October, 2022

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15 actionable employee appreciation ideas

Achievers

Every company relies on its talent to carry it to new heights. But if your organization’s employees feel unappreciated, it won’t be long before they start looking for other opportunities. According to Achievers’ 2022 State of Recognition Report, two-thirds of employees state that feeling appreciated would reduce their desire to job hunt, while more than half say appreciation would make them less likely to take a call from a headhunter.

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IRA Basics for Retirement Savers

Money Talk

While taxpayers have until the tax filing deadline in April 2023 to contribute to an individual retirement account (IRA) for 2022, many people prefer to make all of their current year tax-saving moves before year-end. This leaves about two months to make an IRA deposit during the 2022 calendar year or up to six months if you wait until April. Below is a discussion of IRAs and details about how they can lower your taxes and provide a retirement savings nest egg: Description - An IRA enables worke

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58% of workers feel undervalued at work — how benefits and recognition can help

Employee Benefit News

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Who Pays Unemployment Tax?

Patriot Software

When an employee becomes unemployed, they might qualify to receive unemployment benefits. Unemployment benefits are funded by unemployment taxes, which are paid based on employee wages. But who pays unemployment tax? You or your employees? Types of unemployment taxes Before you can learn who pays unemployment taxes, you need to know about the two types […] READ MORE.

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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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7 great tips for making employees happy

Achievers

When you think of your company, the first things that come to mind might be your customers, your products, and, of course, your team. There are many ways to describe the ideal team, like productive, loyal, and collaborative. These are all great terms, but from their own perspective, most employees — and people — simply want to be happy. You know what it feels like to be happy, but what does it look like across an entire workforce?

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The future of recruiting: 8 ways to win the talent war

Insperity

Many businesses, regardless of size, type or industry, have found themselves in the trenches of today’s talent war, and the future of recruiting seems complicated and murky. Today, attracting and retaining top talent is one of the most pronounced challenges that leaders face. Why is there a talent war? Employees have a wider range of career options than they ever have before.

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Basics of Behavioral Economics

Money Talk

The field of behavioral finance blends economics and psychology and acknowledges that people are often irrational decision makers. Everyone has cognitive biases, which are flaws or errors in thinking that can lead to poor financial decisions. The first step to mitigating errors is to become aware of common biases to plan to proactively minimize them.

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3 Experience Based Situational Interview Questions to Ask

HR Digest

Truth be told, an experience from the past is most likely to determine what the future could look like (maybe a tiny glimpse of it). Situational interview questions are no different when it comes to achieving this. These questions give an insight into what an employee’s past experience was like and could directly impact what the future could look like.

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What is Transgenerational Trauma, and How Does it Affect Our Families?

BetterUp

Jump to section. What is transgenerational trauma? Who is affected by transgenerational trauma? How are intergenerational and historical trauma different? What causes transgenerational trauma? Examples of transgenerational trauma. Symptoms of transgenerational trauma. Ending the cycle of transgenerational trauma. Treatment for transgenerational trauma.

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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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10 fun team-building activities to suit every type of worker

Achievers

The idea of team-building sounds great, in a vacuum. What could be wrong with having some fun, getting to better know your coworkers, and even getting a bit of time off the job? Unfortunately, this simple concept has been routinely misused for years, with organizations implementing mandatory fun — an oxymoron if there ever was one — in the form of events and activities that somehow make hitting the grindstone look appealing by comparison.

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Connecticut Paid Family Leave and What to Know

Patriot Software

Connecticut joined the paid family leave states when employers began handling Connecticut paid family leave contributions in 2021. Time has flown by and it’s now 2022. What does that mean? Employees in Connecticut can now apply for benefits from the state’s paid family leave program. Read on to learn about the new Connecticut paid family […] READ MORE.

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Top 10 causes of stress at work (and what you can do about them)

Business Management Daily

We all have to contend with workplace stress, and according to the evidence — it’s at an all-time high right now. The proof? 83% of workers in the US now suffer from work-related stress, and businesses regularly lose up to $300 billion annually due to its negative effect on productivity. When stress levels become too high, it can impact an employee’s physical and mental health in several detrimental ways.

