June, 2023

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3 Considerations When Electing Commuter Benefits

Benefit Resource Inc.

Part Two: What employees should consider when electing commuter benefits. Commuter benefits provide employees with a number of advantages. When electing commuter benefits, it is important to consider your tax savings, eligible expenses and flexibility. #1 Tax Savings If your company provides a commuter benefit plan, you have the opportunity to save on your daily commute.

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Confessions of a benefits manager: Candid can’t take leave of holiday policies

Employee Benefits

Just when I am considering taking some well-earned annual leave, I get landed with yet another joint venture to deal with. Local HR seems to be getting all stressed about the new location’s benefit plans and I must do a benefits inventory and comparison to existing plans. Really, it seems quite straightforward. It has a normal pension plan and a few related insured benefits.

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Travel assistance, telehealth, urgent care: A benefits checklist for summer vacation safety

Employee Benefit News

Tapping the right resources will save travelers precious time and money that can instead be devoted to fun in the sun.

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Florida Requires Certain Private Employers to Use E-Verify Beginning July 1

PayrollOrg

Effective July 1, 2023, private employers in Florida with 25 or more employees must use the E-Verify system to verify a new employee’s employment eligibility within three business days after the first day that the new employee begins working for pay.

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How Emotionally Intelligent Leaders Drive Business Results

According to Forbes, employees who feel listened to show a 64% longer commitment to tasks. And that’s just for starters. Learn how emotionally intelligent leaders drive business results. Download Paycor’s guide for the full story.

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Almost half of working dads say using parental benefits hurts performance reviews

Employee Benefit News

Fathers appreciate employee efforts to support caregiving, but think their careers will suffer if they use them.

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The 9 best ways to improve employee productivity in 2023

Achievers

Every organization wants to get the most out of its employees. But viewing employee productivity as a simple equation of how many tasks are performed over X hours or days won’t get you very far. Real insight into productivity — and how to improve it at your company — requires assessing harder to measure aspects of each employee’s work, accounting for their specific role and responsibilities.

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Is Long Covid reshaping workplace support for long-term conditions?

Employee Benefits

By Tracey Ward, Head of Business Development & Marketing at Generali UK Employee Benefits Over 2 million people in the UK with self-reported Long Covid have now had symptoms for at least a year. It can present significant challenges in the workplace because, unlike with long-term conditions such as cancer and diabetes, the prevalence rates for Long Covid are greatest in the working age population (35-69 years).

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Fire up your team spirit with these 4th of July office party ideas!

HR Digest

You don’t need to gather in yards or on rooftops to celebrate the Fourth of July this year. Our list of 15 “Best 4 th of July Office Party Ideas” will make you forget you’re missing those grills full of meat and coolers full of beer in your neighbor’s backyard. With so many of you working remotely it may feel as though there’s no much to celebrate. It’s totally understandable that you might want to celebrate July 4 th at work by NOT celebrating at all.

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AI Workflow Automation: Meaning, Types & Benefits

HR Lineup

In today’s fast-paced world, businesses are constantly seeking ways to increase efficiency, productivity, and accuracy. One powerful solution that has emerged in recent years is AI workflow automation. By leveraging the capabilities of artificial intelligence, organizations can streamline and optimize their processes, leading to improved performance and significant time and cost savings.

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Fertility Benefits for Every Age: A HR Roadmap from Gen Z to Baby Boomers

Speaker: Lauri Armstrong, SHRM-SCP - Sr. Director, People Operations at Carrot Fertility

Today’s workforce includes multiple generations of employees all looking for something different from their benefits package. While meeting these disparate needs can be challenging, a comprehensive fertility benefit can support everyone from junior staffers learning about their fertility health to senior leadership managing menopause and low testosterone symptoms.

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District Court Denies Employer’s “Injury-In-Fact” Challenge to Withdrawal Liability

Proskauer's Employee Benefits & Executive Compensa

In Holland v. Murray , No. 21-cv-567, 2023 WL 2645708 (D.D.C. Mar. 27, 2023), the court held that financial support provided by Congress to a multiemployer pension plan under the Bipartisan American Miners Act (“BAMA”) did not divest the plan of Article III standing to pursue the withdrawal liability it was owed. After the contributing employer filed for bankruptcy, the plan assessed its controlled group members, the defendants, with $6.5 billion in withdrawal liability.

