Sat.Dec 25, 2021 - Fri.Dec 31, 2021

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21 Financial Events and Trends During 2021

Money Talk

Between December 11 and 31, I have been tweeting about 21 key financial events that took place during 2021 using the hashtag #21MoneyTrends2021. Below is a written summary of these financial milestones and their impact on family finances. 1. Income and Jobs- An unprecedented 1 in 4 American workers quit jobs in 2021 as people re-evaluated work requirements, personal values, career options, and work-life balance.

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5 ways to build a sense of belonging at work

Achievers

You feel a sense of belonging when you are connected to and secure within a community. You might feel like you belong when among family, close friends, or colleagues. Wherever your true self feels at home and safe is where you belong. Is your organization ready to commit to creating an environment where all team members feel that they belong? It’s worth the effort: employees with a strong sense of belonging are ten times more likely to recommend their organization as a great play to work and fee

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CAN VETERANS GET SSDI BENEFITS IF THEY BECOME DISABLED WHILE ON ACTIVE MILITARY SERVICE?

Attorney Charlie Hall

Yes. Disabled veterans can apply and get Social Security Disability Insurance at the same time as Veteran Administration (VA) Disability Compensation. Getting approved for disability benefits provides increased income stability for veterans and their families. A veteran disabled while on active military service can get approval for SSDI benefits only if he or she meets the Social Security Administration’s strict definition of disability.

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How Entrepreneurs Can Manage Financial Risks when Starting a Business

Take It Personel-ly

When starting a new business, a certain amount of financial risk is always guaranteed. From a lack of insurance and overly rapid growth to unstable economic environments, there are a number of internal and external factors that could present potential financial risks. And as approximately 90% of all startups fail in their first few years […].

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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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Why Investing in Employee Training Should Be Your Top Priority

HR Digest

Investing in employees can be a win-win situation for both managers and employees. If you have a company, you will need to invest in your employees’ skills in order to stay competitive in the market. Each employee has a certain amount of skills, but building the skills further can only bring benefits. . In this space, you will find out more about the importance of investing in employees and how these investments can be done in a good way.

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Can you have two health insurance plans?

PeopleKeep

Navigating the world of health insurance can be tricky, especially if you’ve found yourself with more than one health insurance plan to figure out. While most Americans only have one plan, known as “primary” insurance, some individuals will have another plan, known as “secondary” insurance. While it sounds confusing, having dual insurance like this is perfectly legal—you just need to make sure you’re coordinating your two benefits correctly to make sure your medical expenses are being covered co

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7 KPIs of customer service small businesses need to focus on

Take It Personel-ly

As a small business owner, you very well understand the significance of customer service. Customer service is a key result area (KRA) that requires constant attention and innovation. Besides, the mathematics of customer service and customer experience is quite simple. The better customer service you deliver the better will be the prospects of business growth. […].

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A Zoom Job Interview: How to Zoom in to Your Strengths

HR Digest

It is true that a new level of flexibility has opened up, especially in the Pandemic’s aftermath. A Zoom job interview, at least for the initial screening rounds , has become the norm, as it provides easy access and can be conducted at any given time. Zoom is one of the many software that allows video conferencing, along with options to record, chat, mute and share screens during the call.

Software 109
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6 lessons from the pandemic that leaders will carry with them

Business Management Daily

While the COVID-19 pandemic certainly was not a welcome event, it did serve as a learning experience for many leaders. The events that transpired, and their impact on many businesses, drew a clear distinction between successful businesses and those that couldn’t keep up. A key part of that distinction came from an organization’s leadership.

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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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The Symbiotic Relationship Between Organizational Culture And Artificial Intelligence

Wellable

According to a recent Massachusetts Institute of Technology (MIT) report , artificial intelligence (AI) and organizational culture can form a mutually beneficial relationship. Researchers found that when properly utilized, AI can help organizations strengthen their cultures and that strong cultures can help companies make more effective use of AI.

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Why on-demand pay is an increasingly popular employee benefit

Pacific Prime

Instead of dipping into their overdraft or maxing out their credit cards, many employees are asking their employers for an advance on their salary in the form of on-demand pay. This immediate access to their wages helps employees solve their poor cash flow problem and alleviate any financial pressures in a sustainable, worry-free manner. So. The post Why on-demand pay is an increasingly popular employee benefit appeared first on Pacific Prime's Blog.

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How To Talk About Your Weaknesses In A Job Interview

HR Digest

We all have weaknesses, but what are you supposed to say when an interviewer asks you about your weakness in a job interview? You mustn’t just tell them something generic like “I’m too hard on myself.” That answer is so cliche! At the same time, you want to be honest. Finding out what your weaknesses are before going into an interview can be intimidating.

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HSA Best Practices for Employees Over 65

BerniePortal

A recent analysis found that more than 3 million baby boomers retired prematurely due to COVID-19. And while retirement is calling for a significant portion of boomers, many may choose to remain in their roles well past age 65—when most people qualify for Medicare benefits. Employers and benefits providers need to keep in mind the healthcare options available to their employees as they reach this age, and the three major changes that take effect.

