Thu.Jun 20, 2024

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How to Speak to an Attorney

Money Talk

Many people live decades of adult life before they ever see an attorney. Perhaps they procrastinate on estate planning, never get divorced or adopt a child, never serve as someone’s executor, never start a business, never face criminal charges, and never suffer a personal injury. Also, in many states, people use title companies, instead of lawyers, to conduct real estate closing transactions.

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Case Study Vignette: Investing in Experience – How One Texas Restaurant Chain Carved Out a Special Place in the Hearts of Its Employees

3Sixty Insights

Finding and keeping the best team is a constant challenge for any business. Every business, regardless of size, location, or industry is fundamentally defined by the people that work there. Every business is, at its heart, a people business. So, it’s not surprising that one of the biggest challenges any business faces is to ensure that they can recruit, develop, and retain the best employees.

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NQDC Complications and Best Practices

McDermott Will & Emery Employee Benefits

A nonqualified deferred compensation (NQDC) plan is a powerful employee benefits tool. However, NQDC plans can create complications for plan administrators and participants. In this PLANADVISER article, Brian Tiemann and Lisa Loesel highlight several potential NQDC plan pitfalls and offer strategies to mitigate these hazards. Access the article. The post NQDC Complications and Best Practices appeared first on EMPLOYEE BENEFITS BLOG.

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Increasing number of workers fear they will never be able to afford to retire

Employee Benefits

The number of people in full-time employment who believe they will never be able to afford to retire because of the impact of the rising cost of living is on the rise, with two fifths (39%) of workers claiming they will never be able to afford to stop working, up from one in three (33%) twelve months ago. Those aged 35-44 years old are the age group most likely to believe they will never be able to afford to retire, with almost half of workers (46%) thinking this.

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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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What is human resource management (HRM)?

PeopleKeep

Employees are an employer's greatest asset. Organizations spend considerable time and effort recruiting and retaining the best employees to ensure their business flourishes. That’s why it’s essential to have the right systems and teams in place to manage your employees properly and keep them engaged. Human resource management (HRM) involves overseeing various organizational tasks like employee recruiting, payroll, and compliance.

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What is Continuous Performance Management?

15Five

Your annual performance reviews aren’t cutting it anymore. Only 14% of your employees strongly agree that their performance reviews inspire them to improve, according to Gallup data. Traditional performance management has long been a top-down process, where employees would meet with their manager one to four times a year. This mostly involved managers talking “ at them” about their strengths, weaknesses, and where they needed to improve before the next review.

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10 best and worst companies for entry-level employees

Employee Benefit News

Satisfaction levels among younger talent in the U.S. fell 6% between 2020 and 2023,but it's back on the rise, particularly in one industry.

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Two thirds of remote workers suffer from something called productivity anxiety

Workplace Insight

A new poll from Workhuman claims that while 61 percent of UK employees report higher productivity when working remotely two thirds of fully remote employees say they suffer from what the report refers to as ‘productivity anxiety’ Of those workers, one in four says they battle feelings of inadequacy or pressure to perform constantly or frequently.

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How registered dietitians support healthy eating habits for employees

Employee Benefit News

Expert guidance can provide the type of care needed to help employees make lasting positive dietary changes.

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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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What Is Internal Mobility and Why Do You Need It?

HR Lineup

In today’s rapidly evolving business environment, the concept of internal mobility has gained significant traction. Companies are recognizing the value of leveraging internal talent to meet organizational needs, drive innovation, and maintain a competitive edge. Internal mobility refers to the movement of employees within an organization through different roles, departments, or locations.

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2025 HSA Contribution, HDHP Cost-Sharing Limits

InterWest Insurance Services

The IRS has announced significantly higher health savings account contribution limits for 2025, with the amount increasing 3.6% for individual HSA plans. The IRS updates this amount annually, along with minimum deductibles as well as the out-of-pocket maximums for high-deductible health plans. Under its rules, HSAs, which help employees save for medical expenses, are only available to those enrolled in qualified HDHPs.

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Research Note: The Path to Transformative People Analytics – How WPS Health Solutions transformed their employee experience with UKG

3Sixty Insights

What You Need to Know For decades, HR departments have been repositories of vast amounts of employee data. Even so, much of that data’s transformative power has remained locked away due to a lack of resources, operational pressures, and difficult-to-use analytic technology. However, that is changing rapidly. Executive teams understand the direct business impact of better people analytics, and HR teams are under pressure to deliver insights that shape organizational strategy.

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5 steps to attract and hire highly skilled workers

Insperity

Do you have an open position with super-specific criteria that you’ve had a difficult time filling? Or, maybe the criteria aren’t as specific, but a talent shortage is making it harder to find the right person. If you’ve been trying to pinpoint the right candidate awhile without any luck, one reason could be because you’re looking to hire a highly skilled worker.

