Sat.Jun 04, 2022 - Fri.Jun 10, 2022

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6 steps to designing a great employee benefits program

Achievers

What do you think of when employee benefits are mentioned? Traditional offerings like health insurance and retirement plans are likely the first things that come to mind. Organizations often fail to go beyond these standard benefits, and if they do, it’s with a few additions that are selected without much thought and seldom improved. Today’s workforce is experiencing a new level of empowerment, and that comes with high expectations potential employers need to meet.

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Designing a Compliant Paid Time Off Program (On-Demand Webinar)

Griffin Benefits

Designing a compliant Paid Time Off (PTO) program is a delicate balance between meeting the evolving needs of your employees and the growing legal requirements set forth at state and local levels. Case in point - mandatory paid sick leave. Laws requiring paid sick leave have grown exponentially during the past eight years. And because paid sick leave laws are based on where an employee works, not on where they get their work assignments, multi-site employers and those with remote workforces are

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CalSavers & Your Small Business: You May Be Required to Offer a Retirement Program

Patriot Software

In 2019, the state of California put in place the CalSavers Retirement Savings Program, with the goal of enabling California residents to save for retirement. Now, California’s June 30th Calsavers deadline for employers with five or more employees is looming closer. Right now, almost half of all private-sector employees in the U.S. are employed by […] READ MORE.

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Ten Tips for Tax Withholding on Multiple Income Streams

Money Talk

It is not uncommon for American taxpayers of all ages to have multiple streams of income. Young adults working in the gig economy may have income from a variety of consulting contracts or from a full-time job and “side hustles.” Many older adults also have multiple income sources including Social Security, a pension, full-or part-time work or self-employment, withdrawals from retirement savings (including taxable required minimum distributions or RMDs), and interest, dividends, and capital gains

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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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4 DEIB writing style guides for employee communications during Pride Month and beyond

Achievers

Diversity, equity, inclusion, and belonging (DEIB) are a bedrock at Achievers. We are always striving to create a workplace where everyone belongs, and help other organizations foster a culture of belonging for their employees. This is such an important way to Change the Way the World Works together. When we write, we take direction from those leading the way in the 2SLGBTQIA+ community on educating society about inclusive terminology.

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IRS Unveils New Pre-Examination Compliance Pilot Program for Retirement Plans

Proskauer's Employee Benefits & Executive Compensa

Ever wished you could predict the future? Or at the very least, predict the timing of a retirement plan audit? Well, you may be in luck on your second wish. Last Friday, the IRS Employee Plans division announced a new pilot program whereby it will notify retirement plan sponsors 90 days in advance that their plan has been selected for upcoming examination.

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Is Toxic Productivity Burning You Out ?

HR Digest

Toxic productivity is a problem that many people in the workplace struggle with. This is when you spend all of your time working but not getting anything done. This can happen for several reasons, but one of the main causes is being too focused on short-term goals instead of taking a step back and looking at the big picture. If you find yourself feeling like this is happening to you, it’s important to take some time and figure out how to manage it so that you can get more done in less time

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Benefits Of Talent Management System

Qandle

Talent management i s considered to be pivotal when formulating any business strategy. It helps to manage the most crucial asset of the company that is the employees and the employer of the company. It happens to be the best practice of the organization to provide the companies with a competitive edge that helps the company to remain progressive and at the same time, sustain the volatile market.

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Employee Handbook: What, When, and Everything Around It

Vantage Circle

Starting a new job can be daunting for an employee. Along with a slew of new roles and responsibilities, they are expected to become acquainted with the company's culture, mission, and values. That is why it is critical to have a comprehensive employee handbook that can be used as a roadmap to navigate your company's culture. But first: What is 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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Shriners Children’s, AssuredPartners, Collaborate to Expand Access to High-Quality Pediatric Orthopedics

AssuredPartners

National Broker Designates International Healthcare System as a Pediatric Orthopedic Partner. Lake Mary, Florida (June 9, 2022) – Shriners Children’s has been designated a "center of excellence" for pediatric orthopedics by AssuredPartners, which provides health insurance benefits to people throughout the United States. Eligible members of AssuredPartners health plans now have in-network access to Shriners Children’s pediatric healthcare system, which includes locations through

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Why is Employee Engagement so Important in a Thriving Business?

Sodexo Engage

Summary: The impact of low employee engagement. How can you improve employee engagement? Ready to boost employee engagement? Why is Employee Engagement so Important in a Thriving Business? Take a moment to think about your organisation’s financial objectives and how you’re going to go about achieving them. What’s it going to take? Hiring the right people; retaining your best talent; boosting productivity?

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10 Best Recruitment Podcasts You Need To Listen To In 2022

HR Lineup

Recruitment can be challenging, and as a recruiter, it is essential that you stay abreast with developing trends to learn the best approach to it. Besides online content inspired by top HR tech influencers, you should consider listening to recruitment podcasts. The best element about podcasts is that you can listen to them anywhere and understand content as received.

