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Even without big changes in your workplace, your employee handbook likely needs an update every year, including 2023. Employee handbook updates are becoming increasingly important, as we’ve previously talked about how, when, and why to update. Employee handbook updates must reflect this.
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It’s also essential to update your business’s employee handbook as needed. Aflac’s 2023-2024 WorkForces Report found that just 48% of employees understand their health care costs “well,” while nearly 80% of employers think they do. Explaining plan details in layperson’s terms can also improve comprehension.
Diverse and Engaged CEO Dee Marshall has noted that many companies don’t update their employee handbook as often as they should, and this seems to be the case among a variety of professions. With further employment laws coming into place in 2023, this is the perfect time for you to revamp your company’s employee handbook.
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For 2023, business owners and managers look forward to more benefits in using cutting-edge payroll software. Companies must have a manual or handbook that identifies all elements and details of a payroll process. The post 2023 Best Practices for Payroll Management appeared first on PCS PRO Staff. Payroll Policy.
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