May, 2024

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These 3 benefits are wanted by all generations in the workforce

Employee Benefit News

Data from Forbes Advisor shows that while nuances exist, some core offerings appeal to every age group.

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Retirement Research Results and Recommendations

Money Talk

I recently reviewed notes that I took at recent presentations about retirement. Below are seven recommendations that stood out to me and might be helpful to Money Talk blog readers: Define Your New Self - People may retire after decades of work, but they do not retire from life. To prepare for this transition, make a point to define yourself by who you are rather than what you do.

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The Great Resignation has given way to The Big Stay, says the CIPD

Workplace Insight

The luxury belief that was the so-called Great Resignation, appears to be over, even if you assume it ever existed. Workers are increasingly staying put in their current jobs and more employers are holding steady on staffing levels as the labour market slows, according to the CIPD’s latest Labour Market Outlook report. The survey shows more than half (55 percent) of employers are looking to maintain their current staff level – the highest level since winter 2016/17.

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E-Verify: What Organizations Need to Know Today

HR Bartender

Estimated reading time: 5 minutes (Editor’s Note: Today’s article is brought to you by our friends at Poster Guard® Poster Compliance Service from HRdirect , the leading labor law poster service that gets your business up to date with all required federal, state, and local labor law postings, and then keeps it that way — for an entire year. Enjoy the article!

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The Truth About Group Medicare: Better Benefits, Lower Cost

Speaker: Lauran Star, PhD

We’re not sugarcoating it: retirement benefits in America are broken. As our workforce ages, too many employers cling to outdated benefit structures that drain budgets while leaving retirees confused, underserved, and anxious about healthcare costs. In this high-impact webinar, we will challenge everything you think you know about benefits for your aging and retired employees, especially the hidden potential of Group Medicare as a strategic advantage—not just a compliance checkbox.

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75% used workplace schemes to access healthcare services through insurance

Employee Benefits

Of the 1.8 million employees who accessed healthcare services through health or protection insurance in 2022, 1.3 million (75%) relied on workplace-provided schemes to do so, according to research by the Association of British Insurers (ABI). Its Growing demand – increased use of health and protection services in 2022 report also found that almost 600,000 (87%) of the 700,000 people included in the research who used virtual GPs in 2022 did so through their employer’s scheme.

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When employees connect, their wellness improves

Employee Benefit News

Acts of kindness among coworkers can play a large role in a workforce's well-being.

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SSA to Hold Semi-Annual Meeting on June 13

PayrollOrg

Register by June 10 to attend the Social Security Administration’s (SSA) semi-annual meeting on June 13. This virtual meeting will be with the wage reporting community and the IRS.

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What is Talent Optimization?

HR Lineup

In the realm of business, success hinges not only on strategy and innovation but also on the people who drive these initiatives forward. Recognizing this, organizations increasingly focus on talent optimization—a holistic approach to maximizing the effectiveness of their workforce. Talent optimization goes beyond traditional human resources practices by integrating data-driven insights, behavioral science, and strategic planning to align talent strategy with business objectives.

Health 279
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Retiring Shared Demo Tenant: Workday's still correctable blunder

Ahmed's Universe

PARIS As my blog followers have known for quite some time, I am a great admirer of Workday: the company, its people, its products, its culture, its customer service. Many of my posts are testimony to this admiration, as is my decision to spend most of my working time implementing the product for my clients. This being said, my blog followers also know that I am no blind vendor cheerleader: When deemed necessary, I would not shy away from criticizing Workday as I did in my Open Letter to Dave Duf

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Is Your Organization Ready for Real-Time Payments (RTP) and FedNow?

Faster, more flexible payment isn’t a future goal — it’s happening now. Real-time payments and the FedNow® Service are transforming wage disbursement, offering instant deposits, stronger compliance, and a better employee experience. This guide outlines the opportunities, compliance risks, and operational best practices finance and payroll leaders should know.

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Expert Recommendations to Avoid Scams

Money Talk

It seems like scams are everywhere these days and they affect people of all ages. Below are eight expert recommendations to avoid being a victim of fraud: Get a Contract and Read It- Always have written contracts and review them carefully before signing them when engaging contractors or other service providers to perform work. Don’t leave any blank spaces and always keep a copy of any document that you are asked to sign.

Finance 142
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Nike Layoffs Announcement to Affect 740 Employees by June 28

HR Digest

The Nike layoffs announcements from back in February will soon finish taking shape in June, as 740 employees from their World Headquarters in Oregon will be asked to leave. The company had announced a 2 percent reduction of the workforce, targeting a reduction of at least 1,600 employees over time. Nike’s layoffs within its workforce are part of a much larger cost-cutting strategy after their last annual report in December did not see profitable results to the degree the company had expected.

Retail 139
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Hospital price transparency data can be a game changer for self-funded employers

Employee Benefit News

Experts from Turquoise explain how employers can save 27% across 500 common healthcare services using the Hospital Price Transparency Rule.

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EEOC Files Lawsuits Against Employers for Noncompliance

PayrollOrg

The U.S. Equal Employment Opportunity Commission (EEOC) filed lawsuits against 15 employers for failing to comply with the mandatory federal reporting requirements. Employers must submit the 2023 EEO-1 Component 1 data report by June 4.

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AI in HR: 20+ Prompts to Use Now

AI is reshaping the business landscape, including HR. This guide is designed to help you understand and implement AI effectively for tangible benefits and a more strategic approach. Learn how to: Automate routine tasks Boost data insights Enhance employee experiences Drive HR’s strategic value Download the guide today!

