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Financial Planning Tips for Self-Employed Older Adults

Money Talk

Earlier this year, a new Facebook group started in my 55+ community: a group for self-employed residents with small businesses including hair styling, dog-walking and grooming, airport drivers, real estate sales, website design, computer repairs, wood-working and crafts, and more. As a financial education solopreneur who works from home, I was happy join a group of kindred spirits to share information about each other’s products and services.

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Consider Artificial Intelligence In Developing Your HR Tech Stack

HR Bartender

Estimated reading time: 3 minutes A couple of years ago, I published an article about how an “ organization’s technology strategy needs to include building the perfect tech stack ”. It’s still true today. A quick refresher: a tech stack is a grouping of technology services that are “stacked” together to create the best, most effective, and efficient process possible.

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Iowa Tax Agency Updates Website

PayrollOrg

The Iowa Department of Revenue has a new website at revenue.iowa.gov. The new site combines tax.iowa.gov and abd.iowa.gov. Find links to state tax agencies and more using PayrollOrg’s Resource Library.

Taxes 104
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New and Improved

Florida Workers' Comp

We live each hurricane season with the dread of the tropics. We all enjoy the converse, what I call Respite Season from December 1 through the following May 1 each year. It is comforting to think that there is a time when there will be no storms. That said, we have some pretty significant storms periodically during Respite ©2023, see It's That Time Again (April 2023).

IT 104
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HR in 2025: Insights & Predictions

What type of worker is most engaged—hybrid, remote, or onsite? What are the drivers of effective leadership? What does the C-suite think HR is most responsible for? And why is a wave of HR resignations more likely in the next 12 months? Get our annual survey report to find out: The #1 challenge of recruiting & hiring Why remote teams are struggling What are the drivers of effective (and ineffective) leadership And lots more!

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Softcat and Hilton named some of UK’s Best Workplaces for Women

Employee Benefits

IT service management business Softcat, hotel chain Hilton and biopharmaceutical firm Bristol Myers Squibb have been named some of the UK’s Best Workplaces for Women 2024. The list is produced by global workplace culture firm Great Place To Work. It used its trust index employee survey and analysed the responses of more than 80,000 UK-based female workers.

Education 105

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5 leaders share best practices for bringing employees together

Employee Benefit News

From friendly competition to recognition to making salsa from scratch, workers thrive when they participate in intentional relationship-building experiences.

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Positional Power vs. Personal Power: Use Both for Your Career

BetterUp

So much potential power comes from holding a position of leadership. But when you switch to a new organization — or if you lose the title that gave you this power — you lose all of the positional power that came with your title.

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AI and Dan

Florida Workers' Comp

Artificial Intelligence is the latest discussion point in the technology world. We hear mounting feedback about what it is and how it could impact our lives. I have been on the AI topic for years. see Chatbot Wins (June 2016); Artificial Intelligence in Our World (January 2017); Artificial Intelligence Surveillance (August 2020); Intelligence (November 2022); AI is a Tool (October 2023), and the posts cited there.

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Microaggressions in the Workplace: Understanding & Navigating Unconscious Bias

Vantage Circle

Imagine a scenario where you are in a meeting, sharing your ideas and opinions, reflecting on your expertise, when suddenly a co-worker intervenes, saying, “You’re so articulate for someone coming from your background.” While this might initially seem like a compliment, it reveals an underlying preconceived notion the coworker has of your community or culture.

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The Employers Guide to Controlling Cancer

About 40% of us will be diagnosed with cancer in our lifetime, and patients are getting younger. At the same time, the cost of treatment continues to rise, with employers spending 8.5% more on cancer care for each employee than they did last year. The best thing employers can do for their employees and business tomorrow is to invest in cancer detection and care today.

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Cyber Insurance: Do You Have It? Do You Need It?

International Foundation of Employee Benefit Plans

The frequency and costs of data breaches continue to rise globally, with the average price tag of a data compromise reaching US$4.45 million in 2023, according to a recent report from IBM Security. Cyber insurance can help protect your organization from bad […] The post Cyber Insurance: Do You Have It? Do You Need It? appeared first on Word on Benefits.

Insurance 100
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The QSEHRA: Pros and cons

PeopleKeep

A robust benefits package that includes health coverage is an important recruiting tool for every employer. However, soaring medical costs can make offering health benefits challenging for small business owners with limited budgets. Luckily, health reimbursement arrangements (HRAs)— specifically the qualified small employer HRA (QSEHRA)—can help small employers overcome this challenge.

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Employers want to see these 10 tech skills on resumes

Employee Benefit News

From a deep understanding of Microsoft Word to knowing how to troubleshoot software, employees should be broadening their skill sets.

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Misinformation and Misdirection

Florida Workers' Comp

To be clear, drug use can cause impairment. As clearly, Pot remains illegal in all 50 states. Even in jurisdictions that have decriminalized it, Dope remains illegal under federal law. Even in those decriminalized jurisdictions, impaired driving remains illegal, dangerous, and potentially fatal. Suggesting otherwise is misinformation. The news recently featured a story regarding an accident "that killed six high school girls in Oklahoma.

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Game Plan Total Rewards Consulting: We Solve [period].

Game Plan Total Rewards provides strategic consulting and project management services for Total Rewards, HR Operations, and Mental Health programs. From 50 to 50,000+ employees, all industries, we are experienced in working with all sizes and types of organizations and can support globally given our experience in over 30 countries.

