Paychex’s New AI Recruitment Tool for SMBS Paychex has introduced Paychex Recruiting Copilot, an AI-powered recruitment tool designed to help small- and medium-sized businesses (SMBs) streamline their hiring process. Partnering with Findem, the solution enables businesses to quickly identify and engage qualified candidates through an AI-driven search engine that analyzes job requirements, candidate skills, and experience.

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Celebrating and honoring WEX veterans and their families on Veterans Day

WEX Inc.

Veterans Day was established on November 11, 1918 to commemorate the end of World War I. It was originally called “The Armistice,” marking a cessation of hostilities, the end of the war, and victory for the Allies. It put a line in the sand at the end of one of the most devastating conflicts in history. In 1954, after the conclusion of the Korean War, the U.S. officially named the holiday “Veterans Day” to honor all American veterans.

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Trying to skip out on RTO mandates? You're not alone

Employee Benefit News

According to ResumeBuilder, workers aren't following their company's RTO policy as the fight for flexibility continues.

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Total Compensation Report: A Sample Guide for Effective Communication

COMPackage

In today’s competitive talent landscape, transparency in compensation is key. Employees crave a clear understanding of not just their base salary, but the entire value proposition offered by their employer. Enter Total Compensation Reports (TCRs). These reports paint a complete picture of an employee’s compensation, fostering trust, engagement, and a win-win situation for both the employer and employee.

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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.