Money Talk

JANUARY 11, 2023

Another new year is underway, which provides an incentive to get “your financial act together.” Below are ten suggestions to improve your finances during the year ahead: 1. Pay Yourself First (PYF)- PYF treats savings with the same high priority as a mortgage, rent, or car loan payment. The easiest way to “pay yourself first” is to have savings deducted automatically from your paycheck through a 401(k) or other workplace savings plan. 2.

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Employee Benefits

JANUARY 11, 2023

Social media management organisation Hootsuite, which employs around 1,000 people, has implemented a range of lesbian, gay, bisexual, trans, queer, intersex, asexual and more (LGBTQIA+)-friendly initiatives. These include a restructuring of employee benefits, with increased coverage for mental health, fertility treatment, and gender affirmation surgeries, and the establishment of a diversity, equity and inclusion (DE&I) council, comprising employees and allies from diverse groups, to promote

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HR Digest

JANUARY 11, 2023

In today’s rapidly changing job market , companies are struggling to find the right words to describe new and emerging roles, leading to the invention of creative job titles. From “Growth Hacker” to “Data Scientist” and “Remote Worker,” these new titles are not only reflective of the shifting job market but also companies’ efforts to stay competitive and attract top talent.

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Best Money Moves

JANUARY 11, 2023

Financial Wellness: The missing piece of your DEI strategy. Financial wellness could be the key benefit that your DEI initiative is missing. Here’s what to consider. . Organizations are constantly trying to improve diversity. But while progress has been made, many workplaces are still a long way from achieving true equity. . The median wealth for white households is $187,300, according to data released by the U.S.

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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.

Management

Employee Benefits

JANUARY 11, 2023

Employee wellbeing has three pillars: physical, mental and financial. Today, each is recognised as critical to developing a strong, healthy organisation. Get employee wellbeing right, and it can help you build what McKinsey, a global management consulting firm, would class as a “non-traditional employee value proposition”. This is where you make your organisation an attractive workplace for current (and future) employees, beyond the traditional aspects – like salary, job title and career progres

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BetterUp

JANUARY 11, 2023

You know your team is exceptional. After all, you see them working hard for your company every day. But when you’re managing a small staff or running a business, there are a lot of things that demand your attention. Sometimes, that means employee recognition efforts fall by the wayside.

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Workplace Insight

JANUARY 11, 2023

Two thirds of UK businesses believe offering flexible working to their employees is crucial if they are to successfully retain and attract talent, according to a new report. Businesses don’t believe they cannot compete on salary alone and are instead offering flexibility to stay competitive. Over half (52 percent) of businesses have increased salaries to attract talented workers, but say wages rises can’t continue at the rate they have been going.

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Employee Benefits

JANUARY 11, 2023

It’s all you hear on the news, ‘the Cost of Living Crisis’— a time of sky-high interest rates, food prices, and surreal energy bills. In November 2022, the UK’s inflation rate hit 10.7%, surpassing that of the US and France. Despite the introduction of price caps and new emergency policies, inflation is likely to still impact your employees. CIPD reports that one in four employees says money worries affect their ability to do their job.

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PeopleKeep

JANUARY 11, 2023

Working parents have always faced challenges in the workplace, such as maintaining a work-life balance , avoiding exhaustion, and sustaining career growth. As parents make up 40% of today's workforce 1 , employers who want to recruit and retain talented moms and dads must create parent-friendly policies to support them—both in and outside the office.

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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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Employee Benefits

JANUARY 11, 2023

Is your business trying to source the best talent – and struggling? According to HiringPeople , 87% of companies have found it difficult to fill job openings in 2022. So, why do many businesses hide their rewards and recognition schemes? Why do others fail to understand how beneficial these can be for business growth? Keep reading to learn how employee rewards transform your talent strategy and help you get the very best people on your team.

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Proskauer's Employee Benefits & Executive Compensa

JANUARY 11, 2023

SECURE 2.0 includes significant changes for retirement plan sponsors and employers, as discussed in our prior blog posts. If you are looking for a short summary organized by effective date, we have prepared a “pocket guide” chart, which can be downloaded here.

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Employee Benefits

JANUARY 11, 2023

Technology firm Google and financial services business Mastercard were among those named on the UK’s Best Places to Work list for 2023, put together by Glassdoor. The top three employers on the list were management consultancies Bain and Company and Boston Consulting Group, and software firm ServiceNow. Glassdoor compiled the ninth annual list from thousands of reviews posted online between 19 October 2021 and 17 October 2022, recognising the best 50 employers with 1,000 or more employees.

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Benefit Resource Inc.

JANUARY 11, 2023

The dreaded lost receipt. We’ve all been there. We’re trying to save money and use our FSA or HSA accounts, so we tuck away that medical receipt in a safe place for later. But when the time comes and the receipt is nowhere to be found, panic may set in. Don’t worry, there are options! Check with your Insurance Carrier. Your insurance carrier is generally able to provide you with an Explanation of Benefits (EOB) for any services that have run through your insurance.

