Sat.Apr 02, 2022 - Fri.Apr 08, 2022

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Should Compensation Be Tied to Performance Reviews?

15Five

Performance reviews can be scary. Sitting down with your manager to go over your performance for the last year and getting feedback is nerve-wracking but essential for employees who want to grow in their careers. For 35% of individual contributors , the annual performance review is the only time they get clear feedback from their managers. Since feedback is hard to come by, separating compensation and focusing on performance during the review process is necessary.

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What Are Payroll Taxes?

Patriot Software

Employers juggle many responsibilities, including calculating and withholding payroll taxes and other deductions. But, what exactly does payroll taxes include? And, how do you know how much to withhold from employees’ wages? If you’re wondering about understanding payroll taxes, never fear—your payroll taxes breakdown is here. What are payroll taxes?

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Employee bonus programs: What’s right for your company?

Insperity

A thoughtful, high-value employee bonus program can help make the difference between struggling to recruit and retain talented employees , and having a workplace that employees never want to leave. That’s especially true in job markets that are tilted heavily in favor of job candidates. But before you dive in and implement an employee bonus program, it’s important to consider your options, evaluate what’s best for your company and find what’s most valuable for your people.

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The Two Sides of Retirement: Financial and Non-Financial

Money Talk

Earlier this year, I viewed two very different webinars about retirement. They were actually scheduled at the same time so I recorded one while I watched the other so I could view both. One webinar sponsored by The American College of Financial Services covered financial topics such as income taxes, required minimum distributions (RMDs), qualified charitable distributions (QCDs), and income-related monthly adjusted amount (IRMAA) Medicare premium surcharges.

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The HR Leader’s Workforce Management Guide

In today’s fast-paced business world, effective workforce management (WFM) isn’t just an option—it’s a necessity.

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What is employer branding? How to build a great employer brand

Achievers

Your organization’s employer brand should always be top of mind. It makes a major difference when it comes to attracting and retaining top talent. Let’s take a closer look at what employer branding is and what your company can do to organically build an employer brand that sets it up for success. What is employer branding? Employer branding is how you promote your organization to job seekers and current employees.

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Common HR Mistakes and How to Avoid Them | PeopleKeep

PeopleKeep

With all of the different responsibilities of a human resources department , it can be easy for some organizations to make HR mistakes without realizing it. Errors involving human resources and labor can often considerably impact your organization. From managing employee safety and company compliance to handling employee benefits, you have a lot on your plate as HR professionals.

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4 Ways Financial Stress Harms Overall Employee Wellness

Best Money Moves

4 ways financial stress harms overall employee wellness. Financial stress can have ramifications that affect far more than your wallet. Here’s what to keep an eye out for among your team. . According to Financial Fitness Group , companies lose roughly $7,000 per employee per year due to stress caused by personal finance issues. And for employees, the effects of stress go far beyond dollars and cents.

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80% Of Tech Workers Are Looking For a New Job, Blind Survey Finds

HR Digest

According to a Blind survey, eighty percent of tech workers are considering looking for a new job this spring. Employees at Better and PayPal were the most likely to consider quitting, with 95 percent of those polled stating they were considering leaving. Many financial sector firms made the list, with at least 85% of respondents considering quitting Deloitte, American Express, Goldman Sachs, JPMorgan Chase & Co., and Capital One.

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New manager checklist — set yourself up for success

Business Management Daily

Congratulations! You have reached a career milestone by landing your first managerial position. At this exciting time, you’re likely intrigued by the possibilities, eager to get off on the right foot, and battling a few (or a truckload of) nerves. Butterflies are par for the course. After all, you want to prove to yourself and others that you deserve this increased responsibility.

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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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Understanding The Iceberg Model of Culture to Drive Organizational Success

Empuls

Strategy, leadership, and culture are the three fundamental pillars that define the success of any organization. Employees will act and behave in the desired manner when organizational culture aligns with the growth strategy to achieve the desired business outcome. And the fundamental duty of leadership is to uphold organizational values and beliefs through their everyday actions and decisions, which aids the execution of the organizational strategy.

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DOL Partners with DOJ to Target Anticompetitive Practices

BerniePortal

In March, the Department of Labor (DOL) announced a partnership with the Antitrust Division of the Department of Justice (DOJ) to “protect workers from employer collusion, ensure compliance with the labor laws and promote competitive labor markets and worker mobility.”. Here’s what employers need to know about this joint enforcement effort.

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4 tips for managing and supporting mental health at work

Sodexo Engage

Summary: Why you need to consider the mental health of your employees. 4 ways you can manage and support the mental health of your employees. Looking to support your people? 4 tips for managing and supporting mental health at work. Is your organisation seeing an increase in work-place stress, depression or anxiety? If so, you’re not alone. Although the rate of workplace mental health issues remained flat during the first half of the 21st century, it’s been on the rise since 2010, and the Covid-1

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How Workplace Policies Make Scandinavian Countries The Happiest Places On Earth

Wellable

According to some thinkers and theorists, happiness is the only thing people desire. Whether they are seeking food, shelter, or even friendship and love, what they really want in the end is to be happy.

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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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Going Back to the Office (As Told by The Office)

Benefit Resource Inc.

