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Kumari Williams, VP of belonging and diversity at Workday , and Jeff Cates, CEO of Achievers , reveal the steps employers can take to keep employees motivated for the long haul. Every HR leader grapples with retention challenges in today’s job market. While offering competitive pay is essential to mitigating turnover, it’s not the only thing that keeps employees engaged and committed to your organization.
Six in 10 (61%) UK employees said they are more worried about the cost-of-living crisis compared to a year ago, according to new research by Health Shield. The employee health benefits provider surveyed 564 employees in full or part-time work and found that only 11% of respondents are less worried about it, while 48% said it has impacted their ability to do their job.
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?
HIPAA and FERPA often get confused because they are both national laws that protect private information. The main difference between them is that HIPAA protects patient information while FERPA protects student information. Although HIPAA and FERPA are stand-alone acts, they do have some points of intersection.
Nominations for the 2024 Global Payroll Titan Award close 19 March. The award celebrates and empowers outstanding professionals responsible for exemplary performance and success in the global payroll industry.
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Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
Nominations for the 2024 Global Payroll Titan Award close 19 March. The award celebrates and empowers outstanding professionals responsible for exemplary performance and success in the global payroll industry.
Financial shocks are events that result in unexpected expenses and they are especially challenging for individuals and households with limited resources and tight budgets. Examples of financial shocks are plentiful and include the following: ¨ Big spikes in expenses due to inflation (e.g., childcare, food, insurance, rent, utilities) ¨ Car accidents ¨ Disability ¨ Divorce ¨ Large home repairs (e.g., roof, furnace) ¨ Large out-of-pocket medical or dental bills ¨ Loss of a job ¨ property damage du
In today’s data-driven world, Human Resources (HR) departments play a crucial role in leveraging analytics to make informed decisions about hiring, employee engagement, retention, and overall workforce management. As businesses continue to recognize the importance of HR analytics, professionals in this field are in high demand. Whether you’re an HR professional looking to upskill or someone interested in entering this dynamic field, enrolling in online HR analytics courses can provid
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.
Dive into the evolving landscape of technology procurement with Nicholas Biron, CEO of 3Sixty Insights, as he unveils the complexities reshaping how organizations approach software and technology purchases. Gone are the days when IT departments solely dictated the selection and acquisition of new solutions. Today, the process is a multifaceted journey, beginning with line-of-business leaders who pinpoint needs and set the selection criteria, navigating through a maze of vendor evaluations, polit
International Foundation of Employee Benefit Plans
MARCH 7, 2024
Lawmakers, employers, consumer groups and other stakeholders have called for more transparency from pharmacy benefit managers (PBMs). Lack of transparency enables PBMs to engage in the practice of spread pricing where PBMs charge health plans more than they pay pharmacies for the […] The post Prescription Drug Plans: Spread Pricing Explainer appeared first on Word on Benefits.
The IRS released the 2024 Form 941, Schedule B, and Schedule R, along with their respective instructions. The lines on the form used to report COVID-19-related credits have been removed.
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.
The UK’s Chancellor of the Exchequer Jeremy Hunt has outlined plans to improve public sector productivity that the government claims will deliver up to £1.8 billion worth of benefits by 2029. The statement focuses on public sector productivity because the government says it is “an alternative to accepting an ever-increasing bill for public services as [it] sticks to its plan to move on from the high spending and high tax approach that was necessary to get the UK through the shocks of Covid and R
Artificial intelligence will create efficiencies that enable physicians to spend more time strategically thinking about their patients. But its benefits must be maximized for all.
Credit: Arthur D’Amario III / Shutterstock.com Something for the weekend: The Victoria and Albert Museum (V and A) has begun its search for two cataloguers to help with the David Bowie Archive, which it is in the process of acquiring. If you’re good under pressure and with changes , then this could be the job for you! The successful applicants will work with a lead cataloguer as part of a wider team in the performance, furniture, textiles and fashion department and report to the curator of
For 15 years, Dawn Curtis, CPP, was one of those payroll professionals who’d never had a chance to attend a Payroll Congress. But that all changed in 2023, when for the first time, PayrollOrg hosted the 41st Annual Payroll Congress in Denver, which allowed Dawn to attend and see for herself what all the excitement is about.
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.
One of the UK’s greatest ever athletes and now a corporate wellbeing consultant and speaker , Sally Gunnell discusses with Kate Usher the challenges faced by women in the second half of their lives, in the latest Workplace Insight podcast. Sally is the only female British athlete ever to hold the Olympic, World, European and Commonwealth titles for 400m Hurdles.
Spring Budget 2024: The government is to cut employee national insurance contributions (NICs) by two pence, falling from 10% to 8% from 6 April. In his Spring Budget, Jeremy Hunt, Chancellor of the Exchequer, said that this will save the average worker on a salary of £35,400 around £900 a year, once combined with the 2p cut announced in the Autumn Statement 2023.
International Foundation of Employee Benefit Plans
MARCH 7, 2024
International Women’s Day is an ideal time to pause and reflect on the status of women in the workforce—both how far we’ve come and how far we still need to go to achieve true gender equality. In this blog, Alyssa Hodder interviews […] The post International Women’s Day: Women in Leadership appeared first on Word on Benefits.
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!
A quarter of all projects do not meet the business goals that their organisations set for them, according to research published by the Project Management Institute (PMI) in the 15th edition of its Pulse of the Profession report – The Future of Project Work. The newly released report, based on the responses of over 2,000 project professionals and 300+ senior leaders around the world, paints what the report says is a concerning picture of project outcomes across various industries globally.
Image credit: photocosmos1 / Shutterstock.com Chancellor of the Exchequer, Jeremy Hunt (pictured), delivered his Spring Budget speech in the House of Commons on Wednesday 6 March. Below is a summary of the key announcements that could affect employers’ pay , pensions and benefits strategies: Spring Budget 2024: National insurance contribution (NIC) rate cut to 8% Spring Budget 2024: DC pensions required to disclose investment in UK equities Spring Budget 2024: TPR and FCA given powers to
1 in 4 organizations now leverage AI for HR. Discover how AI is reshaping hiring, learning, and performance management for more efficient HR practices. The post AI In HR 2024: Transforming Talent With Technology appeared first on Wellable.
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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