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A New Management Mindset: 6 Keys for Greater Staffing Stability

HR Daily Advisor

In most organizations, long-term incentives are gone. Take a look at your current incentives for staff. If it’s at the 13- to 18-month mark, the staff probably see little incentive to stay until the 24-month mark, if they’re convinced they’ll only get a 3% cost of living adjustment (which is NOT a raise!).

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HR and the Holidays, Part Two: Holiday Bonuses

FingerCheck

Holiday bonuses can be tricky. According to one recent poll, two thirds of HR and Hiring Managers say they plan to offer holiday bonuses. Scrooge-like ” is how one blogger describes companies which don’t offer monetary bonuses. Bonuses may be complicated, but HR doesn’t need to be. Moral of the story? The good news?

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How the SECURE 2.0 Act of 2022 benefits your workplace

Insperity

Act seeks to: Open access to 401(k) retirement plans to more people Provide greater opportunities to save Offer financial incentives to save while removing common barriers and penalties So, what does the law require of employers? Act, such as adapting payroll and record-keeping systems. .: employer-sponsored 401(k) plans. The SECURE 2.0

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How to handle compensation during uncertain times

Insperity

From the employee perspective, pay freezes are usually preferable to reductions in regular wages or interruptions to payroll. Adjustment of annual incentives or targets. You have the option to end bonuses that employees can earn – usually on a quarterly, semiannual or annual basis – for meeting predetermined performance criteria.

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Who Owns Retention? The REAL Employee Turnover Problem

Achievers

At many companies, when turnover rises executives point to HR to fix it – whose plate is already overflowing with terminations, payroll, benefits management, and back-fill recruiting. What’s the biggest problem when it comes to employee turnover? No one owns retention! Become a Champion for Retention. So where do HR professionals start?

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Why HR is Important – Even for Startups

marenated HR

But because many tasks, like payroll, can be completed automatically through software, many startups default to self-maintenance. Whether it’s payroll, complaints, performance management , or the variety of other internal functions, an HR individual would be able to take care of them. Click To Tweet. There are Other HR Functions….

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Why HR is Important – Even for Startups

marenated HR

But because many tasks, like payroll, can be completed automatically through software, many startups default to self-maintenance. Whether it’s payroll, complaints, performance management , or the variety of other internal functions, an HR individual would be able to take care of them. Click To Tweet. There are Other HR Functions….