Money Talk

MARCH 7, 2024

Financial shocks are events that result in unexpected expenses and they are especially challenging for individuals and households with limited resources and tight budgets. Examples of financial shocks are plentiful and include the following: ¨ Big spikes in expenses due to inflation (e.g., childcare, food, insurance, rent, utilities) ¨ Car accidents ¨ Disability ¨ Divorce ¨ Large home repairs (e.g., roof, furnace) ¨ Large out-of-pocket medical or dental bills ¨ Loss of a job ¨ property damage du

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Workplace Insight

MARCH 7, 2024

One of the UK’s greatest ever athletes and now a corporate wellbeing consultant and speaker , Sally Gunnell discusses with Kate Usher the challenges faced by women in the second half of their lives, in the latest Workplace Insight podcast. Sally is the only female British athlete ever to hold the Olympic, World, European and Commonwealth titles for 400m Hurdles.

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Employee Benefits

MARCH 7, 2024

Image credit: photocosmos1 / Shutterstock.com Chancellor of the Exchequer, Jeremy Hunt (pictured), delivered his Spring Budget speech in the House of Commons on Wednesday 6 March. Below is a summary of the key announcements that could affect employers’ pay , pensions and benefits strategies: Spring Budget 2024: National insurance contribution (NIC) rate cut to 8% Spring Budget 2024: DC pensions required to disclose investment in UK equities Spring Budget 2024: TPR and FCA given powers to

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Pension Employee Benefits Government Insurance 105

McDermott Will & Emery Employee Benefits

MARCH 7, 2024

On January 9, 2024, the Centers for Medicare and Medicaid Services (CMS) approved the New York State (NY) 1115 Medicaid waiver “Medicaid Redesign Team” (MRT). The MRT is a long-standing waiver in NY that has continuously evolved to improve the administration, structure and financing of the NY Medicaid program; enhance Medicaid beneficiaries’ access to services; […] The post CMS Approves New York 1115 Medicaid Redesign Waiver appeared first on EMPLOYEE BENEFITS BLOG.

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Finance Employee Benefits Health and Welfare 105

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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

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Insperity

MARCH 7, 2024

Diversity, Equity, and Inclusion (DEI) have transitioned from being programmatic solutions to essential components of a solid people strategy. Today, companies understand that fostering a diverse and inclusive workplace isn’t just a checkbox for public relations purposes; it is also smart for business. But how do you know if your DEI strategy is making a difference in your organization?

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International Foundation of Employee Benefit Plans

MARCH 7, 2024

Lawmakers, employers, consumer groups and other stakeholders have called for more transparency from pharmacy benefit managers (PBMs). Lack of transparency enables PBMs to engage in the practice of spread pricing where PBMs charge health plans more than they pay pharmacies for the […] The post Prescription Drug Plans: Spread Pricing Explainer appeared first on Word on Benefits.

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Employee Benefit News

MARCH 7, 2024

Jennifer Mahone Rightler, founder and CEO of Elements2Inclusion, explains how mini sabbaticals can refresh and re-engage their workforce.

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PTO Employee Benefits 103

Patriot Software

MARCH 7, 2024

You’re ready for some help around your business. Should you hire a W-2 employee or a 1099 contractor? The choice might not be yours. There are key differences between a W-2 employee vs. a 1099 contractor that you must understand to stay legally compliant.

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Payroll 87

InterWest Insurance Services

MARCH 7, 2024

If you have staff with health savings accounts, they still have until April 15 to make additional contributions to their accounts if they want to reduce their tax bills for last year. HSAs allow your employees to put away funds to pay for future medical expenses. Usually, these accounts are funded with pre-tax deductions from your employees’ paychecks, but if they didn’t max out their contributions last year, they still can do so up until the tax-filing deadline.

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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.

PayrollOrg

MARCH 7, 2024

The extra day in 2024 could cause an extra payday for some employers.

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Employment 104

Employee Benefit News

MARCH 7, 2024

Resume Now ranked some of the things employees would have done differently in their professional lives.

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Employee Benefits

MARCH 7, 2024

Lloyds Banking Group has named Rachel Osikoya director of diversity, equity and inclusion (DE&I). With more than 20 years’ experience in culture, diversity and inclusion, Osikoya will be responsible for driving the group’s strategic DE&I agenda and will build a multi-year plan to further embed DE&I for employees, customers and communities.

