Resource Center

The business world moves fast. Here, you’ll find the expert advice you need to stay ahead of the curve.

Benefits

HR

The HR Playbook: Reduce Turnover with Employee Benefits

The HR Playbook: Reduce Turnover with Employee Benefits

You know benefits are important to employees, but you might be surprised how big of an impact they actually have on employee turnover. After analyzing data from more than 30,000 medium and small businesses nationwide, Paycor discovered that as organizations add benefit plans, there is a significant decrease in turnover. In fact, organizations that offered the right mix of benefits saw turnover decrease 138%. The key is finding that right mix of benefits. Different generations want different things, and designing a benefits plan that fits a multigenerational workforce isn’t easy, but worth it in the long run in order to retain and attract talent. And that’s just the beginning. There are several factors to consider when designing...

The Pros and Cons of Flexible Work Arrangements

The Pros and Cons of Flexible Work Arrangements

Back in the day, the primary determining factor for a candidate choosing your company over your competitors’ was salary. Nowadays, the tide is turning toward the employee benefits your company offers; specifically, flexible work arrangements. In fact, FlexJobs 2018 Annual Survey found that the top three factors today’s candidates look for in a job are: Work-life Balance Salary Flexible Work Options Companies that offer flexible work arrangements reap big rewards, from access to top talent to increased retention rates. Enabling employees to work from home on a regular basis can also boost overhead cost savings when you’re not required to maintain office space for everyone. You’ll likely see improved attendance and productivity, as well as...

Open Enrollment Benefits Assessment

Open Enrollment Benefits Assessment

Design the perfect open enrollment in 4 clicks. Take our interactive assessment, below, to see where you stand! (content will load shortly) Content loading... Please enable javascript!

People Management

BUILD Web Summit - Build a Remote Workplace

BUILD Web Summit - Build a Remote Workplace

Remote employees are more common than ever before. Employing a remote workforce can retain top talent, reduce expenses, and boost engagement for your organization. Learn best practices for creating HR policies, training and engaging your remote employees, and supporting leaders. We will explore new trends of today’s remote workforce. Speaker: Sarah Laboranti Sarah Laboranti is a motivated HR professional with over nineteen years of experience. She is passionate about bringing new ideas to the workforce and leveraging HR’s important role in the organization. She has an upbeat attitude toward the role of Human Resources, in which HR is empowered to “do the right thing” for employees, leaders, the business, and the community.

How and Why to Create an Employee Grievance Policy

How and Why to Create an Employee Grievance Policy

Regardless of size or industry, every company will eventually have its share of disputes and disagreements among its employees. These conflicts tend to lead to problems for your business – from unmotivated workers all the way to negative publicity or even employee lawsuits. The Role of Human Resources HR should work closely with management to ensure a formal grievance procedure and policy is in place. Having a formal process gives your employees a practical, efficient way to express their concerns. This enables you to get in front of any problems quickly, so they don’t turn into a bigger issue for your company. Keep in mind, when you address grievances, employees feel respected which is important for engaging and retaining your...

2019 Report: People Management, Perception vs. Reality

2019 Report: People Management, Perception vs. Reality

Paycor surveyed more than 700 CEOs, CFOs and HR leaders about employee engagement, turnover and compliance practices. Download our latest report to see what they said. What you’ll learn: C-Suite Perceptions Metrics that human resources can leverage to impact the bottom line. Most organizations don’t believe they effectively engage their employees. Turnover Most organizations don’t know how much it costs to hire a new employee. (And the true cost is more than they think.) What causes turnover? It depends on if you ask upper management or the employees who are actually leaving. Only 50% of organizations surveyed track turnover metrics. Compliance One-third of organizations don’t know how frequently they audit their compliance practices....

Compliance

Are You at Risk for Penalties? Take the HR Compliance Audit

Are You at Risk for Penalties? Take the HR Compliance Audit

Take our HR Compliance audit to see where you stand! Paycor’s HR Audit helps determine the effectiveness of your organization’s HR function. This easy assessment is a systematic, objective tool that evaluates your regulatory and policy compliance. (content will load below shortly) Content loading... Please enable javascript!

SaaS Payroll: 6 Tips to Find the Perfect Solution

SaaS Payroll: 6 Tips to Find the Perfect Solution

Software as a Service (SaaS) is the term used for software that’s delivered and used totally online or in the cloud. As more businesses turn to online solutions to manage their workflows, do accounting, etc., it should be no surprise to see that payroll processing is no exception. From tax-filing and employee self-service to data security and compliance management, SaaS payroll automates routine tasks and ensures accuracy, so business leaders can focus on what really matters, improving the bottom line. If you’re in the market for an online payroll system, you’ll need a sharp eye to find the perfect match for your organization. Keep in mind, not all payroll software is created equal. Whether you want to go with a bare-bones solution or...

Pre-Employment Drug Testing Laws by State

Pre-Employment Drug Testing Laws by State

The job market continues to be very tight, and companies are increasingly coming to terms with the fact that finding and hiring top talent isn’t as easy as it once was. With so many states (33 at last count) legalizing medical and/or recreational marijuana, the pros and cons of drug or alcohol testing job applicants has become something of a hot topic. Marijuana accounts for nearly half of all positive drug test results. The rate of marijuana positives in the general U.S. workforce increased nearly 8% in urine testing (2.6% in 2017 vs. 2.8% in 2018) and almost 17% since 2014. So, the question that you might be grappling with is: Do I really want to limit my talent pools by requiring that every prospective employee be tested? Because you...