If you are feeling a bit stuck and overwhelmed by the idea of having to go back to the office, don’t worry. We will get you through it. Returning to the office, a moment of joy for some. Others would prefer to stay home. We’re coming to terms with the fact that life goes on, even though we have been through a lot. The world seems like it’s returning to what was in 2019.

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Should You Offer Benefits to a 1099 Employee? | PeopleKeep

PeopleKeep

With the rise of freelance and contract workers in the U.S., employers are grappling with how to integrate these contract workers within their organizations effectively. One of the most frequently asked questions regarding independent workers is whether 1099 employee benefits are required or not, especially when benefits are being offered to W-2 employees.

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How to make the most of employee benefits

Pacific Prime

Employee benefits are highly coveted in the workplace, but they are also largely misunderstood. Did you know that almost a third of American workers who are eligible for employee benefits (31%) admitted they do not fully understand any of the benefits they selected during their most recent open enrollment period? If you’re one of these. The post How to make the most of employee benefits appeared first on Pacific Prime's Blog.

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Inflation and ERISA Penalties: Hand in Hand for 2022

McDermott Will & Emery Employee Benefits

The Federal Civil Penalties Inflation Adjustment Act of 2015 directs the US Department of Labor (DOL) to make annual inflation adjustments to specified Employee Retirement Income Security Act (ERISA) violations. The increased penalties generally apply to reporting and disclosure failures if the penalty is assessed after January 15, 2022, and if the violation occurred after […].

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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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Is a post-COVID remote work policy right for you?

Business Management Daily

With COVID restrictions easing up and vaccines now readily available, many business owners are planning for the return to the office. Others are wondering if they’ll even really need an office at all after two years of their team working remotely without a loss of productivity. Deciding on the best course policy for your workplace can be tricky. There are a lot of pros and cons to weigh with each possible working arrangement, and newly empowered employees might have a lot to say.

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How to become an insurance broker

PeopleKeep

There’s no doubt that the insurance industry is tricky to navigate. That’s why insurance brokers are critical in helping consumers pick and choose plans that are right for them. According to the U.S. Bureau of Labor , employment of insurance brokers is projected to grow 7% between 2020 to 2030. What’s more, a Research and Market report found that the global insurance brokers market is expected to reach $113.99 billion by 2025.

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How to overcome a bad performance review

HR Digest

If you got a bad performance review , do not panic. We know how stressful it is and luckily, there are ways to overcome this situation. You just need to be patient and do not think in a negative way. . A bad performance review is an opinion of your boss that can be subjective, and this might not be the real evaluation of your work. You might have made some mistakes and this led to the negative performance, but there are ways to correct the mistakes and have the trust of your boss again. .

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Offer Competitive Benefits with BerniePortal’s Benefits Administration

BerniePortal

In a highly competitive job market, benefits packages can often be the differentiator that sets an organization apart from its competitors. But offering more robust benefits packages can also create more work for HR teams. As organizations look to ramp up their recruitment and retention efforts, streamlining benefits offerings is more crucial than ever.

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Why (and How) to Switch to a New HR & Payroll Platform

Speaker: Speakers:

HR and payroll impact every aspect of your business. Choosing the right provider is one of the most important decisions you’ll make. Before you decide, hear first-hand customer accounts in Paycor’s webinar to learn: The three most important things to look for when switching. How to begin your search. What are some of the red flags?

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29 Success Tips to Accomplish Your Goals And Define Your Own Path

BetterUp

Jump to section. Success tip: create your own definition. 15 rapid-fire success tips for life. 7 success tips for your career. 7 success tips for your personal life. Don’t forget your mental health. The bottom line.

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Workers Flock To Freelancing

Wellable

Though often viewed as the less desirable option due to a lack of benefits or job security, freelance or contract work, whereby self-employed individuals sell their services to clients they are not employees of, makes up a considerable percentage of the workforce. According to a survey conducted by freelance platform Upwork, 36% of the labor force freelanced in 2021.

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Fine tune your workforce to run like a Rolls Royce

Bayzat

When it comes to getting employees to perform to a high level on a consistent basis, there’s no silver bullet. Inspirational talks may work on some, while others may need regular motivation or a light bit of bribery with a selection of donuts and muffins. The truth is many factors come into play. Motivating employees is only the tip of the iceberg – everything else that goes on underneath the waterline has a major impact in setting each employee’s growth direction and keeping track of thei

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How to Do Unlimited PTO Right | BerniePortal

BerniePortal

Unlimited PTO has become an increasingly popular benefit offered by employers to stand out in a competitive hiring market. There are many job opportunities available to top talent, and every advantage counts during your organization’s recruiting efforts. The key to offering unlimited PTO, however, is understanding and using it effectively. To learn more, here’s a guide to avoiding significant pitfalls associated with unlimited PTO, the overall benefits, and how you can effectively administer the

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Transform Employee Wellbeing and Control Costs Through Data-Driven Strategies

In today's dynamic business environment, HR leaders face immense pressure to optimize costs while maintaining a competitive edge to attract, retain and engage their workforce. Gallagher can help you meet that challenge head-on. Our proprietary data and people analytics platform, Gallagher Drive ® , provides the elevated insights you need to make impactful program decisions that are aligned with your organizational goals and set your strategy up for long-term success.