Tue.Dec 12, 2023

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Artificial Intelligence: What HR Pros Can Do to Prepare For the Future

HR Bartender

Estimated reading time: 8 minutes Not a day goes by without some news about artificial intelligence (AI). The latest being the ouster – and return – of OpenAI CEO Sam Altman. The world of AI is exciting, dynamic, and full of potential. Just like human resources. Artificial intelligence is changing our jobs and the HR function. Regardless of where you and your organization are regarding AI adoption, it’s important to stay on top of the latest developments.

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The Florida OJCC Today

Florida Workers' Comp

The 2022-23 Florida OJCC Annual Report is likely the most introspective annual review in the world of workers' compensation adjudication. It is a broad and deep analysis of where the adjudication process is and what its trajectory has looked like in the last year. The following is excerpted from the report, which is available in its entirety on the OJCC website , along with 23 prior renditions of this expose.

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Half of HR teams to prioritise preparing for AI’s impact in 2024

Employee Benefits

More than half (55%) of HR teams say their top priority for 2024 will be preparing their organisation for the impact of artificial intelligence (AI) and automation, according to research by digital services and payments platform Edenred. Its annual People barometer 2023 also found that in 2024, 43% of respondents will prioritise support for employee wellbeing , followed by investment in employee engagement (36%).

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Workplace innovation is boosted when managers have high social status

Workplace Insight

Social status of top management in a company is positively associated with innovation, including workplace innovation, due to greater access to resources for research and development (R&D), finds new research from UCD Lochlann Quinn School of Business (UCD Quinn School). The findings were first published in the journal R&D Management. Professors Luca Pistilli and Alessia Paccagnini, both from UCD Quinn School, and Ali Radford from Aston Business School collected the financial, ownership,

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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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One-third think the pension pot for life will help employees manage their pension

Employee Benefits

Employee Benefits poll: Just one-third (33%) of organisations think the pension pot for life plans announced in November’s Autumn Statement by Chancellor Jeremy Hunt will help employees to manage their pension, according to a survey of Employee Benefits readers. Two-fifths (40%) said they do not think the pension pot for life plans will help employees to manage their pension, whereas 28% were unsure.

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BNP Paribas?Corporate and Institutional accredited as menopause-friendly

Employee Benefits

Financial services firm BNP Paribas Corporate and Institutional Banking UK has received menopause-friendly accreditation. The menopause-friendly accreditation, which was established by Henpicked: Menopause in the Workplace, recognises practices that embrace menopause in the workplace. To achieve accreditation, employers are assessed by an independent panel and must demonstrate effectiveness through their culture , policies and practices, training, engagement, facilities and evaluation.

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Mental health trends and predictions for 2024, according to Lyra

Employee Benefit News

Lyra Health's latest research reveals some important changes that can be made around employee expectations to improve mental health outcomes.

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PayrollOrg Comments on California Proposed EWA Rulemaking

PayrollOrg

PayrollOrg submitted comments on California’s notice of modified proposed rulemaking on earned wage access (EWA).

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Untimely Hasbro Layoffs Imminent After Weak Toy Sales Numbers

HR Digest

The saga of Hasbro layoffs is all set to continue into 2024 as the company announces additional jobs cuts as a response to weak sales this year. The Hasbro job cuts appear geared to slash off nearly 15 percent of its current workforce, indicating that 900 employees will now have to look for work. In January, the company had already announced a reduction of 1000 full-time job cuts at Hasbro and according to Reuters , the company has already made progress on this front.

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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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Top 10 California Laws, Regs for 2024

InterWest Insurance Services

As 2024 draws near, so does a slew of new laws and regulations that will affect California businesses. Every year, laws passed by the state Legislature and signed into law by the governor take effect, and 2023 was a busy legislative session in Sacramento. The end result is another round of new legislation that employers need to stay on top of. This article is the first of two parts and below we highlight the first five of the top 10 laws and regulations affecting businesses in the new year. 1.

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Employment Law Overview in Peru

Global People Strategist

Peru boasts a rich cultural heritage, stunning landscapes, and a growing economy. Understanding local employment laws is crucial for those considering employment opportunities in this South American nation. Navigating the intricacies of Peru’s employment landscape involves grasping key aspects such as general labor laws, tax regulations, and employee benefits.

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States Move to Advance Telehealth Objectives

McDermott Will & Emery Employee Benefits

Numerous states—including Florida, Texas and Michigan—have been busy finalizing telehealth-related rulemaking and legislation. Michigan’s proposed bills, for example, push for coverage parity across insurers and payment parity. What else have these states been up to over the last month? Read more here. The post States Move to Advance Telehealth Objectives appeared first on EMPLOYEE BENEFITS BLOG.

