Thu.Dec 19, 2024

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The Benefits & Challenges of Recruiting for High-Net-Worth Individuals

HR Lineup

Recruiting for high-net-worth individuals (HNWIs) is a unique niche in the recruitment industry. It involves sourcing and hiring professionals for private households, businesses, or personal projects of affluent individuals. While this niche presents lucrative opportunities for recruiters, it also comes with its own set of challenges. In this article, well explore the benefits and challenges of recruiting for HNWIs, providing insights for recruiters navigating this specialized market.

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New Paid Family Leave Program Requirements in 2025

PayrollOrg

Effective January 1, 2025, employers in Delaware and Maine must begin making contributions to state paid family and medical leave programs. Employers in Maryland will have new contributions due in July.

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How to build a health plan that will survive 2025

Employee Benefit News

Experts from Nava Benefits and Garner Health break down how HR teams can tackle their health plan strategies in 2025.

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IRS Releases Forms W-4, W-4P, and W-4R for 2025

PayrollOrg

The IRS released the 2025 Forms W-4, W-4P, and W-4R.

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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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Wellhub study finds workers prefer a hybrid approach to wellness

Employee Benefit News

The results show that employees who used both digital and in-person wellness options had double the engagement rate.

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4 benefit trends employers should watch in 2025

Employee Benefit News

Experts from HUB International reveal their outlook for employee benefits in 2025, from healthcare to AI.

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How to combine employee retention bonuses with recognition for maximum impact

Achievers

Did you know that for entry-level positions, turnover costs range from 30% to 50% of the employees annual salary ? Or that for mid-level roles, its 125% to 150%, and for high-level or specialized positions, the cost soars to an eye-popping 400%? Beyond the financial hit, high attrition drains morale, disrupts workflows, and impacts overall productivity.

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Tax-favored FSA dollars can make the holiday season brighter

Employee Benefit News

The SVP of HR at Health-E Commerce shares FSA-eligible purchases that can help get people through the holidays healthy and happy.

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Strategies for effectively implementing pay for performance

Higginbotham

Pay for performance is a strategy that links employee pay to their results with the goal of motivating employees by rewarding high achievers. When considering or implementing a performance-based compensation strategy, its important to consider its benefits, disadvantages and best practices for implementation. What is pay for performance? The pay-for-performance model incentivizes employees by linking their total compensation directly to their performance outcomes.

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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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Lilly's US weight-loss drug shortage ends, curtailing copies

Employee Benefit News

The increase in brand name drug access means the compounding drug industry will stop selling its copycat versions within the next few months.

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The Importance of Teaching Financial Wellness in 2025

Flimp Communications

Will the global economy enter a recession in 2025, or are we out of the woods? Has inflation slowed stopped, even or will prices continue to climb? Is the economy good or bad? Who knows? We offer countless concrete, data-driven, and (we hope) reliable answers in this space. Still, were not about to wade into the many differences of opinion over the current and future state of the economy.

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5 post-open enrollment survey questions to ask your employees

WEX Inc.

Congratulations, benefits professionals! You’ve accomplished another year’s open enrollment! Whether you survived or thrived you have an opportunity to lead your organization’s benefit evaluation. It’s time to charge full speed ahead with your open enrollment aftermath strategy. By analyzing what went right, and what could be improved, you can help ensure an easier, more effective process for next year.

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Salesforce Is Hiring for Its AI Team—2,000 New Jobs on Offer

HR Digest

Dialing in to capitalize on the artificial intelligence revolution, Salesforce is hiring for its AI team in large numbers. The cloud software giant had expressed its plans to expand its AI workforce a month ago. but had indicated that it would hire around 1,000 new workers. However, now we see that Salesforce is expecting to create around 2,000 new roles to sell AI to its clients.

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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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Top 10 laws and regulations part 1

InterWest Insurance Services

With 2025 now upon us, so is a slew of new laws and regulations that will affect California businesses. Every year, laws passed by the state Legislature and signed into law by the governor take effect, and 2024 was a busy legislative session in Sacramento. The end result is another round of new legislation that California employers need to stay on top of.

