Money Talk

AUGUST 10, 2022

The year 2021 was noteworthy for the “Great Resignation” as about 47 million people quit jobs last year. The year 2022 is equally noteworthy for a “Great Unretirement” as millions of older workers who left jobs during the pandemic decided to come back into the labor force. One study found 1 in 5 retirees were likely to start working again soon. Factors contributing to this trend include: 1. a high demand for workers (sometimes coupled with increased pay, signing bonuses, and/or remote-work flexi

Disability Insurance 245

Disability Insurance Taxes Health Insurance Pension 245

Proskauer's Employee Benefits & Executive Compensa

AUGUST 10, 2022

On July 27, 2022, the U.S. Department of Labor (the “DOL”) issued notice of a proposed amendment (the “Proposed Amendment”) to Prohibited Transaction Class Exemption 84-14 (which is commonly referred to as the “QPAM Exemption”) that would (as described in more detail below) significantly amend certain of the exemption’s conditions, including: increasing the equity/net worth and assets under management thresholds to qualify as a “qualified professional asset manager” (“QPAM”); adding a new requir

Banking 111

Banking Government Insurance Management 111

HR Digest

AUGUST 10, 2022

When you need to describe a challenge you overcame, there are many options that you can apply. This kind of interview question is very sensitive and you should answer it in the right way. There are some things to avoid, and these are: Blaming others for some issues. Providing too many details . Telling a story with negative outcomes . All these bad things to avoid are very important because they can influence your interview outcomes. .

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Retail IT Management 98

AssuredPartners

AUGUST 10, 2022

Open enrollment (OE) can be a stressful and exhausting time for most HR departments and even employees. This period, which normally lasts about two to four weeks, is generally known to be a strain on HR staff due to the workload required to execute OE strategies, the volume of calls and questions, and attention to detail required to make sure all the data collected is accurate and sent timely.

Education 98

Education Technology Health Utilities 98

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Performance reviews are a proactive way to engage with your employees, provide clear communication about expectations, and acknowledge them for their hard work. But getting the right framework and creating consistency across your organization can be tricky. We put together this checklist to help you evaluate your current performance review process and equip managers with the right tools to perform individual assessments.

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InterWest Insurance Services

AUGUST 10, 2022

Cal/OSHA has issued a reminder to employers that they are required to protect their outdoor workers from unhealthy air due to wildfire smoke. Cal/OSHA’s Protection from Wildfire Smoke emergency regulation put in place in August 2019 was made permanent in February 2021. For the safety of your workers and to comply with the regulation, it’s important that you follow the regs and know when you will need to take action to protect them from outdoor smoke.

Employment 98

Employment Medical Management Insurance 98

InterWest Insurance Services

AUGUST 10, 2022

Employers who offer health savings account-eligible high-deductible health plans (HDHPs) to employees can significantly expand pre-deductible coverage for certain drugs used to manage chronic conditions — with only a tiny effect on premiums. That’s the finding of a new study from the Employee Benefit Research Institute (EBRI). The reason: According to research from Johns Hopkins University, poorly managed chronic medical conditions cost employers an estimated $198 billion every year.

Deductions 98

Deductions Deductible Family and Medical Leave Act Health Savings Account 98

PeopleKeep

AUGUST 10, 2022

If your employees are beginning to produce subpar results, their overall productivity is dropping, or your turnover rate is increasing, low employee morale might be to blame. Low employee morale can be difficult to correct once it takes root, as it often spreads throughout your organization. However, identifying the signs of low morale and knowing how to correct your organization’s trajectory before the damage is done can help you foster a highly engaged team.

IT 98

IT Employee Benefits Human Resources Employee Retention 98

HR Digest

AUGUST 10, 2022

The right to disconnect policy has been gaining traction globally ever since it was made into law by the French government back in 2017. The right to disconnect allows the employees not to answer calls, emails, or text messages from their employers outside of work hours. The French law also protects the employees from being fired on the grounds of misconduct if they don’t respond during their off-hours. .

Employment 94

Employment Government Work From Home Insurance 94

Best Money Moves

AUGUST 10, 2022

4 benefits to support LGBTQ+ employees in the workplace. These 4 key benefits can provide additional support to the unique challenges facing LGBTQ+ employees in the workplace. Members of the LGBTQ+ community report disproportionate levels of financial stress compared to straight and cis-gendered peers. In a survey of 2,005 LGBTQ+ Americans conducted by the Motley Fool , over two-thirds of respondents rated their financial stress as “very high.

