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Recent legislation delays the collection of the employee-paid payroll tax to fund the Washington long-term care insurance plan until July 1, 2023. Employers must refund the payroll tax already collected to employees.
Nowadays, employers are transitioning to storing employee records electronically. While making the transition can be an easy decision, you need to understand how to set up an electronic record-keeping system that works best for your business. This means that employers should learn to organize electronic HR files to meet organizational and federal compliance needs.
Everyone knows that the way business is conducted has changed drastically over the last couple of decades. Customers everywhere are searching for new solutions to get the products and services they need at a faster rate, and this leaves businesses wondering how they can better provide what the customers need in order to survive themselves. […].
After work, commuting, eating, sleeping, and/or exercise, many people have less than five hours on a typical weekday to manage everything in their life, including personal finances. Weekends are even more hectic with household chores and family activities. How do you take charge of your finances when time is at a premium? With “low-maintenance” strategies to simplify financial tasks and investment decision-making.
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?
Estimated reading time: 4 minutes. (Editor’s Note: Today’s article is brought to you by our friends at ADP , a comprehensive global provider of cloud-based human capital management solutions. Industry analyst firm Nelson Hall recently identified ADP as a leader in both the small and medium business as well as mid to large market segments. Congrats to them!
As an employer or business owner, there are various taxes that the federal and state government requires you to pay. For instance, the W-2 employee (FICA) tax requires you to withhold your workers’ money to cater for medicare and social security taxes. With the W-2, employers will also contribute a share of those taxes. In addition, business owners should pay SUTA and FUTA taxes to the federal and state government.
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As an employer or business owner, there are various taxes that the federal and state government requires you to pay. For instance, the W-2 employee (FICA) tax requires you to withhold your workers’ money to cater for medicare and social security taxes. With the W-2, employers will also contribute a share of those taxes. In addition, business owners should pay SUTA and FUTA taxes to the federal and state government.
When the Covid-19 Virus pandemic hit, it changed the way we all worked – whether we wanted to or not. Suddenly, people no longer had to go to the office but work from home, and businesses had to figure out how to keep things running smoothly. For many companies, this was a big challenge. But […]. The post How COVID-19 Has Changed The Way We Work appeared first on Take It Personel-ly.
The way employers care for and support their people has come under increasing focus over the last two years. But the long-term effects of the Covid-19 (Coronavirus) pandemic will mean changing employee expectations and growing wellbeing issues are driving employers to have to commit more to employee wellbeing. We have seen a generational shift in attitudes to wellbeing because of the pandemic.
Leveraging the latest technology in human resource management can be game changing for your organization, offering immediate benefits like convenient access to HR documents, integrated employee information and powerful workforce analytics. But there are several lesser-known benefits many employers just don’t think about when first considering upgrading their HR technology.
The last two years have been traumatic and overwhelming for the whole world. The Pandemic changed the way the world functioned in many ways. 2021 was expected to ease things a bit, but the resurgence of variants of the virus put paid to any plans of return to normalcy. And as the Omicron variant spreads across the globe, all plans for a complete return to the office is anyone’s guess.
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.
By giving employees better perks, businesses can retain them without much trouble. Plus, it won’t be as difficult to recruit new talent, either. Here are 5 ideas you can use to improve your company’s perk structure. 1. Give Them Scheduling Flexibility One of the most challenging parts of any job is how it eats up […]. The post 5 Luxury Perks Businesses Can Offer Their Employees appeared first on Take It Personel-ly.
More than six in 10 low-paid workers believe receiving the real living wage would improve their mental health , research has revealed. The poll of 1,702 adults in full-time employment but earning less than the real living wage , carried out by the Living Wage Foundation and market research agency Survation, also found that the same proportion (63%) believed their family lives would improve.
