January, 2023

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Where should employers draw the line with benefits provision?

Employee Benefits

If employers are not seeing a return on their investment in benefits or schemes are not achieving their desired aims, such as increased employee engagement or retention, then they might be spending too much. Employers should consider whether they are offering benefits to be viewed as an attractive place to work or because they genuinely want what is best for their staff.

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How to integrate employee benefits and company culture

Employee Benefit News

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Pros & Cons Of Auto-enrolling Employees In A 401(k) Program

Genesis HR Solutions

Should you auto-enroll your employees into your company’s 401(k) program? You don’t need to shake a magic eight ball to make a decision. Instead, take a look at the pros and cons, and then make an educated decision for your company. What is automatic enrollment? Automatic enrollment is exactly what it sounds like—you, the employer, automatically enroll your employees into your organization’s 401(k) plan.

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A Complete Guide on Salary Transparency

HR Lineup

Salary transparency is the practice of openly disclosing the wages and salaries of all employees within an organization. It has gained popularity in recent years as a way to promote fairness and equity within the workplace. However, implementing salary transparency can be a complex process, with various considerations to take into account. This guide will provide a comprehensive overview of salary transparency, including its benefits, how to successfully implement it within your organization, an

Salary 243
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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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55% of UK staff want more reward and recognition investment

Employee Benefits

More than half (55%) of UK employees want their employer to increase its investment in employee reward and recognition, according to reseerch by employee engagement platform Reward Gateway. Its 2023 Employee engagement trends report, which surveyed more than 3,000 employees across four global regions, also found that more than half of UK respondents frequently experience stress at work.

Health 115

More Trending

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How 401(k) advisers can uncover and engage with client prospects

Employee Benefit News

401(k) 312
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4 steps to a great employee experience strategy

Achievers

Employees and job candidates now look far beyond salary when deciding whether to remain at or join an organization. While great compensation and benefits still matter, factors like inspired company culture, and truly engaging work are more important than ever. In short, people are looking for a great employee experience that lasts from the moment they apply for a job until the day they leave the organization.

Health 326
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IRS Opens IRIS Portal to File Forms in 1099 Series

PayrollOrg

On January 25, the IRS opened its new Form 1099 filing portal, the Information Returns Intake System (IRIS). IRIS can be used by businesses that have received their IRIS Transmitter Control Code (TCC).

IT 260
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Ten Upsides of Inflation

Money Talk

The year 2022 was chock full of news about inflation, with a year-to year Consumer Price Index increase of 9.1% in June and a still-high 6.5% CPI at year-end. Not surprisingly, much of the news was negative; e.g., soaring prices for food, gas, utilities, cars, insurance, and more. What often gets lost in conversations and media reports about inflation are the ways that some people can benefit from it.

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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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HR Goals and Objectives 2023

HR Lineup

Human resources (HR) plays a crucial role in the success of any organization. As the department responsible for managing and developing the workforce, it is essential that HR goals and objectives are aligned with the overall strategy and goals of the company. With the fast-paced changes in technology, globalization, and shifting workforce demographics, HR professionals must be adaptable and proactive in order to stay ahead of the curve.

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Five ways to get the pay rise you deserve

Take It Personel-ly

Think you deserve a pay rise but don’t know how to ask for one? Then you need this latest guide from financial solutions provider NetCredit. It outlines five work scenarios where you’re completely justified in asking for a raise and what to do and say to ensure you get it. Scenario one: More responsibility Taking […] The post Five ways to get the pay rise you deserve appeared first on Take It Personel-ly.

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Work-life balance matters to employees — how to find out if it matters to a company

Employee Benefit News

IT 353
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2023 HR Trends: A Look Ahead

HR Digest

As the world continues to evolve at a rapid pace, HR trends in 2023 are expected to follow suit. From the incorporation of technology to shifts in company culture, HR professionals and thought leaders are keeping a close eye on what the future holds for the industry. One of the biggest global HR trends for 2023 is the increasing importance of diversity, equity, and inclusion.

