When deciding on which voluntary benefits to offer your employees, several key considerations can help you tailor your offerings to meet the needs of your workforce effectively. Voluntary benefits can significantly enhance your overall benefits package, making your company more attractive to current and potential employees. Here are some factors to consider: Demographics of Your...
By Kathy Gurchiek Empathy, civility, compassion—all are watchwords in recent years that emphasize an employer’s people-first focus toward employees as well as clients and customers. Walmart recently highlighted the role managers play during a weeklong training session that focused on the value showing compassion toward workers, The New York Times reported. The training was part...
Voluntary benefits offered by employers can vary widely, providing a broad spectrum of financial and personal protections to meet diverse employee needs. Here’s a list of common types of voluntary benefits you might encounter: Supplemental Health Insurance: This can include various types of insurance that complement your primary health insurance, such as: Critical Illness Insurance:...
By monday.com Many young workers these days feel so unprepared for office life that they aren’t even lasting long enough to receive their first paychecks. In a ResumeBuilder.com survey, 74% of managers and business leaders said they believe Gen Z is more difficult to work with than other generations, and 12% have fired a...
Selecting voluntary benefits can be an important aspect of your overall benefits package for several reasons. These benefits, which are typically offered by employers but paid partially or entirely by employees through payroll deductions, can enhance your financial security and well-being. Here are several reasons why you might consider selecting voluntary benefits: Personalized Coverage: Voluntary...
By Kathy Gurchiek While generative AI is helping job candidates write cover letters and craft resumes, scammers are using it to create fake job descriptions that ultimately can result in identity theft and a drained bank account for those snared by these schemes. “With the aid of generative AI technology like ChatGPT, scammers find...
Outsourcing bookkeeping services can offer several benefits to businesses, especially small and medium-sized enterprises. Here are some of the key advantages: Cost Savings: Outsourcing bookkeeping can often be more cost-effective than hiring an in-house bookkeeper or accountant. Businesses can save on employee salaries, benefits, office space, training, and equipment expenses. Expertise and Specialization: Outsourcing firms...
On Jan. 9, the Department of Labor’s Wage and Hour Division (WHD) released its highly anticipated final rule on worker classification, “Employee or Independent Contractor Classification Under the Fair Labor Standards Act.” The final rule, officially published on Jan. 10, will become effective 60 days after it is published on March 11 in the Federal Register....
The level of detail required for your bookkeeping depends on various factors, including the size and complexity of your business, industry regulations, and your specific reporting needs. Here are some general guidelines to help you determine how detailed your bookkeeping should be: Legal Requirements: First and foremost, your bookkeeping must meet legal and regulatory requirements....
By Kathy Gurchiek Ninety percent of HR professionals say they take immense pride in their work, but they’re stretched thin trying to meet their organizations’ needs, according to new research from SHRM. Inflation and its impact on their employer’s budget—especially on wages and hiring—continues to be their organizations’ overriding concern. “SHRM has found...
Copyright by People First INC. All rights reserved. 2022
2022 Copyright by People First Inc. All rights reserved.
