Sat.Oct 15, 2022 - Fri.Oct 21, 2022

article thumbnail

How to Manage Payroll for Small Business Owners

Patriot Software

There’s nothing like starting your own small business. Being your own boss means you choose how to run things, and it lets you see your ideas come to life. But, you have a million and one things on your plate. You might decide to hire new employees to streamline business operations. When you become an […] READ MORE.

Payroll 98
article thumbnail

Basics of Behavioral Economics

Money Talk

The field of behavioral finance blends economics and psychology and acknowledges that people are often irrational decision makers. Everyone has cognitive biases, which are flaws or errors in thinking that can lead to poor financial decisions. The first step to mitigating errors is to become aware of common biases to plan to proactively minimize them.

Finance 350
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Give employers the tool kit to support employees' mental health

Employee Benefit News

article thumbnail

Optimizing Outcomes and Containing the Costs of Surgery

International Foundation of Employee Benefit Plans

By Brand Newland, Pharm. D., and Cal Beyer Surgeries that are unnecessarily invasive or performed under suboptimal conditions often needlessly increase health plan costs and lead to complications for patients. Read more > The post Optimizing Outcomes and Containing the Costs of Surgery appeared first on Word on Benefits.

article thumbnail

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.

article thumbnail

Who Pays Unemployment Tax?

Patriot Software

When an employee becomes unemployed, they might qualify to receive unemployment benefits. Unemployment benefits are funded by unemployment taxes, which are paid based on employee wages. But who pays unemployment tax? You or your employees? Types of unemployment taxes Before you can learn who pays unemployment taxes, you need to know about the two types […] READ MORE.

Taxes 104

More Trending

article thumbnail

OKR Examples: How to Write OKRs that Drive Impact

15Five

Objectives & Key Results (OKRs) help align and motivate teams and individuals to reach personal and professional goals. But for this popular goal-setting framework to be effective, OKRs must be well crafted. . Poorly-written OKRs can do more harm than good by being too vague, not measurable, or focused on the wrong things. To move your business forward, employees need to be inspired, challenged, and motivated to do their best work with powerful, meaningful goals.

article thumbnail

The future of recruiting: 8 ways to win the talent war

Insperity

Many businesses, regardless of size, type or industry, have found themselves in the trenches of today’s talent war, and the future of recruiting seems complicated and murky. Today, attracting and retaining top talent is one of the most pronounced challenges that leaders face. Why is there a talent war? Employees have a wider range of career options than they ever have before.

article thumbnail

Top 10 causes of stress at work (and what you can do about them)

Business Management Daily

We all have to contend with workplace stress, and according to the evidence — it’s at an all-time high right now. The proof? 83% of workers in the US now suffer from work-related stress, and businesses regularly lose up to $300 billion annually due to its negative effect on productivity. When stress levels become too high, it can impact an employee’s physical and mental health in several detrimental ways.

article thumbnail

How do you write an impactful performance review phrase?

HR Digest

Employees need some kind of validation on their performance within an organization. As a manager, you have to give constructive feedback and this is easier when you have a list of performance review examples to guide you. This can help them highlight their strengths and weaknesses which would be beneficial for the company’s productivity as well as the employee’s overall performance.

article thumbnail

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.

article thumbnail

15 Easy And Engaging Christmas Games For The Office

Vantage Circle

Your employees toil all year long. During Christmas, they deserve to have some fun and laughter. And what better way could there be to add those cheers in the holiday season than throwing a fabulous party for them to enjoy? Party with great food, beverages, and some awesome team-building activities. After all, team-building and engaging activities like Christmas games for the office foster a network of healthy professional relationships and encourage rekindling the existing ones.

article thumbnail

Hospitals Are Hiding Prices from Patients, Advocacy Report Says

InterWest Insurance Services

Despite newly enacted federal transparency rules for hospitals and health plans, some large hospitals are still not posting the required price lists for their services, according to a recent report. The Centers for Medicare and Medicaid Services’ transparency rules were implemented to shine the light on what hospitals charge for their various medical services, the negotiated rates insurers have with health plans and the out-of-pocket costs enrollees can expect to pay for these services.

article thumbnail

How to prioritize your work: Simple steps to keep on track

Business Management Daily

Effectively prioritizing your work tasks is important. In fact, it’s so important that one of the most common job interview questions is “how do you prioritize your work?” Most people have a generic answer prepared. But how do you actually prioritize your work and get things done once you have a job? How to prioritize work in the most effective manner will generally depend on your own preferences and workflow.

article thumbnail

What Are The Four Types Of Termination?

HR Digest

Breaking the news to an employee about a contract termination is not an easy task. Although it might be appropriate if the employee in question has violated any company’s terms or laws. Either way, it might always come as a shock to an employee who did not see it coming. So it is important to manage the termination of employment carefully. And in this article, we explain the types, the meaning of termination, and a list of helpful steps to do just that.

article thumbnail

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!

article thumbnail

7 Great Ideas To Celebrate Your Business Anniversary

Vantage Circle

The word anniversary means "returning yearly" and originated from the Latin term "anniversaries." These yearly celebrations are not just meant to remember personal moments of life but also to celebrate successful years in business. Let's see what makes business anniversaries so special and worth celebrating. Why Is Business Anniversary Worth Celebrating?

