Money Talk

DECEMBER 14, 2023

Many older adults retire at the end of December to “start fresh” financially in a new calendar (and tax) year. Many younger adults wonder when they will be ready to retire and how they will know. Below is a brief discussion (in no particular order) of 12 signs of retirement readiness: Financial Preparedness - This includes adequate savings and other income sources (e.g., Social Security, pension, rent) as indicated by online tools like the FINRA Retirement Calculator.

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401(k) Health Insurance Pension Taxes 194

Florida Workers' Comp

DECEMBER 14, 2023

I am not much of a country music fan (sorry if that is your genre). But I had a news story hit my list yesterday that was intriguing. It involves someone who sings that music, and he is apparently well-known (I really need to get out more, perhaps). But, the interest is in the concept of due process that lies at the foundation of our constitutional republic and the way the adjudicatory process works.

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Workers’ Compensation Hospitality Retail Banking 104

Vantage Circle

DECEMBER 14, 2023

The recruiting landscape has shifted dramatically in recent years. Candidates now have far more power than they did just a few years ago. In fact, research shows that the current job market is almost 90% candidate-driven. This means that companies no longer have the luxury of picking talent; talent picks them. As a result, hiring qualified job candidates with in-demand skills, has become difficult.

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Recruitment Health Employee Retention Employment 111

Qandle

DECEMBER 14, 2023

In the fast-paced world of business, Human Resources (HR) departments play a crucial role in managing a company’s most valuable asset – its people. The advent of technology has transformed HR processes, and one of the key innovations is the HR Management Information System (HRMIS). This blog explores the significance of HRMIS, its functionalities, and the myriad benefits it offers to organizations aiming for efficient workforce management.

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Management Human Resources Payroll Software 104

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.

Health

Employee Benefit News

DECEMBER 14, 2023

The chief well-being officer from EY and chief people officer from Headspace reveal what benefits will be vital to employee productivity and retention.

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Employee Benefits 110

Employee Benefit News

DECEMBER 14, 2023

The holidays can be challenging for people in recovery for drug and alcohol addictions, but there are ways to navigate the season with the right support.

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Management 103

PeopleKeep

DECEMBER 14, 2023

If you’re an employer hiring for the first time, knowing the minimum wage rate in your state is crucial. Even though there hasn’t been a federal minimum wage increase since 2009, many states have set their own minimum wage laws in more recent years that you must follow if you have employees or plan to hire in that location. This can be incredibly challenging if you’re operating a remote company with employees in multiple states.

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Benefits Package Employment 90

McDermott Will & Emery Employee Benefits

DECEMBER 14, 2023

How should the chief executive officer (CEO) respond to the host of internal and external challenges facing their business? In this Forbes article, Michael Peregrine suggests the CEO adopt a mindset rooted in rational confidence in the company’s future and in the leadership’s decision-making. Read more here. The post The CEO as Corporate Cheerleader appeared first on EMPLOYEE BENEFITS BLOG.

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Employee Benefits Employment 81

Employee Benefit News

DECEMBER 14, 2023

Technology helps expand and streamline efforts to foster strong relationships among employees, which benefits the business as well.

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Technology Management 90

Advertiser: Paycor

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.

Overtime

International Foundation of Employee Benefit Plans

DECEMBER 14, 2023

Although target benefit pension plans have been in a state of unknown for a while, they are now closer to having a permanent funding model with several new proposals currently under consideration. In 2015, the Office of the Superintendent of Financial Institutions […] The post Target Benefit Plans: An Update on Where They Stand appeared first on Word on Benefits.

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Pension Employee Benefits 69

Employee Benefit News

DECEMBER 14, 2023

500 startups closed their doors this year, and over a quarter million tech employees were laid off.

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Management 85

Employee Benefits

DECEMBER 14, 2023

Credit: Carsten Windhorst Universal Music UK has hired Andrea Pattico as chief people officer. Reporting to chairman and chief executive officer David Joseph, Pattico will oversee the people strategy across all Universal Music UK’s labels and businesses. She has worked in a range of senior HR roles in global businesses over the past 25 years, most recently as chief people officer of digital marketing agency MVF.

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Recruitment Mining Hospitality Employee Benefits 59

Workplace Insight

DECEMBER 14, 2023

In November 2023, plans to turn part of a golf course next to a motorway into a £340 million science park were refused by South Oxfordshire District Council. Although now classified as greenbelt, the location was the site of a landfill as recently as the 1990s and is just a stone’s throw from both the A40 trunk road and M40 motorway. The developers are expected to appeal.

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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.

