Sat.Sep 24, 2022 - Fri.Sep 30, 2022

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Overtime pay and private insurance: Top 10 work perks employees want this year

Employee Benefit News

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Three Major Workplace Trends You Can’t Ignore

International Foundation of Employee Benefit Plans

What a time it’s been. A global pandemic, wars, monkeypox. in some ways, it feels like we’ve been living in a movie. I can’t watch disaster movies. Read more > The post Three Major Workplace Trends You Can’t Ignore appeared first on Word on Benefits.

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What Is a Furlough?

Patriot Software

When it comes to business, things don’t always go according to plan. At some point, you may find your company struggling to stay afloat financially. And if that time comes, you may need to furlough some workers to avoid drowning. So, what is furlough? Keep reading to learn the definition of furlough, examples, and how […] READ MORE.

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Looking to Improve Retention? These 15 Wellness Offerings May Do the Trick.

International Foundation of Employee Benefit Plans

The International Foundation of Employee Benefit Plans has surveyed benefits practitioners about their workplace wellness initiatives for more than a decade. Over this period, benefits have evolved from time-tested offerings. Read more > The post Looking to Improve Retention? These 15 Wellness Offerings May Do the Trick. appeared first on Word on Benefits.

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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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The Working Condition Fringe Benefit Is Tax-free. Who Knew?

Patriot Software

For many employers, nothing’s more confusing than employee benefits and payroll taxes. Are there any fringe benefits that are exempt from all payroll taxes? Yes, there are, and the working condition fringe benefit (spoiler!) is one of them. What is the working condition fringe benefit? The working condition benefit is a type of fringe benefit […] READ MORE.

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Dealing with difficulties pays dividends

BetterUp

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Cost-effective ways to provide financial benefits, according to Goldman Sachs

Employee Benefit News

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An Introduction to IRMAA

Money Talk

Full disclosure: this blog post is written from a place of privilege for older adults with higher-than-average incomes and/or assets. Many are middle income taxpayers who diligently saved and invested for 4-5 decades in tax-advantaged plans. Yes, I am one of approximately 7% of Medicare participants who pay income-related monthly adjustment amounts, a.k.a., IRMAA surcharges.

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What Employee Handbook Topics Should You Cover?

HR Digest

Before getting down to writing an employee handbook , HR professionals need to understand what they should include by law. The HR Digest has curated a list of employee handbook topics that’ll come in handy when you set up the organization’s human resources policies. According to research from GuideSpark , 43% of gen Y are not reading the majority of the employee handbook, while 11% of gen Y haven’t even opened an employee handbook.

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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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Best Leadership Books: 21 of the Most Impactful Reads

BetterUp

Jump to section. Best leadership books for personal development. Best leadership books for people managers. Best leadership books for organizational leaders.

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Inflation Reduction Act 2022

AssuredPartners

On August 16, 2022, President Joe Biden signed the Inflation Reduction Act of 2022. The Act contains more than $430 billion, which is anticipated to reduce the federal deficit over $300 billion in the next decade. The Inflation Reduction Act includes a variety of new implementations: $369 billion towards climate and energy policies. Authorizes three years of Affordable Care Act subsidies.

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Employers can expect higher healthcare costs in 2023

Pacific Prime

It’s looking like healthcare costs will skyrocket in the employer market in 2023. But what exactly does this mean for you as an employer? To put it simply, premiums could increase much more than usual. Consequently, employers will have to decide whether they’ll spend even more on their employees’ healthcare. But with the ongoing ‘Great. The post Employers can expect higher healthcare costs in 2023 appeared first on Pacific Prime's Blog.

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9 Unusual Signs of Executive Burnout

HR Digest

Ever heard of burnout before? How about executive burnout ? These two terms sound alike, but the latter is an extreme measure. According to a Deloitte survey, around 70% of executives are considering leaving their jobs for workplace that care more for their employees’ wellbeing. It’s really easy to blow off signs of executive burnout, especially in today’s culture where workaholics are rewarded on social media.

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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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What Is The Work Of A Mechanical Engineer In An Oil Refinery?

