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Technology helps us in so many ways. Including expanded options when it comes to making money. Whether you are looking for a side business or a new career path here are three options to generate digital cash. Buy, Sell and Trade Cryptocurrency If you haven’t heard of cryptocurrency, it’s possible you’ve been sleeping under a […].
In recent years, the hiring world has placed an emphasis on attracting millennial talent, and for good reason: millennials are the largest generation in the U.S. labor force, according to Pew Research Center. This generation, however, is a bit different from those that came before them. They’re looking for more than a paycheck. They want transparency, feedback, experiences and the chance to explore their passions.
According to global management consulting firm McKinsey & Company, over 70 percent of change management efforts fail. No surprise, this is due to several reasons: low employee engagement, lack of management support, poor collaboration, and no accountability. The real surprise is why – after knowing the reasons and the odds that change efforts fail – we haven’t found a way to remedy the situation.
Pay equity is a huge barrier to women’s financial wellness in the workplace, but it isn’t the only one. Most women haven’t used retirement calculators and don’t have backup plans if forced into retirement. They’re not going to ask for help, but employers who provide the right tools can help them help themselves. Everyone knows: Women make up 46.8 percent of the American labor market, but they still earn an average of 20 percent less than men in the same position.
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?
Finding the right career is like finding the right romantic partner. Every day may not be rainbows and smiles, and there will be some conflicts, but providing you are working in a nurturing environment where you can grow, excel, and enjoy the work you are doing, you can feel confident in your career choices. But […].
When you think of a great leader or mentor who has had a positive influence on your life, how would you describe that person? Were they strong, fearless, driven, smart or were they a good listener, coach, understanding, warm, funny? We know that when leaders have too much heart, people walk all over them. When leaders have too much edge, people fear them.
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When you think of a great leader or mentor who has had a positive influence on your life, how would you describe that person? Were they strong, fearless, driven, smart or were they a good listener, coach, understanding, warm, funny? We know that when leaders have too much heart, people walk all over them. When leaders have too much edge, people fear them.
In the U.S., this weekend is the Labor Day holiday. It’s a holiday to celebrate the American worker. I’m sure there are many other countries that celebrate their employees throughout the year. It totally makes sense to recognize the thing that makes your organization unique – people. People also make your organization productive. So, I thought for this Labor Day weekend, I would round up a series of posts on a topic that people just can’t live without these days – technology.
Do you practice resilient leadership? Are you aware of how this characteristic can benefit your business? Much has been written about resilient leadership, and the resourcefulness that’s almost always present in those who exhibit it. In fact, research suggests that business leaders need both traits in copious quantities to be successful. Yes, everyone needs to be resilient and resourceful to succeed – no matter their path in life.
Here are some of the common contributors to employee burnout, and how you can work to prevent it. The post Burnout! 4 main causes of employee stress, and what you can do about it appeared first on Business Management Daily.
With 2019 on the horizon, you may be ramping up to, or in the middle of business planning. Perhaps you've decided to add a new, or enhance an existing benefits enrollment technology strategy. A quick Google search confirms that there are a lot of options out there. So where do you begin? What qualities are important in the evaluation process, and how do you know when a benefits administration vendor is the right fit for your business?
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.
I received this reader question a few months ago and it’s had me stumped. While I know that employee leave donation programs do exist, I’m not aware of many companies that promote it. According to the Society for Human Resource Management (SHRM), 11 percent of organizations permit vacation donations and seven percent permit sick leave donations. Hey there.
Is your employee onboarding process setting your employees and your business up for success? If it consists of nothing more than having your new hires fill out a couple of forms, probably not. In fact, you may be missing a critical opportunity to help your new employees ramp up faster and lay a solid foundation for them to be a long-lasting, engaged team member.
The FMLA specifically grants time off to deal with medical issues. However, some disabled employees may be entitled to leave as an ADA reasonable accommodation. The post Don’t get confused by ‘ADA leave’ appeared first on Business Management Daily.
Most cultures I know strive to get things right, and this is an admirable goal on which to mould employee behaviour. But most organizations don’t always get it right the first time; unintended mistakes sometimes happen and customers are left disillusioned and angry. Also read: 5 Simple Ways To Really Engage Employees. What most organizations don’t understand is that anger can be turned into adulation; pissed off can be transformed into hugs.
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.
Why do so many office employees experience back pain? The answer ends up being pretty logical. They have consistently static postures, spending most of the day hunched over, seated, and leaning to one side. Compound this with all of the other factors in life that frequently plague office employees, such as a lack of exercise and high stress, and regular back pain makes perfect sense.
It is not enough to be ambitious or goal driven as an HR professional, making progress demands a little more sometimes and your attitude must be smart to achieve more. If you are itching to boost your HR career in your present office or looking for a new HR job, we have some tips for you. 1. Increase your network. Whether you are looking towards landing a new HR job or to gain a more committing role internally, within your current company, increasing your network externally with people of your i
When an employer fires a worker for poor performance and the worker sues alleging some sort of discrimination, the employer must be ready to explain any apparent decline in its performance appraisals. That’s especially true if the worker previously received excellent reviews. The post When a previously good performer starts to slide, carefully document decline appeared first on Business Management Daily.
Financial wellness has generated a lot of buzz recently and with millions of dollars pouring into FinTech development it’s time to take the first look at the future of financial wellness through the lens of a recent Senate hearing. On August 21st the Senate Health, Education, Labor and Pensions Subcommittee (HELP) held a hearing on Primary Health and Retirement Security.
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.
Switching to electronic payslips not only marks you out as a modern employer – there are tangible benefits for employees and organisations alike. Electronic payslips (sometimes referred to as ‘epayslips’) are part-and-parcel of the majority of modern self-service HR systems. As well as making life easier for HR and payroll teams, employees also appreciate the benefits of having instant access to their pay records online.
Nurturing authentic leadership skills is a forever work-in-progress task. The baseline here is to reflect the best version of you while being true to others. Though it resembles a yet another theoretical concept, there are multiple studies available online which prove that leaders scoring high for authentic leadership are also likely to be rated as more effective by the higher authorities at a workplace.
Ironing out the details of a major meeting or event is always an exercise in micromanagement. Keep in mind this list of almost-guaranteed “whoops” moments. The post 4 things that will go wrong at that event you’re planning appeared first on Business Management Daily.
The Best Money Moves Team is heading to HR Tech and SAP’s SuccessConnect in Las Vegas. Will you be attending either of these events? If so, please stop by and say hello. We’ve got booths at both events (we’re booth #753 at HR Tech) and we’d love to show you our Best Money Moves financial wellness solution and explain why we’re winning awards, closing deals and making employees everywhere smarter about money.
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!
Digital capabilities are critical for success in modern-day HR, but many professionals are lacking the skills needed to succeed, say HR tech experts. With technology playing an increasingly central role in HR strategy and operations, there’s an emerging need for a new breed of HR professional – one with a hybrid of HR and IT capabilities – that arguably few HR departments are ready for.
The Queensland Labor Hire Licensing Act in Australia commenced on 16 April 2018 introducing a mandatory licensing requirement for labor hire service providers. The enactment of the Queensland labor hire licensing act follows the completion of a parliamentary inquiry into the labor hire practices in Queensland. The findings, documented in a Report of the Queensland Finance and Administration Committee , showed evidence of exploitation of workers in the labor hire industry.
How can you discharge or discipline an employee without ending up in court? Here are seven key tests of whether there's “just cause” for your action. The post How to avoid a wrongful-discharge suit appeared first on Business Management Daily.
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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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