November, 2024

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California, New York, and Virgin Islands Face FUTA Credit Reduction for 2024

PayrollOrg

According to the U.S. Department of Labor, California, New York, and the U.S. Virgin Islands could not pay back their federal loans by the November 10, 2024, deadline and will lose the full Federal Unemployment Tax Act (FUTA) credit for 2024.

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Spending Money: Insights and Recommendations

Money Talk

Recent data from government agencies and retailer organizations indicate that U.S. consumers have continued to spend money robustly in 2024 even with inflation increasing the cost of many goods and services (a.k.a., cost-of-living creep). Not surprisingly, delinquency rates on credit cards have increased, with 8.9% of balances transitioning into delinquency during the past year according to data from the Federal Reserve Bank of New York.

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Most PRs and journalists now use generative AI to create content, but keep quiet about it

Workplace Insight

A new report claims that while the majority of content writers in the UK’s PR and communications industry are using generative AI tools, most are doing so without their managers’ knowledge. The study, titled CheatGPT? Generative text AI use in the UK’s PR and communications profession , claims to be the first to explore the integration of generative AI (Gen AI) in the sector, uncovering both its benefits and the ethical dilemmas it presents.

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How to Better Yourself: 25 Tips to Improve Yourself Everyday

BetterUp

Do you feel stuck in a rut? It can feel frustrating to be stuck in the same place and feel like nothing is changing. When you’re languishing , it feels like you’re not moving forward toward your goals. One of the ways to break this rut is to take action. Making a conscious decision to better yourself can be empowering and motivating.

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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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Canada Post Strike Announced: What’s Going to Happen to the Mail?

HR Digest

Postal workers play a critical role in any country, more so with the holiday season fast approaching. Taking a page out of the NYT tech workers’ books , the same employees who went on strike to stand up for their rights during a critical period for their organization recently, Canada Post workers are now on strike. Around 55,000 workers announced a nationwide postal strike in Canada, their first in 2024, and the first since 2018.

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IRS Announces 2025 Retirement Plan Contribution, Benefit Limits

PayrollOrg

The IRS announced the changes to the dollar limits on benefits and contributions under qualified retirement plans for tax year 2025.

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Highlights of Recent Webinars

Money Talk

It’s that time again! Every so often, I like to review and summarize my notes from recent webinars and classes. Below are some interesting tidbits that caught my attention from recent programs: Financial Education - Financial educators don’t teach content- we teach human beings- and our authentic self is an advantage. Share stories of your struggles as well as your successes to accrue trust over time.

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Economic and political uncertainty continue to dampen commercial property market sentiment

Workplace Insight

The outlook for the European commercial property market is cautiously optimistic despite growing geopolitical uncertainty and concerns about economic growth, with London, Madrid and Paris emerging as the standout performers, according to a new report by PwC and the Urban Land Institute (ULI). The report – Emerging Trends in Real Estate Europe 2025 outlines how market players believe ‘a new normal’ is emerging as valuations have come down and interest rates regain some level

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What does it take to build better employee wellness programs?

Employee Benefit News

As new generations of talent continue to introduce new ideas for what benefit packages should include, executives are looking to outside experts and internal staff feedback for where to improve.

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4-Week Roadmap for New Hires

Nearly one-quarter of employees (23%) admit they’ve cried within the first week! Give new hires a positive start with this four-week onboarding roadmap. This schedule outlines all the turns, detours, and speedbumps new hires can expect in their first month. We’ve included suggestions for each week to help you make your new employees’ highway to success an easy road.

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Coping with Post-Election Stress and Reuniting After the Presidential Election

eni

Election seasons can bring excitement and energy, but they can also lead to heightened stress, anxiety, and even division among family, friends, and colleagues. Once the election is over, it’s natural to experience a range of emotions, especially if the results didn’t align with personal hopes or if the tension leading up to the results took an emotional toll.

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Pertinent Questions

Florida Workers' Comp

I get some intriguing emails from time to time. I received one recently in which the inquirer expressed some questions for the good of the community. The writer laid claim to the role of "sounding board" and suggested that dissemination of information would benefit the workers' compensation community writ large. There is no prohibition on asking broad questions.

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IRS Reminds Employers of November Deadline for ERC Program

PayrollOrg

Employers can apply for the IRS’s employee retention credit (ERC) voluntary disclosure program until November 22.

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Employee wellness programs: Boosting productivity and retention

Business Management Daily

Keeping employees happy and healthy is essential to maintaining peak productivity and a positive work environment. You already have initiatives and benefits to support employees. These include health coverage and vacation time. They are designed to help employees prioritize their well-being, including physical and mental well-being. However, promoting employee well-being continues after paid time off and health benefits.

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How to Make The Best Benefits Decisions for 2025's Workforce: An HR and Total Rewards Guide

Speaker: Kaitlin Ruby Carroll

Retaining top talent in 2025 means rethinking benefits. In a competitive job market, fertility benefits are more than just offerings - they are a commitment to your team’s well-being. Gain critical insights into the latest fertility benefits strategies that can help position your organization as an industry leader. Our expert will explore the unique advantages and challenges of each model, share success stories from top organizations, and offer practical strategies to make benefits decisions tha

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University staff love to connect on campus, but also value time working from home

Workplace Insight

A new report from Hassell, the 2024 Education Futures Survey , explores how hybrid working is reshaping the needs and expectations of Australian university staff. Based on responses from 300 university employees and a benchmark group of 500 office workers, the survey reveals distinct trends in campus work culture and the growing preference for in-person interactions among academic staff, coupled with a desire to continue working from home when needed.

