HR STRATEGY

Paychex Inc. Introduces Updated Paychex Flex® HR Software for Businesses to Manage Pandemic-Related Challenges

Paychex | March 08, 2021

The global pandemic has widely stimulated technology adoption, presented new challenges and changed how, where, and when work gets done. To help address these challenges, Paychex, Inc., the Human Resource software and services company that offers the power of effortlessness for increasingly complicated workplaces, announced several enhancements to its analytics offering in Paychex Flex®, the company's cloud-based HR-tech platform. Paychex also included a new retirement services solution and a pair of new additions to help users streamline workforce and cash flow management in this past quarter's software release.

In its most recent Paychex Flex release, Paychex presented a Diversity and Equal Pay Live Report, giving users the facility to analyse their pay and diversity data via a simple, customizable report.

Tom Hammond, Paychex Vice President of Corporate Strategy and Product Management said, "While vaccines have brought welcome optimism for many, the impacts of COVID-19 will be long lasting and far-reaching, especially when it comes to working. The solutions Paychex has introduced over the last quarter are designed to help business leaders secure critical funding, meet shifting employee expectations, make data-driven business decisions, and create a more equitable workforce."

Paychex solutions introduced this quarter include:

• Pooled Employer Plan (PEP) – In response to the SECURE Act, reduces fiduciary liability for employers, simplifies retirement plan management, and lessens plan expenses when compared to single-employer retirement plan offerings. The Paychex PEP surpassed 1,500 new plan sales in the first 60 days of being in the market.
• Clover® Integration – Streamlines payroll, time, and attendance management for business owners using the popular Clover app from Fiserv. With Paychex Flex available in the Clover App Market, business owners can proficiently achieve the essential tasks of payroll, time tracking, staffing, and scheduling all within a single application to help save time, increase accurateness, and reduce cost.
• Biz2Credit Integration – Allows fintech provider Biz2Credit whose subsidiary Itria Ventures LLC has protected more Paycheck Protection Program loans than any U.S. lender, to get the necessary payroll data for the loan application form from Paychex Flex, streamlining the PPP loan application process.
• Diversity and Equal Pay Live Report – Builds on a recently released EEO-1 compliance solution and gives administrators the facility to analyse their pay and diversity data via a simple, customizable report. With elevated access to this critical data, businesses are better placed to reveal opportunities to produce a more varied and reasonable workforce, while also meeting compliance requirements.
• General Ledger Live Report – Dynamically expands visibility of general ledger data – such as credits, debits, and account types – and offers opportunities to drill-down, customize, and segment report information.
• Enhanced Live Report Functionality – Expands the existing thresholds feature in Live Reports to help clients more efficiently monitor how key business metrics are performing against benchmarks and goals. Based on historical data, Paychex Flex will suggest appropriate thresholds to help administrators stay on track in critical areas like daily headcount, overtime hours, and payroll labor costs.

Spotlight

If you were looking to optimize your personal health and fitness, would you do so without stepping on the scale? Probably not. So why, then, do we not measure, track and evaluate business performance using HR metrics? No matter if your business is a high-performing organization or start-up, there is always an opportunity to measure and improve human capital performance and expectations through relevant data capture and analytic methods. In this presentation, Joey Price, CEO and HR Consultant of Jumpstart:HR will discuss the necessity of incorporating HR metrics in your talent management evaluation and overall strategic business goals.


