Whether or not it is a requirement to have an employee handbook can depend on the jurisdiction in which a business operates. In general, there is no universal legal requirement mandating that all employers must have an employee handbook. However, having one is considered a best practice for several reasons: Clarification of Rules: An...
By Kathryn Mayer Employees will be able to sock away more money in their health savings accounts (HSAs) next year, thanks to rising inflation. The annual limit on HSA contributions for self-only coverage in 2025 will be $4,300, a 3.6 percent increase from the $4,150 limit in 2024, the IRS announced May 9. For...
You don’t want to have these goals and then just tell employees this is what I need you to do and they don’t understand why they’re doing those things. If they understand this is our financial goal and I do that every quarter, this is our quarterly goal, this is where we need to be,...
Balancing structure and flexibility is really important because I guess from my perspective, I am not a micromanager. I want my people to be educated and have the knowledge and the skills to be able to do their job. I want to then give them their tasks and then I want them to be able...
Not having an employee handbook in an organization can lead to several challenges and potential issues, both for management and the employees. Here are some of the implications and what you might consider doing about it: Implications of Not Having an Employee Handbook Lack of Clarity on Policies and Procedures: Without a handbook,...
By Kathryn Mayer Employers looking to hire new talent may have to shell out more money than they have in years. The lowest average pay that people would be willing to accept to take a new job—also known as the reservation wage—has jumped significantly over the past year, reaching $81,822 as of March. That’s...
A CFO saying, “you know, what if we train them and they leave?” And the CEO came back, “what if we didn’t train them and they stay?” That leads me to someone years ago that I worked with who said, “I would love to have an individual put on their resume that they worked for...
Training employees is critical and you want them, you don’t want them to fall into a rut because to be honest, when someone is in a rut like that, that’s when mistakes happen. You want to constantly be challenging their mind so that they’re always seeing new opportunities, new ways to do things, new technology,...
An employee handbook, also known as a staff manual, is a document provided by an employer to its employees. It serves as a comprehensive guide, outlining the company’s policies, procedures, and expectations. The handbook is designed to provide employees with a clear understanding of their rights and responsibilities within the organization. It often covers a...
By Kathryn Mayer As employers consider how to meet the needs of a diverse workforce—while also attracting and retaining talent in a strong job market—it’s no surprise that offering competitive benefits is a top strategy. But with so many potential offerings—and the costs that go along with them—employers are also trying to identify benefits...
Copyright by People First INC. All rights reserved. 2022
2022 Copyright by People First Inc. All rights reserved.
