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In an economic landscape marked by rising inflation, businesses are facing new challenges in managing employee compensation. The delicate balance between maintaining financial stability and ensuring employee satisfaction has never been more critical. For business managers and HR professionals, understanding and adapting to these changes is not just a necessity but a strategic imperative. Here […]
Is unconscious bias impacting international assignment opportunities in your organization? We all have unconscious biases in one form or another—they are impossible to consistently avoid.
In the quest to streamline, analyze, and automate employee support processes, HR professionals have a multitude of technology platforms and tools to choose from. But how can they determine which investments are worth the expense?
When President Joe Biden signed the American Rescue Plan Act of 2021 (ARPA), one of the effects was to make COBRA continuation coverage free for certain qualifying individuals and their families from April 1 to September 30, 2021. The free coverage is available to those who lose group health plan coverage because either (1) they […]
Remote. Hybrid. No matter how your team is working, there’s something missing: connection. As humans, we thrive on interactions. At work, even more so. COVID forced us apart, and now, workers are craving connection, meaning, and purpose more than ever. Without those, staff become disengaged, unmotivated, and ultimately leave to find them elsewhere. Given that […]
If you’ve ever had employees who were struggling in their role, you’ve probably considered your options. It’s a sticky situation to be in. You could let them go, creating a huge headache of turnover time and costs; you could retain them at their current capacity, leaving you feeling frustrated and the role unfulfilled; or you […]
Executive positions are often the most challenging to recruit for. As an HR professional, you know just how important it is to find the right match for the business. A wrong executive hire can lead the company in a negative direction that can be difficult to recover from, which puts a lot of responsibility on […]
Retirement plans always have been an excellent vehicle for creating current tax deductions for businesses. For a business that passes through income to its owners, the business’s retirement plan often is designed to reduce each owner’s personal taxable income by a share of the retirement plan’s contributions.
A “boomerang employee” refers to an individual who returns to work for a previous employer after a period of absence. Hiring and rehiring former employees is increasingly common in the modern workplace, with some organizations actively encouraging and welcoming their return. Boomerang employees can bring back valuable experience, skills, and familiarity with the company culture, […]
In part 1 of this article, we explained what a “returnship” is. In short, it’s a recruiting program focused on individuals who are returning to the workforce after some form of extended absence. This may have been child-rearing or caregiving—two of the most common examples—but could be any number of other reasons as well. The […]