May, 2024

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These 3 benefits are wanted by all generations in the workforce

Employee Benefit News

Data from Forbes Advisor shows that while nuances exist, some core offerings appeal to every age group.

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Retirement Research Results and Recommendations

Money Talk

I recently reviewed notes that I took at recent presentations about retirement. Below are seven recommendations that stood out to me and might be helpful to Money Talk blog readers: Define Your New Self - People may retire after decades of work, but they do not retire from life. To prepare for this transition, make a point to define yourself by who you are rather than what you do.

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The Great Resignation has given way to The Big Stay, says the CIPD

Workplace Insight

The luxury belief that was the so-called Great Resignation, appears to be over, even if you assume it ever existed. Workers are increasingly staying put in their current jobs and more employers are holding steady on staffing levels as the labour market slows, according to the CIPD’s latest Labour Market Outlook report. The survey shows more than half (55 percent) of employers are looking to maintain their current staff level – the highest level since winter 2016/17.

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E-Verify: What Organizations Need to Know Today

HR Bartender

Estimated reading time: 5 minutes (Editor’s Note: Today’s article is brought to you by our friends at Poster Guard® Poster Compliance Service from HRdirect , the leading labor law poster service that gets your business up to date with all required federal, state, and local labor law postings, and then keeps it that way — for an entire year. Enjoy the article!

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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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75% used workplace schemes to access healthcare services through insurance

Employee Benefits

Of the 1.8 million employees who accessed healthcare services through health or protection insurance in 2022, 1.3 million (75%) relied on workplace-provided schemes to do so, according to research by the Association of British Insurers (ABI). Its Growing demand – increased use of health and protection services in 2022 report also found that almost 600,000 (87%) of the 700,000 people included in the research who used virtual GPs in 2022 did so through their employer’s scheme.

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When employees connect, their wellness improves

Employee Benefit News

Acts of kindness among coworkers can play a large role in a workforce's well-being.

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SSA to Hold Semi-Annual Meeting on June 13

PayrollOrg

Register by June 10 to attend the Social Security Administration’s (SSA) semi-annual meeting on June 13. This virtual meeting will be with the wage reporting community and the IRS.

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What is Talent Optimization?

HR Lineup

In the realm of business, success hinges not only on strategy and innovation but also on the people who drive these initiatives forward. Recognizing this, organizations increasingly focus on talent optimization—a holistic approach to maximizing the effectiveness of their workforce. Talent optimization goes beyond traditional human resources practices by integrating data-driven insights, behavioral science, and strategic planning to align talent strategy with business objectives.

Health 279
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Basics of Advance Directives

Money Talk

Advance directives are written instructions for actions to be taken in the future in case people become incapable of making decisions. They designate specific people (typically referred to as “agents” or “proxies”) to step in for the creator of an advance directive to make decisions that the creator wishes and to take the burden of decision-making off family members or other caregivers.

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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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Nike Layoffs Announcement to Affect 740 Employees by June 28

HR Digest

The Nike layoffs announcements from back in February will soon finish taking shape in June, as 740 employees from their World Headquarters in Oregon will be asked to leave. The company had announced a 2 percent reduction of the workforce, targeting a reduction of at least 1,600 employees over time. Nike’s layoffs within its workforce are part of a much larger cost-cutting strategy after their last annual report in December did not see profitable results to the degree the company had expected.

Retail 139
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#HRTechChat: Ayden Hodgins of New Entity HCM

3Sixty Insights

AI is set to empower HR leaders and optimize time with functionalities like timekeeping and attendance. In our latest #HRTechChat, Dylan Teggart is joined by Ayden Hodgins of New Entity HCM to speak about the future of AI in HCM and how large language models will improve the future of work. Our #HRTechChat Series is also available as a podcast on the following platforms: Apple iTunes: [link] Spotify: [link] Stitcher: [link] SoundCloud: [link] YouTube: [link] iHeartRadio: [link] Google Podcast: [

Retail 125
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How these tech companies are helping autistic talent thrive

Employee Benefit News

AutonomyWorks matches autistic talent with tech contract roles, and provides on-the-job training, too.

