Mon.Feb 12, 2024

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What is Time and Attendance Management in HR?

Darwinbox

Time is a precious resource, especially within the realm of human resources (HR). Effective time management is vital for organizations to run smoothly and efficiently. This is where time and attendance management comes into play. This article provides an overview of the importance of time and attendance management in HR. It discusses the benefits of implementing a time and attendance management system and the various features that can be utilized.

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The key topics shaping the future of workplace financial wellbeing

Employee Benefits

Financial wellbeing has a key role to play in supporting HR goals such as recruiting and retaining employees and improving productivity. However, the factors influencing financial wellbeing strategies are changing. With insight from its latest Financial Wellbeing Research 2023 [1] in association with Reward & Employee Benefits Association, WEALTH at work reveals some of the key topics set to shape future financial wellbeing strategies.

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Safeguarding Your Business MVPs: The Power of Key Person and Disability Insurance

CorpStrat

In the world of sports, MVPs like LeBron James and Shohei Ohtani are considered invaluable assets to their teams. These players drive success, just like your key employees do for your business. However, have you considered what would happen if unexpected events were to occur? We’re talking about things like illness, disability, or the loss of a key team member.

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What actions can employers take to close the gender pensions gap?

Employee Benefits

More employers could introduce gender inclusive paid parental leave to prevent and try to close gender pension gaps. The Pensions (Extension of Automatic-Enrolment) (No. 2) Bill will remove the lower earnings limit, enabling more employees to pay into a pension. In order to help close the pensions participation gap, more education on schemes is needed.

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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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How Will AI Transform the World of HR

Darwinbox

AI has become a buzzword across industries, revolutionizing the way we work and interact. But what about its impact on HR? In this article, we will explore the effects of AI transformation on HR processes – paving the way for increased efficiency, improved decision-making, and enhanced employee experiences.

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What Are The HR Assessment Tools To Identify Top Candidates in 2024?

Darwinbox

In today's competitive job market, finding the right candidate is crucial. HR assessment tools streamline the hiring process by evaluating candidates effectively. These tools provide insights into skills, abilities, and personality traits. They revolutionize talent acquisition. In this article, we'll explore why HR assessment tools are crucial for identifying top candidates.

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The soft and hard skills every HR and benefits pro needs

Employee Benefit News

Having the right combination of competencies keeps us focused, organized and committed to innovation, collaboration and data mining.

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What is Time and Attendance Management in HR?

Darwinbox

Time is a precious resource, especially within the realm of human resources (HR). Effective time management is vital for organizations to run smoothly and efficiently. This is where time and attendance management comes into play. This article provides an overview of the importance of time and attendance management in HR. It discusses the benefits of implementing a time and attendance management system and the various features that can be utilized.

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15 Highest-Paying Tech Jobs in 2024

BetterUp

Learn about 15 of the highest-paying tech jobs and transition into a lucrative career. Find out what it takes to hold and excel in these roles.

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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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The Importance and Need for HR Document Management Software

Darwinbox

It’s no secret that HR departments handle a lot of paperwork daily – but manual processes can be time-consuming and inefficient. HR document management software solves this problem by digitizing, streamlining, and automating HR document processes. In this article, we'll discuss the challenges of manual HR document management and why adopting software is crucial for fast-growing businesses.

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The Ultimate Guide to Recruitment Marketing

HR Lineup

In today’s competitive job market, attracting and retaining top talent has become increasingly challenging for companies across all industries. Recruitment marketing has emerged as a powerful strategy to address this challenge by leveraging marketing principles to attract, engage, and nurture potential candidates throughout the hiring process.

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What is the Role of HR in onboarding?

Darwinbox

Starting a new job can be overwhelming, which is why the onboarding process is crucial for integrating new hires smoothly. HR teams play a vital role in this process, creating an exceptional employee experience from day one. This article explains the importance of HR in the onboarding process and how they contribute to creating an exceptional employee experience from day one.

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GLP-1 Drug Coverage in Canada

International Foundation of Employee Benefit Plans

A new survey report from the International Foundation of Employee Benefit Plans reveals results from a group of Canadian employers regarding considerations and coverage for glucagon-like peptide-1 (GLP-1) drugs, which have historically been used to treat diabetes and are increasingly being used […] The post GLP-1 Drug Coverage in Canada appeared first on Word on Benefits.

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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.

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Digital Performance Management: Optimize Employee Performance in Real-Time

Darwinbox

In the digital world, HR is more than just hiring and managing employees. HR now plays a strategic role in driving performance and engagement through technology. Digital performance management uses technology to monitor and optimize employee performance in real time. This article provides an overview of the importance of digital performance management and how to implement it in HR.