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Coping With the Aftermath of a Disaster

Money Talk

Since we are in “high season” for natural disasters, it is a “teachable moment” to review some things to consider if you are the victim of nature’s wrath, an explosion, or any other damage to your property and are coping with financial losses and bills for temporary living expenses: Call Your Insurance Agent- Ask your property and casualty agent about “fine print” in your homeowners policy.

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Business finance: The ultimate guide for non-finance people

Business Management Daily

Are you eager to launch a startup or new business? Or were you recently promoted to a financial role in your organization? Either way, you’ll need to master the basics of business finance if you want to find success. Even employees not working directly in finance generally need a basic understanding of it to succeed. Nothing exists in a bubble, and business finance is no different.

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Medical Protection Society receives menopause-friendly accreditation

Employee Benefits

Healthcare profession support organisation Medical Protection Society (MPS) has been awarded a menopause-friendly accreditation due to its commitment to talking openly about it and putting the right help in place. Established by Henpicked: Menopause In The Workplace, the accreditation recognises high standards and proven practices that embrace menopause in the workplace.

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Modernizing Your Benefits: 5 Trends Employers Need to Know and Act On

Discover 5 key trends derived from Gallagher's 2023 Benefits Strategy & Benchmarking Survey data that give employers an evolved perspective on organizational wellbeing. These insights come from over 4,000 US organizations that are navigating benefits and HR decisions so their people and businesses can thrive. Watch the free recording now!

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Redefining Success through Radical HR Innovation

HR Digest

Unlocking the secrets to success, Netflix has rewritten the script on how to build a thriving company. With an unwavering commitment to innovation and a trailblazing HR strategy, they have achieved remarkable feats. Boasting a remarkable employee retention rate of over 95% and earning the coveted #1 spot on Fortune’s “100 Best Companies to Work For” list in 2018 and 2019, Netflix has shattered industry norms.

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Top Workplace Wellness Trends for 2023

HR Lineup

In the wake of the COVID-19 pandemic, workplace wellness has taken on a whole new level of significance. Employers are increasingly recognizing the importance of supporting the physical, mental, and emotional well-being of their employees. As we step into 2023, several workplace wellness trends are emerging, reflecting a growing emphasis on creating a healthier and more fulfilling work environment.

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Possible Extension of Clawback Rule Effectiveness is Welcome Development for Issuers

Proskauer's Employee Benefits & Executive Compensa

Issuers that have been scrambling to prepare their boards and executives for accelerated implementation of compliant Dodd-Frank clawback policies will be glad to hear that the NYSE and Nasdaq have filed amendments to their proposed clawback rules to extend the effective date that would apply if the proposals are approved until October 2, 2023. If approved, the amendments would give listed companies until December 1, 2023 (60 days after the effective date of the rules) to adopt a compliant Dodd-F

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Keep Track of Your Beneficiaries

Money Talk

Who is going to get what you someday leave behind in life insurance policies and/or tax-deferred retirement accounts? Beneficiary designations are important estate-planning tools and should not be overlooked to make sure your hard-earned money gets passed down to those you select to receive it. Below are nine beneficiary “need to knows”: Beneficiary Types- Beneficiaries inherit assets when people die.

