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Using Severance Packages to Manage Problem Employees Out of Your Workforce

Wed, 06/19/2019 - 04:00

From time to time, you may be faced with the opportunity to “outsource” an employee’s talent to your competition. This article covers some strategies for accomplishing such a maneuver while reducing the risks to your organization. Source: Borka Kiss / shutterstock Basics Some state laws (West Virginia’s, for example) and...

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Advantages of 1099 Contractors

Wed, 06/19/2019 - 04:00

In a previous post, we talked about the decision companies face in classifying workers as independent contractors—those who receive a 1099 for tax purposes—and traditional employees who receive a W2. Source: Rob Wilson / Shutterstock Specifically, we mentioned that Lyft, in its Initial Public Offering (IPO) prospectus, cited the classification...

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The Small Business 401(k): Everything You Need to Know

Wed, 06/19/2019 - 04:00

The U.S. economy is the strongest it’s been in decades, but American small business employees are facing a dilemma when it comes to saving for their futures. Source: 1001Love / iStock / Getty According to the CFP Board, less than a quarter of Americans feel financially prepared for retirement. The best tool for retirement savings is a 401(k)...

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5 Steps to Successfully Automate Your HR Department

Tue, 06/18/2019 - 04:00

Human Resources (HR) requires a lot of human input. Therefore, it’s not surprising that HR has embraced robotic process automation (RPA) tools, which are designed to save businesses and employees time by automating repetitive clerical tasks using software robots. Source: 24Novembers / shutterstock The RPA market is growing by 50% annually,...

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Q&A: How to Help Laid-Off Employees and Your Organization

Tue, 06/18/2019 - 04:00

When employees leave amicably, offering them a benefit to help them find a new job could have a great return on investment (ROI). Source: Steve Debenport / E+ / Getty I recently spoke on the subject with Yair Riemer, President of Career Transition Services at CareerArc. HR Daily Advisor: For those who might not be aware, what is outplacement, and...

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Factors in Classifying Contractors vs. Employees

Tue, 06/18/2019 - 04:00

In a previous post, we discussed the challenges rideshare company Lyft is preparing for based on its designation of drivers as independent contractors as opposed to employees. Improper Classifications Can Represent Business Risk It was cited by the company as a key business risk in its Initial Public Offering (IPO) prospectus. One could...

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#MeToo Spreads Globally: Investigating Sexual Harassment Claims in Mexico

Tue, 06/18/2019 - 04:00

While the #MeToo movement has taken the United States by storm in recent years, it’s easy to forget that other countries are experiencing similar surges. Mexico is no exception. With the country’s close proximity to the United States and the existence of the North American Free Trade Agreement (NAFTA), many large companies in a wide range of...

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Everybody Talks About Sex—but Can Employers Be Held Liable?

Mon, 06/17/2019 - 04:00

Imagine this: Two individuals start a job at the same time. Quickly, management recognizes one employee’s hard work and dedication and promotes her. In a short time, the employee ascending the corporate ladder becomes the superior of the employee with whom she had onboarded. The nonpromoted employee becomes jealous and resentful. To this...

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Lyft Claims Driver Employment Classification Could Be Risky

Mon, 06/17/2019 - 04:00

A common criticism of the gig economy is that companies treat those working in it less favorably than traditional employees due to their status as independent contractors. Editorial credit: Tero Vesalainen / Shutterstock.com The classification is important for a couple of reasons. For one, contractors are treated differently for tax purposes. They...

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How Unbundling Pharmacy Program Set Fort Collins Up for Bigger Benefit Wins

Mon, 06/17/2019 - 04:00

To bundle healthcare benefits or to unbundle? That was an issue that the city of Fort Collins had not yet grappled with by 2016, though it had the flexibility, with a self-funded program, to go either way. By choosing “unbundled” for its pharmacy benefits, the city saved a bundle—more than $1 million a year in costs. Source: Lightspring /...

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How to Turn an Aspirational Culture Into a Fully Realized One

Mon, 06/17/2019 - 04:00

Culture begins to emerge at the foundation of your company. In fact, many entrepreneurs will tell you it’s important to define it from day 1 before you even open your doors. But once your company starts to grow, the individuals bringing their unique and diverse perspectives to work each day drive your organization’s culture. jacoblund / iStock...

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Your Business’s Obligation to Invest in Wellness

Fri, 06/14/2019 - 04:00

There are three certain things in life—death, work, and taxes. And work is usually stressful. Currently, 3 in 5 workers (61%) feel burned out in their current job,[1] and nearly a third (31%) report high levels of stress at work.[2] That’s why, from the moment I hire someone, I make sure he or she knows that I respect his or her work/life...

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What Is the True Cost of Expanded EEO-1 Reporting?

Fri, 06/14/2019 - 04:00

After several months of uncertainty, we now know that employers will be required to submit Component 2 data (i.e., employee wage and hour data) to the Equal Employment Opportunity Commission (EEOC) by September 30, 2019. Not only that, but they will be required to submit 2017 and 2018 Component 2 data, which means 2 years of historical workforce...

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How to Create a Workplace that Promotes Mental Health

Fri, 06/14/2019 - 04:00

Nearly one in five people in the United States lives with a mental illness, but there is still a strong stigma around discussing mental health at work. The month of May being dedicated as Mental Health Awareness Month in the United States helps, but we still have a long way to go in combating the public discourse surrounding the issue, which often...

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Q&A: A Long Road Ahead to True Diversity

Fri, 06/14/2019 - 04:00

The past few years have seen excellent strides toward diversity across organizations in the United States. However, many issues remain. For example, Amazon’s recruiting algorithm was taken offline last year because it was accidentally creating bias. And, while many organizations are aware of the need for diversity, some don’t seem equipped to...

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Workforce Planning: How to Choose the Right Goal for Your Company

Thu, 06/13/2019 - 04:00

If you have been long looking for ways to optimize workflow and still haven’t implemented workforce planning, you are missing out on plenty of opportunities. It is a key element in every business’s success formula. This term refers to a process that allows a company to align its priorities and needs with those of its employees. By fulfilling...

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How to Use Technology to Manage and Retain Employees

Thu, 06/13/2019 - 04:00

Engagement plays a key role in managing and retaining employees of all ages. As our new research indicates, real-time feedback, socially engaging experiences, and mobile access play a key role in influencing engagement with Millennial, Gen Z, and Baby Boomer members of the workforce. And all of this can be managed more effectively with the...

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The Future of Work: Meeting Employee Expectations with Flexibility and Accessibility

Thu, 06/13/2019 - 04:00

A new Paychex research report analyzed how an increasingly multigenerational workforce, advancements in technology, and the evolving preferences of today’s workers are changing the workplace of today and setting the course for the future of work. Source: ShustrikS / shutterstock The future of work is here, and it’s reshaping virtually every...

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The Four Steps to Building a Coaching Culture

Thu, 06/13/2019 - 04:00

At the heart of every organization is its culture—its personality and identity. Today, people are putting more importance on company culture than ever before. Deloitte recently found that 94% of executives and 88% of employees consider a distinct workplace culture important to organizational success. Source: Trueffelpix / shutterstock According...

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Supreme Court Poised to Make Its Mark On Employment Law

Wed, 06/12/2019 - 04:00

Halfway through the current administration, it’s unlikely there will be much significant employment legislation passed between now and the next election. With the Democrats controlling the House of Representatives, it doesn’t really matter what laws the president proposes and the Senate passes. There won’t be any consensus on...

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