April, 2024

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The 800-Pound Gorilla

Florida Workers' Comp

Sometimes we struggle with challenges we don’t perhaps fully understand. At times, forces conspire against us, consciously or not. Life is a journey filled with uncertainty, misconceptions, and mysteries. But frequently, the problem is all too clear, an 800-pound gorilla in the room. The world of work faces a systemic dilemma in the midst of the third decade of the 21st century.

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Highlights of Recent Webinars: First Quarter 2024

Money Talk

Every quarter, I like to review and summarize my notes from webinars I attended during the last three months. Below are some interesting tidbits from recent programs that I attended: Future Self Thinking - Many people often think of their “future self” (who they will be decades in the future) as a stranger. As a result, they don’t think about the consequences of doing something now because their actions are affecting another person rather than themselves personally.

401(k) 189
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Amplifying rewards and recognition impact through HRIS integrations

Achievers

Integrating Human Resource Information Systems (HRIS) with rewards and recognition platforms presents transformative potential for organizations, positively impacting culture and employee experience. Research firm Everest Group guest bloggers Lokesh Goyal and Varun Madan offer benefits and insights for successful implementation As organizations navigate the constant evolution of workplace dynamics, the significance of HR technology has become increasingly apparent.

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Build Trust at Work: UKG HR and Payroll eSymposium

HR Bartender

(Editor’s Note: Today’s article is brought to you by our friends at UKG , a leading provider of HR, payroll, workforce management, and culture cloud solutions. Newsweek named UKG for the second consecutive year to their Greatest Workplaces for Women. Congrats to them and enjoy the article!) I belong to a couple of online human resources groups. I’m sure you do too.

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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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How to strike a balance between managing staff wellbeing and financial pressures

Employee Benefits

Credit: Andrey_Popov/Shutterstock Need to know: The cost-of-living crisis is forcing more employees to take on additional work due to financial pressures, raising concerns around burnout. Pay strategies such as targeted pay increases, performance-related bonuses and earned wage access can help. Employers need to ensure there is a culture where people can discuss financial concerns.

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Why mental health coverage should include sensory deprivation therapy

Employee Benefit News

Dr. Chris Pagnani, medical director of Rittenhouse Psychiatric Associates, breaks down the benefits of reduced environmental stimulation therapy.

Medical 114
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Individual Retirement Accounts: What You Need to Know

Money Talk

The 2023 income tax filing deadline is only days away (April 15, 2024 in most of the U.S.). It will be a busy weekend for many taxpayers and tax preparers who are filing tax returns or tax filing extensions. One of the few things that taxpayers can do to reduce their income taxes after a calendar year ends is to make a tax-deductible contribution to a traditional individual retirement account (IRA) or a SEP-IRA (for small business owners and/or their employees).

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What is an OKR? A guide to using OKRs to reach your goals

Achievers

Objectives and key results (OKRs) are a powerful framework for aligning employee efforts with organizational goals. Whether it’s driving revenue growth, improving customer satisfaction, or boosting employee engagement, OKRs provide clarity and direction for employees at all levels. They establish meaningful goals and define clear metrics that let team members track progress towards them, encouraging a culture of transparency and accountability.

Health 152
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5 Effective Tools to Enhance Employee Engagement and Retention

HR Digest

Employee retention is crucial for the success of any organization and the tools you use to enhance employee engagement are just as important. Engaged employees are more productive, loyal, and motivated, leading to improved business outcomes. In today’s competitive job market, businesses need to invest in the best employee engagement tools to attract, engage, and retain top talent.

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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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Michelin guarantees global living wage and enhances parental and healthcare benefits

Employee Benefits

Credit: ricochet64 / Shutterstock.com Tyre manufacturing organisation Michelin is to guarantee a living wage for its more than 100,000 global employees, as well as enhancing parental and healthcare benefits. As part of its deployment of a living wage worldwide, to guarantee employees a salary equivalent to at least the living wage, Michelin received the global living wage employer certification from the Fair Wage Network.

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Event explores how the government is setting new office standards for civil servants

Workplace Insight

This week, the Government Property Agency brought together Civil Service leaders to exchange ideas, debate trends and inform how the GPA delivers its property services. The GPA is leading one of the country’s biggest and most ambitious workplace renewal programmes for its clients – delivering a smaller, better connected, better quality, and greener property estate to support the work of Civil Service teams and bring them closer to the communities they serve.

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Guide to MEC plans

PeopleKeep

Some employers must provide a health insurance plan with minimum essential coverage (MEC) to avoid penalties under the Affordable Care Act (ACA) and ensure employees have access to essential healthcare services. In some cases, these employers may consider a type of group plan called a MEC plan. However, simply providing a no-frills MEC plan instead of a more comprehensive health benefit may not be enough to meet the needs of your employees.

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How to Get Ready for a Garage Sale

Money Talk

The weather is slowly getting warmer across much of the country and many people are starting to think about having a garage sale. Reasons for a garage sale include making extra cash, downsizing in preparation for a move, or simply clearing away unwanted items and household clutter. Below are eight tips to prepare for an upcoming garage sale: Develop a Plan- Decide when, where, and how often to hold a sale.

