Mon.Jan 24, 2022

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32% want to return to the office for their mental health

Employee Benefits

Nearly one-third of working Brits want to return to their offices this month (January) because they feel it would improve their mental health , according to new research. Smart building management platform Infogrid interviewed 2,000 UK employees via a OnePoll online survey for its 2022 Hybrid workplace report, which revealed that 32% were keen on a swift return to the commute on mental wellbeing grounds now restrictions have eased.

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Objectives of human resource management

Qandle

Human Resource Management (HRM) is an important pillar for every organization. In this blog we’ll be discussing about the goals and objectives of HRM. Table of contents. What is Human Resource Management? What exactly is the goal of HRM? What is HRM and how does it work? What are the HRM organization’s goals? HRM Objectives. What is Human Resource Management?

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82% of employers expect staff to work remotely into the future

Employee Benefits

New research has discovered that organisations are looking to continue flexibility over where and when people work, with 82% expecting employees to work remotely into the future at least part of the time, and spend on average two days every week away from the office. Real-estate and investment business JLL’s Perspectives for enterprises report also found that 48% of organisations in Europe, Middle East and Africa (EMEA) have still not developed a future of work programme to meet rising staff dem

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More Fuel To Aid Our Mission! Funding Round Led By TCV

Darwinbox

It gives us great pleasure to announce that Darwinbox has raised a new round of funding of $72 million led by Technology Crossover Ventures (TCV) along with participation from existing investors — Salesforce Ventures, Sequoia, Lightspeed, SCB 10X, JGDEV, Endiya Partners, and 3One4Capital. This brings the total investment raised thus far to over $110 million placing us amongst the most well-capitalized HR tech players in Asia.

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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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How to implement a pay strategy for hybrid working

Employee Benefits

Need to know: Reducing pay to reflect hybrid working can pose significant legal and practical challenges with implications on organisational fairness and inclusion. With the exception of salaries that already vary by location already, for example, those with a London weighting, reducing an employee’s pay would need their consent. A two-tier pay structure where new recruits are paid differently according to where they do the majority of their work could deter new talent from joining.

Overtime 124

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HR transformation: why it’s time for you to embrace the cloud

Bayzat

It’s no secret that businesses around the world are adopting cloud at a rapid rate. The Covid-19 pandemic has accelerated global cloud adoption in industries ranging from financial services and retail to healthcare and education. And this trend is expected to continue over the coming years. The global cloud computing market is predicted to grow from $445 billion in 2021 to $947 billion by 2026.

Payroll 98
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Amazon Continues Expansion into Healthcare: Whats Next? | BerniePortal

BerniePortal

Amazon has quickly become one of the most prominent organizations in the world. Now it appears they may be taking things to a whole new level. After testing the waters with several smaller features and programs, Amazon has officially made its way into the healthcare industry in a big way. They have established their own healthcare service, and they look to be primed for a bright future within the industry.

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Daisy Hooper: Cutting pay for hybrid workers is a risky strategy

Employee Benefits

After more than a year of adapting to Covid-19, we know from experience that remote and flexible working is not only possible, in many cases it’s desirable. Employees like it and the impact on business hasn’t been anywhere near as negative as some predicted at the beginning of the pandemic. Being allowed to work from home has shot to the top of many employees’ wish lists when considering a new job.

Salary 80
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What is a Catastrophic Health Plan and What Does it Cover? | BerniePortal

BerniePortal

HR professionals are responsible for curating and implementing employer-sponsored insurance plans. Due to the complex nature of health insurance, it is only natural that they may face additional questions from employees related to plan options during open enrollment. One type of health plan that HR should at least be familiar with is a catastrophic health plan.

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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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Insurance Companies Required To Cover Costs Of At-Home COVID-19 Tests

Wellable

To reduce the spread of COVID-19, mitigate future variants, and quickly and effectively treat those infected by the virus, the White House is shifting gears to boost testing in the United States. To do this, the administration is increasing access to tests by removing financial barriers and increasing test availability.

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Supplemental Tax Rates by State [+ When to Use Them]

Patriot Software

Generally, paying employees hourly or salary wages is a straightforward process. But, what happens when you pay employee commissions or bonuses? You may need to use a supplemental flat tax rate for federal and state income taxes. Not all states require supplemental tax rates. So, take a look at the supplemental tax rates by state […] READ MORE.

Taxes 74
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How To Run a Successful Wholesale B2B Distribution Business

Take It Personel-ly

Anyone who’s running a wholesale B2B distribution business knows that there’s a lot of work going on behind the scenes. From fulfilling large order volumes to handling the hiring process to planning and managing your cash flow, inventory, and sales, securing a long-term success is no easy feat as there’s a long list of boxes […]. The post How To Run a Successful Wholesale B2B Distribution Business appeared first on Take It Personel-ly.

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AssuredPartners Launches New Entity

AssuredPartners

Providing Specialty, Wholesale and Program Administration Solutions. LAKE MARY, FL, January 24, 2022 – AssuredPartners, an industry-leading insurance broker and consulting firm, announces the launch of a new specialty, wholesale, and program administration company called Accretive Insurance Solutions which will be led by Sean Smith who will assume the role of Chairman and CEO. " Accretive harnesses the power and expertise of the specialized firms that have joined AP over the past ten years

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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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4 Ways That All Teachers Can Tackle Financial Challenges Head On

Take It Personel-ly

Are you a teacher experiencing financial issues? If so, you are not alone, as research shows that many teachers across the US are also experiencing this. Learning how to face financial challenges head on starts with a clear understanding of your current situation. Try to examine your finances and look for areas where you can […]. The post 4 Ways That All Teachers Can Tackle Financial Challenges Head On appeared first on Take It Personel-ly.

