InfinityHR

Benefits Packages that Motivate Employees and Attract Top Talent

InfinityHR

As of January 2019, the unemployment rate in the United States was as low as 3.8 percent. This, combined with a younger labor market has made competition more fierce between employers as of late, forcing them to become innovative in the ways that they go about attracting and retaining talent. According to a Glassdoor survey , around 60 percent of respondents said they would strongly consider perks and benefits offered before accepting a job offer.

Why You Should be Integrating Payroll with Your HRMS

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The management of workforce payroll is not easy to do if you’ve outsourced it entirely, or if you’re using a separate system apart from your Human Resources Management System (HRMS). The very D.N.A. that payroll is made up of includes data from employee benefit selections, time and attendance history, bonuses earned from performance management and more. If you’re not integrating payroll with your HRMS, then your business may be at risk to be within non-compliance of U.S.

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Measuring Employee Performance with HR Tech

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The performance review has been around forever. Employers gain valuable insights on employee strengths and weaknesses over time when evaluated against the greater goals and strategies outlined by the company. As measuring employee performance is not a new idea, it becomes a lot simpler with the use of automated HR solutions. Let’s discuss how this process is changing with the utilization of HR technology. How Measuring Employee Performance is Changing with HR Tech.

Managing Human Capital With Acumatica Cloud ERP and InfinityHR

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The Acumatica Cloud ERP platform is perfect for organizations who need to manage many various components of their day-to-day business functions from a single vendor. Acumatica is a scalable ERP solution that works in many different industries and organizations of all sizes.

Professional Development Your Employees Actually Want

Did you know? Language learning is a proven PD tool that many employees already want, whether their organization is multilingual or not. In this eBook, you’ll learn how language learning makes employees more productive, reduces turnover, and more.

Distinguishing Talent Acquisition vs Talent Management

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Improving the talent management process for employers is not a simple feat. To create a fruitful strategy to navigate the talent pool, employers first need to understand each component of the process. Breaking this down into simple steps can help to save time and make things easier for hiring managers. To learn what it takes to streamline the tasks that lie in store, it helps to understand the difference between talent acquisition vs talent management.

3 Essential Automated HR Solutions for Benefits Brokers

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Tools used to help automate certain business processes have been available to employers for some time now. There are numerous platforms, systems, modules and applications that manage processes in manufacturing, logistics, finance, customer relationships and more. But, what about automated HR solutions to support both administrators in human resources and the entire employee base they support? These are available too, but many employers are not making these automated tools a priority.

Supporting an Employee Wellness Program with Voluntary Benefits

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A popular program, seeing its continual rise amongst employers in 2019, is the Employee Wellness Program. Many companies see this voluntary program as a key component in attracting and retaining the best talent to their open positions and company culture. However, employers are missing out on numerous opportunities to add other voluntary benefits to enhance their wellness programs even further.

Benefit Brokers, Guide Clients Easily Through Open Enrollment With These Tips

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For many HR professionals, guiding employees through the Open Enrollment (OE) process can be an overly time-consuming and stressful period. You have to navigate the Affordable Care Act (ACA) compliance; combine and transfer data from HR, payroll and benefits; organize dizzying amounts of communications and meetings with staff, and make sure that all eligible employees have made their selections and are enrolled in them on time.

3 Reasons Why Combining Voluntary Benefits with an HDHP is a Win for Brokers

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It’s no secret that rising healthcare costs are taking a financial toll on both employees and employers in the United States. Heading into 2019 healthcare costs are expected to average close to $15,000 per person. As employers usually pay 70 percent of total employee benefits, they are looking into alternative plans such as High Deductible Healthcare Plans (HDHPs) and numerous available voluntary benefits to help offset these ascending costs.

A Training Company’s Guide to Selecting an eLearning Platform

Training companies have an opportunity to embrace the change and create meaningful change in their organizations by moving online. Discover the advantages of a digital-first approach, using an eLearning platform.

4 Key Areas of Evaluation in Succession Planning

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From Drew Bledsoe to Tom Brady; David Robinson to Tim Duncan; transferring power from one leader to another can be a seamless and successful process, not just in the sports world, but within the corporate one too. Succession planning is an intricate process that starts at the recruiting stage, then flows through the rest of the areas in the Talent Management process including onboarding, performance and training.

