Sat.Nov 30, 2024 - Fri.Dec 06, 2024

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Top 10 Employee Benefits Priorities for Employers as the Year Ends

CorpStrat

As the year winds down, employers have a crucial opportunity to fine-tune their employee benefits strategy. Open enrollment is wrapping up, and now is the time to ensure your benefits package is ready to meet employee needs and support your 2025 business goals. A strong, competitive benefits program doesn’t just attract top talent—it also drives employee satisfaction and retention.

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What is the Contingency Fee Structure?

HR Lineup

The contingency fee structure in recruitment is a widely used model for compensating recruitment agencies or headhunters based on their success in finding and placing candidates with employers. It is often preferred by both companies and recruiters for its performance-based nature. In this detailed article, we will explore what the contingency fee structure is, how it works, its advantages and disadvantages, and how it differs from other fee structures like retained search.

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The Surprising Reasons Different Generations Are Stressed About Money

Best Money Moves

About 7 in 10 US employees say they’re stressed about money, per PNC’s 2024 Financial Wellness in the Workplace report. However, not all employees face the same financial woes. Younger generations tend to worry about affording monthly expenses, whereas Baby Boomers tend to worry about if — and when — they can afford to retire. Engaging a multi-generational workforce can be difficult.

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Retainer Fee Structures Explained: Benefits and Best Practices

HR Lineup

In the recruitment industry, firms use different pricing models to charge their clients for services. One of the most common structures is the retainer fee model, which offers many advantages for both clients and recruiters. Understanding how retainer fee structures work, their benefits, and best practices can significantly enhance the recruitment process for companies looking to hire top talent.

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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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5 tips to help employees with FSA spend down

WEX Inc.

Medical flexible spending accounts (medical FSAs) are use-or-lose accounts. There are limits as to whether (or how much of) your employees’ FSA funds can be carried over into the next plan year. How well do your employees understand their FSA’s plan rules? If they don’t, they could risk forfeiting funds to the plan. And any forfeiture of funds would create a negative experience for them that may discourage future FSA participation, hurting their ability — and your ability — to save money.

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5 Themes for Your 2025 HR Comms Calendar

Flimp Communications

Whether your HR team is aiming for higher HDHP enrollment, greater wellness program utilization, or improved benefits literacy, achieving your goals in 2025 will invariably depend on your company’s employees learning something and, crucially, retaining that knowledge throughout the year. But 2025 promises to be another hectic year for your employees, at work and home, with no let up to the constant bombardment of messaging and demands.

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Are employees getting enough mental health support in 2024?

Employee Benefit News

According to Aflac, 54% of employees believe employers care about their mental health — but does that translate to less burnout?

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Virtual cards: 5 simple steps to make the transition

WEX Inc.

The transition from paper check processing to virtual card payments can be daunting. This is why we’ve created a five-step guide to making the transition as efficient and seamless as possible. The value of running a supplier analysis before virtual card adoption The first thing we do with customers when they’re considering moving away from paper checks to a virtual card payments technology is to analyze the suppliers with whom they are currently doing business.

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IRS Loosens Preventive Care Coverage Rules

InterWest Insurance Services

New guidance issued by the IRS expands the types of preventive care benefits that high-deductible health plans are required to cover with no out-of-pocket costs on the part of plan enrollees. The changes are aimed at reducing out-of-pocket costs for diabetes-related expenses, certain cancer screenings and contraceptives. The guidance, released in two notices — N-2024-71 and N-2024-75 , — can result in real savings for Americans.

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10 HR Metrics for 2025: HR Data Toolkit

The right HR metrics can illuminate hidden trends, justify decisions to the C-suite, and give you an edge in this unpredictable economy. Download Paycor’s guide and learn how to calculate your: Cost-per-Hire Total Financial Impact of Absences Voluntary Turnover Rate And more!

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How to Overcome 10 Common Challenges in Recruitment?

Qandle

The recruitment industry is constantly evolving, with new tools, techniques, and trends reshaping the way recruiters find and place talent. However, this dynamic environment also brings about several challenges that recruiters must tackle to succeed. From adapting to changing technology to managing candidate expectations, the challenges in the recruitment industry are diverse and complex.

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The top benefits employees are seeking in 2025

Employee Benefit News

Financial wellness offerings in particular can have a broad positive impact on employee well-being.

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Guide to Succession Management Planning

Darwinbox

An effective succession planning process is essential for businesses of all sizes.