Finance 66
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Does Your W-2 Look Wrong? It Could Be This…

Stratus.HR

Do you have questions about your W-2? From wage variations to outdated information, W-2s are one of our most-asked-about topics this time of year. In anticipation of your questions, our payroll department put together a short list of FAQs to answer everything you’ve been meaning to ask about your W-2. How do I get my W-2 if my address changed? Your paper W-2 may have already been mailed to your former address.

Taxes 64
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Violence in the Workplace – A Growing Concern

Hppy

Many times violence in the workplace stems from a stressful or traumatic event that a person has experienced beforehand either in the workplace or outside of work. When something happens at a place of employment that triggers the violent outburst it shows that there are certain things that can be done in order to prevent this violence from occurring in the first place.

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Atom Bank maintains pay while operating hybrid-working model

Employee Benefits

Atom Bank is one of many organisations that has embraced a hybrid-working model without any plans to change its pay strategy. The Durham-based business has kept its office open, while allowing its 430 employees to choose whether they want to work remotely, and also recently introduced a four-day working week for all of its 430 employees, all with no change in salary.

Banking 59
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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?

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How To Create an Inclusive Workplace Culture

Hppy

Many businesses take steps to create more diverse workplaces by hiring people of different nationalities, races, genders, and sexual orientations. Unfortunately, in many cases, that’s where the efforts come to a sudden stop, and it quickly turns out that what’s been done to this point is simply not enough. Cultural inclusion can improve your company culture, but it has to be approached from the right angle — everyone needs to feel they’re truly welcome, free to be themselves, a

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HR Summer School: Winter Break Edition

UpstartHR

In the last two years, I’ve had more people tell me “I never thought I would love summer school so much!” . Truthfully, I didn’t know that I would, either! It’s that love of getting together and inspiring each other that encouraged me to set up a special one-day session for HR Summer School lovers to get together during the cold months, and in keeping with the school theme, it’s called Winter Break !

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AXA UK and Ireland hires new chief people and CR officer

Employee Benefits

AXA UK and Ireland has announced the appointment of Suzanne Scott as its new chief people and corporate responsibility (CR) officer as of 1 May 2022. Scott will succeed Lucinda Charles-Jones, who has decided to step away at the end of April. Within her new role, Scott will be accountable for the people and corporate responsibility strategy, and will be a member of the UK and Ireland Management Committee, reporting directly to Claudio Gienal, CEO UK and Ireland.

Banking 59
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Cryptocurrency trading made easy with Bitcoin Evolution

Take It Personel-ly

Membrana.io was acquired by Bitcoin Evolution which was considered a bold move in the cryptocurrency world. Bitcoin Evolution’s ambitions are emphasized with the rebranding of Membrana and users can benefit from that greatly. Cryptocurrency provides terrific opportunities for people to start trading with Bitcoin, Ethereum, and other cryptocurrencies.

Finance 54
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The Complete People Management Toolkit

From welcoming new team members to tough termination decisions, each employment lifecycle phase requires a balance of knowledge, empathy & legal diligence.

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Shaw Healthcare to pay staff real living wage

Employee Benefits

Care home operator Shaw Healthcare has decided to pay its 3,200 employees the real living wage regardless of their length of service. As of 1 March 2022, depending on roles and the existing pay scale, all members of staff will see an increase in their salaries of between 3% and 10% per annum, with the lowest paid receiving the highest increase. The minimum that any employee will earn is now £9.90 per hour.

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Note-Taking Within a Meeting

Abel HR

In the workplace, note-taking within a meeting is a skill that will elevate the quality of your performance. In fact, having a polished system of taking notes can take you from a newbie to a proficient worker in the eyes of your peers. But first, what kinds of notes are you expected to take at work anyway? A frequently asked question is on meeting notes vs. minutes.

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Family Law Group transfers ownership to staff

Employee Benefits

Law firm Family Law Group has announced that it will transfer ownership to its staff in order to become an employee ownership trust (EOT). Three-quarters of the group, which currently has more than 130 employees across 10 offices, will now be owned by the EOT. All staff, regardless of seniority, will receive equal annual bonuses based upon the firm’s performance.

Bonuses 59
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Upcoming ACA and Medicare Filing Deadlines

Higginbotham

Upcoming ACA Reporting Deadlines. Affordable Care Act (ACA) reporting under Section 6055 and Section 6056 for the 2021 calendar year is due in early 2022. Specifically, reporting entities must: Furnish statements to individuals by March 2, 2022; and. File returns with the IRS by Feb. 28, 2022 (or March 31, 2022, if filing electronically). A proposed rule issued on Nov. 22, 2021, and mentioned in our Dec.

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6 Steps to a Better Compensation Strategy

Compensation is one of your biggest expenses as a business, but it is also your biggest investment in your people and your culture. A great compensation strategy can be an incredible asset that supports your business goals and lays a foundation of trust between your company and your employees. Whether you already have a compensation strategy in place or you’re building one from scratch, this guide will help you level up your approach through these 6 steps: 1.