4 reasons to care about employee financial wellbeing. Thanks to the pandemic, employee financial wellbeing is a huge point of focus for many workforces. Here’s why that should matter to your team. According to a 2021 Bank of America study, 95% of employers feel a sense of responsibility for their employees’ financial wellness. Indeed, employee financial wellness is the new normal for organizations — and for good reason.
As the wellness industry continues to grow, its evolution must be guided by a common set of standards that allow incoming and seasoned professionals to assess their skills, determine whether they have the abilities needed to fulfill their current roles, and prepare for future career opportunities.
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.
Companies often look for new and innovative ways to improve. While this can often be focused on profits and outward-focused factors, it is also critical to take that focus inward. If you want to improve your company, you need to make sure that your internal operations are functioning in tip-top shape. Although this is necessary, […]. The post Changing Your Company for the Better appeared first on Take It Personel-ly.
Almost four in 10 working parents plan to look for a new job in the next 12 months, according to research. The 2022 Modern families index spotlight report found that 38% of workers with children under the age of 18 have jobhunting on the agenda this year. Back-up care and nursery provider Bright Horizons’ annual survey was completed by more than 1,000 working parents from across the UK.
In the modern corporate world, we need emotional intelligence in leaders more than ever before. During the Corona crisis, we are used to working from home and doing tasks in front of the computer screen rather than in front of people. A leader with high emotional intelligence is now needed to offer the right guidance and give the right motivation to the groups of workers. .
PRESS RELEASE: PeopleStrategy’s Integrated HR and Benefits Platform Becomes a One-Stop-Shop for Employee Management EDISON, N.J., February 8, 2021 – PeopleStrategy, a one-stop brokerage and provider of a cloud-based human capital management (HCM) solutions, is pleased to announce they have migrated their entire customer base to make a single, strategic, proprietary platform.
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.
Data security is when protective measures are implemented to ensure unauthorized users cannot access databases, websites, or computers. The process also offers a way to protect data from corruption or loss. Today, no business – whether small or large – should overlook the importance of security measures. However, if you don’t have a sufficient plan […].
I’ve been observing and researching the impact of the pandemic on work since mid-March 2020. It is clear to me that hybrid work, with flexibility about both where and when work is performed, is here to stay. This is in part because these new ways of working have captured and amplified a general feeling that the way we worked before – long commutes, limited time at home, endless face-to-face meetings, crowded ‘factory’ style office layouts – had all created a sense of brooding dissatisfaction tha
Self-care has been in the spotlight recently for good reason. Our lifestyles have been adjusted, re-adjusted and in some cases, halted altogether. The coping strategies people have relied on in the past may not have. Read more. The post 5 Ways to Use Your Benefits for Self-Care appeared first on Honeybee Benefits.
A health savings account (HSA) is an employee-owned account designed to set aside pre-tax money to pay for qualified medical expenses such as deductibles, copayments, coinsurance, and other out-of-pocket expenses included in IRS publication 502. HSAs are powerful savings vehicles, however, they require a high deductible health plan (HDHP) that meets specific requirements.
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!
Employee handbooks serve as an important player in a company’s success. They disclose the company standards and set expectations for employees to maintain and inform departing employees of all the professional benefits they are entitled to immediately after their departure. . This guide will teach you how to make an employee handbook and how your small business can benefit from one.
It’s LGBT History Month this February. A time to celebrate LGBTQ+ history. So, we thought it was the perfect moment to shed some light on whether the UK workplace has progressed in its fight towards a more equal workplace for those within the LGBTQ+ (lesbian, gay, bisexual, transgender, queer, plus) community. According to the Office of National Statistics, 1.4 million Brits above 16 identify as lesbian, gay or bisexual.
Is t he Great Resignation , a Great Re-evaluation or a Great Awakening or a Great Discontent, or a Great Re-thinking ? Let us dive deep and demystify !
Whether through exercise competitions, mindfulness activities, or financial wellness tools, corporate wellness programs have focused heavily on benefits that help employees help themselves.
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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