Benefits

5 Compensation Strategies for Challenging Economic Times

Posted on

While signs indicate economic softening, employers must be active regarding compensation despite how they may be financially impacted in 2023. Companies should consider rising inflation, economic uncertainty, employee expectations, and the tight labor market as they develop their compensation packages and review schedules. Data indicates that many companies are considering larger-than-usual salary increases in 2023: […]

PEO Industry

Performance Reviews Part 2: How Technology Helps Engage Employees to Perform

Posted on

An employee success system, aka performance technology, is a tool that helps support goals, growth, and productivity, fuels engagement, and creates a sense of well-being for employees. The system should help your company systematically connect, measure, and empower the success of each employee, team, and unit in alignment with the overall goals and objectives of […]

Thought Leadership

A Guide to Hiring During Slowdowns

Posted on

While some companies have increased hiring coming out of COVID-19, others are looking to slow down hiring in 2023 until the economic forecast improves. A slowdown provides time to update the company’s image, reorganize recruiter reach out, revise hiring processes, benefits documentation, etc. Doing this now helps ensure you’re ready to hit the hiring gas […]

Employee Well-Being

What Research Says Employees Need From Their Leaders

Posted on

Concerning productive workers, numerous studies over the past two decades confirm that happiness matters when it comes to productivity. While it sounds simple, leaders must recognize that they are central to employees experiencing positive feelings, increased motivation, and engagement. This article references fundamental studies that leaders can draw from to help ensure employee happiness and […]

Benefits

Top Benefits Employees Expect in 2023

Posted on

Employees are paying greater attention this enrollment period to their employer-offered benefits. Inflation and the tight labor market impact how employees view their benefits as they weigh if the benefits are meeting their needs. Today it takes more than a competitive salary to recruit and retain top talent; it takes equity compensation, Fortune 500-caliber benefits, […]

Compliance

What Employers Need to Know About Worker Classification

Posted on

Classifying an employee correctly makes a difference in how you pay them, what taxes are paid by who, and how you deduct worker-related expenses. An employer may pay an independent contractor and an employee for similar work, but there are important legal differences between them. Therefore, employers must accurately determine whether the people providing services […]

Employee Well-Being

10 Ways HR Can Help Chronically Ill Employees

Posted on

In the U.S., six in ten adults have at least one health condition or disease that requires ongoing medical care and management. Chronic illnesses can present challenges for employees and their employers. Heart disease, cancer, chronic lung disease, and other conditions prevent employees from working to their full potential due to fatigue, medical appointments, and […]

Employee Well-Being

How Employers Can Support Working Parents During Daycare Shortages

Posted on

Many companies are experiencing the labor shortage twofold- filling their open positions and a daycare worker shortage impacting their employees. Responsibilities such as caregiving affect employees when daycare workers are in short supply as daycare centers close due to daily staffing shortages or permanently close altogether. It is estimated that 1 in 5 full-time employees […]