Most employees today recognize the need to save for retirement and expect to be offered a 401(k) or other qualified plan when hired. But there’s another aspect to everyone’s golden years that’s much less discussed, possibly because it’s unpleasant to … [Read more...]
What employers should know about skills-based hiring
Most anyone who’s ever put together a resume would probably tell you the easiest part is the very end. That’s where you put your educational degrees. However, thanks to a trend sweeping many industries, that part may be getting even easier. Why? … [Read more...]
Using constructive feedback to bring employees back from the brink
You’ve probably heard that an employer will likely spend less money trying to improve an employee’s performance than it would firing the worker and hiring someone new. Indeed, this generally does hold true, unless the staff member in question could … [Read more...]
Employers shouldn’t rush orientation (or confuse it with onboarding)
Does your organization intend to hire new employees in the coming year? Given that some turnover is virtually inevitable, you may not have a choice. As you bring new staff members into the fold, it’s critical to get both orientation and onboarding … [Read more...]
Highlights of next year’s fringe benefit COLAs
The IRS recently released Revenue Procedure 2023-24 to announce the 2024 cost-of-living adjustments (COLAs) for various tax-related limits applicable to many popular employer-provided fringe benefits. Here are some highlights:Health Flexible Spending … [Read more...]
Is your business underestimating the value of older workers?
The job market remains relatively tight for businesses looking to fill open positions or simply add top talent when the fit is right. That means it’s still important for companies to continuously reassess where they’re looking for applicants and … [Read more...]
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