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Expert advice and action plans for HR and finance leaders who want to make a difference.

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CENTER OF EXCELLENCE

Unlock the True Power of HR

Unlock the True Power of HR

Discover the six pillars that drive HR success Paycor surveyed nearly 2,000 HR leaders and found that less than 10% spend their time proving the value of HR to executives. No wonder 66% of CFO’s say their HR departments have an “average or worse than average” impact on the organization. If this sounds familiar, we want to help you change both the reality and perception of HR in your organization. Based on user groups, one-on-one interviews, third-party research and surveys of HR teams, we’ve developed action plans for six pillars to help organizations achieve HR excellence: Recruiting Benefits Labor costs People management Compliance Employee experience Download the guide to tap into the true power of HR and make a lasting impact on your...

CENTER OF EXCELLENCE

Achieving HR Excellence

Achieving HR Excellence

McKinsey found that the typical HR department still spends 60% of their time on transactional human resources. In today's world of dynamic and constant change, that just won't do.Why not?For starters, you can't recruit and retain top talent if you spend most of your time keying new hire data into payroll or processing administrative tasks.You can't discover new insights about how labor costs are affecting your bottom line if you're too busy manually tracking time and attendance.You can't optimize benefits for a multigenerational workforce if you're stuck hand-holding employees through open enrollment.Get to the next level of HR with a combination of technology and expertise.For nearly 30 years, Paycor has helped medium and small...

CENTER OF EXCELLENCE

How to Build the Ideal HR Team

How to Build the Ideal HR Team

Your resource to understanding where to invest resources as you build your own version of an ideal HR team. In this guide, we’ll: Outline an approach to building an HR team around three key functions: Talent Acquisition, Benefits Administration and HR Operations Dive into the responsibilities of each function and the key metrics that drive their success Consider when, where and why to invest in HCM technology Complete the form below to download the guide now and get started.

Benefits

Benefits Administration: A Guide for HR Leaders

Benefits Administration: A Guide for HR Leaders

Why Employee Benefits Matter Believe it or not, your benefits package can have a serious impact on your ability to recruit, engage and retain talent. Hard to believe? It shouldn’t be. SHRM reports more than 50% of U.S. job candidates say benefits are among their top considerations before accepting a job. That’s why selecting the right benefits package is one of the most important things you’ll do for your employees over the life of your business. Choose the right benefits and your employees might never want to leave. Offer the wrong ones… you might as well install a revolving door. Businesses that get benefits right reap big rewards. Whether you’re aiming to boost your employees’ overall performance or you’re looking to improve...

Importance of Employee Financial Wellness Programs for Small Businesses

Importance of Employee Financial Wellness Programs for Small Businesses

The majority of people seem to be relatively well-informed about personal wellness: physical activity, eating right, drinking the recommended amount of water every day. But many people are unfamiliar with the term “financial wellness.”Financial wellness refers to someone’s overall economic health as well as their lack of worry associated with money. Poor financial health is a known cause of personal and professional stress. Issues with finances can be a distraction at work. In addition to the monetary burden, the side effects of poor financial health often include: Absenteeism and presenteeism Depression Anxiety Stress-related illness Reduced productivity Marital conflict As life goes on it gets more complex, especially regarding...

HR

Are Domestic Partner Benefits Mandatory?

Are Domestic Partner Benefits Mandatory?

A Brief History: Only What You Need to Know The roots of domestic partner benefits stretch way back to 1982, when the City of San Francisco enacted legislation to offer health insurance coverage to the same or opposite sex partners of its unmarried employees. “Domestic partner” soon became the official legal term used by insurers and private and public employers.Also, in 1982, New York City newspaper The Village Voice became the first private employer to offer domestic partner health care benefits. Many other companies and municipalities followed suit. Fast forward to more than 30 years later when, in 2015, the United States Supreme Court ruled that domestic partner benefits apply to both same-sex and unmarried opposite-sex couples....

People Management

COVID Visitor Policy Template

COVID Visitor Policy Template

Keeping your workplace safe during Coronavirus isn’t just about protecting your employees—businesses also need to consider their policy regarding management of visitors. Safety is the top priority, so you’ll want to be clear about both who can enter the workplace and what precautions visitors must take. Download COVID Visitor Policy Template Creating a COVID Workplace Visitor Policy If you can have a remote-first workforce, great. But the reality for many industries is that for business to operate, employees need to be physically present in the workplace. To keep them safe, you should be promoting social distancing at work and staff should not be present if they are suffering from symptoms, have tested positive or have recently been in...

