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For decades, large corporations and many other employers have been offering employee benefits, such as health insurance and retirement plans, as a way to attract and retain talent. However, providing a variety of benefits that support employees’ overall well-being and ability to fulfill goals outside the office can yield an array of advantages for organizations…
Performance reviews are dead, or so we have been told. The data shows a shrinking support for the traditional method: only 15% of companies have not adjusted their annual performance management process and do not plan to. But the data from our Performance Management, Culture, and Business Results study shed a different light on the…
Have You Audited Your HR Practices? For CPA firms and other businesses in the accounting industry, the stress of delivering optimal results for clients in light of a complex, ever-changing tax code can detract from effective workforce management and compliance with employment laws. However, it is crucial for employers in any industry to periodically review…
Numbers speak louder than words, especially when it comes to tracking performance and making strategic decisions that drive growth. So, the question becomes: What numbers should HR teams focus on? The most important human resources metrics are the ones that tie into the company’s high-level goals and bottom-line numbers. Executives want to get a pulse…
Agency Reverts to 2008 Guidance The U.S. Department of Labor (DOL) has withdrawn its 2014 guidance regarding the meaning and scope of the term “employment relationship” under the federal Fair Labor Standards Act (FLSA) and replaced it with its guidance from 2008. As a result of this move, the DOL no longer advises that “most…
Workers’ compensation claims often result in staggering costs for employers, including the costs of escalating rates for workers’ comp insurance. As a result, employers may develop negative feelings toward the employees who file claims, and may even be tempted to fire, demote, or otherwise punish them—particularly if their job performance had already been faltering. However,…
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