September, 2022

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How to Offer Effective Financial Wellbeing Support to Your Teams

Sodexo Engage

Summary: How can employee financial wellbeing benefit your business? Is it more than just a good salary? What you can do to help. How to Offer Effective Financial Wellbeing Support to Your Teams. It’s no secret that we’re all feeling the pinch at the moment. The UK inflation rate, as measured by the Consumer Prices Index (CPI) rose to 9.4% in July 2022—a 40-year high.

Finance 52
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9 Companies Offering the Best Job Benefits in 2022 (and What They Are)

BetterUp

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Short-term Disability vs. Long-term Disability

Patriot Software

As an employer, you recognize that your employees contribute to smooth business operations. What happens if an employee gets injured or ill and can’t work for an extended period of time? You and your employees need to know about short-term vs. long-term disability insurance. You can offer short-term and long-term disability insurance options for your […] READ MORE.

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All You Need To Know About Casual Friday: Its Benefits And Implementation

Vantage Circle

Friday marks the beginning of the weekend, the day employees anticipate the most after a long week. So much so that the last working day is now referred to as "Friyay" as a mark of celebration. This is where Casual Friday comes into the picture. Introducing the concept of Casual Friday will be the ideal way to kick off your employees’ weekend.

IT 103
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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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Is there such a thing as acceptable attrition?

LACE Partners

Aaron and Chris talk about the idea that the word ‘attrition’ isn’t a dirty one and that there is such a thing as ‘acceptable’ attrition in a business, as it encourages renewal, growth and development of any business. This sixty second video gives you a quick snapshot, but we’ve also produced a blog on the subject, which you can view here.

IT 73

More Trending

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Long story short: Are you taking advantage of your recruitment tools?

Employee Benefit News

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How Does the FMLA Apply to a Remote Workforce?

McDermott Will & Emery Employee Benefits

The Family and Medical Leave Act (FMLA) was enacted in 1993, a year when the idea of working a corporate job from a living room was rare. When the law was passed, the FMLA didn’t contemplate a remote workforce. Now, and especially post-pandemic, many companies are embracing a fully remote workforce (e.g., sales representatives, healthcare […].

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Is Paying Employees Cash Under the Table Legal?

Patriot Software

Some businesses prefer paying employees cash instead of other payment methods, like direct deposit or check. If you choose to pay cash wages, you are still responsible for depositing and reporting employment taxes. Paying employees cash under the table, or off the record, means you fail to pay and report taxes. Learn whether cash under […] READ MORE.

Taxes 105
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An Introduction to IRMAA

Money Talk

Full disclosure: this blog post is written from a place of privilege for older adults with higher-than-average incomes and/or assets. Many are middle income taxpayers who diligently saved and invested for 4-5 decades in tax-advantaged plans. Yes, I am one of approximately 7% of Medicare participants who pay income-related monthly adjustment amounts, a.k.a., IRMAA surcharges.

401(k) 245
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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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10 Best Workforce Management Software in 2022

HR Lineup

Most businesses have trouble managing their personnel, which threatens the company’s productivity. Your employees are your most valuable resource when it comes to guaranteeing the success of your business; thus, they must be capable and dependable in their work. Companies must incorporate workforce management systems into their HR processes to streamline daily chores related to employee performance because of the dynamics in the digital workforce.

Software 245
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How To Support Employees With Chronic Illnesses in the Workplace

Take It Personel-ly

There are few things in life more rewarding than doing well in a job you love. For many of us, career success is one principal source of life satisfaction and personal fulfillment. However, when an employee is facing a chronic illness, professional goals can feel nearly impossible to achieve. Fortunately, though, there are things that […]. The post How To Support Employees With Chronic Illnesses in the Workplace appeared first on Take It Personel-ly.

