June, 2024

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Homeowner assistance as an employee benefit

Employee Benefit News

A benefits expert shares multiple ways employers can help workers afford good housing options.

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10 things a good manager never does

Achievers

Retaining top talent is a challenge for many organizations. So, how do you solve this at your company? A good place to start is with management. With 65% of employees considering leaving their jobs in 2024 alone , only 8% cite their relationship with their manager as the primary reason for staying with a company. This shows there’s ample room for improvement in manager-employee relations across the board.

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The rise of “supercommuters”

Workplace Insight

New research from Trainline claims the number of UK “supercommuters” using rail to travel longer distances to work has doubled since Covid. Almost half (47 percent) of current supercommuters surveyed made the lifestyle change either during or post-pandemic, and over four in five (84 percent) of these new supercommuters say hybrid working has enabled this switch in their commuting habits.

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Why You Deserve Better Employee Benefits

CorpStrat

Are your Employee Benefits bundled with one of the big payroll companies like Paychex, Gusto, ADP, or Zenefits? If so, there’s a good chance you’re not getting the service you deserve. These giants often push businesses into rolling their employee benefits with them, banking on the fact that most people aren’t fully aware of what they need or deserve.

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Future-Proof Your Talent Pipeline

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?

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What are the benefits of employee wellness programs?

Higginbotham

Many employers have started offering employee wellness programs , but organizations that have not yet launched these initiatives might be wondering if this trend is worthwhile. While there can be real benefits to comprehensive wellness programs, the return you see from your program will depend on several factors. What is an employee wellness program?

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Over 80% of employers plan on giving their benefits an upgrade in the next year

Employee Benefit News

Lively found that a majority of organizations will be focusing on financial wellness benefits in an effort to fight turnover.

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Five Ways for Women to Take Charge of their Financial Futures

Money Talk

I recently attended a webinar about women’s finances presented by the FINRA Investor Education Foundation in cooperation with the New York Public Library. The webinar began with a justification for focusing on financial planning for women. Among the statistics that were presented from various studies are the following: ¨ 37% of women have high financial knowledge (vs. 57% of men) ¨ 59% of women feel anxious about their finances (vs. 52% of men) ¨ 48% of women (vs. 40% of men) find it very or som

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What Are Performance Goals at Work and Why You Need Them

HR Lineup

In today’s fast-paced work environment, performance goals have become essential in ensuring productivity, job satisfaction, and organizational success. This article explores what performance goals are, their types, benefits, and how to set them effectively. By understanding and implementing performance goals, both employees and employers can work towards achieving optimal performance and growth.

Software 246
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HR Professionals Play a Key Role in Technology Strategy

HR Bartender

Estimated reading time: 4 minutes One of my first roles in HR involved technology. The company I worked for had their own proprietary human resources information system (HRIS). When system users (aka the HR team) had requests to change the system, they would send their suggestions / ideas to me. I would collect them and forward them to the technology department.

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Understanding Group Medicare for an Aging Workforce: Key Considerations for HR Leaders

Speaker: Shawnequa Albert

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.

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60 Goal-Setting Quotes To Inspire And Motivate You

BetterUp

Goal-setting quotes that will motivate you across all areas of life - relationship, finance, career, and more. Find the perfect words to fuel your success.

Finance 52
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Idaho Withholding Tables Updated for 2024

PayrollOrg

The Idaho State Tax Commission has updated the withholding tables for 2024, due to a law change that lowered personal income tax rates. The revised withholding tables should be used going forward.

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4 ways to fend off cybersecurity threats

Employee Benefit News

These tips from cybersecurity expert Brian Vecci can help keep personal and professional information safe.

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How to Speak to an Attorney

Money Talk

Many people live decades of adult life before they ever see an attorney. Perhaps they procrastinate on estate planning, never get divorced or adopt a child, never serve as someone’s executor, never start a business, never face criminal charges, and never suffer a personal injury. Also, in many states, people use title companies, instead of lawyers, to conduct real estate closing transactions.

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Ready to Save Time With AI? Try 14 ChatGPT Prompts for HR

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.

