Workest Weekly: Notable Compliance Requirements for Employers in 2023, Payroll Ideas for Improving Employee Satisfaction, What’s Keeping Your Employees From Resigning?

Welcome to Workest Weekly — a newsletter for small business owners, HR leaders, and their growing teams.

 

We hope your January is off to a great start! Does your employee benefits package need an overhaul this year? Learn about trends in benefits for 2023. Plus, the new year is bringing changes in state and federal requirements for employers. Find out what you need to know to stay compliant, here. Finally, employee retention is more important than ever. Discover these recent survey results that reveal what keeps people from resigning and try these payroll ideas for improving employee satisfaction.

Small Business and HR Compliance dates this week:

January 9, 2023

Clean Off Your Desk Day. Whether your desk is at home or in the office, it’s probably time you clean and organize your space. #CleanOffYourDeskDay

Does Your Employee Benefits Package Need an Overhaul in 2023?
Companies must implement innovative strategies to give their current benefits packages a major overhaul to stay competitive in 2023.

Does Your Employee Benefits Package Need an Overhaul in 2023?

With inflation causing costs to skyrocket, employees are looking to their employers for assistance with their lives now more than ever. Companies that had a massive list of benefits in 2022 may come to realize that many of them don’t compare to the demands of the labor market.

For a company to differentiate itself from another, innovative strategies must be taken to give its current benefits packages a major overhaul.

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COMPLIANCE
Notable Compliance Requirements in 2023
Here are changes in state and federal laws that employers will see in 2023.

Notable Compliance Requirements for Employers in 2023

With the new year come new federal and state employment laws. Federal workplace protections for pregnant workers and nursing mothers; the continued evolution of paid leave laws; a new salary history ban, and increased minimum wage requirements are some of the changes in state and federal laws that employers will see in 2023.

Find out what you need to know to ensure your company stays compliant.

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RETENTION

Retention has always been important to business, but these days, it’s mission-critical. A recent survey revealed the exact factors that are keeping workers on board.

What’s Keeping Your Employees From Resigning?

A survey from CareerBuilder outlined what’s working and what isn’t when it comes to employee retention. They found more than half of American workers are content in their roles. A closer look at the breakdown from the survey could put businesses at an advantage when it comes to retention. Several areas were noted as key factors in employees’ decisions not to make a change — minor adjustments in any of these could help employers to reduce churn.

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PAYROLL

The responsibility of increasing worker satisfaction tends to fall on the HR team and managers. But payroll is one of the first places you should look.

Payroll Ideas for Improving Employee Satisfaction

The tight labor market has drastically changed the payroll function. To attract and retain qualified people, employers must look beyond their comfort zone — and into overlooked areas like payroll. This will give payroll practitioners a chance to serve employees in not just an administrative capacity but also a strategic one. We cover some of the ways your payroll team and technology can help improve employee satisfaction.

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RECRUITING

Need to stand out at a job fair with new recruitment ideas? Don’t sweat it. Check out 8 ways to stand head and shoulders above the competition.

8 Fun Recruitment Ideas for an Upcoming Job Fair

In today’s digital age, it might seem like recruiting events are unnecessary. However, nothing could be further from the truth. When a company gets to know candidates in person, it gives a better depiction of the person’s experience, personality, and character beyond what their resume lists. Attracting candidates who usually apply online means recruiting events need to go above and beyond to ensure a memorable experience.

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PERFORMANCE AND CULTURE

Chances are, we’re only going to see more about the shift to a 4-day workweek in 2023. Here’s why.

Looking Toward 2023, Expect to See More of the 4-Day Workweek

A 6-month survey of 33 companies and 903 workers spread mostly across the United States and Ireland found that almost all of the companies and workers who tried a 4-day workweek out had no desire to go back to a 5-day workweek. If you didn’t get on the 4-day workweek bandwagon in 2022, the new year is a great opportunity to try something new. Find out how it could benefit your company and employees.

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POPS The People Podcast

The POPS! Podcast by Zenefits helps small business leaders build people teams and succeed in the new world of work.

Where Do I Start If I Want to Survey My Team to Gauge Engagement?

Even though employee engagement is all the rage right now, according to Gallup, only 33% of employees feel engaged at work.

In this episode, David Watson, Product Marketing Manager at Zenefits, shares why engagement is so important to a company’s success and how to survey your employees to gauge where they’re at.

LISTEN NOW

Resources

Use these retention tips to commit to employee well-being and keep your top talent.

Employee Retention Strategies: An HR Checklist

More than 50% of employees who leave their jobs say their manager or company could have done something that would have stopped them from quitting, according to Gallup.

As an employer, the best investment you can make is in your people — they’re your greatest asset.

Check out Employee Retention Strategies: An HR Checklist for tips on how to keep your top talent. In it, you’ll find guidance on:

  • Boosting workplace flexibility
  • Providing work/life balance
  • Offering superior benefits packages
  • Recognizing and appreciating your employees
  • And more

This checklist of employee retention strategies will help you commit to your employees’ well-being, stay competitive in this labor market, and solidify your company’s spot as a top place to work.

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If you want to bolster your business with a powerful team, you need clear, compelling career paths for your employees.

Learn more in @Zenefits' blog: http://ow.ly/FhEr50Mjt8c

#employee #employees #employeeengagement #HR #HumanResources #career

— Cloud Girls
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