Money Talk
OCTOBER 4, 2024
I recently presented a webinar for financial practitioners called Important Financial Transitions in Later Life. Based on content of my book , Flipping a Switch , “flipped switches” are a metaphor for later life transitions. Below is a brief summary of 11 financial transitions: Spending Down Retirement Savings - It can be difficult psychologically for “super savers” to spend down accumulated wealth because it feels like a loss.
PayrollOrg
OCTOBER 4, 2024
The Massachusetts Department of Revenue will conduct a tax amnesty program from November 1, 2024, through December 30, 2024. The program includes withholding taxes.
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Qandle
OCTOBER 4, 2024
The global shift towards remote work has transformed the modern workplace, offering flexibility and convenience to both employees and employers. However, with these advantages comes a new set of challenges, particularly in managing employee performance effectively. Performance management plays an essential role in ensuring that employees remain productive, engaged, and aligned with company goals—whether they work in the office or remotely.
PayrollOrg
OCTOBER 4, 2024
The IRS released the optional “high-low” per diem rates for lodging expenses and meals and incidental expenses (M&IE) that may be used instead of the actual rates.
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Amidst rising cancer prevalence and soaring costs, new cancer technologies and innovations are emerging to support the early detection, treatment, and surveillance of cancer. Read this guide to understand how to evaluate these solutions for your employees and members – and to learn more about the current state of coverage, clinical and cost effectiveness, and impact on quality and outcomes.
Employee Benefits
OCTOBER 4, 2024
Wolseley and The Big Word Group will present a session on financial, mental and physical wellbeing on the second day of Employee Benefits Live 2024. The session, titled The holy trinity of financial, mental and physical wellbeing panel, is part of the financial wellbeing stream and will be held on Wednesday 9 October at 1.45pm. Ant Donaldson, reward manager at Wolseley (pictured above), and Chris Whiting, global head of people and talent at The Big Word Group, will explore how to balance the foc
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
Employee Benefits
OCTOBER 4, 2024
Nearly three in five defined contribution (DC) pension savers will enter retirement with savings below expectations or below an adequate level, according to analysis by Phoenix Insights. Phoenix Group’s longevity think tank’s report Tomorrow’s problem? Analysing the future impact of DC pension undersaving is based on responses of around 16,500 UK employees aged 25 and over.
PeopleKeep
OCTOBER 4, 2024
Group health insurance remains a popular employer-sponsored benefit in the United States. But traditional group health plans are too costly for many employers. Plus the one-size-fits-all nature of these policies may not meet every employee’s needs. That’s why more employers are turning to personalized benefits like health reimbursement arrangements (HRAs), which offer employers more budget control and employees more flexibility over their medical care.
Employee Benefits
OCTOBER 4, 2024
Pharmacists employed by Boots have accepted a 4% pay increase effective from 1 November following discussions between the retailer and the Pharmacists’ Defence Association (PDA) union. Under the agreement, all eligible pharmacists, who are not in their notice period or have not had a pay increase on or since 1 August, will receive a 4% pay award as part of a recognition of their role within the community pharmacy sector and the business.
PeopleKeep
OCTOBER 4, 2024
Finding health benefits for your organization can be daunting. Small employers are turning to health reimbursement arrangements (HRAs) to offer health benefits to their employees. An HRA gives organizations a way to provide quality benefits without the high costs of group health insurance. But, since many organizations aren’t familiar with the benefit, they have questions about who is eligible to participate.
Speaker: Debra Squyres and Todd Wuestenberg
Employee recognition has often been deemed a "feel-good" initiative, tied closely to rewards. While we understand its importance, we tend to associate recognition with intangible outcomes like engagement and sentiment, rather than direct impacts on retention and high performance. In today’s workplace, the true ROI of recognition lies in its ability to regenerate tangible, business-driven results.
Employee Benefits
OCTOBER 4, 2024
The top 10 most read articles between 27 September – 3 October 2024 on employeebenefits.co.uk were: Tribunal claim over ‘dubious’ birthday leave fails Co-op launches diversity campaign and social mobility, inclusion and belonging strategy NEU teachers in England accept 5.5% pay rise Egress, Adobe Systems and Cisco named Best Workplaces in Tech 2024 Private medical insurance found to be most in-demand employee benefit Nudge and Reward Gateway | Edenred partner to provide financial education
Business Management Daily
OCTOBER 4, 2024
By Kevin Eikenberry There are many methods managers can take to become a better coach. Today, I’m giving you three keys to coaching success. Try them out and find the best approach that works for you and your team members. Perspective One of the things coaches bring to those they coach is a different perspective. Let’s face it: As humans, we have plenty of blind spots.