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Employee Magnetism: Everything You Need to Know

HR Lineup

Employee magnetism is an evolving concept in the realm of human resources and organizational development, referring to the ability of a company to attract, retain, and engage top talent. As the global workforce becomes increasingly competitive and dynamic, companies are realizing the critical importance of creating a magnetic environment that draws in high-caliber employees and keeps them invested in the organization’s success.

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Use Artificial Intelligence to Increase Your Curiosity

HR Bartender

Estimated reading time: 3 minutes I was chatting with some human resources professionals recently and the subject shifted to artificial intelligence (AI). We started talking about the different things that we were using AI for like job description updates and revising company policies. Someone in the group mentioned that it was important to be curious with artificial intelligence and test the ways that AI can help us.

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Research Note: The Value of Professional Employer Organizations as Strategic Growth Engines in Private Equity

3Sixty Insights

Myths and Misconceptions of PEOs and How They Can Bring Value to Businesses Private equity (PE) firms are laser-focused on maximizing profits with time-to-value standing as a key marker for successful portfolio investments. PE firms seek to engage with businesses that will deliver the high potential, performance, and revenue they look for to bring value to their investments.

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Continue Your Total Payroll Transformation at Virtual Congress

PayrollOrg

The 42nd Annual Payroll Congress may be over, but your “Total Payroll Transformation” doesn’t have to end just yet. Continue your journey with PayrollOrg’s Virtual Congress & Expo 2024, which takes place July 10-11.

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The Great Disruption: Leveraging AI To Better Your Benefits Strategy

Speaker: Joana Ardelean, MSHRM, PHR, SHRM-CP, CC

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.

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How registered dietitians support healthy eating habits for employees

Employee Benefit News

Expert guidance can provide the type of care needed to help employees make lasting positive dietary changes.

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Key Take-Aways About Social Security From a Webinar

Money Talk

I recently attended a webinar about Social Security retirement and survivor benefits by OneOp with an emphasis on retirement and survivor benefits. Below are seven key take-aways: Benefit Payments - Retirement benefits are determined by the amount workers earn and pay in FICA (Federal Insurance Contributions Act) tax, which often shows on paychecks as OASDI.

Taxes 135
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What Is Internal Mobility and Why Do You Need It?

HR Lineup

In today’s rapidly evolving business environment, the concept of internal mobility has gained significant traction. Companies are recognizing the value of leveraging internal talent to meet organizational needs, drive innovation, and maintain a competitive edge. Internal mobility refers to the movement of employees within an organization through different roles, departments, or locations.

IT 246
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Have the Right Expectations Regarding Artificial Intelligence

HR Bartender

Estimated reading time: 3 minutes When it comes to artificial intelligence (AI), one of the first things I think about is the future. We talk about AI being the future and how it will help us shape the future. I did an AI experiment recently that reminded me when we talk about the future, we can’t forget the past. I was working on some revisions to a training program recently and I felt the content needed a new icebreaker.

Education 180
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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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Case Study Vignette: How One New England Law Firm Helped Eliminate Paperwork in HR, Become More Efficient and Still Improve The Employee Experience

3Sixty Insights

The Problem with Paper Many human resource (HR) departments still deal with the challenge of moving the day-to-day process for engaging employees off traditional and inefficient paper-based approaches to more modern, digital systems. HR, payroll, and benefits professionals often find themselves fighting tides of paperwork that not only slow them down but introduce expensive and difficult-to-remedy errors.

Payroll 130
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Ohio Withholding Tables Revised for Use Starting July 1

PayrollOrg

The Ohio Department of Taxation has issued updated withholding tables, effective for wages paid on or after July 1, 2024.

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Being isolated at work can damage your career: 5 ways to be more social

Employee Benefit News

A recent survey from TopResume revealed that most people would rather not spend extra time with coworkers, but they should reconsider.

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Looking Ahead to Your 2024 Tax Return

Money Talk

With the 2023 tax filing deadline in the rear view mirror, now is a good time to look ahead to 2024 taxes that you will owe in April 2025. In a recent article for the Rutgers Cooperative Extension newsletter, VISIONS , I described key features of your tax return to review for future financial planning including income sources, tax write-offs, changes in tax filing status, tax rates and marginal tax brackets, tax withholding, retirement plan contributions, and capital gains and losses.

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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.