Sat.Apr 30, 2022 - Fri.May 06, 2022

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In a Benefits Plan Far, Far Away

International Foundation of Employee Benefit Plans

Over the past several years, May 4 has skyrocketed in popularity as Star Wars Day—as in, “May the Fourth be with you.” In honor of May the Fourth, we thought it. Read more > The post In a Benefits Plan Far, Far Away appeared first on Word on Benefits.

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High-Earning Employees Need Financial Help, Too

Best Money Moves

High-earning employees need financial help, too. A six-figure salary doesn’t always translate to financial security. Here are 4 ways high-earning employees can benefit from financial wellness programs. It’s a common misconception that a six-figure salary always translates to financial security and that high-earning employees have no need for financial wellness benefits.

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Frugal Spending Tips for Your Next Road Trip

Money Talk

This post is excepted from an article that I wrote for my brother Michael's website about preparing for a road trip during these challenging financial times with rising food, gas, and travel expenses. My brother Michael, a professional photographer and avid motorcyclist, started the website Roadcraft USA to share his passion for beautiful scenery and fun and interesting road trips, especially the two-wheeled kind.

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Building a compelling employee value proposition (EVP)

Achievers

Employers everywhere are familiar with the Great Resignation. The elevated quit rate among employees that began in 2021 is affecting organizations across industries. The Great Resignation is partially a response to the opportunity the pandemic gave employees to evaluate their job and its effect on their personal well-being, together with the new power employees have in a tight labor market.

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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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Five Steps to Reducing Mental Health Stigma at Your Workplace

International Foundation of Employee Benefit Plans

Stigma can be one of the greatest barriers to psychological health and safety in the workplace, especially for employees with mental health issues such as depression or anxiety. Eliminating stigma. Read more > The post Five Steps to Reducing Mental Health Stigma at Your Workplace appeared first on Word on Benefits.

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Sixth Circuit Rejects Arbitration for Proposed Fiduciary Breach Class Action

Proskauer's Employee Benefits & Executive Compensa

The Sixth Circuit, in a matter of first impression for that Circuit, held an arbitration clause contained in an individual employment agreement did not apply to ERISA fiduciary breach claims brought on behalf of a defined contribution plan. The case is Hawkins et al. v. Cintas Corp. , No. 21-2156, __ F.4th __, 2022 WL 1236954 (6th Cir. 2022). Plaintiffs, former Cintas Corp. employees, sued the company and its investment committee under Section 502(a)(2) of ERISA on behalf of its 401(k) plan, al

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How to answer “What is your greatest strength” question during an interview

HR Digest

“What is your biggest strength?” is a common interview question that most of us have encountered during a job interview. Many candidates are stumped when it comes to answering this question. Establishing the appropriate context and being honest and professional are the best ways to respond. It’s critical that your skills complement the job description.

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Why Do We Need Strong Change Management in the Way We Look at Remote Work Policies?

Qandle

A systematic strategy for dealing with the shift or transformation of corporate goals, fundamental values, procedures, or technology is known as change management. Every organizational change management endeavor has the goal of successfully implementing techniques and tactics for bringing about change and assisting people in accepting and adapting to it.

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How to Deal With Rude People: 10 Tips

BetterUp

Jump to section. Rudeness vs. bullying. 3 ways to respond to rude behavior. How to deal with rude people at work. How to deal with rude people at school. How to deal with rude people at home. Eliminate toxicity.

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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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Getting back to the future of work

Workplace Insight

Quoting George Orwell is the kind of thing that people who haven’t read George Orwell do. I have read Orwell, and even have a drunken story about Paul Shane signing my copy of the Collected Essays, which was the only autograph-able material I had on me at the time I met him in a pub in about 1990. For another time. In Nineteen Eighty-Four, Orwell describes Winston Smith’s realisation that the best books are those that tell you what you already know.

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How Auto-Adjudication Affects Healthcare Costs | BerniePortal

BerniePortal

As organizations begin re-evaluating their benefits plans in hopes of saving more money, they will need to consider all options. The rising costs associated with healthcare benefits have only added further pressure to this search for better solutions. One factor that can affect the cost of premiums is auto-adjudication. Understanding auto-adjudication can help employers make better financial decisions for their organization.

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Expanding Mental Health Access Through Integration

AssuredPartners

It is easier to follow tradition than to embrace innovation, but doing so risks progress. This is no different from change, and change is inevitable. So we can either idly stand by as the foundation of our legacy erodes or recognize our past while raising pillars to progress. The Substance Abuse and Mental Health Services Administration defines recovery as “a process of change through which individuals improve their health and wellness, live a self-directed life, and strive to reach their

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How to Handle Conflict in the Office: 7 Tips for Resolution

BetterUp

Jump to section. What is conflict in the workplace? 5 causes for conflict in the office. 4 types of conflict in the office. How to identify conflict in the office. How to handle conflict in the office. What about remote teams? How to prevent conflict in the office. Moving forward.

