Money Talk
MAY 23, 2024
It seems like scams are everywhere these days and they affect people of all ages. Below are eight expert recommendations to avoid being a victim of fraud: Get a Contract and Read It- Always have written contracts and review them carefully before signing them when engaging contractors or other service providers to perform work. Don’t leave any blank spaces and always keep a copy of any document that you are asked to sign.
Florida Workers' Comp
MAY 23, 2024
The British Broadcasting Corporation British Broadcasting Corporation (BBC) noted recently an evolving "arms race" in the realm of deep fakes. The article explains that some humans have a curious ability to identify fake photographs on a reasonably consistent basis. Despite that, the rest of us seemingly struggle in that regard. The supposition is, therefore, that technology will be required.
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Workplace Insight
MAY 23, 2024
A new study from researchers at Purdue University has found that 52 percent of ChatGPT’s responses to programming queries were ‘riddled’ with misinformation. Even so, people were more likely to trust its answers because they found the application to be so damn polite and well-spoken. It’s the Buster Scruggs of AI. The team examined ChatGPT’s attempts to tackle 517 programming questions.
International Foundation of Employee Benefit Plans
MAY 23, 2024
It’s been a busy time in Washington, D.C., with an array of regulatory releases since mid-March. Adding to the attention this space has already been drawing, the latest Talking Benefits podcast episode provides a run-down of what’s been happening so plan sponsors […] The post It’s a Busy Time in Washington: What Plan Sponsors Should Care About appeared first on Word on Benefits.
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Saving for retirement is no easy task, and as an employer we know you want to help your employees get what they need out of their retirement benefits. With a health savings account (HSA), you can relieve the burden of health care costs for both you and your employees. With our new report, “Using an HSA to Save for Health Care in Retirement,” you can get insights on the costs of a modern retirement and dive into the details of the triple-tax benefits HSAs offer.
McDermott Will & Emery Employee Benefits
MAY 23, 2024
The New York State fiscal year 2024 – 2025 budget institutes a new tax on health plans, including insurers and managed care organizations. This tax has been garnering attention for its promise to yield $4 billion for New York State. The expected revenue from the tax, however, is set to come not from the health […] The post New York State Budget Institutes Revenue-Neutral Health Plan Tax appeared first on EMPLOYEE BENEFITS BLOG.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
Employee Benefits
MAY 23, 2024
Cisco, logistics business DHL Express and hotel chain Hilton have been named as some of the UK’s Best Workplaces for Development in 2024. For the first time, workplace culture organisation Great Place To Work analysed more than 230,000 employees’ responses to identify areas that have the greatest impact on a positive employee perception of development.
Employee Benefit News
MAY 23, 2024
The director of people and culture at HiBob shares how managers can navigate their workers' PTO needs this summer.
Workplace Insight
MAY 23, 2024
The rise of remote work, fuelled by the pandemic, may serve up a hidden danger for employees. Accountants warn that employees who relocate abroad while working for a UK-based company could end up paying income tax in both countries, on top of social security contributions in their host nation. This situation arises from the increased flexibility offered by many companies.
Employee Benefits
MAY 23, 2024
Multinational brewer Carlsberg Group has hired Susanne Skippari as chief human resources officer and a member of its executive committee, due to join in the beginning of September. Skippari will join from Kone, a global firm in the elevator and escalator industry that employs 60,000 people and operates in more than 60 countries, where she served as executive vice president, people and communications, and was a member of the executive board.
Speaker: Sean Raible
Picture a workplace where physiological safety is not just an aim but a reality, driven by thoughtful employee benefits that prioritize mental health, wellbeing, and DEI. 🤔 ✨ Achieving this vision requires more than just occasional training sessions and employee assistance programs. Moving beyond the basics, this vision calls for a holistic approach that integrates these elements into your company culture as well as your HR and benefits strategy.
Workplace Insight
MAY 23, 2024
New research from ESMT Berlin finds that individuals strategically select the colleagues they evaluate, and the evaluation they give, based on how they want to be perceived. Linus Dahlander, professor of strategy and Lufthansa Group Chair of Innovation at ESMT Berlin, alongside colleagues from Purdue University and INSEAD, investigated the impact of how people evaluate peers based on the behaviours of Wikipedia members, for which peer evaluations are transparent.
Employee Benefits
MAY 23, 2024
Nearly one-quarter (23%) of UK employees are unsure of the size of pension pot they require to achieve their desired retirement income, according to research by online pension provider PensionBee. Its survey of 1,000 working-age UK adults also found that 15% of respondents thought they would need a pension pot of less than £150,000, while 14% estimated they would require a retirement income of between £150,001 and £250,000.
Winston Benefits
MAY 23, 2024
The Rise of Mental Health Benefits While the popularity of mental health benefits was on the rise pre-2020, the pandemic and its aftermath significantly accelerated their adoption. A Fortune article revealed that almost 40% of employers expanded mental health benefits during the pandemic. Fast forward to 2024, and a staggering 62% of employers now provide … Continue reading "The Evolution of Employee Mental Health Benefits" The post The Evolution of Employee Mental Health Benefits appeared
Employee Benefit News
MAY 23, 2024
These offerings can bring an elevated amount of financial security to workers.
