February, 2023

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Long story short: Are your healthcare benefits falling short?

Employee Benefit News

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Can Commuter Benefits Help People Return to the Office?

TalentCulture - Employee Benefits

The pandemic changed how we live and work in so many ways — not the least of which was the daily commute. But now, after years of working remotely, many employees are returning to the office at least a few days each week. That’s why employer-sponsored commuter benefits are on the rise again. No matter what […] The post Can Commuter Benefits Help People Return to the Office?

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EXCLUSIVE: 90% say flexible pay improves their finances

Employee Benefits

EXCLUSIVE: Nine in 10 (90%) employees reported that their financial situation is either stable or improved after switching to a flexible pay cycle, according to research from Wagestream. The financial wellbeing provider’s whitepaper ‘Unlocking the pay cycle’ was authored by its head of impact and inclusion Emily Trant, with advisory input from Resolution Foundation, Money and Pensions Service, Nest Insight, RideTandem and the University of California, Berkeley.

Finance 131
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Employee Burnout in 2023: 3 Key Benefits to Help

Best Money Moves

Employee burnout in 2023: 3 key benefits to help. Help your employees fight back against burnout in 2023 with these 3 solutions. Burnout remains a persistent problem for today’s employees and can have significant consequences for health, mental well-being and performance. A recent Slack survey found that 43% of middle managers reported burnout in 2022.

Education 107
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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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Use FMLA to support employee mental health

Employee Benefit News

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Steps To Detect and Prevent Expense Fraud

Darwinbox

Fraud from within the organization causes companies to lose 5% of their annual revenues, on average! This article discusses the importance of detecting and preventing expense fraud. It also discusses the various factors that may contribute to fraudulent behavior and how they may be prevented.

IT 87
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New Protections for Pregnant, Nursing Workers

InterWest Insurance Services

In the waning days of 2022, Congress passed a bipartisan $1.7-trillion spending bill that includes legislation that expands rights for pregnant and nursing employees. The budget bill, which President Biden has signed into law, included the Pregnant Workers Fair Act (PWFA) and the Providing Urgent Maternal Protections for Nursing Mothers Act (PUMP Act).

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The Curious Case of I-Bonds: Too Good to Be True?

Money Talk

I can’t think of any other investment, off the top of my head, where the rate of return earned two decades ago continues to directly influence what I receive today…with the exception of Series I-bonds issued by the U.S. Treasury. Of course, early compound interest earned also impacts later investment growth, but I’m talking about investment features per se.

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What Is Imposter Syndrome? Learn What it is and 10 Ways to Cope

BetterUp

Jump to section What is imposter syndrome? What causes imposter syndrome? Characteristics of imposter syndrome Types of imposter syndrome What kind of imposter are you? 15 questions to help you find out How to deal with imposter syndrome 10 tips for dealing with your imposter syndrome Bias and imposter syndrome The prevalence of imposter syndrome and why it matters “Any day now, they’re going to realize what a mistake they made in hiring me.

IT 145
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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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Unlocking the Power of LinkedIn: How to Leverage its Features for a Successful Job Search

HR Digest

In today’s job market, having a strong online presence is crucial for career advancement. LinkedIn is one of the most powerful social media platforms for professionals looking to network, search for job opportunities, and showcase their skills and experience. As an HR professional, I highly recommend utilizing LinkedIn’s features to job seekers looking to advance their careers.

Utilities 122
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How can employers help staff avoid burnout while managing productivity?

Employee Benefits

Burnout symptoms include increased frustration and irritability, indifference towards work, being withdrawn and tearful, higher levels of absence, and less inclination to learn and develop. Having regular conversations about mental health with employees, understanding more about the reasons behind burnout, and highlighting what support is available, is key.

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HR Evolution Perspectives: Mapping the Evolution of HR in 2023 And Beyond

Darwinbox

With the world of work evolving constantly and at an unprecedented rate, HR evolution needs to happen at a proportional pace as well. Introducing Darwinbox’s flagship HR research study to help you navigate change and stay ahead of disruption.

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SECURE 2.0 Opens the Door on Retirement Match Based on Student Loan Payments

Proskauer's Employee Benefits & Executive Compensa

The grab bag of retirement provisions in the SECURE 2.0 legislation that was enacted at the end of 2022 included an expansion of the ability for a section 401(k) or 403(b) plan, or a governmental section 457(b) plan, to provide matching contributions on participants’ student loan payments. Effective for plan years starting after December 31, 2023, the change can help employees who might otherwise forgo matching contributions to pay off student debt.

401(k) 115
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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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Barbservations About Get Smart With Money

Money Talk

I recently watched the Netflix documentary film Get Smart With Money (1:33) to prepare for a discussion of the film with several dozen professional financial practitioners who are members of AFCPE. Below are my Barbservations about the film from the lens of a long-time financial educator: Content and Format Diversity and Demographics - The film featured four case study characters, each with a financial coach assisting them for an entire year.

