Total rewards packages refer to the compensation and benefits plans that companies offer. This phrase, however, extends beyond mere salary or wages and traditional benefits, like health insurance, to provide both recruits and employees with a rundown of what makes the employer special. Some in Human Resources might regard the total rewards package as the … Continued
Employee engagement is the top priority of respondents to HR Exchange Network’s latest State of HR survey. Obviously, employers are keen to engage employees to increase productivity and retention. However, the economic downturn and inflation is complicating matters, and Human Resources leaders are seeking new ways to reach talent. Recently, Eric Mochnacz, strategic senior HR leader and Director … Continued
There aren’t rules for how frequently you should update your handbook, but given laws do change, it’s smart to be proactive so you don’t get caught off guard. An updated employee handbook helps employees understand what’s expected of them, and helps managers ensure company policies are followed. We’ve identified four reasons to revisit your employee … Continued
The pandemic and job market have made it difficult for employers to attract and retain talent, negatively impacting operations and profitability. Mineral’s Healthy HR framework shows you what companies with high productivity, morale, and engagement have in common. The Healthy HR framework is built on performing well on all four of the following pillars: thoughtful compensation and benefits, … Continued
Theories abound about why workers are leaving their jobs in record numbers in 2021 and thus creating what pundits are calling the Great Resignation. The U.S. Bureau of Labor Statistics reported that 4.3 million Americans quit their jobs in August. These resignations continue to be higher in food service, retail, and education. One popular opinion … Continued
Just as with any good, healthy relationship, communication with employees is key. Only communicating with employees regarding their benefits package during open enrollment will most definitely result in them not taking full advantage of all it has to offer. In an effort to assist employees in understanding and maximizing their benefits, companies should use a … Continued
The future of work is now. You’ve probably heard that being said since the onset of COVID-19 and the growth of remote work. Well, it’s true and as the nature of how work gets done changes, so too does the way HR’s function plays out. In part 1, we took a look at current trends, … Continued
The hardest thing about the future of work is defining the concept. The chief reason has to do with change. It’s constant with new technologies coming online at an increasing pace and changing the way people complete their work. If the data is to be believed, what HR knows about work is quickly disappearing. Korn Ferry predicts … Continued
No one foresees needing disability benefits. But, should a problem arise, the educated and informed employee can plan for the future by purchasing disability insurance to help cover expenses when needed. Watch this short video to learn more!
The end of the year is upon us and a majority of companies celebrate with an end-of-year/holiday party. Although the trend of holiday parties has diminished in recent years, it’s still a good idea to commemorate the year with an office perk like a fun, festive party. BENEFITS OF A YEAR-END CELEBRATION Holiday staff parties … Continued