Thu.Jul 14, 2022

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Inflation Could Hit Group Health Insurance Premiums

InterWest Insurance Services

The health care sector is not immune to the effects of spiking inflation, and the increasing cost of care is likely to spill over into health insurance — but it’s uncertain by how much. Mid-year is the time that health insurers start setting their pricing for the upcoming year, and they are currently locked in what one trade publication calls “bloody” contract negotiations with doctors and medical networks to secure the highest prices they can for their services.

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Building a Thriving Work Culture: Eloiza Domingo

HR Digest

In these challenging times, Eloiza Domingo, VP and Chief Inclusive Diversity & Equity Officer at Allstate, is making a herculean effort to build on the advantages of a values-driven corporate culture. In a conversation with The HR Digest , she explains why DE&I is a new frontier and plays a dominant role in motivating employees at the largest insurer in America.

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Know How to Create a Successful Hybrid Working Model and the Tools to Get You There

Qandle

The word “hybrid” has emerged as one of the most popular terms in 2022. Companies are keen to summon staff back to work now that the pandemic’s spread has slowed down significantly. However, due to the fact that many workers now like working remotely, the WFH system that has been in place for more than two years has presented its own unique set of issues.

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Taking a Holistic Approach Business Succession Planning

AssuredPartners

Most business owners spend a great deal of time building a business and very little time thinking about an exit strategy. Detailed planning is needed to ensure a smooth, seamless transition, and because there are multiple aspects that affect a transfer, having a solid business succession plan in place is key. There are four key elements of a successful plan.

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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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Why self-assessment is a critical exercise for business leaders

Insperity

As a business leader, you’re probably accustomed to conducting performance reviews with employees. This is because it’s so important for team members to receive constructive feedback from objective third parties. We simply do not see ourselves the way other people do. But what about you – who’s reviewing your own performance? Maybe someone is once a year as your regular performance review, but maybe no one is.

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Employers Upset About Three Bills

InterWest Insurance Services

There are three measures progressing in the state Capitol that businesses should keep an eye on as they could have profound effects for them. The measures passed their houses of origin by the legislative deadline of May 27 and will now be heard in the other house. The bills, if they become law, will affect some employers more than others, but the most controversial one is SB 1044.

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Post-Dobbs Employer Actions: New Survey Results

International Foundation of Employee Benefit Plans

Over one in four employers is exploring the expansion of covered abortion services, according to a new report from the International Foundation of Employee Benefit Plans. The Post-Dobbs Employer Coverage: Read more > The post Post-Dobbs Employer Actions: New Survey Results appeared first on Word on Benefits.

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Biden Administration Takes Action to Improve Competition, Transparency and Quality for Hospitals and Nursing Homes

McDermott Will & Emery Employee Benefits

The Centers for Medicare & Medicaid Services (CMS) recently published detailed databases summarizing changes of ownership of Medicare-enrolled hospitals and skilled nursing facilities (SNFs). The databases currently include information from 2016 to 2022, but the data will be updated and released quarterly. CMS also released the skilled nursing facility prospective payment system (SNF PPS) proposed […].

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A Holistic Approach to Employee Experience: Sonia Cargan

HR Digest

As one of the largest organizations globally, American Express has carved an employer brand as strong as its name in the financial world. Sonia Cargan, Senior Vice President, Chief Colleague Diversity, Equity & Inclusion and Talent Officer at American Express, talks exclusively to The HR Digest about how people-focused strategies have been the key to the giant’s success.

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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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Career Growth: What It Is And Why It Matters

BetterUp

Jump to section. What is career growth? The benefits of career growth? How is career growth different from career development? What are career growth opportunities? How career growth improves employee retention. What is a manager’s role in career development and growth? How to create career growth opportunities for employees. How employees can work on their own career growth.

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How to support parents returning to the workplace

TLNT

As any HRD should realize, seeing staff return to the workplace after the birth of a child comes with many positives and negatives.

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After years of intense change, employee goals have changed too.

BetterUp

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The EEOC Restricts COVID Testing by Employers

Workers' Compensation

Testing is one of the most important layers of protection that employers and employees have against COVID-19. The US Equal Opportunity Commission [EEOC] has now placed a restriction on COVID testing for employers limiting to only where there is defined “business necessity.” EEOC updated a number of Q&As on July 12, 2022, including A.6. EEOC’s assessment at the outset of the pandemic was that the ADA standard for conducting medical examinations was, at that time, always met for employers to c

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Recruit and Retain New Blue-Collar Talent

Blue-collar jobs have a branding problem. One company, GEON, partnered with Paycor to find the solution. Learn how to attract, engage, and retain blue-collar employees, helping them build meaningful careers – and support your company’s goals.

