Sat.Aug 10, 2024 - Fri.Aug 16, 2024

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A Complete Guide on Salary Benchmarking

HR Lineup

Salary benchmarking, also known as compensation benchmarking, is a crucial process for businesses that aim to maintain a competitive edge in attracting and retaining talent. It involves comparing internal job salaries against external market data to ensure that a company’s compensation structure is both fair and competitive. This guide will take you through everything you need to know about salary benchmarking, including its importance, how to conduct it, and how to use the results effectively.

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AI at the WCI, Oh My!

Florida Workers' Comp

The Associated Press reports on people who struggle to accept and comprehend Artificial Intelligence. The real challenge is said to be for the "older Americans." The focus of the story is "adults - many of whom lived through the advent of refrigeration, the transition from radio to television, and the invention of the internet." This group is struggling with AI, what it means in the near term, and tellingly "how do you know if its fake or not.

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Hired by AI? How avatars could revolutionize the recruiting process

Employee Benefit News

Unlike human beings, virtual assistants can provide personalized and accessible support for everyone everywhere

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Crafting a people-first company culture

Higginbotham

What sets the most successful and dynamic brands apart? It’s not just about the services they offer or the products they create: it’s about how they view and treat their most essential asset – their employees. A people-first company recognizes that its team is the centerpiece of its success and crafts a culture that supports this philosophy. This approach to company culture can have several benefits: enhanced productivity, greater employee well-being, strengthened recruitment strategies, improve

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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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Rethinking employer strategies for mental health remission

Employee Benefit News

Evidence-based, holistic approaches can improve employee well-being in the long term, improve productivity, and serve as a competitive edge in recruiting and retaining talent.

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Round Two—Paramount Job Cuts to Affect 15% of the Workforce

HR Digest

After a lean second quarter earning report, Paramount is moving forward with job cuts to try and restabilize the company. The Paramount layoffs will affect 15% of the workforce which is estimated to impact at least 2,000 people. Along with a reduction of the US workforce, Paramount is planning to s**t down the Paramount Television Studio. The company aims to reduce its annual costs by $500 million USD before its upcoming merger with Skydance Media.

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Golden handcuffs: Should employers use them on top talent?

Business Management Daily

Picture this. You just landed a high-paying job at a major company due to your talent, work ethic, and in-demand skill set. Your employers are highly impressed with your capabilities and don’t want to lose you to a competitor. To ensure you don’t leave, they slap a pair of golden handcuffs on your wrists – metaphorically, of course. In actuality, they offer you deferred financial incentives such as employee stock options, large bonuses, and attractive compensation packages.

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Can your employees afford their health plan?

Employee Benefit News

Employers must determine if their health insurance plans actually encourage workers to seek care.

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Take the 2024 Getting Paid In America Survey: Your Voice Matters!

PayrollOrg

Take the 2024 NPW "Getting Paid in America" survey to provide PAYO with valuable insights into how America's workforce is getting paid.

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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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Innovative Employee Engagement Strategies to Boost Productivity

Hppy

In today’s fast-paced business environment, companies increasingly recognize that employee engagement is critical in driving productivity and overall success. Engaged employees are more motivated and productive and contribute to a positive workplace culture, reducing turnover and fostering innovation. However, more than traditional engagement methods may be required in a rapidly evolving workforce landscape.

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Employee value proposition in action: Compelling real-world examples

Business Management Daily

As an employer or human resources manager, consider what candidates and employees bring to your business. Their work ethic, experience, education, training, and skills add value to your business. But what do you give them in exchange? Demonstrating your value to employees and candidates is often just as important as evaluating their value to your business.

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6 tips for minimizing stress

Employee Benefit News

Concerns over the election, the economy and day-to-day challenges can be reduced with mindful, consistent actions.

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Classifying California Rideshare Drivers as Independent Contractors

PayrollOrg

The California Supreme Court recently upheld Proposition 22, which defines app-based drivers as independent contractors if certain conditions are met.