Employee Benefits
OCTOBER 4, 2024
Something for the weekend: Communication is very important in a workplace, and some employees may occasionally take part in a bit of gossip here and there. As office dogs have become more common due to their ability to help reduce stress and enhance social connections, they might find themselves getting involved too, as seen in a video shared on 25 September by @lenwichthegolden, an Instagram account about golden retriever Lenny.
HR Digest
OCTOBER 4, 2024
It’s a good day to be a Hobby Lobby employee and wake up to the news of another wage hike. The arts and crafts supply store recently announced that it has increased the starting wages for its employees again, making this the thirteenth increment since 2009. Hobby Lobby’s 2024 pay hike went into effect on October 1, 2024, so employees who apply to the company now should be able to benefit from the change.
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Managing HR tasks like payroll, compliance, and employee data can overwhelm small businesses. That’s where a Human Capital Management (HCM) solution comes in. Our eBook, Why Every Small Business Needs an HCM Solution: A Comprehensive Guide , shows how an HCM system automates tedious processes, ensuring your business stays compliant and efficient. You’ll learn how to simplify payroll, eliminate costly errors, and empower your employees with self-service tools.
WEX Inc.
OCTOBER 4, 2024
WEX announced today, on National Truckers Appreciation Day, that its new app, 10-4 by WEX , offers nationwide diesel discounts to independent truckers, including owner-operators and small trucking fleets. This free mobile app was developed by WEX, a leader in the fuel payments industry, to offer fuel discounts typically reserved for larger trucking enterprises to independent truckers and small trucking companies in the U.S.
BetterUp
OCTOBER 4, 2024
Jump to section The heartbreak of a friendship breakup How to get over a friendship breakup How to break up with a friend Is it normal to have friendship breakups?
WEX Inc.
OCTOBER 4, 2024
Trucking brings remarkable value to the U.S. economy. According to the American Trucking Association , trucking generated over $940.8 billion in gross freight revenues in 2022. As a trucking business owner, generating enough revenue to keep your doors open is more likely what you’re focused on, however. As an owner-operator you’re operating your own trucks and hauling freight for a variety of clients of all sizes on top of managing a business.
BetterUp
OCTOBER 4, 2024
Jump to section What is fawn response? What causes someone to develop the fawn response? Fawn response examples How do you fix a fawn response?
Speaker: Miriam Connaughton and Donald Knight
As organizations scale, keeping employees connected, engaged, and productive can seem like a monumental task. But what if AI could help you do all of this and more? AI has the power to help, but the key is implementing it in a way that enhances, rather than replaces, human connection. Join us for an exploration into how industry trailblazers are using AI to transform employee experience at scale while addressing both the potential and the pitfalls.
Employee Benefit News
OCTOBER 4, 2024
Organizations that work to connect, coach and offer opportunities to enhance tech skills are setting themselves apart.
Employee Benefits
OCTOBER 4, 2024
The Equality and Human Rights Commission (EHRC) has launched a consultation on its code of practice for services, public functions and associations, which has been updated in the light of case law and other developments. The code of practice sets out the steps that should be taken to ensure people are not discriminated against. It has been updated to incorporate the EHRC’s technical guidance on age discrimination, originally published in March 2016, and to reflect the legal understanding set out
Employee Benefit News
OCTOBER 4, 2024
The new artificial intelligence tool that can generate or edit videos based on a simple text prompt.
Employee Benefit News
OCTOBER 4, 2024
Hyper-intelligent tech can do more than just summarize and take notes, an expert argues.
Speaker: Joe Sharpe and James Carlson
Payroll optimization can be one of the most time-consuming and complex factors of small business management. Yet, organizations that crack the code on streamlining employee compensation often discover innovative avenues for growth. With the right strategies in place, outsourcing and streamlining payroll processes can result in substantial time and resource savings.
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