In this week’s Best Money Moves roundup, we take a look at news stories and new research studies that may impact employee benefits and HR issues. We hope you find this news roundup helpful, and we’d love your feedback.
Will cloud computing improve employee productivity?
More businesses are finding that by moving key processes to the cloud, they’re able to operate more efficiently – especially since the option to work remotely has become increasingly popular among employees. By moving documents to a central location online, and automating certain aspects of a team’s workflow, employees are able to complete assignments wherever they are.
Many cloud-based platforms allow groups of people to contribute to the same project at different times, and some of the latest platforms even measure how productive each team and each individual on the team are.
Since online solutions take less time to learn, according to e-commerce company Meylah, companies that switch to the cloud can reach a higher level of productivity sooner. Here are some other ways cloud computing could help your people work smarter.
A lot of things have changed since 1996. In its 2016 Employee Benefits Research Report, the Society of Human Resource Management (SHRM) looked back at some of the changes in employee benefits and the companies that help facilitate these benefits since the organization started issuing these reports. See what‘s new.
Updating your employee benefits could help you keep your best employees. Whether you go for more traditional perks, such as a 401(k) match, or think outside the box with options such as free intern housing, your team will thank you for it. Learn what innovative employee benefits these 10 top companies are providing.
Your employees are leaving and it’s costing you money. Retention is a growing problem for employers as the economy heats up and unemployment drops. The latest Gallup report found that a record 47 percent of the workforce says now is a good time to find a quality job and more than half of employees are searching for new jobs or watching for openings. Why are your employees seeking greener pastures?
Is your HR department performing at its best? In order to support a company’s business model and goals, HR professionals need to focus on efficiency and delivering real value where it counts. Start with these five essential practices.
Your employees probably aren’t engaged at work. According to Gallup’s most recent State of the Global Workplace report, 51 percent of workers said they weren’t engaged and 17 percent said they were actively disengaged on the job. Here’s what you can do to fix it.
Many young adult workers are ignoring or rejecting their health insurance options. We’re in the heart of open enrollment season and millennials are 82 percent less likely to have health insurance. Unfortunately, 25 percent of millennials are more likely to have past-due medical debt. Here’s how to engage millennials and use open enrollment season to your advantage.
Should you be offering more ambitious perks? In today’s tight labor market, many companies are using unique benefits to attract and retain top talent. Learn from these six examples.
Does your startup offer the right benefits? While young companies might not want to spend big bucks on extravagant employee perks like weekly breakfasts or a ping-pong table, businesses are still finding plenty of inexpensive ways to make their teams feel valued. Check out these ideas.
How can HR leverage HCM technology? They have to do what they do best: blend the characteristics of their business and their workforce. Here are three things that could help make up the ideal HCM tech framework.
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