5 Rising Voluntary Benefits Employers Should Offer to Their Employees

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With a historically low unemployment rate in the U.S. sitting just below 4 percent currently, we are now seeing that many employers across the country are struggling to fill their open positions, fighting one another to obtain and attain top talent. With competition being so strong, employers are offering decent pay and are starting to come around when it comes to offering an array of voluntary benefits based on the characteristics of their workforce. Why are voluntary benefits important?

3 Reasons to Consider Payroll Integration

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Integrated HR payroll refers to the concept of synchronized data between payroll and the human resource information system (HRIS). It runs across a spectrum from light integration through file exchanges to deep integration through a web services interface. In some cases, especially with small to medium sized companies, the light integration is a perfectly workable solution. However, the trend is clearly towards deeper integrated HR payroll.

What is the Difference Between ERP and CRM Software?

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At their core, both Enterprise Relationship Planning (ERP) and Client Relationship Planning (CRM) software promotes beneficial business solutions used to increase revenue and productivity for organizations of all different sizes. But you might be asking yourself, “What is the difference between ERP and CRM software?”

Explore a Roadmap to Pay Equity for Organizations Like Yours

The national conversation around pay equity has never been so hot. As employees push for better transparency, organizations are assessing and addressing pay gaps. Explore Gallagher's whitepaper, Pay Equity: The Time Is Now, to discover key insights.

Implementing a Skills Gap Analysis within the Talent Management Process

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The skills gap analysis process helps employers identify which skills they have available to them within their workforce currently, while also pinpointing the skill areas they are missing. Implementing this process can help you: Identify the skills your business is lacking. Direct employee development programs based on identified skills. Enhance the recruitment strategy to find people with the missing skills. The Gap Analysis Process.

What is Human Capital Management (HCM)?

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According to recent data published by the ADP Research Institute, 84 percent of employees feel lackluster, as if they are just “ coming to work ”. For some, this laid-back attitude may be enough. Most of us however, have dreams and ambitions. For us go-getters, we have goals and plans in place to further the success of our companies. You may wonder why this matters. Why measure engagement? Why boost morale? Why should we care about employee satisfaction?

What are the Benefits of Cloud Computing?

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You’re driven. You’re motivated. You’re hardworking. You’ve set goals. But do you have all the tools and resources you need to achieve these goals? If you’re using outdated technology, the answer is definitely not. You’ve probably heard of the migration to “The Cloud”, but have you heard why so many companies are making the switch to cloud computing services? Cloud computing is a resource that enhances a company’s overall business agility while simultaneously lowering non-essential costs.

The Top Voluntary Benefits for Brokers to Offer in 2019

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The U.S. workforce heading into 2019 is everchanging. We have a younger labor pool combined with a tighter market which ultimately requires employers to be always looking out for improvements to their benefits programs. After all, an employer’s benefits program is typically evaluated and scrutinized the most by potential employees deciding if they want to accept a job or not with them.

How To Create A 100% Virtual Onboarding Experience

Speaker: Workbright

Are you struggling with virtual onboarding? Whether you are making the switch to remote work or biding your time until you can get back to the office–you need a solution that works. Check out our webinar on Thursday, May 20th at 2 PM E.T. to learn more!

Creating a Productive Talent Management Strategy for Your Business

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Many businesses today are now realizing the value of investing more into their talent management strategy. They are beginning to piece together the ingredients that truly support and make a business successful in their industry. And those include: Investing more capital into improving technology to support employee enablement, training and succession opportunities. Identifying broken processes and improving them with proven methods. Aligning employee goals with company strategies and goals.

The Critical Illness Insurance Market Continues to Trend Upward in the US

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It’s no secret that healthcare costs in the U.S. are on the rise. One way of combatting these rising healthcare costs is with voluntary healthcare benefits. A recent report released by LIMRA/Career Builder shows that the critical illness insurance market is trending upwards which is great for people who are looking for ways to help offset these rising costs. In 2016 alone, the costs of care hit over $10,ooo per person.