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Best of the week news roundup

Employee Benefit News

Our coverage this week includes the importance of creating a supportive workplace for people in recovery; a surprising list of products employees can buy with their leftover FSA funds; the steps employers can take to encourage workers to save for emergencies and retirement; and more.

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Switching Sides—Gen Z Shows Interest in Taking up Skilled Trades

HR Digest

Leave it to the Gen Zers to pull another surprise out of their bags. According to recent reports, Gen Z is showing interest in skilled trades careers, shifting away from the current emphasis on corporate work. Globally, blue-collar jobs and skilled trades are treated as the inferior option to building a career in engineering or HR, and this attitude has significantly reduced the number of individuals interested in working a hands-on job.

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Armistice Yesterday

Florida Workers' Comp

Somehow, the Beatles came to me this week. I was thinking about the holiday on November 11, 2024 and various thoughts ran through my head. First was that I don't post on Mondays, and second that I could always publish about Yesterday (EMI, 1965). Well, November 11 was yesterday, but so too were so many memories, cataclysms, and heroes. We cannot change yesterday.

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Reduce Bias in Hiring: Structured Interview Questions for Employers

Structured interview questions are a valuable tool for reducing bias in hiring. They help: Ensure all candidates are asked the same questions in the same way Level the playing field so all candidates have a fair chance of being successful Improve credibility, reliability, and validity Download the guide to get the most out of your interview questions!

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Holiday Incentive Pay Must Be Included in Colorado Overtime Calculations

PayrollOrg

The Colorado Supreme Court ruled that holiday incentive pay must be included in the calculation of the regular rate of pay.

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Darwinbox Rises as a Challenger in Gartner’s 2024 Magic Quadrant for Cloud HCM Suites

Darwinbox

This recognition by Gartner reaffirms Darwinbox's commitment to transforming HR tech with solutions that are built for change, innovation, and adaptability, catering to enterprises of all sizes.

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Is salutogenic design the next big issue for the workplace?

Workplace Insight

A number of progressive workplace issues have crossed into mainstream thinking over the past few years, and perhaps none more so than biophilia. It is now a principle that has become an issue talked about in the mass media, as shown by a CNN interview with one of Europe’s leading proponents of biophilic office design, Oliver Heath. The interview explores how biophilia taps into our embedded love of nature to evoke certain behaviours and emotions.

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The case for becoming a recovery-friendly workplace

Employee Benefit News

Mark Bonta has witnessed the effects of substance use disorders on employees. Now he is educating other employers on how to support workers in recovery.

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The Diversity Reckoning: Can HR Survive Without New Perspectives?

Speaker: Jeremy York

2024 has tested every organization, and 2025 promises no less - the warning signs are everywhere. If you’re relying on superficial approaches to diversity, you might find yourself scrambling to catch up. Thought diversity - the fuel for new ideas, fresh perspectives, and disruptive innovation - is more than a buzzword. It's a survival strategy. And if you’re not building it into your workplace culture right now , you’re heading for trouble.

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23andMe Succumbs to Layoffs, Cutting 40% of Its Workforce

HR Digest

The shifting economic systems and unpredictable labor market have had an effect on the most unexpected of industries. Genetic testing company 23andMe has announced layoffs at its organization, with plans to bring down its workforce by 40%. As a result, the workforce cuts will affect around 200 employees. 23andMe is in pursuit of a strategic shift away from its research business wing and the development of new therapies, and will instead focus its attention on genetic testing and selling its exis

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X-Files or Poltergeist?

Florida Workers' Comp

The "Godfather of AI" recently gave an interview that is available on YouTube. Dr. Geoffrey Hinton is a British computer scientist, and he is convinced that we will soon have "things more intelligent than us." He is convinced that the machines can think, have experiences, and can make decisions based on their experiences. They currently lack self-awareness, but he is convinced they will become self-aware.

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HSA vs. FSA: See how you’ll save with each

WEX Inc.

Participating in a health savings account (HSA) or flexible spending account (FSA) is a great way to save money. Below, we’ve outlined the key differences of an HSA vs. FSA so you can see how they work, the advantages to each, and why you should participate in them. Health savings account An HSA is an individually owned benefits plan funded by you or your employer that lets you save on purchases of eligible expenses.

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Employee Data: Meaning, Types, and Best Practices

HR Lineup

Employee data has become a crucial asset for businesses seeking to optimize their workforce management, ensure compliance, and enhance employee engagement. This information provides insights into various aspects of employees’ work life, professional development, and well-being, allowing companies to make data-driven decisions. However, managing employee data also entails a responsibility to handle it ethically and securely.

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Testing Innovations in Cancer: How to evaluate and use new technologies

Amidst rising cancer prevalence and soaring costs, new cancer technologies and innovations are emerging to support the early detection, treatment, and surveillance of cancer. Read this guide to understand how to evaluate these solutions for your employees and members – and to learn more about the current state of coverage, clinical and cost effectiveness, and impact on quality and outcomes.