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.
In 2016, the Lincoln Financial Group set out to the identify common factors of people who consider themselves on to be on the financial “right track.”
Of all workers surveyed, nearly 80% exercise at least once a week, a whopping 98% of these “right trackers” say that they’re focused on the future and over half are enrolled in more than three non-medical workplace benefits.
Does your company’s benefits package help provide mental, physical and financial wellness programs for your employees? According to the numbers, it absolutely should. Get yourself and your employees on the right track now.
Matching skills to assignments. One of the most challenging aspects of HR is moving people into the right jobs. Not understanding how an employee’s job skills transfer from role A to role B can significantly impact employee engagement, productivity, and the employee’s overall shelf-life with the company.
But how can you be sure of an applicant’s skillset when often employees themselves are unable to quantify their own skills and experience?
Turns out there are so many tools that recruiters can use to identify the right skillset in order to pair your applicant with the right job and often, incredibly qualified applicants may be applying to role A when role B would be a much better fit. How can you know if and when it’s time for an internal transfer? When should an internal transfer supersede an external applicant? Here are some resources to help you better understand your employees’ and applicants’ abilities.
Is your small business at risk? Your new business needs money to grow but it’s way too easy to get overburdened with debt. Here are some great tips and a printable infographic to help you manage your small business debt, before it’s too late. Practical tips to manage your company’s debt.
Helping employees with open enrollment is good for business. Financial wellness and physical health go hand in hand. It is important to create a plan that caters to your in-office team as well as to your remote employees. Here’s how to help your employees with their benefits selections.
Virtual access has become the standard expectation for almost all roles within the workforce. Learn about new tools that the savvy HR professional can use to keep up with technology and embrace state-of-the-art digital solutions. Tips to boost your digital game.
Will open discussion of workplace sexual harassment bring change? As more employees step forward to share their experiences, companies and lawmakers are implementing sweeping changes to policies and resources. Help prevent and address sexual misconduct in the workplace.
Are your employees eligible for the “saver’s credit?” Also known as the Retirement Savings Contributions Credit, this tax credit can offset all or part of the first $2,000 employees voluntarily contribute to an employer- sponsored retirement plan or IRA. Help your employees save here.
If it feels like you keep losing your best employees, you probably are. Great employees require great work environments in order to stay challenged, engaged and productive. Try out these at-work morale boosters. The most important not-to-do list that you’ll ever read.
Studies show that 80% of employees would prefer add-on benefits over a pay raise. Perhaps it’s time to update your current employee perks and benefits package. Check out this slideshow for some great ideas on how to attract and keep the best employees.
Is your structured payday becoming obsolete? Another new smartphone-app-as-employee-perk will allow your employees to choose when they get paid – and how much. Often, employees need their already earned salaries before payday arrives. Are you ready for the switch?
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