Sat.Jul 02, 2022 - Fri.Jul 08, 2022

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Employee motivation: Definition and how to improve it

Achievers

Employee motivation can serve as a major driver of organizational success. But keeping team members motivated still proves elusive for many organizations today, and not without reason. Every employee responds to different motivators, and investing in the wrong ones only depletes your company’s budget without effect. Preferences also shift over time, so what engages your workforce right now is almost certain to evolve in the coming years.

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The impact of Boechler v. Commissioner on your payroll

Business Management Daily

Yes, the U.S. Supreme Court issued more mundane decisions this past term. One decision— Boechler v. Commissioner —has a direct impact on your payroll operations, at least if you’re late filing a Tax Court petition and the reason for your tardiness was beyond your control. It’s widely considered to be a win for taxpayers. As you might expect, the IRS doesn’t like being slapped back and it isn’t taking the Boechler decision lightly.

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Key Take-Aways from the 2022 AAFCS Annual Conference

Money Talk

I recently attended and presented at the 2022 annual meeting of the American Association of Family and Consumer Sciences ( AAFCS ), a professional association whose members help individuals, families, and communities achieve an optimal quality of life. Below are ten of my key take-aways from this meeting: Customer-Focused Education - Educators must always prepare content with the “customer” (i.e., student) in mind.

Finance 243
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Remote workplace challenges: How the US and UK compare (and what to do next)

TLNT

After dramatic events of the last few years, remote and hybrid work is commonplace. And all the signs are that it is a trend that will continue. According to a recent study, ‘ How managers are investing in remote and hybrid team success, ’ 93% of organizations across the USA, UK, Canada and Australia say they intend to keep a hybrid or remote model beyond the pandemic.

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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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Technology Literacy Will Determine a CFO’s Success

HR Digest

The one thing that will majorly influence the fate of CFO aspirants is their tech skills. According to a Gartner survey of 173 CFOs in November 2020, digital investments topped CFO agendas. Technology literacy is key to making informed decisions about digital investments. “ CFOs are leaning into the ‘digital mandate’ and are investing heavily in next-generation technologies,” said Alexander Bant, chief of research in the Gartner Finance practice. “However, they must remember th

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35 Awesome Halloween Costume Ideas For Work

Vantage Circle

The spirit of Halloween is incomplete without the costumes. A pinch of creativity is all you need to portray a character so spooky yet extravagant. And if you are celebrating Halloween in your workplace, it is time to let that imagination flow. Halloween celebrations at work encourage fun and frolic that equally boosts workplace morale. If you are out of ideas then this blog will provide you with a list of Halloween costume ideas for work that you can use.

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Your stereotype of star employees is wrong

TLNT

We humans are naturally drawn to people similar to us. That doesn’t mean you’re a bad person. Nor does it mean that you are racist, ableist, ageist, or any other – ist. It just means you are human. We like people who “get” us; who laugh at our jokes; who share background experiences; who think about the world in a way that supports our own beliefs.

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WWB Recap: Karin Hurt: How to Build a Team of Micro-Innovators, Problem Solvers and Customer Advocates

BerniePortal

On the final day of BerniePortal’s 5th annual users conference, Weekdays with Bernie , Karin Hurt—award-winning author of four books including– Courageous Cultures: How to Build Teams of Micro-Innovators, Problem Solvers and Customer Advocates – shared her expertise and offered practical tips and tools that she uses to develop leaders through her firm– Let’s Grow Leaders.

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8 Trends in HR changing the future of work

Insperity

For all the speculation about what the future of work will be like, one could argue that “the future of work” is already here – it actually began in mid-March 2020 when workers around the world were sent home by their employers to slow the spread of COVID-19. Prior to the pandemic, companies were toying with videoconferencing technology and allowing people to work remotely – but then things got serious.

PTO 105
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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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Eight reasons for rising healthcare costs

PeopleKeep

The average American spends a considerable amount of money on healthcare each year. Premium increases, higher deductibles and copays, and soaring prescription drug prices result in spikes in healthcare costs. According to the Centers for Medicare & Medicaid Services 1 , in 2021, healthcare costs skyrocketed to $4.3 trillion. Despite the decrease in health services accessed in 2020 due to the COVID-19 pandemic, national health expenditures are expected to reach $6.8 trillion by 2030 2.

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The Science of Small Talk—Why Small Talk Has Big Impact

HR Digest

Many people still have no idea on what the small talk purpose looks like because they haven’t tried it out yet. Professional small talk is highly recommended in the workplace. It is one of the effective social skills that bring people together. . Instead of being regular colleagues, employees get to develop and maintain healthy relationships amongst themselves.

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8 Types of Nonverbal Communication That Can Help to Improve Your Speech

BetterUp

Jump to section. What is nonverbal communication? Why is nonverbal communication so important? 8 types of nonverbal communication. 3 tips for understanding nonverbal communication. How to improve nonverbal communication. The bottom line.

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Confront Environmental Risk with an ERP

AssuredPartners

While not exclusive to agribusiness, environmental exposures, such as air pollution and contaminated water and soil, must be confronted. One tool that is particularly helpful in assessing risk is called a risk profile. Typically used to identify strategies and procedures for administrative risks, a risk profile can be expanded to address areas of environmental liability.

