October, 2022

article thumbnail

15 actionable employee appreciation ideas

Achievers

Every company relies on its talent to carry it to new heights. But if your organization’s employees feel unappreciated, it won’t be long before they start looking for other opportunities. According to Achievers’ 2022 State of Recognition Report, two-thirds of employees state that feeling appreciated would reduce their desire to job hunt, while more than half say appreciation would make them less likely to take a call from a headhunter.

article thumbnail

IRA Basics for Retirement Savers

Money Talk

While taxpayers have until the tax filing deadline in April 2023 to contribute to an individual retirement account (IRA) for 2022, many people prefer to make all of their current year tax-saving moves before year-end. This leaves about two months to make an IRA deposit during the 2022 calendar year or up to six months if you wait until April. Below is a discussion of IRAs and details about how they can lower your taxes and provide a retirement savings nest egg: Description - An IRA enables worke

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

58% of workers feel undervalued at work — how benefits and recognition can help

Employee Benefit News

article thumbnail

Who Pays Unemployment Tax?

Patriot Software

When an employee becomes unemployed, they might qualify to receive unemployment benefits. Unemployment benefits are funded by unemployment taxes, which are paid based on employee wages. But who pays unemployment tax? You or your employees? Types of unemployment taxes Before you can learn who pays unemployment taxes, you need to know about the two types […] READ MORE.

Taxes 108
article thumbnail

We’re Here to Help! How to Navigate Your Top HR Priorities

Are you helping your people proactively plan for retirement? How are you prioritizing the mental health of your HR team? These are a few of the questions that HR professionals are seeking answers to today. Luckily, Gallagher’s consultants came together with four robust articles (and one infographic) that help address these pain points and provide you with proactive planning tips to help you simplify, personalize and create flexibility in your benefits offerings to help ensure your people thrive

article thumbnail

7 great tips for making employees happy

Achievers

When you think of your company, the first things that come to mind might be your customers, your products, and, of course, your team. There are many ways to describe the ideal team, like productive, loyal, and collaborative. These are all great terms, but from their own perspective, most employees — and people — simply want to be happy. You know what it feels like to be happy, but what does it look like across an entire workforce?

More Trending

article thumbnail

Procrastination at Work: How to Practice Better Time Management

Business Management Daily

A little bit of procrastination at the office is surprisingly common, with 88% of workers reporting that they put off important work tasks for at least one hour each day. Yet, procrastination at work is a much more severe problem for some workers. 15 – 20% of workers say they avoid important tasks regularly, which qualifies as chronic procrastination.

article thumbnail

Basics of Behavioral Economics

Money Talk

The field of behavioral finance blends economics and psychology and acknowledges that people are often irrational decision makers. Everyone has cognitive biases, which are flaws or errors in thinking that can lead to poor financial decisions. The first step to mitigating errors is to become aware of common biases to plan to proactively minimize them.

Finance 352
article thumbnail

The future of recruiting: 8 ways to win the talent war

Insperity

Many businesses, regardless of size, type or industry, have found themselves in the trenches of today’s talent war, and the future of recruiting seems complicated and murky. Today, attracting and retaining top talent is one of the most pronounced challenges that leaders face. Why is there a talent war? Employees have a wider range of career options than they ever have before.

article thumbnail

3 Experience Based Situational Interview Questions to Ask

HR Digest

Truth be told, an experience from the past is most likely to determine what the future could look like (maybe a tiny glimpse of it). Situational interview questions are no different when it comes to achieving this. These questions give an insight into what an employee’s past experience was like and could directly impact what the future could look like.

article thumbnail

4-Week Roadmap for New Hires

Nearly one-quarter of employees (23%) admit they’ve cried within the first week! Give new hires a positive start with this four-week onboarding roadmap. This schedule outlines all the turns, detours, and speedbumps new hires can expect in their first month. We’ve included suggestions for each week to help you make your new employees’ highway to success an easy road.

