Thu.May 09, 2024

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Retirement Research Results and Recommendations

Money Talk

I recently reviewed notes that I took at recent presentations about retirement. Below are seven recommendations that stood out to me and might be helpful to Money Talk blog readers: Define Your New Self - People may retire after decades of work, but they do not retire from life. To prepare for this transition, make a point to define yourself by who you are rather than what you do.

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Nike Layoffs Announcement to Affect 740 Employees by June 28

HR Digest

The Nike layoffs announcements from back in February will soon finish taking shape in June, as 740 employees from their World Headquarters in Oregon will be asked to leave. The company had announced a 2 percent reduction of the workforce, targeting a reduction of at least 1,600 employees over time. Nike’s layoffs within its workforce are part of a much larger cost-cutting strategy after their last annual report in December did not see profitable results to the degree the company had expected.

Retail 139
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Hubris and Petulance

Florida Workers' Comp

There are a great many judges in this world. The idea of a judicial system is reasonably universal, though the stature, dignity, and independence of those display some significant degrees of variety across the globe. In the United States, there are something more than 30,000 judges. In such a broad field of people, it is likely difficult (at best) to distinguish yourself.

Media 104
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75% used workplace schemes to access healthcare services through insurance

Employee Benefits

Of the 1.8 million employees who accessed healthcare services through health or protection insurance in 2022, 1.3 million (75%) relied on workplace-provided schemes to do so, according to research by the Association of British Insurers (ABI). Its Growing demand – increased use of health and protection services in 2022 report also found that almost 600,000 (87%) of the 700,000 people included in the research who used virtual GPs in 2022 did so through their employer’s scheme.

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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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More content! New themes! New font! Same old team! It’s all there for you in this issue of Works magazine

Workplace Insight

The digital edition of the new Works magazine is now available for you here. And it’s bigger, and dare we say better, than ever. In this issue: we look back on Milan Design Week and forward to Clerkenwell Design Week; there are no fewer than four projects highlighting the latest design trends and thinking; we present the award winners from the Sustainable Design Collective; explore how biophilia shouldn’t just be about a plant in the office and a picture of field on the wall; set out

Banking 110

More Trending

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As hybrid offices continue to evolve, report explores global occupancy planning

Workplace Insight

Four years after the start of the pandemic, a new survey from JLL claims that hybrid working is now the most common workstyle globally, with 87 percent of organisations operating with a hybrid program today. JLL’s new 2024 Global Occupancy Planning Benchmarking Report claims to outline how hybrid offices are actively shifting to accommodate a greater variety of work activities and how companies can look at occupancy planning and workplace design more holistically to reflect these changes.

Utilities 109
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Showtown Blackpool rolls out play days and commits to making work fun

Employee Benefits

Showtown Blackpool, which is operated by the Blackpool Heritage and Museum Trust, has introduced quarterly play days and monthly feel better circles to create a workplace culture of success for its employees. Through the creation of a cultural programme that reflected its values as part of a year-long partnership with consultancy Laugh Think Play, the museum has invested in employees’ personal and professional development by giving them the opportunity to come together and check in.

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IRS Announces 2025 Limits for Health Savings Accounts, High-Deductible Health Plans and Excepted Benefit HRAs

McDermott Will & Emery Employee Benefits

The Internal Revenue Service (IRS) recently announced (see Revenue Procedure 2024-25) cost-of-living adjustments to the applicable dollar limits for health savings accounts (HSAs), high-deductible health plans (HDHPs) and excepted benefit health reimbursement arrangements (HRAs) for 2025. All of the dollar limits currently in effect for 2024 will change for 2025, with the exception of one […] The post IRS Announces 2025 Limits for Health Savings Accounts, High-Deductible Health Plans and E

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5 foods you can add to your diet to combat stress

Employee Benefit News

Lifesum's workplace well-being director offers her guide to eating better for your mind, as well as your body.

Food 107
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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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Why Transparency is the Secret to Improving Employee Experience?

HR Lineup

In today’s rapidly evolving corporate landscape, the focus on employee experience has become paramount. As organizations strive to attract and retain top talent, they are increasingly recognizing the importance of fostering an environment where employees feel valued, engaged, and empowered. While various factors contribute to a positive employee experience , one key ingredient stands out: transparency.