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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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Top 10 Employee Recognition Ideas For Small Businesses

Vantage Circle

Are you seeking fresh and effective employee recognition ideas for your small business? Look no further! From spot bonuses to annual vacation rewards, we'll explore various creative ideas designed to boost your team's morale, motivation, and productivity. Let’s dig in. Let’s start by briefly defining what a small business is.

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Median pay increase remains at 5% in three months to April 2024

Employee Benefits

The median pay increase across the UK economy has remained at 5% in the three months to April 2024, according to the latest analysis by Incomes Data Research (IDR). The research organisation analysed a sample of 159 pay awards effective between 1 February and 30 April 2024, covering more than 1.3 million employees in total. It found that more than a quarter (28%) of pay awards were worth 6% or more, with some of the highest increases in excess of 9%.

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How Exos achieved lower burnout rates and better sales with a 4-day workweek

Employee Benefit News

Exos is treating employees how coaches treat athletes — balancing intervals of high-intensity performance with recovery.

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The DOL Retirement Security Final Rule: Highlights for Plan Sponsors

International Foundation of Employee Benefit Plans

On April 25, 2024, the Department of Labor (DOL) published the retirement security final rule defining fiduciary status for investment advice to retirement investors under the Employee Retirement Income Security Act (ERISA) and the Internal Revenue Code (IRC). It is set to […] The post The DOL Retirement Security Final Rule: Highlights for Plan Sponsors appeared first on Word on Benefits.

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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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Liberty Mutual's LGBTQ ERG celebrates 10 years of supporting inclusivity at work

Employee Benefit News

Professional development, cultural education and inclusive benefits are all part of the group's effort to create an ideal working environment.

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Ian Hodson: What role do employers have to play in helping employees work flexibly?

Employee Benefits

In reality, we have got to our new ways of working at an accelerated rate where the foundations of an operational infrastructure is being built for the ‘house’ that we are already living in. For me, the point to focus on is the aspect of flexibility as when we talk about whether individuals are working from home, hybrid or office based there is no right or wrong, it is really all about the preferences of the individual.

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A third of CFOs see US elections impacting business decisions, survey finds

Employee Benefit News

Economic insecurity is prompting a pause or permanent stop to investments and hiring for many financial leaders.

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L-Acoustics appoints new chief people officer

Employee Benefits

L-Acoustics, a manufacturer of loudspeakers, amplifiers, marketing materials and signal processing devices, has appointed Anne Hamlett chief people officer as part of its focus on its people-centric education and innovation culture. Hamlett will provide a people-focused contribution to key strategic topics at the C-level and directly lead three L-Acoustics divisions: people, legal, tax and compliance, and education and scientific outreach.

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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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Latest carpet tile and LVT collections from Interface explore crafted textiles and natural forms

Workplace Insight

Interface, Inc. the global flooring solutions company and leader in sustainability, has unveiled its latest global carpet tile and luxury vinyl tile (LVT) collections. The Etched & Threaded carpet tile and Earthen Forms LVT collections push the boundaries of design while continuing the company’s commitment to creating flooring solutions made for purpose and without compromise.

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Hachette UK and Ovo among The Times Top Employers for Gender Equality

Employee Benefits

Banking organisation Standard Chartered, energy supplier Ovo and publishing business Hachette UK have been named as some of The Times Top 50 Employers for Gender Equality 2024. Business in the Community has created the list for 14 years as part of its work to highlight employers taking action and making gender equality part of their business strategy.

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BHN Rewards

HR Lineup

BHN Rewards is a premier platform designed to transform the way businesses manage and distribute rewards. With a focus on flexibility, efficiency, and user satisfaction, BHN Rewards offers a comprehensive suite of tools and services that cater to various industries, including retail, corporate, healthcare, and more. By leveraging the latest technology and industry best practices, BHN Rewards ensures that your reward programs are not only effective but also engaging and motivating for your recipi

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Workers employed by Edinburgh Airport accept 6.8% pay increase

Employee Benefits

Credit: Serge Cornu / Shutterstock.com A total of 275 workers employed by Edinburgh Airport have accepted a 6.8% increase for their shift pay following negotiations. The employees, who are members of trade union Unite, deal directly with passengers in airport security, terminal operations, search areas and process them for flights, as well as carry out screening all deliveries and assisting with airside support services.

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The Diversity Reckoning: Can HR Survive Without New Perspectives?

Speaker: Jeremy York

2024 has tested every organization, and 2025 promises no less - the warning signs are everywhere. If you’re relying on superficial approaches to diversity, you might find yourself scrambling to catch up. Thought diversity - the fuel for new ideas, fresh perspectives, and disruptive innovation - is more than a buzzword. It's a survival strategy. And if you’re not building it into your workplace culture right now , you’re heading for trouble.