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Ready to hire? Make sure your background checks are compliant with clean slate laws and more

Employee Benefit News

Checkr found that 51% of organizations were either uncertain whether their screening policies were compliant or didn't have a policy at all.

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What are the Features of an Effective Performance Management System?

Darwinbox

A well-designed performance management system is crucial for optimizing operations and maximizing productivity in organizations. It involves setting goals, assessing employee performance, providing feedback and coaching, and rewarding achievements. This framework aligns individual efforts with organizational objectives, enhances productivity, fosters growth opportunities, and drives success.

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Heightened Labor Scrutiny Looms Over Workplace Rules

McDermott Will & Emery Employee Benefits

A recent National Labor Relations Board decision will likely expose a broader range of workplace rules to regulator enforcement. According to this HR Dive article, introducing even ordinary workplace rules during unionization could draw new scrutiny. However, as Christopher Foster and Marjorie C. Soto Garcia explain, there are steps employers can take to mitigate risk. […] The post Heightened Labor Scrutiny Looms Over Workplace Rules appeared first on EMPLOYEE BENEFITS BLOG.

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Want To Enhance Your Total Rewards To Achieve Organizational Success? Start Here.

Are you looking for ways to enhance your employee value proposition? Gallagher Better Works SM Insights has got you covered! Dive into the latest magazine issue and discover how flexibility, equity, recognition and strategically applied resources can improve your total rewards package. Download the PDF to learn more about: Building retirement benefits for a global and mobile workforce Promoting employee and organizational growth through succession planning Empowering women in leadership through

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The Importance and Need for HR Document Management Software

Darwinbox

It’s no secret that HR departments handle a lot of paperwork daily – but manual processes can be time-consuming and inefficient. HR document management software solves this problem by digitizing, streamlining, and automating HR document processes. In this article, we'll discuss the challenges of manual HR document management and why adopting software is crucial for fast-growing businesses.

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Status seeking drives non-executive directors to outstay effectiveness

Workplace Insight

Long-serving non-executive directors (NEDs) who can’t wean themselves off the social status attached to belonging to the corporate board are failing shareholders and damaging the companies they are meant to serve, new research from the University of Bath and Queensland University of Technology suggests. Board members who exceed their tenure are putting the identity and self-worth they gain from being a director ahead of their duty to shareholders, compromising board renewal and its financial and

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What are the Top Transformational HR Practices to Follow in 2024

Darwinbox

Transformational HR practices are the key to unlocking organizational success by creating a culture of growth, empowerment, and innovation. This article provides you with a detailed overview of the top transformational HR practices to follow in 2024 -- including leadership strategies, technology innovation, employee development, agile performance management, and change management.

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Raising the bar (and hell) with Antony Slumbers

Workplace Insight

Over a well-earned but unseasonable G&T, Antony Slumbers and Mark Eltringham discuss what makes work and workplaces great, and why bosses aren’t doing all they can to make them so. They also riff on the origins and wisdom of determining how much time people should spend in an office and how we escape the interminable binary loop of headlines about whether the home or the office is a better place to work.

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How to Build the Ideal HR Team

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

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The Importance and Benefits of A Blended Workforce Strategy

Darwinbox

By blending different types of talent, such as full-time employees, freelancers, and contractors, organizations can adapt more readily to changing business needs and market demands. It is one of the key requirements in today’s changing global economy. This article explains the importance of having a blended workforce strategy and the benefits it brings to organizations.

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Pay settlements expected to drop in 2024

Employee Benefits

Basic pay increase expectations have fallen for the first time since the start of the pandemic, according to the Chartered Institute of Personnel and Development’s (CIPD) latest Labour Market Outlook. After holding steady at 5% for more than a year, UK employers’ expected basic pay rises for the next 12 months have fallen to 4%. The report which surveyed 2,006 employers in January 2024, found that the median expected basic pay increase in the private sector has fallen from 5% to 4% since the las

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How Has Attendance Management Evolved in 2024

Darwinbox

Attendance management systems are software solutions that automate and streamline how organizations track employee attendance. They record hours worked, track absences, calculate overtime, and generate reports. In this article, we'll explore the benefits of using an attendance management system, key features to consider, and best practices for implementation.

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A year after SECURE 2.0, retirement race gap remains stubborn

Employee Benefit News

White Americans still have twice as much retirement wealth as savers of color, research shows.

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An HR Leaders Guide: 7 Questions To Ask When Developing Your Cancer Strategy

As HR and Benefits leaders are in the midst of evaluating cancer care solutions and designing their requirements for vendors, it’s key to know what questions to ask to ensure the development of a truly comprehensive strategy: from prevention to diagnosis to treatment to survivorship. Getting to the right answers starts with asking the right questions: How can better access improve engagement?