Food 98
article thumbnail

New Law Bars ‘Discrimination’ Against Cannabis-Using Employees

InterWest Insurance Services

California Governor Gavin Newsom has signed into law legislation that would bar employers from discriminating against employees and job applicants who use cannabis on their time off. The law amends the California Fair Employment and Housing Act (FEHA) to prohibit discrimination against an individual based on “an employer-required drug screening test” that detects the presence of “nonpsychoactive cannabis metabolites in their hair, blood, urine, or other bodily fluids.” Th

article thumbnail

The importance of work life balance and how employers can improve it

Business Management Daily

Despite what some Millennials and members of Gen Z believe, work-life balance is far from a new concept. Decades of employees have been trying to find the best ways to merge their personal and professional lives to obtain satisfaction in both spheres. Back in the 1980s when the term first gained popularity, people often envisioned good work-life balance as a scale.

article thumbnail

Menopause in the workplace: a mindful and supportive approach

Sodexo Engage

Summary: Why we need to continue the conversation. Menopause and discrimination. The symptoms of menopause. Mental health. Physical health. How can businesses support employees through menopause? How Sodexo Engage can help you make that crucial difference. MENOPAUSE IN THE WORKPLACE: A MINDFUL AND SUPPORTIVE APPROACH. Tuesday 18th October is World Menopause Day.

article thumbnail

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.

article thumbnail

Adaptability in the Workplace: Defining and Improving This Key Skill

BetterUp

No matter what your job is or how long you’ve been doing it, adaptability is an important skill to have. In fact, adaptability is one of the top five skills that employers are looking for — and no wonder. If the last couple of years have taught us anything, it’s the need to be flexible and adapt to changing circumstances. It’s a core part of resilience, stress management, and career development.

article thumbnail

Understanding Employee Spotlight With Examples And Use Of Digital Platforms

Vantage Circle

Working in human resources, people realize employees are the most valuable assets to a company. And to make them feel appreciated, the employee spotlight is a fantastic tool that fosters a positive workplace culture, increases employee retention , and nurtures value for work. This blog is an overview of all you should know about employee spotlights.

Media 98
article thumbnail

Addressing the Employee Financial Literacy Gap

Best Money Moves

Addressing the employee financial literacy gap. Here’s how a lack of financial literacy can affect your employees and what you can do to help solve the problem. Only one-third of Americans have a solid understanding of interest rates, mortgage rates, and financial risk, according to the Financial Industry Regulatory Authority. This measure of financial literacy has fallen 19 percent over the past decade and is estimated to have cost Americans more than $415 billion in 2020 alone. .

Pension 99
article thumbnail

PPE Hazard Assessments in Oil & Gas

AssuredPartners

A recent injury incident in Midland, Texas, has spotlighted a little-known hazard related to working with sodium hypochlorite, also known as, bleach. An employee, who was performing water treatment duties in conjunction with the water transfer department, violated the standard operating procedure when working with sodium hypochlorite and suffered second and third degrees burn on his backside.

article thumbnail

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.

article thumbnail

Independent Contractor vs. Employee Classification

Patriot Software

Here’s a payroll question: How do you differentiate between employees and independent contractors? It all depends on the relationship between the employer and the worker. It’s important to properly classify workers, but it can be tricky. Here’s an example: Joe runs his own construction business. Joe has committed to more construction jobs than he can handle, […] READ MORE.

article thumbnail

9 Terrific Ways To Increase Employee Engagement For Small Businesses In 2022

Vantage Circle

Over the past few decades, employee engagement has taken center stage by becoming a top priority for global organizations. But what often goes unnoticed (and unsaid) is how impactful employee engagement can be for small companies that are looking to retain their human capital, especially in this economy. But first: What Is Employee Engagement? Although the term " employee engagement " may appear ambiguous, it truly refers to doing things that make an employee feel happy, fulfilled, and s

article thumbnail

42 Years in the Making: PBGC Proposes Regulation on Interest Rate for Withdrawal Liability Calculations

Proskauer's Employee Benefits & Executive Compensa

A hotly debated (and litigated) issue for multiemployer pension plans in recent years has been the appropriate interest rate to determine a multiemployer pension plan’s liabilities when calculating the plan’s underfunding for withdrawal liability purposes. The Pension Benefit Guaranty Corporation (the “PBGC”) is now poised to end the debate. The PBGC proposes to allow multiemployer pension plans to use any interest rate for withdrawal liability calculations as long as it is not below the PBGC’

Pension 95
article thumbnail

Tips for Safely Extracting Stuck Vehicles

AssuredPartners

Agricultural workers know all too well the risk of trucks and tractors getting stuck in the mud or snow. Unfortunately, it’s during attempts to dislodge a stuck vehicle that serious injuries occur. Safety training is one of the best ways to avoid an accident. Techniques may vary, but all safe towing practices should consider: Soil condition. How deep the truck or tractor is stuck.

IT 97
article thumbnail

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