Thu.Oct 27, 2022

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Financial wellness has gone digital — Are your benefits keeping up?

Employee Benefit News

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How to Effectively Train Employees

HR Digest

Asking the right questions before selecting or designing an employee training program can help determine whether the handpicked approach is the right solution or whether there’s an immediate need for performance issues to address. What matters is not how effective employee training methods you’ve picked, but the prior methodology wherein the trainer determines training goals, adaptive behavior, and whether certain employee training methods for employees are worth pursuing.

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Soft Skills for Leadership and Employees to Hone

BetterUp

Jump to section. What are soft skills? Why do soft skills in the workplace matter? Examples of soft skills that are crucial at work. How to spot soft skills in employees and candidates. How to help employees with soft skill development.

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Legal & Legislative Reporter: Mental Health Parity Act Violation

International Foundation of Employee Benefit Plans

Select case summaries from the Benefits Magazine October 2022 Legal & Legislative Reporter. The post Legal & Legislative Reporter: Mental Health Parity Act Violation appeared first on Word on Benefits.

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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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Agile Organization: 5 Tactics to Help Your Business Grow

BetterUp

Agile organization. If you’re here, you’ve likely heard this term. It has floated around virtual meetings. It's been blasted from stages in conference centers and hovered in strategy meetings.

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The power of management empowerment

LACE Partners

When we talk about management empowerment, what do we mean? How can management empowerment effect the employee experience? Chris and Emma Leonis-Hughes chat with Yvonne Wilcock, CEO of Empowering People Group and AdviserPlus, on what businesses can do to empower their managers. The post The power of management empowerment appeared first on LACE Partners.

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Employees and Employers Save with Cafeteria Plans

InterWest Insurance Services

As health care costs continue rising and employees are being asked to shoulder more of the expense burden, you can help them by offering a tax-advantaged plan that allows them to save for medical expenses. These cafeteria plans, which are governed by Section 125 of the Internal Revenue Service Code, allow your employees to withhold a portion of their pre-tax salary to cover certain medical or childcare expenses.

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Companies with 15 or More California-based Employees Must Start Disclosing Salary Ranges in All Job Postings

McDermott Will & Emery Employee Benefits

California companies with more than 15 California-based employees will have to disclose hourly or annual salary ranges for all job postings by January 1, 2023. According to this HR Brew article, McDermott Partner Michelle Strowhiro said she recommends HR professionals review job descriptions with business leaders and legal counsel (preferably, under legal privilege).

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Career Pathing for Employees at All Levels

BetterUp

In today's workplace, employees want more than just a paycheck. Total compensation is important. But they also want to know that their employers value them and see a forward trajectory for their career path.

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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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How to change insurance brokers

Higginbotham

Insurance is essential for just about any business. Enticing and retaining top talent has changed in recent years as health insurance becomes more and more expensive. Ensuring that you have the right insurance broker is necessary for remaining competitive when it comes to talent. . Having a great insurance broker can make a difference in a number of ways.

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Common mistakes made on Forms 1094-C and 1095-C — ACA reporting

Business Management Daily

The IRS released Forms 1095-C and 1094-C for 2022 healthcare information reporting last week. These forms are required reporting under the Affordable Care Act for employers required to offer health insurance coverage. The instructions are still in draft form , however not much has changed from the 2021 reporting. That’s the good news. Here’s the bad news: Employers are making easily avoidable mistakes on Lines 15 and 16 of Form 1095-C and receiving penalty notices from the IRS.

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What is ESG reporting?

PeopleKeep

There’s been a recent shift in capital markets and business where investors increasingly focus on areas like an organization’s sustainability and customer relations. While these areas used to be considered philanthropic activities, they’re now seen as essential pillars of a successful organization. Many consumers have also shifted their support to more environmentally friendly and socially conscious organizations.

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How to Make Diversity, Equity, and Inclusion (DEI) a Reality in Hybrid Work

Darwinbox

As companies across the globe transition to a hybrid work model, many have realized that a one-model-fits-all hybrid work plan is not a viable solution for all their employees. A well-planned structure is necessary to build and sustain diversity, equity, and inclusion (DEI) in the organization. This article shares 12 actionable tips to help you achieve structural DEI at your organization.

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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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Mentoring in the Workplace: Discover the Benefits to your Business

Sodexo Engage

Summary: Mentoring within the business. Company culture. Enhance collaboration. Employee development. Mentoring in the community: social value & CSR. Youth work experience. SheWorks. Recognition and reward. MENTORING IN THE WORKPLACE: DISCOVER THE BENEFITS TO YOUR BUSINESS. It’s National Mentoring Day – a day created to recognise the importance of mentoring in the workplace for the individual, business, and employees.

