Mon.Aug 19, 2024

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5 Surprising Symptoms of Financial Stress (And 5 Helpful Solutions)

Best Money Moves

5 surprising symptoms of financial stress (and 5 helpful solutions). The effects of financial stress can be devastating to your workforce. Learn what to look out for and how you can make a difference. Employee financial stress has been in the spotlight throughout 2024 amid continued inflation and economic uncertainty. In a survey of 2,000 Americans, MarketWatch found that 88 percent of respondents reported feeling some form of financial strain and 65 percent felt that finances were the top sourc

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A brief history of the working week

Workplace Insight

There’s a lot to be said for not being slaves to the clock and the screen. Ironically, the way we measure time has its roots in a famous instance of daydreaming. The story goes that in 1583 a young student at the University of Pisa called Galileo Galilei was daydreaming in the pews while his fellow students were dutifully reciting their prayers. He noticed that one of the altar lamps was swaying back and forth and even as its energy dissipated, the arc of each swing slowed so that each took the

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Fleet cards offer more than just a fueling program

WEX Inc.

Owning and operating a fleet of vehicles is complex. From managing maintenance and repairs, to fuel management, to ensuring you have the parts and tools you need to keep your vehicles on the road, there’s a lot of oversight required. While the use of fleet cards can help you manage fuel spend, the best fleet card programs go beyond just fuel. Partnering with a fleet card company, like WEX, you’ll have the ability to expand your oversight and management beyond fuel.

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Poll: Do you offer financial advice as an employee benefit?

Employee Benefits

Take part in our latest readers’ poll on a current topical issue. Earlier this month, Employee Benefits reported that one in three (34%) UK organisations admitted they do not offer financial advice, according to new research by Close Brothers’ Workplace Financial Wellbeing Service. The findings revealed that this increases to 51% of employers with fewer than 500 employees.

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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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Make a Difference with Money Matters; Volunteer and Scholarship Opportunities Await

PayrollOrg

Money Matters is an annual program that, through the help of volunteers, teaches paycheck basics to young adults. Learn how to make an impact as a volunteer; also, apply now for a Money Matters Scholarship, open until September 30, 2024.

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Professionals reveal their favorite wellness benefits

Employee Benefit News

Four workers explain how employer-sponsored meditation apps, work flexibility and stipends boost personal health and job performance.

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How to Build an Employee Benefits Package 

Patriot Software

Don’t let your #1 candidate pick or top-tier employee be the one who got away. Whether it’s an employer’s or employee’s market, the job market for top talent is competitive. You need a robust employee benefits package to attract and retain talent. Offering a small business benefits package starts with building one out.

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A declaration for 'independents': Let them save!

Employee Benefit News

The growing popularity of "gig" work has benefits professionals wondering how they can ensure independent workers have opportunities to access retirement savings.

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Respect in the workplace: Tips for leaders and employees

Business Management Daily

What does the word respect mean? Look it up on the Internet, and you will generate definitions such as “due regard for the feelings, wishes, rights, or traditions of others,” “recognizing the worth of a person or thing, “ and “treating everyone with dignity, appreciation, and fairness.” A particularly significant way to grasp the meaning is to think about how you would help a child understand the concept.

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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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Expectation of job loss at record high in NY Fed survey

Employee Benefit News

Some workers are uncertain about the short-term future with their current employer, but many see hope for a new job soon.

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Digital Science appoints new chief people officer

Employee Benefits

Digital Science, a technology firm in the research ecosystem sector, has appointed human resources leader and author Claire Fox to the role of chief people officer. Based in London, Fox will join the Digital Science executive team. She has more than 20 years’ HR experience, initially in national, European and global HR leadership roles in the fast-moving consumer goods sector at Unilever.

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How Canva's 'Skills Passport' initiative is supporting internal mobility

Employee Benefit News

Canva forgoes looking for degrees from elite universities and instead focuses on a candidate's abilities during its hiring process.

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Nigel Peaple: What does the new government’s reform agenda mean for UK pension schemes?