Professionals Alternative

What Is The Work Of A Mechanical Engineer In An Oil Refinery? If you are looking for a job in the oil industry and specifically a job at an oil refinery, then you might find the job of ‘mechanical engineer’ and wonder what that is all about. Well, a mechanical engineer’s job is to design the equipment that removes the gas and oil from the ground. But the job doesn’t stop there, because once the oil and gas are extracted, the engineer then goes back and figures out ways to make the process faster

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BerniePortal September Product Updates

BerniePortal

At BerniePortal, we are constantly improving our software to fit your HR needs. To keep you in the know, we dish up the latest Bernie Scoop each month—no matter how big or small the update. Here are the two BerniePortal product updates released this month that will help streamline your organization’s HR functions.

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Thoughts on Safety from the News.

Florida Workers' Comp

We pause and think about safety periodically. There is a vast assortment of challenges out there in the world that may result in an accident. Workers' compensation is built for such instances and remains focused on safety after about 100 years (in some jurisdictions a bit more, in others a bit less). The thing about workplace accidents is that none should be ignored.

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How to Gracefully Withdraw a Resignation?

HR Digest

Are you thinking of withdrawing your resignation? You’ve come to the right place. You’ve got your resignation letter , you’ve sent it to your boss and HR, and now you’re waiting for the axe to fall. But what if you change your mind? How should you withdraw a resignation without causing derision? You’ve already found a new job and all of a sudden something feels weird.

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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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Tips for improving the hiring process in a company

Hppy

When it comes to recruiting, every company has its hiring process. Business leaders must always be on the lookout for fresh talent, and this procedure is more nuanced than just scanning applications and doing the interview process itself. Defects when you want to hire, such as a badly written job advert or a lack of response to a survey, might discourage a competent person from applying.

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10 Wellness Initiatives for the Workplace — and Ways to Get Started

BetterUp

Ping-pong tables and gym memberships are cool, but they mean nothing if you only provide them to check a box — or in lieu of investments in wellbeing.

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Quiet Quitting

Florida Workers' Comp

Social media came alive recently with a discussion of the concept of quiet quitting. For those of you unfamiliar with the topic, it is a process of withdrawal, resignation, and acquiescence. It is an approach to employment said to be popular with the younger generations. They are in search, they say, of work-life balance. They perceive the world in which they "work to live," rather than "live to work," to take a page from Noel Gallagher.

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Colorado Continues to Whittle Away at Non-Compete Agreements

McDermott Will & Emery Employee Benefits

Effective August 10, 2022, Colorado’s laws governing restrictive covenants were amended to provide additional limitations and hurdles for employers who seek non-compete and non-solicit agreements with their employees, including compensation thresholds and notice requirements. The new law also sets forth steep penalties for any violations. This article provides the details of these new restrictions.

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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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Employee resource groups — where to get started

Business Management Daily

Employers are always looking for ways to improve workplace inclusivity and employee engagement. One diversity & inclusion tool that is often overlooked is employee resource groups. Creating employee resource groups within your organization is a great way to provide a forum for employees from different backgrounds or experiences to discuss issues that affect them within the workplace or in their careers.

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NC Court Affirms Death Benefits Award Under State’s “Found Dead” Presumption

The Workcomp Writer

The Court of Appeals of North Carolina, construing the state’s version of the “found dead” rule, affirmed a decision by the state’s Industrial Commission that awarded death benefits to the dependents of a dump truck driver who died in an accident on a steep roadway [ Frye v. Hamrock, LLC , 2022-NCCOA-623, 2022 N.C. App. LEXIS 645 (Sept. 20, 2022). Finding that the Commission had correctly utilized the Pickrell presumption—the court agreed that since the circumstances bearing on work-relatedness

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Life Expectancy and Risks

Florida Workers' Comp

Life is unpredictable at best, periodically shocking. I received an email Friday advising of a death in the periphery of my circle. It was perceived as notable enough that the first email was followed by texts and other emails. The immediate reaction, as in similar circumstances, is always to question age. As I chronologically progress, I have been persistent in my perception that only old people die.

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What You Need to Know About a Qualifying Life Event

Patriot Software

Employees have a window of time each year to sign up for certain types of employer-sponsored insurance. Although this open enrollment period takes place at the end of each year for all employees, an employee can add or remove coverage at any time of the year if they have a qualifying life event. What is […] READ MORE.

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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.