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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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Identifying Weaponized Incompetence & How To Stop It

BetterUp

Jump to section What is weaponized incompetence?

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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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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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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.