Darwinbox

AUGUST 7, 2024

Data, the gold of the 21st century IBM’s Cost of a Data Breach Report 2023 highlights that the average cost of a data breach soared to USD 4.45 million in 2023. The costs of data breaches vary across industries and countries. Some are more prone to data and cyber threats than others; the earlier quoted IBM research identified the US as the country with the highest cost of data breaches, with losses totalling USD 9.48 million in 2023.

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Employee Benefit News

AUGUST 7, 2024

Tanner Brunsdale from Lyft shares his experience both as a father utilizing non-traditional family building benefits and as an executive working to make those same benefits equitable and accessible to all.

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Utilities Employee Benefits 101

BetterUp

AUGUST 7, 2024

Have you ever wondered why the president is allowed to live in the White House? Or why does your manager have the right to assign tasks to you? These are both examples of legitimate power. In both instances, their power comes from their position.

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Employee Benefit News

AUGUST 7, 2024

Quantum Health and Carrum Health are working together to improve health outcomes while reducing unnecessary costs.

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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

Retirement Plan

PayrollOrg

AUGUST 7, 2024

PayrollOrg’s most recent “PayTalk” Podcast® episode, released August 2, provides insight on how (and why) it’s important to challenge yourself through certification, and how doing so builds confidence and shows credibility and mastery in your career. Be sure to subscribe to “PayTalk” on your favorite podcast app so you don’t miss a single episode.

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Darwinbox

AUGUST 7, 2024

I. Introduction In the digital era, the effectiveness of an organization is closely tied to the efficiency of its HR management. Businesses are increasingly using advanced technology to streamline their HR operations. At the forefront of this transformation is Human Resource Management Systems (HRMS) leading the way. An HRMS is more than just an automation tool; it is an asset that helps the HR department align with broader business goals, boosting productivity and promoting a culture of engagem

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International Foundation of Employee Benefit Plans

AUGUST 7, 2024

According to Employee Benefits Survey: 2024 Results, to be released the end of August 2024, 42% of U.S. organizations currently offer fertility benefits (an increase from 40% in 2022). While fertility benefit offerings are more prevalent, there are varied reasons plan participants […] The post Inclusive Family-Forming Benefits: Definition of Infertility appeared first on Word on Benefits.

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Employee Benefits 91

HR Lineup

AUGUST 7, 2024

In today’s fast-paced and dynamic work environment, organizations need to stay on top of their employees’ skills and development to maintain a competitive edge. Skills tracking and management software plays a crucial role in identifying skills gaps, planning training programs, and ensuring employees are well-equipped to meet the demands of their roles.

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Employee Benefit News

AUGUST 7, 2024

A supportive workplace significantly boosts productivity, reduces turnover rates, and fosters a culture of trust and inclusivity.

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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.

Darwinbox

AUGUST 7, 2024

I. Introduction to UAE Employment Law The UAE's new labor legislation, implemented in February 2022, makes significant modifications to the preceding Federal legislation No. 8 of 1980. This significant update intends to address the evolving needs of the modern workforce and the economic environment of the UAE, specifically focusing on private sector companies incorporated on the mainland.

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Employee Benefit News

AUGUST 7, 2024

Even project managers and educators could benefit from better understanding of the subject, according to an expert.

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Education Management Employee Retention Technology 104

PeopleKeep

AUGUST 7, 2024

Health reimbursement arrangements (HRAs) are flexible and personalized health benefits that employers offer their employees to cover the cost of health insurance premiums and out-of-pocket medical expenses. HRAs are popular because they give employees more control over their healthcare decisions and help employers save money compared to group coverage.

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Workplace Insight

AUGUST 7, 2024

Women have much more difficulty separating their working lives and their family lives when they work from home, than men do, according to new research from Durham University Business School. Remote work has often been lauded as a potential solution to gender inequality, given its flexibility, however these findings showcase that personal circumstances still have an effect on women’s careers.

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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.

Employee Benefits

AUGUST 7, 2024

Credit: Hyejin Kang/Shutterstock Need to know: Employers should start planning now for the P11D changes to the reporting and paying of tax and Class 1A national insurance contributions (NICs) on benefits in kind, to ensure a smooth transition to the new system in April 2026. Potential employer costs relating to the changes include updating existing payroll systems to ensure a smooth integration with HM Revenue and Customs and other financial systems, and training or educating staff in the new sy

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WEX Inc.