How to Improve Employee Engagement Surveys

How to Improve Employee Engagement Surveys

Employee engagement is essential for so much of what businesses need to succeed—retention, productivity and, ultimately, the bottom line. How best to track it, though, isn’t always clear. What we do know is that current methods just aren’t working: only 16% of HR leaders are happy with how they currently measure employee engagement. This isn’t a surprise, when 74% of companies still carry out an annual employee engagement survey. Collecting all this data in one go means that by the time responses have been collected, analyzed and it’s time to take action, the findings are already out of date. In a volatile economy and with increased remote working the new normal, employee engagement is dropping faster than ever. To mount an effective...

How To Rehire Furloughed Employees (with Template)

How To Rehire Furloughed Employees (with Template)

Furloughed employees agree to take an unpaid leave of absence in an effort to help their organizations cut costs temporarily. From the employer’s point of view, this helps them survive an unprecedented economic downturn but still retain the talent their business needs to come back, hopefully better and stronger than ever. As you know, employers across America have been forced to furlough employees.The May jobs report gave us the first signs that the economy is coming back to life, with companies bringing their employees back to work (though not necessarily together in a physical office space.) Although, regrettably, not all jobs will return, the signs are hopeful that more and more employees will soon be back at work.If you’re...

Compliance

Maternity Leave Laws by State

Maternity Leave Laws by State

Offering new parents leave has been shown to improve employee engagement and retention and helps companies avoid a gender misbalance in the workplace. However, access to leave varies by industry and most workers still don’t have access to paid maternity leave. Whether a new parent is guaranteed time off varies state by state, depending on a company’s size and location. Companies with 50 or more employees must offer FMLA leave, though there are more extensive plans required in many states, some of which also cover smaller companies. What is Maternity Leave? Employees are eligible for maternity leave before and after the birth of a child. Depending on the state it may also be taken after a child is adopted or fostered. Often maternity...

Remote Work Policy - Information Security Template

Remote Work Policy - Information Security Template

To make remote work successful, HR needs to think through risk mitigation policies, especially if it’s new to your organization. One of the biggest issues to consider is information security. It’s important that your remote workers know what to do in case of a security breach or data loss. Download Remote Work Information Security Policy Template Why Information Security is Important for a Virtual Workforce Protecting your company’s data (and the data of your clients) is hard enough when everyone’s working in the same office. It gets more difficult in a distributed, virtual environment. When an employee is offered the opportunity to work remotely, you may want them to sign an initial work from home agreement covering the general...

How to Calculate Overtime Pay for Tipped Employees

How to Calculate Overtime Pay for Tipped Employees

Calculating overtime pay can be a challenge at the best of times, and when you’re dealing with tipped employees it can turn into a real headache. The problem is, many employers assume that overtime is calculated the same for their tipped employees as everyone else. That’s not the case, but it’s important that businesses get it right—or they’ll have dissatisfied employees and the Department of Labor on their backs. The good news is, Paycor Payroll automatically calculates overtime pay so our clients can stay compliant without worry. However, it’s still good practice for all employers to understand how calculating tipped employees overtime pay works. Let’s go step-by-step. Who Is Considered a Tipped Employee? A tipped employee is anyone...

Employee Experience

Sexual Harassment in the Workplace Prevention Checklist

Sexual Harassment in the Workplace Prevention Checklist

Creating a working environment that is welcoming for all employees, no matter their gender, is the responsibility of every employer. For HR teams, this means proactively working to create an inclusive culture but also creating a robust reporting process for when sexual harassment at work does occur. To help employers, Paycor are offering a checklist of actions to take in order to prevent sexual harassment in the workplace. Download Sexual Harassment Prevention Checklist Preventing Sexual Harassment at Work Your people can never reach their full potential if they are worried about suffering from workplace sexual harassment, are subject to quid pro quo agreements or are victims of sexual assault. It’s also a compliance issue: gender...

Testing Employees for COVID-19

Testing Employees for COVID-19

As businesses re-open, preventing an outbreak in the workplace is everybody’s top priority. Employers will want to do everything possible to ensure everyone’s safety and one positive step is to mandate workplace testing for COVID-19. But how will this work in practice? Is It Legal to Test Employees? The good news is, making testing mandatory is legal. In normal times, employers are restricted in how they interact regarding an employee’s health but as the pandemic poses a “direct threat” to workplace safety, different rules apply. The Equal Employment Opportunity Commission have issued guidance clarifying that it is acceptable to require a negative test as a condition of entering the workplace, provided testing is carried out in a proper...

