Wed.Feb 22, 2023

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5 Things You Didn’t Know About Your FSA

CorpStrat

One of the biggest financial challenges people in the US are facing is whether or not they’re able to afford healthcare. People are already struggling to pay for the insurance premiums but on top of that, they’re afraid deductibles, prescriptions, and co-insurance might push them into the red. It’s no wonder that they’re struggling. Healthcare costs have risen faster than inflation.

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What Is Imposter Syndrome? Learn What it is and 10 Ways to Cope

BetterUp

Jump to section What is imposter syndrome? What causes imposter syndrome? Characteristics of imposter syndrome Types of imposter syndrome What kind of imposter are you? 15 questions to help you find out How to deal with imposter syndrome 10 tips for dealing with your imposter syndrome Bias and imposter syndrome The prevalence of imposter syndrome and why it matters “Any day now, they’re going to realize what a mistake they made in hiring me.

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Find Tech Innovation at Next Payroll Solutions Showcase

PayrollOrg

The 3rd Annual Payroll Solutions Showcase (PSS) March 2-3 is a free, virtual event geared to U.S. and global payroll industry service providers and companies with payroll and HR technology needs. There, companies can find innovative payroll-related solutions for their specific payroll issues. Register today.

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What Is the Law of Attraction, and Can You Use It to Change Your Life?

BetterUp

Jump to section What's the law of attraction? How does the law of attraction work? What are the ​​7 laws of attraction?

IT 124
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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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IRS Finalizes Rules to Lower Electronic Filing Threshold for 2024

PayrollOrg

The IRS finalized regulations to reduce the threshold for filing information returns (e.g., Forms W-2, 1099) electronically from 250 to 10 for returns to be filed on or after January 1, 2024.

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How To Create a Business Succession Plan

Kollath CPA

There is an unbelievable number of companies across a wide array of industries. This may lead you to believe that the creation of a succession plan must be a unique and one-off process. For instance, family businesses in particular carry distinctive cultures and reflect idiosyncratic histories in ways that might be challenging for outsiders to relate to, let alone understand.

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What is employee benefits administration?

PeopleKeep

Offering employee benefits is crucial for organizations to attract and retain top talent and ensure they stay competitive. But before you design your compensation package, you need a plan for managing your benefits to make sure they’re maintained properly. This is where benefits administration comes into play. Benefits administration starts with choosing the benefits and perks you want to offer, but it doesn’t end there.

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Emma Burroughs and Tania Goodman: Is there a decrease in remote working jobs being advertised?

Employee Benefits

It has been widely reported that the number of fully remote roles available has dropped significantly; this is a continuing trend month on month, making the job market more competitive for those seeking such roles. Initially, many employers have taken a more relaxed approach to the return to the office, but that seems to be changing, making fully remote roles increasingly rare.

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Absenteeism: Causes, Outcomes, and Solutions

BetterUp

Jump to section What’s absenteeism? 3 ways to be absent A deeper look at chronic absenteeism What are the consequences of work absenteeism? Are there any upsides to absenteeism? How can companies calculate an acceptable absence rate? 3 ways to improve your absenteeism 3 ways to improve your team's absenteeism Get back on track Sometimes, skipping work feels more than a little tempting.

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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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How To Fire A Toxic Employee: How to do it flawlessly

Hppy

Many people are uncomfortable with the idea of firing toxic people or removing people from their jobs. Yes, I agree it is unpleasant, but in reality, when a toxic employee quits or is fired, it’s a good thing for everyone involved. But we shouldn’t neglect the fact that many leaders still mistreat their employees, on the one hand, resulting in 55% less engagement from their side.

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HSBC reports 45.2% mean gender pay gap

Employee Benefits

Banking organisation HSBC has reported a mean gender pay gap for 2022 of 45.2% across its UK operations, and a median gap of 48.8%. HSBC employs 34,301 full-time employees in the UK, including 18,699 under the HSBC UK brand, with the remainder falling under various operations, including HSBC Global Services, HSBC Global Asset Management, and Marks and Spencer Financial Services.

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On demand webinar: How modern HR & Payroll systems drive operational efficiency

LACE Partners

Chris Kirby was asked to provide some insight on a panel with our friends from SD Worx, in the second of a foundational series looking at the challenges that both HR and Payroll teams face – from complexity and cost, as well as compliance. If you’d like to find out more about how we can support your needs from a Payroll perspective, please don’t hesitate to reach out to us.

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West Northamptonshire Council to pay £9,000 in unfair dismissal case

Employee Benefits

West Northamptonshire Council has been ordered to a pay a former manager of Everdon Outdoor Learning Centre nearly £9,000, after Northamptonshire County Council was found to have unfairly and wrongfully dismissed them. Northamptonshire County Council was dissolved in 2021, resulting in West Northamptonshire Council, which now owns the centre, taking on its responsibilities.

