In a landscape of economic uncertainty and rising inflation, employers are grappling with the challenge of making informed pay budget decisions for the upcoming year. As the impact of the COVID-19 pandemic continues to reverberate, organizations are cautiously navigating their compensation strategies. This article explores the key findings and trends projected for pay awards in 2024, shedding light on the
Harassment in the workplace continues to be a significant concern in today’s society. To combat this issue and provide clarity on existing legal requirements, the Equal Employment Opportunity Commission (EEOC) has released proposed guidance. This guidance outlines the expectations and protections related to harassment and aims to address the recent increase in sexual and racial harassment cases. While not binding
Payroll Growth Partners (PGP) has announced the launch of their groundbreaking payroll app, WageLink. This innovative app has been specifically designed to deliver a wide range of modern payroll services to employees who are serviced by payroll companies in PGP’s expansive portfolio. With WageLink, PGP aims to revolutionize the way employees manage their finances and access their wages. Features of
In today’s interconnected world, traditional workforce concepts are rapidly changing. As technology continues to advance and communication barriers diminish, companies are increasingly tapping into the global talent pool to fuel growth, expand reach, and cut costs. Among the top reasons U.S. companies hire abroad is the ability to significantly reduce payroll costs while still fairly compensating employees. Another major driver
In a significant move to bolster retirement savings, President Joe Biden signed into law the SECURE 2.0 Act in the previous year. This legislation introduces a host of new rules for employers and their qualified retirement plans. The aim is to provide enhanced financial security for aging Americans. One of the key provisions of the Act is the implementation of
Papaya Global has unveiled an innovative solution in the form of the Workforce Wallet, aimed at addressing critical challenges in the payroll and payments sector. This groundbreaking platform enhances workforce payments, providing full transparency while eliminating the need for multiple bank accounts and optimizing foreign exchange (FX) management. Its introduction marks a significant advancement in global payroll and payments management.
Employers often overlook the importance of providing plan documents and summaries to their employees. However, these documents play a crucial role in ensuring that employees understand the benefits they are entitled to and how their healthcare plan operates. In this article, we will explore the distribution requirements, contents, and significance of plan documents and summaries. Request-based Distribution While employers are
Achieving gender parity in senior leadership has been a long-standing challenge in the corporate world. Despite progress in increasing the representation of women in entry-level positions, a significant barrier, known as the “broken rung,” prevents their upward mobility. This article explores the causes and consequences of the broken rung and highlights the importance of addressing this issue to achieve true
In today’s highly competitive business landscape, managing payroll and human resources efficiently is crucial to the success of any organization. For large and mature businesses, ADP Vantage HCM emerges as an appealing choice for streamlining these critical functions. In this article, we will explore the capabilities of ADP Vantage HCM and its potential benefits for businesses of all sizes. Key
With the ever-evolving landscape of work and technology, payroll management is undergoing a transformative phase. Companies are looking for efficient, secure, and adaptable solutions to meet the changing needs of their workforce. In this article, we will explore the top trends and innovative features that are set to revolutionize payroll software for the year 2023, empowering organizations to streamline operations,
Neurodiversity, a relatively new term, is gaining recognition among employers as they seek to bridge the skills gap through the development of a more neurodiverse workforce. This article explores the concept of neurodiversity from an evolutionary perspective and highlights its organizational advantages in the modern workplace. It also touches upon the legal considerations, challenges faced by individuals with autism, the
In direct response to concerns over pay and working conditions, staff members at Amazon UK have taken strike action, demanding fair treatment and improved wages. This comes in the wake of Amazon’s recent announcement of a pay increase for its UK employees, representing a substantial £170 million investment. While the company believes that this pay rise demonstrates its commitment to