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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.

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Study: Impact Of Commuting On Workplace Performance

Wellable

As employers develop long-term workplace strategies, one question continues to linger on the minds of human resources professionals—how much time, if any, should employees be on-site? Although there are several factors that determine the optimal balance between in-person and remote work , employee performance and productivity is high on the list. Employers are quickly realizing that the flexibility benefits of remote work come with unintended consequences.

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Tenth Circuit Compels Arbitration in Overtime, Joint Employer Case

McDermott Will & Emery Employee Benefits

A recent US Court of Appeals for the Tenth Circuit ruling determined that a pipeline inspector’s Fair Labor Standards Act (FLSA) lawsuit against an energy company could not be adjudicated without involving the subcontractor that paid his wages. According to this Law360 article, the Tenth Circuit ruled that the inspector was trying to play “fast […].

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The Huge Cost of Bad Hires — And How to Stop It

Take It Personel-ly

here’s one word that makes C-level executives, human resources departments, operations personnel, sales teams and financial staffs shake with fear: Turnover. When a single new hire isn’t the best fit for the position or for the company, organizations can chalk it up to bad luck. But consistent turnover can affect almost every part of an […].

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Education vs. Experience: How to Start Your HR Career | BerniePortal

BerniePortal

As one year ends and another begins , it’s natural to start reflecting on where you are and thinking about where you’d like to go. Whether you’ve had HR responsibilities for years without the credentials or you’re interested in starting a whole new career in HR, now’s the time to think about your career goals. There are many paths to a meaningful and rewarding career in HR.

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7 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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Managing remote teams: 9 tips to handle difficult conversations over distances

Insperity

For leaders who are new to virtual work environments, managing remote teams can feel especially complicated. After all, you can’t just walk down the hall to see and talk to everyone. You can’t conduct an impromptu meeting whenever you want. You can’t check in with employees on a whim. To a certain extent, the separation, distance and lack of in-person interaction can create mystery and disconnection.

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Labor Under Biden: What Employers Need to Know

McDermott Will & Emery Employee Benefits

Before the 2020 election, then-US Presidential candidate Joe Biden vowed to be the “strongest labor president you have ever had.” Now having been in office for almost a year, how has President Biden changed the country’s labor environment, and what can employers expect out of his administration? In these slides, McDermott Partners Ron Holland and […].

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Hospital Indemnity Insurance a Key Voluntary Benefit

InterWest Insurance Services

Most employers offer major medical coverage to their full-time employees. But that still leaves workers and their families with significant exposure to financial hardship in the event of a serious medical emergency. For example, even with insurance, treating a broken leg or undergoing emergency appendicitis surgery can mean thousands of dollars in out-of-pocket medical costs.

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5 Questions to Ask About Your Prescription Drug Coverage

BerniePortal

It’s becoming an increasingly common experience for someone with a medical need to leave the pharmacy empty handed. Drugstore sticker shock has many contributing factors—many of them outside any individual’s control—but it’s possible for you to save money on the prescriptions you need by choosing the right health plan. How? Here are five questions to consider when choosing a health plan to reduce your prescription costs.

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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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Checklist: Did you meet your HR KPIs this year?

Insperity

We track HR key performance indicators (KPIs) to understand how our HR practices are contributing to our organizations as a whole and to gauge their impact on profitability. But how does an HR team go about measuring the success of their HR strategy at year-end? How are HR KPIs best reviewed? And what are some core HR KPI examples? Whether you’ve closely monitored your HR scorecard all year or just want to pull some helpful statistics retroactively, conducting a thorough annual review of your HR

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Round Up of 2021 Legal Issues for US Remote Workers

McDermott Will & Emery Employee Benefits

In a global interview panel sponsored by Lexology, McDermott Partner Carole A. Spink discusses the most critical US legal issues for remote workers. Spink explains how US employers can best prepare for the continuation of remote work and its corresponding legal complexities. Access the report. The post Round Up of 2021 Legal Issues for US Remote Workers appeared first on EMPLOYEE BENEFITS BLOG.

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Get to Know Social Security Tax Inside and Out Before Writing That Paycheck

Patriot Software

Employers are responsible for withholding, remitting, and filing payroll taxes on behalf of their employees. And, there are some taxes you contribute on behalf of your employees. Social Security tax is one of those essential taxes that impacts both the employer and the employee. Keep reading to find out the answers to questions like: What […] READ MORE.

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Is Pregnancy a Qualifying Event? | BerniePortal

BerniePortal

Is pregnancy a qualifying event ? Can an expectant mother be added to a group health plan as a dependent when she finds out about the pregnancy? When an employee finds out she is pregnant, these are often questions directed at HR. Find out if pregnancy is considered a qualifying event and how to answer other frequently asked questions from expectant mothers.

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7 Common ACA Compliance Pitfalls and How to Avoid Them

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.