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An Incentive Research Foundation study revealed that employee incentive and reward programs increased business productivity rates by 22% , while SHRM reported that 79% of employees would work harder if they felt their employer consistently recognized their efforts. In addition to increasing productivity and decreasing turnover rates, a well-structured employee incentive program can attract quality candidates to a company.
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My company is thinking about hiring a minor, who is 16 years old, for the summer. The job duties include lifting objects weighing more than 25 pounds, taking orders, operating a cash register and driving a company vehicle to deliver goods to our customers. Is there anything that prevents us from offering the job to this individual? Unfortunately, yes — unless you modify the job duties.
Payroll software has revolutionized the way employers ensure that their employees receive accurate pay. For many, payroll calculations are done manually, often resulting in costly errors. Even correct payroll processing can take hours to complete when done manually. With integrated timekeeping software, managing the tasks associated with collecting time and paying your workforce is easier than ever.
Does your health savings account (HSA) have enough funds to carry you through the second half of the year? And, if it does, is there more you could be doing to grow those funds? We’ve broken down how to know if you’re contributing enough to your HSA to cover costs for the entire year and whether or not you should invest with extra funds. Perform your HSA midyear check!
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Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.
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