Sat.Apr 30, 2022 - Fri.May 06, 2022

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In a Benefits Plan Far, Far Away

International Foundation of Employee Benefit Plans

Over the past several years, May 4 has skyrocketed in popularity as Star Wars Day—as in, “May the Fourth be with you.” In honor of May the Fourth, we thought it. Read more > The post In a Benefits Plan Far, Far Away appeared first on Word on Benefits.

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High-Earning Employees Need Financial Help, Too

Best Money Moves

High-earning employees need financial help, too. A six-figure salary doesn’t always translate to financial security. Here are 4 ways high-earning employees can benefit from financial wellness programs. It’s a common misconception that a six-figure salary always translates to financial security and that high-earning employees have no need for financial wellness benefits.

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Frugal Spending Tips for Your Next Road Trip

Money Talk

This post is excepted from an article that I wrote for my brother Michael's website about preparing for a road trip during these challenging financial times with rising food, gas, and travel expenses. My brother Michael, a professional photographer and avid motorcyclist, started the website Roadcraft USA to share his passion for beautiful scenery and fun and interesting road trips, especially the two-wheeled kind.

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Building a compelling employee value proposition (EVP)

Achievers

Employers everywhere are familiar with the Great Resignation. The elevated quit rate among employees that began in 2021 is affecting organizations across industries. The Great Resignation is partially a response to the opportunity the pandemic gave employees to evaluate their job and its effect on their personal well-being, together with the new power employees have in a tight labor market.

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The HR Leader’s Workforce Management Guide

In today’s fast-paced business world, effective workforce management (WFM) isn’t just an option—it’s a necessity.

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5 ways you can help employees prepare for retirement

Business Management Daily

Retirement security, or insecurity, has caught the eye of Labor Secretary Marty Walsh. He’s right. Fewer employees are covered by traditionally defined benefit plans. DB plans are retirement plans. The plan sponsor, most likely the employer, bears all the investment risk and pays you a fixed amount every month until you die. It’s a good deal, if you can get it.

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Sixth Circuit Rejects Arbitration for Proposed Fiduciary Breach Class Action

Proskauer's Employee Benefits & Executive Compensa

The Sixth Circuit, in a matter of first impression for that Circuit, held an arbitration clause contained in an individual employment agreement did not apply to ERISA fiduciary breach claims brought on behalf of a defined contribution plan. The case is Hawkins et al. v. Cintas Corp. , No. 21-2156, __ F.4th __, 2022 WL 1236954 (6th Cir. 2022). Plaintiffs, former Cintas Corp. employees, sued the company and its investment committee under Section 502(a)(2) of ERISA on behalf of its 401(k) plan, al

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How to answer “What is your greatest strength” question during an interview

HR Digest

“What is your biggest strength?” is a common interview question that most of us have encountered during a job interview. Many candidates are stumped when it comes to answering this question. Establishing the appropriate context and being honest and professional are the best ways to respond. It’s critical that your skills complement the job description.

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Why Neurodiversity Should Be Part of Your DEIB Program

15Five

While the topic of neurodiversity in the workforce is becoming more widely discussed, it’s still a relatively new concept for many DEI and HR practitioners. In honor of April being Autism Acceptance Month, the 15Five team hosted a webinar for our HR Superstars Community called “Demystifying Neurodiversity.” . The talk was hosted by 15Five’s Sr. VP of Community, Adam Weber, and featured an all-star panel that included Cara Pelletier, 15Five Sr.

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Getting back to the future of work

Workplace Insight

Quoting George Orwell is the kind of thing that people who haven’t read George Orwell do. I have read Orwell, and even have a drunken story about Paul Shane signing my copy of the Collected Essays, which was the only autograph-able material I had on me at the time I met him in a pub in about 1990. For another time. In Nineteen Eighty-Four, Orwell describes Winston Smith’s realisation that the best books are those that tell you what you already know.

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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

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How Auto-Adjudication Affects Healthcare Costs | BerniePortal

BerniePortal

As organizations begin re-evaluating their benefits plans in hopes of saving more money, they will need to consider all options. The rising costs associated with healthcare benefits have only added further pressure to this search for better solutions. One factor that can affect the cost of premiums is auto-adjudication. Understanding auto-adjudication can help employers make better financial decisions for their organization.

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Hybrid Work: The Recipe for Transforming Your Workplace

Darwinbox

The disruption caused due to the pandemic has brought about significant changes to work models. Employers have been thinking about ways to create, facilitate, and operationalize work from anywhere. Increasingly, organizations are realizing that a hybrid work approach may be the best work model to pursue. However, this does not come without challenges and must be implemented with care.

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UHG Data Reveals Half Of All Telehealth Visits Are For Behavioral Health

Wellable

In a conversation with HealthLeaders, UnitedHealth Group (UHG) Chief Medical Officer Donna O'Shea discussed the jaw-dropping utilization of telehealth in 2021. Based on findings from an internal report, she stated there were 28 million telemedicine visits in 2021, of which 14 million were for behavioral health.

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Retrofit is essential for the UK’s stock of poor performing commercial property

Workplace Insight

The UK Green Building Council (UKGBC) has published a guide that calls on businesses to retrofit the country’s poorly performing stock of commercial buildings. From 2025, every commercial building in the UK will require an energy performance certificate (EPC) which rates its energy efficiency from grade A to G. The Government is seeking to strengthen these standards and has proposed that all commercial properties being let have a minimum EPC rating of at least ‘B’ by 2030 and i

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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.

