Thu.Nov 07, 2024

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Spending Money: Insights and Recommendations

Money Talk

Recent data from government agencies and retailer organizations indicate that U.S. consumers have continued to spend money robustly in 2024 even with inflation increasing the cost of many goods and services (a.k.a., cost-of-living creep). Not surprisingly, delinquency rates on credit cards have increased, with 8.9% of balances transitioning into delinquency during the past year according to data from the Federal Reserve Bank of New York.

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University staff love to connect on campus, but also value time working from home

Workplace Insight

A new report from Hassell, the 2024 Education Futures Survey , explores how hybrid working is reshaping the needs and expectations of Australian university staff. Based on responses from 300 university employees and a benchmark group of 500 office workers, the survey reveals distinct trends in campus work culture and the growing preference for in-person interactions among academic staff, coupled with a desire to continue working from home when needed.

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Relevance

Florida Workers' Comp

I recently ran into Horace Middlemier* who has enjoyed a long and storied carrier in his legal community. he was more reticent than usual, and eventually our conversation turned serious. He asked, essentially, "how do I remain relevant." That one took me by surprise. It is a valid question for anyone, but perhaps should be preceded with a careful and thoughtful consideration of whether your perceived present relevance is real or in your mind.

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Leading with Emotional Intelligence (EQ) in the Workplace 

International Foundation of Employee Benefit Plans

Over the years, emotional intelligence has evolved into a must-have skill for leaders (and really everyone!), but what is it, and how can it be developed in the workplace? According to Daniel Goleman, psychologist and author of Emotional Intelligence, “Great leadership works […] The post Leading with Emotional Intelligence (EQ) in the Workplace appeared first on Word on Benefits.

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We’re Here to Help! How to Navigate Your Top HR Priorities

Are you helping your people proactively plan for retirement? How are you prioritizing the mental health of your HR team? These are a few of the questions that HR professionals are seeking answers to today. Luckily, Gallagher’s consultants came together with four robust articles (and one infographic) that help address these pain points and provide you with proactive planning tips to help you simplify, personalize and create flexibility in your benefits offerings to help ensure your people thrive

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11 Reasons For Leaving A Job: Examples & How To Explain Them

BetterUp

Jump to section 11 good reasons for leaving a job examples Why do employers ask about your reasons for leaving a job?

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What is Candidate Care & Why Does It Matter in the Recruitment Process?

HR Lineup

Candidate care has become a vital component of modern recruitment strategies. It refers to the approach recruiters and hiring teams take to ensure candidates have a positive experience throughout the hiring process, from the initial interaction through to feedback and final communication. This article explores what candidate care entails, why it is essential in recruitment, and how organizations can enhance their candidate care practices to attract and retain top talent.

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What can employers do to boost their employees' performance?

Employee Benefit News

From technological tools and continued learning resources, to career development programs, companies are taking employee feedback more seriously when it comes to building support networks and improving productivity.

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5 ways construction companies can strengthen supplier relationships

WEX Inc.

In the construction industry, the strength of supplier relationships can make or break a project. With tight deadlines, fluctuating material costs, and complex procurement processes, maintaining strong ties with suppliers ensures that projects run smoothly and remain on budget. As competition grows and supply chain issues fluctuate, construction companies should take proactive steps to build and maintain these relationships.

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How employers can tackle the loneliness epidemic

Employee Benefit News

The future of work is human, so finding ways to connect is crucial, says this benefits expert.

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4-Week Roadmap for New Hires

Nearly one-quarter of employees (23%) admit they’ve cried within the first week! Give new hires a positive start with this four-week onboarding roadmap. This schedule outlines all the turns, detours, and speedbumps new hires can expect in their first month. We’ve included suggestions for each week to help you make your new employees’ highway to success an easy road.

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IRS Issues New Long-Term, Part-Time Employee Guidance Under the SECURE 2.0 Act for 403(b) Plans

McDermott Will & Emery Employee Benefits

On October 3, 2024, the Internal Revenue Service (IRS) released Notice 2024-73, which provides guidance on the application of nondiscrimination rules under Internal Revenue Code § 403(b) for long-term, part-time employees.

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Integrated payroll and HR software: what’s the best option for you? - Ciphr

cipHR

One of the most crucial challenges organisations face is paying employees accurately, and on time. While that may sound straightforward, there are lots of complications that can occur along the way. In this comprehensive guide, we explore how to finding the right expert provider to address these challenges effectively, and create a payroll solution that works for you.

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7 secrets to solving the talent shortage problem

Business Management Daily

By Karl Ahlrichs It’s not your imagination—we’re facing a perfect storm in the North American workforce. Several factors are at play, creating a challenging landscape for organizations seeking skilled and available employees. We should begin by acknowledging the situation and the factors that have driven us here. First and foremost, demographic shifts are fundamental.

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Looking Ahead, the IRS Raises 401(k) Contribution Limit to $23,500 for 2025

HR Digest

The Internal Revenue Service is making some changes to how much you can contribute to your 401(k) plans. As per the IRS, 401(k) limits for 2025 have been increased to an annual amount of $23,500, up from $23,000. This increase in the 401(k) cap brings up the annual individual contribution limit by $500 and equals the change we saw going from 2023 into 2024.