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Advertiser: Paycor

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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McDermott Will & Emery Employee Benefits

JANUARY 11, 2023

We recently reported on an FAQ issued December 23, 2022 (FAQ About Affordable Care Act and Consolidated Appropriations Act, 2021 Implementation Part 56) by the US Departments of Labor, Health and Human Services and the Treasury (collectively, the Departments). The FAQ provides limited, albeit welcome, relief by extending the time for reporting information under the prescription drug data […].

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Patriot Software

JANUARY 11, 2023

Software can make payroll—and your life—much easier. But it’s easy to get overwhelmed when shopping for payroll software. After all, there are a variety of tools to choose from. And as a savvy business owner, you want to find the best fit for your company. So, what is the best payroll software for small business? […] Read More.

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15Five

JANUARY 11, 2023

If you’re at the coffee bar throwing back espresso shots this morning because you were up all night worrying about turnover at your company, you’re not alone. 15Five’s latest research shows that more than 80% of business leaders believe a decrease in employee retention presents a risk to company success. The Great Upheaval has many executives and HR leaders frazzled, and there’s not enough coffee in the world to fix all the talent issues that are converging at once.

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Employee Benefits

JANUARY 11, 2023

An employment tribunal has ruled in favour of a disabled employability adviser who was dismissed after asking for a suitable work chair while working remotely during lockdown in his discrimination claim. Justin Griffiths’ employer, Dimensions Training Solutions (DTS), which is currently in voluntary creditors liquidation, was found to have failed to make reasonable adjustments, which put him at a disadvantage when compared with non-disabled persons.

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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?

Utilities

WEX Inc.

JANUARY 11, 2023

When you work in human resources, multi-tasking isn’t just part of the job. It is the job! Human resources professionals are skilled leaders in a number of areas within a business, including benefits administration, employee training, development, relations, recruitment, and compensation. And, if your business manages COBRA administration in-house, then your human resources team is carrying additional healthcare responsibilities and risk.

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Employee Benefits

JANUARY 11, 2023

Market research firm Ipsos published its annual gender and ethnicity pay gap report, showing that its mean gender pay gap for 2022 was 17.4% in favour of male employees. Its median gender pay gap was 8.3%. Meanwhile, its mean gender bonus gap was 33.2% and its median gap was 25%, with 41% of women and 44% of men receiving a bonus in 2022. According to Ipsos, the pay gaps were due to an under-representation of women and ethnic minorities at its most senior levels.

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Bonuses Employee Benefits IT 59

AssuredPartners

JANUARY 11, 2023

ORLANDO, FL – January 12, 2023 – AssuredPartners ("AP") is pleased to announce that effective October 17, 2022, Victor Dalrymple will serve as Agency President of the Melbourne, FL office, previously led by Paul Mack. Since joining AP in 2018, Victor served as a Commercial Lines Sales Executive, responsible for a large book of business focusing on condominium and homeowners insurance.

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Employee Benefits

JANUARY 11, 2023

Tailored dog food delivery firm Tails.com has introduced a financial wellbeing platform for its more than 300 members of staff. The platform, provided by Bippit, gives employees access to one-to-one financial coaching with a professionally qualified Financial Conduct Authority (FCA) coach matched to their needs, after they answer questions about their financial concerns.

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Finance Pension Food Taxes 59

Advertiser: Paycor

From welcoming new team members to tough termination decisions, each employment lifecycle phase requires a balance of knowledge, empathy & legal diligence.

Management

Darwinbox

JANUARY 11, 2023

The Malaysian parliament has passed the Employment (Amendment) Act 2022, which includes several changes to the existing laws governing employment in the country. The provisions under the Act have come into effect starting Jan. 01, 2023. This article explores the key changes under the amendment and the implications for HR and managers.

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Empuls

JANUARY 11, 2023

Leadership can be a challenging role, but a great leader can inspire and motivate their team to achieve great things. One way to support and encourage your boss is by sharing motivational quotes that can inspire and uplift them. In this blog post, we've curated a collection of powerful and inspiring quotes that are perfect for bosses. These quotes will remind your boss of the importance of their role and the impact they have on the team, show appreciation for their leadership and support, a

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Darwinbox

JANUARY 11, 2023

Today, communication, in the world of work, is more of a way to drive collaboration and bring value to business operations. It is no longer just a transactional activity that greases the wheels of business as usual. How does one ensure effective communication within the workforce? Read on to learn about all the various types of employee communication tools you can adopt in 2023 to ensure effective communication and maximize business outcomes.

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Business Management Daily

JANUARY 11, 2023

We wish we had a crystal ball, but we don’t. Nevertheless, 2023 is looking like another challenging year for Payroll as we get a few insights into what to expect. Here are five items we see coming this year. Final e-filing regs. The IRS punted on its final regulations , dropping the mandatory e-filing threshold for information returns for 2021 and 2022 W-2s, 1099s, and 1095s.

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Advertiser: Barley

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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