Sat.Dec 14, 2024 - Fri.Dec 20, 2024

article thumbnail

Top 18 Employee Incentive Ideas To Boost Engagement

Empuls

In today's competitive business world, implementing impactful employee incentive ideas is essential for boosting motivation, engagement, and retention. Thoughtful incentive ideas can go beyond standard rewards to spark enthusiasm, increase loyalty, and foster a stronger sense of team unity.  According to the IRF 2024 Trends Report , incentive ideas are not just perks but powerful tools for attracting and retaining top talent in today’s tight job market.

article thumbnail

Your 2025 benefits compliance checklist: What you need to know

WEX Inc.

Staying compliant with benefits regulations is essential for avoiding penalties, safeguarding your business, and maintaining employee trust. With new deadlines and changing benefits compliance requirements each year, its vital to stay informed and organized. This 2025 Benefits Compliance Checklist outlines key topics, dates, and additional areas to keep an eye on, ensuring your company meets regulatory obligations throughout the year.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Strategies for effectively implementing pay for performance

Higginbotham

Pay for performance is a strategy that links employee pay to their results with the goal of motivating employees by rewarding high achievers. When considering or implementing a performance-based compensation strategy, its important to consider its benefits, disadvantages and best practices for implementation. What is pay for performance? The pay-for-performance model incentivizes employees by linking their total compensation directly to their performance outcomes.

article thumbnail

How a living benefit rider can add value to life insurance

Higginbotham

Many people purchase life insurance as a way to ensure that their loved ones will be financially secure in the event of their untimely death. But, if your life insurance policy has a living benefit rider, you may also be able to claim benefits for yourself during your lifetime. What is a living benefit rider? Riders are clauses that can be added to an insurance policy to change the policy terms or to add coverage.

article thumbnail

How To Master Cost Management In Benefits Without Compromise

Speaker: Carol McBride, PHR, SHRM-CP

What if you could reduce costs and simultaneously enhance the value of your employee benefits? As companies face pressure to cut costs while employee expectations are on the rise, it’s crucial to rethink how benefits are managed. The key to success lies in optimization, not just cuts. Discover how to sustain employee satisfaction, reduce unnecessary spending, and build a benefits program that is agile enough to meet both financial goals and employee expectations in a fast-moving environment.

article thumbnail

Unlocking the power of 360-degree feedback for your rewards and recognition program

Achievers

How can hearing from all angles supercharge your recognition and rewards efforts? The answer lies in 360-degree feedback a powerful tool that gathers insights from an employees peers, managers, and direct reports to create a well-rounded view of performance. This comprehensive feedback model is fast becoming a cornerstone of modern employee engagement strategies.

More Trending

article thumbnail

How Will AI Change Executive Search?

HR Lineup

Executive search is a critical function in organizations, identifying and recruiting top-tier talent for senior leadership roles. With the rapid advancement of Artificial Intelligence (AI), this field is poised for transformative change. From improving candidate sourcing to enhancing decision-making, AI is reshaping the way executive search firms and organizations operate.

article thumbnail

How AI is impacting HR

Employee Benefit News

Artificial intelligence is doing more than just sifting through hundreds of resumes. It can now predict when an employee needs to access a benefit.

IT 122
article thumbnail

How to combine employee retention bonuses with recognition for maximum impact

Achievers

Did you know that for entry-level positions, turnover costs range from 30% to 50% of the employees annual salary ? Or that for mid-level roles, its 125% to 150%, and for high-level or specialized positions, the cost soars to an eye-popping 400%? Beyond the financial hit, high attrition drains morale, disrupts workflows, and impacts overall productivity.

Bonuses 199
article thumbnail

Six Indiana Counties Have Tax Rate Increases Effective January 1

PayrollOrg

Effective January 1, 2025, the Indiana Department of Revenue revised Departmental Notice No. 1 to reflect that six counties have income tax rate increases.

Taxes 138
article thumbnail

The Great Disruption: Leveraging AI To Better Your Benefits Strategy

Speaker: Joana Ardelean, MSHRM, PHR, SHRM-CP, CC

The benefits landscape is shifting rapidly, and AI is at the center of this transformation. From optimizing health and wellness programs to predicting future benefits needs, AI is empowering HR and total rewards leaders to make smarter, more proactive decisions. The challenge? Understanding where AI fits in your strategy and how to leverage it effectively while keeping employee well-being at the forefront.

article thumbnail

The Benefits & Challenges of Recruiting for High-Net-Worth Individuals

HR Lineup

Recruiting for high-net-worth individuals (HNWIs) is a unique niche in the recruitment industry. It involves sourcing and hiring professionals for private households, businesses, or personal projects of affluent individuals. While this niche presents lucrative opportunities for recruiters, it also comes with its own set of challenges. In this article, well explore the benefits and challenges of recruiting for HNWIs, providing insights for recruiters navigating this specialized market.

article thumbnail

10 Ways to Be Productive During the Last Two Weeks of the Year

HR Bartender

Estimated reading time: 5 minutes Ive noticed that in a few of my recent articles I mentioned projects that might be perfect for the end of the year. So, I thought today might be a good time to expand on the idea and share ways to be productive during the last two weeks of the year. Before I became a consultant, I often worked during the final two weeks of the year.

article thumbnail

10 ways tech made business better in 2024

Employee Benefit News

From health to hiring, a look at how technology is changing the overall employee experience.

article thumbnail

New Paid Family Leave Program Requirements in 2025

PayrollOrg

Effective January 1, 2025, employers in Delaware and Maine must begin making contributions to state paid family and medical leave programs. Employers in Maryland will have new contributions due in July.