article thumbnail

10 fun team-building activities to suit every type of worker

Achievers

The idea of team-building sounds great, in a vacuum. What could be wrong with having some fun, getting to better know your coworkers, and even getting a bit of time off the job? Unfortunately, this simple concept has been routinely misused for years, with organizations implementing mandatory fun — an oxymoron if there ever was one — in the form of events and activities that somehow make hitting the grindstone look appealing by comparison.

article thumbnail

3 Digital Tools That Can Help Boost Employee Wellness

Best Money Moves

3 digital tools that can help boost employee wellness. In today’s hybrid workforce, digital resources are more important than ever before. These 3 tools are key to supporting employee wellness. Whether your team is remote or heading back to the office, digital solutions can make it easier for your team to get the benefits they are eligible for.

article thumbnail

Top 10 causes of stress at work (and what you can do about them)

Business Management Daily

We all have to contend with workplace stress, and according to the evidence — it’s at an all-time high right now. The proof? 83% of workers in the US now suffer from work-related stress, and businesses regularly lose up to $300 billion annually due to its negative effect on productivity. When stress levels become too high, it can impact an employee’s physical and mental health in several detrimental ways.

article thumbnail

Connecticut Paid Family Leave and What to Know

Patriot Software

Connecticut joined the paid family leave states when employers began handling Connecticut paid family leave contributions in 2021. Time has flown by and it’s now 2022. What does that mean? Employees in Connecticut can now apply for benefits from the state’s paid family leave program. Read on to learn about the new Connecticut paid family […] READ MORE.

article thumbnail

How to Make The Best Benefits Decisions for 2025's Workforce: An HR and Total Rewards Guide

Speaker: Kaitlin Ruby Carroll

Retaining top talent in 2025 means rethinking benefits. In a competitive job market, fertility benefits are more than just offerings - they are a commitment to your team’s well-being. Gain critical insights into the latest fertility benefits strategies that can help position your organization as an industry leader. Our expert will explore the unique advantages and challenges of each model, share success stories from top organizations, and offer practical strategies to make benefits decisions tha

article thumbnail

What is Transgenerational Trauma, and How Does it Affect Our Families?

BetterUp

Jump to section. What is transgenerational trauma? Who is affected by transgenerational trauma? How are intergenerational and historical trauma different? What causes transgenerational trauma? Examples of transgenerational trauma. Symptoms of transgenerational trauma. Ending the cycle of transgenerational trauma. Treatment for transgenerational trauma.

IT 116
article thumbnail

How to Effectively Train Employees

HR Digest

Asking the right questions before selecting or designing an employee training program can help determine whether the handpicked approach is the right solution or whether there’s an immediate need for performance issues to address. What matters is not how effective employee training methods you’ve picked, but the prior methodology wherein the trainer determines training goals, adaptive behavior, and whether certain employee training methods for employees are worth pursuing.

article thumbnail

Childcare Benefits: A Reckoning for Working Families

TalentCulture - Employee Benefits

It’s not a stretch to say COVID changed everything—including the way working families think about childcare benefits. Before the pandemic, parents struggled with childcare challenges, of course. But the day-to-day realities grew much worse when the pandemic struck. After the initial shock of schools and childcare centers shutting down, families were left to figure out […].

article thumbnail

Addressing the Employee Financial Literacy Gap

Best Money Moves

Addressing the employee financial literacy gap. Here’s how a lack of financial literacy can affect your employees and what you can do to help solve the problem. Only one-third of Americans have a solid understanding of interest rates, mortgage rates, and financial risk, according to the Financial Industry Regulatory Authority. This measure of financial literacy has fallen 19 percent over the past decade and is estimated to have cost Americans more than $415 billion in 2020 alone. .