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Background and right to work checks: are you protecting your organisation?

cipHR

Inadequate background and right to work check processes put your organisation at risk of fines and the risk of fraud. Technology can help to protect you, and speed up the compliance process. A ‘white lie’ on a CV or a candidate elaborating their experience in an application is not just a black mark against their honesty – it could also spell future trouble for your organisation.

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Over 40% of employees at Arvest Bank stay for over a decade: Their CPO explains why

Employee Benefit News

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How to increase your personal well-being. at work

BetterUp

What do we want in a job?

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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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Abortion access under fire: How employers should prepare amid midterm election decisions

Employee Benefit News

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IRA Basics for Retirement Savers

Money Talk

While taxpayers have until the tax filing deadline in April 2023 to contribute to an individual retirement account (IRA) for 2022, many people prefer to make all of their current year tax-saving moves before year-end. This leaves about two months to make an IRA deposit during the 2022 calendar year or up to six months if you wait until April. Below is a discussion of IRAs and details about how they can lower your taxes and provide a retirement savings nest egg: Description - An IRA enables worke

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Quiet quitting gains steam across every major industry

Employee Benefit News

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Top 25 Thoughtful Messages To Wish Happy Thanksgiving To Boss In 2022

Vantage Circle

If you've never appreciated or thanked your boss but can't find the right time to do so, Thanksgiving is the place to start. Even though wishing Happy Thanksgiving to bosses and managers might seem small— and even awkward at times— trust me when I say that the reaction you get from them will be well worth the effort. Are Bosses And Managers Happy At The Workplace?

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Bridging the Gap: The Intersection of DEI Initiatives and Employee Benefits

Speaker: Jaye Johnson, CBP

Unlock the secrets to transforming your organization’s employee benefits into a strategic tool for Diversity, Equity, and Inclusion (DEI). During this informative session, we will discuss common pitfalls in traditional benefits and then delve into the essence of DEI in employee-centric benefit offerings. This involves not only defining DEI in the workplace but also understanding the pivotal role that employee benefits play in fostering a diverse and inclusive environment.

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Florida Supreme Court Settles Conflict Between Districts Regarding “Offer of Judgment” Rules

The Workcomp Writer

In a split decision, the Supreme Court of Florida reversed a decision by the state’s Second District Court of Appeal and held that where a plaintiff tenders a written offer of settlement pursuant to § 768.79, Fla. Stat.—the state’s offer of judgment and demand for judgment statute—and the defendant files an unequivocal written acceptance, a settlement contract is formed and the contract could be enforced by either of the parties [ Suarez Trucking FL Corp. v.

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Gamification And Leadership: Characteristics Of A Successful Future Leader

Vantage Circle

The future of work requires leaders to make a radical effort to transform their team's performance. Leaders must find innovative ways to bridge the gap between the expectations of the digital generation and the workplace structure. A nationwide survey by BetterUp of 2,285 professionals across 26 industries reveals that: More than 9 out of 10 employees are willing to trade a percentage of their lifetime earnings for greater meaning at work.

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How to Manage Accounts Payable Effectively

Professionals Alternative

How to Manage Accounts Payable Effectively. The accounts payable division of your business is one of the most important departments. Every business needs to know what they owe and they need to be able to pay it efficiently and on time. If your invoices are not well managed, you can risk your relationships with suppliers. This can ruin a business. Luckily, managing an accounts payable department is easy and straightforward once you know the basics.

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Florida Supreme Court Settles Conflict Between Districts Regarding “Offer of Judgment” Rules

The Workcomp Writer

In a split decision, the Supreme Court of Florida reversed a decision by the state’s Second District Court of Appeal and held that where a plaintiff tenders a written offer of settlement pursuant to § 768.79, Fla. Stat.—the state’s offer of judgment and demand for judgment statute—and the defendant files an unequivocal written acceptance, a settlement contract is formed and the contract could be enforced by either of the parties [ Suarez Trucking FL Corp. v.

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The Employer’s Guide to Early Cancer Detection

A comprehensive early detection strategy for cancer is no longer a nice-to-have for employers; it’s a must. The reality is 1 in 2 women and 1 in 3 men will be diagnosed with cancer at some point in their lives, and the physical, emotional, and financial impact on both employees and employers is great. To help improve your employees’ health outcomes and reduce cancer-related costs, download The Employer’s Guide to Early Detection.