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10 Best Goal-Setting Software Of 2024 For Teams

HR Lineup

Goal-setting is a cornerstone of successful teamwork, helping to align efforts, track progress, and achieve collective objectives. As teams become more distributed and projects more complex, the right goal-setting software can make all the difference. What is Goal Setting Software? Goal-setting software is a specialized type of software designed to help individuals, teams, and organizations define, track, and achieve their goals.

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#HRTechChat: Ayden Hodgins of New Entity HCM

3Sixty Insights

AI is set to empower HR leaders and optimize time with functionalities like timekeeping and attendance. In our latest #HRTechChat, Dylan Teggart is joined by Ayden Hodgins of New Entity HCM to speak about the future of AI in HCM and how large language models will improve the future of work. Our #HRTechChat Series is also available as a podcast on the following platforms: Apple iTunes: [link] Spotify: [link] Stitcher: [link] SoundCloud: [link] YouTube: [link] iHeartRadio: [link] Google Podcast: [

Retail 124
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Electric arc furnaces could turn old concrete into zero-carbon cement

Workplace Insight

Concrete and steel production are major contributors to global CO2 emissions, but a new technology from Cambridge University offers a promising solution: recycling both materials simultaneously. This innovative process involves using old concrete in steel-processing furnaces to not only purify iron but also generate “reactivated cement” as a by-product.

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The Art of Conducting a Comprehensive Training Needs Analysis

HR Digest

In this comprehensive guide, we will delve into the intricacies of what training needs analysis is, and explore its various components, best practices, and the step-by-step approach to implementing it effectively. Whether you’re a seasoned HR professional or a business leader seeking to optimize your training programs, this article will provide you with the insights and strategies necessary to elevate your organization’s learning and development initiatives as you learn how to conduc

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Protect Your Business and Stay On Top of Compliance

To keep your business running smoothly (and legally), HR needs to get compliance right every time. Our HR Compliance Checklist is your go-to guide to cover the basics and start your auditing processes, helping you identify and address any gaps in your HR functions. Remember, compliance rules can differ based on industry and location—you’ll still need to keep up with changing regulations, but our checklist can help you get started.

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How these tech companies are helping autistic talent thrive

Employee Benefit News

AutonomyWorks matches autistic talent with tech contract roles, and provides on-the-job training, too.

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NYC Office of Child Support Services Hosts Employer Conference

PayrollOrg

On June 4, employers can attend a virtual child support conference hosted by the New York City Office of Child Support Services to learn about compliance and ask questions.

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Top 10 HR Ticketing Systems in 2024

HR Lineup

In today’s fast-paced corporate environment, Human Resources (HR) departments are under increasing pressure to manage employee queries, issues, and tasks efficiently. HR ticketing systems have become an essential tool for streamlining these processes, ensuring that employee concerns are addressed promptly, and improving overall HR service delivery.

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#HRTechChat: Lilith Christiansen on Unlocking Employee Potential Through Strategic Onboarding

3Sixty Insights

Lilith Christiansen is the founder and lead consultant with HumanGenuity and co-author of the best-selling book Success Onboarding. She focuses on programs and processes that help people thrive in organizations. In this HRTechChat, Lilith discusses her approach to successful onboarding, first impressions, employee experience, and manager enablement, while touching on how new technology can play a role in these.

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Bringing Us Together Through Innovative Benefits

Speaker: Joe Fernandez, Chief Strategy Officer, Selerix & Sharlyn Lauby, Author & Publisher, HR Bartender

What if your benefits strategy could be more than just inclusive—what if it could actually bring your team closer together? In today’s evolving workplace, employees span a wide range of life stages, work arrangements, and cultural perspectives. That’s why offering one-size-fits-all benefits just doesn’t cut it anymore. It’s time to reimagine how we support our teams.

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Wake-Up Call: The Impact of Sleep Deprivation

International Foundation of Employee Benefit Plans

There is no denying that sleep is incredibly important. After all, we spend a third of our lives asleep! Despite the considerable role sleep plays in our lives, many of us often feel tired and lethargic, and we have difficulty falling to […] The post Wake-Up Call: The Impact of Sleep Deprivation appeared first on Word on Benefits.

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Bringing workplaces back to their prime requires a holistic approach

Workplace Insight

The pandemic radically changed the way we work and kick-started the proliferation of the hybrid model and widespread remote work. Now the picture has shifted once more, with headlines pointing to increasing return to the office policies introduced by organisations, with greater productivity and collaboration among their top reasons for doing so. Dubbed the year of the ‘Great Office Return’ by Virgin Media 02 Business Movers Index , 2023 saw four in ten companies mandating a return to the five-da

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Office romances are on the rise among younger employees

Employee Benefit News

A employment and liability expert explains what's driving the uptick and romantic prospects and how to mitigate the risk.

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Connecticut DOL Issues EWA Guidance for Employers

PayrollOrg

The Connecticut Department of Labor has issued earned wage access (EWA) guidance for employers that includes information about wage deductions for fees.

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The Great Disruption: Leveraging AI To Better Your Benefits Strategy

Speaker: Joana Ardelean, MSHRM, PHR, SHRM-CP, CC

The benefits landscape is shifting rapidly, and AI is at the center of this transformation. From optimizing health and wellness programs to predicting future benefits needs, AI is empowering HR and total rewards leaders to make smarter, more proactive decisions. The challenge? Understanding where AI fits in your strategy and how to leverage it effectively while keeping employee well-being at the forefront.