Patriot Software
OCTOBER 17, 2022
There’s nothing like starting your own small business. Being your own boss means you choose how to run things, and it lets you see your ideas come to life. But, you have a million and one things on your plate. You might decide to hire new employees to streamline business operations. When you become an […] READ MORE.
Money Talk
OCTOBER 20, 2022
The field of behavioral finance blends economics and psychology and acknowledges that people are often irrational decision makers. Everyone has cognitive biases, which are flaws or errors in thinking that can lead to poor financial decisions. The first step to mitigating errors is to become aware of common biases to plan to proactively minimize them.
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Employee Benefit News
OCTOBER 19, 2022
International Foundation of Employee Benefit Plans
OCTOBER 20, 2022
By Brand Newland, Pharm. D., and Cal Beyer Surgeries that are unnecessarily invasive or performed under suboptimal conditions often needlessly increase health plan costs and lead to complications for patients. Read more > The post Optimizing Outcomes and Containing the Costs of Surgery appeared first on Word on Benefits.
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.
Patriot Software
OCTOBER 17, 2022
When an employee becomes unemployed, they might qualify to receive unemployment benefits. Unemployment benefits are funded by unemployment taxes, which are paid based on employee wages. But who pays unemployment tax? You or your employees? Types of unemployment taxes Before you can learn who pays unemployment taxes, you need to know about the two types […] READ MORE.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
15Five
OCTOBER 19, 2022
Objectives & Key Results (OKRs) help align and motivate teams and individuals to reach personal and professional goals. But for this popular goal-setting framework to be effective, OKRs must be well crafted. . Poorly-written OKRs can do more harm than good by being too vague, not measurable, or focused on the wrong things. To move your business forward, employees need to be inspired, challenged, and motivated to do their best work with powerful, meaningful goals.
Insperity
OCTOBER 18, 2022
Many businesses, regardless of size, type or industry, have found themselves in the trenches of today’s talent war, and the future of recruiting seems complicated and murky. Today, attracting and retaining top talent is one of the most pronounced challenges that leaders face. Why is there a talent war? Employees have a wider range of career options than they ever have before.
Business Management Daily
OCTOBER 17, 2022
We all have to contend with workplace stress, and according to the evidence — it’s at an all-time high right now. The proof? 83% of workers in the US now suffer from work-related stress, and businesses regularly lose up to $300 billion annually due to its negative effect on productivity. When stress levels become too high, it can impact an employee’s physical and mental health in several detrimental ways.
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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.
Best Money Moves
OCTOBER 18, 2022
Addressing the employee financial literacy gap. Here’s how a lack of financial literacy can affect your employees and what you can do to help solve the problem. Only one-third of Americans have a solid understanding of interest rates, mortgage rates, and financial risk, according to the Financial Industry Regulatory Authority. This measure of financial literacy has fallen 19 percent over the past decade and is estimated to have cost Americans more than $415 billion in 2020 alone. .
Employee Benefit News
OCTOBER 17, 2022
HR Digest
OCTOBER 15, 2022
Employees need some kind of validation on their performance within an organization. As a manager, you have to give constructive feedback and this is easier when you have a list of performance review examples to guide you. This can help them highlight their strengths and weaknesses which would be beneficial for the company’s productivity as well as the employee’s overall performance.
Business Management Daily
OCTOBER 19, 2022
Effectively prioritizing your work tasks is important. In fact, it’s so important that one of the most common job interview questions is “how do you prioritize your work?” Most people have a generic answer prepared. But how do you actually prioritize your work and get things done once you have a job? How to prioritize work in the most effective manner will generally depend on your own preferences and workflow.
Advertiser: Paycor
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.
Patriot Software
OCTOBER 19, 2022
The topic of gender equality at work is heavily debated. Do hiring managers place more men than women? Do women earn less than men working the same jobs? Are women passed up for promotion opportunities? According to many studies, the answer is yes to all of the above. You can’t solve the nation’s inequalities. But, […] READ MORE.
Employee Benefit News
OCTOBER 17, 2022
HR Digest
OCTOBER 16, 2022
Breaking the news to an employee about a contract termination is not an easy task. Although it might be appropriate if the employee in question has violated any company’s terms or laws. Either way, it might always come as a shock to an employee who did not see it coming. So it is important to manage the termination of employment carefully. And in this article, we explain the types, the meaning of termination, and a list of helpful steps to do just that.
Flimp Communications
OCTOBER 20, 2022
These new features enable rapid, easy, and low-cost deployment of segmented messaging across clients, franchises, and locations. And it's HIPAA and HITRUST compliant. The post Flimp Adds Multi-Tenant, Multi-Tiered Features to Its WorkforceTXT® Texting Platform Built for Secure Employee Communications appeared first on Flimp.
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.
McDermott Will & Emery Employee Benefits
OCTOBER 21, 2022
The Internal Revenue Service (IRS) and the Social Security Administration announced the cost-of-living adjustments to the applicable dollar limits on various employer-sponsored retirement and welfare plans and the Social Security wage base for 2023. The table below compares the applicable dollar limits for certain employee benefit programs and the Social Security wage base for 2022 […].
Business Management Daily
OCTOBER 18, 2022
Despite what some Millennials and members of Gen Z believe, work-life balance is far from a new concept. Decades of employees have been trying to find the best ways to merge their personal and professional lives to obtain satisfaction in both spheres. Back in the 1980s when the term first gained popularity, people often envisioned good work-life balance as a scale.
Sodexo Engage
OCTOBER 18, 2022
Summary: Why we need to continue the conversation. Menopause and discrimination. The symptoms of menopause. Mental health. Physical health. How can businesses support employees through menopause? How Sodexo Engage can help you make that crucial difference. MENOPAUSE IN THE WORKPLACE: A MINDFUL AND SUPPORTIVE APPROACH. Tuesday 18th October is World Menopause Day.
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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
McDermott Will & Emery Employee Benefits
OCTOBER 19, 2022
On October 18, 2022, the Internal Revenue Service (IRS) announced cost-of-living adjustments to the applicable dollar limits for certain account-based health and welfare plans (see Rev. Proc. 2022-38). The maximum salary reduction limit for a health flexible spending account (Health FSA) increased to $3,050 for 2023 (from $2,850 in 2022), and the Health FSA carryover […].
Employee Benefit News
OCTOBER 19, 2022
Patriot Software
OCTOBER 20, 2022
Here’s a payroll question: How do you differentiate between employees and independent contractors? It all depends on the relationship between the employer and the worker. It’s important to properly classify workers, but it can be tricky. Here’s an example: Joe runs his own construction business. Joe has committed to more construction jobs than he can handle, […] READ MORE.
InterWest Insurance Services
OCTOBER 20, 2022
Despite newly enacted federal transparency rules for hospitals and health plans, some large hospitals are still not posting the required price lists for their services, according to a recent report. The Centers for Medicare and Medicaid Services’ transparency rules were implemented to shine the light on what hospitals charge for their various medical services, the negotiated rates insurers have with health plans and the out-of-pocket costs enrollees can expect to pay for these services.
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Managing ACA compliance is a major headache, especially in industries with complex schedules and regulations. Errors can lead to fines, legal battles, and strained employee relationships. Ways to Avoid Penalties & Fines: Non-compliance with Hours of Service (HOS) or misclassifying employees can lead to fines and legal issues. We offer tools to avoid these penalties and ensure regulatory alignment.
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