Wed.Nov 01, 2023

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How to support employees with better sleep habits

Employee Benefits

Symptoms of a lack of sleep in employees can include reduced concentration, impaired mobility and decreased reaction times. Sleep management and ensuring a better work-life balance should be a part of health and wellbeing strategies. Leading from the top down is effective in addressing that not prioritising rest results in poor long-term performance and wellbeing.

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Third of firms have adopted AI to replace or augment employees’ roles this year

Workplace Insight

According to Owl Labs ’ annual State of Hybrid Work Report , 32 percent of employees believe that AI will help them do their jobs more efficiently, while a further 22 percent think AI will create new jobs allowing their teams to grow. However, uncertainty around AI regulation and safety is causing ‘AI anxiety’ to grow, with nearly 1 in 5 UK workers (17 percent) concerned that AI will steal their jobs.

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Octopus Investments provides sleep support through wellbeing hub

Employee Benefits

Octopus Investments offers its 750 UK employees a range of support tools to help with their sleep as part of its wellbeing hub. Through the hub, the financial services firm’s employees can access a premium Headspace account which has dedicated sleep support from guided meditations, sleep casts, music and soundscapes. Emma Ryan, co-wellbeing lead at Octopus Group, says: “We also offer sleep support through Wellness Cloud, which provides one-to-one consultations to our employees in lots of a

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What is coinsurance?

PeopleKeep

If you have health insurance—whether through your employer or a policy you purchased on the individual market—it’s essential to know specific health insurance terminology. This can be confusing at first, but learning standard terms will help you understand what medical services your plan covers and how much you’ll pay out-of-pocket for care.

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Balancing Cost and Care: 3 Key Considerations for Cost Optimization in 2024

Discover essential strategies for employers to balance cost optimization with care. The Top priorities for employers in 2024 are retaining talent, growing revenue and sales, and attracting talent. To achieve these goals, employers are turning towards comprehensive total rewards strategies informed by data-driven insights. Hear from industry experts on cost optimization strategies and how to leverage these approaches for a healthier workforce.

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How to Implement HRIS Successfully: The Complete Checklist

Darwinbox

In today's fast-paced business landscape, companies are constantly seeking ways to optimize their operations and drive growth. Enter the human resource information system (HRIS), a game-changing software solution that automates tasks, consolidates data, and enhances employee management with remarkable efficiency. But implementing an HRIS is no small feat — it requires careful planning and strategic execution.

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Wellness for all ages: How DocHQ Health Checks cater to different stages of life

Employee Benefits

For many people, especially younger generations, testing their health is not something they might necessarily think about. For other generations, keeping an eye on certain health metrics is extremely important. That’s why health and wellbeing company DocHQ provides a range of at-home Health Checks that you can offer your employees so that they can receive information and feedback on a range of health needs, from vitamin levels to diabetes and menopausal hormones, whatever stage of life they may

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10 Benefits of Choosing the Best HR Software with an HRMS Portal: A Comprehensive Guide

Qandle

In today’s rapidly evolving business landscape, managing human resources efficiently is paramount for any organization’s success. With the advancement of technology, businesses are increasingly turning to Human Resource Management Systems (HRMS) integrated with robust HR software solutions. In this detailed and informative blog post, we will explore the top 10 benefits of selecting the best HR software with an HRMS portal.

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THE ART OF REWARDING YOUR PEOPLE AT CHRISTMAS

Employee Benefits

Something they want, something they need, give them a treat, and watch your business succeed. There’s an art to rewarding your people in a way they’ll truly appreciate and remember whilst making it sustainable for you. Did you know that we’re one of the leading UK digital voucher suppliers? By building powerful and trusted partnerships with our clients, merchants, and consumers, we can provide you with the best choice of retailers and money-saving deals.

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3 Ways to Improve Your Employee Benefits Communication

Best Money Moves

3 ways to improve your employee benefits communication. Use these 3 strategies to improve your employee benefits communication and help your team make the most of your benefits offerings. Even the most robust employee benefits programs can fall flat without clear communication. More than 40% of employees do not feel adequately informed about the programs their employers offer, according to a Financial Health Network poll.

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Individual Development Plan Template

There’s no way around it: sometimes employees need your help. Use this free template to clarify expectations, share resources, and set a timeline. Best case scenario, this process helps them improve. Worst case, your great recordkeeping keeps you compliant even if they move on. Download the template today!

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Adapting Benefits For A Multi-Generational Workforce

Wellable

With low job satisfaction rates across generations, tailored benefits emerge as a solution to appeal to a multi-generational workforce. The post Adapting Benefits For A Multi-Generational Workforce appeared first on Wellable.

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Realizing Return on Investment in AI-Powered HR Technology

Darwinbox

Every aspect of life and work is being transformed by AI. In the corporate sphere, AI affects business strategy, impacts employee productivity, and influences the changing experiences expected by customers and employees.

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IRS Announces 2024 Employee Benefit Plan Limits

McDermott Will & Emery Employee Benefits

The Internal Revenue Service recently announced the cost-of-living adjustments to the applicable dollar limits for various employer-sponsored retirement and welfare plans for 2024. Certain health and welfare plan limits have not yet been released. Most of the dollar limits that are subject to adjustment for cost-of-living increases will increase for 2024.