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HR STRATEGY

Supporting employee’s wellbeing through the festive season

HR News | December 15, 2021

The NHS Confederation has warned that mental health problems are growing at an ‘alarming’ rate in England, with 1 in 6 adults having experienced some form of depression in summer 2021, exacerbated by the pandemic. “The festive season is meant to be a wonderful time of year; however, it can bring a lot of extra stress and worry. Many employees are balancing work pressures with family duties and add to this financial worries and fears about the new Omicron variant. This year, offering support to people over the holidays season is so important and could make a big difference to employee wellbeing and ensure your people return to work in 2022 refreshed, motivated and ready to hit the ground running.” -Mark Fosh, Divisional Director at Howden Here are Howden’s top tips to support employee wellbeing this festive season: Encourage employees to ‘switch off’ – An ‘always on’ culture has been exacerbated by the pandemic as the boundaries between home and work have blurred. Encouraging employees to switch off and take a break has never been more important. Spending time with family and friends and catching up on sleep are key ingredients for good wellbeing. Be aware of ‘Divorce Day’ -The first working Monday after the festive break has been named ‘Divorce Day’ due to family lawyers reporting higher than usual enquiries on this day. While relationship issues are personal, the impact of a divorce can be difficult for employees to manage, with prolonged periods of stress leading to depression and anxiety. Being mindful of this, employers can remind employees of support services that could help people going through relationship troubles including a divorce, such as Mental Health First Aiders and the Employee Assistance Programme (EAP) which offers mental health, financial planning and legal support. Festive money worries – The average UK family will spend an average £821.25[ii] in the run up to the festive season. Money worries can cause anxiety, stress and depression. Promoting support services such as EAPs, Citizens Advice, Step Change and the National Debt Line could help employees. Also, businesses could consider running a financial wellbeing programme in 2022, to give employees the tools and know-how to make informed financial decisions. Support employees’ mental health – Be mindful of employees who might not be coping well over the festive period. Look out for uncharacteristic behaviour such as missing deadlines, someone acting more quietly or aggressively or frequently turning up late. Ensure help and support are in place as this will help to reduce absences. Benefits such as EAPs. Virtual GPs and Mental Health First aiders can be used as a first line of defence. Also, promote mental health support available through charities such as Mind, the Samaritans and Victim Support. Signpost employees to their employee benefits – Often employees don’t know what benefits are available, so why not send out a reminder over the festive period? Use end of year communications to provide a useful summary of the benefits and support on offer and importantly, how employees can access them when they need them. Encourage health activities -A combination of lack of exercise and overdoing the festive treats can have a detrimental impact on physical wellbeing. Encourage employees to stay active over the festive break, for example by going out for daily walks. This can also help them cope with any extra pressure over the festive period. In the New Year why not set up a workplace health challenge such as walking, running or cycling? This can be a great way to get teams involved in some friendly and healthy competition, encourage better health habits and boost employees’ wellbeing. Finally, a simple thank you can go a long way – When employees are snowed under and pressure is high, it can be easy to forget the importance of saying thank you. A small but important gesture that lets people know their efforts are noticed and appreciated can really boost morale and motivation. To find out more about looking after employees’ mental health and wellbeing or request an employee benefits review, to make sure they are still fit for purpose for 2022, get in touch with Howden.

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HR STRATEGY

Making Progress on Its Sustainability Journey, Workhuman Announces New Milestones