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Transform Employee Wellbeing and Control Costs Through Data-Driven Strategies

In today's dynamic business environment, HR leaders face immense pressure to optimize costs while maintaining a competitive edge to attract, retain and engage their workforce. Gallagher can help you meet that challenge head-on. Our proprietary data and people analytics platform, Gallagher Drive ® , provides the elevated insights you need to make impactful program decisions that are aligned with your organizational goals and set your strategy up for long-term success.

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Employee Recognition Ideas 

Wellable

Explore employee recognition ideas that boost morale, strengthen culture, and motivate your team, including meaningful, non-monetary gestures. The post Employee Recognition Ideas appeared first on Wellable.

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Amazon Workers Protest CEO’s 5-Day Office Policy

HR Digest

Amazon CEO Andy Jassy denied speculation that the company’s five-day in-office mandate was made to further layoffs or appease city officials. Not long after hundreds of Amazon workers signed a petition against the company’s proposed five-day return-to-office policy. Amazon CEO, has denied claims the policy was introduced to quietly push workers away.

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Workspace Design Show announces Workspace Wellbeing Hero initiative

Workplace Insight

The Workspace Design Show (26 – 27 February 2025, BDC, London) has announced the launch of the “ Workspace Wellbeing Hero ” initiative, recognising and celebrating exceptional individuals in the workspace design industry who go above and beyond to support the wellbeing of others through acts of kindness and resilience in their work environments. This initiative shines a spotlight on those who make a tangible difference in workplace culture through selflessness, compassion, and perseverance.

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Leadership Empathy and Recognition: The Keys to Valuing and Supporting Team Efforts

Vantage Circle

With Expert Inputs from : Saurabh Deshpande - People Culture Expert Research from EY shows that nearly 87% of workers feel that mutual empathy between them and their leaders enhances their efficiency. Additionally, 86% believe that it drives innovation, and 81% feel it contributes to increased company revenue. Empathy and recognition have moved from leadership jargon to becoming what is fundamental for building an involved, productive, and loyal workforce.

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How to Make The Best Benefits Decisions for 2025's Workforce: An HR and Total Rewards Guide

Speaker: Kaitlin Ruby Carroll

Retaining top talent in 2025 means rethinking benefits. In a competitive job market, fertility benefits are more than just offerings - they are a commitment to your team’s well-being. Gain critical insights into the latest fertility benefits strategies that can help position your organization as an industry leader. Our expert will explore the unique advantages and challenges of each model, share success stories from top organizations, and offer practical strategies to make benefits decisions tha

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Let's (not) do lunch? ezCater finds employees are skipping out on opportunities to recharge

Employee Benefit News

The chance to fuel up, decompress and connect is lost when workers avoid this traditional midday break.

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Seven ways payroll errors impact your staff – and how to avoid making mistakes - Ciphr

cipHR

A simple payroll error could have a significant effect on someone else’s daily life, and they may even decide to leave your business.

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Nissan cuts outlook, announces restructuring with 9,000 job cuts

Employee Benefit News

Competition and high sales targets are taking a heavy toll on the car maker.

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Your first 90 days in a new HR manager job role: tips and strategies for success - Ciphr

cipHR

Congratulations – you’ve got the top job you’ve always wanted. But your journey is just starting.

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Reduce Bias in Hiring: Structured Interview Questions for Employers

Structured interview questions are a valuable tool for reducing bias in hiring. They help: Ensure all candidates are asked the same questions in the same way Level the playing field so all candidates have a fair chance of being successful Improve credibility, reliability, and validity Download the guide to get the most out of your interview questions!

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Stay Informed on Medicare Part D Changes

Employer Connection

Changes scheduled for Medicare Part D, which helps Medicare beneficiaries pay for prescription drugs, can affect members of certain major medical employer-sponsored health plans who are eligible for the federal program. Visit the Regulatory Updates blog for more information.

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NC Court’s Special Employment Analysis Raises Important Question

The Workcomp Writer

On Tuesday, in an unpublished decision, the North Carolina Court of Appeals reversed a trial court’s denial of summary judgment for a corporate defendant in a civil action filed against it by a temporary worker who was stabbed at work, while affirming denial of summary judgment regarding the alleged co-worker assailant [ Williams v. Schaefer Systems, LLC , 2024 N.C.

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The Benefits of Investing in Employee Development

Hppy

Investing in employee development has become increasingly vital for companies looking to thrive in today’s fast-paced business world. In addition to helping employees grow their skills, development initiatives create a motivated, skilled, and loyal workforce that drives company success. Hence, this article explores the benefits of fostering such growth opportunities.

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Nissan Cuts 9,000 Jobs, CEO Forfeits 50% Pay Amid EV Push

HR Digest

Nissan Motor said on Thursday that it was planning deep cuts to its global operations as it seeks to reorient its business and recover ground lost in the growing markets for hybrid and electric vehicles in China and the U.S. Around 9,000 job cuts are expected at Nissan, about 20% of its global manufacturing capacity, as per the automaker. (Image Credit: nissannews) Nissan is works towards cost reduction by $2.6 billion in the current fiscal year amid a sales slump in China and the U.S.

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The Diversity Reckoning: Can HR Survive Without New Perspectives?

Speaker: Jeremy York

2024 has tested every organization, and 2025 promises no less - the warning signs are everywhere. If you’re relying on superficial approaches to diversity, you might find yourself scrambling to catch up. Thought diversity - the fuel for new ideas, fresh perspectives, and disruptive innovation - is more than a buzzword. It's a survival strategy. And if you’re not building it into your workplace culture right now , you’re heading for trouble.