Tue.Jan 30, 2024

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70% of employers have global minimum standard for benefits

Employee Benefits

Almost three-quarters (70%) of employers have a global minimum standard for their employee benefits, according to research by global advisory firm Willis Towers Watson (WTW). Its Priorities for employee benefits: a global HQ perspective survey found this figure was almost double the 36% of respondents which said they have a global minimum standard in 2019.

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Workplace design and the corrective force of rediscovery

Workplace Insight

It has become something of a preoccupation of mine to consider why so many of the conversations we hold about workplace design are largely about the rediscovery of old ideas. It may be because there are constants about how people interact with their surroundings and each other and the truisms underlying those interactions. Although these are often reframed by the amount of data we now have to support them, some things never change.

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41% of employers have a dedicated carer’s leave policy

Employee Benefits

Employee Benefits poll: Two-fifths (41%) of organisations have a dedicated carer’s leave policy , according to a survey of Employee Benefits readers. Almost one-third (31%) of respondents said that they do not have a dedicated carer’s leave policy, with 28% stating that they do not have one but are planning on implementing one in the future. Earlier this month, employee benefits provider Unum UK enhanced its carer’s leave policy in order to further support its employees with caring responsibilit

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It’s Time to Post Your OSHA Form 300A

InterWest Insurance Services

Employers with 10 or more employees must post their completed OSHA Form 300A by Feb. 1 and keep it posted in their workplace until April 30. The form must be posted where the company usually posts other employee notices, like minimum wage and workplace safety notices. Form 300A summarizes the total number of fatalities, missed workdays, job transfers or restrictions, and injuries and illnesses as recorded on Form 300.

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Creating a Company Culture of Care: Integrating Mental Health, Wellbeing, and DEI in Benefits

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.

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The 25 best jobs for 2024

Employee Benefit News

The job search platform measured opportunity, flexibility and salary to find some of the best options available to the workforce.

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As climate change impacts workers, employers have an opportunity to act

Employee Benefit News

Weather-based issues are leading to financial hardship, especially for low and medium-income workers.

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A Long-Term, Part-Time Employee or a Former Long-Term, Part-Time Employee, That Is the Question

McDermott Will & Emery Employee Benefits

Under the SECURE Act and SECURE 2.0 Act, employers must provide long-term, part-time employees the opportunity to make elective deferrals under their 401(k) plans and, beginning in 2025, their 403(b) plans. Under the new rules, long-term, part-time employees include those employees who complete at least 500 hours of service in three consecutive years (reduced to […] The post A Long-Term, Part-Time Employee or a Former Long-Term, Part-Time Employee, That Is the Question appeared first on EM

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15 most hated jobs of 2024

Employee Benefit News

Adzuna analyzed job ads to see which people are least likely to click on, and the results are in.

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From Parental to Bereavement: The Latest Paid Leave Policy Trends 

International Foundation of Employee Benefit Plans

A new survey report from the International Foundation reveals current paid leave trends in workplaces throughout the U.S. The Paid Leave in the Workplace 2024 Survey Report provides a glimpse into what organizations are offering for vacation, sick leave, parental leave and […] The post From Parental to Bereavement: The Latest Paid Leave Policy Trends appeared first on Word on Benefits.

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New DOL Final Overtime Rules: Quickstart Guide for Employers

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.

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66% believe a retirement crisis is looming

Employee Benefit News

A survey from Clever revealed that many retirees are panicked and unsure about their financial future in retirement.

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How Do You Recruit Top Talent On A Small Budget?

HR Lineup

In today’s competitive job market, attracting and retaining top talent is crucial for the success of any business. However, for small businesses operating on limited budgets, the challenge of recruiting top talent can be particularly daunting. Despite financial constraints, there are several effective strategies that small businesses can employ to identify, attract, and retain the best candidates.

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How to Pay Employees: The Different Ways to Pay Your Employees

Patriot Software

How do you pay your employees? With checks? Direct deposit? Other? There are several ways to pay employees, especially as money continues to move into the digital sphere. If you want to know how to pay employees, take a look at these ways to pay your employees. And boy, do you have options.

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Return to office mandates linked to higher business travel costs

Workplace Insight

The majority of UK travel managers (89 percent) say travel is a growing business priority in 2024, anticipating increased budgets driven by return-to-office policies, inflation and ESG requirements. This is a key finding in new research by Uber for Business which claims to reveal a resurgent demand for business travel. The research, drawing insights from over 250 corporate travel managers across the UK, sets out to explore the top business travel trends and challenges to watch in 2024.

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6 Strategies to Navigate Social Determinants of Health for a Better Workplace

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.

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UPS plans to cut 12,000 jobs and force employees back into the office

Employee Benefit News

UPS plans to cut 12,000 management jobs to save the company $1 billion this year.