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Setting a New Global DE&I Record: Wanda Hope

HR Digest

“What truly informs and drives DE&I at Johnson & Johnson is our enterprise-wide, evidence-based strategy,” says Wanda Hope, Chief Diversity, Equity, and Inclusion Office at Johnson & Johnson. In an exclusive interview with The HR Digest, Hope calls for a commitment to flexible working, diverse recruiting, and leadership in creating cultures of diversity, equity and inclusion.

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Top Performance Management Frameworks | Darwinbox

Darwinbox

Performance management frameworks are a way to incorporate all your performance management practices within your HR operations in the most structured way possible. In this article, we discuss the five major types of performance management frameworks and how they can help an organization achieve success and growth.

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DE&I From Every Angle: Kiera Fernandez

HR Digest

Kiera Fernandez, Chief Diversity & Inclusion Officer and Senior Vice President of Talent & Change, Target, is already hard at work to neutralize our biases and unleash untapped talent. In recent years, Fernandez has advocated increasing the number of initiatives for groups that are traditionally underrepresented in the corporate world – and has gotten results.

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13 Types of Goals to Set — And Achieve — This Year

BetterUp

Jump to section. What are goals? 3 types of goals based on results. 3 types of goals based on time. 7 types of goals based on areas of your life. What does it mean to make your goals SMART? A final thought: What if you don’t set enough goals for your life?

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Employer Insights Report 2024: The State of Cancer

96% of benefits leaders agree: detecting cancer early is the best way to get ahead of rising costs and improve employee health outcomes. So why is it that 82% of employers currently spend significantly more on post-diagnosis care and disease management rather than upstream care? A new survey of 250 benefits leaders who oversee 500 to 50,000 covered lives highlights their perspective on cancer and its burden.

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Putting Employees First to Drive Better Business Result: Kavitha Prabhakar

HR Digest

As a prominent influencer of diversity, the Chief Diversity, Equity, and Inclusion Leader at Deloitte US has made a magnificent contribution to paving the way to a culture fit for the industry’s most driven workers. The HR Digest had the opportunity to interview Kavitha Prabhakar who provided some illuminating insights on how Deloitte US is equipped to drive change in its workforce, and what lessons have been reinforced over the past year to help the innovation engine become future ready.

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7 Employee Retention Strategies to Help Reduce Staff Turnover

Sodexo Engage

Summary: 7 Employee Retention Strategies to Help Reduce Staff Turnover. Why is staff retention especially important now? What are the leading causes of high employee turnover? 7 innovative employee retention strategies. 7 Employee Retention Strategies to Help Reduce Staff Turnover. Is your organisation seeing a higher than expected employee turnover rate?

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Purpose vs. Passion: Finding Both Can Change Your Life

BetterUp

Jump to section. The definition of passion. What is purpose? The difference between passion and purpose. When true purpose meets passion. Bringing it all home.

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Supporting sobriety at work: How Salesforce created inclusion with ‘Soberforce’

Employee Benefit News

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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.

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Why Communication is Key in the Workplace and Ways to Improve

BetterUp

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It’s Time to Check-In on your FSA Funds

Benefit Resource Inc.

It’s July, and that means we’re already halfway through 2022! If you have a Flexible Spending Account (FSA), you probably have some funds to spend before the end of the year. Now is a great time to check in on your FSA funds and other pre-tax accounts. It’s not too late to start planning how to spend your account funds. Remember, in most cases, FSA funds don’t rollover each year, which means you lose the funds you don’t spend by the end of 2022.

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Bad habits from the pandemic can (and need to) be broken

Employee Benefit News

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The Collaborative Effort of HR and Procurement

Hppy

Running a successful business is not without its challenges. There are many things you need to consider, and human capital makes up a huge part of running operations and managing finances. Hiring the right individuals whose work ethic and ideas align with your vision can be time-consuming and expensive, making this an issue for HR and procurement teams both.

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The Employer’s Guide to Early Cancer Detection

A comprehensive early detection strategy for cancer is no longer a nice-to-have for employers; it’s a must. The reality is 1 in 2 women and 1 in 3 men will be diagnosed with cancer at some point in their lives, and the physical, emotional, and financial impact on both employees and employers is great. To help improve your employees’ health outcomes and reduce cancer-related costs, download The Employer’s Guide to Early Detection.