Sat.Sep 07, 2024 - Fri.Sep 13, 2024

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Understanding employee turnover rates

Achievers

Employee turnover rates are a crucial metric for organizations to monitor, as they show how frequently employees leave the company. Beyond just tracking numbers, understanding turnover rates requires identifying the root causes of employee departures and developing effective retention strategies in response. In this article, you’ll learn the common reasons for high employee turnover, how to develop an effective formula to measure it, and actionable strategies to mitigate it.

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A data-driven approach to health plan management for SMBs

Employee Benefit News

Information is being leveraged to inform and guide decision-making in the face of escalating healthcare costs without much transparency and accountability.

Insiders

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Redefining employee experience: What’s changed and why it matters

Insperity

Employee experience may sometimes feel like a buzz word to describe a never-attainable target of an ideal workspace where employees are happy, nurtured, fulfilled and productive 100% of the time. That sounds amazing, but it doesn’t really reflect the reality of focusing on employee experience or, more specifically, the evolution of employee experience and how to make strategic changes to nurture your workforce and move engagement – and ultimately your bottom line – in a positive direction.

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ACA Affordability Percentage Increases to 9.02% for 2025

PayrollOrg

The IRS released its annual inflation adjustment to the percentage of household income used to determine whether an employer’s offer of health care coverage under the Affordable Care Act (ACA) is affordable.

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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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Does The ICHRA Satisfy The Employer Mandate?

PeopleKeep

If the federal government considers your organization an applicable large employer (ALE), you’re subject to specific Affordable Care Act (ACA) rules. Navigating the ACA can be difficult, especially if it’s your first time. But, understanding the employer mandate is especially important to avoid steep penalties. The employer mandate requires ALEs to offer employee health coverage that meets specific affordability and value standards.

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$0 copays and deductibles? Curative is helping companies make their healthcare plans accessible

Employee Benefit News

Curative, a healthcare services firm, is working to slash costs and encourage workers to seek treatment earlier.

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Engage in Peer-to-Peer Networking With New Global Forum

PayrollOrg

PayrollOrg is excited to announce the launch of The Global Forum, the newest addition to The Payroll Community. Learn how to use the forum to network with your global payroll peers, ask questions, and stay on the forefront of industry trends.

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Reskilling: Prepare your workforce for the future of work

Business Management Daily

According to the World Economic Forum (WEF), the world has desperately needed a reskilling revolution since 2020, and the problem has only been exacerbated in the years since the pandemic. Why is that? There are many reasons, including new technology like artificial intelligence, a retiring workforce, the prevalence of remote work, and Industry 4.0 (the Fourth Industrial Revolution).

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Next-Gen Support: Transforming Customer Experience with Speed and Precision

Darwinbox

We’re pleased and quite excited to share that we’ve updated and enhanced our Customer Support function to solve for greater speed, transparency, and making deeper expertise available to you. While continuing to innovate to ensure that you, our customer, get top-quality and timely support for your queries and issues, the ongoing enhancement of our offering is highly dependent on YOUR input.

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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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5 good habits essential for a successful career

Employee Benefit News

A workplace expert shares how improving workplace routines is crucial to finding long-term success.

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Employee Benefits in the Age of a Changing Workforce

TalentCulture - Employee Benefits

Sponsored by Alpha Dental. In this episode we are discussing the world of employee benefits. We will uncover what benefits appeal to different generations, how technology plays a role, and how to effectively capture ROI. We will delve into what benefits to offer, how to helpfully communicate with employees, and how and why to use […] The post Employee Benefits in the Age of a Changing Workforce appeared first on TalentCulture.

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Ready for a Re-Do? Pros and Cons of Rehiring Former Employees

HR Digest

Where do you stand on rehiring former employees? Once a connection is severed, gently or not, do you believe an employee can find their place within an organization once more? Every organization has its HR policies or rehiring, and none of them are objectively right or wrong. Some businesses have no qualms about welcoming a former employee back into its fold, while for others, once an employee chooses to leave or is asked to go, there can be no security in hiring them back.

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Planning Ahead for Widowhood: Changed Income and Expenses

Money Talk

I live in an age 55+ community in Florida and have observed conversations among residents (primarily women) who are mentally preparing for widowhood. They know the statistics about women outliving men and have done the math. This is especially true for those who are younger and have better health habits than their husbands. A few have plainly stated “as soon as he dies, I’m outta here,” to reduce expenses or to live closer to family or in a lifecare community or assisted living facility.