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How EAPs are turning to technology to support employee mental health

Employee Benefit News

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Respond before the Trouble Starts

Florida Workers' Comp

It is persistently uncomfortable to see a lawyer accused of error or poor behavior. Too often, the news reports on attorneys who are accused of straying from the path. Petition for Disciplinary Revocation (August 2022). Judges too, are not immune from such challenges. Public Confidence (July 2022); Sign Language and Curiosities (July 2022). In Disciplinary Revocation , the story reportedly involved and "attorney already under emergency suspension.

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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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What Is Self-Awareness, and Why Is It Important?

BetterUp

IT 138
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The Opioid Crisis and Personal Finance

Money Talk

I recently participated in a panel discussion about America’s opioid crisis at a professional conference. My role on the panel was to discuss the financial implications of the opioid crisis on individuals, families, and the country. Other speakers delved into the extent of the opioid epidemic and its impact on relationships and physical and mental health.

Finance 245
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10 Best Cloud HR Software Systems in 2022

HR Lineup

Hiring suitable candidates and managing the workforce is among the most challenging tasks in any business since employees’ competency levels determine your business’s productivity. Employers are doing their best to remain competitive with the high demand for a qualified workforce. However, there are excellent tools that you can use to streamline the hiring process and ensure you get the right employees.

Software 130
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4 Customized Items You Can Gift Your Employees This Year

Take It Personel-ly

Recognizing the importance of work-life balance, many companies now implement flexible working hours for their employees. Gifts are no exception to this rule, with many companies having a yearly budget for their employees. This allows an employer to express gratitude and appreciation to their employee while also purchasing beneficial items. Here are four customized items […].

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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 employers can transition to a new 401(k) service provider

Employee Benefit News

401(k) 317
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Why Benefits for Employee Caregivers Are Good Business

TalentCulture - Employee Benefits

We’ve all seen alarming headlines about “The Great Resignation.” Some observers say it shows no signs of letting up. McKinsey recently called it the “quitting trend that just won’t quit.” And data confirms that the “big quit” is real. In May, the Bureau of Labor Statistics reported that the U.S. voluntary quit rate was 25% […].

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Three Major Workplace Trends You Can’t Ignore

International Foundation of Employee Benefit Plans

What a time it’s been. A global pandemic, wars, monkeypox. in some ways, it feels like we’ve been living in a movie. I can’t watch disaster movies. Read more > The post Three Major Workplace Trends You Can’t Ignore appeared first on Word on Benefits.

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Highlights from an Estate Planning Seminar

Money Talk

I recently attended a local estate planning seminar geared for- and marketed to- older adults. I decided to go “undercover” to see if there was any evidence of manipulative sales practices masquerading as “financial education.” Sadly, I found some. Specifically, a presenter who was not an attorney and had no recognized financial planning designations whatsoever pitching the legal services of a colleague who was not in attendance.

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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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5 Best Employer Of Record (EOR) Services To Consider

HR Lineup

Expanding your business to international markets can be an overwhelming and frustrating procedure. You see, every country has its business management and employment laws that you must be familiar with to ensure a smooth transition. With the challenges many employers undergo while expanding their businesses across the globe, seeking employer of record services will be of great importance. .

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Your definitive guide to employee training: Why, when and how

Insperity

Employee training is one of the most significant investments in time and money that your organization may make, but it’s also one of the most critical initiatives impacting the long-term success of any business. After all, employees don’t just walk in the office door initially with all the information they need to do their jobs well. Maybe they’re experienced and highly knowledgeable, but there are still unique factors at your workplace that can impact their performance.

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Get real: Bank of America is betting on virtual reality to upskill its staff

Employee Benefit News

Banking 315
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Mental Exhaustion Symptoms, Causes, and Ways to Cope

BetterUp

Jump to section. What is mental exhaustion? What are the symptoms of mental exhaustion? Side effects of being mentally exhausted. What are the causes of mental exhaustion? How is mental exhaustion different from other conditions? 11 ways to overcome mental exhaustion.

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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.