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

article thumbnail

Should Compensation Be Tied to Performance Reviews?

15Five

Performance reviews can be scary. Sitting down with your manager to go over your performance for the last year and getting feedback is nerve-wracking but essential for employees who want to grow in their careers. For 35% of individual contributors , the annual performance review is the only time they get clear feedback from their managers. Since feedback is hard to come by, separating compensation and focusing on performance during the review process is necessary.

Bonuses 80
article thumbnail

What Are Payroll Taxes?

Patriot Software

Employers juggle many responsibilities, including calculating and withholding payroll taxes and other deductions. But, what exactly does payroll taxes include? And, how do you know how much to withhold from employees’ wages? If you’re wondering about understanding payroll taxes, never fear—your payroll taxes breakdown is here. What are payroll taxes?

Taxes 97
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Employee bonus programs: What’s right for your company?

Insperity

A thoughtful, high-value employee bonus program can help make the difference between struggling to recruit and retain talented employees , and having a workplace that employees never want to leave. That’s especially true in job markets that are tilted heavily in favor of job candidates. But before you dive in and implement an employee bonus program, it’s important to consider your options, evaluate what’s best for your company and find what’s most valuable for your people.

Bonuses 103
article thumbnail

What is employer branding? How to build a great employer brand

Achievers

Your organization’s employer brand should always be top of mind. It makes a major difference when it comes to attracting and retaining top talent. Let’s take a closer look at what employer branding is and what your company can do to organically build an employer brand that sets it up for success. What is employer branding? Employer branding is how you promote your organization to job seekers and current employees.

article thumbnail

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.

article thumbnail

Why taking a joke isn't the point

BetterUp

Jump to section. When joking isn’t a joke. How different types of humor impact teams. How “joking” damages psychological safety. What happens when you can’t “take a joke?”.

111
111

More Trending

article thumbnail

80% Of Tech Workers Are Looking For a New Job, Blind Survey Finds

HR Digest

According to a Blind survey, eighty percent of tech workers are considering looking for a new job this spring. Employees at Better and PayPal were the most likely to consider quitting, with 95 percent of those polled stating they were considering leaving. Many financial sector firms made the list, with at least 85% of respondents considering quitting Deloitte, American Express, Goldman Sachs, JPMorgan Chase & Co., and Capital One.

Salary 104
article thumbnail

New manager checklist — set yourself up for success

Business Management Daily

Congratulations! You have reached a career milestone by landing your first managerial position. At this exciting time, you’re likely intrigued by the possibilities, eager to get off on the right foot, and battling a few (or a truckload of) nerves. Butterflies are par for the course. After all, you want to prove to yourself and others that you deserve this increased responsibility.

article thumbnail

DOL Partners with DOJ to Target Anticompetitive Practices

BerniePortal

In March, the Department of Labor (DOL) announced a partnership with the Antitrust Division of the Department of Justice (DOJ) to “protect workers from employer collusion, ensure compliance with the labor laws and promote competitive labor markets and worker mobility.”. Here’s what employers need to know about this joint enforcement effort.

article thumbnail

4 tips for managing and supporting mental health at work

Sodexo Engage

Summary: Why you need to consider the mental health of your employees. 4 ways you can manage and support the mental health of your employees. Looking to support your people? 4 tips for managing and supporting mental health at work. Is your organisation seeing an increase in work-place stress, depression or anxiety? If so, you’re not alone. Although the rate of workplace mental health issues remained flat during the first half of the 21st century, it’s been on the rise since 2010, and the Covid-1

article thumbnail

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

article thumbnail

Going Back to the Office (As Told by The Office)

Benefit Resource Inc.

If you are feeling a bit stuck and overwhelmed by the idea of having to go back to the office, don’t worry. We will get you through it. Returning to the office, a moment of joy for some. Others would prefer to stay home. We’re coming to terms with the fact that life goes on, even though we have been through a lot. The world seems like it’s returning to what was in 2019.

article thumbnail

Should You Offer Benefits to a 1099 Employee? | PeopleKeep

PeopleKeep

With the rise of freelance and contract workers in the U.S., employers are grappling with how to integrate these contract workers within their organizations effectively. One of the most frequently asked questions regarding independent workers is whether 1099 employee benefits are required or not, especially when benefits are being offered to W-2 employees.

article thumbnail

How to Effectively Manage Payroll Services?

Qandle

Payroll administration is the difficult task of keeping track of your employees’ financial data, such as pay, benefits, taxes, and deductions. Calculating your employees’ salary, issuing payments, preserving payroll records, and collecting tax forms are all part of payroll management. Payroll is handled in a variety of ways by businesses: traditionally, with spreadsheets, or automatically via payroll software.

article thumbnail

How to make the most of employee benefits

Pacific Prime

Employee benefits are highly coveted in the workplace, but they are also largely misunderstood. Did you know that almost a third of American workers who are eligible for employee benefits (31%) admitted they do not fully understand any of the benefits they selected during their most recent open enrollment period? If you’re one of these. The post How to make the most of employee benefits appeared first on Pacific Prime's Blog.

article thumbnail

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.

article thumbnail

Is a post-COVID remote work policy right for you?