Medical 118
article thumbnail

10 HR Metrics for 2025: HR Data Toolkit

The right HR metrics can illuminate hidden trends, justify decisions to the C-suite, and give you an edge in this unpredictable economy. Download Paycor’s guide and learn how to calculate your: Cost-per-Hire Total Financial Impact of Absences Voluntary Turnover Rate And more!

article thumbnail

Walmart Employees Don Body Cameras at Select Stores

HR Digest

Kickstarting a new pilot program at select locations, Walmart employees are now testing body cameras as a new security measure against rising threats faced in-store. Walmart isnt the first retailer to begin testing body cameras as a safeguard against theft and violence, but it is one of the largest in the country to do so. Shoppers have grown more brazen with their attitude against store employees and with the holiday season here, tempers are even higher.

Retail 98
article thumbnail

Employee Scheduling Software: 10 Best in 2024, Reviewed!

Vantage Circle

Introduction With so many tools available, it can be daunting to choose the right employee work scheduling software. Effective employee shift scheduling goes beyond just adjusting and filling employee time slots; it requires a thoughtful approach to match availability, skills, and business demands. Reviewing numerous employee work scheduling software, I have curated this list of the most efficient tools to help you simplify the process, minimize conflicts and save valuable employee time.

Software 105
article thumbnail

Did Americans contribute enough to their retirement in 2024?

Employee Benefit News

Betterment at Work surveyed 1,000 employees about how confident or anxious they're feeling about their financial futures.

article thumbnail

DOL Issues Dual Jobs Final Rule, Restores Previous Tip Regulations

PayrollOrg

On December 17, the U.S. Department of Labor (DOL) issued a dual jobs final rule that reinstates tip regulations prior to the rule issued by the agency in 2021.

118
118
article thumbnail

Navigating Payroll Compliance: Future-Proofing Payroll in an Evolving Regulatory Landscape

Speaker: Jennifer Hill

Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.

article thumbnail

Starbucks’ Parental Leave Policy Doubles the Paid Leave for New Parents

HR Digest

With Netflixs parental leave policy on shaky grounds , Starbucks parental leave policy is now offering to provide industry-defining benefits to employees by doubling the leave allowance currently available to workers. On a mission to make Starbucks the Best Job in Retail, the company has decided to expand its leave policy after employees indicated that its current 6-week program was insufficient for them.

article thumbnail

What Is a Hybrid Fee Structure? A Comprehensive Guide

HR Lineup

Recruitment is a dynamic field where innovation and adaptability play a pivotal role in meeting the needs of both clients and candidates. One such innovation is the hybrid fee structure, a payment model that combines elements of traditional contingency and retained recruitment methods. It offers a middle ground, allowing businesses to benefit from the strengths of both approaches while mitigating their downsides.

article thumbnail

How to build a health plan that will survive 2025

Employee Benefit News

Experts from Nava Benefits and Garner Health break down how HR teams can tackle their health plan strategies in 2025.

article thumbnail

IRS Releases Forms W-4, W-4P, and W-4R for 2025

PayrollOrg

The IRS released the 2025 Forms W-4, W-4P, and W-4R.

104
104
article thumbnail

Where You Can and Absolutely Cannot Cut Costs Corners in Benefits Administration

Managing benefits administration is costly, and cutting corners in the wrong places can lead to disengaged workforces and the risk of non-compliance. This eBook from Selerix highlights areas where you can save without compromising the value of benefits. Proactively Thinking: Make decisions for the long run. Discover ways to be proactive in your decision-making to save money in the future, not just temporarily.

article thumbnail

Amazon and OSHA Reach a Settlement Weeks Before Scheduled Trails

HR Digest

After a lengthy investigation and considerable back and forth between the two parties, Amazon and OSHA have reached a settlement amounting to $145,000 in penalties. The Occupational Safety and Health Administration (OSHA) was charged with looking into complaints of workplace safety violations across Amazon facilities, particularly the 10 in New York, Florida, Idaho, Colorado, Pennsylvania, Illinois, and New Jersey, that were cited in the settlement.

article thumbnail

Is Overtime Taxed Differently Than Regular Wages?

Patriot Software

If you have nonexempt employees, you have to pay them overtime wages whenever they work overtime hours. In each pay period, you need to track employee time worked. Then, at the end of the pay period, you will calculate employee compensation. You will also have to withhold employment taxes.

article thumbnail

Wellhub study finds workers prefer a hybrid approach to wellness

Employee Benefit News

The results show that employees who used both digital and in-person wellness options had double the engagement rate.

article thumbnail

IRS Releases 2025 Forms W-4, W-4P, and W-4R

PayrollOrg

The IRS released the 2025 Forms W-4, W-4P, and W-4R.

104
104
article thumbnail

4 HR Priorities for 2025 to Supercharge Your Employee Experience

Speaker: Carolyn Clark and Miriam Connaughton

Forget predictions, let’s focus on priorities for the year and explore how to supercharge your employee experience. Join Miriam Connaughton and Carolyn Clark as they discuss key HR trends for 2025—and how to turn them into actionable strategies for your organization. In this dynamic webinar, our esteemed speakers will share expert insights and practical tips to help your employee experience adapt and thrive.