Benefits

5 Compensation Strategies for Challenging Economic Times

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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

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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 […]

Employee Well-Being

How Employers Can Support Working Parents During Daycare Shortages

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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 […]