According to a 2020 study by Upwork, "By 2025, 36.2 million Americans will be working remotely, an 87% increase from pre-[COVID-19] pandemic levels." While many businesses expect to stay fully remote, a great many others are taking the hybrid road. In the LaSalle Network's 2021 Office Re-Entry Index survey, business leaders were asked how they believe their workforce will be modeled 12 months … [Read more...]
Getting Offboarding Right
Like other HR branches, offboarding is evolving drastically. Offboarding is no longer about creating a list of administrative tasks and checking all the boxes. These days, offboarding can help you: Identify recruiting strengths and weaknesses. Detect onboarding problems. Spot employee turnover issues. Measure the departing employee's perception of the company. Keep your brand and … [Read more...]
Emergency Savings Accounts: Help Employees Save for a Rainy Day
The numbers paint a bleak picture: Almost half of all Americans would struggle to pay for an unexpected $250 expense, according to the October 2020 Marketplace-Edison Research Poll. Nearly one in four Americans has no emergency savings, and another 26% have less than three months of savings, per a December 2020 report by the Life Insurance Marketing and Research Association … [Read more...]
How To Handle Your First Payroll
Regardless of whether your first payroll involves a few employees or many, the goal is to execute payroll in an accurate and compliant manner. Here are some steps to help you manage your first payroll. Get an EIN and perform the necessary state registrations. Obtain an Employer Identification Number from the Internal Revenue Service. If required, register with the state department of revenue … [Read more...]
3 Easy Ways to Hire Better Employees
1. Know who you want, then pursue them quickly. Ultimately, it comes down to this: What does the role require? And who is best suited for it? Even if the open position is identical or similar to others in your company, remember that no two people are exactly alike โ even if they share similar backgrounds, values, traits, qualifications, and job duties. Therefore, you'll need to determine … [Read more...]
How To Support Employees in Wellness
Tom Brady won the Super Bowl โ again. What are you going to do? If seeing Brady make an end zone run at the age of 43 guilted you into renewing your gym membership, you know that motivation to better oneself can come from many places. Maybe we can do a bit of motivation as employers. On the heels of one of the most difficult years in a generation, setting and keeping wellness goals might be … [Read more...]
Are You Conducting Pay-Equity Reviews?
Along with being required by law, pay equity promotes an environment in which employees believe they are being fairly rewarded for their work. Pay equity is also crucial during recruiting, especially when employers are vying for talent in a tight labor market. By conducting pay-equity reviews, you can determine whether your compensation practices are lawful, fair and competitive. The first … [Read more...]
Biometric Time Clocks: What Are the Laws?
Time theft reportedly costs U.S. employers over $400 billion yearly in lost productivity. Further, in a survey by Software Advice, 43% of hourly workers admitted "to exaggerating the amount of time they work during their shifts." To prevent time theft, employers are utilizing biometric time clocks. According to the Software Advice survey, biometric time clocks seem to be the best way to prevent … [Read more...]
Do Employers Have to Pay for New Hire Orientation and Training?
Orientation formally introduces the new hire to the company โ including its mission, culture, values, vision, policies, procedures and fringe benefits. Training equips the new hire with the knowledge he or she needs to perform the job satisfactorily. Should the new hire be paid for time spent at either event? Generally, yes. Under the Fair Labor Standards Act (FLSA), employers must pay new … [Read more...]
Keep the Human Touch in Benefits Communications
Technology enables employers to distribute benefits information rapidly to employees. From apps to online portals, and from emails to text messages, employees can access benefits data with just the click of a button. Along with transmitting materials electronically, digital solutions help employees better manage their benefits. Employees can, for example, apply for paid time off, enroll in … [Read more...]
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