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One of my favorite activities every year is pulling together some of the insights of the previous year to highlight, and we’re already seeing 2025 movement right out of the gate with the Paychex acquisition of Paycor just announced. billion to offer comprehensive employee services and benefits. Looks like an exciting year ahead!
You can donate to organizations in employees’ names or provide employees with a set amount to donate per month, per quarter, or per year. And if you’ve implemented an employeerecognition solution with points-based rewards , you can let them donate reward points to charities of their choice. Give out fun awards.
Equipping your team with the right HR tools can improve employee engagement and your company culture. Use HR software to implement consistent performance management reviews to encourage personal growth and development or employeerecognition programs to highlight achievements and boost morale.
Nearly all HR professionals say workplace technology helps support their role as a strategic contributor to the business, according to Paychex research. companies with 50 to 500 employees. 80: Percentage of HR professionals who believe workplace technology helps support their role as a strategic contributor to the business.
Its features, such as weekly check-ins and peer recognition, enable regular and constructive feedback exchanges between managers and employees. Bonusly : Bonusly is an employeerecognition and rewards platform that complements performance management tools by promoting employee engagement and motivation.
For more insight, check out Making Good's Julian Caspari’s interview with us that explained many of the key elements modern employees expect in a work environment, and how organizations can deliver on those expectations. 46% of employees listed job security as a top reason to stay in a company. And when they do, they'll leave.
The concept of employeerecognition and appreciation has gained significant traction since the mid-1990s. Organizations around the world are seeing the effects of employeerecognition: improved staff morale, increased business sales, better engagement, and the retention of amazing employees. Give out fun awards.
In this post, we’ve rounded up some insightful HR statistics to help both HR and non-HR professionals alike make those hard decisions and have a positive impact on your employees and your company. BLS ) 95% of HR managers believe that burnout has the most serious consequences on employee retention. The average tenure in 2022 is 4.1
Paychex Flex Paychex Flex is a cloud-based platform that combines payroll, human resources (HR), and benefits administration services for businesses of all sizes. It aims to streamline business operations by providing a central hub for managing employees, from onboarding to offboarding.
Employee time tracking. Paychex Flex Paychex Flex offers a wide range of payroll and HR services, including tax management and employee self-service portals. Benefits Administration Employee scheduling. Workflows and Document Management EmployeeRecognition and Rewards 7.
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