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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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How to Simplify HR Processes When Compliance Feels Impossible 

Patriot Software

HR compliance can be a nightmare for overwhelmed small business owners. You need buttoned-up HR processes to avoid compliance-related penalties and lawsuits. This takes time—a commodity most business owners don’t have. Is it possible to streamline your HR processes to stay compliant with federal, state, and local regulations? Yes.

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5 strategies for managers that will change everything

Business Management Daily

by Bonnie Low-Kramen and Sophia Young Managers need help. More specifically, you need help in the form of training to skillfully handle your teams, some of whom are in person at the office and many others who are working in a hybrid and remote way. How are managers managing all this? Not well, according to research. Alexis Krivkovich, a senior partner at McKinsey & Company, comments, “Many managers are saying, ‘This job has become incredibly hard.

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Bad boss or lack of training? Why middle management needs more support

Employee Benefit News

Perceptyx found that 60% of middle managers want ongoing coaching to improve their skills.

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Retain Employees Effectively, Gain a Workforce That Gives Back

HR Digest

There is no single way to retain employees effectively—it takes a collection of solutions for any organization to succeed at it. There is a common misconception that effective retention methods are supposed to be complex and sophisticated, but retention relies on a healthy relationship between an employer and employee, with a few benefits thrown in to make it worth the employee’s time.

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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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Should You Use an Employee Handbook Builder?

Patriot Software

Is creating, updating, and keeping a compliant company handbook stressful? Drafting a federal- and state-compliant handbook is daunting for many business owners and HR professionals. It can take weeks of research, writing, formatting, and editing. But it doesn’t have to. An employee handbook builder can streamline the process.

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Disciplinary infractions in the workplace: Types, policies & prevention

Business Management Daily

All workplaces have various policies and expectations about conduct. These standards protect the well-being of the company and its workers. A disciplinary infraction occurs when someone breaks these rules. As the name suggests, disciplinary infractions merit punishment or other sanctions. For these violations of company policies to cease, the organization must deal with them.

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How to bridge the gap: Discrepancy between talk and action in employee well-being initiatives

Employee Benefit News

Employers can show they are committed to the health of their workers by bringing their wellness programs to life.

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What is the Role of AI in Talent Recruitment?

HR Digest

If you’re among the many organizations wondering how to include artificial intelligence in your business, AI in talent recruitment is a good place to start. AI is expanding the potential of what we can do with technology, and while it’s a matter of great stress for employees who are fearful of losing their jobs to AI, replacing manpower does not have to be the ultimate goal of embracing AI.

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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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Enhancing Employee Engagement with Cloud-Based HR and Payroll Systems in UAE

Bayzat

Effective employee engagement cannot be overstated, as it is closely connected to job satisfaction, motivation, and, ultimately, the success of an organization. However, achieving high levels of employee engagement is not an easy feat. It requires more than just competitive salaries, benefits, and a positive work culture. It requires a holistic approach to employee management, which includes a shift from traditional HR management systems to cloud-based HR and payroll solutions.

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7 advantages to virtual cards for your B2B payment needs

WEX Inc.

Why consider virtual cards as your payments tool? As businesses continue to adapt to changing work landscapes, the transition to digital payments has accelerated. The rise of remote work, combined with a growing preference for contactless interactions and streamlined processes, has driven companies to move away from traditional paper payments. Even back in 2019, the “virtual credit card” created a buzz in the payments marketplace.

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Build corporate and employee resilience to combat election stress

Employee Benefit News

Making company values and the support of workers a known part of an organization can offer stability in times of turmoil

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2,450 Stellantis Factory Workers Face Layoffs

HR Digest

Stellantis is moving forward with layoffs in a factory near Detroit after closing the door to a company classic. The company is all set to lay off over 2,450 workers as a result of its decision to end production of one of its products, the Ram 1500 Classic truck. The factory workers from the Warren Truck assembly plant are to be affected by the layoffs as this was the main center for the production of the soon to be discontinued vehicle.

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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.