Practical HR Tips, News & Advice. Updated Daily.
We all know the high costs associated with employee turnover—roughly $450 to $550 billion a year, which is why it’s vital you offer new hires a good onboarding experience, as well as a great company culture to keep them sticking around.
We’ve recently looked at four suggested teambuilding activities. Here we look at the next four.
Employers are coming to realize in increasing numbers the importance and value of creating job descriptions that reflect inclusivity. Carefully drafting descriptions to avoid traditional gender-based biases leads to many benefits, including promoting gender diversity and bolstering your recruitment efforts by attracting more qualified applicants for your open position. Step 1: Eliminate Gender-Bias There are […]
In a May 18 ruling, the Texas Supreme Court compelled a stop-loss insurer to pay a direct premium tax on stop-loss policies sold to self-funded health plans. Stop-loss insurance written in Texas for self-funded plans is not “reinsurance” and thus must pay state levies and follow state insurance rules, the court held. American National, a […]
An Arkansas employee recently filed for workers’ compensation, citing a gradual-onset injury from lifting and stacking wood during her 12-hour shifts over a 5-year period. Was she entitled to workers’ comp benefits?
The Internal Revenue Service (IRS) intends to issue opinion and advisory letters for some preapproved defined benefit (DB) pension plans restated for changes in plan qualification requirements, the IRS announced March 9.
How effective is your information technology (IT) training and development program? In today’s Advisor, we have 3 tips for getting a bigger bang for your IT training buck.
Although it’s understood your job isn’t a lifetime commitment, it can still come as a shock when a colleague announces his or her departure. And it can be even more jarring when the departing team member is a manager or another member of the leadership team, who are generally viewed by staff as institutional.
Benefits and compensation are an integral component of the HR space. They can directly influence retention and employee engagement, as they span the health, financial, and work/life balance spaces. According to SHRM, the top 5 benefits categories that mattered most to employees were health-related, retirement, leave, flexible working, and family-friendly benefits. So, what should HR […]
Flexibility has moved from a ‘nice-to-have’ to a ‘non-negotiable’. Ever since the pandemic reshaped how and where we work, employees have been rethinking every corner of their employment—from hybrid schedules to mental health benefits to how and when they get paid. One of the clearest signals is the growing demand for on-demand pay. Today’s workforce […]