In this issue:
  • Utilizing data to reduce employee turnover
  • Maximizing catch-up contributions
  • 401(k) and HSA
  • Performance Management
  • California employees and pay data reporting requirements

Utilizing Data To Address Employee Turnover

Data can give great insight into your organization’s strengths, weaknesses, opportunities, and threats. Reporting supplies performance and business data to enhance decision-making and alignment of strategic outcomes. Metrics tell part of the story. This Human Resource Executive article gives actionable takeaways to use the data and benchmarking to get a complete picture. Stay interviews can also provide excellent insight. HRi’s custom and comprehensive suite of HR services, tools, and subject matter experts build employee engagement, increase productivity, and improve retention.

 

Retirement Planning – Leveraging 401(k) Catch-Up Contributions

Want to utilize catch-up contributions for retirement planning? Slavic401k details eligibility, contribution limits, and upcoming changes with the Secure Act. 2.0

401(k) and HSA

Many employees are attracted to and stay with an organization because of its health, vision, dental, and wellness benefits. HRi provides employee education and can assist with 401(k) administration and managing a High Deductible Health Plan (HDHP) paired with a Health Savings Account (HSA).

Performance Management

This HR Brew article details how 38% of HR professionals ranked “performance management” as their top priority in 2024, up 11 points from last year. Employee engagement also ranked high.

How does your organization approach performance management and employee engagement?

If you need some help, feel free to reach out. We’ve got some excellent resources to help your organization achieve its HR strategic objectives!s.

Employers with California employees pay reporting data is due by May 8, 2024

Does your organization have California employees? If so, make sure to submit pay data by May 8. This HR Dive article details California’s pay data reporting requirements.


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