Pension 115
article thumbnail

Reduce Bias in Hiring: Structured Interview Questions for Employers

Structured interview questions are a valuable tool for reducing bias in hiring. They help: Ensure all candidates are asked the same questions in the same way Level the playing field so all candidates have a fair chance of being successful Improve credibility, reliability, and validity Download the guide to get the most out of your interview questions!

article thumbnail

Two More District Courts Reject ERISA Fee and Performance Claims as Insufficient

Proskauer's Employee Benefits & Executive Compensa

Two recent district court decisions add to the growing number of courts granting motions to dismiss putative ERISA class actions challenging defined contribution plan fees and investment performance. These decisions from the Eastern District of New York and the Eastern District of Wisconsin are the latest victories for defendants at the motion to dismiss stage in this arena, and come on the heels of multiple similar decisions in the Sixth and Seventh Circuits (discussed here , here , and here )

401(k) 109
article thumbnail

Weathering the storm: How to “recession proof” your business

Insperity

Talks of an impending economic recession , whether it’s forecasted to be a rain shower or a torrential downpour, can be stressful for all business leaders. No matter what actually unfolds, it’s a good idea to prepare for the road ahead in order to mitigate the worst impacts on your business. Some advice is universal and applies to any economic downturn, such as: Protect cash flow Reevaluate unnecessary expenses Solidify relationships with customers.

Bonuses 107
article thumbnail

Collective Trauma: Developing Resilience in the Aftermath

BetterUp

Jump to section. What is collective trauma? Common causes of collective trauma. 5 examples of collective trauma. COVID-19 and collective trauma. Effects of collective trauma on mental health. How collective trauma influences communities. How groups create meaning out of collective trauma. How to heal from collective trauma.

111
111
article thumbnail

What happens to 401k if furloughed?

HR Digest

If you’re furloughed, does that mean your 401k is canceled? In a sentence: no, your furlough pay reduction does not lead to 401k cancellation. Your 401k is yours, and it stays yours. While you may not be able to contribute to your account during furloughs, you can still contribute yourself after the furlough ends. This means that if you want to keep saving for retirement, you can do so—and with the right tips, you could even get a little extra cash for your savings.

401(k) 115
article thumbnail

The Diversity Reckoning: Can HR Survive Without New Perspectives?

Speaker: Jeremy York

2024 has tested every organization, and 2025 promises no less - the warning signs are everywhere. If you’re relying on superficial approaches to diversity, you might find yourself scrambling to catch up. Thought diversity - the fuel for new ideas, fresh perspectives, and disruptive innovation - is more than a buzzword. It's a survival strategy. And if you’re not building it into your workplace culture right now , you’re heading for trouble.

article thumbnail

Do Employers Have to Give Pay for Jury Duty Leave?

Patriot Software

When an employee is called to serve on a jury, it can be a strain on your business. You might need to adjust schedules to fill the employee’s absence. Product creation or services might be disrupted. When your employee is fulfilling their civic duty, your business doesn’t stop. But, when an employee is on jury […] READ MORE.

article thumbnail

How to prioritize your work: Simple steps to keep on track

Business Management Daily

Effectively prioritizing your work tasks is important. In fact, it’s so important that one of the most common job interview questions is “how do you prioritize your work?” Most people have a generic answer prepared. But how do you actually prioritize your work and get things done once you have a job? How to prioritize work in the most effective manner will generally depend on your own preferences and workflow.

article thumbnail

Supporting Working Parents

International Foundation of Employee Benefit Plans

Employer considerations for working parents includes a review of current laws and best practices when supporting nursing mothers. The post Supporting Working Parents appeared first on Word on Benefits.

article thumbnail

OKRs vs KPIs: How They Differ and When to Use Each

15Five

What’s more exciting — the Emerald City, or the Yellow Brick Road? Well, it depends on who you ask. Some days, you might need that glittering green city in the distance to stay motivated. But on others, it might be best to focus on the basics — putting one foot in front of the other! That’s why when people ask “OKRs vs KPIs: which is better?” We say: companies should use both OKRs (objectives and key results) and KPIs (key performance indicators) to track their performance.

Health 99
article thumbnail

Testing Innovations in Cancer: How to evaluate and use new technologies

Amidst rising cancer prevalence and soaring costs, new cancer technologies and innovations are emerging to support the early detection, treatment, and surveillance of cancer. Read this guide to understand how to evaluate these solutions for your employees and members – and to learn more about the current state of coverage, clinical and cost effectiveness, and impact on quality and outcomes.