Workhuman | April 25, 2022

Workhuman®, pioneers of the human workplace, announced key milestones on its global sustainability journey. Workhuman is on a mission to make work more human around the world, and a large part of that is ensuring that the company is making progress toward a more positive impact on the environment. To commemorate Earth Day, the company is sharing more details about its sustainability programs, commitment, and achievements. As an important step in its sustainability journey, Workhuman has achieved carbon neutrality for its global 2021 Scope 1 and 2 emissions, in addition to a portion of its Scope 3 emissions, through verified carbon removal offsets and renewable energy certificates (RECs). The joint procurement was conducted alongside six other global software companies, arranged by Sustainability Roundtable, Inc., a strategic advisory and support service for ESG program assistance, of which Workhuman is a member. “The movement towards a human-centered workplace led by Workhuman is a source of hope, A more sustainable business is one that grows beyond extracting value to create value. This begins with recognizing and promoting our inalienable human and ecological dignity. For this reason, Sustainability Roundtable, Inc. considers it a privilege to assist Workhuman.” -Jim Boyle, CEO & Founder of Sustainability Roundtable, Inc. Workhuman offset all its 2021 Scope 1 emissions in addition to Scope 3 business travel and estimates of employees’ electricity emissions while working from home. Workhuman worked with Natural Capital Partners, the world’s leading experts on carbon neutrality and climate finance, to procure these offsets from the Mississippi Valley Reforestation project, which is certified by American Carbon Registry and aims to reforest one million acres of the Lower Mississippi Alluvial Valley. Unlike other carbon offsets that avoid the release of additional carbon dioxide into the atmosphere, this project will remove existing carbon dioxide from the atmosphere. As Workhuman explores the possibility of adopting a Science-Based Target, the procured offsets align with the Science-Based Targets initiative’s new guidance for supporting carbon removal projects. “Workhuman’s mission to make more human workplaces starts with our own, and a key ingredient in that is ensuring we’re doing all we can to protect our environment,” said “Making the workplace more sustainable requires that a company’s environmental practices, places, and people are building for the future - a healthier planet for all living creatures. We know there’s much more work to be done. But we are fully committed to this journey and are energized to be working with so many like-minded companies. Reducing climate risk takes everyone.” Workhuman has several other internal and external efforts as part of its multi-year sustainability strategy and journey, including: Completing a Materiality Analysis in 2021 to identify key areas to focus on within ESG (environmental, social, and governance). As part of the analysis, Workhuman partnered with Sustainability Roundtable to conduct briefings and confidential surveys with 40 key stakeholders and executives across key business divisions and departments. The resulting independent analysis will be used to guide current and future ESG investment and priorities. Creating a new ERG group – called LiveGreen – focused on advancing and modeling more sustainable practices in Workhuman offices and in the communities around them. For Earth Day 2022, the group is sponsoring clean-ups in Ireland (in Dollymount Strand, Sandmount Strand, and the ParkWest Canal) and in East Boston (through Friends of Boston Harborwalk) and also hosting Catherine Cleary, journalist and environmentalist, to speak to the company about the Circular Economy. Achieving the Ecovadis Silver award. EcoVadis is the world’s largest provider of business sustainability assessments. Its methodology weights criteria for ESG performance across four areas: ethics, environment, sustainable procurement, and labor/human rights. Workhuman’s silver-medal designation places it in the top 25 percent of companies rated. Working with environmentally conscious partners to magnify impact. Through GRS and their Evergrow global climate change challenge, Workhuman has helped fund tree planting around their world. During 2021 and 2022 to date, Workhuman transactions have resulted in The Eden Reforestation Project planting nearly one million new native trees and mangroves in Madagascar, Mozambique, Nepal, Kenya, Haiti, and Indonesia. Donating to non-profits and charities that are making a difference in the world’s fight against climate change. Over the past two Earth Days, Workhuman will have donated $10,000 to the World Wildlife Fund (WWF) with a focus on Climate and Oceans. As the world’s leading conservation organization, WWF works in nearly 100 countries. At every level, they collaborate with people around the world to develop and deliver innovative solutions that protect communities, wildlife, and the places in which they live. Recycling laptops and other electronics to non-profits near our offices. These efforts will lessen the impact on the environment while improving the lives of countless others. Groups we have donated electronics to include Science Club for Girls, Future Chefs, Foróige, Camara Education, Catie’s Closet, and Innercity Weightlifting. Building a new symbiotic working model and future sustainable office. As the world starts to return to the office in greater numbers, Workhuman is meeting the needs of its people through increased flexibility to work from home. This results in less commuting, thereby reducing the company’s overall environmental impact. Workhuman is also revamping physical offices in Dublin and Framingham to create even more human workplaces and spaces. The reinvigorated offices will include in-office composting bins, revamped recycling, enhanced fitness and wellness areas, and several biophilic elements in support of human health and mental and physical well-being. About Workhuman Workhuman® is pioneering the human workplace through award-winning Social Recognition® and Continuous Performance Development solutions. Workhuman inspires more than six million humans across 180 countries to perform the best work of their lives. For the past 22 years, human resources and business leaders alike have used Workhuman Cloud® to gain the proactive insights necessary to transform and lead a more connected, human-centered workplace that accelerates engagement and productivity.

