Money Talk

JANUARY 13, 2022

In this post, I continue my discussion of tips from webinars, podcasts, and virtual conferences that I heard during the last quarter of 2021. Below are 13 of my key take-aways: Avoid Complacency - Take proactive steps to stay on top of your finances. One webinar speaker recommended checking your bank balance daily because daily swipes on a debit card add up and many people have no idea how much money they have at a particular point in time or how much they are spending on “small stuff.

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HR Digest

JANUARY 13, 2022

One question arises in recent times and it speaks about the fear of the many employees who are afraid of the new technologies. Is AI changing the way we work? . The answer is yes, and we should be aware of the fact that AI is taking some jobs from the people but at the same time, it is creating new jobs that will be more paid and more beneficial. . Let’s dive into this subject and reveal how AI is changing the way we work.

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Employee Benefits

JANUARY 14, 2022

UK employers increased the amount of money they put aside for staff pay rises over the second half of last year, it has emerged. Research by global advisory, broking, and solutions company Willis Towers Watson (WTW) found that average 2022 pay hike budgets grew from 2.9% in July 2021 to 3.2% in December. If these budgets are fully spent, the average pay rise for UK employees would be a third greater this year than the 2.4% seen in 2021, according to the firm’s Salary budget planning repor

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Salary Technology Employee Benefits Employment 123

Best Money Moves

JANUARY 11, 2022

Improve employee retention in 2022: Utilize financial wellness benefits. Financial stress is an increasing contributor to high employee turnover and now, more than ever, your team needs relief. Last year, a record 38 million Americans left their jobs to look for new opportunities. As a result, employers in 2022 are dealing with low retention and high turnover, leading to a loss of top talent, increased operating costs and an overall unstable work environment. .

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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.

Payroll

Insperity

JANUARY 11, 2022

There are four words every company leader aspires to hear their employees say: “I love my job.”. These words mean that employees are happy and probably aren’t going to leave the company any time soon. Achieving this level of employee praise calls for more than just offering a job that aligns with someone’s interests and skills. Although the job itself is extremely important, this goes much further – it’s about creating a good workplace that makes people think twice about leaving.

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Health Benefits Package Professional Employer Organization Management 114

Employee Benefits

JANUARY 12, 2022

Operating across the Scottish highland region since 1994, Highland Home Carers (HHC) supports people living in their own homes with highly complex health and social care needs. It has a roster of more than 400 employees and has been an employee-owned organisation since 2004, rewarding staff with shares for working in challenging roles. The organisation has various schemes in place to both recognise these efforts from staff, and to help motivate them through difficult times.

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Florida Workers' Comp

JANUARY 13, 2022

Last fall I wrote about the amazing transition of the annual Zehmer Moot Court competition. This is usually held at the annual workers' compensation conference each August, but 2021 was delayed. In Perseverance and Poise (November 2021), I congratulated the organizers and participants for their successful pivot to a virtual preliminary round. I cannot stress enough the contributions of Hon.

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Business Management Daily

JANUARY 11, 2022

No employer wants to make a bad hiring decision. Bringing aboard someone who ends up performing inadequately or proving a poor cultural fit affects productivity and office morale. Whether you end up firing the new person or the individual realizes on his own that this job isn’t for him and leaves, the company is back to square one in the hiring process — plus time and money wasted.

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HR Digest

JANUARY 8, 2022

This is one of the common job interview questions asking you to describe the positive attribute that will help you succeed in the position for which you are interviewing. The interviewer wants to know what makes you exceptional, valuable, powerful and unstoppable? Of course, every job requires different skills and attributes; therefore, it is important that when answering this question, you provide an example that relates specifically to the type of work that you will be doing if they hire you f

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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.

Management

Employee Benefits

JANUARY 11, 2022

Swedish retail giant Ikea has cut sick pay for unvaccinated staff in the UK who need to self-isolate as a result of being exposed to Covid-19 (Coronavirus). The decision by the business, which employs about 10,000 people across 22 stores in this country, could see unvaccinated workers who have been required to stay at home but not confirmed as having the virus receive just £96.35 a week, which is the statutory sick pay (SSP) minimum.

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Florida Workers' Comp

JANUARY 9, 2022

It has been a tough 2022 (I am cognizant that we are less than 10 days in). Yesterday (01.08.22) brought unwelcome news, a phone call in the mid afternoon. Calls like this are surreal, and I often struggle to accept that I have heard the caller correctly. In this instance, stated simply, "Robert Dietz died last night." The statement surprised me, and for a moment I was literally speechless.