How Businesses are Managing the New Reality of Work: A Paycor Survey

How Businesses are Managing the New Reality of Work: A Paycor Survey

COVID-19 changed the way nearly everyone works and left a lot of unknowns about how to budget and make plans to move forward. To understand exactly how coronavirus impacted medium and small-sized businesses and their workforces, Paycor surveyed nearly 600 HR and finance leaders.Did they need government funds? How many workers did they furlough or layoff? Are employees working from home now? How’s team morale? And perhaps more importantly, what are their plans for the future?This guide offer a pretty good idea of how business leaders are feeling, what keeps them up at night, and what approaches they’re taking to solve problems.

Labor Costs

National Payroll Week Webinar Series: COVID's Impact on Multi-State Taxation - 9/10/20 @2pm ET

National Payroll Week Webinar Series: COVID's Impact on Multi-State Taxation - 9/10/20 @2pm ET

During National Payroll Week, Paycor is hosting three webinars to help business leaders prepare for compliance changes and new trends in 2021. The COVID pandemic has forced many employees to shift from the office to remote work environments. As many organizations juggle the new challenges, business leaders must also evaluate their expanded footprint and how taxes are impacted. In this webinar, Paycor’s resident tax expert, James Schwantes will highlight tax considerations employers need to know.Speaker: Jim SchwantesThursday, September 10, 2020 2pm ET

How Manufacturers Can Both Reduce Labor Costs and Add Value for Employees

How Manufacturers Can Both Reduce Labor Costs and Add Value for Employees

Your workforce is one of your largest expenses. It’s also your greatest risk. To be competitive, manufacturers need to be agile, responsive, and understand how to maximize their talent. Cutting-edge manufacturers are adding value to their employees by providing a workplace where they can grow and develop. They’re also wisely allocating labor costs to the projects and shifts that will maximize efficiency.Labor costs are the largest item on your balance sheet, so an effective cost-reduction plan should balance resources and cost control. While a reduction in force is typically the go-to action when discussing cost-cutting, it’s often not the best way. Replacing employees can be very costly, and lost institutional knowledge can take years...

9 Ways to Manage Costs and Prepare for Future Growth

9 Ways to Manage Costs and Prepare for Future Growth

In this guide, Paycor outlines nine ways to cut costs, with an eye toward a return to health and profitability in the future. Some of these approaches you’ll have already implemented, others might not work for your business. Rather, the list is meant as a framework for a conversation between CFOs and HR leaders, both of who will come to these decisions with a unique and valuable perspective.

Recruiting

How to Achieve Diversity in the Workplace

How to Achieve Diversity in the Workplace

Cultural Diversity Organizational Diversity Diversity in Recruiting Elevate Onboarding Defining Diversity and Why It Matters Having tough conversations about diversity and working towards a more inclusive environment is a part of any successful business. But what, exactly, is diversity? We define diversity as understanding, accepting, and valuing differences in races, ethnicities, genders, ages and more. Diversity can also include recognizing and respecting differences in education, skill sets, abilities and experiences. In order to address diversity in the workplace, you have to be intentional. You have to get comfortable with being uncomfortable and accept that achieving diversity isn’t easy. But it will be worth it in the long run—a...

Virtual Interviews: Best Practices for Remote Recruiting

Virtual Interviews: Best Practices for Remote Recruiting

Remote recruiting makes everyone a little nervous, at least at first. Conducting interviews by video conference just doesn’t sound appealing—can you really read someone’s body language on video? What if the internet connection is bad? All these obstacles and more might make you long for the days when in-person interviews were the norm. But don’t give up on remote recruiting. Here’s how to make it better. The Benefit of Virtual Interviews Remote recruiting has advantages. It’s cost-effective, saves time and broadens your pool of candidates to include people who live out of state or even out of the country. If you commit to remote hiring, there’s no reason for it to be any less effective than in-person interviews. Before the Remote...

Paycor’s streamlined HR and Payroll solutions coupled with a flexible Recruiting platform impressed Taste Buds Management

Paycor’s streamlined HR and Payroll solutions coupled with a flexible Recruiting platform impressed Taste Buds Management

Pandemic Response Paycor’s immediate product updates in response to new coronavirus legislation helped Michelle stay compliant and keep track of employees. “From a technical standpoint, being able to put someone on furlough in the system was great,” she said. “You created custom codes – that makes a big difference. Before it was either you’re hired or you’re not. Now, I’ll be able to sort these specific dates and it will help me make more informed decisions.” “We didn’t know how to handle COVID-19 and Paycor very quickly figured it out. As a partner, you definitely stood out as an authority—you navigated the messiness and gave us direction. Whatever you’re doing to keep your staff focused on the client, it’s working. You have a winning...