Business Management Daily

With COVID restrictions easing up and vaccines now readily available, many business owners are planning for the return to the office. Others are wondering if they’ll even really need an office at all after two years of their team working remotely without a loss of productivity. Deciding on the best course policy for your workplace can be tricky. There are a lot of pros and cons to weigh with each possible working arrangement, and newly empowered employees might have a lot to say.

article thumbnail

How to become an insurance broker

PeopleKeep

There’s no doubt that the insurance industry is tricky to navigate. That’s why insurance brokers are critical in helping consumers pick and choose plans that are right for them. According to the U.S. Bureau of Labor , employment of insurance brokers is projected to grow 7% between 2020 to 2030. What’s more, a Research and Market report found that the global insurance brokers market is expected to reach $113.99 billion by 2025.

article thumbnail

How to overcome a bad performance review

HR Digest

If you got a bad performance review , do not panic. We know how stressful it is and luckily, there are ways to overcome this situation. You just need to be patient and do not think in a negative way. . A bad performance review is an opinion of your boss that can be subjective, and this might not be the real evaluation of your work. You might have made some mistakes and this led to the negative performance, but there are ways to correct the mistakes and have the trust of your boss again. .

article thumbnail

Offer Competitive Benefits with BerniePortal’s Benefits Administration

BerniePortal

In a highly competitive job market, benefits packages can often be the differentiator that sets an organization apart from its competitors. But offering more robust benefits packages can also create more work for HR teams. As organizations look to ramp up their recruitment and retention efforts, streamlining benefits offerings is more crucial than ever.

article thumbnail

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?

article thumbnail

29 Success Tips to Accomplish Your Goals And Define Your Own Path

BetterUp

Jump to section. Success tip: create your own definition. 15 rapid-fire success tips for life. 7 success tips for your career. 7 success tips for your personal life. Don’t forget your mental health. The bottom line.

98
article thumbnail

Hangarkeeper’s Liability – Don’t Let Me Be Misunderstood

AssuredPartners

Hangarkeepers Liability - a powerful coverage but one most aircraft owners are not familiar with. Having a general working knowledge of this coverage is a tool you should have in your arsenal. A definition of Hangarkeeper’s Liability (HKL) is in order. In layman’s terms it covers an insured’s legal liability for damage to a non-owned aircraft in the insured’s care, custody, or control.

article thumbnail

Fine tune your workforce to run like a Rolls Royce

Bayzat

When it comes to getting employees to perform to a high level on a consistent basis, there’s no silver bullet. Inspirational talks may work on some, while others may need regular motivation or a light bit of bribery with a selection of donuts and muffins. The truth is many factors come into play. Motivating employees is only the tip of the iceberg – everything else that goes on underneath the waterline has a major impact in setting each employee’s growth direction and keeping track of thei

article thumbnail

How to Do Unlimited PTO Right | BerniePortal

BerniePortal

Unlimited PTO has become an increasingly popular benefit offered by employers to stand out in a competitive hiring market. There are many job opportunities available to top talent, and every advantage counts during your organization’s recruiting efforts. The key to offering unlimited PTO, however, is understanding and using it effectively. To learn more, here’s a guide to avoiding significant pitfalls associated with unlimited PTO, the overall benefits, and how you can effectively administer the

PTO 98
article thumbnail

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.

article thumbnail

What does health insurance cover?

PeopleKeep

Healthcare in the United States can be very expensive. Without insurance, Healthcare.gov estimates an accident leading to a broken leg can cost up to $7,500 to fix, and an average three-day hospital stay can reach up to $30,000. With the addition of the Affordable Care Act (ACA), access to affordable health insurance increased, giving more Americans agreat way to reduce unexpected medical costs to a more reasonable amount.

article thumbnail

National Work Zone Awareness Week, April 11-15, 2022

AssuredPartners

(Excerpts taken from the NWZAW Event Promotion Guide [i] ). Each spring, the American Traffic Safety Services Association (ATSSA) partners with the Department of Transportation (DOT) to promote National Work Zone Awareness Week (NWZAW). It is held at the beginning of construction season to remind everyone about the dangers of reckless driving in construction work zone with a focus on reminding drivers to use extra caution.

article thumbnail

Boomerang Employees: How Company Alumni Can Put You a Step Ahead

BetterUp

Jump to section. What is a boomerang employee? Why do employees boomerang? Pros and cons of hiring a boomerang employee. How to interview a boomerang employee. How to encourage the boomerang effect. Onboarding a boomerang employee.

97
article thumbnail

OFCCP Enacts Pay Equity Audit Guidelines | BerniePortal

BerniePortal

Recently, the Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP) initiated new pay equity audit guidelines, prompting contractors and organizations to look at their pay structuring more seriously. As more research has developed, evidence suggests that pay transparency may offer direct benefits to the success of an organization.

97
article thumbnail

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.