Employee Benefits

The government’s pensions reform agenda could reshape the rewards and benefits landscape, presenting both opportunities and challenges for employers. So, what could this mean for the UK workforce? The newly announced pensions review presents an opportunity to improve pension adequacy. Likely to be considered during 2025, employers might be asked to increase minimum automatic enrolment (AE) contributions from the current level of 3%.

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HR’s Blueprint for a Successful 2025

The HR industry is changing. Did you know… 1. There will be 4M more jobs than workers by 2033 ( BLS ). 2. For 84% of workers, flexibility is a top priority ( FlexJobs ). 3. 75% of employees have used AI at work ( CFO.com ). It’s time to meet the moment! Use Paycor’s guide to design a blueprint for success.

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Say Goodbye to Tedious Attendance Tracking: Introducing Bayzat’s Seamless Time-Tracking Solution

Bayzat

Are you weary from the burdensome manual process of tracking attendance? Imagine how you could utilize the time saved by adopting a more streamlined system. Manual tracking is not only labor-intensive; it’s also prone to human error, complicating essential tasks such as payroll processing and regulatory compliance. HR professionals require an efficient, accurate system to record working hours.

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Chancellor launches pensions system review

Employee Benefits

Chancellor of the exchequer Rachel Reeves has launched a review to boost investment, increase saver returns and tackle waste in the pensions system. The review will be led by minister for pensions Emma Reynolds and will focus on defined contribution workplace schemes and the Local Government Pension Scheme (LGPS). It will look at how tackling fragmentation and inefficiency can unlock the investment potential of the £360 billion LGPS in England and Wales, which manages the savings of those workin

Pension 59
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5 Surprising Symptoms of Financial Stress (And 5 Helpful Solutions)

Best Money Moves

5 surprising symptoms of financial stress (and 5 helpful solutions). The effects of financial stress can be devastating to your workforce. Learn what to look out for and how you can make a difference. Employee financial stress has been in the spotlight throughout 2024 amid continued inflation and economic uncertainty. In a survey of 2,000 Americans, MarketWatch found that 88 percent of respondents reported feeling some form of financial strain and 65 percent felt that finances were the top sourc

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Macmillan Cancer Support completes £33.7 million pension bulk annuity deal

Employee Benefits

Credit: Serge Cornu / Shutterstock.com Charity Macmillan Cancer Support has completed a £33.7 million bulk annuity deal for its pension scheme. The full scheme buy-in with Aviva will secure the scheme’s retirees and deferred members’ benefits. The defined benefit (DB) scheme is maintained by Macmillan, under the stewardship of a board of trustees. It closed to new members in 2005 and to all new monetary contributions in 2010.

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7 Common ACA Compliance Pitfalls and How to Avoid Them

Managing ACA compliance is a major headache, especially in industries with complex schedules and regulations. Errors can lead to fines, legal battles, and strained employee relationships. Ways to Avoid Penalties & Fines: Non-compliance with Hours of Service (HOS) or misclassifying employees can lead to fines and legal issues. We offer tools to avoid these penalties and ensure regulatory alignment.

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Virginia Court of Appeals Affirms Res Judicata Bar in Mileage Reimbursement Dispute

The Workcomp Writer

In a decision that emphasizes the binding nature of unappealed workers’ compensation commission or board rulings, the Court of Appeals of Virginia recently affirmed the state Commission’s application of res judicata in a dispute over mileage reimbursement for medical treatment [ Edelblute’s Service Center v. Edelblute , 2024 Va. App. LEXIS 469 (Aug. 13, 2024)].

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Behavioral Perspective Psychology And Real-World Applications

BetterUp

Jump to section What is the behavioral perspective?

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Cyber Rates Ebb, Insurers Add More Exclusions

InterWest Insurance Services

Even while cyberattacks increase, the cost of cyber insurance has been dropping thanks to businesses implementing better controls to thwart such activity and reduce their losses if they become victims of a malicious attack, according to a new report. Rates fell an average of 17% last year after surging in 2021 and 2022 as the COVID-19 pandemic spurred cyber criminals to ramp up attacks, according to insurance group Howden’s 2024 cyber report.