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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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State Electronic/Magnetic Media W-2 Reporting Deadlines Are Approaching

PayrollOrg

Most states require Forms W-2 to be filed with their tax departments electronically or on magnetic media by January 31, 2023. The due dates are in February for the other states with electronic and magnetic media Form W-2 reporting requirements.

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2022 Personal Finance Year in Review

Money Talk

Last month, I presented my eighth annual (2022) Personal Finance Year in Review webinar for OneOp. Below are dozens of important events and trends from the past year: High Inflation- The consumer price index (CPI) started out the year at a 12-month percentage change of 7.5% in January 2022, reached a year-to-year high of 9.1% in June 2022, and stood at 7.1% in November.

Finance 244
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The Complete Guide To Employee Check-Ins

HR Lineup

Employee check-ins are a crucial part of any business, as they provide managers and supervisors with an opportunity to assess employee performance, provide feedback, and identify any issues that may be impacting productivity or job satisfaction. These check-ins can take many forms, from formal evaluations to informal conversations, and can be conducted on a regular basis or as needed.

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Which countries give workers the most paid vacation days?

Take It Personel-ly

1938 was a landmark year for workers’ rights. Following decades of pressure from unions and the International Labour Organisation, the UK government passed the Holiday with Pay act; it meant that, for the first time ever, workers were entitled to one week of paid vacation time every year. But the job wasn’t done yet. The […]. The post Which countries give workers the most paid vacation days?

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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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Caregiving is a fundamental driver of mental health challenges: 3 big ways employers can help

Employee Benefit News

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Changes in Management HR Should Consider In 2023

HR Digest

It’s no news that the business world will experience changes in management in 2023. And HR is going to have to keep up. The new year is here, so it’s time for HR professionals to start thinking about how they’ll be ready for the future. HR leaders are always looking for ways to improve their employees’ lives and the company’s bottom line.

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APA’s Past, Present, Future—Bright, Brighter, Brightest Yet

PayrollOrg

Discover what makes Executive Director Dan Maddux a great leader and mentor and how he continues to be a positive influence in the lives and careers of the payroll professionals and staff he’s come across during his tenure with the APA.

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More Thoughts About Inflation

Money Talk

In earlier posts, I discussed ten upsides of inflation and inflation-fighting strategies. Inflation continues to be in the news so below are some additional insights that I shared recently at a class about inflation-fighting strategies for older adults. UPH is Real - Many people are feeling the effects of “unexpected price hikes” (UPH), a term coined in a T-Mobile ad.

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Navigating Payroll Compliance: Future-Proofing Payroll in an Evolving Regulatory Landscape

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.

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How to Write a Perfect Candidate Rejection Email?

HR Lineup

A candidate rejection email is a message that an employer sends to a job applicant to inform them that they have not been selected for the position for which they applied. This email is typically sent after the employer has completed their review of all the applications and resumes, and has selected the candidate they believe is the best fit for the job.

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8 little-known benefits of employee assistance programs

Insperity

It is often assumed that employee assistance programs (EAPs) are only for people seeking counseling and mental health support. Of course, an EAP provides those services, but that’s not the extent of what an EAP can do – not by far. In fact, that’s just the tip of the iceberg when it comes to EAP benefits. What are EAPs used for? With any EAP, the goal is to lift weight from employees’ shoulders and give them peace of mind so they can focus their attention on work and achieve better work-life bal

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Sending employees back to school: Andersen launches customized, free MBA program

Employee Benefit News

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Trauma in the Workplace: What It Is And 5 Ways Leadership Can Help

BetterUp

Jump to section What is trauma in the workplace?

IT 126
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Where You Can and Absolutely Cannot Cut Costs Corners in Benefits Administration

Managing benefits administration is costly, and cutting corners in the wrong places can lead to disengaged workforces and the risk of non-compliance. This eBook from Selerix highlights areas where you can save without compromising the value of benefits. Proactively Thinking: Make decisions for the long run. Discover ways to be proactive in your decision-making to save money in the future, not just temporarily.