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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.
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.
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?
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
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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Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
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.
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.
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.
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.
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
International Foundation of Employee Benefit Plans
JULY 11, 2024
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.
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.
The UK is grappling with a significant labour and tech skills gap, affecting multiple sectors. Labour shortages are particularly acute in accommodation and food services, human health and social work, and manufacturing. In the cybersecurity sector, UK businesses have consistently faced difficulties in recruiting the necessary skills since 2022. When the right skills are scarce, retaining existing talent becomes crucial.
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.
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.
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.
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.
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.
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.
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.
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!
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.
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.
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.
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