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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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Why more companies should brace for ERISA lawsuits

Employee Benefit News

Troy Sisum, chief legal officer of Imagine360, explains how employers can avoid litigation over their health insurance plans.

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Five Use Cases for HR Microsites

Flimp Communications

Reaching employees with critical information is no easy task in the modern working world. Sometimes it can seem like nobody reads their email anymore. And you can forget about traditional outreach methods like fairs and flyers. Those would require employees to actually be in the same location at the same time — which rarely happens since hybrid and remote work became the norm.

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No-call no-show: Crafting an effective employee absence policy

Business Management Daily

Employers and managers can find it challenging to manage employee attendance issues. Excessive absenteeism and employees constantly coming in late can disrupt business operations and inconvenience customers and coworkers. One particularly frustrating issue is no-call no-shows. Learn how to craft a no-call-show policy to address this particularly disruptive form of unscheduled absence and prevent it from occurring.

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Boeing Labor Deal Promises 25% Pay Raise over the Next 4 Years

HR Digest

After a brief but tense standoff between the union and organization, Boeing has struck a tentative 4-year labor deal with its workers, putting off any imminent strikes and protests. The Boeing union strike was only narrowly avoided as it was scheduled to begin on September 12, when the existing contact between the two parties was set to expire. Now, union members will have to vote on the tentative deal on September 12 to show either support or dissatisfaction with the terms of the agreement.

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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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25 companies with the most remote job openings

Employee Benefit News

Looking for a job that lets you work remotely? Check out these employers for flexible opportunities.

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8 essential fleet driver safety tips

WEX Inc.

In 2021 alone, there were more than 39,000 fatal motor vehicle crashes in the United States, killing nearly 43,000 people, based on the most recently available data from the Insurance Institute of Highway Safety. Moreover, motor vehicle accidents are the cause of 38% of all work-related deaths in the U.S., according to the National Safety Council (NSC).

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Proximity bias in the workplace: What you see isn’t what you get

Business Management Daily

You’ve heard the phrase, “The squeaky wheel gets the grease.” It implies that people pay more attention to what catches their eyes or ears than to what they don’t notice, like driving for thousands of miles without an oil change but panicking at the mere sight of a cracked windshield. There are more significant threats than car troubles—tyranny, global warming, “Baby Shark” on repeat—but being unable to get around town will directly affect your daily life, so

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PwC Set on Monitoring Employee Location to Guarantee RTO

HR Digest

In January, PwC plans to start monitoring the location of its workers in the UK to ensure that they follow the guidelines of the hybrid model and return to the office on a regular basis. Workers are expected to work from the office at least three days a week but globally, employees have been known to prefer working from home. PricewaterhouseCoopers’ worker tracking system will use location data from the employees to confirm that they are returning to the organization as scheduled.

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10 HR Metrics for 2025: HR Data Toolkit

The right HR metrics can illuminate hidden trends, justify decisions to the C-suite, and give you an edge in this unpredictable economy. Download Paycor’s guide and learn how to calculate your: Cost-per-Hire Total Financial Impact of Absences Voluntary Turnover Rate And more!

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The naked truth about my HR nonprofit journey

Employee Benefit News

Devoting time and energy to making a social impact can be a highly rewarding experience whose mission, vision and purpose is greater than the individuals leading the teams.

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Employee Motivation Tools: How to Inspire and Energize Your Team

Empuls

Over 70% of workers are signaling a powerful message: they want their employers to do more to ignite their passion and motivation. It's not just about the paycheck anymore—employees are yearning for purpose, recognition, and growth. The key to unlocking this potential? Cutting-edge employee motivation tools that can transform your workplace into a hub of inspiration, energy, and unstoppable performance.

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Leadership skills for new managers: 5 essential competencies to master

Business Management Daily

New managers, brimming with enthusiasm, step into their roles, eager to prove their value. They desire their superiors to acknowledge the wisdom behind their appointment to this leadership position. Simultaneously, they strive to earn the respect of their team members and cultivate a collaborative environment that functions seamlessly. However, new leaders soon realize that mastering all their leadership skills at once is impractical.

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Working Out the Details of an Employee Onboarding Checklist

HR Digest

Ever thought about creating an employee onboarding checklist to make the process of welcoming an employee to the company more seamless? Many of the steps in the onboarding process seem obvious and easy to remember, but during the rush of actually helping an employee settle in, many details slip through the cracks. Some forms don’t get filled in and other times, the employee isn’t introduced to a company member who they need to coordinate with for specific information.

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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.