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9 Memorial Day Ideas For Work

Vantage Circle

Memorial Day is usually considered the unofficial start of summer when everyone starts to plan for long trips or family outings. However, it is much more important than celebrating the start of the summer. It’s a time to honor the military personnel who laid down their lives while serving the military. And if you are planning to celebrate it in the workplace, then this article will assist you in providing some fantastic memorial day ideas for work.

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How Many Job Interviews Are Too Many??

The Olson Group

With the job market being so competitive… How many job interviews are too many?? What is the right number of interviews? This is a burning question as recruiters continue to face challenges in the second year of an unprecedented labor market. Everyone wants the best candidates possible and to be confident in our hiring decisions. It sounds a little silly, but there is such a concept of too many interviews.

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The Rise of Fertility Benefits–A New Must-Have? | BerniePortal

BerniePortal

Attracting top talent has become increasingly difficult for organizations with too many open positions and too few candidates to fill them. This imbalance has caused competition, leading employers to offer more extensive benefits packages. As a result, one benefit that has been growing in popularity is egg-freezing. In-vitro fertilization treatments and egg-freezing benefits have increased dramatically in the past year.

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Flat organisations are handing out inflated job titles to hang on to staff

Workplace Insight

We’ve seen more talk of the glass ceiling in recent years than for some time, and part of the explanation is the way we’re creating false career ladders within businesses which don’t need to be there and don’t really lead anywhere. We are seeing companies trying to retain people in a time of skills shortages and one of the ways they are going about it is to accelerate ‘promotions’ within organisations for individuals to encourage them to stay.

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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

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Offices Facilitate Unplanned Conversations (So Can Virtual Settings)

Wellable

The pandemic forced the world to run a collective field experiment in remote work. By and large, the results were surprisingly positive. Several studies found remote work results in higher productivity, job satisfaction, recruitment, and retention.

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Benefits you should offer a nanny or caregiver

PeopleKeep

As a household employer, providing your nanny or caregiver with competitive wages and a robust benefits package is essential. While not required, employee benefits show that you consider your nanny’s health and wellbeing a top priority. Offering benefits helps you attract and retain the perfect nanny to provide care for your loved ones. Not to mention they help your nanny avoid burnout, make their job more enticing, and encourage them to stick around for the long haul.

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Cal/OSHA’s New COVID-19 Emergency Temporary Standard Loosens Some Requirements

InterWest Insurance Services

Cal/OSHA has issued new language that amends its current COVID-19 emergency temporary standard and pushes back the expiration date of the ETS until the end of the year. The extension of the ETS comes as Cal/OSHA pushes ahead on creating a permanent airborne infectious disease prevention standard for general industry, which is expected to be completed over the summer.

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Why the over 50s are leaving the workforce in huge numbers

Workplace Insight

The UK economy has a problem with its over 50s: following the COVID pandemic, they have been leaving the labour force en masse , causing headaches for businesses and the government. Roughly 300,000 more workers aged between 50 and 65 are now “economically inactive” than before the pandemic, leading a tabloid paper to dub the problem the “ silver exodus ”.

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Why (and How) to Switch to a New HR & Payroll Platform

Speaker: Speakers:

HR and payroll impact every aspect of your business. Choosing the right provider is one of the most important decisions you’ll make. Before you decide, hear first-hand customer accounts in Paycor’s webinar to learn: The three most important things to look for when switching. How to begin your search. What are some of the red flags?

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Gender Pay Gap Narrows Down Women to Men Wage Ratio in 2022

HR Digest

With the exception of sexual harassment in the workplace , gender pay gap remains one of the most debtable topics when it comes to men and women at work. It’s pretty unfortunate that women who hold full time-time jobs still earn 79 cents for every dollar that men with full-time jobs earn ( U.S. Census Burea u). This gap widens as we traverse race and ethnicity – African-American and Latina women earn 64 cents and 56 cents respectively, for every dollar that white, non-Hispanic men earn.

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Agencies Provide Guidance on Impending Transparency in Coverage Rule Implementation

McDermott Will & Emery Employee Benefits

On April 19, 2022, the US Departments of Labor, Health and Human Services, and the Treasury (collectively, the Departments) released Frequently Asked Questions (FAQs) regarding the implementation of certain reporting provisions of the Affordable Care Act (ACA). The FAQs were released to provide clarity on the required drug price disclosures identified in the Transparency in […].

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How to Manage Inventory

Kollath CPA

Do you always have the necessary products available when you need them? Have you lost out on business because items were out of stock? Have you lost money due to excess stock? If any of these predicaments are true for you and your business, you may need to take a closer look at your system and how to manage inventory. What are some basic inventory management techniques?

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Get ready for the artificial intelligence revolution

Workplace Insight

Behind every successful business strategy is a talented and motivated workforce that is ready to apply itself and achieve great things. A leader may have a flawless strategy, but if they cannot staff their teams with the most talented individuals, their vision will stay just that. A vision. Unfortunately, the tools organizations use to identify and recruit the best talent have not changed much over the last few decades: resumés, interviews, and reference checks continue to be the predominant met

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Transform Employee Wellbeing and Control Costs Through Data-Driven Strategies

In today's dynamic business environment, HR leaders face immense pressure to optimize costs while maintaining a competitive edge to attract, retain and engage their workforce. Gallagher can help you meet that challenge head-on. Our proprietary data and people analytics platform, Gallagher Drive ® , provides the elevated insights you need to make impactful program decisions that are aligned with your organizational goals and set your strategy up for long-term success.