Wed.Jun 05, 2024

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Over 80% of employers plan on giving their benefits an upgrade in the next year

Employee Benefit News

Lively found that a majority of organizations will be focusing on financial wellness benefits in an effort to fight turnover.

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Five Ways for Women to Take Charge of their Financial Futures

Money Talk

I recently attended a webinar about women’s finances presented by the FINRA Investor Education Foundation in cooperation with the New York Public Library. The webinar began with a justification for focusing on financial planning for women. Among the statistics that were presented from various studies are the following: ¨ 37% of women have high financial knowledge (vs. 57% of men) ¨ 59% of women feel anxious about their finances (vs. 52% of men) ¨ 48% of women (vs. 40% of men) find it very or som

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A 5-point checklist for CAA compliance on Rx fiduciary oversight

Employee Benefit News

Definitive steps can be taken to strategically optimize pharmacy benefits in a way that balances cost with quality care.

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A Complete Guide on Contract Migration

HR Lineup

In today’s fast-paced business environment, companies are frequently involved in mergers, acquisitions, and reorganization. Such events often necessitate the migration of contracts from one entity to another. Contract migration is the process of transferring contractual obligations, rights, and duties from one party to another, ensuring continuity and compliance with legal standards.

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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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Recruiters are choosing resumes more randomly than you think

Employee Benefit News

Kickresume found that recruiters are "halfway towards randomness" when choosing the best candidate for a job opening.

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From teacher to tech exec, this CEO wants her teams to feel valued

Employee Benefit News

A long career in tech management inspired Jennifer Dulski to build a workplace platform she wishes she'd had.

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Hot Paid Time Off Trends for the Summer

International Foundation of Employee Benefit Plans

As the school year draws to a close and temps heat up, folks across the country are starting to plan for summer fun! Whether you’re getting another passport stamp, sticking around for a staycation or taking a Friday afternoon off for a […] The post Hot Paid Time Off Trends for the Summer appeared first on Word on Benefits.

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20 best states for nurses

Employee Benefit News

The benefits of a nursing career varies state by state across the country. Here are the 20 best spots for nurses.

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What are the HRA attestation requirements?

PeopleKeep

The qualified small employer health reimbursement arrangement (QSHERA) and the individual coverage HRA (ICHRA) are personalized health benefits that allow employers to reimburse their employees tax-free for their health insurance premiums and other out-of-pocket medical expenses. Employees must have a qualifying form of individual health insurance to participate in an ICHRA, but they can have any coverage that meets minimum essential coverage (MEC) to participate in a QSEHRA.

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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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Even corporations say the 2024 political climate is terrible

Employee Benefit News

The risk of backlash has led 60% of companies to be more selective in the social and political issues they address.

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GenAI is already driving down demand for freelancers

Workplace Insight

The demand for freelancers working in writing, and coding related jobs has dropped by 21 percent since the launch of ChatGPT in November 2022, according to new research by Imperial College Business School, Harvard Business School and the German Institute for Economic Research. This research paper, Who is AI Replacing? The Impact of Generative AI on Online Freelancing Platforms , looks at the impact of GenAI technologies on the demand for creative professionals who work on an hourly basis for dif

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How to Write a Job Application Email (Examples & Templates)

BetterUp

Jump to section First things first: Collect your candidate information How to write a job application email in 6 steps 5 email templates for job applications Your email’s first impression

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Unlock the Best 15 Employee Perks in the US Companies

Vantage Circle

American workplaces have undergone a smooth evolution, incorporating the essential components of a modern workplace. At the center of this transition lies the willingness to go beyond traditional compensation packages and immerse employees in company culture. As such, employee perks in the US show an inclination to reflect the best of this culture. These perks allow companies to carve a distinct identity and support their employee engagement employee engagement initiatives by reinforcing company

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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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STR Group invests in employees to maintain health and wellbeing in the summer

Employee Benefits

STR Group believes that not only is investing in its employees and helping to maintain their health and wellbeing the right thing to do, but that it is the key to its success. The international science, technology, engineering and mathematics (STEM) talent recruitment business has more than 120 employees and offices in the UK, the US and Switzerland.