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The three biggest disruptors of our time

Workplace Insight

When we look at the context for change, we many times just look internally at what we think needs to change for whatever reason and then set about making that happen. Rarely do we think about what is going on for the people within the organisation and just how ready they and the organisation itself are for the actual change and the disruptors that underly it.

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DWP publishes updated occupational pension schemes regulations

Employee Benefits

The Department of Work and Pensions (DWP) has published the final version of the Occupational Pension Schemes (Funding and Investment Strategy and Amendment) Regulations 2024 and a consultation response. It has outlined what is required of defined benefit (DB) pension schemes in funding, investment strategy revisions are clearer on the flexibilities that were intended within the draft regulations, and has assured that the investment in the sustainable growth of sponsoring employers’ businesses i

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March 28, 2024 – Health Insurance Captives and Cost-Containment Initiatives

InterWest Insurance Services

WHEN: March 28, 2024 10:00 am – 11:30 am WHO SHOULD ATTEND: Business Owners, HR Professionals, CFOs, Finance Professionals JOIN US TO LEARN MORE: The benefits market is in a perpetual state of flux, and this year is no exception. With health insurance rates steadily rising, employers are seeking alternative solutions to combat escalating premiums.

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HR Trends to Watch in 2024 + Plus Advice for Driving Impact!

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.

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Ministry of Justice to increase pay for some criminal legal aid solicitors

Employee Benefits

The Ministry of Justice is to give criminal legal aid solicitors working in police stations and youth courts a pay increase from this summer. It will invest £16 million to increase fees for solicitors working in police stations, while it has allocated £5.1 million to augment pay for those taking on youth court legal aid work for the most serious offences by £548 per case.

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Long Overdue Public Safety Worker Coverage

Workers' Compensation

Legislation has been reintroduced to provide workers’ compensation benefits for certain public safety workers who developed an occupational illness or injury flowing from the September 11, 2001, terrorist attacks. A closer look at the legislation reveals that it removes defenses such as causal relationship, statute of limitations, and jurisdiction. Complicated statutory and regulatory challenges may ultimately offset the benefits offered.

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Maximizing Returns: Why Investing in Training is Crucial for Accounting Team Success

Professionals Alternative

[link] Maximizing Returns: Why Investing in Training is Crucial for Accounting Team Success The importance of training for accounting teams In the fast-paced and ever-changing world of accounting, staying ahead of the curve is essential for success. Accounting teams are at the heart of any organization’s financial operations, and their performance directly impacts the company’s bottom line.

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April 18, 2024 – 2nd Quarter Employers’ School Webinar – Leave Management

InterWest Insurance Services

WHEN: April 18, 2024 9:00 am – 12:00 pm JOIN US TO LEARN MORE: Managing state and federal leaves of absence can be a complex task. The interaction between FMLA, CFRA, PDL, ADA, and workers’ compensation can be challenging for even the most experienced HR professionals. In addition to overseeing various types of leave, employers must navigate the dynamic landscape of state and federal employment regulations, including SB553-the new CA Workplace Violence Prevention Law.

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Improving Access To & Utilization Of Cancer Screening With Color

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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Employee recognition and rewards programs

Higginbotham

Employees are the key to your organization’s success. Recognizing their efforts through well-designed reward programs isn’t just a nice gesture – it’s a smart way to keep your team motivated and your business thriving. When employees feel valued for their hard work, everyone wins. The Importance of Employee Rewards Some of your employees likely feel underappreciated.

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Indiana Court Allows Medical Malpractice Action to Proceed (in Part) Against Co-employee Physician

The Workcomp Writer

The Court of Appeals of Indiana has held that a nurse, who was exposed to and subsequently contracted crusted (Norwegian) scabies in the course and scope of her employment at a hospital could not proceed against a co-employee physician based on his treatment of another patient—she had alleged that her family members also contracted scabies following her own infection—or his actions as a medical director at the hospital, she could pursue a medical malpractice action related to any treatment she r

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The Future of AI at Work: How Nervous Should You Be?

BetterUp

Jump to section What’s artificial intelligence technology? The development of artificial intelligence as of 2023 Artificial intelligence scope in the future of work Will features of artificial intelligence replace your job?

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10 Must-Know Employee Engagement Statistics For 2024

Vantage Circle

Employee engagement is the driving force behind exceptional workplaces. It embodies the commitment and enthusiasm employees bring to their roles. Yet, comprehending the depth of employee engagement requires more than observation. It demands data. After all, a data-backed approach empowers organizations to build an engaging environment. This is where statistics come into play.

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Balancing Cost and Care: 3 Key Considerations for Cost Optimization in 2024

Discover essential strategies for employers to balance cost optimization with care. The top priorities for employers in 2024 are retaining talent, growing revenue and sales, and attracting talent. To achieve these goals, employers are turning towards comprehensive total rewards strategies informed by data-driven insights. Hear from industry experts on cost optimization strategies and how to leverage these approaches for a healthier workforce.