Tue.Oct 31, 2023

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President Biden Issues Executive Order to Establish AI Standards

PayrollOrg

On October 30, President Biden issued an Executive Order that establishes new standards for artificial intelligence (AI) safety and security.

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87% of employers have heard wellbeing concerns from staff

Employee Benefits

The majority (87%) of organisations have been approached by an employee in the past 12 months to discuss concerns relating to their wellbeing, according to new research from Mintago. The fintech startup surveyed 503 senior managers within UK-based organisations in both the public and private sector, and found that mental health (48%), job satisfaction (43%) and financial wellbeing (40%) were the most prevalent concerns that employees spoke to their managers about.

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20 Best 360 Degree Feedback: Examples, Templates, and Best Practices

Qandle

In today’s competitive workplace, effective feedback mechanisms are essential for fostering growth and development among employees. One such powerful tool is the 360-degree feedback system. What is 360 Degree Feedback? 360-degree feedback, also known as multi-rater feedback or 360 feedback, is a comprehensive performance assessment method used in organizations to gather feedback from multiple sources about an individual’s skills, competencies, and behaviors.

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WEALTH at work launch NEW Corporate ISA

Employee Benefits

In today’s economic climate, helping employees to build their financial resilience and providing them with the knowledge and tools to do so, has never been so important. Whilst a workplace pension provides a savings vehicle for retirement, many organisations want to put in place a tax efficient savings option for those looking to save in general and build financial resilience.

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Improving Access To & Utilization Of Cancer Screening With Color

Discover how Color's comprehensive care solution is revolutionizing cancer screening adherence and knowledge. Through an in-depth case study, Color's unique approach to comprehensive cancer care has shown significant benefits in increasing screening rates and enhancing patient knowledge. Participants reported a 2-3x increase in adherence to screening guidelines over just 8 weeks, with 84% of participants increasing their familiarity with timing and frequency of cancer screening.

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The post-open enrollment checklist you’ve been waiting for

WEX Inc.

Open enrollment season is a marathon of important decisions, paperwork, and deadlines for HR teams, so the relief of the season ending is undeniable. But, before you move on from open enrollment, there’s a crucial step that’s often overlooked: the post-open enrollment checklist. Keep reading as we take you through the essential tasks and considerations you need to address after the enrollment period ends, ensuring that your employees are ready to take full advantage of their benefits choices nex

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CVS and Walgreens pharmacists plan to strike

Employee Benefit News

Over 2,000 US pharmacists plan to walk off the job this week to pressure national drugstore chains to address poor working conditions.

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CMS Announces New GUIDE Model to Support People Living with Dementia and Their Caregivers

McDermott Will & Emery Employee Benefits

To support people living with dementia and their unpaid caregivers, the US Centers for Medicare & Medicaid Services recently announced the Guiding an Improved Dementia Experience (GUIDE) Model, a new, voluntary and nationwide test model designed specifically for these two rapidly growing demographic groups. The model will offer care coordination and care management for individuals […] The post CMS Announces New GUIDE Model to Support People Living with Dementia and Their Caregivers app

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Ghouls? Ghosts? Layoffs? Employees share their biggest workplace fears

Employee Benefit News

A recent poll from job search platform Monster uncovered the workplace anxieties currently plaguing employees.

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High-potential leadership programs: The bridge from individual contributor to leader

Insperity

Do you have employees who you suspect are extraordinary? Perhaps even leadership material? Even if you don’t have an open spot among the ranks of management to promote them immediately, it’s important to let them know you value them and want to prepare them to advance into leadership when the time comes. Your workplace may need a high-potential leadership program.

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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 write a cover letter that will get you hired

Employee Benefit News

Toni Frana, lead career expert at Flexjobs, breaks down the purpose and structure of a good cover letter.

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TRICK-or-TREAT? DOL Proposes Spooky New “Retirement Security Rule” That Would Expand the Scope of Fiduciary “Investment Advice”

Proskauer's Employee Benefits & Executive Compensa

Responding to the “terrifying” reality that conflicted investment advice is costing retirement savers billions of dollars each year, on October 31, 2023, the Department of Labor (“DOL”) issued proposed rules representing its latest attempt to expand what it means to be providing “investment advice” for a fee under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”) and Section 4975 of the Internal Revenue Code of 1986, as amended (the “Code”).

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Rethinking long-term parental benefits and well-being

Employee Benefit News

There's more than one path to parenthood, and when employers recognize this, everyone benefits

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10 Best Punch List Software of 2023

HR Lineup

In the ever-evolving construction and project management industry, efficiency and accuracy are paramount. Punch lists, which detail the final tasks and items that need to be completed before a project can be considered finished, play a crucial role in ensuring the quality and completeness of construction projects. As we step into 2023, the demand for advanced punch list software is higher than ever.

