March, 2022

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Employee Bonus Alternatives: Are Benefits a Viable Alternative to Cash?

Sodexo Engage

Summary: Do all good employers reward employees with bonuses? What cash bonus alternatives are there? How do benefits help employees? What are the advantages to your business of providing employee benefits? Employee Bonus Alternatives: Are Benefits a Viable Alternative to Cash? Many organisations across the UK believe that the best way to engage and reward their workforce is with employee bonuses.

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Employee involvement: The value of increased employee participation

Achievers

The groups you claim membership in shape your life. Families, classes, sports leagues, and, of course, employers are just a few examples. When you consider the groups you enjoyed most, what made them that way? Chances are that, among other factors, they made you feel heard and accepted. You knew your involvement and voice actually mattered. In the workplace, this feeling of employee involvement is critical to building an engaged team.

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Financial Planning Tips for Older Women

Money Talk

I recently taught a 90-minute personal finance class for women age 50+. While preparing for the class and delivering it, I noted some major financial concerns of this demographic group that I am personally part of. This post describes ten things that older women need to consider about personal finance during the second half of their financial life: ¨ Unique Financial Characteristics - Women are more likely than men to have gaps in their employment history and to be more negatively impacted by di

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Top 10 Ways to Motivate Employees and Increase Productivity

HR Lineup

Employees are every organization’s important asset, and it is essential to motivate them to maximize performance. You see, work motivation pushes us to give our best in various tasks since we feel valued and appreciated. As an HR professional, you need to know how to motivate employees without bias. Luckily, this article lists the top 10 ways to motivate employees and increase productivity.

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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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How Companies Can Care for Their Employees

Take It Personel-ly

One of the most common reasons employees leave a company is because they feel underappreciated. When employees are already putting in long hours and dealing with rude customers, they need to be valued by their company. Whether you’re a shift supervisor or a manager in your business, these tips can help you care for each […]. The post How Companies Can Care for Their Employees appeared first on Take It Personel-ly.

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Caregiver Fatigue: Causes, Symptoms, and Ways to Cope

BetterUp

Jump to section. Who are the caregivers? Caregiving is as honorable as it is challenging. Do I need support? A checklist. What causes burnout and caregiver fatigue? 6 ways to prevent and manage burnout. Where to turn for help.

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Amping up equity for women at work

Achievers

Written by Leanne O’Brien , Senior Brand Marketing Manager and Emily Pearce , Director of Global Customer Care, Achievers. How mentorship, women’s networks, and DEI are contributing to a fair future. Creating a gender-equal world, a world that’s diverse and inclusive enough to have as many women sit at the decision-making table as men in the workplace, takes a great deal of work.

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Inflation Insights and Work-Arounds

Money Talk

A work-around (a.k.a., hack) is a strategy designed to circumvent an “issue” (problem) or challenge. It does not solve the problem or make it go away, but it makes life more manageable and allows people to get things done. Right now, inflation is an issue of concern to many people. Inflation puts upward pressure on prices and makes them rise, leading to a reduction of the purchasing power of a dollar.

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What Is a Qualified Retirement Plan?

HR Lineup

There are several ways individuals contribute to their retirement benefits. Some of these plans have an advantage when it comes to taxes. For such a program to enjoy any tax benefits , it has to conform to the standards set in the US tax code, section 401a. Types of Qualified Retirement Plans. There are three classes of qualified retirement plans, namely: 1.

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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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6 tips for employers in an employee’s market

Insperity

It’s one of the biggest challenges for company leaders for the foreseeable future: being an employer in an employee’s market. Post-pandemic, many people are reassessing their priorities and personal goals. Some employees are switching to companies that better align with their preferences, while others are changing careers entirely and starting over fresh.

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We All Need a Little Nudge Now and Then

HR Bartender

Estimated reading time: 5 minutes. (Editor’s Note: Today’s article is brought to you by our friends at Humu , a solutions company that helps managers improve and ensures their teams get results. Be sure to check out their latest State of the Manager report. It’s a great read on how to engage and retain your management team. Enjoy the read!). In the best-selling book “ Nudge: Improving Decisions About Health, Wealth, and Happiness ”, authors Richard Thaler and Cass Sunstein define a nudge as “any

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Grey Rocking: What It Is and How To Do It (and when not to)

BetterUp

Jump to section. What is the grey rock method? When to try grey rocking. When to avoid the grey rock method. The risks of grey rocking. How to use the grey rock method. Grey rocking at work.

