Thu.Jul 11, 2024

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Reinventing Retirement: Customizing Your Third Third

Money Talk

People’s lives can grouped into three basic chapters: youth/education, career, and post-career (a.k.a., retirement). In the first chapter, our lives are controlled by parents and teachers and, in the second, people have career and/or family responsibilities. It is not until the third chapter that many people have the ability to decide what they want to do and who they want to be.

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How to Write a Professional Business Text Message

HR Bartender

Estimated reading time: 4 minutes I recently wrote an article about “ How to Write an Email that Others Will Read ”. It provides great tips and reminders about sending good email messages. After the article was published, it occurred to me that another common form of business communication is text messaging. So, I reached out to my community again and asked them tips for writing a professional text message.

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Compliance TV: Three States, Virgin Islands Face Credit Reduction for 2024; District Court Grants Injunction to Block DOL Rule For DBRA; and more

PayrollOrg

In this July 2024 issue of Compliance TV: Three States, Virgin Islands Face Credit Reduction for 2024; District Court Grants Injunction to Block DOL Rule For DBRA; and more

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How AI will transform the way we design and manage the places we work

Workplace Insight

The integration of Artificial Intelligence into the workplace is not just a technological shift; it’s a fundamental reimagining of how we work, interact, and manage our professional environments. As AI capabilities rapidly evolve, they promise to transform every aspect of workplace design and management, from physical layouts to organizational structures and employee experiences.

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From Payroll Pains to Growth Gains: Streamlining Payroll & HR for Success

Speaker: Joe Sharpe and James Carlson

In the world of small business management, the challenge of managing payroll & HR efficiently while scaling operations can be overwhelming. Yet, with the right strategies in place, these challenges can become opportunities for growth and innovation. In this session, Joe Sharpe, Senior Director of Managed Payroll Services at IRIS, will reveal practical methods and expert insights for outsourcing and streamlining payroll processes, resulting in substantial time and resource savings.

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ADA service animals in the workplace: Navigating accommodations

Business Management Daily

The Americans with Disabilities Act (ADA) is the leading disability rights law in the United States. It offers crucial protections to individuals with disabilities, including those who use service animals. Business owners often understand how to accommodate customers or the public with service animals. However, they might not know how to make similar accommodations in the workplace.

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New Fiduciary Rule Affects Employers that Offer HSAs

InterWest Insurance Services

The Department of Labor’s new fiduciary rule, which mainly applies to 401(k) plans, will also affect employers who offer their staff health savings accounts. The new rule, which takes effect September 2024, bars employers from providing advice to their workers on how they should invest the funds in the HSA they offer. It should be noted that just offering an HSA does not, in and of itself, make a sponsoring employer a fiduciary, as long as the employer doesn’t cross the investment ad

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Making money goals helps employees achieve financial wellness

Employee Benefit News

With sections for future dreams, daily routines and personalized feedback, AfireFi helps users become masters of their money.

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How to Take Care of Yourself (without Spending Lots of Time or Money)

BetterUp

Discover how to take better care of yourself and improve your well-being. Incremental everyday choices can have a lasting impact in life.

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COVID, bird flu and other pandemic risks are still a threat to the workplace

Employee Benefit News

With cases of bird flu on the rise, are employers prepared to protect employees from pandemic health risks?

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Plant the Seed for Successful Onboarding!

Our Free Welcome Email Templates (designed for both in-office or virtual employees) are ready for you to customize and use to plant the seeds of success for new team members.

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The Perfume Shop implements on-demand pay

Employee Benefits

Fragrance retailer The Perfume Shop has introduced on-demand pay as part of its ongoing commitment to supporting its workforce. Through the Wagestream app, the retailer’s employees will be able to draw up to 50% of their salary out at any time of the month to help with unexpected bills, expenses and other costs, to avoid falling into debt or taking out a payday loan.

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With less business travel, airlines cut costs

Employee Benefit News

Fewer corporate customers means struggling to deal with seasonal fluctuation, and areas like administration and marketing will take a financial hit.

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Tesco to close Express stores early so employees can watch Euro 2024 final

Employee Benefits

Supermarket chain Tesco will close its smaller Express stores early so employees can watch the Euro 2024 final on Sunday 14 July. To mark the occasion of the England men’s football team reaching the final, its more than 1,800 Express stores across England will shut at 7.30pm, replacing the usual closing time of 10pm or 11pm. All stores will then reopen as normal the following morning from 6am or 7am.

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Measuring the Impact of Leadership-Driven Recognition on Performance Metrics

Vantage Circle

A study by Great Place to Work highlights that a genuine 'thank you' from those in the corner offices can ignite a 69% increase in the likelihood of employees bringing their extra effort to the work floor. Talent is an organization's best asset. While employee turnover is inevitable, strong leadership recognition can help retain top performers.