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From Prevention to Remission: How HR Can Support Employees Facing Cancer Diagnoses

Explore the latest insights from the American Cancer Society's “Cancer Statistics 2024” report, which unveils multiple alarming trends in cancer data. Cancer is on the rise among young adults, and diagnoses for 6 of the 10 most common cancers are escalating. With over 2 million new cancer cases projected in the U.S. this year, employers face increased challenges when it comes to supporting employees.

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82% of employers introduced support for World Menopause Day

Employee Benefits

Employee Benefits poll: 82% of organisations introduced support or initiatives to mark World Menopause Day (18 October), according to a survey of Employee Benefits readers. Employers responded that they had implemented other types of support or initiatives to commemorate World Menopause Day, such as a dedicated menopause policy and an employee network (14.2%), and partnered with a provider to offer support (18%).

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Earned Wage Access: Why HR Leaders Shouldn’t Fear This Breakthrough Benefit

TalentCulture - Employee Benefits

The pandemic and inflationary conditions are putting extraordinary pressure on workers to provide for their families. In fact, the U.S. government estimates that nearly 40% of citizens would struggle to cover the cost of a $400 emergency. What’s more, 60% of survey respondents told Bankrate they’re falling behind in saving for an unexpected expense.

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Hargreaves Lansdown becomes endometriosis-friendly employer

Employee Benefits

Financial services firm Hargreaves Lansdown has received endometriosis-friendly employer accreditation as part of its aim to drive positive change for women and those assigned female at birth. By signing up to the scheme, the firm has committed to review, update and implement policies to support those with endometriosis, provide managers with information and guidance to support staff, offer flexible working where possible, create an endometriosis champion, actively tackle stigma around it, raise

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CVS and Walgreens Employees Stage Walkout as Protest

HR Digest

Employees at some of the largest drugstore chains in U.S. like CVS and Walgreens , staged a new series of walkouts across the country on Monday. The CVS walkout along with Walgreens walkout is for the demand that the companies fix what employees say are harsh working conditions. These conditions make it difficult for them to safely fill prescriptions, which could put the health of their customers at risk.

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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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NHS Scotland launches menopause and menstrual health policy

Employee Benefits

NHS Scotland has introduced a menopause and menstrual health workplace policy in order to create an environment where its female employees feel confident in raising health issues. The policy, which applies to all employees, bank, agency and sessional workers, reflects recommendations from a study of NHS employees by Professor Kathleen Riach, supported by the Scottish government.

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Demystifying Energy Contracts: How a Senior Analyst’s Approach Can Optimize Redline Reviews

Professionals Alternative

[link] Demystifying Energy Contracts: How a Senior Analyst’s Approach Can Optimize Redline Reviews Introduction to Energy Contracts Energy contracts play a crucial role in the commodities market, facilitating the buying and selling of physical and financial energy commodity trades such as crude, refined products, and NGLs. These contracts are complex legal documents that require a keen eye for detail and a deep understanding of the industry.

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Benefits of outsourcing HR for small businesses

Business Management Daily

HR administration is an essential component of running a small business, but it’s often one of the most challenging to manage in the early stages of small business or start-up operations. Most small businesses focus on their product/service team and sales staff in the early years, but someone still needs to run payroll and handle onboarding for new hires.

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What's the Difference: Copays, Deductibles, Coinsurance

BerniePortal

Copays, deductibles, and coinsurance are all out-of-pocket expenses that represent the portion that an individual is required to pay either before or after health insurance covers additional costs. Understanding how each works and what is required can help you choose the right plan for you and your family and plan better financially.

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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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10 HR Best Practices When Working With a Remote, Global Team

Hppy

In today’s interconnected world, many businesses tap into the benefits of having a global, remote team. While this setup offers advantages like access to diverse talent and increased flexibility, it also poses unique challenges. HR practices must adapt to ensure efficient coordination, effective communication, and a supportive work culture across different cultures.

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The Value Exchange

Florida Workers' Comp

I hear a great deal about the challenges of running a business in the post-pandemic world. There is seemingly a strained relationship between management and labor. There are expectations on both sides of the equation and for whatever reason those are not always in sync. This leads some to despair for the future. It leads to complaints from both sides of the relationship.

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Simplifying the STAR Interview Technique for Your Next Interview

HR Digest

SOARA method, CAR technique, SAO question, STAR interviewing technique—the variations keep pouring in. Whatever you prefer to call it, these techniques refer to quick and efficient ways to prepare for an interview. You might have rehearsed your career history and have your goals and aspirations ready on the tip of your tongue, but many interview questions choose to shift the focus from what you know to how you behave instead.

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Earned Wage Access: Why HR Leaders Shouldn’t Fear This Breakthrough Benefit

TalentCulture - Employee Benefits

The pandemic and inflationary conditions are putting extraordinary pressure on workers to provide for their families. In fact, the U.S. government estimates that nearly 40% of citizens would struggle to cover the cost of a $400 emergency. What’s more, 60% of survey respondents told Bankrate they’re falling behind in saving for an unexpected expense.

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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