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Dated: 08-31-2016
Many HR departments, especially in midsize companies, find themselves in a bind, buried by an avalanche of spreadsheets or hindered by information silos caused by multiple best-of-breed HR solutions they’ve adopted over the years.
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Dated: 08-30-2016
Extracting critical data from multiple systems,and trying to manipulate that data, challenges and frustrates employees. HR professionals deal with this problem everyday in an effort to meet critical compliance requirements or to generate reports for their executive team.
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Dated: 08-31-2016
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Dated: 08-30-2016
Quite simply, Human Resources functions as an advisor and a coach to an organization’s management. In the process of doing so, human resources professionals carry out a number of activities in conjunction with managers, such as: sourcing (finding) job applicants, hiring and on-boarding them, analyzing jobs, writing position descriptions, managing employee learning &development and health and safety programs, conducting employee performance management, negotiating collective bargaining agreements, improving employee relations, administering discipline and the employee performance appraisal process, ensuring legislative compliance, providing advice on health care benefits, compensation, and disability issues, and developing policies.
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8
Dated: 08-30-2016
Today, HR leaders across the country are being asked by their c-suites and boards if they can avoid the millions of dollars in overtime costs their organizations are now at risk of incurring — thanks to new overtime rules passed by the Department of Labor — without negatively impacting business objectives. And, in this pivotal moment, many are turning to cumbersome, error prone, insecure spreadsheets.
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8
Dated: 08-30-2016
In May, the U.S. Department of Labor announced that millions of salaried workers, who currently do not qualify for overtime pay, will soon be eligible. Starting in December 2016, salaried employees earning less than $47,476 are entitled to overtime pay when working more than 40 hours per week, about double the current threshold of $23,660. Those who don’t comply – or don’t keep appropriate records proving that they are complying – can be penalized. While the change won’t take effect for a several more months, HR personnel need to start preparing now.
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8
Dated: 08-30-2016
A very common benefit design throughout the health care industry, is to provide employees with time off for incidental and extended absence due to disability through accrued sick leave plans, often called EIB (extended illness benefit) or EDL (extended disability benefit). Some employers have gone as far as to provide liberal paid time off (PTO) accruals where an employee can bank up to 480 to 520 hours of PTO to use for an extended absence due to illness or disability.
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8
Dated: 08-31-2016
Ask any company what they spend the most money on each year, and the answer you’re likely to get is, “Our workforce.” In fact, according to the Human Capital Management Institute, in most businesses, the overall cost of the workforce averages to approximately 70 percent of total operating costs. And with the price tag of each worker continuing to rise, more and more companies are turning to workforce management software in order to efficiently and effectively manage their ever-expanding teams.
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8
Dated: 08-30-2016
The world of human resources (HR) is changing at a speed that is leaving most HR departments behind. New technology is bringing more transparency into the job market and into the performance of the HR department, creating new challenges for HR directors.
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8
Dated: 08-30-2016
At least once a year, most business owners sit down with their trusted advisors and go over the status of their business. At some point during this discussion, there is usually a conversation about their commercial insurance policies. Part of that discussion should be how the business can lower what it pays in premium. In most successful organizations, the human resource (HR) professional is a part of that conversation. The main way an HR professional can positively affect the amount of premium a business pays is by monitoring the claims process for the workers’ compensation policy.
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