Thu.Aug 08, 2024

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Things to Learn From a Tax Return

Money Talk

With less than five months remaining in 2024, now is the time to begin serious tax planning for your 2024 income tax return. I recently attended a webinar with some tips for financial advisors about reviewing clients’ tax returns. The advice also applies to taxpayers themselves. Below are my take-aways from this presentation: Review a Draft Return- It is wise to review a draft of your annual tax return before it is submitted.

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Identify Skill Gaps so You Can Get Working on Upskilling Your Employees

HR Digest

The quest to identify skill gaps among workers is a constant endeavor with no end date, but that’s what it means to grow a workforce. Employees are hired with an armory of skill sets that match what an organization is looking for, but as the role evolves, the employee is expected to grow as well. This is easier to do in some roles, where the work done introduces the necessary skills to the employee, but in most cases, additional training is required to help the employee improve.

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Employees need more than GLP-1s to manage their weight

Employee Benefit News

After surveying over 700 employees, Wondr Health found that employees are thinking more holistically about weight loss than employers think.

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#HRTechChat: What Companies Get Wrong About Selection with Barry Conchie and Sarah Dalton

3Sixty Insights

With consistent churn in leadership roles at all organization levels, we have to step back and ask the question: What are we missing in our selection process? How do we continually make poor selection decisions? And why aren’t we doing better? Let us start with how we can get caught in the “likeability trap.” Barry Conchie and Sarah Dalton, in The Five Talents that Really Matter, found that likeability factors have a significant impact on how a candidate is perceived.

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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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On site spa and laundry room at work? 20 of the most unusual employee benefits

Employee Benefit News

Employers are desperate to keep talent, and they're willing to go to unconventional lengths to prove it.

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Want better performance? Give your employees a break

Employee Benefit News

Even small moments of rest can improve well-being.

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37% of UK workers want one-off payment to help with cost of living

Employee Benefits

More than one-third (37%) of UK workers would opt for a one-off payment to help with the cost of living , higher than the global average of 27%, according to research by Always Designing for People (ADR). As part of its latest study People at work 2024: a global workforce view , it surveyed more than 34,000 workers across 18 countries, and found that a one-off payment is more popular among female respondents (42%) than males (33%).

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Are the 2024 elections to blame for the current labor market?

Employee Benefit News

A recruiting expert shares how the current political landscape is affecting hiring and tips for applicants struggling to find jobs.

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5 Payroll Features and Benefits to Consider When Shopping for Software 

Patriot Software

When you have employees, you need to pay them. Instead of manually calculating gross pay, payroll taxes and deductions, and net pay, you might opt for payroll software. With the right software, you can run payroll in minutes—not hours—each pay period.

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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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Layoffs are a last resort looming for more US companies

Employee Benefit News

The Federal Reserve's ability to avert a downturn rests in part on just how long a post-pandemic irregularity can continue: labor hoarding.

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Antithetical Ex Parte

Florida Workers' Comp

French philosopher and author Albert Camus once noted "Integrity has no need of rules." He also noted that "A man without ethics is a wild beast loosed upon this world." And yet, man is an imperfection. Integrity alone is insufficient for some, and to prevent the loosing of a beast rules have come to the fore. The judicial role involves a handful of challenges and seeks various attributes.

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Boomerang employees: Is rehiring right for your company?

Business Management Daily

What is a boomerang employee? Just like the name sounds, boomerang employees are employees who return after leaving a company. While the reasons behind their departure in the first place vary considerably, these former employees share a standard bottom line – they want to come back. The question becomes whether rehiring is in the organization’s best interest.

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Rawle Gammon and Baker completes £23m full pension buy-in

Employee Benefits

Building materials supplier Rawle Gammon and Baker has completed a £23 million full buy-in for its pension scheme, sponsored by commercial property sector business FTI Property. The transaction with K3 Advisory and Just Group secures the benefits of 113 deferred members and 154 pensioners. It was supported by K3’s strategic partner, In-Vest and Retire, which is investment advisor for the trustees, and WPS Trustee governance services.

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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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57 Examples Of Words Of Encouragement To Share With Others

BetterUp

Jump to section Offering words of encouragement to the people in your life 50+ inspirational quotes to encourage everyone in your life 10 famous quotes for offering encouragement through hard times 10 tips for offering words of encouragement for hard times Get support and encouragement with BetterUp

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FCA, DWP and regulator consult on DC pensions joint framework

Employee Benefits

The Financial Conduct Authority (FCA), the Department for Work and Pensions (DWP) and the Pensions Regulator (TPR) have launched a consultation on a joint framework for workplace defined contribution (DC) schemes. The proposed framework has been designed to move the focus from costs to long-term value and deliver better retirement savings. It is intended for use by pension providers and those making decisions on behalf of savers and aims to provide more transparency about schemes’ performance.

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‘Nuclear’ Jury Verdicts Should Be on Every Insurance Broker’s Radar

InterWest Insurance Services

The size of jury awards has been exploding in the last few years, and they are often exceeding the limits that businesses have on their liability policies, which could leave them paying out of pocket. Besides creating problems for those businesses, it could also be problematic for their insurance brokers if they are accused of providing poor advice on coverage limits, according to a recent blog on MarshBerry.

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Regs, Regs and More Regs: The Biden Administration Releases Spring 2024 Unified Agenda

McDermott Will & Emery Employee Benefits

The Biden administration recently released its Spring 2024 Unified Agenda (a few months late), which lists all the regulations that the administration plans to issue by the end of the year and beyond.

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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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Tackling Teacher Burnout

Employee Benefits

When does teacher burnout occur, and how can employers and education leaders help prevent it? In this blog, Pluxee UK explores the increasing issue of teacher burnout, its causes, and effective strategies for managing and reducing excess stress. With examples shared during their podcast series, Putting the X in Success, Pluxee UK illustrates the positive impact of proactive measures to enhance mental resilience.