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Risks of Using Generative AI — How Darwinbox Mitigates These Risks

Darwinbox

In today's fast-paced, technology-driven landscape, the allure of Artificial Intelligence (AI) is more evident than ever, and this is nowhere more pronounced than in the rise of Generative AI frameworks. These tools, equipped with the remarkable capability to produce new, innovative content based on pre-existing data, have carved out a significant place for themselves in a multitude of industries, from entertainment and content creation to finance and healthcare.

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The Ultimate Performance Review Checklist

Performance reviews are a proactive way to engage with your employees, provide clear communication about expectations, and acknowledge them for their hard work. But getting the right framework and creating consistency across your organization can be tricky. We put together this checklist to help you evaluate your current performance review process and equip managers with the right tools to perform individual assessments.

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Telehealth's crossroads will dictate whether access to care is widened

Employee Benefit News

As Congress ponders virtual care's future, fortifying telehealth could help manage cold and flu season.

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8 Considerations for HRMS System Implementation

Darwinbox

Are you tired of spending hours on repetitive HR tasks? Implementing a human resource management system (HRMS) can streamline your processes and make life easier for you and your employees. It benefits not only the HR department but also empowers managers and employees with self-service capabilities. This article discusses the implementation strategies for a successful HRMS project.

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Benefit Trends Making Headlines: What to Know Now

International Foundation of Employee Benefit Plans

Weight loss drugs have remained the headlines for most of 2023 due to their impact on diseases like obesity and diabetes. We asked Barbara A. Martinez, National Practice Leader, Drug Solutions at Canada Life to share her insights on benefit trends, GLP-1 […] The post Benefit Trends Making Headlines: What to Know Now appeared first on Word on Benefits.

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Evaluating AI-Powered HR Technology Platforms for Increased ROI

Darwinbox

The HR technology industry is rapidly evolving. The key reason is how AI (Artificial Intelligence) is disrupting the way HR can augment technology in their functional services and employees’ work to elevate productivity and experience.

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Want To Enhance Your Total Rewards To Achieve Organizational Success? Start Here.

Are you looking for ways to enhance your employee value proposition? Gallagher Better Works SM Insights has got you covered! Dive into the latest magazine issue and discover how flexibility, equity, recognition and strategically applied resources can improve your total rewards package. Download the PDF to learn more about: Building retirement benefits for a global and mobile workforce Promoting employee and organizational growth through succession planning Empowering women in leadership through

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78% of employees with ADHD want more support. Here are the latest solutions

Employee Benefit News

A recent study from digital medicine platform Akili highlights the need for more inclusive mental health resources in the workplace.

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Importance of Data Quality in AI — Maintaining HR Data Integrity to Make Right Decisions

Darwinbox

Your AI performance is as good as its data. AI tools depend fully on its data to identify patterns, predict results, and advise. Hence, the effectiveness of AI-powered results is heavily anchored to the quality of data we utilize.

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US companies added fewer jobs than forecasted, ADP data shows

Employee Benefit News

U.S. companies added fewer jobs than forecast in October, suggesting demand for workers is starting to wane.

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Opportunity Knocks: At Long Last, IRS Determination Letter Program Is Open for 403(b) Plans

McDermott Will & Emery Employee Benefits

The Internal Revenue Service (IRS) recently opened a new determination letter approval program for 403(b) retirement plans—commonly used by nonprofit organizations—which allows sponsors of certain individually designed plans to apply for a favorable determination letter. Long available to 401(k) retirement plan sponsors, determination letters can provide sponsors with advance assurance from the IRS that plans […] The post Opportunity Knocks: At Long Last, IRS Determination Letter Program I

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How to Build the Ideal HR Team

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

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Register by November 3 for SSA's Semi-Annual Meeting on November 8

PayrollOrg

Register by November 3 to attend the Social Security Administration’s (SSA) semi-annual meeting on November 8.

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Higher deductibles, premiums and co-pays: Aflac previews healthcare in 2024

Employee Benefit News

Jeri Hawthorne, CHRO at Aflac, breaks down the gap between employer-provided benefits and employees' needs.

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Gender pay gap falls by a quarter over the last decade

Employee Benefits

The gender pay gap has fallen by one-quarter among full-time employees over the last decade to 7.7% in April 2023, according to figures from the Office for National Statistics (ONS). This figure is up from 7.6% in 2022, but is below the 9% gap before the Covid-19 pandemic in 2019. The gender pay gap for all employees decreased to 14.3% this year from 14.4% in 2022, and 17.4% in 2019.

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Don't let the end of daylight saving time derail your sleep

Employee Benefit News

Wellness platform Calm explored how poor sleep affects mental health and productivity, and launched a hotline to help employees rest.

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An HR Leaders Guide: 7 Questions To Ask When Developing Your Cancer Strategy

As HR and Benefits leaders are in the midst of evaluating cancer care solutions and designing their requirements for vendors, it’s key to know what questions to ask to ensure the development of a truly comprehensive strategy: from prevention to diagnosis to treatment to survivorship. Getting to the right answers starts with asking the right questions: How can better access improve engagement?