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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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All The Details You Might Need About Human Resources Information System

Qandle

The most popular HR software is a human resources information system (HRIS). This article will provide an overview of what an HRIS is, as well as all the information you need to have a fundamental grasp of the HRIS. A software program known as a h uman resources information system (HRIS) is used to organize and process specific personnel data as well as human resources-related regulations and procedures.

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13 Leading Change Management Models For Your Business

Vantage Circle

Change has been fundamental in responding to disruptions in the work and business environments. Whether for the newest technology in the market or the difficulties posed by Covid-19, it has become the need of the hour. But did you know that most organizational change initiatives (almost 70%) fail? It's possible that managers are feeling overburdened by the procedures.

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Defendants Secure Motion to Dismiss Victories in Three Post-Hughes Decisions

Proskauer's Employee Benefits & Executive Compensa

In April, we wrote here about the discouraging trend of opinions allowing commonly asserted breach of fiduciary duty claims in 401(k) and 403(b) plan investment litigation to survive motions to dismiss. While it may be too soon to declare a reversal of that trend, three recent decisions dismissing these types of claims present some hope for plan sponsors and fiduciaries that in appropriate cases they may be able to avoid the costs and burdens of class action discovery.

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Service Contract Act Fringe Rate Increases for 2022

AssuredPartners

The Department of Labor Wage and Hour Division (WHD) increased Health & Welfare (H&W) rates on wage determinations effective June 23, 2022. The new fringe rate is in effect for a particular contract only after the contracting officer incorporates the new fringe rate into that specific contract. The contracting officer should incorporate the new fringe rate that is applicable on the anniversary date of a multiple-year contract or at the beginning of the next contract option period after J

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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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Talent Management Process: What is it and why is it important?

Qandle

The talent management process encompasses all actions taken within a business to improve employee performance via recruitment, retention, rewards, and development. Businesses often struggle to find and keep great people, but by developing an effective personnel management plan, the process can be simplified and made more efficient. In fact, organizations that use strategic talent management techniques may expect to see a 38 percent increase in employee engagement and a 40 percent decrease in emp

IT 98
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How do taxes work for remote workers? | PeopleKeep

PeopleKeep

If you have remote employees in other states than where your organization is located, taxes can be challenging. While remote work has been a phenomenon for decades, the COVID-19 pandemic and technological advancements have made remote work an increasingly common situation for working Americans. According to McKinsey’s 1 2022 American Opportunity Survey, 58% of employees work from home at least once a week, while 35% work remotely full-time.

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The Cost of Unlimited PTO

HR Digest

Unlimited PTO is one of those workplace policy perks that is currently getting some attention globally. The term “unlimited PTO” simply stands for “Unlimited Paid-Time-Off.” It is a flexible vacation policy currently practiced by some companies globally, especially technology companies. Unlimited PTO is becoming a thing for a lot of companies. Employees enjoy having this flexible vacation policy.

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Which state laws apply to remote employees

Business Management Daily

During the pandemic, many businesses allowed their employees to work from home as a matter of safety. Now, remote work has become the norm. However, it can be tough to navigate the switch from a compliance perspective, particularly when it comes to out-of-state remote staff members. Many businesses, even very small businesses, have started to open up remote positions to a wider audience by removing geographic barriers.

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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.

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Lessons from Connecticut

Florida Workers' Comp

The Connecticut appellate court recently rendered its decision in Arrico v. Board of Education , AC 44409 and AC 44488, on appeal from the Workers' Compensation Review Board. Notably, the first line of appeal there is a specialized workers'' compensation board, similarly to Kentucky, see Is there a Doctor in the House (June 2022). The trial judge there is referred to as a Commissioner.

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7 Proven Strategies to Help Employees Combat Inflation Anxiety and Stress | Aspirational HR Series

Darwinbox

Inflation a nxiety and s tress are becoming debilitating issues haunting employees across businesses and industries. In this article, we are going to take a deep dive into the issue of inflation and how employers can help their workforces cope with the very real financial anxiet ies they’re facing.

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A whole new world? The challenges and opportunities facing insurance workforce in a post-pandemic world

LACE Partners

Last week we co-hosted our latest insurance forum along with Sheridan Worldwide’s Caroline Sheridan. The aim was to discuss how the sector is keeping up with the changing needs of its workforce in these transformative times and some of the discussions were fascinating, so we decided to take some of the key summary points and release in our latest LACE Partners blog.

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ESOP Litigation: Latest Trends and Questions

McDermott Will & Emery Employee Benefits

On May 6, 2022, McDermott Partner Chris Nemeth delivered a presentation during the 2022 TEA National Conference titled “ESOP Litigation: Latest Trends and Open Questions.” His presentation focused on recent significant employee stock ownership plan (ESOP) court decisions and emerging litigation trends in the ESOP industry. Chris and his co-presenter touched on the enforceability of […].

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The Definitive Guide to Onboarding for 2024

Hiring a new employee is an expensive and time-consuming process. According to the Society for Human Resource Management (SHRM), it typically costs $4,425 to hire a new employee — not to mention the 36 days the average team spends trying to fill a position. Yet nearly 1 in 5 employees (16%) of employees quit in their first week — and 17% leave after the first month.