Recruiting in a Post COVID World
Recruiting Daily reached out to our Recruiting Director, Teresa Monday, for some insight as to how recruiting efforts have changed over the past year.
Recruiting Daily reached out to our Recruiting Director, Teresa Monday, for some insight as to how recruiting efforts have changed over the past year.
The American Rescue Plan Act was enacted on March 11,2021 and has substantially changed and extended provisions of The Family First Act (FFCRA) that was to expire on March 31, 2021. Human Resource leaders are awaiting the IRS to provide guidance and interpretation of this new Act. Below is a current summary of what we are able to decipher of the new Act.
The Coronavirus Aid, Relief and Economic Security (CARES) Act has now extended the provision to add student loan payments as part of Tuition Reimbursement under Section 127 of the IRS Code through December 31, 2025.
This four-year extension provides a more acceptable provision, allowing Companies to build a great Retention Program knowing it will be around for a at least 4 years and, and thus attracting Candidates to join their Companies. Due to the rising debt of student loans and a political movement to help students repay their loans, there are strong indications that Congress is expected to make this temporary change permanent. Before the recent permission of the CARES Act employees and employers both were required to pay the payroll taxes on student loan paid by an employer.
Well, we all know 2020 was quite the challenging year for so many businesses throughout the nation as the Coronavirus pandemic unwelcomely inundated routine working operations. Organizations were radically forced to spotlight their HR department to guide environmental changes and navigate functioning processes, prioritizing workforce concerns. 2021 is starting off a bit unpredictable; plausible given the circumstances that last year unveiled and there is no going back to “normal.” This year we are sure to endure more ongoing transitions as companies continue to adapt to their current dynamic surroundings.
Retaining your workforce and keeping your employees happy is of the utmost importance these days. When employees are content, they are more motivated, productive and efficient, which benefits your business in operating just a little more smoothly. So, what is the key to creating a gratifying working environment and therefore, keeping your staff happy?
Most business owners realize the importance of a desirable compensation plan and admit that their employees are their company’s greatest assets. However, few reinforce this statement by investing in the development of effective rewards programs that align employee performance with key business objectives.
Although we like to think that women are equals in the modern workplace, reality suggests otherwise. Despite all our progress, women are less likely than their male counterparts to get raises, win promotions, and be recognized for their work. There are a ton of reasons for this, from perceived ability to resume gaps and more.
Distress in the workplace lately? You’re not alone. Flex HR consultants often get asked to come speak to business in various industries regarding the vital HR functions to keep their businesses sustained properly. Thus, Flex HR offers a Human Resources Bootcamp for business owners and managers.
Compliance is an integral part of an organization, regardless of whether you are overseeing a global enterprise or running a small business. Compliance helps companies to avoid white collar-crime, corruption, ethics issues, and other pitfalls. It’s also essential when it comes to tax issues, federal and local laws, industry requirements, workplace safety, employee rights, and data management.
Although you can create a team to oversee all the compliance requirements, you can’t leave all the workload to them. All members of your company must understand compliance, know why it matters, and act accordingly. This means developing a culture that fosters compliance throughout the organization. Here’s how to create a positive compliance culture.