Advertiser: Paycor
There’s a new overtime salary threshold that will impact employers across the country. If you have an employee making less than $43,888 on July 1 or less than $58,656 on January 1, you’re going to have to start paying overtime. Download Paycor’s guide to learn: Which groups of employees are affected? How should you classify employees? Best ways to mitigate risk.
WEX Inc.
MAY 23, 2024
Many employees desire a personalized benefits experience, creating a significant challenge for HR teams. They must find the right technology and partner to streamline processes and deliver these personalized interactions while managing complex benefits programs. Keep reading to learn how technology is evolving to streamline HR processes and strategies for selecting the most suitable benefits administration partner.
Employee Benefit News
MAY 23, 2024
A California bill would have made it illegal for employers to send work-related communications outside of business hours.
Workplace Insight
MAY 23, 2024
New research from Pearson claims to show the potential of Generative AI to boost workplace productivity by helping UK workers to save ’19 million hours a week’ on routine and repetitive tasks. The new instalment of Pearson’s Skills Outlook series, ‘Reclaim the Clock: How Generative AI Can Power People at Work’ – looks ahead to 2026 and claims too identify the top 10 job tasks with the most time saved by using the technology, in five countries (Australia, Brazil, India, UK and U
BetterUp
MAY 23, 2024
Jump to section The importance of performance reviews 53 performance review examples 3 tips for delivering a performance review to an underperformer A performance review is an opportunity to foster growth
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In today’s dynamic work landscape, where the lines between personal and professional life blur, understanding the intricate interplay between social determinants of health (SDoH) and emotional wellbeing is paramount. Employers must acknowledge that the whole person comes to work and every aspect of a person’s personal and professional life, especially their mental health, comes with them.
Business Management Daily
MAY 23, 2024
Which of the following would you label as toxic employees? Jen consistently posts admirable sales figures and ensures the entire team knows it. She is fond of explaining her success strategy, even to those who don’t want to hear it: Look out for number one. Pitching in to help a stressed colleague wastes your own time. Learn to say, “That’s not my job.” Don’t squander your advantages by sharing tips with others on the team.
Employee Benefits
MAY 23, 2024
A former software executive at Gravity Supply Chain Solutions has been awarded £89,900 after an employment tribunal ruled that his employer had discriminated against him in association with his wife’s cancer treatment and that associative discrimination took place due to an underlying insensitivity around her terminal condition. Graham began working for the software firm as head of business partnerships in 2015, initially at its Hong Kong office, and from April 2021 for its UK entity.
HR Digest
MAY 23, 2024
Wondering how to discuss promotions without overpromising while still embracing an optimistic tone? You might want to normalize having regular workplace promotion conversations and establish a step-by-step promotion path so you can be on the same page as your employees. Talking to employees about promotions can be a very awkward ordeal. Sometimes you have to deal with promotion requests by letting them down gently and conveying that the time is not right.
15Five
MAY 23, 2024
“How much time off do we get?” “How does the company investigate harassment?” “What’s the deductible for our health program again? An employee handbook is key to answering questions like these or pointing an employee to the answer. It isn’t a massive document full of all the policies and procedures your organization uses, but it should be an employee’s first reference point when they have a question about anything your company does.
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The pressure is on to create a positive onboarding experience. Plus, a sub-par onboarding process can domino into other concerns such as low performance, burnout (for you and new hires), and retention challenges. Our 2024 State of HR report will give you a realistic picture of the HR landscape and tips to onboarding effectively in the year to come.
Higginbotham
MAY 23, 2024
The advent of cloud computing has revolutionized how businesses store, process and manage their data. However, this transformation also brings significant cyber and errors and omissions (E&O) liabilities that companies must consider. A common misconception among businesses is that transferring data to the cloud shifts the associated risks to the cloud provider.
Employee Benefit News
MAY 23, 2024
More than 160,000 borrowers will see a reduction in their debt.
InterWest Insurance Services
MAY 23, 2024
As the workforce ages and many employers want to keep on baby-boomer staff who have the experience and institutional knowledge that is irreplaceable, one issue that always comes up is how to handle health insurance. Once your older workers reach the age of eligibility for Medicare, under current law you can help them pay for Part B and D premiums with a Medicare Premium Reimbursement Arrangement.
WEX Inc.
MAY 23, 2024
Reconciliation challenges are felt directly by your back-office employees, but they also have an indirect impact on your company’s bottom line, forecasting capabilities, and cash flow. Efficient and effective reconciliation can free up your employees to focus on other needs, reduce fraud, and boost customer satisfaction. Fortunately, virtual cards are a smart way to pay and can improve reconciliation.
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Discover how Color's comprehensive care solution is revolutionizing cancer screening adherence and knowledge. Through an in-depth case study, Color's unique approach to comprehensive cancer care has shown significant benefits in increasing screening rates and enhancing patient knowledge. Participants reported a 2-3x increase in adherence to screening guidelines over just 8 weeks, with 84% of participants increasing their familiarity with timing and frequency of cancer screening.
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