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Banking Employee Benefits IT 69

Employee Benefit News

MARCH 7, 2024

The governor's signed legislation temporarily protects providers and allows the continuation of in-vitro treatments.

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Employee Benefits Healthcare 80

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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

MARCH 7, 2024

Gaming and betting firm 888 William Hill has introduced wellbeing support for its 11,000 employees globally. Through the scheme, which is provided by Wellness Cloud, 888 William Hill employees will be able to access the Wellness Cloud hub, which includes more than 100 live talks and events each year on a range of topics related to wellbeing and health , and a library of on-demand content and resources available on both desktop and a mobile app, such as expert guides, podcasts, question and answe

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Consulting Employee Benefits IT Healthcare 69

Workplace Insight

MARCH 7, 2024

To coincide with International Women’s Day, a UNESCO study revealed worrying tendencies in Large Language models (LLM) to produce gender bias, as well as homophobia and racial stereotyping. Women were described as working in domestic roles far more often than men – four times as often by one model – and were frequently associated with words like “home”, “family” and “children”, while male names were linked to “business”, “executive”, “salary”, and “career”.

Engineering 59

Engineering Banking Finance Government 59

Employee Benefits

MARCH 7, 2024

John Lewis Partnership and the Co-op are to increase their minimum pay rates for 2024. The Co-op has reaffirmed its commitment to paying the real living wage as recommended by the Living Wage Foundation, increasing its minimum hourly wage from £10.90 to £12, or from £12.25 to £13.15 in London. Team leaders will also receive a 10.1% increase from £12.10 to £13.32 per hour.

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Retail Food Employee Benefits Management 59

Workplace Insight

MARCH 7, 2024

Yesterday’s Spring Budget included a number of announcements that affect the various people, place and technology professions in the UK. These include a cut in National Insurance, pension fund reforms, support for working parents, AI, helping people back in to work and more. You can see the Government’s own summary here. The various industry sectors have been quick to respond to the announcements.

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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

MARCH 7, 2024

Bakery chain Greggs is to share a £17.6 million bonus among some of its employees after posting a record annual profit. In a webcast detailing the business’ latest results, chief executive Roisin Currie explained that Greggs will continue to share 10% of its profits with team members with at least six months of service as part of its profit share agreement.

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Employee Benefit News

MARCH 7, 2024

While the majority of men believe salary is equal at their workplace, just 23% of women feel the same.

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Professionals Alternative

MARCH 7, 2024

[link] The Key to Success: Recruiting the Best Mortgage Talent in the Real Estate Industry ‍ Image Source: Unsplash The importance of recruiting the best mortgage talent in the real estate industry Recruiting the best mortgage talent is crucial for success in the real estate industry. As the mortgage industry continues to evolve and become more competitive, companies must ensure they have a team of skilled professionals who can navigate the intricacies of the market.

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Employee Benefit News

MARCH 7, 2024

Karla Wagner shares her experience as a leader of color as diversity efforts face criticism across several industries.

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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

HR Digest

MARCH 7, 2024

Establishing policies on how to prevent data theft by employees has never been more important than it is now considering the increasing number of ways for employees to access and use data. An ex-employee from Google, Linwei Ding, was recently indicted for the theft of trade secrets from Google. The Chinese national was accused of stealing data related to Google’s AI trade secrets to share with two PRC-Based technology companies and the Justice Department saw this as a blatant theft of advanced t

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Technology Electronics Engineering Software 52

BetterUp

MARCH 7, 2024

Jump to section What is a self-fulfilling prophecy?

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Employee Benefit News

MARCH 7, 2024

With increased diagnoses and a medication shortage, employers can play an important role in supporting those with the condition.

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Medical Employment Employee Benefits Management 66

Empuls

MARCH 7, 2024

In the bustling world of creativity and aesthetics, designers are the unsung heroes who weave magic into our surroundings. Whether it's interior designers, graphic designers, or fashion designers, their expertise transforms ideas into tangible beauty. Behind every remarkable design, there lies an innovative mind, a skilled hand, and a heart brimming with passion.

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Health IT 40

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.

IT