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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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Retrofit is essential for the UK’s stock of poor performing commercial property

Workplace Insight

The UK Green Building Council (UKGBC) has published a guide that calls on businesses to retrofit the country’s poorly performing stock of commercial buildings. From 2025, every commercial building in the UK will require an energy performance certificate (EPC) which rates its energy efficiency from grade A to G. The Government is seeking to strengthen these standards and has proposed that all commercial properties being let have a minimum EPC rating of at least ‘B’ by 2030 and i

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The Rise of Fertility Benefits–A New Must-Have? | BerniePortal

BerniePortal

Attracting top talent has become increasingly difficult for organizations with too many open positions and too few candidates to fill them. This imbalance has caused competition, leading employers to offer more extensive benefits packages. As a result, one benefit that has been growing in popularity is egg-freezing. In-vitro fertilization treatments and egg-freezing benefits have increased dramatically in the past year.

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IRS Announces HSA and HDHP Limits for 2023

AssuredPartners

Each year around this time the IRS announces the inflation-adjusted limits for Health Savings Accounts (HSAs) and High Deductible Health Plans (HDHPs), as they are required to do so annually prior to June 1st. On April 29, 2022, the IRS released Revenue Procedure 2022-24. Rev. Proc. 2022-24 addresses the following: The maximum HSA contribution limit; The minimum deductible amount for HDHPs; and.

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9 Memorial Day Ideas For Work

Vantage Circle

Memorial Day is usually considered the unofficial start of summer when everyone starts to plan for long trips or family outings. However, it is much more important than celebrating the start of the summer. It’s a time to honor the military personnel who laid down their lives while serving the military. And if you are planning to celebrate it in the workplace, then this article will assist you in providing some fantastic memorial day ideas for work.

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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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Flat organisations are handing out inflated job titles to hang on to staff

Workplace Insight

We’ve seen more talk of the glass ceiling in recent years than for some time, and part of the explanation is the way we’re creating false career ladders within businesses which don’t need to be there and don’t really lead anywhere. We are seeing companies trying to retain people in a time of skills shortages and one of the ways they are going about it is to accelerate ‘promotions’ within organisations for individuals to encourage them to stay.

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Cultural Diversity in the Workplace: How to Build an Inclusive Culture

BetterUp

Jump to section. What is cultural diversity in the workplace? 4 types of cultural diversity in the workplace. What are the benefits of cultural diversity in the workplace? 5 ways to promote cultural diversity at work. The importance of cultural diversity in the workplace.

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Gender Pay Gap Narrows Down Women to Men Wage Ratio in 2022

HR Digest

With the exception of sexual harassment in the workplace , gender pay gap remains one of the most debtable topics when it comes to men and women at work. It’s pretty unfortunate that women who hold full time-time jobs still earn 79 cents for every dollar that men with full-time jobs earn ( U.S. Census Burea u). This gap widens as we traverse race and ethnicity – African-American and Latina women earn 64 cents and 56 cents respectively, for every dollar that white, non-Hispanic men earn.

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How to Manage Inventory

Kollath CPA

Do you always have the necessary products available when you need them? Have you lost out on business because items were out of stock? Have you lost money due to excess stock? If any of these predicaments are true for you and your business, you may need to take a closer look at your system and how to manage inventory. What are some basic inventory management techniques?

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Employer Insights Report 2024: The State of Cancer

96% of benefits leaders agree: detecting cancer early is the best way to get ahead of rising costs and improve employee health outcomes. So why is it that 82% of employers currently spend significantly more on post-diagnosis care and disease management rather than upstream care? A new survey of 250 benefits leaders who oversee 500 to 50,000 covered lives highlights their perspective on cancer and its burden.

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The four day week and a case of less is more

Workplace Insight

When a pilot programme for a four day week was announced in the UK early in the New Year, #4dayweek trended for days on twitter, with jokey comments on how employees taking part in the trial should do everything not to ‘f it up for the rest of us.’ But behind the humour there’s a real issue with productivity in the UK. Recent Office for National Statistics reveals that while productivity grew across all G7 countries during the pandemic, the UK experienced the largest falls in GDP growth and an i

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Track Employee Hours Without the Administrative Work | BerniePortal

BerniePortal

If you have hourly employees, you know how important it is to keep an accurate record of employee hours to maintain compliance and run payroll. On paper, this is challenging, and it has traditionally created a significant administrative burden for the HR department. As a result, more and more employers are taking their HR administration online , including time and attendance tracking.

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Why is Upskilling and Reskilling Important?

HR Lineup

Every business experiences its share of challenges, and it is crucial to find measures to manage them before affecting your organization’s bottom line. Reskilling and upskilling programs are some of the strategies you need to implement to bring the change your company is yearning for. In addition, this employee management strategy helps your business survive during tough times, thus remaining afloat. .

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Another Judge Makes the News

Florida Workers' Comp

Judicial behavior is back in the news. Just recently, there was an interesting story about a judge's performance. See Medical Excuse (April 2022). It is a troubling story of an Ohio judge that seemed less than focused upon the Code of Judicial Conduct and the challenges of avoiding the "appearance of impropriety." I got some interesting feedback on that situation, and for the most part there was skepticism of the medical excuse, similar to that expressed by the Justice cited there.

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How to Implement Pay Transparency: A Comprehensive Guide

With pay transparency legislation on the rise globally, it can be difficult for organizations to navigate how to share salary ranges due to administrative complexities, lack of clear job architecture, employee reactions, and more. To help make this process easier, Barley's comprehensive guide shares how to begin implementing pay transparency while staying true to your compensation philosophy.