Wed.Aug 31, 2022

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Don’t Get Tripped up Over State-mandated Retirement Plans 

Patriot Software

State-mandated retirement plans are here to nudge (erhm, push) employers into helping employees save for their future. But, all the different rules and regulations can cause you to trip on your way to offering retirement plans. Don’t get tripped up. We’re here to help you understand your responsibilities. Read on to learn about states with […] READ MORE.

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The 8 Stages of Life: What Can We learn From Each One?

BetterUp

Jump to section. What are the stages of life? The 8 stages of life. Other theories about the stages of life. How to navigate and thrive through the stages of life.

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How to Gross up Payroll

Patriot Software

If you want to pay an employee supplemental compensation, such as a bonus or a relocation payment, you must withhold payroll taxes just like with regular wages. But, what if you want an employee to receive a specific amount after taxes? That is when you gross-up payroll figures. And to do that, you need to […] READ MORE.

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Common ethical issues in the workplace

Business Management Daily

Sometimes, ethical issues in the work environment jump out as huge red flags. Other times, however, business practices are a bit murkier. Consider the case of Diane. Shortly after receiving her associate’s degree in early childhood, she landed an interview for what she thought was a full-time position with a major daycare chain. The meeting went well, and the company offered her a job two days later.

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The Ultimate Performance Review Checklist

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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What Are Payroll Deductions?

Patriot Software

You know there are deductions to take out of your employees’ paychecks. But, are they pre-tax vs. post-tax deductions? What do you withhold from an employee’s take-home pay? What are payroll deductions? Read on to learn the different deductions you have to take out of each employee’s paycheck. What are payroll deductions? Payroll deductions are […] READ MORE.

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Biweekly vs. Semimonthly Payroll

Patriot Software

Deciding on a pay frequency for your small business is an important decision. Your pay frequency determines how often you process payroll and when employees receive their paychecks. Two popular, yet easily confused, pay periods are biweekly and semimonthly. Knowing the difference between biweekly vs. semimonthly payroll can prevent financial setbacks, keep your business legally […] READ MORE.

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New Mexico Court Discusses State’s “Peculiar” Going and Coming Rule

The Workcomp Writer

In an unusual case that turned on the “peculiar” wording of New Mexico’s statutory going and coming rule, the Court of Appeals of New Mexico affirmed a decision by a state trial court that held a plaintiff’s tort action against her employer and a co-employee were barred by the exclusive remedy provision of the state’s Workers’ Compensation Act, despite the fact that at the time of her injury, the plaintiff was commuting to the employer’s facility and was performing no activity related to her emp

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What You Must Know About Demoting an Employee

Patriot Software

Demoting an employee is not easy, but sometimes it has to be done. An employee might not be doing well in their current position, and there is no other option left except to reduce their responsibilities. Even if an employee voluntarily asks for a demotion, there are still challenges for you as an employer. When […] READ MORE.

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VeracityRX – Making Pharmacy Benefits Affordable 

HR Professionals Magazine

Did you know? On average, nearly 3% of a member population will require a specialty medication. Even this small number can increase total pharmacy costs by 50% and create challenges for employers who want to ensure employees have access to medications. These high drug costs are also a leading cause of lasers on self-funded plans. At VeracityRx, we help employers and employees save money without shifting costs or reducing pharmacy benefits.

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Want To Enhance Your Total Rewards To Achieve Organizational Success? Start Here.

Are you looking for ways to enhance your employee value proposition? Gallagher Better Works SM Insights has got you covered! Dive into the latest magazine issue and discover how flexibility, equity, recognition and strategically applied resources can improve your total rewards package. Download the PDF to learn more about: Building retirement benefits for a global and mobile workforce Promoting employee and organizational growth through succession planning Empowering women in leadership through

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How to Give a Salary Advance to an Employee in Need

Patriot Software

Have you ever had an employee ask you for a salary advance? Maybe they’ve hit a financial rough patch. Something unexpected, such as a medical emergency, might require more money than the employee has saved up. Whatever the case, the employee might need a salary advance to help them make ends meet. Before you begin […] READ MORE.

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Changes to Employment Act in Malaysia

Global People Strategist

The Malaysian government has announced plans to amend the Employment Act 1955, which will take effect on January 1, 2023. The changes aim to protect workers’ rights, particularly those in the private sector. Key Changes to Employment Act. Here are some of the critical changes to the employment act in Malaysia that you can expect: Increased Protection for Part-Time and Contract Workers.