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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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Sample performance improvement plan for poor leadership

Business Management Daily

It’s important to address any performance issues promptly, but addressing poor leadership is arguably one of the most important issues to address. Underperforming leaders create underperforming employees, which hurts the bottom line of your business. They also create disengaged or unhappy employees, potentially leading to turnover issues down the road.

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Hermès to pay €4,000 bonus to staff globally

Employee Benefits

Credit: sylv1rob1 / Shutterstock.com French fashion and design brand Hermès has announced that it will pay its 19,700 employees a bonus of €4,000 (£3,519) this year. Axel Dumas, chief executive officer of Hermès, presented the year-end bonus plan at an analyst meeting on Friday 17 February. Dumas cited the brand’s net profit reaching €3.4 billion (£3 billion) as the reason why in a position to pay all employees worldwide a bonus.

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12 Women's Day Activities in Office: Special Activities on Special Day

Empuls

International Women's Day, celebrated on March 8th every year, is a day to recognize and celebrate the social, economic, cultural, and political achievements of women. It is also a day to raise awareness of gender inequality and to promote the advancement of women in all areas of life. In the workplace, Women's Day is an opportunity for organizations to show their support for gender equality and to create a more inclusive and empowering workplace culture for women.

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Anti-Discrimination and Harassment Policies in the Workplace: What You Need to Know in South Africa

Global People Strategist

We all know South Africa is a hotbed of vibrant culture and diversity. However, these qualities can often be overshadowed by the experiences that some individuals feel in their work environment. Whether it’s discrimination due to gender, race, or sexual orientation- no one should ever face prejudice at work…and yet it still happens far too frequently.

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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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100 Best Thank You Messages for Birthday Wishes to Your Office Buddies

Empuls

Celebrating birthdays in the workplace is an excellent way to recognize and appreciate your colleagues. It not only fosters camaraderie and team spirit, but it also strengthens relationships and promotes a positive work environment. When your coworkers take the time to wish you a happy birthday, it's important to show your gratitude and appreciation for their kindness.

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How Can HR Express Value to the C-Suite? | BerniePortal

BerniePortal

HR is responsible for countless organizational projects, DEI initiatives , employee success, hiring schedules, retention efforts , and more. And while they may not directly impact sales and growth, their initiatives create substantial value for an organization and often lead to improved long-term success and growth. Read on to learn about HR's role in an organization and how HR professionals can effectively demonstrate value to the C-suite and organization as a whole.

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The steps to launch an impactful employee discounts programme

Employee Benefits

Supporting financial wellbeing with a world-class employee discounts programme has moved from being a nice to have to a necessity. Inflation is putting more pressure on employees and employers are having to think outside the box to support with the cost of living crisis. Employers do have the opportunity to make a difference and offer financial support to make employees’ lives a little easier during times like these.

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Varicent ICM

HR Lineup

Varicent ICM (Incentive Compensation Management) is a comprehensive software solution that helps organizations manage their incentive compensation programs for their employees, sales teams, and channel partners. The software is designed to automate the process of calculating, tracking, and paying out incentives, ensuring that employees receive accurate and timely compensation for their efforts.

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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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Communication strategies prioritise purpose and values in 2023

Employee Benefits

Engaging employees around purpose, strategy and values was found to be the number one priority for 51% for communication strategies in 2023, according to research by Gallagher. The State of the sector 2023 report drew insights from around 2,000 communication and HR leaders from more than 50 countries. It discovered that 35% prioritised developing or refreshing internal communication strategies , and 19% were going to replace adapting channel strategies to hybrid working – this figure dropp

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ChartHop

HR Lineup

ChartHop is a cloud-based human resource management software platform that enables organizations to visualize and analyze their workforce data. It is designed to help HR professionals and business leaders make data-driven decisions about their employees and streamline their human resource processes. One of the key features of ChartHop is its compensation management module.

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Why Employee Engagement is Important in 2023

15Five

Just when we thought we were making progress on employee engagement, the U.S. took a step backward in 2022, according to a new Gallup report. The study found that while the number of engaged workers held steady at 32% last year, the number of actively disengaged employees rose to 18%. While we’ve thankfully gotten past some of the pandemic-related challenges of the early 2020s, it’s no time to take our eyes off the road or feet off the gas when it comes to employees’ personal and professional w

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Continu

HR Lineup

Continu is a cloud-based learning management system (LMS) designed for businesses to train and educate their employees. With its easy-to-use interface and customizable features, Continu offers a powerful solution for companies looking to deliver comprehensive training and development programs. The platform offers a wide range of features, including a central dashboard that enables managers to track their team’s progress and access important information at a glance.

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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.