August, 2022

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Reevaluating Your Payroll Processing Procedures: How to Know When It’s Time for a Change

Patriot Software

It’s always a good thing to reassess your business processes every once in a while. What can you improve on? How can you make processes easier? One process that many businesses struggle with is payroll. If your process is making you suffer, it’s time to switch things up by reevaluating your payroll process procedures. Payroll […] READ MORE.

Payroll 87
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Financial Aspects of “Unretirement”

Money Talk

The year 2021 was noteworthy for the “Great Resignation” as about 47 million people quit jobs last year. The year 2022 is equally noteworthy for a “Great Unretirement” as millions of older workers who left jobs during the pandemic decided to come back into the labor force. One study found 1 in 5 retirees were likely to start working again soon. Factors contributing to this trend include: 1. a high demand for workers (sometimes coupled with increased pay, signing bonuses, and/or remote-work flexi

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How to Gross up Payroll

Patriot Software

If you want to pay an employee supplemental compensation, such as a bonus or a relocation payment, you must withhold payroll taxes just like with regular wages. But, what if you want an employee to receive a specific amount after taxes? That is when you gross-up payroll figures. And to do that, you need to […] READ MORE.

Payroll 110
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C-suite vs employees: Closing the flexible work disconnect

Achievers

The world of work has changed. This may seem like an obvious statement after more than two years of working through a pandemic, an unprecedented resignation wave, and a looming recession. However, according to HR, more than half of company leaders don’t understand that organizations must change how they attract and retain employees to remain competitive. 56% of HR executives say their company leaders don’t appreciate that the world of work has changed.

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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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What Should a Financial Wellbeing offering Look Like?

Sodexo Engage

Summary: Why financial wellbeing matters. How does employee financial wellbeing affect business? What to include in your offering. How Sodexo Engage can support your financial wellbeing offering. The current cost of living crisis will be affecting all of your employees right now. Soaring inflation is impacting the cost of everything, from petrol at the pumps to the weekly shop, and the effects on wellbeing could be devastating.

Salary 98

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My Take-Aways from Retirement Planning Guidebook

Money Talk

I recently read Retirement Planning Guidebook , a 453-page tome by retirement researcher and American College professor Dr. Wade Pfau, cover to cover. As an age 60+ adult and a CFP® professional, I consider myself fairly well informed about retirement planning topics. Nevertheless, there was still many valuable insights. Whether you read this book completely, as I did, or use it as an “as-needed” desk reference, Dr.

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A Benefit to Attract and Retain Employees: Earned Wage Access

HR Bartender

Estimated reading time: 5 minutes. (Editor’s Note: Today’s post is brought to you by our friends at Wisely® by ADP , a suite of cost-effective pay solutions that helps organizations move to 100% paperless pay. The myWisely app has been recognized as the App of the Year at the HR Technology Conference. Congrats! Enjoy the article.). Several weeks ago, I published an article about “ 8 Employee Benefits Worth Considering to Attract and Retain Talent ”.

Payroll 142
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10 organizational culture qualities every company should have today

Insperity

When it comes to driving the success of your business, organizational culture is – without exaggeration – everything. It impacts the: Engagement and satisfaction of your workforce Cohesion and harmony among people Behavior of your people Leadership style in your organization, which has an effect on the relationships between managers and their direct reports Willingness of your organization to embrace change and evolve Innovation and creativity of your workplace.

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What is Stress? 3 Types of Stress and Ways to Manage Them

BetterUp

Jump to section. What is stress? What causes stress? What are the 3 types of stress? Symptoms of stress. 6 consequences of stress. 7 ways to fight stress. Know which types of stress require professional help.

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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.

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Important Leadership Skills for Workplace Success

HR Digest

Many factors contribute to workplace success. One of the most important ones is leadership skills for the workplace. Leadership is about more than just being a good boss. It’s about being a good leader. And when you’re looking for work, you want to know that your potential employer will be able to count on your leadership and team development skills—whether it’s in a team environment or when leading a project from start to finish.

Health 128
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Are you ready for NYC’s anti-bias AI law?

TLNT

On November 10, 2021, New York’s City Council enacted Int. No. 1894-A – legislation, (effective from 1 st January 2023), that requires employers to conduct a ‘bias audit’ on artificial intelligence (AI) technology used to review, select, rank or eliminate candidates for employment or promotion.

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Are You Wealthy?

Money Talk

The words “wealth” and “wealth management” are used frequently in advertisements for financial products (e.g., exchange-traded funds or ETFs and cryptocurrency) and financial services (e.g., specific investment advisory firms). This begs the questions “what, exactly, is wealth?” and “how do people know when they, themselves, are wealthy?” One online dictionary defines wealth as “an abundance of valuable possessions or money.

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Seventh Circuit Affirms Dismissal of ERISA Stock-Drop Case

Proskauer's Employee Benefits & Executive Compensa

Since the Supreme Court’s ruling in Fifth Third Bancorp v. Dudenhoeffer , courts around the country have overwhelmingly rejected ERISA fiduciary-breach claims by 401(k) plan participants seeking relief related to investments in company stock funds. The Seventh Circuit recently continued that trend by affirming the dismissal of claims brought by participants in the Boeing 401(k) plan, but did so on grounds that (i) the fiduciary responsibilities associated with the company stock fund had been de

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How to Make The Best Benefits Decisions for 2025's Workforce: An HR and Total Rewards Guide

Speaker: Kaitlin Ruby Carroll

Retaining top talent in 2025 means rethinking benefits. In a competitive job market, fertility benefits are more than just offerings - they are a commitment to your team’s well-being. Gain critical insights into the latest fertility benefits strategies that can help position your organization as an industry leader. Our expert will explore the unique advantages and challenges of each model, share success stories from top organizations, and offer practical strategies to make benefits decisions tha

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8 things great leaders make time for every day

Insperity

In a time where hybrid work is king, the Great Resignation continues to pull competitive talent in all directions and a recession clouds the market, great leadership remains a crucial element of business continuity and success. So, what makes a great leader? There are common answers that scratch the surface: Great leaders can be generally described as good communicators, strategic, motivational, authentic, easygoing and more.

