Financial Wellness Programs Boost Employee Happiness
Since the pandemic, many Americans have been struggling to get their financial houses in order. If you’re wondering what a financial wellness program encompasses or what would be helpful to your employees, some areas where employees may need help in maintaining their financial wellness are: A manageable level of financial stress. A lifestyle below their […]
Gifts for Employees: The Thought That Counts
Managers reap benefits from giving presents to their teams: Recipients may feel a morale boost and increased motivation to improve productivity. It may be only a modest gesture, but they are more likely to apply their best efforts when they feel valued. Gift policies and principles Many firms codify an official gifting policy with a […]
Payroll Myths Exploded
Are there any misconceptions that you’ve had about payroll? Did you end up finding out the reality of the situation after experiencing a series of unfortunate events? Hopefully, your answer is no, but whether you have been duped by nonfactual information or not, staying informed is the key to protecting yourself. So, keep reading for […]
How to Manage Quiet Quitters
The concept of quiet quitting has obviously been around for years, but emerged overtly in 2022, after the pandemic upended work attitudes. The phrase gained popularity on TikTok, where many millennials and Gen-Zers took it up. Although some of the quiet but stubborn resistance is subsiding, managers must still deal with the fallout. How to […]
Know the Rules for Reimbursing Employees
Businesses can reimburse employees for eligible out-of-pocket, work-related expenses through either an accountable or a nonaccountable employee reimbursement plan. The key difference lies in how the payments are treated for tax purposes. In an accountable plan, employers can reimburse employees for business expenses without classifying the payment as taxable income. Conversely, under a nonaccountable plan, reimbursements are treated as […]