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EEOC Files Lawsuits Against Employers for Noncompliance

PayrollOrg

The U.S. Equal Employment Opportunity Commission (EEOC) filed lawsuits against 15 employers for failing to comply with the mandatory federal reporting requirements. Employers must submit the 2023 EEO-1 Component 1 data report by June 4.

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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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10 Best Goal-Setting Software Of 2024 For Teams

HR Lineup

Goal-setting is a cornerstone of successful teamwork, helping to align efforts, track progress, and achieve collective objectives. As teams become more distributed and projects more complex, the right goal-setting software can make all the difference. What is Goal Setting Software? Goal-setting software is a specialized type of software designed to help individuals, teams, and organizations define, track, and achieve their goals.

Software 246
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Exit Mode Thinking and Lasts: Some Barbservations

Money Talk

“Exit mode” thinking is a psychological state where people disengage from responsibilities, relationships, and/or commitments that they will soon leave behind. It is particularly evident when people are about to move, change jobs, transition out of a role (e.g., empty nesters) or enter a new phase of life (e.g., “senioritis” and retirement) and can impact behavior and decision-making.

Finance 149
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The Art of Conducting a Comprehensive Training Needs Analysis

HR Digest

In this comprehensive guide, we will delve into the intricacies of what training needs analysis is, and explore its various components, best practices, and the step-by-step approach to implementing it effectively. Whether you’re a seasoned HR professional or a business leader seeking to optimize your training programs, this article will provide you with the insights and strategies necessary to elevate your organization’s learning and development initiatives as you learn how to conduc

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#HRTechChat: Lilith Christiansen on Unlocking Employee Potential Through Strategic Onboarding

3Sixty Insights

Lilith Christiansen is the founder and lead consultant with HumanGenuity and co-author of the best-selling book Success Onboarding. She focuses on programs and processes that help people thrive in organizations. In this HRTechChat, Lilith discusses her approach to successful onboarding, first impressions, employee experience, and manager enablement, while touching on how new technology can play a role in these.

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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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Hospital price transparency data can be a game changer for self-funded employers

Employee Benefit News

Experts from Turquoise explain how employers can save 27% across 500 common healthcare services using the Hospital Price Transparency Rule.

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NYC Office of Child Support Services Hosts Employer Conference

PayrollOrg

On June 4, employers can attend a virtual child support conference hosted by the New York City Office of Child Support Services to learn about compliance and ask questions.

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Top 10 HR Ticketing Systems in 2024

HR Lineup

In today’s fast-paced corporate environment, Human Resources (HR) departments are under increasing pressure to manage employee queries, issues, and tasks efficiently. HR ticketing systems have become an essential tool for streamlining these processes, ensuring that employee concerns are addressed promptly, and improving overall HR service delivery.

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Expert Recommendations to Avoid Scams

Money Talk

It seems like scams are everywhere these days and they affect people of all ages. Below are eight expert recommendations to avoid being a victim of fraud: Get a Contract and Read It- Always have written contracts and review them carefully before signing them when engaging contractors or other service providers to perform work. Don’t leave any blank spaces and always keep a copy of any document that you are asked to sign.

Finance 138
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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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Electric arc furnaces could turn old concrete into zero-carbon cement

Workplace Insight

Concrete and steel production are major contributors to global CO2 emissions, but a new technology from Cambridge University offers a promising solution: recycling both materials simultaneously. This innovative process involves using old concrete in steel-processing furnaces to not only purify iron but also generate “reactivated cement” as a by-product.

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Guest Council Post: Decoding complexity and the pivotal role of Artificial Intelligence

3Sixty Insights

Complexity has traditionally been viewed as a negative disruption and a dominant rationale for why organizations do not achieve their strategic results. Simplification has been an overarching alternative theme and is often identified as the proposed solution for the organization but is this still the right choice given the advancements and potential as we engage with AI?

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Office romances are on the rise among younger employees

Employee Benefit News

A employment and liability expert explains what's driving the uptick and romantic prospects and how to mitigate the risk.

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Connecticut DOL Issues EWA Guidance for Employers

PayrollOrg

The Connecticut Department of Labor has issued earned wage access (EWA) guidance for employers that includes information about wage deductions for fees.

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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.