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Archive for March, 2017

Partner With 401K Providers For Retirement Savings

401K Management: What To Know About Passive And Active Management Saving for retirement is a major goal for everyone. Experienced 401K providers understand that the choices we make today with our investments can have a significant impact on our tomorrow, especially since the retirement age continues to increase. While some firms opt for keeping their strategies "status quo," leading 401K providers are constantly trying to innovate their service capabilities to achieve the best results possible for their clients, while maintaining, or even reducing, costs. As a result, passive and active management strategies have surfaced as a reliable plan option for investors in a wide range of industries

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Looking for an Enticing Benefit to Offer?

Businesses looking to attract new employees must distinguish themselves from the competition, especially if they’re unable to pay salaries above the market value. Creative benefits often do the trick, particularly if they address specific needs. With more and more college graduates entering the workforce and more and more of them graduating with substantial debt, some companies are enticing prospective employees with a student loan repayment benefit. The benefit is a rare, sought-after gem. Over 70% of college graduates have student loan debt, 76% of respondents to a 2015 American Student Assistance survey said the benefit would be a contributing factor to their accepting a job, and

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Benefits Of HR Outsourcing Companies

Top 5 Objections People Have About HR Outsourcing Companies Partnering with HR outsourcing companies offers a slew of benefits to businesses of every size and scope. However, some executives still feel reluctant to tap into the advantages offered by HR outsourcing companies, for various reasons. If you're still on the fence about outsourcing your HR needs, consider these top 5 objections and the truth behind each concern. Expensive Cost is often a major reason for business owners to avoid outsourcing various HR needs. Keeping expenses to a minimum is important, no matter what the size of your organization. However, many executives don't realize that HR outsourcing can actually save th

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HR Tip of the Month

An employee handbook is one of your organization’s best onboarding tools. Make sure you get it into new employees’ hands as soon as possible. We recommend carving out an hour or two on an employee's first or second day for them to sit down with the handbook, undisturbed, and read it from start to finish. This way you’ll know they have received – and hopefully absorbed – the information, and you can feel more confident when enforcing the policies within it. Providing time during the workday for employees to read the handbook is essential if they are non-exempt, since non-exempt employees must be paid for all time worked, and reading the handbook is work! You can send it home with

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Use Workforce Management Software To Coordinate Onboarding

Workforce Management Software Delivers Effective Onboarding For Early Productivity Business owners in every industry want their new hires to hit the ground running. Entrepreneurs manning the help of companies of every size recognize that success with early productivity begins with new employee onboarding. An efficient and effective onboarding process can truly set the tone for the overall experience an employee will have at your company. In an effort to ensure successful onboarding and increase early productivity rates, many organizations are implementing a workforce management software system as well as other resources to arm new hires with the information they will need for high productiv

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Accommodating Pregnant Employees

Let’s imagine a situation. Wendy, who’s been on the job for only four months, informs her employer that she’s pregnant. She requests light duty and asks if temporary leave is an option. Instead of accommodating Wendy, the employer terminates her employment, explaining to her that her employment is at-will and that they don’t have the staff to modify her duties or cover her responsibilities while she’s away on leave. They remind her that during her job interview, they asked if she had plans to become pregnant and she had said no. Then her manager makes a point of highlighting instances in which her job performance was less than satisfactory – an assessment they had not, up t

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HR Pros: Beware of Scammers

Last spring, the IRS issued a warning about an emerging phishing email scheme that targets HR and payroll departments. The scammer purports to be a company executive and requests personal information about employees – often in the form of W-2s or payroll records. The IRS gave examples of what the emails might say: Kindly send me the individual W-2 (PDF) and earnings summary of all W-2 of our company staff for a quick review. Can you send me the updated list of employees with full details (name, SSN, date of birth, home address, salary)? I want you to send me copies of employees’ W-2 wage and tax statements for 2016. I need them in PDF file type; you can send it as an attachmen

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