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Senate Approves Additional $321 Billion for SBA Paycheck Protection Program
Update: This blog post was originally published on April 21, 2020. On April 24, President Trump approved $321 billion in additional funding for small businesses. This is part of $484 billion allocated in that legislation, intended to bolster the American economy at this time. More federal funds may soon be on their way to small businesses throughout the country. […]
Update: Special ACA Enrollment Periods
Some states are offering special open enrollment periods for Affordable Care Act (ACA) coverage due to current events. In March, the Trump administration considered a special enrollment period (SEP) to allow more people to sign up for coverage under the ACA, but later decided against an across-the-board reopening of enrollment. The official open enrollment period […]
The New Tech Driving HR’s Digital Transformation
Americans are online an average of seven hours per day – using mobile devices to communicate, order coffee, check bank balances and more, according to 2019 Global Digital reports. Thanks to ever-changing technology, we’ve come to expect direct access to our personal data and important information in all areas of our daily lives. Then we […]
Sharing Institutional Knowledge With Microlearning
Just about everyone in your organization has valuable information and experience they can contribute. The processes, standards, cultural values and general information unique to your organization represent critical institutional knowledge. But how can your organization ensure this institutional knowledge gets to the employees, especially across teams and functions, who need to know it? Microlearning for […]
HR Myths: It Would Make Things More Difficult for HR
Close to 90% of HR professionals nationwide reported utilization of self-service technology in their organization. That’s encouraging, given that it aligns with employees’ expectation of workplace tech. In that same survey by HR.com, nearly 90% of those pros agreed that such tech is the most efficient method of providing HR and payroll information to the […]
What the CARES Act Could Mean for Your Organization
This blog was originally published on March 30, 2020. On June 5, President Trump signed H.R. 7010 into law and this blog has been updated accordingly. Part of Paycom’s job – especially in the thick of the current COVID-19 situation – is to keep you informed about new legislation with direct impact on employers. The […]
3 Tips for Leading a Newly Remote Workforce
In an effort to keep their employees safe and healthy, many companies are asking people to work from home. But this is much easier said than done – especially for organizations without any previous remote employees or remote-work expectations in place. Here are three ways HR can promote effective work with a newly-remote workforce in […]
How the Families First Coronavirus Response Act Impacts Employer Leave Policies
The federal government recently has taken several steps to mitigate the effects of the coronavirus pandemic. Of special relevance to HR professionals is the Families First Coronavirus Response Act (FFCRA), which was signed into law on March 18. In general, the legislation focuses on private-sector organizations employing fewer than 500 people. Read about the Coronavirus […]
5 Questions for Aspiring Female Executives
We can all agree that having women in executive leadership is not a new concept, but recent trends have shown more interest than ever in this important initiative. Multiple contemporary studies have shown that women in leadership roles bring forth positive business impact, and gender diversity has been repeatedly linked to greater innovation, productivity, employee […]
$4.51: The Not-So-Magic Number
In 2018, an Ernst & Young (EY) study examined the costs associated with not using employee self-service technology for HR-related tasks. The result, averaged over dozens of key tasks: $4.39 per single entry of data. More recently, the same organization ran the numbers again. As of 2019, the new average cost of manual HR data […]
HR Myths: Employees Will Enter Their Information Wrong
In its recent survey of HR professionals nationwide, HR.com found one worry outweighs all others in allowing employees to use self-service technology: accuracy of the data entered. At 41%, it heavily topped the reluctant pros’ list of concerns. And yet, an overwhelming majority (82%) agreed that employee-entered data holds those workers accountable for the accuracy […]
When Cupid Strikes: 3 Steps to Managing Office Love
Around Valentine’s Day, conversations about love and romance are everywhere – including the office. The holiday of love may be behind us, but workplace romance is not going anywhere. HR may not usually be viewed as a matchmaker, but they are hiring talented people who fit the values and cultures of the company. When building […]