Thu.May 23, 2024

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Expert Recommendations to Avoid Scams

Money Talk

It seems like scams are everywhere these days and they affect people of all ages. Below are eight expert recommendations to avoid being a victim of fraud: Get a Contract and Read It- Always have written contracts and review them carefully before signing them when engaging contractors or other service providers to perform work. Don’t leave any blank spaces and always keep a copy of any document that you are asked to sign.

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Arms Race

Florida Workers' Comp

The British Broadcasting Corporation British Broadcasting Corporation (BBC) noted recently an evolving "arms race" in the realm of deep fakes. The article explains that some humans have a curious ability to identify fake photographs on a reasonably consistent basis. Despite that, the rest of us seemingly struggle in that regard. The supposition is, therefore, that technology will be required.

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New York State Budget Institutes Revenue-Neutral Health Plan Tax

McDermott Will & Emery Employee Benefits

The New York State fiscal year 2024 – 2025 budget institutes a new tax on health plans, including insurers and managed care organizations. This tax has been garnering attention for its promise to yield $4 billion for New York State. The expected revenue from the tax, however, is set to come not from the health […] The post New York State Budget Institutes Revenue-Neutral Health Plan Tax appeared first on EMPLOYEE BENEFITS BLOG.

Taxes 98
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How to Write an Employee Handbook For Your Business

15Five

“How much time off do we get?” “How does the company investigate harassment?” “What’s the deductible for our health program again? An employee handbook is key to answering questions like these or pointing an employee to the answer. It isn’t a massive document full of all the policies and procedures your organization uses, but it should be an employee’s first reference point when they have a question about anything your company does.

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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.

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ChatGPT produces half-baked answers most of the time, but people trust it anyway

Workplace Insight

A new study from researchers at Purdue University has found that 52 percent of ChatGPT’s responses to programming queries were ‘riddled’ with misinformation. Even so, people were more likely to trust its answers because they found the application to be so damn polite and well-spoken. It’s the Buster Scruggs of AI. The team examined ChatGPT’s attempts to tackle 517 programming questions.

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More Trending

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It’s a Busy Time in Washington: What Plan Sponsors Should Care About

International Foundation of Employee Benefit Plans

It’s been a busy time in Washington, D.C., with an array of regulatory releases since mid-March. Adding to the attention this space has already been drawing, the latest Talking Benefits podcast episode provides a run-down of what’s been happening so plan sponsors […] The post It’s a Busy Time in Washington: What Plan Sponsors Should Care About appeared first on Word on Benefits.

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Powering new financial benefits and pay flexibility with intelligent automation

Employee Benefit News

These offerings can bring an elevated amount of financial security to workers.

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Cisco and Hilton among UK’s Best Workplaces for Development 2024

Employee Benefits

Cisco, logistics business DHL Express and hotel chain Hilton have been named as some of the UK’s Best Workplaces for Development in 2024. For the first time, workplace culture organisation Great Place To Work analysed more than 230,000 employees’ responses to identify areas that have the greatest impact on a positive employee perception of development.

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It's vacation season — here's how to deal with mass PTO requests

Employee Benefit News

The director of people and culture at HiBob shares how managers can navigate their workers' PTO needs this summer.

PTO 78
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Where You Can and Absolutely Cannot Cut Costs Corners in Benefits Administration

Managing benefits administration is costly, and cutting corners in the wrong places can lead to disengaged workforces and the risk of non-compliance. This eBook from Selerix highlights areas where you can save without compromising the value of benefits. Proactively Thinking: Make decisions for the long run. Discover ways to be proactive in your decision-making to save money in the future, not just temporarily.

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Remote work overseas could lead to double tax for firms, employees and digital nomads

Workplace Insight

The rise of remote work, fuelled by the pandemic, may serve up a hidden danger for employees. Accountants warn that employees who relocate abroad while working for a UK-based company could end up paying income tax in both countries, on top of social security contributions in their host nation. This situation arises from the increased flexibility offered by many companies.

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Will American workers have the 'right to disconnect'? Not in 2024

Employee Benefit News

A California bill would have made it illegal for employers to send work-related communications outside of business hours.

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Carlsberg Group hires new chief human resources officer

Employee Benefits

Multinational brewer Carlsberg Group has hired Susanne Skippari as chief human resources officer and a member of its executive committee, due to join in the beginning of September. Skippari will join from Kone, a global firm in the elevator and escalator industry that employs 60,000 people and operates in more than 60 countries, where she served as executive vice president, people and communications, and was a member of the executive board.

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People less likely to evaluate peers negatively if facing evaluation themselves

Workplace Insight

New research from ESMT Berlin finds that individuals strategically select the colleagues they evaluate, and the evaluation they give, based on how they want to be perceived. Linus Dahlander, professor of strategy and Lufthansa Group Chair of Innovation at ESMT Berlin, alongside colleagues from Purdue University and INSEAD, investigated the impact of how people evaluate peers based on the behaviours of Wikipedia members, for which peer evaluations are transparent.

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HR’s Blueprint for a Successful 2025

The HR industry is changing. Did you know… 1. There will be 4M more jobs than workers by 2033 ( BLS ). 2. For 84% of workers, flexibility is a top priority ( FlexJobs ). 3. 75% of employees have used AI at work ( CFO.com ). It’s time to meet the moment! Use Paycor’s guide to design a blueprint for success.

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23% of employees unsure of pension size needed to achieve retirement income

Employee Benefits

Nearly one-quarter (23%) of UK employees are unsure of the size of pension pot they require to achieve their desired retirement income, according to research by online pension provider PensionBee. Its survey of 1,000 working-age UK adults also found that 15% of respondents thought they would need a pension pot of less than £150,000, while 14% estimated they would require a retirement income of between £150,001 and £250,000.