401(k) 111
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How to Deal With Disappointment: 5 Ways to Get Over it

BetterUp

Jump to section. What is disappointment? 5 ways to deal with disappointment. What are the causes of disappointment? Is feeling disappointed good for you? Know when to look for help. We’ve all felt waves of disappointment when something doesn’t go according to plan. Whether it’s canceling a wedding due to a global pandemic or missing out on the promotion you wanted, learning how to deal with disappointment is just part of life.

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5 Principles for Creating a Successful Workplace

HR Digest

To have a successful workplace, there are certain principles that your company has to abide by. This will help to improve workplace productivity and a great work environment. Certain organizations without principles set aside for employers and employees to live by tend to have issues from time to time. When we say issues, we mean big issues. That’s why it is very important to have workplace strategies for managing diversity in the workplace.

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Creating a company culture that welcomes ‘boomerang’ employees

TLNT

Once upon a time, a significant percentage of organizations had policies against re-hiring former staff. These are people the HR community brands ‘boomerangs.’.

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Reduce Bias in Hiring: Structured Interview Questions for Employers

Structured interview questions are a valuable tool for reducing bias in hiring. They help: Ensure all candidates are asked the same questions in the same way Level the playing field so all candidates have a fair chance of being successful Improve credibility, reliability, and validity Download the guide to get the most out of your interview questions!

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U.S. rent’s on the rise: How to fight housing insecurity for all employees

Best Money Moves

U.S. rent’s on the rise: How to fight housing insecurity for all employees. Help your employees combat housing insecurity with financial education resources and other strategies. . Whether you’re buying or renting, housing is less affordable today than it was a year ago. Rental prices have risen 15%, according to Redfin data , and the Federal Reserve recently announced another interest rate hike, which will raise the cost of mortgages.

Education 111
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DOL Proposes Significant Changes to the QPAM Exemption – What You Need to Know

Proskauer's Employee Benefits & Executive Compensa

On July 27, 2022, the U.S. Department of Labor (the “DOL”) issued notice of a proposed amendment (the “Proposed Amendment”) to Prohibited Transaction Class Exemption 84-14 (which is commonly referred to as the “QPAM Exemption”) that would (as described in more detail below) significantly amend certain of the exemption’s conditions, including: increasing the equity/net worth and assets under management thresholds to qualify as a “qualified professional asset manager” (“QPAM”); adding a new requir

Banking 111
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Three Back-to-School Opportunities for Employers

International Foundation of Employee Benefit Plans

Ahhhh, the smell of fresh folders, pencils sharpened to perfection and the crack of that first marker opening. Oh, is it just me that gets excited about. Read more > The post Three Back-to-School Opportunities for Employers appeared first on Word on Benefits.

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Time management techniques to improve productivity and reduce burnout

Business Management Daily

Good time management is one of the most important skills that you can develop in your life and career. It can help employees and business owners improve their own productivity and better work towards long-term goals. Many people struggle with procrastination and it can add a lot of stress to your work day. Getting things done at the last minute often produces lower quality work and creates anxiety.

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The Diversity Reckoning: Can HR Survive Without New Perspectives?

Speaker: Jeremy York

2024 has tested every organization, and 2025 promises no less - the warning signs are everywhere. If you’re relying on superficial approaches to diversity, you might find yourself scrambling to catch up. Thought diversity - the fuel for new ideas, fresh perspectives, and disruptive innovation - is more than a buzzword. It's a survival strategy. And if you’re not building it into your workplace culture right now , you’re heading for trouble.

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10 Tough Questions You Must Ask In Your Next Job Interview

HR Digest

When you’re in a job interview, the more prepared you are, the better your chances of landing that dream position. Having these 10 tough interview questions and answers will help you get ahead of the competition and show your interviewer that you’re a go-getter who won’t be satisfied with anything less than a dream job. What are the tough questions to ask in an interview?

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Want your organization to be successful tomorrow? Focus on a skills-based approach today

TLNT

Call me out-fashioned, but I’m firmly of the school that you can’t always believe everything you hear from business consultants.

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4 Benefits to Support LGBTQ+ Employees in the Workplace

Best Money Moves

4 benefits to support LGBTQ+ employees in the workplace. These 4 key benefits can provide additional support to the unique challenges facing LGBTQ+ employees in the workplace. Members of the LGBTQ+ community report disproportionate levels of financial stress compared to straight and cis-gendered peers. In a survey of 2,005 LGBTQ+ Americans conducted by the Motley Fool , over two-thirds of respondents rated their financial stress as “very high.

Finance 111
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For true inclusion and belonging, focus on the locus

BetterUp

The past two years have thrust diversity, equity, inclusion, and belonging (DEIB) initiatives to the forefront in professional spaces. Racial justice movements, a devastating pandemic, fast-changing (and ever-shifting) workplace dynamics , and social and political unrest have required organizational leadership to reassess values — and quickly.

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Testing Innovations in Cancer: How to evaluate and use new technologies

Amidst rising cancer prevalence and soaring costs, new cancer technologies and innovations are emerging to support the early detection, treatment, and surveillance of cancer. Read this guide to understand how to evaluate these solutions for your employees and members – and to learn more about the current state of coverage, clinical and cost effectiveness, and impact on quality and outcomes.