This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
What do you think of when employee benefits are mentioned? Traditional offerings like health insurance and retirement plans are likely the first things that come to mind. Organizations often fail to go beyond these standard benefits, and if they do, it’s with a few additions that are selected without much thought and seldom improved. Today’s workforce is experiencing a new level of empowerment, and that comes with high expectations potential employers need to meet.
Designing a compliant Paid Time Off (PTO) program is a delicate balance between meeting the evolving needs of your employees and the growing legal requirements set forth at state and local levels. Case in point - mandatory paid sick leave. Laws requiring paid sick leave have grown exponentially during the past eight years. And because paid sick leave laws are based on where an employee works, not on where they get their work assignments, multi-site employers and those with remote workforces are
In 2019, the state of California put in place the CalSavers Retirement Savings Program, with the goal of enabling California residents to save for retirement. Now, California’s June 30th Calsavers deadline for employers with five or more employees is looming closer. Right now, almost half of all private-sector employees in the U.S. are employed by […] READ MORE.
It is not uncommon for American taxpayers of all ages to have multiple streams of income. Young adults working in the gig economy may have income from a variety of consulting contracts or from a full-time job and “side hustles.” Many older adults also have multiple income sources including Social Security, a pension, full-or part-time work or self-employment, withdrawals from retirement savings (including taxable required minimum distributions or RMDs), and interest, dividends, and capital gains
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?
Diversity, equity, inclusion, and belonging (DEIB) are a bedrock at Achievers. We are always striving to create a workplace where everyone belongs, and help other organizations foster a culture of belonging for their employees. This is such an important way to Change the Way the World Works together. When we write, we take direction from those leading the way in the 2SLGBTQIA+ community on educating society about inclusive terminology.
Recruitment can be challenging, and as a recruiter, it is essential that you stay abreast with developing trends to learn the best approach to it. Besides online content inspired by top HR tech influencers, you should consider listening to recruitment podcasts. The best element about podcasts is that you can listen to them anywhere and understand content as received.
Sign up to get articles personalized to your interests!
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
Recruitment can be challenging, and as a recruiter, it is essential that you stay abreast with developing trends to learn the best approach to it. Besides online content inspired by top HR tech influencers, you should consider listening to recruitment podcasts. The best element about podcasts is that you can listen to them anywhere and understand content as received.
Estimated reading time: 5 minutes. (Editor’s Note: Today’s article is brought to you by our friends at i-Sight , a leading provider of case management solutions that helps companies manage the process and workflow of investigators collecting and analyzing information related to a case, with the goal of resolving issues, managing risk, and identifying opportunities for improvement.
International Foundation of Employee Benefit Plans
JUNE 9, 2022
In an interview in the March/April issue of Plans & Trusts, actuary Bonnie-Jeanne MacDonald, Ph.D., FCIA, FSA, called for new policies and practices to address the multiple challenges and opportunities. Read more > The post The Perfect Storm Facing Canada’s Rapidly Aging Population: An Interview with Bonnie-Jeanne MacDonald, Ph.D. appeared first on Word on Benefits.
Ever wished you could predict the future? Or at the very least, predict the timing of a retirement plan audit? Well, you may be in luck on your second wish. Last Friday, the IRS Employee Plans division announced a new pilot program whereby it will notify retirement plan sponsors 90 days in advance that their plan has been selected for upcoming examination.
Employers need to understand the drive behind their employees’ good performance and retention. It is essential that you keep motivating your workers to perform outstandingly at work and enjoy their duties. You can easily accomplish this by practicing two types of motivation: intrinsic and extrinsic. Understanding these types of motivation is helpful in performance management.
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.
International Foundation of Employee Benefit Plans
JUNE 7, 2022
June is LGBTQ+ Pride Month in Canada and the U.S., a celebration of lesbian, gay, bisexual, transgender and queer people and their history, culture and contributions. To honor this month, Read more > The post Meeting the Benefit Needs of Your LGBTQ+ Plan Members appeared first on Word on Benefits.
