Benefits Administration
Top 5 HR Trends to Watch in 2024
As we journey through 2024, the world of HR is buzzing with new trends and innovations. For HR professionals, staying ahead of these trends is not just a necessity—it's an opportunity to shape the future of work. Here are the top five HR trends to keep an eye on this year: Top 5 Trends Prioritizing Employee Well-being: Post-pandemic, the spotlight is...
Employee Wellbeing Unpacked: Trends and Insights from the 2024 Wellbeing and Voluntary Benefits Survey
A recent survey conducted by Buck, a Gallagher company, sheds light on U.S. employees’ perceptions of their well-being and examines the strategic role that voluntary benefits play in enhancing employee wellness while also serving as a tool for companies to attract and retain top talent. Here’s a breakdown of the key findings from the 2024 Wellbeing and Voluntary Benefits Survey:Overall...
Mental Health in the Workplace: Turning Stress into Success
Mental health in the workplace is a pressing concern for HR professionals. Grasping the complexities of how stress and mental health challenges impact employees is essential for creating supportive work environments. Here's a comprehensive look at why this issue matters and how HR can tackle it effectively. The Stress Factor: A Silent Productivity Killer Workplace stress is rampant and can have...
AI at Work: Paychex Inc.’s Deep Dive into HR’s Technological Transformation
Paychex Inc.’s insightful survey, “Balancing Tech and Touch in Human Resources,” delves into the evolving landscape of HR, highlighting how AI integration is reshaping the field. It provides a nuanced understanding of HR professionals’ attitudes towards the expanding role of AI, alongside the inherent challenges of melding technology with human oversight. The survey presents compelling data: 59% of surveyed HR...
Top Employee Benefits Revealed in the SHRM’s 2024 Survey
Dive into the 2024 SHRM Employee Benefits Survey, a treasure trove of insights on the top employee benefits across the U.S. This annual survey, powered by data from HR professionals nationwide, shines a spotlight on six key benefits categories and their growing importance. HR leaders can tap into these findings to benchmark their offerings and make savvy decisions. Major Highlights Health...
Essential Trends and Tactics for HR in the 2024 Landscape
As 2024 unfolds, the Human Resources landscape is being reshaped by new regulations, technological advancements, and evolving workforce dynamics. For HR professionals, grasping and adapting to these changes is crucial for creating a productive and compliant workplace. This evolution has led to the identification of five key trends from recent industry insights. These trends are set to play a...
Comprehensive Employee Well-being: A Strategic Imperative
In today’s evolving workplace landscape, ensuring employee well-being is more critical than ever. From prenatal care to corporate wellness programs and financial health, HR professionals must adopt a holistic approach to support their workforce. Recent developments and research underline the importance of these initiatives, offering valuable insights for HR leaders. Paid Leave for Prenatal Care New York’s landmark legislation mandating up...
Top HR Investments for 2024: Gartner’s Key Takeaways
As businesses strive to stay competitive and adapt to the ever-evolving landscape, HR leaders are placing a renewed emphasis on strategic HR investments for 2024. According to a recent survey by Gartner, focal points for HR investments include HR technology, learning and development (L&D), total rewards, and talent management. Here are three key takeaways from the survey that HR...
Why RTO Mandates Could Be Your Biggest Mistake
In today's dynamic work environment where return-to-office (RTO) mandates are on the rise, HR professionals are grappling with a crucial challenge: keeping top talent happy and engaged. The answer, as revealed by recent studies, lies in one word: flexibility. By embracing hybrid work arrangements, companies can significantly boost employee satisfaction and retention. Let’s dive into why flexibility is the...
The Reality of Unlimited PTO: A Double-Edged Sword for HR
Imagine having the freedom to take as much time off as you want without worrying about accruing vacation days. Sounds like a dream, right? Welcome to the world of unlimited paid time off (PTO). However, as HR professionals, it's crucial to understand both the advantages and hidden pitfalls associated with this trending policy. The Financial Freedom From a financial standpoint, unlimited...