Sat.Aug 03, 2024 - Fri.Aug 09, 2024

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5 Payroll Features and Benefits to Consider When Shopping for Software 

Patriot Software

When you have employees, you need to pay them. Instead of manually calculating gross pay, payroll taxes and deductions, and net pay, you might opt for payroll software. With the right software, you can run payroll in minutes—not hours—each pay period.

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Inclusive Family-Forming Benefits: Definition of Infertility

International Foundation of Employee Benefit Plans

According to Employee Benefits Survey: 2024 Results, to be released the end of August 2024, 42% of U.S. organizations currently offer fertility benefits (an increase from 40% in 2022). While fertility benefit offerings are more prevalent, there are varied reasons plan participants […] The post Inclusive Family-Forming Benefits: Definition of Infertility appeared first on Word on Benefits.

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How to Align Your Teamwork Goals with OKR Tools?

Qandle

In today’s fast-paced business environment, effective teamwork is essential for success. Teams need to work together seamlessly to achieve common objectives and drive the organization forward. This is where teamwork goals come into play. By setting clear and measurable goals, teams can stay focused and aligned, ensuring everyone is working towards the same outcomes.

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Talk With Your Internal and External Partners About Their Artificial Intelligence

HR Bartender

Estimated reading time: 4 minutes Artificial intelligence (AI) is a regular topic of conversation in today’s business environment. One in four employers are using AI to support HR related activities , according to an article on the Society for Human Resource Management website. And that number is sure to increase over time. We’ve been talking about artificial intelligence on HR Bartender and some of the things we can do to learn more about the use of AI.

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From Payroll Pains to Growth Gains: Streamlining Payroll & HR for Success

Speaker: Joe Sharpe and James Carlson

In the world of small business management, the challenge of managing payroll & HR efficiently while scaling operations can be overwhelming. Yet, with the right strategies in place, these challenges can become opportunities for growth and innovation. In this session, Joe Sharpe, Senior Director of Managed Payroll Services at IRIS, will reveal practical methods and expert insights for outsourcing and streamlining payroll processes, resulting in substantial time and resource savings.

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Disparity and Evolution

Florida Workers' Comp

Cancer is in the news. NBC News recently reported on a cohort study that has dire implications for Millennials and Generation X. The prevalence of 17 different cancers is notably higher in these younger generations. I have noted here that during the 20th century, American life expectancy marched upward. That has seemingly paused or ceased. See Life Expectancy Changes (November 2016) and Life Expectancy and Risks (September 2022).

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More Trending

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How do you encourage people to spend more time in the office? Here are seven things to consider

Workplace Insight

In a world in which people have more choice about how and where to work, how do you encourage people to spend more time in the office without issuing controversial mandates? Some of the UK’s most high-profile workplace, design, property and facilities management experts met recently at the London showroom of MillerKnoll to discuss the answers to this, one of the most vexed questions of recent years.

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64% of younger workers most value health cover as a benefit

Employee Benefits

Almost two thirds (64%) of younger workers said health cover is their most valued benefit , compared to 46% of those aged over 55, according to research by Simplyhealth. The health plan provider survey of 500 HR decision makers across UK businesses and 2,000 employees also found that 78% of younger respondents aged 18-34 said it is important that their employer provides health cover , with 71% claiming they would switch employers if it was not offered.

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Upskilling: The key to higher productivity & employee retention

Business Management Daily

The global workforce faces a massive skills gap, and many organizations need help finding qualified talent. Research from McKinsey & Company found that 87% of companies worldwide are either aware of a skills gap or will have one within a few years. The solution? Upskilling , and a lot of it. Springboard for Business’s The State of the Workforce Skills Gap 2024 polled 1,000 corporate professionals (in leadership roles) and asked them how they planned on addressing the current skills gap withi

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Financial Resiliency: The Skill You Didn’t Know Your Team Needed

Best Money Moves

Financial resiliency: The skill you didn’t know your team needed. Learn why fostering financial resiliency may be key to a more productive, confident workforce. Everyone encounters rough financial patches at some point — the key is how easily you adapt to situations that threaten your well-being. This concept is at the core of financial resiliency, the key skill you could be missing in your workforce.

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Plant the Seed for Successful Onboarding!

Our Free Welcome Email Templates (designed for both in-office or virtual employees) are ready for you to customize and use to plant the seeds of success for new team members.

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Beyond the Trophy: A Gen Z Perspective on R&R

Vantage Circle

*“Seated in the living room a few weeks ago, my parents and I were discussing how far they had come in their professional careers. The struggles, the challenges, the excitement, and the adrenaline of those late nights. My parents specifically emphasized the obvious “hard work goes a long way” mantra as they reminisced about how their own hard work had gotten them various accolades and rewards that are now seated on the living room mantle, along with mine of course!

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37% of UK workers want one-off payment to help with cost of living

Employee Benefits

More than one-third (37%) of UK workers would opt for a one-off payment to help with the cost of living , higher than the global average of 27%, according to research by Always Designing for People (ADR). As part of its latest study People at work 2024: a global workforce view , it surveyed more than 34,000 workers across 18 countries, and found that a one-off payment is more popular among female respondents (42%) than males (33%).

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USCIS Extends Form I-9 Expiration Date

PayrollOrg

USCIS updates Form I-9 and the instructions to extend expiration date to May 31, 2027.

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Legitimate Power: What is It & How Leaders Should Use It

BetterUp

Have you ever wondered why the president is allowed to live in the White House? Or why does your manager have the right to assign tasks to you? These are both examples of legitimate power. In both instances, their power comes from their position.