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The Holidays Have Their Own Workplace Perils

InterWest Insurance Services

On-the-job accidents may increase during the holidays as distractions in the workplace increase and decorations can pose safety issues. Normal routines and schedules are disrupted, and your staff — like everyone else — are also rushing around to crowded and chaotic stores and malls after work and on weekends. Be aware that accidents may be more likely to happen at this time of the year at the workplace, on the road or at home.

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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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Dealing with Difficult Employees: Tips and Solutions for Leaders

BetterUp

Dealing with difficult employees can be a significant challenge for any manager. It’s a situation many leaders dread, yet every workplace will inevitably encounter a difficult employee at some point.

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Supercharge your workforce: How tailored employee benefits win over Gen Z

Employee Benefit News

Each generation needs different benefits that connect with their individual needs. Here's what to offer the youngest age group in today's workforce.

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Overtime Rate Philippines: Everything You Need to Know for Fair Compensation

Darwinbox

Learn about overtime pay in the Philippines, including legal rates, computation, and employee rights. Stay informed about fair compensation practices.

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5 ways insurance brokers benefit from working with a PEO

Insperity

Insurance brokers and professional employer organizations (PEOs) are supposed to be competitors, right? Wrong! Actually, brokers and PEOs can form mutually advantageous partnerships that result in better service for their clients. Furthermore, brokers themselves can benefit significantly from working with a PEO. Let’s explore how. The broker-PEO relationship Employee benefits brokers and property & casualty insurance brokers help their clients find and purchase comprehensive, high-quality co

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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.

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How To Work On Self-improvement: 31 Activities To Try

BetterUp

Learning how to work on self-improvement can feel daunting, but you can start by taking small, manageable steps. Here are 31 exercises to try.

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How to tailor benefit packages to stay competitive in today's market

Employee Benefit News

Changes to the workforce extend beyond just the influx of new talent but also into what benefits employees value most, forcing employers to continually adapt.

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Understanding Disparate Treatment: Key Differences and Implications

Darwinbox

Disparate treatment is a serious issue. It is both intentional and unintentional discrimination against team members. It is based on their protected rights and class.

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Audit trails made easy with virtual cards

WEX Inc.

For financial managers, keeping tabs on every transaction can be a tricky ask. In the B2B space, where payment volumes are high and accuracy is a top priority, having a clear and accessible audit trail is essential for both security and accountability. Virtual cards are a rising tool, and are increasingly being recognized as a powerful way to simplify this process.

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4 HR Priorities for 2025 to Supercharge Your Employee Experience

Speaker: Carolyn Clark and Miriam Connaughton

Forget predictions, let’s focus on priorities for the year and explore how to supercharge your employee experience. Join Miriam Connaughton and Carolyn Clark as they discuss key HR trends for 2025—and how to turn them into actionable strategies for your organization. In this dynamic webinar, our esteemed speakers will share expert insights and practical tips to help your employee experience adapt and thrive.

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What is earned wage access and why offer it? - Ciphr

cipHR

At a recent CIPP roundtable on the future of payroll, we discussed earned wage access (EWA). And it immediately became apparent to me theres a lack of awareness about it among the payroll community.

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This platform helps businesses identify gaps in working parent support

Employee Benefit News

With a three-minute assessment, employers can see where they're doing well, and where they need to make improvements to retain talent.

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Maternity Leave in India: Understand Rules, Benefits, & Eligibility

Darwinbox

Learn about maternity leave in India, including eligibility criteria, benefits, and the Maternity Benefit Act (2017). Find out how employers can comply with the law and support employees.

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What happens to my HSA when I change jobs?

WEX Inc.

Have you recently changed employers? Or are you considering making a change? Fortunately, when you participate in a health savings account (HSA) through your employer, your HSA stays with you. There are plenty of myths about HSAs , but today let’s tackle what really happens to your HSA when you change employers. You have options HSA transfer If your new employer offers an HSA, you can transfer the administration of your account to your new employer’s HSA administrator.

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HR’s Blueprint for a Successful 2025

The HR industry is changing. Did you know… 1. There will be 4M more jobs than workers by 2033 ( BLS ). 2. For 84% of workers, flexibility is a top priority ( FlexJobs ). 3. 75% of employees have used AI at work ( CFO.com ). It’s time to meet the moment! Use Paycor’s guide to design a blueprint for success.