Thu.Oct 31, 2024

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Are Your Benefits Enough to See Employees Through a Crisis?

InterWest Insurance Services

Middle class families — those with incomes of between roughly $50,000 and $100,000 per year — are becoming increasingly reliant on workplace benefits to ensure their financial well-being in case of a disability or critical illness. Simple health insurance is insufficient to carry the load. The loss of a breadwinner’s or caregiver’s financial contribution through death or disability is often devastating.

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Compliance TV: IRS Announces 2025 COLAs for Transportation Fringes, FSA Deferrals; Social Security Wage Base Increases to $176,100 for 2025; and more

PayrollOrg

In this November 2024 issue of Compliance TV: IRS announces 2025 COLAs for transportation fringes, FSA deferrals; Social Security wage base increases to $176,100 for 2025; and more.

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10 states with the most and least salary transparency

Employee Benefit News

California is the state with the largest percentage of job listings that show a salary, and Alabama is the state with the lowest percentage.

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Saving Money on Employee Benefits is Not as Scary as You Think

International Foundation of Employee Benefit Plans

The 2024 edition of the International Foundation’s Employee Benefits Survey addresses many topics that organizations struggle with to keep benefit cost down for their employees. This includes health care plans and prescription drugs. Prior research conducted in 2024 by the International Foundation […] The post Saving Money on Employee Benefits is Not as Scary as You Think appeared first on Word on Benefits.

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The HR Leader’s Workforce Management Guide

In today’s fast-paced business world, effective workforce management (WFM) isn’t just an option—it’s a necessity.

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Key US inflation gauge and spending pick up in solid economy

Employee Benefit News

Wages rose, gas prices went down and consumer spending habits are seen by experts as a favorable sign.

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The role employers play in gray divorce

Employee Benefit News

Companies can provide better financial literacy to help older couples, who are separating, make smart decisions with their money.

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Structuring Competitive Compensation Packages for UAE Talent

Bayzat

Attracting the best talent and holding onto the existing top performers means the company will need to have an attractive compensation package within its staff retention and hiring plan. Sometimes referred to as a salary package, an employee compensation package is the overall combination of financial and non-financial rewards that employees receive in exchange for their work.

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Breaking Out Our Reserve of Salary Negotiation Tips for You to Employ

HR Digest

Need a few salary negotiation tips to ensure the pay at your next job aligns with your best interests? We’re going to break down some salary negotiation strategies so you don’t find yourself both overworked and underpaid despite all the experience you have in your field. Any salary is better than no salary at all, so it can be very tempting to accept a job offer without any negotiations.

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Onboarding with purpose: How to align new hires with company goals

Insperity

Bringing a new hire into the fold is an exciting moment for not just the employee but also the organization! But it’s also a pivotal time to align them with the company’s mission and goals, especially if they are coming in mid-campaign, mid-year, or during particularly crucial moments in time where it’s important to get up to speed quickly. Here’s why helping new employees understand and connect with your company’s objectives isn’t just about onboarding – it’s a long-term investment in you

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We’re Here to Help! How to Navigate Your Top HR Priorities

Are you helping your people proactively plan for retirement? How are you prioritizing the mental health of your HR team? These are a few of the questions that HR professionals are seeking answers to today. Luckily, Gallagher’s consultants came together with four robust articles (and one infographic) that help address these pain points and provide you with proactive planning tips to help you simplify, personalize and create flexibility in your benefits offerings to help ensure your people thrive

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Favoritism in the workplace: How to identify and prevent it

Business Management Daily

It stinks watching someone else get preferential treatment at work just because a higher-up likes them more. Hopefully, you’ve never experienced unfair treatment, but if you have, you know how discouraging it feels. Workplace favoritism is an ugly plague that causes low morale and high turnover while fostering a quietly hostile, combative work environment.

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Balancing Benefits and Wages: How Rising Healthcare Costs Impact Small Business Strategies

CorpStrat

With healthcare costs climbing, small business owners are navigating difficult choices between competitive wages and sustainable benefits plans. In today’s challenging business environment, healthcare costs are becoming an increasingly difficult hurdle for small business owners. A recent study, the *2024 “Pulse of the Purchaser” survey* by the National Alliance of Healthcare Purchaser Coalitions, highlights how the rising costs of healthcare are affecting employers’ ability to offer wage increas

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How Total Compensation Reports Boost Employee Engagement – with Samples

COMPackage

In today’s competitive talent market, keeping employees happy and engaged is critical. One powerful tool many companies overlook is the Total Compensation Report (TCR). These reports go beyond just base salary, detailing the full value proposition an employee receives, including benefits, paid time off, retirement savings plans, and more. A well-designed TCR can be a game-changer for employee engagement, fostering trust, appreciation, and a deeper sense of connection with the company.

