Fri.Oct 04, 2024

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Financial Transitions in Later Life

Money Talk

I recently presented a webinar for financial practitioners called Important Financial Transitions in Later Life. Based on content of my book , Flipping a Switch , “flipped switches” are a metaphor for later life transitions. Below is a brief summary of 11 financial transitions: Spending Down Retirement Savings - It can be difficult psychologically for “super savers” to spend down accumulated wealth because it feels like a loss.

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Council Guest Post: What if You Use AI to Help You (And Not the Other Way Around)

3Sixty Insights

A guide for the savvy and smart individuals who want to leverage the power of artificial intelligence without losing their mind. Introduction If you’re reading this, chances are you’ve heard of artificial intelligence (AI) or have at least tried using it. You know, the technology that can do amazing things like write code, chat with you, or even beat you at chess.

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Crafting Joy for Workers, Hobby Lobby Announces a Wage Hike

HR Digest

It’s a good day to be a Hobby Lobby employee and wake up to the news of another wage hike. The arts and crafts supply store recently announced that it has increased the starting wages for its employees again, making this the thirteenth increment since 2009. Hobby Lobby’s 2024 pay hike went into effect on October 1, 2024, so employees who apply to the company now should be able to benefit from the change.

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From culture to career development, employees need support

Employee Benefit News

Organizations that work to connect, coach and offer opportunities to enhance tech skills are setting themselves apart.

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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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IRS Issues Federal ‘High-Low’ Per Diem Rates Effective October 1

PayrollOrg

The IRS released the optional “high-low” per diem rates for lodging expenses and meals and incidental expenses (M&IE) that may be used instead of the actual rates.

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Massachusetts Tax Amesty Begins November 1

PayrollOrg

The Massachusetts Department of Revenue will conduct a tax amnesty program from November 1, 2024, through December 30, 2024. The program includes withholding taxes.

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Meta unveils a new AI video generator that could take on OpenAI and Google

Employee Benefit News

The new artificial intelligence tool that can generate or edit videos based on a simple text prompt.

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Who is Eligible for the Individual Coverage HRA (ICHRA)?

PeopleKeep

Group health insurance remains a popular employer-sponsored benefit in the United States. But traditional group health plans are too costly for many employers. Plus the one-size-fits-all nature of these policies may not meet every employee’s needs. That’s why more employers are turning to personalized benefits like health reimbursement arrangements (HRAs), which offer employers more budget control and employees more flexibility over their medical care.

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The Importance of Performance Management in a Remote Work Environment

Qandle

The global shift towards remote work has transformed the modern workplace, offering flexibility and convenience to both employees and employers. However, with these advantages comes a new set of challenges, particularly in managing employee performance effectively. Performance management plays an essential role in ensuring that employees remain productive, engaged, and aligned with company goals—whether they work in the office or remotely.

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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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How To Deal With (And Move On From) A Friendship Breakup

BetterUp

Jump to section The heartbreak of a friendship breakup How to get over a friendship breakup How to break up with a friend Is it normal to have friendship breakups?

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Patience and Persistence: Keys to a Successful Job Search

JGA Recruitment

The job search journey is often more of a marathon than a sprint. Snagging that perfect opportunity often demands lots of patience & persistence, and while it’s easy to feel discouraged when offers don’t immediately roll in, it’s crucial to remember that landing the perfect job takes time. You can lean on a healthy dose of optimism to propel you forward when the road ahead seems uncertain.

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10 Topics for Employee SMS Campaigns

Flimp Communications

Text messaging (aka SMS) might be the perfect way to communicate with employees in 2024. Compared to other, less beloved communication methods, such as email, SMS has two things going for it: reach and immediacy. Nearly everyone has a smartphone and nearly everyone texts. The average person looks at their phone within three minutes of receiving a text alert.

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HRA Eligibility FAQs: HRA Eligibility Requirements

PeopleKeep

Finding health benefits for your organization can be daunting. Small employers are turning to health reimbursement arrangements (HRAs) to offer health benefits to their employees. An HRA gives organizations a way to provide quality benefits without the high costs of group health insurance. But, since many organizations aren’t familiar with the benefit, they have questions about who is eligible to participate.

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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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3 approaches to becoming a better coach

Business Management Daily

By Kevin Eikenberry There are many methods managers can take to become a better coach. Today, I’m giving you three keys to coaching success. Try them out and find the best approach that works for you and your team members. Perspective One of the things coaches bring to those they coach is a different perspective. Let’s face it: As humans, we have plenty of blind spots.

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What Is Fawn Response? Fight, Flight, Freeze, And Fawn

BetterUp

Jump to section What is fawn response? What causes someone to develop the fawn response? Fawn response examples How do you fix a fawn response?

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10-4 by WEX offers instant diesel savings to independent owner-operators

WEX Inc.

WEX announced today, on National Truckers Appreciation Day, that its new app, 10-4 by WEX , offers nationwide diesel discounts to independent truckers, including owner-operators and small trucking fleets. This free mobile app was developed by WEX, a leader in the fuel payments industry, to offer fuel discounts typically reserved for larger trucking enterprises to independent truckers and small trucking companies in the U.S.

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Fuel savings for your trucking business

WEX Inc.

Trucking brings remarkable value to the U.S. economy. According to the American Trucking Association , trucking generated over $940.8 billion in gross freight revenues in 2022. As a trucking business owner, generating enough revenue to keep your doors open is more likely what you’re focused on, however. As an owner-operator you’re operating your own trucks and hauling freight for a variety of clients of all sizes on top of managing a business.

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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.