Fri.Dec 22, 2023

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Twelve Indiana Counties, State Will Have Tax Rate Changes

PayrollOrg

Effective January 1, 2024, 12 Indiana counties will have income tax rate increases and the state withholding tax rate will decrease to 3.05% from 3.15%.

Taxes 104
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5 global business risks employers should watch for in 2024

Employee Benefit News

Aon's global risk management survey breaks down what challenges pose the biggest threats to employer success.

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Navigating the Talent Landscape: HR Challenges and Solutions in Southeast Asia's Banking Sector

Darwinbox

The Southeast Asian banking sector is experiencing rapid growth and transformation, necessitating a more tech-savvy workforce to compete with fintech companies. Banks should turn to HR Tech to streamline talent acquisition, development, and management while focusing on upskilling, diversity, and positive employee experience. HR Tech is pivotal in helping banks overcome talent challenges and remain competitive in the digital era.

Banking 83
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Workplace culture, good leadership and more helped these companies succeed in 2023

Employee Benefit News

Whether adding new benefits or finding the perfect holiday gift, employers had plenty of wins in 2023.

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Balancing Cost and Care: 3 Key Considerations for Cost Optimization in 2024

Discover essential strategies for employers to balance cost optimization with care. The Top priorities for employers in 2024 are retaining talent, growing revenue and sales, and attracting talent. To achieve these goals, employers are turning towards comprehensive total rewards strategies informed by data-driven insights. Hear from industry experts on cost optimization strategies and how to leverage these approaches for a healthier workforce.

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Three Steps for Priming Your Agency for Acquisition

InterWest Insurance Services

If you are building your insurance agency with the goal of being acquired, there are steps you can take to sweeten the pot by positioning your agency for success and growth. For agency owners who one day want to cash out, the most important thing is having a thriving agency with direction and a strong business plan, having relationships with other players in the market (including competitors) and knowing what your agency’s strengths and weaknesses are.

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3 reasons leadership styles get in our way

Business Management Daily

Leadership styles are a major part of many leadership development programs, and a popular way to train leaders. It gives them a sense of who they are and how they can be most effective in their important and complex jobs. The modern concept of leadership styles has been around since the late 1930s and is typically traced back to Kurt Lewin’s study that identifies three core leadership styles.

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Importance of Training at Workplace in 2024

HR Digest

As hiring challenges continue, private companies plan to place importance on training or reskilling during the next 12 months, according to Deloitte’s December 12 private company outlook report on talent strategies. Large companies are adopting a model that views importance of training and development for work as a set of skills instead of relying on roles that require extensive professional qualifications.

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How to Become a Life Coach: 4 Steps to Getting Certified

BetterUp

Jump to section How to know if life coaching is a promising career for you 4 essential skills for every life coach How long does it take to get a life coaching certification?

IT 52
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The CAA gag clause prohibition attestation conundrum

Employee Benefit News

In the wake of a hastily drafted law that leaves plan sponsors with questions, the goal is to be "as compliant as possible.

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Individual Development Plan Template

There’s no way around it: sometimes employees need your help. Use this free template to clarify expectations, share resources, and set a timeline. Best case scenario, this process helps them improve. Worst case, your great recordkeeping keeps you compliant even if they move on. Download the template today!

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7 Best Jobs for a Career Change in 2023

BetterUp

Ready for a professional shift? Read up on the best jobs for a career change, what makes them great, how much they pay, and the skills you need.

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Top 10 Appellate Decisions During the 100 Years of NCCI

The Workcomp Writer

Heartiest congratulations to the National Council on Compensation Insurance (NCCI) as it celebrates 100 years of service to the workers’ compensation system. “Our” system has seen substantial changes over the years and NCCI has deftly adapted along with it. Recently, as I contemplated NCCI’s strength and resiliency, I thought it would be interesting to highlight and discuss some of the truly significant workers’ compensation appellate decisions that have been handed down since 1923.

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How Kreg Tool Skyrocketed Engagement and Reduced Turnover by over 20%

15Five

Kreg Tool specializes in innovative woodworking tools. The Challenge After moving into a new facility they noticed a problem: their employees weren’t very engaged. This was causing issues like low performance and a high level of turnover – about 40-45% of employees were leaving the company each year. This was costly. Kreg, with a mix of manufacturing and office staff, calculates their turnover costs at approximately 30% of an employee’s salary to replace them.

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Financial tips for your LGBTQ+ community

Employee Benefits

The personal finance benefits to married LGBTQ couples have expanded by leaps and bounds in the last decade since same-sex marriage was legalized. Yet, gaps in financial education and familial wealth still exist when LGBTQ couples are compared to their non-LGBTQ counterparts. These may include challenges when it comes to saving, investing, applying for loans and facing discrimination when working with financial intuitions or financial advisors.

401(k) 105
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The Ultimate Performance Review Checklist

Performance reviews are a proactive way to engage with your employees, provide clear communication about expectations, and acknowledge them for their hard work. But getting the right framework and creating consistency across your organization can be tricky. We put together this checklist to help you evaluate your current performance review process and equip managers with the right tools to perform individual assessments.