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How to start practicing mindfulness at work

Achievers

The incredible technical innovations of the past several decades have solved many problems at work, but they’ve made others worse. One of these is employee burnout. It’s hard to truly decompress when work emails are just a click or tap away, after all. Practicing mindfulness at work is one of the best ways for employees to separate themselves from everyday stressors and maintain emotional wellness.

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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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Thirteen Tax Topics for Older Adults

Money Talk

Personal finances can get complex for many older adults with multiple streams of income, the need to create a retirement “paycheck,” Social Security benefits, required minimum distributions, and more. All of these events impact income taxes. This post describes thirteen tax-related topics (in no particular order) that people should be familiar with in later life.

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What is Wrongful Termination?

HR Lineup

Employers have the right to choose who to work with and who does not fit in their organisation. If a team member does not fit into the work culture, and nothing can be done to resolve the situation, they may be terminated. In discharging individuals that do not fit the mould, care needs to be taken. Firing an employee needs to be done legally in the eyes of the law.

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Poll: 30% of employers considering moving to a four-day week

Employee Benefits

Employee Benefits poll: Nearly a third of employers say they are open to the idea of shifting to a four-day working week, while more than a quarter have already made the transition to a more flexible hourly model. While nearly half (43%) of respondents to an online survey remained adamant they aren’t intending to move away from a conventional five-day working week, it is clear the experience of more flexible and hybrid ways of working during the pandemic is shifting opinions.

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The 3 C’s of a successful leadership development training program

Insperity

A leadership development training program is a goal of many businesses, but what exactly does it include? What should it include? How can it be successful? The benefits of an in-house leadership development training program are worth figuring out the answers to those questions. A successful program can increase productivity , nurture and retain talent , improve employee engagement and enhance your employer brand in ways that may help attract new staff members.

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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 to recruit employees for small businesses — 8 key tips

Business Management Daily

Running a small business isn’t easy. On top of having to compete with large corporations for customers, small business owners also have to compete for employees. Small businesses often don’t have the budgets that larger corporations or well-funded startups have, so they may not be able to offer the highest salaries or allocate as large of a budget to recruiting efforts.

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Why psychological safety at work matters and how to create it

BetterUp

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Financial Concerns of Older Adults

Money Talk

Last fall, I participated in a group discussion among personal finance content creators (e.g., authors, speakers, bloggers, and podcasters) attending the FinCon 2021 conference. Our topic: financial concerns of older adults. The consensus was there is no “one size fits all” content. Personal finance messages need to be customized for specific older adult audiences.

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6 Ways to Attract and Retain Top Talent

HR Lineup

In an ever-changing employment world, it’s vital for HR professionals to device effective recruitment strategies to recruit and retain talent. Today, most employees prefer organizations with competitive pay, sound cultures, and advancement opportunities. Therefore, giving employees what they need can be the missing link between attracting and retaining top talent.

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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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Talent Assessment Methods to Find the Right Person for the Job

HR Digest

If you’re in a position where you have to choose between several qualified candidates for a job, the correct talent assessment tools can help you identify the best candidate. There are a lot of recruitment tactics out there, but only a few of them are genuinely effective. We’ll go through some of the talent assessment methods that can help you find and keep the top applicants in this article.

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The do’s and don’ts of handling employee absences

Insperity

If you hire people, you’re going to have to deal with employee absences on a regular basis. There is a wide range of reasons for employees being out of office, including: Illnesses or medical emergencies Vacations Extended leaves (medical or personal) Appointments Bereavement Volunteerism Children’s school activities Religious holidays or floating holidays Elder care , child care or pet care.

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82% of young staff want to save for pensions before turning 22

Employee Benefits

New research has revealed that 82% of young employees aged between 18 and 22 believe that individuals in employment should start saving for their pensions and retirement before the current default age of 22. The Pensions Management Institute’s (PMI) findings also highlighted that more than six in 10 (61%) think that all of an employee’s salary should be included for the pension contributions calculation , rather than just that part that is above the current lower threshold of £6,240 per annum.

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How to become a manager: 10 steps for when you're ready to be the boss

BetterUp

Jump to section. Signs you’re ready to become a manager. 11 steps towards becoming a manager. You got the job — now what? Need support?

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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.