Continue reading “Get Strategic with Fully-integrated Payroll & HR”
Author: Andrew Choueri
Rethinking Benefits & Rewards
3 Smart ideas to transform your onboarding experience
Financial Wellbeing as a Corporate Social Responsibility Initiative
Why you need to make employee financial wellbeing a priority
With the end of the financial year fast approaching, it’s a good time to think about employee financial wellbeing. Studies show a direct link between financial stress and physical health, emotional wellbeing, and ultimately, workplace productivity. Stress caused by pay levels, an inadequate level of financial literacy or an absence of employee benefits can affect work performance.
In fact, according to the 2017 CoreData/Financial Mindfulness Financial Stress Survey, nearly one in every three Australians feel financially stressed. And it’s a problem that affects all socio-economic groups.
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4 ways your employee engagement programme could be doing more harm than good
Your team is one of your business’ greatest assets. Yet, according to Gallup, just 24% of employees in Australia are engaged – meaning they are involved in, enthusiastic about and innovating in their work and workplace – with 60% not engaged and 16% actively disengaged.
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Employee wellbeing practices that enable workplace productivity
Now, more than ever, employees are under constant pressure to remain accessible and engaged both within and beyond their working hours. Work-related stress has taken a negative toll on employee productivity, increased absenteeism and reduced engagement; all of which are hurting Australian businesses.
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Infographic: Your 5-point guide to STP changes
As Single Touch Payroll (STP) reporting comes into effect on 1 July 2018, here’s a snapshot of what businesses need to know and prepare the change.
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Four ineffective HR practices driving costs up and talent away
Human Resources (HR) adds strategic value to organisations, whilst playing a fundamental role in shaping company culture. It goes beyond managing employees to empowering the workforce. A fair and inclusive workplace attained through practices & policies, recruiting and retaining high-calibre talent, improving employee engagement and boosting performance is vital to a thriving HR function and, more broadly, contributes to organisational success.
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Five ways to create a memorable onboarding experience for new employees
While organisations realise the essentiality of an effective onboarding process, an overwhelming majority struggle to deliver an experience that a new employee would cherish. What makes onboarding critical is the lasting impact it creates on an employee’s productivity, engagement and, in turn, her or his willingness to continue with the organisation.
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