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Two More District Courts Reject ERISA Fee and Performance Claims as Insufficient

Proskauer's Employee Benefits & Executive Compensa

Two recent district court decisions add to the growing number of courts granting motions to dismiss putative ERISA class actions challenging defined contribution plan fees and investment performance. These decisions from the Eastern District of New York and the Eastern District of Wisconsin are the latest victories for defendants at the motion to dismiss stage in this arena, and come on the heels of multiple similar decisions in the Sixth and Seventh Circuits (discussed here , here , and here )

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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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How to Effectively Train Employees

HR Digest

Asking the right questions before selecting or designing an employee training program can help determine whether the handpicked approach is the right solution or whether there’s an immediate need for performance issues to address. What matters is not how effective employee training methods you’ve picked, but the prior methodology wherein the trainer determines training goals, adaptive behavior, and whether certain employee training methods for employees are worth pursuing.

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Collective Trauma: Developing Resilience in the Aftermath

BetterUp

Jump to section. What is collective trauma? Common causes of collective trauma. 5 examples of collective trauma. COVID-19 and collective trauma. Effects of collective trauma on mental health. How collective trauma influences communities. How groups create meaning out of collective trauma. How to heal from collective trauma.

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3 Digital Tools That Can Help Boost Employee Wellness

Best Money Moves

3 digital tools that can help boost employee wellness. In today’s hybrid workforce, digital resources are more important than ever before. These 3 tools are key to supporting employee wellness. Whether your team is remote or heading back to the office, digital solutions can make it easier for your team to get the benefits they are eligible for.

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15 Easy And Engaging Christmas Games For The Office

Vantage Circle

Your employees toil all year long. During Christmas, they deserve to have some fun and laughter. And what better way could there be to add those cheers in the holiday season than throwing a fabulous party for them to enjoy? Party with great food, beverages, and some awesome team-building activities. After all, team-building and engaging activities like Christmas games for the office foster a network of healthy professional relationships and encourage rekindling the existing ones.

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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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Procrastination at Work: How to Practice Better Time Management

Business Management Daily

A little bit of procrastination at the office is surprisingly common, with 88% of workers reporting that they put off important work tasks for at least one hour each day. Yet, procrastination at work is a much more severe problem for some workers. 15 – 20% of workers say they avoid important tasks regularly, which qualifies as chronic procrastination.

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Supporting Working Parents

International Foundation of Employee Benefit Plans

Employer considerations for working parents includes a review of current laws and best practices when supporting nursing mothers. The post Supporting Working Parents appeared first on Word on Benefits.

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What happens to 401k if furloughed?

HR Digest

If you’re furloughed, does that mean your 401k is canceled? In a sentence: no, your furlough pay reduction does not lead to 401k cancellation. Your 401k is yours, and it stays yours. While you may not be able to contribute to your account during furloughs, you can still contribute yourself after the furlough ends. This means that if you want to keep saving for retirement, you can do so—and with the right tips, you could even get a little extra cash for your savings.

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Soft Skills for Leadership and Employees to Hone

BetterUp

Jump to section. What are soft skills? Why do soft skills in the workplace matter? Examples of soft skills that are crucial at work. How to spot soft skills in employees and candidates. How to help employees with soft skill development.

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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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Childcare Benefits: A Reckoning for Working Families

TalentCulture - Employee Benefits

It’s not a stretch to say COVID changed everything—including the way working families think about childcare benefits. Before the pandemic, parents struggled with childcare challenges, of course. But the day-to-day realities grew much worse when the pandemic struck. After the initial shock of schools and childcare centers shutting down, families were left to figure out […].

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Do Employers Have to Give Pay for Jury Duty Leave?

Patriot Software

When an employee is called to serve on a jury, it can be a strain on your business. You might need to adjust schedules to fill the employee’s absence. Product creation or services might be disrupted. When your employee is fulfilling their civic duty, your business doesn’t stop. But, when an employee is on jury […] READ MORE.

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How to prioritize your work: Simple steps to keep on track

Business Management Daily

Effectively prioritizing your work tasks is important. In fact, it’s so important that one of the most common job interview questions is “how do you prioritize your work?” Most people have a generic answer prepared. But how do you actually prioritize your work and get things done once you have a job? How to prioritize work in the most effective manner will generally depend on your own preferences and workflow.

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The Dos and Don’ts of Addressing Mental Health Challenges in the Workplace

International Foundation of Employee Benefit Plans

Practical suggestions and strategies managers can use to recognize mental health concerns as well as strategies for prevention and early intervention. The post The Dos and Don’ts of Addressing Mental Health Challenges in the Workplace appeared first on Word on Benefits.

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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.