Employee Experience

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...

Strategies to retain your top performers

Strategies to retain your top performers

As unemployment rates have reached historic lows, it’s never been more difficult to find qualified candidates to hire. And as the labor market tightens and jobs go unfilled, productivity can be impacted. But before you jump at the next resume, beware. Making a bad hire can be even more detrimental to your business as the costs to replace an employee and train them quickly add up. Employee Benefit News reports that employers spend 33% of a worker’s annual salary to hire a new replacement. That’s why every business should be laser-focused on developing and retaining their rock stars. If your company is looking to boost retention, here are some tips to help keep your workforce intact. Create a great first impression Just because you’ve...

BUILD Web Summit - Build a Burnout Resistant Culture

BUILD Web Summit - Build a Burnout Resistant Culture

“The U.S. ranks 30th out of 38 countries in work-life balance which is the bottom 20%. Over 11% of employees in America work more than 50 hours per week.” Join us as we discuss ways to attack burnout from a work efficiency perspective in order to build a burnout resistant culture. Employers need to encourage and reward work efficiency in conjunction with work-life balance, instead of long, unproductive hours. Speaker: Eugene Partridge Eugene Partridge, III is the Director of Procurement for Paycor, Inc., as well as a speaker, author and music producer. He uses his influence to invoke change and his voice to deliver life changing messages of inspiration. He was honored to be a TEDx speaker in May 2019. He has spoken for Cincinnati USA...

Labor Costs

BUILD Web Summit - Build a Competitive Compensation Plan

BUILD Web Summit - Build a Competitive Compensation Plan

Learn how to build a compensation plan that keeps you in line with the market and maintains compliance. Speaker: Christine Ippolito Christine Ippolito, SPHR, SHRM-SCP is the Founder and Principal of Compass Workforce Solutions, LLC, a consulting firm providing strategic human resource expertise to small businesses to reduce exposure and increase profitability. She has served clients in a leadership capacity for 25 years in multiple industries and environments within Fortune 250, venture capital and equity-backed companies, as well as privately held and family-owned businesses.

The Future of HR

The Future of HR

Paycor asked 500+ CEOS, CFOs and HR executives about their human resources challenges, the impact of artificial intelligence and big data and their priorities over the next few years. We compiled the results and are sharing the findings and key takeaways in our report, The Future of HR. Here’s a sneak peek. 45% of Human Resources Professionals Are Concerned About Recruiting & Retention With unemployment at an all-time low, companies are being forced to up their recruiting game or risk missing out on top talent. But it’s not just about attracting employees. The average worker will change jobs at least 12 times throughout their career, which puts pressure on HR to engage, train and develop talent so they’ll never want to leave. This is...

Automated Payroll, Onboarding and Timekeeping Helped Royal Chemical

Automated Payroll, Onboarding and Timekeeping Helped Royal Chemical

Discover how Royal Chemical, a contract manufacturer, used Paycor solutions and customer service to eliminate manual onboarding, timekeeping and payroll. Paycor also provided real-time analytics and custom reporting, simplifying a once complex process for HR.

Recruiting

BUILD Web Summit - Build a Compliant Interview Process

BUILD Web Summit - Build a Compliant Interview Process

Join us we take a deep dive into an often overlooked topic, how to maintain recruiting compliance during the interview process. We will discuss the questions to ask, red flags and what to do during the interview to reduce your legal risk. Speaker: Katharine C. Weber Ms. Weber is a Principal in the Cincinnati, Ohio, office of Jackson Lewis P.C. She has successfully assisted countless clients in handling their labor and employment issues in both Ohio and Kentucky. She has experience litigating wrongful discharge cases; managing discrimination cases; negotiating collective bargaining agreements; representing employers before the Equal Employment Opportunity Commission and other federal, Ohio and Kentucky agencies; advising management on...

The Keys to Recruiting and Compliance Success in Manufacturing

The Keys to Recruiting and Compliance Success in Manufacturing

For HR professionals and business leaders in the manufacturing sector, keeping up with the array of compliance regulations and safety issues has always been challenging. But with unemployment at an all-time low, attracting skilled workers has overwhelmingly become the top concern for manufacturers. In fact, the Manufacturing Institute and Deloitte report that 22% of skilled manufacturing workers are slated to depart the workforce within the next decade. And with experts estimating that a total of 3.4 million workers will be needed to enter the industry over the next ten years, finding new ways to improve the recruiting process and attract top talent will become more important than ever. In this article, we’ll take a closer look at these...

The Impact of Hiring Contingent Workers

The Impact of Hiring Contingent Workers

Economic times continue to be challenging, and employers are faced with determining new ways to manage their workloads, their workforces and their labor costs. With the gig economy in play, more and more companies are looking to hire freelancers, consultants or other types of outsourced workers to share the load and reduce the cost of doing business, such as skyrocketing health care premiums. Organizations such as Macy’s, JC Penny and many other retailers have taken advantage of contingent workers during the seasonal holidays for decades, and it’s paid off big time for their bottom lines. However, in order to know whether this strategy is advantageous to your businesses you must first understand both the positives and the negatives of...