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The post-open enrollment checklist you’ve been waiting for

WEX Inc.

Open enrollment season is a marathon of important decisions, paperwork, and deadlines for HR teams, so the relief of the season ending is undeniable. But, before you move on from open enrollment, there’s a crucial step that’s often overlooked: the post-open enrollment checklist. Keep reading as we take you through the essential tasks and considerations you need to address after the enrollment period ends, ensuring that your employees are ready to take full advantage of their benefits choices nex

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Why (and How) to Switch to a New HR & Payroll Platform

Speaker: Speakers:

HR and payroll impact every aspect of your business. Choosing the right provider is one of the most important decisions you’ll make. Before you decide, hear first-hand customer accounts in Paycor’s webinar to learn: The three most important things to look for when switching. How to begin your search. What are some of the red flags?

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Four honest impressions of Orgatec 2024

Workplace Insight

I’ve been going to Orgatec in Cologne since 1992. It has always been one of the twin global behemoths of office design shows. The other being NeoCon in Chicago. Over that time, I’ve seen it dwindle significantly in size, if not relevance. It is held every two years, which means it can offer a better snapshot of current thinking about offices than an annual show might.

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What the 2024 presidential election could mean for women's rights in the U.S.

Employee Benefit News

Ann Olivarius weighs in on the impact of Vice President Kamala Harris' candidacy in the 2024 election.

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Inflation Impacts and Financial Clawback Strategies

Money Talk

Unless you’ve been living under a rock during the past three years, you know that inflation- i.e., an increase in the cost of goods and services- has been a major concern of U.S. households as their dollars purchase less than they did prior to the pandemic. While virtually no household purchase has been exempt, areas of highest recent concern are food, vehicles, insurance, and housing.

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Remembering and Persevering

Florida Workers' Comp

Overdose and senseless death have been a topic woven through this blog over the past 11 years. I have spent a great deal of time striving to understand the why and what of drug use, overdose, and governmental efforts to stem both. There are a great many people dead. In Nitazenes are Worse (June 2024), I noted that our national overdose deaths are now greater than the loss of American lives in all wars since this nation began as a small conglomerate of former colonies clustered along the Atlantic

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Transform Employee Wellbeing and Control Costs Through Data-Driven Strategies

In today's dynamic business environment, HR leaders face immense pressure to optimize costs while maintaining a competitive edge to attract, retain and engage their workforce. Gallagher can help you meet that challenge head-on. Our proprietary data and people analytics platform, Gallagher Drive ® , provides the elevated insights you need to make impactful program decisions that are aligned with your organizational goals and set your strategy up for long-term success.

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Bridging Vision and Execution: The Critical Role of Market Research in B2B SaaS Go-To-Market Planning

3Sixty Insights

In the dynamic world of B2B SaaS, transforming a visionary mission statement into a successful product requires a strategic roadmap. This journey begins with comprehensive market research, a process that not only validates your vision but also systematically builds the foundation for informed decision-making. By following a sequential approach—Industry Analysis, Competitive Analysis, and Customer Needs Assessment—you create a layered understanding of the market that enhances your product’s

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Accounts payable automation: A checklist for choosing the best partner

WEX Inc.

The automated accounts payable (AP) market is expected to grow from $3.08 billion in 2023 to over $7.01 billion by 2030 , according to Grand View Research. Many factors are pushing the changes. Cost reduction From cutting the volume of paperwork and banking costs to earning rebates from virtual card payments , payments technology has vastly altered the accounts payable landscape.

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The top 12 employee survey vendors of 2024

Achievers

As modern workplaces continue to evolve and strive to balance in-person, hybrid, and remote work, keeping a pulse on employee sentiment is more important than ever. Employee survey tools are platforms dedicated to delivering a steady stream of insights on employee engagement and the health of your organization culture. They allow your company to quickly identify employee concerns and areas that need improvement while making informed, data-driven business decisions.

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Election 2024: Reproductive Rights in the US

McDermott Will & Emery Employee Benefits

With the US election less than one week away, what are the legal implications of a Harris-Walz administration versus a Trump-Vance administration on reproductive rights? In this Q&A, Sarah Raaii explores how the election’s outcome could impact how plan sponsors and employers address reproductive care, including fertility treatments like in vitro fertilization.

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HR’s Complete 2025 Calendar of Important Dates

HR leaders can use this calendar from Paycor to track important HR and payroll tax dates. The 2025 calendar includes: Tax filing dates Federal reporting deadlines Bank holidays Links to relevant tax forms …and more! Get your 2025 HR calendar today!