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Top HR & Workplace Benefits Trends to Improve Employee Satisfaction + Family Health

Speaker: Hayley Doran - Chief Growth Officer, Group Benefits Humana | John Lahr, OD, FAAO - Medical Director EyeMed | John Yamamoto, DDS, MPH - Director of Clinical Innovations at Humana

Discover how to unlock the power of early childhood dental and vision care to boost children’s health and employee satisfaction. As employees negotiate benefits - either as new recruits into a company or for retention purposes - oral and vision care for employees and their families is becoming an increasingly common request. Benefit providers are fielding more and more questions from HR leaders on how to offer flexible benefits and convenient access to oral and vision care for children and famil

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Healthy Relationships: 13 Valuable Tips

BetterUp

Jump to section Healthy, unhealthy, and abusive relationships 7 key characteristics of healthy relationships 13 tips for building healthy relationships What to do when working on the relationship doesn’t help Nurture your relationships and your life will blossom

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Exclusive: Papier launches financial wellbeing platform

Employee Benefits

Stationary brand Papier has introduced a financial wellbeing platform for its 99 employees. The platform, provided by Bippit, gives employees access to one-to-one financial coaching with a professionally qualified Financial Conduct Authority (FCA) coach matched to their needs, after they answer questions about their financial concerns. The service offers tools for Papier staff to navigate the cost-of-living crisis, including personalised learning resources and money management plans, monthly web

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Managing Employee Absences on July 4: Tips for HR Professionals

HR Digest

The Fourth of July is a major holiday in the United States, and it’s often a time when employees take time off work. As an HR professional, you may be wondering how to handle employee absences on July 4. This article will provide you with tips on how to communicate with employees about their expectations, how to make sure that essential work is covered, and how to deal with any potential disruptions.

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Hybrid Work: The Future of Work that You Never Knew You Needed

Professionals Alternative

Hybrid Work: The Future of Work that You Never Knew You Needed The COVID-19 pandemic has forced the world to adapt to new ways of working, and hybrid work has emerged as a popular work arrangement in the new normal. Hybrid work combines the best of both worlds, allowing employees to work from home and the office as needed. This flexible work arrangement offers many benefits, including improved work-life balance, increased productivity, and greater flexibility.

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Combatting the Effects of Inflation: Keeping Benefits Competitive While Cutting Cost

Speaker: Jaye Johnson, CBP - Employee Benefits and Total Rewards Leader, World at Work Content Author, and Speaker

After years of facing the global pandemic, we are now struggling with a new problem: inflation. No one could have predicted the impact of inflation on employee benefits and how it affects both employees and employers. Employers are now trying to maintain or lower the cost of benefits while competing for talent in a competitive and tight labor market, but the rising costs of consumer goods and healthcare make it extremely difficult to consider increasing their benefit offerings.

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What the Supreme Court's ruling on student loan forgiveness means for employees

Employee Benefit News

With loan forgiveness in limbo, employers will need to establish greater support to help employees get a handle on their debt.

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6 Guiding Principles of Diversity, Equity, and Inclusion and Why You Need to Focus on Them

15Five

Whether you’re a seasoned DEI professional or dipping your toes in for the first time, familiarizing yourself with the guiding principles of diversity, equity, and inclusion is worthwhile. These principles form a foundation from which actionable diversity, equity , and inclusion work can begin and provide a framework for DEI leaders to use when building DEI strategies and statements.

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Top Strategies for Hiring During Recession

HR Lineup

Hiring during a recession can be a challenging task for businesses. Economic downturns often bring about uncertainties and financial constraints, making it crucial for organizations to strategize their hiring process to ensure long-term success. While a recession may reduce the number of available job opportunities, it also presents unique opportunities for companies to attract top talent.

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33% of employers to offer pay awards of 5% or more

Employee Benefits

One-third (33%) of employers will offer pay awards of 5% or more in 2023, according to research by ethical reward management consultancy Paydata. Its spring 2023 UK reward management survey, which surveyed HR and reward professionals across 208 organisations representing nearly half a million employees, also found that 37% will offer pay awards between 4%-5% in 2023.

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HR and Employee Healthcare Reform: Keys to Increasing Employee Wellness and Retention

Speaker: Mallory Herrin, CEO & Principal HR Consultant at HerrinHR

Your employees are your most valuable resource. If you want to retain employees and keep them happy, you want to make the incentives more valuable. With a full-stack employee experience, culture, health, wellness and benefits navigation solution, you can provide employees with the wellbeing support they need. The results? Employees who are happier, healthier, and more engaged, as well as a business that is thriving both internally and externally, every day.