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Engage, Empower, Excel: Transforming Performance in the New Era of Work

Speaker: Radhika Samant and Adri Glover

The world of work has fundamentally changed. The series of waves that the pandemic began have rippled through the Great Resignation, quiet quitting, the Great Regret, and other eloquent phrases that boil down to the same thing: people aren’t engaged at work or enabled to perform at their best. The truth is that engagement and enablement is more important than ever, but how we do it is the critical differentiator for many organizations.

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Top Employee Morale Survey Questions for a Happy Team

Vantage Circle

Human resources managers increasingly view employee engagement as a key performance indicator. However, measuring engagement is complex due to its many contributing factors. A vital component of engagement is employee morale or enthusiasm, which can be improved through various strategies, especially by prioritizing worker well-being. According to a Gallup poll , companies with high employee engagement experience 21% higher profitability and 41% lower absenteeism.

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60% believe their employer is not interested in supporting financial goals

Employee Benefits

Two-fifths (43%) of employers are confident that they know how to support employees to achieve their financial goals , however, 60% of employees believe their employer is not interested in supporting them, according to research by Nudge Global. Its annual Financial wellbeing report, which surveyed more than 11,500 employees worldwide, also found that 27% of respondents said their financial wellbeing stops them feeling engaged and 31% said it stops them feeling motivated at work.

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IRS Moves Forward With Processing ERC Claims

PayrollOrg

The IRS said it will process more employee retention credit (ERC) claims and continue compliance work.

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How can companies address the skills gap and ongoing talent shortage in their industry?

Workplace Insight

The modern business landscape is facing a significant challenge: a growing skills gap and a persistent talent shortage across various industries. Companies are finding it difficult to find qualified candidates with the necessary skills to fill important roles as technology changes quickly and job requirements change. This talent shortage may hinder general productivity, growth, and innovation.

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How to Increase Diversity in Your Workforce Through AI Technology

Diversity and inclusion are crucial for building a strong and innovative workforce. Discover how AI technology can revolutionize your hiring process and drive diversity in your organization. Explore over 10 ways AI recruiting tools can help you identify a wider pool of candidates, enhance communication strategies, and eliminate unconscious bias. Embrace the future of recruitment and create a more diverse and inclusive workplace with AI technology.

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Massive Changes In Store for Intel, Starting with Job Cuts

HR Digest

Another massive round of layoffs is coming up as Intel announces job cuts at the company. As a part of Intel’s cost-cutting measures and its ambitions to reshape the business entirely, the company will let go of more than 15 percent of its workers in the upcoming months. The company currently employs over 125,000 workers according to The Verge , and the number of employees affected by Intel’s job cuts could range between 15,000-19,000.

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Antithetical Ex Parte

Florida Workers' Comp

French philosopher and author Albert Camus once noted "Integrity has no need of rules." He also noted that "A man without ethics is a wild beast loosed upon this world." And yet, man is an imperfection. Integrity alone is insufficient for some, and to prevent the loosing of a beast rules have come to the fore. The judicial role involves a handful of challenges and seeks various attributes.

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Giving birth, then back to work: The LGBTQ experience

Employee Benefit News

Tanner Brunsdale from Lyft shares his experience both as a father utilizing non-traditional family building benefits and as an executive working to make those same benefits equitable and accessible to all.

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Tips for beginners and the most seasoned HSA investor

WEX Inc.

Are you an HSA investor? If you are, then you have a health savings account (HSA). You’ve heard about its investment potential, and you’ve read that an HSA has retirement-planning perks that a 401(k) and IRA don’t have. And you’re investing to grow your funds so they increase at a much higher rate than they would in an HSA’s cash account. But even the most savvy investors can get more out of their accounts.

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How To Empower Your Workforce With Modern Fertility Benefits

Speaker: Andrea Wuchiski

In an era where a workforce spans multiple generations, HR managers and Total Rewards leaders face the unique challenge of designing benefits packages that cater to diverse employee needs. This session will delve into how comprehensive fertility benefits can bridge generational gaps, support employees’ health, and enhance workplace satisfaction. Join us for an insightful session that highlights the strategic importance of fertility benefits in today’s competitive job market.

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Empowering CIOs: Leveraging HCM Platforms for Enhanced Data Security and Privacy

Darwinbox

Data, the gold of the 21st century IBM’s Cost of a Data Breach Report 2023 highlights that the average cost of a data breach soared to USD 4.45 million in 2023. The costs of data breaches vary across industries and countries. Some are more prone to data and cyber threats than others; the earlier quoted IBM research identified the US as the country with the highest cost of data breaches, with losses totalling USD 9.48 million in 2023.

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The Antihero

Florida Workers' Comp

Taylor Swift intones "It must be exhausting always rooting for the anti-hero" ( Anti-hero , Republic Records, 2022). Indeed. There is potential merit there. An anti-hero is "a protagonist or notable figure who is conspicuously lacking in heroic qualities," according to Merriam-Webster. Excellent contemporary examples include the title characters in Deadpool and Wolverine (20th Century, 2024), as noted recently by the British Broadcasting Corporation (BBC).

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Holistic healthcare benefits can cut down surgery spend

Employee Benefit News

Quantum Health and Carrum Health are working together to improve health outcomes while reducing unnecessary costs.

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10 Best Skills Tracking & Management Software 2024

HR Lineup

In today’s fast-paced and dynamic work environment, organizations need to stay on top of their employees’ skills and development to maintain a competitive edge. Skills tracking and management software plays a crucial role in identifying skills gaps, planning training programs, and ensuring employees are well-equipped to meet the demands of their roles.

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The Employers Guide to Controlling Cancer

About 40% of us will be diagnosed with cancer in our lifetime, and patients are getting younger. At the same time, the cost of treatment continues to rise, with employers spending 8.5% more on cancer care for each employee than they did last year. The best thing employers can do for their employees and business tomorrow is to invest in cancer detection and care today.