Patriot Software
AUGUST 29, 2022
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.
Achievers
AUGUST 4, 2022
Today’s job seekers are looking for a lot more than just a pay bump. Salaries matter, but if given the choice between working at an organization that offers higher pay and one with a reputation for providing a variety of exceptional incentives and other forms of recognition, many employees would choose the latter. That’s why taking a holistic approach to the value your company offers employees — rooted in the concept of total rewards — is so important when it comes to attracting, engaging, and r
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Money Talk
AUGUST 10, 2022
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
Patriot Software
AUGUST 31, 2022
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.
Advertiser: Paycor
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?
Achievers
AUGUST 30, 2022
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.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
Patriot Software
AUGUST 30, 2022
Employees love raises. Regular raises can improve employee happiness and put them in a better financial position. And, raises can reduce your employee turnover. You can give raises for merit or increasing job value. You might also give a cost of living raise. Employee raise expectations and employer plans are out of sync. Our free […] READ MORE.
Money Talk
AUGUST 30, 2022
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.
Employee Benefit News
AUGUST 18, 2022
HR Lineup
AUGUST 30, 2022
The HR department is the most important section of an organization since its role is to ensure the smooth running of business operations and employee satisfaction. While looking for an HR professional, you must ensure they possess the right skills required to execute specific duties. It is also crucial for existing HR professionals to develop new skills that will help them conduct their duties well and succeed in their roles.
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.
Take It Personel-ly
AUGUST 24, 2022
The holiday season is a time for giving, and what better way to spread some cheer than by surprising your colleagues with a little something extra? Whether it’s a festive treat or a heartfelt thank-you, these small gestures can go a long way in making your workplace feel more like home. Here are eight amazing […]. The post 8 Amazing Ways To Surprise Your Colleagues During The Holidays appeared first on Take It Personel-ly.
HR Bartender
AUGUST 23, 2022
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 ”.
Insperity
AUGUST 9, 2022
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.
Money Talk
AUGUST 25, 2022
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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Employee Benefit News
AUGUST 25, 2022
HR Lineup
AUGUST 8, 2022
Adopting many technological concepts has made the hiring process more efficient. These innovative techniques enable organizations to access the talent market and find the top applicants. Being so competitive, you must comprehend the distinctions between traditional and modern methods of recruitment, as well as when to use each. To provide insight into how they apply in recruitment and to help you make a decision based on your organization’s needs, we will examine the best modern recruitmen
Take It Personel-ly
AUGUST 15, 2022
The world of work is evolving, and many employees choose to no longer work traditional 9-5 roles as they used to. This fact is emphasised by the rise in the gig economy and the increased number of workers seeking multiple jobs that can be tailored to fit around their lives. There still remains a place […]. The post <strong>Debunking Common Myths About Full-Time Employment</strong> appeared first on Take It Personel-ly.
HR Bartender
AUGUST 14, 2022
Estimated reading time: 3 minutes. There’s a great series in Harvard Business Review talking about “ The Digitally Literate Organization ”. The first segment in the series is focused on giving everyone in the organization the capacity to innovate. There’s a lot of information to take in, but I would recommend checking it out when you have time. One of the pieces in the article that I particularly liked was a chart that outlined the stages of digital maturity.
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.
TLNT
AUGUST 17, 2022
Call me out-fashioned, but I’m firmly of the school that you can’t always believe everything you hear from business consultants.
Money Talk
AUGUST 3, 2022
As I wrote in my book, Flipping a Switch , the investment firm Nuveen, many years ago, created the advertising slogan “It’s not what you earn, it’s what you keep.” This phrase was designed to encourage investors to buy tax-free municipal bonds that provide a higher after-tax return than higher-yielding taxable bonds. In a more general way, the advertisement was also promoting the concept of tax-efficient investing.
HR Lineup
AUGUST 1, 2022
Thanks to several technological innovations, the modern hiring procedure is simple. It used to take a lot of time and effort to screen resumes and engage candidates in the hiring process, and even then, recruiters still made mistakes. The hiring process is now efficient, and talent management’s role in attracting and communicating with candidates has changed dramatically, according to firms that have incorporated artificial intelligence (AI)-driven technology into their recruitment strateg
Speaker: Jennifer Hill
Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.
International Foundation of Employee Benefit Plans
AUGUST 11, 2022
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.
HR Digest
AUGUST 22, 2022
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.
TLNT
AUGUST 4, 2022
Once upon a time, a significant percentage of organizations had policies against re-hiring former staff. These are people the HR community brands ‘boomerangs.’.
Money Talk
AUGUST 18, 2022
During this “Great Resignation” era when many workers are changing jobs or considering a job change, it is more important than ever to consider various types of employee benefits and their economic value. Also known as “fringe” (short for fringe benefits) or “perks.” employee benefits generally equal 25% to 50% of a worker’s gross pay. Thus, they are a key part of workers’ total compensation package.
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