Employment

Employee Benefits

DECEMBER 14, 2023

The BP Pensioner Group has begun legal action against senior members of BP management and directors of the BP pension fund trustee due to concerns around the value of 2,500 members’ pensions. According to the BP Pensioner Group, the dispute is about decisions made by BP and the pension fund trustee in 2022 and 2023. It stated that these include the former chief executive officer (CEO), Bernard Looney, rejecting the trustees’ recommended cost-of-living increase to the pension and blocking an incr

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Employee Benefit News

DECEMBER 14, 2023

No matter where an employee is in their financial journey, educating them on options is beneficial to their well-being and your bottom line.

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Education 401(k) Employee Benefits 70

Employee Benefits

DECEMBER 14, 2023

Credit: Alex Yeung / Shutterstock.com London Metropolitan University has enhanced its parental leave as part of its commitment to nurture an environment where staff can thrive both professionally and personally. The updated policies now allow qualifying staff to take 52 weeks of fully paid maternity and adoption leave, which is double its previous entitlement.

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Parental Leave Education Employee Benefits IT 59

BetterUp

DECEMBER 14, 2023

Jump to section What are high-income skills?

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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.

Employee Benefits

DECEMBER 14, 2023

Delivery workers for the Greene King brewery have accepted an improved pay deal following industrial action this week. Around 30 members of trade union Unite, who are employed by logistics firm GXO on an outsourced contract, took part in industrial action over the course of six days. The workers involved in the strike were heavy goods vehicle drivers, drivers’ mates and warehouse staff based at the GXO’s Runcorn factory.

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Employment Employee Benefits 59

Workers' Compensation

DECEMBER 14, 2023

In most instances, the sole remedy for a worker injured at work is Workers’ Compensation Act [WCA] benefits. Even if the employer fails to obtain workers’ compensation insurance, the employee remains limited to those remedies provided under the WCA. In an unpublished decision, the Appellate Division in NJ ruled that an injured worker who suffered severe losses, including the loss of an eye, was limited to the benefits provided for under the Uninsured Employers’ Fund [UEF] provisions of the WCA.

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Employee Benefits

DECEMBER 14, 2023

Benefits offered by Gripple: Pension and group risk All employees are enrolled into a non-contributory pension, with 15% employer contribution. Employees can top up using salary sacrifice arrangement. Group income protection , employer funded for all employees. Critical illness insurance, employer funded for all employees. Share scheme Employee ownership model that awards all employees shares in the business.

Parental Leave 59

Parental Leave Pension Banking Medical 59

Higginbotham

DECEMBER 14, 2023

As electric vehicles continue to surge in popularity, the need for comprehensive and cost-efficient electric car insurance has never been more important. Understanding the nuances of insuring an electric vehicle can be difficult, but Higginbotham is dedicated to guiding you through the process and helping you make the most informed decision possible.

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Insurance Insurance Carriers Technology Taxes 52

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Utilities

Professionals Alternative

DECEMBER 14, 2023

[link] Unlocking Success: How to Find and Hire the Perfect Regional Credit Manager Introduction: The importance of hiring the perfect Regional Credit Manager As businesses continue to navigate the complexities of the financial landscape, the role of a Regional Credit Manager becomes increasingly crucial. A Regional Credit Manager is responsible for overseeing the credit and collections operations within a specific region, ensuring the smooth flow of cash and minimizing credit risks.

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Construction Management Government Technology 52

HR Digest

DECEMBER 14, 2023

A couple of years ago, we had a host of new team members join our company, our HR having given in to hiring overqualified candidates who had been laid off from their previous roles. Despite being overqualified for the jobs we had available, they were hoping to find some form of employment quickly. With such a mixed bag of overqualified candidates, we had some of the best quality work done at the company during that time, acquiring a collection of new strategies on how we approached tasks.

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Salary Recruitment Education Employment 52

The Workcomp Writer

DECEMBER 14, 2023

A California appellate court has affirmed a decision of a state trial court that held a San Francisco firefighter’s personal injury action against the San Francisco Municipal Transportation Agency (SFMTA)—and one of its drivers—was barred by the exclusive remedy provisions of the California Workers’ Compensation Law in spite of the fact that SFMTA enjoyed some autonomy to manage its own business affairs [ Vann v.

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Workers’ Compensation Transportation Government Engineering 52

Business Management Daily

DECEMBER 14, 2023

No company’s leadership can last forever. Yes, Warren Buffett still manages Berkshire Hathaway despite doing so for an eternity, but even he will one day hand over the reins to someone else. At least, according to science he will. The future of every company depends on its ability to find and train the right personnel so they can steer the ship in the years ahead.

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IT Health Engineering Management 52

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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.

Employment