Q3 2023 State of Workforce Activity
Q3 workforce activity dips initially for a seasonal summer slowdown, though improvements throughout the quarter suggest a steady Q4. Table of Contents Introduction Following the surprising strength in workforce activity in Q2, Q3’s labor rates started off slightly slower, though late-quarter improvements left the period steady overall. The slowing decline in the labor participation rate […]
Q2 2023 State of Workforce Activity
Q2 workforce activity shows labor market resiliency, with most sectors, company sizes, and regions showing y/y and q/q improvements. Table of Contents Introduction The year for workforce activity had a strong start in Q1 though levels eased as the period progressed. However, in Q2, there was widespread strength across the economy, represented by the metrics […]
Q1 2023 State of Workforce Activity
Q1 workforce activity started off hotter than expected and cooled down as the quarter progressed. Table of Contents Introduction The year’s workforce activity started off strong and better than expected following an uneven Q4, but levels declined throughout the quarter. Much of the slowdown in workforce activity that was seen in March is aligned with […]
Private Health Insurance Exchanges – What are They?
For the past two decades employers have been finding it increasingly difficult to provide health insurance coverage to their employees due to the soaring costs of healthcare. Strategies such as offering consumer driven health plans, shifting more cost onto employees, reducing benefits and implementing wellness programs have been adopted by some employers in order to […]
Broker Versus TPA – Which is Best for You?
Companies considering retaining a broker versus TPA (third party administrator) to manage their employee retirement benefits have an important decision to make. Many HR departments experience uncertainty or confusion when assessing the options; others are reluctant to take action, fearing a wrong decision.
Selecting the Right HRIS Platform for Your Organization
Increasingly, companies are turning to human resource information systems (HRIS) as a way to streamline payroll, manage HR data, meet regulatory compliance and integrate essential employee processes. However, as implementation of a solution becomes a strategic move that affects the entire organization, there’s much more involved with making the decision. Finding an HRIS platform isn’t […]
COBRA – 4 Best Practices for Managing it Effectively in Your Organization
COBRA stands for the Consolidated Omnibus Budget Reconciliation Act. It is a law that requires health insurance providers to offer continuation coverage to employees and dependents when their coverage ends for certain reasons. The laws of COBRA apply to health plans managed by companies with at least 20 full-time employees.
Why You Need to be Concerned About Employee Time Theft
Time theft isn’t something that comes to mind when most employers think about theft. Usually they are more concerned with employees stealing supplies, equipment, or even money from the company.
Five Common Office Hazards to Prevent