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Engage, Empower, Excel: Transforming Performance in the New Era of Work

Speaker: Radhika Samant and Adri Glover

The world of work has fundamentally changed. The series of waves that the pandemic began have rippled through the Great Resignation, quiet quitting, the Great Regret, and other eloquent phrases that boil down to the same thing: people aren’t engaged at work or enabled to perform at their best. The truth is that engagement and enablement is more important than ever, but how we do it is the critical differentiator for many organizations.

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Building Meaningful Relationships

International Foundation of Employee Benefit Plans

In recent years, a startling trend has emerged: We are feeling lonelier than ever, especially at work. BetterUp reports that 69% of U.S. employees are not satisfied with the opportunities for connection in their workplace. This is especially troubling because most of us spend […] The post Building Meaningful Relationships appeared first on Word on Benefits.

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Saving for retirement shouldn't be on employees alone: 3 ways employers can help

Employee Benefit News

Offering education and access to a variety of savings options prepares employees for long-term financial wellness.

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The Perkbox Vivup Group to acquire Let’s Connect from Personal Group

Employee Benefits

The Perkbox Vivup Group is to acquire technology salary sacrifice benefits provider Let’s Connect from workforce benefits and services firm Personal Group. Let’s Connect’s team, which has a number of partners, and public and private sector clients, will blend into Perkbox Vivup’s operating structure and join its culture. According to Perkbox Vivup, the acquisition will strengthens its position as a provider of technology-based salary sacrifice benefits.

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FTC Report Strikes at the High Cost of Drugs

Workers' Compensation

The US Federal Trade Commission [FTC] report "Pharmacy Benefit Managers: The Powerful Middlemen Inflating Drug Costs and Squeezing Main Street Pharmacies" examines the influence of Pharmacy Benefit Managers (PBMs) in the pharmaceutical industry. PBMs act as middlemen managing prescription drug coverage for millions of Americans. “Over the past 20 years, pharmacy benefit services have become increasingly concentrated.

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How to Increase Diversity in Your Workforce Through AI Technology

Diversity and inclusion are crucial for building a strong and innovative workforce. Discover how AI technology can revolutionize your hiring process and drive diversity in your organization. Explore over 10 ways AI recruiting tools can help you identify a wider pool of candidates, enhance communication strategies, and eliminate unconscious bias. Embrace the future of recruitment and create a more diverse and inclusive workplace with AI technology.

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Mars appoints global vice president for people and organisation

Employee Benefits

Mars, a manufacturer of confectionery, pet food and other food products, has appointed Rebecca Snow global vice president for people and organisation. Snow will transition into the role as of this month and take on full responsibilities from 1 October. She replaces Eric Minvielle, global vice president for people and organisation and Mars chief human resources officer, who will retire at the end of the year after four decades with the business.

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Intuit Layoffs Set to Move Forward—AI Ambitions Lead The Way

HR Digest

The AI uprising and the layoff epidemic are closely intertwined and we see another example of it with the Intuit layoffs. The multinational company that specializes in financial software has announced its decision to fire 1,800 employees in favor of its AI pursuits, stating the importance of investing in key growth areas right now. Instead of solely focusing on job cuts, Intuit’s reorganization efforts will also circle back to rehiring workers to fill the gap created in specific fields.

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48% of employees said they're being distracted every 30 minutes

Employee Benefit News

Email, internal chat rooms and video conferencing apps have proven necessary to stay connected at work, but at what cost?

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Identifying Weaponized Incompetence & How To Stop It

BetterUp

Jump to section What is weaponized incompetence?

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How To Empower Your Workforce With Modern Fertility Benefits

Speaker: Andrea Wuchiski

In an era where a workforce spans multiple generations, HR managers and Total Rewards leaders face the unique challenge of designing benefits packages that cater to diverse employee needs. This session will delve into how comprehensive fertility benefits can bridge generational gaps, support employees’ health, and enhance workplace satisfaction. Join us for an insightful session that highlights the strategic importance of fertility benefits in today’s competitive job market.

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A Hostile Environment

Florida Workers' Comp

A federal judge in Alaska has resigned according to CNN and others. His departure, on little notice, brings to an end an investigation by "The Judicial Council of the Ninth Circuit." The report of that group is an intriguing peek at the process by which federal judges can be subject to discipline despite their tenured status. I have enjoyed some animated debates regarding tenure over the years.

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3 steps to developing HR strategies

Achievers

Human resource (HR) professionals play a leading role in keeping any organization functional and successful. They’re responsible for acquiring and retaining talent, developing and engaging employees, and so much more. But without the benefits of a well-crafted HR strategy , they’ll lack the direction and resources they need to advance your company’s immediate and long-term objectives.

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Second four-day week pilot to begin in UK this autumn

Employee Benefits

A second pilot of a four-day work week is scheduled to launch this autumn. The four-day-week pilot has opened for organisations to sign up for a November start, with findings to be presented to the government in summer 2025. It will also assess other flexible-working arrangements, including a shorter working week, flexible start and finish times, a nine-day fortnight and compressed hours.