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Remember when companies thought they could get away by offering a basic health plan and call it a day when it came to employee benefits. But not anymore! The modern workforce wants more. They want flexibility, purpose, financial wellness, and a workplace that values them beyond the 9-to-5 grind. Companies that think free snacks and a 401(k) match are enough?
Farm operators rely on experienced workers to handle grain trucks, tanker trucks, worker transport buses and vital machinery like combines, pesticide sprayers and planters. But an ongoing labor shortage is increasing risks, as less-experienced workers are stepping into these critical roles. The American Trucking Associations warns that a nationwide trucking shortage could exceed 169,000 drivers by 2030.
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?
If youve ever felt overwhelmed trying to understand your benefits specifically your health insurance, youre not alone. Between the acronyms, the fine print, and the seemingly endless rules, navigating health coverage can feel like a full-time job. But beneath the complexity lies an important truth: many of these layers exist to protect you the employer and the consumer and to keep the system fair and accountable.
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Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
Crafting an effective job description is a crucial step in attracting the right talent for your organization. With the right approach, you can create clear, concise job descriptions that engage qualified candidates and set clear expectations from the start. Analyze the Job A well-written job description begins with a thorough job analysis to accurately reflect the positions duties and responsibilities.
Happily, 2024 clocked a five-year high in the United States for new vehicle sales, reaching 15.9 million vehicles sold overall. With that many vehicles sold, the health of the tire market is likely strong as well, and tire sales impact the trucking economy. The value of the tire market alone is expected to experience a 6.50% compound annual growth rate (CAGR), with the commercial fleet segment expected to have the highest CAGR.
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.
Gift cards for employees are a powerful tool for recognition, playing a key role in boosting workplace engagement, satisfaction, and retention. A Gallup study found that well-recognized employees were 45% less likely to leave within two years, and the Great Place to Work Trust Index survey identified recognition as the top driver of great performance.
International Foundation of Employee Benefit Plans
MARCH 25, 2025
The overall health of multiemployer defined benefit (DB) retirement plans improved from 2020 to 2021. The average multiemployer DB plan net investment return for 2021 was 14.5%, up from 2020 (11.4%), according toThe Multiemployer Retirement Plan Landscape: A 15-Year Look (2007-2021) recently […] The post The Multiemployer Retirement Plan Landscape Report: DB Key Findings appeared first on Word on Benefits.
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.
In todays fast-paced world, staying ahead of the competition is crucial for any business. And if you’re an HR professional, you know that managing employees, tasks, and data effectively can be a challenge. But what if theres a tool that could simplify these tasks, boost efficiency, and save you a ton of time? That’s where HR software comes in.
Internship programs are a win-win for businesses and educational institutions. For companies, they bring fresh perspectives, enthusiasm and the chance to develop a talent pipeline. For students, internships offer hands-on experience, professional connections and a glimpse into their potential career paths. However, starting an internship program isnt just about hiring a few students for the summer.
Around 50% of healthcare workers reported feeling burned out in 2023. This shows that the levels of burnout in this particular industry are at critical levels. And it's not only burnout, 80% of healthcare professionals quit primarily because they don't feel appreciated. Based on the available data, you can now see how burnout is inevitably related to appreciation.
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.
Low back pain is a global issue causing pain, disability, and economic burden. Its a leading cause of missed work and decreased productivity. Non-surgical and non-interventional treatments are the first line of treatment for low back pain. But which ones really work? What the Research Says A recent systematic review and meta-analysis published in the BMJ Evidence-Based Medicine journal aimed to evaluate the effectiveness of non-surgical, non-interventional treatments for low back pain compared t
In the fast-paced world of fleet management, having reliable customer support can make all the difference between smooth operations and costly setbacks. At WEX, we understand the critical role that comprehensive support plays in ensuring your fleet runs efficiently day in and day out. Lets delve deeper into how user-friendly and self-managed telematics systems are even stronger when backed with the right support systems.
In todays dynamic job market, remote work has rapidly emerged as a viable, and in many cases, preferred option for professionals worldwide. While the promise of flexibility and reduced commute time is enticing, remote work also brings its own set of challenges. It’s important to have an understanding of both the pros and cons of accepting a remote based position, as it will effect the routines and actions of your daily life.
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!
After a sometimes brutal winter, springs warmer weather comes as a welcome relief except for what it does to the road. April is prime pothole season, and every vehicle on the road is susceptible to damage from hitting a pothole. Learn more by downloading this cool infographic Download this infographic for 7 tips to survive pothole season! Learn more While a pothole can form at any time of the year, they really spring up after winter.
SD Worx, a leading European provider of HR and payroll solutions, has expanded its Human Capital Management (HCM) suite in Germany with the introduction of continuous payroll technology. This marks a significant advancement in payroll processing for small and medium-sized businesses, offering real-time calculations and enhanced automation through SD Worx Buddy, a cloud-based SaaS platform.
For many companies, leave administration remains an operational headacheespecially in complex environments like higher education and healthcare. Relying on spreadsheets and manual tracking creates inefficiencies, disrupts employee coverage, and burdens HR and accounting teams with tedious, time-intensive tasks. But what if leave management could be seamless, automated, and strategic?
Boss Design, one of the UK’s most prominent designers of office furniture has announced its acquisition by Japan’s largest manufacturer Okamura. This acquisition fits with Okamuras stated strategy to enhance its overseas business with Boss Designs strong presence in the European and US markets, and extensive portfolio of products making it an attractive proposition.
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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