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CMS Releases FY 2025 IPPS Proposed Update

McDermott Will & Emery Employee Benefits

On April 10, 2024, the Centers for Medicare & Medicaid Services (CMS) posted the Hospital Inpatient Prospective Payment System (IPPS) proposed update for fiscal year (FY) 2025, along with proposed policy and regulation changes. The proposed rule would update Medicare payment policies and quality reporting programs relevant for inpatient hospital services, and build on key […] The post CMS Releases FY 2025 IPPS Proposed Update appeared first on EMPLOYEE BENEFITS BLOG.

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From financial wellness to mental health support, 5 benefits nurses need now

Employee Benefit News

Long-time nurse Rachel Norton shares steps leadership can take to make sure RNs know they're appreciated.

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Generative AI and Security Implications in the Workplace

International Foundation of Employee Benefit Plans

Although artificial intelligence (AI) technology has been used for years to create algorithms, identify patterns and automate processes, certain AI-powered tools are newer and still evolving. One such tool is generative AI. Along with other AI tools, generative AI is gaining use […] The post Generative AI and Security Implications in the Workplace appeared first on Word on Benefits.

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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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Fostering a future-forward corporate culture through innovative health insurance plans

Employee Benefit News

Innovative plan strategies can have a wide-range, positive effect on a diverse workforce.

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Work-life balance… supporting the needs of working parents

Employee Benefits

Following on from last week’s Maternal Mental Health Campaign, we’re keeping the focus on working parents. We say working parents, but there will be a specific focus on working mums for reasons we’ll delve into during this blog. Work-life balance isn’t just about time; it’s about having the energy – physical and mental – and finances to get the most from life.

Salary 59
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What will happen to young talent if AI eliminates entry-level jobs?

Employee Benefit News

Data from a workplace insight platform shares that most leaders even trust AI's decisions over that of young talent.

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Total Payroll Transformation: Payroll Congress Photo Slideshow #3

APA Congress Today

See photos from Wednesday's Costume Contest and FÊTE! Payroll Congress Party and Thursdays workshops, Expo, and more at PayrollOrg's 42nd Annual Payroll Congress in Nashville.

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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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Florida Court Reverses Award of Attendant Care Award to Claimant’s Husband

The Workcomp Writer

A Florida appellate court yesterday set aside, in relevant part, a JCC’s decision awarding a claimant’s husband payment for attendant care services [ Girardin v. AN Fort Myers Imps., LLC , 2024 Fla. App. LEXIS 3564 (1st DCA, May 8, 2024). The appellate court held the JCC erred by failing to ensure the husband was paid only for services that did not fall within the scope of normal household duties gratuitously provided by family members, as required by § 440.13(1)(b), Fla.

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Education Key to Attaining Goals, Says Yannetta

APA Congress Today

Ryan Yannetta, CPP, PHR, SHRM-CP, doesn’t care that it took him three times—three times!—to pass his CPP. In fact, the Vice President, Implementation at ExtensisHR believes it is an indication of his passion for payroll, his chosen profession.

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Divided W. Va. Supreme Court Affirms Denial of Parkinson’s Disease Claim

The Workcomp Writer

In a split memorandum decision, the Supreme Court of West Virginia affirmed the denial of workers’ compensation benefits to a claimant who alleged he developed Parkinson’s Disease due to occupational exposure to paints, solvents and chemicals as an auto paint technician [ Gwinn v. Lewis Chevrolet Co. , 2024 W. Va. LEXIS 200 (May 7, 2024)]. The court held the claimant failed to establish a clear diagnosis of the disease, as required by W.Va.

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Five Ways to Celebrate This Year’s NPW

APA Congress Today

From September 2-6, PayrollOrg chapters, organizations, and individuals will come together to celebrate that joyful “We Just Got Paid” feeling as part of National Payroll Week ® (NPW).

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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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20 Best Productivity Books You Should Read

BetterUp

Reading some of the most recommended productivity books is a great place to start when you're looking to level up your self-development and productivity.

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PayrollOrg Employees Honored During 42nd Annual Payroll Congress

APA Congress Today

PayrollOrg celebrated 13 staff members for their tenure during today’s Closing General Session at the 42nd Annual Payroll Congress in Nashville, Tennessee. These employees have been valued members of PayrollOrg’s staff for at least 10 years and were given commemorations celebrating their longevity.

Payroll 52
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NYC sued for withholding IVF coverage for gay male employees

Employee Benefit News

The lawsuit brings forth the question of who gets covered by employer-sponsored health plans.

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Scan to Receive Moulla’s Audience Photo

APA Congress Today

If you enjoyed French magician and illusionist Moulla’s opening performance at Wednesday’s General Session, scan the QR Code to get a copy of the “selfie” photo he took of you and all the other attendees.

Payroll 52
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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.