AUGUST 7, 2024

Virtual cards are becoming increasingly popular for businesses of all sizes. They offer a secure and convenient way to make payments to suppliers, but did you know they can also help you save money on payment processing costs? How virtual card rebates work Virtual cards work by generating a unique set of numbers for each transaction. These numbers are linked to a specific spending limit and can only be used once.

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Employee Benefits

AUGUST 7, 2024

It is no surprise the government is mandating the payrolling of benefits in kind (BIK) and expenses, with paper P11D submissions being abolished in April 2023. However, mandating payrolling of BIKs was introduced by a previous government; will Labour agree and pursue an implementation date of April 2026? Employers need to communicate with their employees that pay-as-you-earn (PAYE) income tax will be collected on benefits once payrolling is mandated.

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Employment Payroll Software Payroll Taxes 59

Higginbotham

AUGUST 7, 2024

Instrumental leadership is a strategic, task-oriented approach that can help enhance a team’s efficiency by emphasizing clear goals and the achievement of tasks. Leaders who apply this style have the ability to shape their teams with precision, driving productivity and aligning individual and team objectives with the organization’s broader goals. Understanding Instrumental Leadership Instrumental leadership, also known as task leadership, prioritizes the accomplishment of tasks within establishe

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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

Employee Wellness

Employee Benefits

AUGUST 7, 2024

Ireland has introduced the right to five days of paid domestic violence leave annually, to help those affected by abuse access the medical visits, legal advice and counselling they may need. It is unusual for Ireland to lead the UK on employment law, but the UK government has since confirmed it will not follow. It believes existing rights, such as annual leave, emergency time off for dependants and flexible working, are sufficient.

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PeopleKeep

AUGUST 7, 2024

It's essential to recognize the value of offering dental insurance to your employees. Following health benefits, it's the most desired employee benefit you can offer. According to our 2024 Employee Benefits Survey, 91% of employees rated dental insurance as important. As a key component of a comprehensive benefits package, dental insurance contributes to the long-term health and happiness of your team members.

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Employee Benefits

AUGUST 7, 2024

Credit: Pabkov / Shutterstock.com Around 400 Wilson James passenger assistance and 170 ICTS baggage screening workers based at Gatwick Airport have voted for improved pay offers. The Wilson James employees voted in favour of a pay offer worth 10.5%, while the ICTS staff accepted an 11% deal. According to Unite, which represents both sets of workers, they earn just above the minimum wage.

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Employee Benefits Employment IT 59

HR Digest

AUGUST 7, 2024

Job cuts at Dell Technologies Inc. are moving forward and the company’s sales team has taken the biggest hit. The company is becoming “leaner,” which means that Dell’s workforce reduction plans are going to affect a significant number of employees. Some sources have put the Dell layoff numbers to be as high as 12,500 employees but that detail has not been confirmed by the company.

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Advertiser: Paycor

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!

Employment

Employee Benefits

AUGUST 7, 2024

Facilities and property management, catering and food services firm Sodexo UK and Ireland has received menopause-friendly accreditation in recognition of its efforts to foster an inclusive culture. Established by Henpicked: Menopause in the Workplace, the accreditation is awarded to employers who present high standards and proven practices that support the menopause.

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Food Education Employee Benefits Employment 59

BetterUp

AUGUST 7, 2024

Jump to section How to close a cover letter the right way Examples of cover letter closings for every occasion 5 dynamic cover letter closing examples Where should you include your contact information?

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Employee Benefits

AUGUST 7, 2024

The Health Food Manufacturers’ Association (HFMA), which represents manufacturers and suppliers of natural health products, has become accredited as a living wage employer. As part of the commitment, every HFMA employee will receive a minimum hourly wage of £13.15 per hour, which is the real living wage rate for those based in London. This is higher than the current government minimum wage for workers over the age of 21, which is £11.44.

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Business Management Daily

AUGUST 7, 2024

By Paul Falcone Congratulations on becoming a people manager. Now comes the challenge of transitioning from individual contributor to manager. As you continue your leadership journey, watch out for one behavior that can hold you back from success: control. When transitioning to a leadership role, it’s natural to want to gain control of your team’s work.

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Consulting Management IT 52

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.

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