Thu.Nov 07, 2024

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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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Beyond just rules: The strategic power of HR compliance

Insperity

For many companies, HR-related compliance is often viewed as a necessary but limiting function – a series of boxes to check, policies to follow and regulations to meet. But this perspective can lead businesses to miss out on the full potential of compliance as a strategic asset. The shift from sign-off to strategy By expanding your view of compliance beyond simply meeting legal obligations, it can be seen as a core pillar that supports broader business goals and contributes to a resilient, high-

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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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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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Future-Proof Your Talent Pipeline

Get ready for the future of business. As HR navigates an ongoing labor shortage, leaders need stronger, more adaptable recruiting strategies. Do you have the tools you need to build a talent pipeline that drives sustainable business growth?

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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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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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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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Holistic Wellness: 4 Benefits for a Better Plan

Best Money Moves

The concept of holistic wellness is gaining traction in today’s workforce as companies recognize the value of supporting employees across multiple dimensions of health and well-being. A holistic wellness plan extends beyond traditional benefits, focusing on a comprehensive approach to the physical, mental, financial and social aspects of an employee’s life.

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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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Understanding Group Medicare for an Aging Workforce: Key Considerations for HR Leaders

Speaker: Shawnequa Albert

As our workforce evolves, so must the way we support it. With more employees choosing to work beyond age 65, HR leaders are increasingly being called upon to guide aging employees through one of the most complex transitions in their professional lives - from employer sponsored plans to Group Medicare. Without clear guidance, confusion around eligibility, coverage options, and cost implications can lead to uncertainty and missed opportunities for optimized benefits.

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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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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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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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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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Ready to Save Time With AI? Try 14 ChatGPT Prompts for HR

ChatGPT is a powerful tool that can help you quickly brainstorm, draft, and refine tasks on your to-do list. But it can take a bit of strategy and practice to get generative AI to give you the time-saving results you’re looking for. Try these 14 detailed prompts to unlock the power of ChatGPT. You'll discover ways to streamline tasks for hiring, employee engagement, and performance management.

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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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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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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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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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The Great Disruption: Leveraging AI To Better Your Benefits Strategy

Speaker: Joana Ardelean, MSHRM, PHR, SHRM-CP, CC

The benefits landscape is shifting rapidly, and AI is at the center of this transformation. From optimizing health and wellness programs to predicting future benefits needs, AI is empowering HR and total rewards leaders to make smarter, more proactive decisions. The challenge? Understanding where AI fits in your strategy and how to leverage it effectively while keeping employee well-being at the forefront.

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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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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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Employee Engagement Trends: What’s Working Leading Into 2025

Hppy

With 2024 almost over, 2025 is shaping up to be a good year for businesses and employees. As a business owner or HR professional, it’s important to reflect on the strategies that worked in regards to employee engagement ready for the new year. In this article, we’ll look at what’s been working across many businesses this past year and how HR departments can incorporate some of these ideas into their own businesses to boost employee engagement.

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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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10 HR Metrics for 2025: HR Data Toolkit

The right HR metrics can illuminate hidden trends, justify decisions to the C-suite, and give you an edge in this unpredictable economy. Download Paycor’s guide and learn how to calculate your: Cost-per-Hire Total Financial Impact of Absences Voluntary Turnover Rate And more!

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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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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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Navigating Payroll Compliance: Future-Proofing Payroll in an Evolving Regulatory Landscape

Speaker: Jennifer Hill

Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.