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What Are Excepted Benefits, and Should You Offer Them to Employees?

Patriot Software

Navigating through the waters of health insurance coverage is tricky. You might be wondering, Do employers have to offer health insurance? Although the Affordable Care Act (ACA) requires employers with 50 or more full-time equivalent employees to provide health insurance, no employer has to offer excepted benefits. But, many employers do offer excepted benefits.

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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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We asked a psychic what to expect from work in 2024

Employee Benefit News

Amanda Rieger, a psychic medium, wellness coach and the founder of Soul Pathology, shares how employers can approach health and wellness in the new year.

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Employer Considerations to Support Menopause in the Workplace

International Foundation of Employee Benefit Plans

Destigmatizing menopause has been a hot topic in 2023 and is a trend that will continue in the years ahead. Within recent years, it’s involved increasing awareness in the workplace about the menopause transition, the symptoms and the effects those symptoms can […] The post Employer Considerations to Support Menopause in the Workplace appeared first on Word on Benefits.

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Employee Benefits Awards 2024 open for entries

Employee Benefits

The Employee Benefits Awards 2024 are now open for entries, celebrating and honouring excellence in the HR, reward and benefits community. Set to take place on Friday 14 June 2024 at the HAC London, the event of the year for the reward, benefits and HR community recognises excellence and celebrates the organisations, teams and individuals that have made a difference and shaped the landscape through their innovative reward and benefits strategies during 2023. 2024’s event will feature 22 categori

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No layoffs and a 6 year long tenure rate: Torani's secret to employee retention

Employee Benefit News

Melanie Dulbecco, CEO of Torani, shares how the syrup and sauce company maintains high retention rates through its policies and culture.

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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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What Can You Spend FSA Money On?

BetterUp

Jump to section What is an FSA? How an FSA works 3 FSA facts you should know What can FSA be used for? 8 eligible items What can I not use FSA on? Can you take cash out of FSA?

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Staying Ahead: Senior Financial Analysts on Trends, Regulations, and Best Practices

Professionals Alternative

[link] Cracking the Code: Insights from Senior Financial Analysts on Staying Ahead of Trends and Regulations Introduction: Cracking the Code in Senior Financial Analysis In the ever-evolving world of finance, staying ahead of the game is crucial for success. As a senior financial analyst, the ability to crack the code and gain valuable insights is a skill that sets you apart from the rest.

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Employment Law Overview in Morocco

Global People Strategist

With its vibrant culture and diverse landscapes, Morocco has become an increasingly attractive destination for businesses and workers. Navigating the employment landscape in Morocco involves understanding the intricacies of the country’s employment laws, which encompass regulations on general labor, taxation, and employee benefits. General Employment Laws Morocco’s labor laws are designed to strike a balance between protecting the rights of employees and enabling businesses to thrive

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Compliance Areas for 2024 You Might Not Have Thought Of

PeopleStrategy

The end of the year brings a lot of final reports and loose ends to tie up. As an HR professional, you’re well-versed in working on multiple projects at once. But when it comes to maintaining compliance in a variety of areas, you need to be focused. There are some areas, though, that might not have crossed your mind yet. Let’s get into these areas that deserve another look before the new year starts: health savings accounts, overtime, retirement, remote employment, and the Affordable Care Act.

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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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Employment Law Overview in Austria

Global People Strategist

Austria, nestled in the heart of Europe, is renowned for its picturesque landscapes and robust employment laws. Navigating the Austrian employment landscape requires a nuanced understanding of the legal framework that governs the employer-employee relationship. This overview will delve into critical aspects of Austrian employment laws, covering general labor regulations, taxation, and employee benefits.

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Excused vs unexcused absences from work and how to handle them

Business Management Daily

Managing employee absenteeism can be a real headache for managers and human resources staff. Especially during this time of year when people are using extra vacation time to travel home for the holiday or calling out sick more frequently due to cold and flu season. Keeping track of all of these absences, and remembering which ones have been approved, takes work.

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Ciphr strengthens leadership team with two key senior hires

cipHR

Ciphr, a leading UK provider of people management solutions for mid-market organisations, has appointed former Advanced executives Julie Lally and Daniel Turnbull to its leadership team to support its strategic growth plans for 2024 and beyond. Effective immediately, Lally joins Ciphr in the newly created role of managing director of payroll, responsible for all aspects of the payroll business, while Turnbull heads up Ciphr’s customer care, implementation, project management, and product trainin

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Inflation could be headed back to the Fed's 2% target

Employee Benefit News

U.S. Treasury Secretary Janet Yellen believes the economy will be able to return inflation to the Federal Reserve's 2% goal.

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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?