Finance 92

Finance Retirement Plan Education Management 92

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Paid Leave

McDermott Will & Emery Employee Benefits

AUGUST 10, 2022

The US Supreme Court’s recent decision to overturn Roe v. Wade in Dobbs v. Jackson Women’s Health Organization has raised many questions about potential efforts by law enforcement agencies to obtain data from healthcare and other service providers to detect the performance of a possibly unlawful abortion. For example, data collected by period-tracking apps, patients’ […].

Healthcare 84

Healthcare Employee Benefits Health and Welfare Health Insurance 84

Patriot Software

AUGUST 10, 2022

Calculate wages. Withhold taxes. Repeat. That’s the cycle of running payroll for you. But every so often, you’ll get a curveball that changes tax rates. And if an employee earns beyond a certain amount, that curveball is the additional Medicare tax. So, how much do you know about the (spoiler alert) 0.9% Medicare additional tax? […] READ MORE.

Taxes 78

Taxes Payroll 78

TLNT

AUGUST 10, 2022

Is a muddled immigration policy hurting the US labor supply? That’s a question many are starting to ask.

Human Resources 96

Human Resources 96

Hppy

AUGUST 10, 2022

Since motivation is a key driver of a company’s success, it’s important for businesses to understand what motivates their employees. Motivated employees will work harder and push themselves to reach their company’s goals. While several factors, like opportunities to be promoted, benefits, and job satisfaction, contribute to employee motivation, money motivates most employees.

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Pay Raise Bonuses Commissions Financial Compensation 69

Advertiser: Paycor

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

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Business Management Daily

AUGUST 10, 2022

The use of freelancers or independent contractors has become increasingly popular over the past decade. Companies such as Uber and InstaCart are built on this type of gig labor. However, all businesses can benefit from working with independent contractors. Independent contractors are an especially helpful option for small businesses that need support in a certain area or a specific project but don’t have the demand or budget to justify hiring a full-time employee.

Taxes 59

Taxes Overtime Insurance Health Insurance 59

Global People Strategist

AUGUST 10, 2022

Did you know that there are different types of compensation laws in Europe? It’s true! And, depending on which country you’re in, the laws might be a little different. This blog post will look at the different types of compensation laws in Europe and what each one covers. Compensation Laws in Europe. As an employee in Europe, knowing what types of compensation are available to you if you are wrongfully dismissed from your job is essential.

Financial Compensation 52

Financial Compensation Salary Government Employment 52

Empuls

AUGUST 10, 2022

When a long-term, highly valued employee quits, organizations commonly experience a loss of talent with detrimental effects on the morale and productivity of the person’s team and department. In addition, the effect of the valued employees’ resignation can also ripple across the organization triggering an exodus of people with similar tenure and value.

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Paid Vacation Financial Compensation Retirement Plan Electronics 52

BetterUp

AUGUST 10, 2022

Jump to section. What is stress? 10 physical and psychological effects of workplace stress. How can workplace stress affect your family dynamics? How to identify stress at work. How to prevent stress at work. 7 common stressors at work. What affects your coping skills? How does stress affect your performance at work? Bottom line: Don't normalize stress.

IT 52

IT 52

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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?

Utilities

Honeybee

AUGUST 10, 2022

Ergonomics is the science that aims to improve our posture, and mobility by working with the objects and systems around us. By prioritizing ergonomics in the workplace, employees can decrease trips to healthcare providers such. Read more. The post How to Introduce Ergonomics to Increase Productivity appeared first on Honeybee Benefits.

Healthcare 52

Healthcare 52

Employee Benefit News

AUGUST 10, 2022

Education 100

Education Management Recruitment Technology 100

BetterUp

AUGUST 10, 2022

What does a healthy, psychologically safe workplace culture look like?

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Employee Benefit News

AUGUST 10, 2022

Recruitment 94

Recruitment Management 94

Advertiser: Paycor

From welcoming new team members to tough termination decisions, each employment lifecycle phase requires a balance of knowledge, empathy & legal diligence.

Management

Hppy

AUGUST 10, 2022

Workplace happiness is a hot topic these days. With studies showing that happy employees are more productive, companies are constantly looking for ways to make their office environment conducive for them. . But what kind of benefits do you have to offer to your employees? What role does medical care play in workplace happiness? In this article, we will explore the relationship between workplace happiness and medical care and discuss some benefits of providing employees with access to quality med

Medical 36

Medical Paid Leave Health Insurance Deductions 36

Employee Benefit News

AUGUST 10, 2022

Education 90

Education Healthcare Health Insurance Insurance 90

BetterUp

AUGUST 10, 2022

You might’ve heard the phrase “a born leader.”.

IT 52

IT Management 52

Employee Benefit News

AUGUST 10, 2022

Health 88

Health Management Employee Benefits Healthcare 88

Advertiser: Barley

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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