Improving the Overall Candidate Experience

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Here’s a twist: do you realize that when employers interview potential candidates for a position, they are also being interviewed? That’s right, candidates under review for a role are also assessing the contingent opportunity. Both employer and potential hire are evaluating what the other is bringing to the table, and each must decide if the business relationship will be feasible. Today’s labor market is competitive and fast-paced.

The Benefits of CRM and ERP Integration

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Everyday, businesses acquire more-and-more data through complex processes. An enterprise relationship planning (ERP) system integrates data in the backend , across human resources (HR), finance, distribution, manufacturing, and other operations. It gives companies the power to easily secure, manage and transfer data between internal/external applications. For example, they can retrieve and analyze information from billing and details, purchase history, accounting, supply chain and more easier.

Does Your Company Need Help Solving These 4 Common eLearning Challenges?

If you want to know how to get ahead of the game and avoid the common mishaps in selling your eLearning courses, you’ve come to the right place! Lambda Solutions has identified the most common and costly challenges faced by eLearning providers today.

Improving Employee Engagement with HCM Technology

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There is a great deal of responsibility and work involved in fostering positive relationships with your employees. To foster a culture that creates employees who are happy and productive, you’ll need to combine human capital management (HCM) technology with your HR processes to increase employee engagement. Many businesses fail to realize that the employee/employer relationship begins long before a new hire’s first day.

Recognize and Avoid These ERP Security Red Flags

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If you could surround yourself with riches, what would you choose? Diamonds? Platinum? What about ‘Data’? As the world’s most valuable resource, the data you compile can open up a vast number of avenues for you to improve business operations, address workforce inefficiencies, develop brand-new products to sell and much more.

How to Create a Successful Succession Planning Process

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Believe it or not, many businesses do not have any contingency plans set in place when the imminent happens; an employee resigns, is fired, retires, gets sick, passes away or is offered a job promotion. Who will undertake the now unfilled job responsibilities? What are the key performance indicators (KPIs) of the position? How can we better prepare to cover this position in the future when the inevitable happens?

5 Productivity Drains That HR Automation Tools Can Solve for Your Business

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Administering processes manually within the human resources (HR) department can lead you to trouble. They are time-consuming, which doesn’t allow your HR department time to focus on bigger-picture improvements. On top of that, they can lead to human error, causing mistakes, which can substantially slow down your overall operations.

5 Reasons Leaders Invest in Language Training

Communication is the lifeforce of any company. Without it, productivity, employee happiness, and ultimately your business suffers. Investing in language learning better positions global business leaders to see gains in organizational effectiveness as a result.

HSA vs 401k: The Benefits to Employers and Employees

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Did you know that there is a rising trend within workforce benefits that includes supplementing traditional employee retirement options such as 401k, 403(b) SEP and more with a Health Savings Account (HSA)? According to Fidelity Investment Research, an HSA can add an additional $119,000 in retirement savings for employees. However, many employers and employees still do not understand the benefits of this triple-tax advantage savings plan.

Benefits of Combining Payroll and HRIS technology to Create a True HCM Platform

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In the past, many businesses would follow a traditional approach in regard to siloing their human resources (HR) and their payroll responsibilities into two separate entities. While that may work for some organizations, many others are looking into the benefits of what combining payroll and HRIS technology will do for them.

The Role Technology Plays Within Your Recruitment Process

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When it comes to the recruitment process, many employers are still utilizing inefficient and outdated strategies when posturing potential candidates to work for them. Many of these tactics aren’t working today because they haven’t been tailored to fit a changing workforce that has shifted drastically around the use of technology.

5 Benefits Administration Software Features You Should Employ

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The benefits management process for many employers can come with a lot of baggage. The operation is costly, time-consuming and requires a lot of logistical details to account for. For the companies that don’t have the bandwidth to manage Open Enrollment (OE), and/or those who can’t afford to hire a third-party to administer it for them; they can integrate cloud-based benefits administration software within their business.

Meeting Today’s Challenges for Better Organizational Success Tomorrow

According to Gallagher’s research, stress and burnout raised organizational concerns for 70% of C-suites, and 26% of employers noted a decline in emotional wellbeing. The 2021 Q2 Gallagher Better Works Insights Report: Adapting for Tomorrow explores today’s unique workforce challenges and trends.