Fri.Oct 07, 2022

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Make your benefits sizzle by bringing them into your HCM

CorpStrat

If you have a robust Human Resource Management (HRMS) tool, you could be missing out on the full benefits of technology and automation if you’re not adding your Employee Benefits management into it. It might be surprising to hear but employees rank Employee Benefits as the number two reason they stay at or switch jobs. That’s right, Employee Benefits are second only to salary.

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Mental health in the workplace: 9 Reasons why it needs to be a priority

Sodexo Engage

Summary: 9 reasons for prioritising mental health in the workplace. 1. Absenteeism. 2. Disengagement and lack of motivation. 3. Duty of care. 4. Employee burnout. 5. Financial implications. 6. CSR credentials. 7. Talent acquisition. 8. Employee retention. 9. Risk to people and business. Make employee mental health your number 1 priority with Sodexo Engage.

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What is the future of people analytics?

HR Digest

The future of people analytics is an exciting one. As our world becomes more connected, with more and more people in the workforce, we will be able to better understand how to best leverage the skills and talents of our employees. This will come in many forms: from understanding how to make the most of collaboration between departments, to knowing when and where to invest in training for new hires, and even knowing which employees are ready for promotions.

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Farewell to a Coworker: 15 Ways to Wish Them Well and Say Goodbye

BetterUp

Jump to section. Cultivating work relationships. Why is it important to say goodbye? What is the best way to say farewell to a coworker? 15 ways to say farewell to a coworker. For the future: tips to consider when saying goodbye.

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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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Medical Claims Reviews—What Your Plan May Be Missing

International Foundation of Employee Benefit Plans

With thousands and thousands of codes that can be assigned to everything from the diagnosis of a patient’s condition to the facility where they receive care, there is plenty of. Read more > The post Medical Claims Reviews—What Your Plan May Be Missing appeared first on Word on Benefits.

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Quiet Quitting- All You Need To Know About The New Trend

Vantage Circle

If you haven't been living under a rock for the last few months, you've probably heard the term "quiet quitting" being discussed, criticized and defended all over social media. If you’re an active Tik Tok, Instagram, Twitter, or Linkedin user, you must have come across the term dozens of times. After all, the buzzword has set social media on fire and has divided the corporate world into two.

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Situational Interview Questions: Think Smart and Hypothetically

BetterUp

Jump to section. Why are situational questions asked? Situational versus behavioral interview questions. Answering situational interview questions: Do's and don'ts. 15 situational interview questions. Moving forward.

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The Pros and Cons of EMV Credit Cards

Benefit Resource Inc.

In recent years, credit cards with a chip have become increasingly popular. This is because they are seen as more secure than traditional credit cards. While this is true, there are also some disadvantages to using credit cards with a chip. In this blog post, we will take a look at the pros and cons of EMV credit cards with a chip so that you can make an informed decision about whether or not they are suitable for you.

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Your guide to individual development plans (with examples)

BetterUp

It’s often said that any organization’s most valuable asset is its people. If you prioritize retention (a top area of focus in today’s labor market ), it’s not enough to focus on just getting people in the door. Researchers are consistently finding that a strong career development program is one of the top benefits employees are looking for. If you’re looking for a meaningful way to begin emphasizing employee growth, individual development plans (or IDPs) are a strong place to start.

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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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Long story short: Make a difference in an employee's life with your benefits

Employee Benefit News

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Crafting a Company Mission Statement: A How-To Guide

BetterUp

Today’s talent wants to work for companies that align with their values. For example, according to a recent survey from Qualtrics , more than half of employees in the US (56%) wouldn’t consider a job at a company with values they disagree with. And over half (54%) would take a pay cut to work at a company with a strong mission and values.

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New Fee Rules for Obtaining Medical Records

Workers' Compensation

A new law has been enacted that amends the current law concerning the fees that may be charged for copies of medical and billing records by hospitals and by health care professionals licensed by the Board of Medical Examiners. Obtaining medical records in Workers’ Compensation actions is a standard claim and litigation procedure. Hospital Records With regard to hospitals, the bill provides that a current prohibition against a hospital charging a fee to provide an electronic or paper reproduction

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Groups Asked for Their Form 5500 Group Plan Number

Employer Connection

The Consolidated Appropriations Act, 2021, (CAA) mandates the submission of data related to healthcare and pharmacy spending and premium data by employer-sponsored health benefit plans. Star Marketing and Administration, Inc., will submit this data on their behalf, but we are requesting their input to complete this accurately. To help self-funded plans comply with the Prescription Drug Data Collection provision of the CAA, we are asking employers to submit their group health plan number reported

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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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Jobs rise while unemployment drops, keeping pressure on Fed

Employee Benefit News

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What are OKR Goals? The Basics of This Goal Setting Approach

15Five

It took 2,500 years to build the Great Wall of China. The Ming Wall alone, its most famous section, took 276 years to build. So did every bricklayer — or even every Ming emperor — show up to work each day thinking about completing the Great Wall? We certainly hope not, or they’d be overwhelmed with stress! That’s the idea behind OKRs, or objectives and key results.

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How often should we make 360 feedback available to employees?

Employee Benefit News

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Hybrid working and productivity – measuring outputs not inputs

LACE Partners

Next week we’ll be launching a new piece of research, following analysis we conducted with over 30 CPOs from different sectors and company sizes, to find out what the ‘one big thing’ was that was their big pressing concerns in the coming 12 – 18 months. One of the main challenges highlighted by a large number of respondents related to hybrid working.

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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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No, seniors won't lose their Social Security if they 'unretire'

Employee Benefit News

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Cases to watch: October 2022 legal round-up

Business Management Daily

It can be difficult to keep up with the many lawsuits constantly being slung at businesses. Which ones are important? What cases could have insights that impact our business? Is this too niche to have a broader impact? With the business landscape rapidly changing, it’s not always enough to look at existing case law. In fact, many lawsuits are pushing limits that would have been unforeseeable just a few years ago.