Finance 242
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The HR metrics that matter most in 2023

Business Management Daily

Most companies have long taken a data-driven approach to sales, marketing, and customer satisfaction — but more and more companies now realize the benefits of tracking HR analytics (also called people analytics). In fact, according to a study by Deloitte, 69% of large organizations have formed a people analytics team with an associated database. The key takeaway from the study is that people analytics are here with a vengeance, which is why HR teams & leaders should get on board sooner rathe

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The Art of Conducting Effective Remote Job Interviews

HR Digest

The COVID-19 pandemic has brought about many changes in the way we work, including the way we conduct job interviews. With remote work becoming the norm, remote job interviews have become a common practice. But how can HR professionals ensure that they are conducting effective interviews? Here are some tips to help you master the art of remote interviews.

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Supporting everyday financial wellbeing in a changing economic climate

Employee Benefits

Employers are experiencing increasing demand from employees for salary rises because of the pressures on everyday financial wellbeing, such as the ever-rising cost of living , inflation and interest rates. Employers can offer their workforce support on how to save by utilising their workplace benefits , including discount schemes and budgeting tools.

Finance 118
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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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Unique interview questions to ask an employer – plus, what to ask as an employer

cipHR

Not sure what to ask during an interview? Try these unique interview questions to ask an employer – plus, our top creative questions to ask as an employer While modern recruitment systems enable employers to screen and filter candidates using so-called ‘killer’ questions, it’s at the interview stage that HR professionals and hiring managers have the best chance to gain deep insight into a candidate’s background, expertise and aptitude.

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The Long-Awaited End of the Tolling of Plan Deadlines due to COVID-19

Proskauer's Employee Benefits & Executive Compensa

The Biden Administration recently announced that the COVID-19 National Emergency will end on May 11, 2023. This means that the requirement to extend various benefit plan deadlines due to the COVID-19 pandemic will end as well. By way of brief background, early during the pandemic, the U.S. Departments of Labor and Treasury adopted relief pursuant to which benefit plans were required to toll plan deadlines during the period from March 1, 2020 until 60 days after the end of the COVID-19 National

IT 111
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Current Events in Personal Finance

Money Talk

At a recent virtual conference for financial educators sponsored by Next Gen Personal Finance, ten current trends that are impacting the world of personal finance were discussed. Below is a brief summary of key take-aways: Online Gambling - An estimated 60% to 80% of high school students, mostly teenage boys, placed a bet during the past 12 months and 36 states now have online gambling.

Finance 241
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6 Interesting Ways To Celebrate National Good Samaritan Day At Work

Vantage Circle

National Good Samaritan Day is celebrated on March 13 of every year. It is a day to recognize and celebrate the selfless good deeds of Good Samaritans. Be it helping an elderly cross a road or rescuing someone selflessly, all acts of kindness that do not seek rewards fall under being a good Samaritan. What is Good Samaritan Day? This day is celebrated in honor of Catherine "Kitty" Genovese.

Food 105
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5 Trends to Help Your Organization Boost Job Satisfaction and Productivity

Treating your workforce as the organization’s top priority improves customer satisfaction and revenue growth and can boost job satisfaction and productivity. Read about five trends that are helping organizations around the country improve their people’s career well-being.

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The Importance of Unlearning to Succeed at Work

HR Digest

Unlearning at work is a vital component of growth , and regardless of how we view it, it can’t be avoided. The workplace continues to change and evolve, therefore old methods of doing things are no longer solid and have become outdated. The workplace is constantly changing, and you need to be able to adapt if you want to stay competitive. But how do you keep up with the pace of change?

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Cisco, Salesforce and Xero named UK’s best workplaces for wellbeing

Employee Benefits

Image credit: Valeriya Zankovych / Shutterstock.com Communications business Cisco, software organisation Salesforce, and accounting software provider Xero are among the employers listed as the UK’s Best Workplaces for Wellbeing in 2023. Other businesses included on the list were insurance firm Admiral, enterprise management software business Edison365, and call and live chat provider Moneypenny.

Software 111
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How to Give a Good Presentation: 8 Tips to Succeed

BetterUp

Jump to section What are the main difficulties when giving presentations? How to prepare an effective presentation After that, how do I give a memorable presentation?

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The rise of the pods shows how the workplace pendulum swings

Workplace Insight

Long before the office died (I read its obituary in several publications) there were hotly contested debates about open plan offices. That is of course before those debates were eclipsed by more current workplace rantings (ask the editor). Skimming through the open-plan office timeline, Herman Miller launched action office , L-shaped desks with screens became shared benches, and decades later tech brands rolled out efficient open-plan workspaces around the globe, with Facebook creating the bigge

Media 98
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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.