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How to Control of Your Mind: 10 Tips to Master Your Thoughts

BetterUp

Jump to section What are unwanted thoughts? How to control your mind Why is it important to control your mind? What are the benefits of controlling your mind?

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Panduan Lengkap PPh 21 Terbaru 2024 dan Contoh Perhitungannya

Darwinbox

PPh Pasal 21 adalah pajak atas penghasilan yang diterima oleh individu, seperti gaji, tunjangan, atau penghasilan dari pekerjaan tertentu.

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2025 Biweekly Payroll Guide

BerniePortal

As we approach 2025, it's essential for HR professionals to plan for the upcoming year's payroll schedule. Understanding the number of pay periods and selecting the appropriate payroll frequency are crucial for budgeting, compliance, and employee satisfaction.

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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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14 Contoh Surat CV Tulis Tangan yang Lengkap untuk Berbagai Keperluan

Darwinbox

Selain itu, menulis daftar riwayat hidup secara manual menunjukkan komitmen dan perhatian terhadap detail, yang seringkali menjadi nilai tambah dalam dunia kerja.

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Down to the Wire: Will We Have HSA with Pre-Deductible Telehealth in 2025?

Proskauer's Employee Benefits & Executive Compensa

Important UpdatePre-Deductible Telehealth HSA Relief Ends on December 31, 2024 : As discussed in our post below, although extension of the telehealth safe harbor was included in various bill drafts, the year-end spending bill signed into law on December 21, 2024 (American Relief Act, 2025) does not include pre-deductible telehealth relief. This means that the telehealth services safe harbor will not be available for plan years starting on or after January 1, 2025.

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Top 5 Payroll Software in the Philippines 2025: A Comprehensive Guide

Darwinbox

The following are the top 5 payroll software platforms for 2025, each offering unique features tailored to meet the needs of Filipino businesses.

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Barbservations From a Free Dinner Seminar

Money Talk

Not a week goes by that I dont receive colorful tri-fold invitations to free meal seminars for investments and preplanned burials and cremations. Sometimes as many as five a week. Living in a 55+ community in a state (Florida) with many older adults undoubtedly makes me a target. Recently, some neighbors and I decided to attend an investment seminar, primarily to see the venue, which is a high-end private golf club in a gated community that is not generally open to the public.

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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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Public Holidays in Indonesia for 2025

Darwinbox

New Year's Day, Eid al-Fitr (Lebaran), Independence Day, Christmas, and other religious festivals like Nyepi and Waisak are major public holidays.

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Strategic Recognition- How Leaders Can Drive Business Outcomes Through Recognition

Vantage Circle

With Expert Inputs from : Saurabh Deshpande - People Culture Expert In the competitive arena of global leadership, the way we recognize achievements can make all the difference between ordinary outcomes and extraordinary successes. Strategic recognition isn’t just about celebrating victories; it’s about leveraging acknowledgment to fuel innovation, strengthen alliances, and drive sustainable growth.

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Top Five Risks for Fiduciaries in 2024

International Foundation of Employee Benefit Plans

The landscape of risks for employee benefit plan fiduciaries includes some fresh wrinkles on longstanding issues and some brand-new developments, such as last summers Supreme Court ruling overturning the Chevron doctrine. Attorney Todd Solomon, a partner at McDermott Will & Emery LLP […] The post Top Five Risks for Fiduciaries in 2024 appeared first on Word on Benefits.

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Who are you, Who, Who, Who, Who?

Florida Workers' Comp

The British rock sensation The Who recorded an inquisitive song Who Are You (Polydor 1978). It conveniently included the band name "who" about 150 times. The kids back then were enthralled with the hook that is the title of this post "Who are you, Who, Who, Who, Who?" As the song fades toward the final chorus, the inquiry becomes more pointed. That line was even more popular with the kids I knew, but I digress.

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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.