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Helping Your Employees Get the Most out of Their Health Plans

InterWest Insurance Services

Every year employees across the country choose the wrong group health plan from their employer because they don’t understand the coverage and what type of plan is best for their circumstances. This ends up costing them hundreds if not thousands of dollars in unnecessary medical and premium outlays each year. But you can help them avoid leaving money on the table by educating them with helpful materials and a process that lets them find the plan that is best for their life circumstances.

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AI-Based Attendance System: The Smart Way to Mark Attendance

Qandle

In today’s fast-paced world, organizations are constantly seeking innovative ways to improve efficiency and productivity. One area that has seen significant advancements is attendance management. Traditionally, attendance systems have relied on manual processes or basic digital solutions, which can be time-consuming and prone to errors. However, with the advent of artificial intelligence (AI), a new era of attendance management has begun.

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Newcastle Building Society accredited as living pension employer

Employee Benefits

Newcastle Building Society has received living pension employer accreditation from the Living Wage Foundation. The society’s commitment will see its new employees, who join the organisation after 1 April 2024, receive a higher default level of pension than current auto-enrolment contributions, with workers paying 5% and employers paying 7%. Through auto-enrolment, employers must contribute at least 3% and employees pay 5%.

Pension 75
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Giving birth, then back to work: Building better parental leave policies

Employee Benefit News

HPE's CPO shares how the company's generous parental leave policy helps support and retain their workforce.

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New Report from 3,500+ Employers Confirms Retention is a Top HR Priority in 2024

The first report from Gallagher’s 2024 US Workforce Trends Report Series, includes data from 3,500+ employers who participated in the 2024 US Benefits Strategy & Benchmarking Survey. The report provides benchmarks for benefits, HR and people strategies to help organizations thrive. Organizations continue to rank retention as the top priority for HR, and second highest for operations.

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Job Enrichment: Meaning, Methods, Models, Benefits & Examples

HR Lineup

In the ever-evolving landscape of modern workplaces, maintaining employee satisfaction and motivation is paramount for organizational success. One effective strategy to achieve this is through job enrichment. Job enrichment focuses on enhancing a job’s inherent elements to make it more rewarding and fulfilling for the employee. This comprehensive article delves into the meaning, methods, models, benefits, and real-world examples of job enrichment, providing a holistic understanding of this

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Cross-Country Benefits Update

International Foundation of Employee Benefit Plans

The 2024 Canadian Legal and Legislative Update kicked off with a comprehensive cross-country benefits update delivered by Kiersten Amos, counsel at McInnes Cooper, and Michael Wolpert, partner at Fasken Martineau DuMoulin. These updates covered a range of legislation affecting benefit plans across […] The post Cross-Country Benefits Update appeared first on Word on Benefits.

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How to Track Employee Hours Without Going Crazy 

Patriot Software

Tracking your employees’ time worked ensures you pay them accurately and comply with labor laws. Although you can use whatever method you want, you need a dependable and organized system, especially as your business grows. Learn how to track employee hours with time and attendance software and other alternatives. Why does tracking employee hours matter?

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Accelerating the rise of the adaptable office

Workplace Insight

The introduction of the Flexible Working Act is another sign that the concept of the ‘workplace’ has undergone a significant transformation. These shifts in work patterns, office usage and approach are all having dramatic knock-on impacts when it comes to the future of the physical infrastructure of the nation’s office environments, and the investor communities behind them.

IT 71
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Create a Culture of Belonging

Ready to boost employee happiness, improve inclusion, and make a positive impact on morale? From fostering cooperation and collaboration to promoting inclusivity and community impact, our checklist covers it all! Create the kind of workplace where employees feel valued, motivated, and invested in your success.

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20 worst places to start a career

Employee Benefit News

Recent graduates looking to build a career should avoid these 20 cities, which can lack in career opportunities and affordable housing options.

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What is Employee Poaching & How to Deal With It?

HR Lineup

In today’s highly competitive job market, businesses constantly vie for top talent to stay ahead. One practice that has become increasingly common is employee poaching. While it might sound like a term from a corporate espionage thriller, employee poaching is a real and pressing issue for many organizations. This article delves into what employee poaching is, its implications, and strategies for dealing with it effectively.

IT 79
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AWE promotes pension understanding as part of a whole-life savings approach

Employee Benefits

Since 2017, nuclear security technologies organisation AWE has worked to help its more than 7,000 employees on a journey towards embedding a whole-life savings approach. Working with Nudge, the employer’s approach encompasses offering a range of financial education and planning tools around retirement, budgeting, and investment, and tools such as mortgage calculators, all designed to help improve people’s financial confidence and outcomes.

Pension 64
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The Impact of HR Chatbots on HR Processes

Qandle

In today’s fast-paced business world, Human Resources (HR) departments face immense pressure to manage various tasks efficiently. From recruitment to employee engagement, the responsibilities are vast and varied. Enter HR chatbots—a revolutionary technology transforming how HR functions. These AI-powered tools are not only streamlining HR processes but also enhancing the overall employee experience.

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How to Design a People-First Benefits Package for Your Unique Team

Benefits are central to any HR strategy. A strong benefits package attracts top talent, boosts engagement, and retains top performers.