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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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Employee personas: How to create and use them

Achievers

Many businesses create detailed customer personas to inform marketing strategies and product development. But they neglect to make the same investment in understanding their own employees by crafting employee personas. These personas are easy-to-use tools that provide valuable insights into the unique characteristics, behaviors, and aspirations of different segments of your workforce.

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This Earth Day, recycle 401(k) savings to avoid IRA landfill

Employee Benefit News

Amid cash-outs, stranded plans and suboptimal investments, a SECURE 2.0 provision runs the risk of expanding asset waste in the proverbial 401(k) landfill.

401(k) 114
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40% of women say lack of health support negatively impacts careers

Employee Benefits

Two-fifths (40%) of women believe their professional career development has been negatively impacted due to a lack of women’s health support in the workplace, according to new research. Healthcare provider Benenden Health surveyed 5,000 female employees and 1,000 business owners for its latest report. When asked how their health challenges had negatively impacted their careers, respondents cited missing important meetings, experiencing negative comments about their work, and being overlooked for

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The pandemic may have changed our personalities, say researchers

Workplace Insight

While we often view personality as a fixed entity, a new study suggests the COVID-19 pandemic may have left a subtle but enduring mark on some aspects of our personalities. Published in Personality and Social Psychology Bulletin , the research suggests that while significant personality changes weren’t widespread, conscientiousness levels generally increased throughout the pandemic, while extraversion dipped slightly.

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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?

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The least and most expensive states for individual health insurance

PeopleKeep

Having a health insurance plan is an excellent way to ensure you have access to the care you need to stay happy and healthy long-term. However, depending on where you live, your health insurance—particularly an individual policy—may be more expensive than expected. Knowing how location factors into your health plan costs can help you shop for a budget-friendly policy that will meet your medical needs.

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Tips for Safeguarding Your Baby Boomer Construction Workers

InterWest Insurance Services

The average age of a construction worker is now in the 40s. Baby boomers — people born between 1946 and 1964 — represent 40% of the construction industry workforce, according to the Center for Construction Research and Training. The nature of construction work presents many hazards for workers, many of which may not appear until late into a person’s career.

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Nurses appreciation week: A week of gratitude for our healthcare heroes

Achievers

Did you know there are over 4.7 million registered nurses in the U.S. , making them the largest group of healthcare professionals in the country? National Nurses Week is your time to honor these amazing healthcare heroes. Take a moment to recognize the tireless dedication, compassion, and skill of nurses who make a difference in countless lives every day and show your appreciation for these healthcare champions.

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How to stay calm at work

Business Management Daily

Sophia goes over her notes one last time before heading to bed. She wants the presentation tomorrow to go well, and she knows falling back on what she rehearsed will help ease her nerves when the pressure is on. Before sleeping, she sets her alarm for a bit earlier than usual in order to have some extra time to ease into the next morning. Sophia and her coworkers do a good job of explaining the new marketing campaign to their client.

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6 Steps to a Better Compensation Strategy

Compensation is one of your biggest expenses as a business, but it is also your biggest investment in your people and your culture. A great compensation strategy can be an incredible asset that supports your business goals and lays a foundation of trust between your company and your employees. Whether you already have a compensation strategy in place or you’re building one from scratch, this guide will help you level up your approach through these 6 steps: 1.

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51% of employees want their employer to invest more in sustainability

Employee Benefits

Half (51%) of employees want to see their employer invest more in sustainability, rising to 61% among younger workers aged 18-34, according to research by employee benefits technology provider Zest. Its survey of 2,000 employees and 500 HR decision makers also found that more than half (53%) of respondents would like to see their employer investing in more sustainable benefits such as electric vehicles and sustainable pensions , rising to 66% among 18–34 year olds.

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Government to scrap employment programme for disabled people

Workplace Insight

A £100 million program designed to help disabled people find work in England and Wales has been quietly cancelled, raising concerns as the government pursues plans to reduce disability benefits. The Work and Health Programme (WHP), launched in 2017, will cease operation this autumn. This news comes amidst Prime Minister Rishi Sunak’s proposed benefit cuts for 420,000 sick and disabled individuals, aiming to push them into employment.

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Inpatient vs. outpatient care - What's the difference?

PeopleKeep

To navigate the healthcare industry successfully and secure the proper medical treatment, it’s important to know common terminology such as inpatient and outpatient. Knowing the difference between these terms will help you understand where to receive care and what to expect. Understanding these two types of care and how much each will cost can also give you an advantage when choosing a health plan and estimating out-of-pocket medical expenses.

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What abortion bans in Arizona and Florida mean for employers and families

Employee Benefit News

Experts from MomsRising and DoSomething.org break down what the latest abortion bans mean for businesses and the nation.

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Bridging the Gap: The Intersection of DEI Initiatives and Employee Benefits

Speaker: Jaye Johnson, CBP

Unlock the secrets to transforming your organization’s employee benefits into a strategic tool for Diversity, Equity, and Inclusion (DEI). During this informative session, we will discuss common pitfalls in traditional benefits and then delve into the essence of DEI in employee-centric benefit offerings. This involves not only defining DEI in the workplace but also understanding the pivotal role that employee benefits play in fostering a diverse and inclusive environment.