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Direct Deposit or Pay Card? The Best Option for Your Small Business

Patriot Software

As a small business owner, you have the freedom to choose how to pay your employees. And with so many options, it can be difficult to make a decision. Before choosing between paying employees with direct deposit or pay card, weigh the pros and cons of each. Direct deposit or pay card? Before we jump […] READ MORE.

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Questions to Ask Before Hiring Your Employee Benefits Broker

BerniePortal

Open enrollment is quickly approaching, which means it’s time to start preparing employee benefits packages. To save time and headaches, it’s best to hire a professional broker who knows the ins and outs of benefits and can tailor the perfect benefits package around your organization’s unique needs. Read on to learn more.

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How to Build the Ideal HR Team

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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What’s the Difference Between Pre-tax and Post-tax Deductions?

Patriot Software

If you provide benefits to employees, you probably wonder how to withhold wages for the benefits properly. Do you withhold the premiums and contributions before or after taxes? Can you choose to withhold however you want? Well, it depends on the benefit. So, you must understand the difference between pre-tax vs. post-tax deductions. Pre-tax vs. […] READ MORE.

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Darwinbox Atlas: The All-in-One Reporting & Analytics Engine

Darwinbox

We’re delighted to introduce Darwinbox Atlas, our all-in-one reporting and analytics tool. It is the map you need to navigate the sea of data and make your way to the port of unique, actionable, data-driven insights.

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What Are Post-tax Deductions From Payroll?

Patriot Software

You also need to subtract deductions from payroll. Deductions include taxes, pre-tax deductions, and post-tax deductions from payroll. You will deduct post-tax deductions after you withhold pre-tax deductions and taxes. Find out how post-tax deductions are different from pre-tax deductions, along with commonly withheld post-tax deductions. Pre-tax vs. post-tax deductions You take pre-tax deductions […] READ MORE.

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Recruitment tools

Higginbotham

In the modern age, the hiring process is constantly changing. It’s not as simple as placing job listings in the hopes of finding interested candidates. Hiring managers must keep their recruitment process up-to-date. There are multiple recruitment tools available to help with the hiring process. Finding qualified candidates is not simply writing appropriate job descriptions and waiting for an appropriate response.

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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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Transport Your Employees to Better Tax Savings With Commuter Benefits

Patriot Software

Most employees expect certain workplace benefits, such as health insurance or retirement plans. But coming up with unique and appealing perks, like commuter benefits, can further your chances of attracting and retaining top talent. Commuter benefits aren’t just popular in big cities with prevalent public transportation systems. Any employer can give employees the gift of […] READ MORE.

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Amazon to Close Shop on Amazon Care—What Does It Mean? | BerniePortal

BerniePortal

Amazon has been steadily increasing its footprint within the healthcare industry with one well-timed purchase or partnership after another. A considerable portion of this footprint comes from the telehealth services provided by Amazon Care. Now that Amazon is saying goodbye to these services, what will its healthcare involvement look like? Read on to learn more about the decision and what direction Amazon might be heading in next.

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Form 1099 vs. W-2: Which Should You Use?

Patriot Software

After the end of every year, you need to report your workers’ wages. You must send a form to the worker and governments. But, which form do you send? The form you use—Form 1099 vs. W-2—depends on if the worker was a contractor or an employee. Form 1099 vs. W-2 There are two types of […] READ MORE.

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Skill-Based Hiring: Recruit the Right Talent the First Time

BerniePortal

In the early 2000s, an increasing number of organizations began adding four-year degree requirements to their job postings—in many cases, even if the job description had not changed. But recent changes in the current competitive hiring market have led many companies to reconsider degree requirements in favor of skill-based hiring. While there is certainly value in a traditional college education, a four-year degree does not guarantee an applicant’s quality.

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The Complete People Management Toolkit

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

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What Is Educational Assistance, and How Will Offering it Help Your Business?

Patriot Software

Want to boost your ability to attract and retain employees? At the same time, do you want to increase your employees’ skills and creativity? If so, you may consider offering educational assistance. What is educational assistance? Read on to learn more about this employee benefit, the advantages of having one, and IRS tax rules. What […] READ MORE.

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Learn How to Make a Portfolio for Any Industry

BetterUp

Jump to section. Why are portfolios important? Physical versus online portfolios. Structuring a portfolio. 5 tips to keep in mind when making a portfolio. But what if…? 3 (not really) problematic scenarios and how to tackle them. Moving forward.

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Single-payer health insurance could be right around the corner

Employee Benefit News

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What Is Hybrid-Remote Work and How to Transition to It

BetterUp

Jump to section. What is hybrid vs remote work? Is hybrid work here to stay? How to manage your hybrid team. Tips for employees transitioning to hybrid work. The best of both worlds.

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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.