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EMPLOYEE BENEFITS

ALEXANDER DANIELS HR: THE BENEFITS OF TEAM BUILDING ACTIVITIES

Alexander Daniels | July 04, 2019

This is what life looked like last week for all Alexander Daniels staff. A first-class reward for all AD Divisions: HR, Accountancy and Finance, Legal, Offshore, Energy, Engineering, and Global. The event organisers went above and beyond organising a great trip to Barcelona, Sitges to reward our hard working Consultants and Managers, but also to encourage team bonding. “Team building activities can help you to build both a positive company culture and the types of behaviours that make businesses thrive” Benefits of Team Building Activities: Although we had the luxury of stepping away from the usual work office in Birmingham to sunny 40 degree Barcelona weather, there are many benefits of organising team socialising events for employees within a business. It is proven that team building exercises not only improves productivity as it enables staff to come together in a more social and relaxed atmosphere to share ideas, however it also provides an opportunity for an organisation to improve processes, policies and procedures.

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EMPLOYEE ENGAGEMENT

Survey: Digital Workplace Key to Engagement for Frontline Teams

YOOBIC | March 18, 2021

NEW YORK, March. 18, 2021 /PRNewswire/ -- Frontline workers aren’t being given the digital tools they need to succeed, leading to disengagement and reduced productivity, according to an international survey of frontline workers published today by digital workplace innovator YOOBIC. A smarter and more connected approach, using mobile devices and enterprise-grade apps, could be the key to achieving operational excellence, refocusing frontline employees on core revenue-driving activities, and attracting and retaining young workers. Mobile and deskless workers now make up 80% of the global workforce, totaling over 2.7 billion people, but the majority of digital workplace solutions still focus on supporting deskbound employees. In fact, according to the YOOBIC survey, fewer than six in 10 frontline workers currently use mobile devices as part of their jobs, and 73% of frontline employees are still using paper forms, despite 71% saying that easier access to digital tools would make them more productive. The failure to empower workers with suitable digital tech takes a direct toll on mobile teams’ morale and productivity, the survey shows. More than a third of frontline employees now say they feel disconnected from their HQ, and over three quarters say their sense of engagement would be significantly improved by relatively modest connectivity measures such as mobile access to corporate communications messages. With employees almost five times more likely to perform well when they feel their voices heard, lack of connectivity is a serious problem for today’s deskless workforce, the survey shows. Frontline employees don’t just make, distribute and sell the products we consume — they deliver a brand’s purpose and promise, and create value that differentiates the brand from its competitors. By making those workers more productive, organizations free up their time for impactful work such as helping customers, improving quality, and managing critical projects. The absence of appropriate digital tools directly impacts employees’ career growth, with 40% of frontline employees saying they receive training no more than once per year, even though seven out of 10 employees would welcome access to mobile, app-based learning solutions. That contributes to a sense of stagnation that’s especially trying for younger workers, with over a third of Millennials — who now make up three quarters of frontline workers — saying they feel unfulfilled in their roles. Frontline teams are the engine of our economy, but they’re sorely underserved by organizations that fail to invest in new digital technologies,” says Fabrice Haiat, CEO of YOOBIC. “YOOBIC customers who integrate mobile apps into their deskless employees’ workflows are realizing significant gains in operational excellence, customer experience, and sales.” The YOOBIC survey, conducted in December 2020, interviewed 1,000 frontline workers from the UK, US and Canada, across industries including retail, hospitality, manufacturing, and construction. About YOOBIC YOOBIC is an all-in-one digital workplace for frontline teams. Our mobile app gives business leaders and frontline teams the performance tools they need to work, learn and communicate - all in one place. With digitized task management, streamlined communications and mobile learning, YOOBIC drives operational excellence while drastically improving the frontline employee working experience. 200+ global brands including Boots, Burgerfi, Lancome, Lacoste, Logitech, Peloton, Puma, Vans and Sanofi trust YOOBIC solutions to improve operational consistency and agility, get real-time visibility into multi-location business execution, and improve their customer experience. To learn more about YOOBIC visit www.yoobic.com or follow us on LinkedIn.

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Spotlight

If you were looking to optimize your personal health and fitness, would you do so without stepping on the scale? Probably not. So why, then, do we not measure, track and evaluate business performance using HR metrics? No matter if your business is a high-performing organization or start-up, there is always an opportunity to measure and improve human capital performance and expectations through relevant data capture and analytic methods. In this presentation, Joey Price, CEO and HR Consultant of Jumpstart:HR will discuss the necessity of incorporating HR metrics in your talent management evaluation and overall strategic business goals.

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