Toxic productivity is a problem that many people in the workplace struggle with. This is when you spend all of your time working but not getting anything done. This can happen for several reasons, but one of the main causes is being too focused on short-term goals instead of taking a step back and looking at the big picture. If you find yourself feeling like this is happening to you, it’s important to take some time and figure out how to manage it so that you can get more done in less time
With a tight labor market caused by a record number of resignations and job openings, employers need to go above and beyond to attract and retain top talent. Offering competitive employee benefits packages is a great way to attract and retain your employees, with many employers looking to employee stipends and fringe benefits. But, as with any employee benefit , you need to know how to manage these perks, including understanding their taxability.
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.
The concept of “being strategic” has become a bit watered down in the business world over the last few years. The phrase is often overused and misinterpreted. So when you truly want to take a more strategic approach (and have your efforts taken seriously), it’s important to define and demonstrate precisely what that means. If you Google synonyms for the word “strategy,” you’ll see things like “master plan,” “grand design,” and “bl
Talent management i s considered to be pivotal when formulating any business strategy. It helps to manage the most crucial asset of the company that is the employees and the employer of the company. It happens to be the best practice of the organization to provide the companies with a competitive edge that helps the company to remain progressive and at the same time, sustain the volatile market.
Starting a new job can be daunting for an employee. Along with a slew of new roles and responsibilities, they are expected to become acquainted with the company's culture, mission, and values. That is why it is critical to have a comprehensive employee handbook that can be used as a roadmap to navigate your company's culture. But first: What is an Employee Handbook?
As a result of the COVID-19 pandemic, remote working became a necessity. Despite the easing lockdowns, the trend is likely to stay, particularly with “workstations” being actively promoted by the travel industry; however, there are considerable tax consequences for international employers. In this International News article, McDermott’s Gero Burwitz and Isabella Denninger discuss the complexity […].
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.
Despite the popularity of wellness programs, these initiatives often fail to achieve high levels of employee engagement and participation. For example, according to Gartner’s 2021 Employee Value Proposition Survey , only a quarter of employees that have access to mental and emotional well-being offerings make use of them.
American Indians and Alaska Natives face many healthcare inequalities from other Americans, such as high uninsured rates and barriers to finding proper care, which can lead to a poor overall health status. These groups often have limited access to employer-sponsored health coverage due to a lower employment rate and working in jobs that don’t offer health benefits.
Summary: The impact of low employee engagement. How can you improve employee engagement? Ready to boost employee engagement? Why is Employee Engagement so Important in a Thriving Business? Take a moment to think about your organisation’s financial objectives and how you’re going to go about achieving them. What’s it going to take? Hiring the right people; retaining your best talent; boosting productivity?
Time management is a crucial aspect of finding success as an HR professional. You must manage many tasks and stressful decisions each day that can weigh on you both physically and mentally. Discerning the best course of action for dealing with these timely decisions is necessary if you seek to grow in your career. Here we have cultivated a list of 7 essential strategies that can help you maintain productivity, manage your time effectively, and boost your HR career.
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!
Mental health is often treated quite differently than other areas of wellness. For example, while employees are likely to feel free to talk about physical ailments (e.g., migraines, the common cold, injuries, etc.), they may be less inclined to discuss anxiety, depression, or other mental health concerns.
Thanks to the Great Resignation, the labor market is currently in a state of stiff competition. Organizations are looking to fill vacant positions and grow, but there are more open positions than job candidates. With employee turnover also at an all-time high, organizations need to find ways to keep their current employees. From an HR perspective, this presents the opportunity and a demand to create a positive employee experience and foster employees who want to stay with your organization, cont
If you're a talent acquisition recruiter, you may be well aware of the issues related to diversity. It's the main center of attention these days - and for a good cause. It takes a huge effort to bring an inclusive and diversified environment to the company. But many organizations are lacking in this area of smart talent acquisition. They can't onboard candidates from different ethnicities, beliefs, cultures, and races for some reason.
Merriam Webster’s dictionary defines retirement as “withdrawal from one's position or occupation or from active working life.” For a retiring individual, retirement can feel like shedding skin and looking to fit into another.
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.
We organize all of the trending information in your field so you don't have to. Join 46,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
281 
Let's personalize your content