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Earlier this year, I taught a class and a webinar about inflation where I presented dozens of ways to mitigate the effects of rising prices through reduced spending. Inflation is down significantly from 2022 but still remains elevated. Below is a list of inflation-fighting strategies to consider listed by household expense category: Groceries Make substitutions (e.g., applesauce for eggs in baking), buy store vs. national brands, eat more meatless meals, stock up on sale items, consider shopping
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?
Arya, developed by Leoforce, is a groundbreaking AI recruiting platform that has redefined the way organizations discover, engage, and hire top talent. Leveraging cutting-edge artificial intelligence and machine learning technologies, Arya empowers companies to streamline their recruitment processes, reduce time-to-hire, and make data-driven hiring decisions.
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Arya, developed by Leoforce, is a groundbreaking AI recruiting platform that has redefined the way organizations discover, engage, and hire top talent. Leveraging cutting-edge artificial intelligence and machine learning technologies, Arya empowers companies to streamline their recruitment processes, reduce time-to-hire, and make data-driven hiring decisions.
In the fast-paced and ever-evolving landscape of the modern workforce, the need for career development has never been more critical. Aspiring professionals seek guidance and opportunities to advance in their careers, and Aspireship, a cutting-edge career development platform, emerges as a guiding light in this dynamic realm. Aspireship is a forward-thinking platform designed to empower individuals by providing them with the skills, knowledge, and connections they need to succeed in a variety of
Independent waste management business Cawleys has invested in a variety of voluntary benefits to create a working environment that inspires, motivates and supports its employees. The organisation, which employs more than 220 staff, believes its success begins and ends with its people, which is why it has introduced voluntary initiatives to help improve their wellbeing and work-life balance.
As we step into 2023, retirement planning has become more critical than ever. With the uncertainty surrounding the future of Social Security and the increasing life expectancy, having a solid retirement plan is essential. One of the cornerstones of retirement planning is the 401(k) plan, and choosing the right provider can significantly impact your financial future.
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.
The CDC states that 27 percent of US adults have some type of disability , however, the jobs supporting disability are often few and far between. Often disabilities greatly limit an individual’s life and independence and force them to be reliant on those around them. Yet this is not always the case, with many disabled employees actively looking for disability-friendly jobs that will allow them the sense of independence to utilize their skills to build a life for themselves.
Credit: Emerge / Shutterstock (1079190161) Employers should have an understanding of the issues their employees face in order to produce targeted and appreciated voluntary benefits strategies. To combat the cost-of-living crisis , employees can use spend and save platforms to save money on a day-to-day expenditures and weekly grocery shopping. Employees react better to communications that they consider relevant to their personal circumstances, so employers should used targeted guidance and suppo
The latest findings from the CIPD’s People Profession 2023: UK and Ireland survey report, which surveyed 1,456 HR and workplace professionals across the UK, show that technology and hybrid working have had a significant impact on their roles and organisations. The report found that rapidly evolving technology, like generative AI, is having an impact on people teams as well as the wider business.
Wilson James, a professional services and skilled labour firm for the security, logistics, aviation and technology sectors, has embedded raising awareness of its voluntary benefits provision from the very start of its employees’ career journeys, and even during the recruitment process. The firm has nearly 6,000 employees working in more than 300 UK client sites and offices.
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.
The US Drug Enforcement Administration and the Substance Abuse and Mental Health Services Administration have further extended flexibilities that allow providers to prescribe controlled substances via telemedicine without first performing an in-person visit. The flexibilities were initially provided during the COVID-19 public health emergency. The extension runs through December 31, 2024.
As the tug-of-war between employee desires and employer directives continues, anchor days may offer a middle ground for a balanced RTO strategy. The post Tethered Flexibility: How Anchor Days Are Shaping The Return-To-Office appeared first on Wellable.
Do not equate the act of setting boundaries at work with selfishness. Rather, understand how work boundaries assist with performance and job satisfaction. They allow you to maintain focus and stay on track. They promote better mental health and work-life balance. They offer fellow team members guidelines on what makes you uncomfortable, leading to healthier work relationships.
International Foundation of Employee Benefit Plans
OCTOBER 25, 2023
Amidst the backdrop of skill shortages in various sectors, employers face a demographic transformation as more neurodiverse individuals enter the job market. Dr. Rob Austin, a professor and researcher at the Ivey School of Business at Western University, outlines in a Harvard […] The post Embracing Neurodiversity: Building an Inclusive Future appeared first on Word on Benefits.
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.
The Employee Retirement Income Security Act 1 of 1974 (ERISA) is a federal law that governs employee benefit plans, including employer-sponsored health insurance. Under ERISA, employers that offer health insurance to their employees must adhere to certain regulations and guidelines. While it’s not an insurance policy, the individual coverage health reimbursement arrangement (ICHRA) is considered a group plan and is therefore subject to ERISA regulations.
What is Task Tracking Software? Task tracking software is a digital tool designed to monitor, record, and manage tasks and projects efficiently. It provides a centralized platform where tasks, assignments, deadlines, and progress can be tracked in real-time. Task Monitoring Software ranges from basic to-do list applications to advanced project management systems, offering features like task assignment, priority setting, progress tracking, deadline management, and collaboration tools.
Health insurance remains a popular employee benefit for U.S. workers. But, traditional group health plans have costly annual rate hikes and strict participation requirements that leave many business owners looking for other ways to pay for their employees’ healthcare.
Credit: Tony Baggett / Shutterstock.com British Red Cross has completed a £30 million buy-out deal for its pension fund and the British Red Cross Society’s Scottish branch retirement benefits scheme. The transaction with Aviva will insure the defined benefit liabilities for around 360 members across both schemes, and removes the investment and longevity risk.
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!
Less than one-third of employees report they are engaged, enthusiastic and energised by their work, according to a new report from Gartner. The survey was showcased during the Gartner ReimagineHR Conference, which took place this week. Gartner defines engagement in three ways: employees feeling energised; employees finding purpose in their work; employees feeling empowered to do valuable work.
Earlier this month, the Supreme Court handed down its judgment in the important case of Chief Constable of Northern Ireland v Agnew. In a judgment that will be welcomed, the Supreme Court has determined that, in a claim by an employee for an unlawful deduction of wages arising from unpaid or underpaid holiday pay , a series of deductions will not be broken by a gap of three months or more.
So we’re looking at how the words are actually formed. When you’re hiring for a technology manager, what does that mean? Are you looking for a technical technology manager? Are you looking for someone who grew up in the chops of software development, knows all of the full delivery life cycle, or are you looking for someone who’s more project focused?
Scottish campervan converter business Jerba Campervans has received living hours employer accreditation as part of its commitment to demonstrate fair work practices. Its employees will now receive a contract reflecting actual hours worked, as per the living hours standard, and will be able to work a minimum of 16 contracted hours per week, unless they request otherwise.
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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