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The Evolution of Employee Mental Health Benefits

Winston Benefits

The Rise of Mental Health Benefits While the popularity of mental health benefits was on the rise pre-2020, the pandemic and its aftermath significantly accelerated their adoption. A Fortune article revealed that almost 40% of employers expanded mental health benefits during the pandemic. Fast forward to 2024, and a staggering 62% of employers now provide … Continue reading "The Evolution of Employee Mental Health Benefits" The post The Evolution of Employee Mental Health Benefits appeared

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Cloud computing risk management: Cyber and E&O liabilities

Higginbotham

The advent of cloud computing has revolutionized how businesses store, process and manage their data. However, this transformation also brings significant cyber and errors and omissions (E&O) liabilities that companies must consider. A common misconception among businesses is that transferring data to the cloud shifts the associated risks to the cloud provider.

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How improved reconciliation with virtual cards can boost your bottom line 

WEX Inc.

Reconciliation challenges are felt directly by your back-office employees, but they also have an indirect impact on your company’s bottom line, forecasting capabilities, and cash flow. Efficient and effective reconciliation can free up your employees to focus on other needs, reduce fraud, and boost customer satisfaction. Fortunately, virtual cards are a smart way to pay and can improve reconciliation.

Taxes 52
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7 Common ACA Compliance Pitfalls and How to Avoid Them

Managing ACA compliance is a major headache, especially in industries with complex schedules and regulations. Errors can lead to fines, legal battles, and strained employee relationships. Ways to Avoid Penalties & Fines: Non-compliance with Hours of Service (HOS) or misclassifying employees can lead to fines and legal issues. We offer tools to avoid these penalties and ensure regulatory alignment.

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Generative AI could help UK workers save 19 million hours a week by 2026

Workplace Insight

New research from Pearson claims to show the potential of Generative AI to boost workplace productivity by helping UK workers to save ’19 million hours a week’ on routine and repetitive tasks. The new instalment of Pearson’s Skills Outlook series, ‘Reclaim the Clock: How Generative AI Can Power People at Work’ – looks ahead to 2026 and claims too identify the top 10 job tasks with the most time saved by using the technology, in five countries (Australia, Brazil, India, UK and U

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How to leverage ben admin technology to meet HR challenges

WEX Inc.

Many employees desire a personalized benefits experience, creating a significant challenge for HR teams. They must find the right technology and partner to streamline processes and deliver these personalized interactions while managing complex benefits programs. Keep reading to learn how technology is evolving to streamline HR processes and strategies for selecting the most suitable benefits administration partner.

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Top-Tier Transparency—How to Discuss Promotions at Work

HR Digest

Wondering how to discuss promotions without overpromising while still embracing an optimistic tone? You might want to normalize having regular workplace promotion conversations and establish a step-by-step promotion path so you can be on the same page as your employees. Talking to employees about promotions can be a very awkward ordeal. Sometimes you have to deal with promotion requests by letting them down gently and conveying that the time is not right.

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Webinar: Strategies for Productivity, Talent Fit, and Business Performance | June 4th @ 9:30am PST

3Sixty Insights

Pamela Stroko is a seasoned HCM Leader with a rich background spanning from practitioner to industry thought leader. With over 20 years of experience, Pamela has excelled in developing HCM strategies that enhance employee experiences, drive productivity, foster compelling cultures, and elevate business performance. We’ll discuss best practices as it relate to: Expert HCM Leadership: With over 20 years of experience, this leader is known for transforming HCM strategies, enhancing employee e

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7 HR Priorities for 2025 to Supercharge Your Employee Experience

Speaker: Carolyn Clark and Miriam Connaughton

Forget predictions, let’s focus on priorities for the year and explore how to supercharge your employee experience. Join Miriam Connaughton and Carolyn Clark as they discuss key HR trends for 2025—and how to turn them into actionable strategies for your organization. In this dynamic webinar, our esteemed speakers will share expert insights and practical tips to help your employee experience adapt and thrive.

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53 Performance Review Examples and Phrases

BetterUp

Jump to section The importance of performance reviews 53 performance review examples 3 tips for delivering a performance review to an underperformer A performance review is an opportunity to foster growth

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Agile Beyond Software: Transforming Marketing and Other Business Functions

3Sixty Insights

In the B2B world, companies are constantly seeking ways to improve efficiency, adaptability, and customer-centricity. Agile methodology, which originated in software development, has proven to be a powerful framework for achieving these goals. But what if the benefits of Agile could be harnessed beyond the realm of software? I’ve had very strong results applying Agile principles to other business functions, particularly marketing, and I’d like to share my thoughts in this article.

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Toxic employees and how to manage them in the workplace

Business Management Daily

Which of the following would you label as toxic employees? Jen consistently posts admirable sales figures and ensures the entire team knows it. She is fond of explaining her success strategy, even to those who don’t want to hear it: Look out for number one. Pitching in to help a stressed colleague wastes your own time. Learn to say, “That’s not my job.” Don’t squander your advantages by sharing tips with others on the team.

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Gravity Supply Chain Solutions employee awarded £90,000 for associative discrimination

Employee Benefits

A former software executive at Gravity Supply Chain Solutions has been awarded £89,900 after an employment tribunal ruled that his employer had discriminated against him in association with his wife’s cancer treatment and that associative discrimination took place due to an underlying insensitivity around her terminal condition. Graham began working for the software firm as head of business partnerships in 2015, initially at its Hong Kong office, and from April 2021 for its UK entity.

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The HR Leader’s Workforce Management Guide

In today’s fast-paced business world, effective workforce management (WFM) isn’t just an option—it’s a necessity.