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How to make your office more eco friendly - Ciphr

cipHR

From cutting plastic use to rethinking your office space, discover six quick ways to make your office more eco friendly

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Quiet quitting and staff turnover named biggest employee health and wellbeing issues

Employee Benefits

Quiet quitting (35%) and staff turnover (34%) have been revealed to be the biggest employee health and wellbeing issues this year, according to new research from Towergate Health and Protection. The health and wellbeing advice and solutions firm surveyed 500 HR professionals and found that quiet quitting, which is where an employee does the bare minimum their role involves without effort or enthusiasm, was the largest health and wellbeing issue that respondents have experienced.

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Benefits 101: Comparing HAS, HRAs, and FSAs

HR Professionals Magazine

The post Benefits 101: Comparing HAS, HRAs, and FSAs appeared first on HRProfessionalsMagazine.

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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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Menzies Aviation ground services staff at Glasgow Airport accept pay deal

Employee Benefits

More than 200 workers employed by Menzies Aviation at Glasgow Airport have accepted a one-year pay deal , which will increase pay packages by 6.8%. The ground services crew, who are members of trade union Unite, include dispatchers, allocators, airside agents and controllers. They overwhelmingly voted to accept the offer, which will be backdated to January this year.

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Leveraging Artificial Intelligence in Predicting Future Medical Claim Costs:An Actuarial Perspective

HR Professionals Magazine

By R. Edward Johnson In the realm of insurance, predicting future medical claim costs is pivotal for maintaining financial stability and offering competitive premiums. Traditionally, actuarial methods have been the backbone of this process, relying heavily on historical data and statistical models. However, the advent of artificial intelligence (AI) has revolutionized this landscape, offering unprecedented opportunities to enhance prediction accuracy and efficiency.

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Beth Brown: How does the lifetime allowance abolition impact employers?

Employee Benefits

The abolition of the lifetime allowance (LTA) in April came with implications that employers will want to be aware of. When the Chancellor Jeremy Hunt announced the overhaul of the LTA in the 2023 budget, pension experts suggested it was unlikely the change could happen in the 2024/25 tax year because of the administrative challenge of removing it so rapidly.

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Earn the Latest HRSI Organizational Certification Badge: Workplace Wellness

HR Professionals Magazine

The post Earn the Latest HRSI Organizational Certification Badge: Workplace Wellness appeared first on HRProfessionalsMagazine.

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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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Moneypenny aims to keep employees happy and safe in the summer months

Employee Benefits

The key for Moneypenny is to keep its employees happy and safe in the sunnier months, while also providing them with tools to experience the best of summer and that support their health and wellbeing. The outsourced communications provider invested a lot of time in creating an environment where its employees want to work, and its workspaces were designed around their preferences.

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Money Matters: The Unique ROI of Employee Financial Wellness

Best Money Moves

Money Matters: The Unique ROI of Employee Financial Wellness. Financial wellness programs play a crucial role in building good habits and empowering employees. Here are three ways employers can see the ROI of these programs. Ninety-six percent of employers feel somewhat or extremely responsible for their employees’ financial wellness, according to Bank of America’s 2023 Workplace Benefits Report.

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Quit or Don’t, There’s No Escaping Return-to-Office Trends

HR Digest

As expected, employers perceive the return-to-office trends to be a good thing while employees are resisting being forced back to their office buildings. The distinct divide between employers and employees has never been as wide as it is on the matter of returning to the physical workspace and the divide is only likely to grow. ResumeBuilder recently found that 25 percent of employers plan to order employees to return to office in 2025, which doesn’t include the larger number of employers who ha

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Paid parental leave options: Understanding your rights

Business Management Daily

Balancing demanding work obligations and a growing family can be a big challenge for employees, especially when they have just welcomed a new child. Parents need time off to care for and bond with their latest addition. However, limited parental leave options in the United States often hinder them. Currently, only 27% of American workers employed in the private sector have access to paid family leave.

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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.