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Wellable

JANUARY 12, 2022

Organizations often schedule large events for the purposes of training, networking, and disseminating pertinent information to and from experts. For example, companies run conferences to discuss best practices and orchestrate health fairs to provide employees with an opportunity to learn about available benefits and interact with a variety of health and wellness experts.

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HR Digest

JANUARY 13, 2022

We know that it’s easier said than done, but when you want your business to grow, you need to collaborate with a formidable hybrid workforce willing to do more than one thing. It can be difficult for companies that are either brand new or just getting off the ground because they don’t have the resources like others out there. . How do you collaborate with a hybrid workforce?

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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.

Employee Benefits

JANUARY 10, 2022

Half of organisations that have not begun to invest in equality, diversity, inclusion and belonging (EDIB) suffered a decline in employee engagement over a 12-month period, research has shown. Employee engagement service WorkBuzz’s The state of employee engagement report, based on insight from more than 300 organisational leaders, HR professionals, and industry experts, discovered that employers progressing EDIB initiatives were more likely to report increased employee engagement levels.

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BerniePortal

JANUARY 14, 2022

Almost a week after hearing oral arguments, on January 13, the Supreme Court of the United States blocked the Occupational Safety and Health Administration (OSHA) from implementing and enforcing its Emergency Temporary Standard (ETS) requiring large private employers to enact a vaccinate-or-test policy mitigating the spread of COVID in the workplace.

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cipHR

JANUARY 11, 2022

The new year brings a new start for people’s finances, giving you the chance to re-evaluate your situation and make changes based on your priorities. This could begin with making a plan to pay off any outstanding debts that have been causing stress, or just being aware of changes that may impact your finances. Here, to help you with your finances this year, we’re sharing the key things you need to be aware of, and the three actions you should be taking.

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Darwinbox

JANUARY 10, 2022

It is true that alone we can do so little, together we can do so much!

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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.

Employee Wellness

Employee Benefits

JANUARY 10, 2022

Shareholder returns that feed into UK workers’ pensions “disproportionately benefit a wealthy minority”, according to a report put together by the TUC, think tank Common Wealth and the High Pay Centre. The study found that almost one in three UK shares was held by a UK pension fund in 1990 yet this had declined to 2.4% by 2018 so listed companies paying out in dividends and buybacks had a much smaller impact on pension wealth.

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Pension Employee Benefits IT 104

Empuls

JANUARY 12, 2022

Whatever be the size or type of an organization, one of the biggest and most enduring challenges that managers face is getting their team to do their best work. Why do people do what they do, and how do you influence them - these are puzzles that can be traced back centuries. From Aristotle to Abraham Maslow, Sigmund Freud to Adam Smith, many thinkers and psychologists have spent a lifetime of effort in understanding human behavior.

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McDermott Will & Emery Employee Benefits

JANUARY 12, 2022

What are an employee stock ownership plan’s (ESOP) internal trustee’s fiduciary duties? What are some of the most common liability areas for trustees? And how can trustees prevent common liability pitfalls? In this presentation, McDermott Partner J. Christian Nemeth offers insight into fiduciary duties, standards and best practices. Access the slides.

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BerniePortal

JANUARY 10, 2022

ERISA covers more benefits plans than many employers realize, and it takes more than a plan booklet to comply with federal regulation. How can small businesses simplify compliance with an ERISA wrap document? Find out more.

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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

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Wellable

JANUARY 10, 2022

According to the American Psychological Association, socioeconomic status (SES) “is the social standing or class of an individual or group” and “is often measured as a combination of education, income, and occupation.”.

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Kollath CPA

JANUARY 13, 2022

What Exactly Is a “Tax Year”? A tax year is an annual accounting period for keeping records and reporting income and expenses. Types of Tax Year. Calendar year — 12 consecutive months, beginning January 1 and ending December 31. Fiscal year — 12 consecutive months ending on the last day of the month except in December. A 52-53-week tax year is a fiscal tax year that varies from 52 to 53 weeks but doesn’t have to end on the last day of the month.

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McDermott Will & Emery Employee Benefits

JANUARY 13, 2022

While remote work provides many conveniences, the office offers an ‘interpersonal glue’ that is difficult to replicate when working from home. As McDermott Partner Tina Martini notes in this Chicago Lawyer article, there are countless opportunities to develop professional and personal relationships in the office. “I don’t think I would be where I am today […].

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BerniePortal

JANUARY 11, 2022

As the new year is upon us, many companies are ramping up their recruitment efforts to fill open spots on their team. While recruiting and hiring new team members imposes a list of challenges, adding in COVID compliance adds another layer of complication. Read on for a few tips on how to remain compliant throughout your whole hiring process this year.

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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.

Management