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7 Strategies for Boosting HR’s Time Management | BerniePortal

BerniePortal

Time management is a crucial aspect of finding success as an HR professional. You must manage many tasks and stressful decisions each day that can weigh on you both physically and mentally. Discerning the best course of action for dealing with these timely decisions is necessary if you seek to grow in your career. Here we have cultivated a list of 7 essential strategies that can help you maintain productivity, manage your time effectively, and boost your HR career.

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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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SCA Fringe Rate Increases vs Medical Inflation Contractor Dilemma

AssuredPartners

Service Contract Act (SCA) regulations were introduced in 1965 to reflect wages and benefit costs for services in a geographic area. The health and welfare “fringe rates” are reviewed by the Department of Labor each summer. Between 2018-2021 fringe rates have not increased at the same rate as medical inflation. Starting in 2018 the rate increased 1.59 percent, 2019 showed a 1.34 percent increase, and in 2020 “no fringe rate increase.

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How to Become an Effective Diversity-Focused Recruiting Leader?

Vantage Circle

If you're a talent acquisition recruiter, you may be well aware of the issues related to diversity. It's the main center of attention these days - and for a good cause. It takes a huge effort to bring an inclusive and diversified environment to the company. But many organizations are lacking in this area of smart talent acquisition. They can't onboard candidates from different ethnicities, beliefs, cultures, and races for some reason.

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United States Business Compliance Trends

Global People Strategist

Due to COVID-19, companies had to devise creative ways to survive as nationwide lockdowns were implemented and employees had to work remotely. While things seem to be improving and offices are opening, uncertainty lingers on as business owners and conglomerates fear another wave. Business owners now realize that business operations are always at risk of getting hit by external factors.

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Weekdays with Bernie 2022: Everything Attendees Need to Know

BerniePortal

BerniePortal’s 5th annual user’s conference is quickly approaching. From speakers to schedules and more, read on to learn everything you need to know about Weekdays with Bernie 2022.

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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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FAR Violations and Insurance Exclusions

AssuredPartners

There is a common misconception among aircraft owners that in the event of an accident, insurance companies can deny a claim if there was a violation of any of the Federal Air Regulations (FAR’s). While this is not true, one should be aware there are some instances when violation of an FAR related to an accident can be grounds for a claim denial by the insurer.

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9 Charity At Work Ideas For Organizational Success

Vantage Circle

Giving back to society is a collective responsibility, not just an individual one. Doing charity at work is unlikely to be at the top of any company's priority list, but in this article, you'll learn why it's a good idea to get started as soon as possible. Charity at work may appear to be an impossible dream, but your organization can create a CSR program that will benefit you greatly with compassion, respect, and careful planning.

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The Perfect Storm Facing Canada’s Rapidly Aging Population: An Interview with Bonnie-Jeanne MacDonald, Ph.D.

International Foundation of Employee Benefit Plans

In an interview in the March/April issue of Plans & Trusts, actuary Bonnie-Jeanne MacDonald, Ph.D., FCIA, FSA, called for new policies and practices to address the multiple challenges and opportunities. Read more > The post The Perfect Storm Facing Canada’s Rapidly Aging Population: An Interview with Bonnie-Jeanne MacDonald, Ph.D. appeared first on Word on Benefits.

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DOL Issues FMLA Guidance on Mental Health | BerniePortal

BerniePortal

Mental health is an ongoing concern among employees in the modern workforce. For this reason, the DOL released Fact Sheet #28O and an FAQ during Mental Health Awareness month. Here is a breakdown of the release and everything you should know to ensure you are compliant with the mental health leave policies as laid out by FMLA.

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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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Understanding Intrinsic and Extrinsic Motivation

HR Lineup

Employers need to understand the drive behind their employees’ good performance and retention. It is essential that you keep motivating your workers to perform outstandingly at work and enjoy their duties. You can easily accomplish this by practicing two types of motivation: intrinsic and extrinsic. Understanding these types of motivation is helpful in performance management.

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Been Robbed?

Florida Workers' Comp

The DailyDot recently reported regarding a Tik Tok video about the lunch hour. It illustrated for me the way that our world is changing and reminded that people can have very different perspectives on things. The worker who made the video "was told work was 9 to 5," but was "unpleasantly surprised to learn that many modern jobs. (are) 8 to 5. (with) an unpaid hour-long lunch break." she was non-plussed by the revelation, and thus the video claiming the lunch hour is "a scam" and "sneaky.

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Meeting the Benefit Needs of Your LGBTQ+ Plan Members

International Foundation of Employee Benefit Plans

June is LGBTQ+ Pride Month in Canada and the U.S., a celebration of lesbian, gay, bisexual, transgender and queer people and their history, culture and contributions. To honor this month, Read more > The post Meeting the Benefit Needs of Your LGBTQ+ Plan Members appeared first on Word on Benefits.

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Guide to tax withholdings for stipends and fringe benefits | PeopleKeep

PeopleKeep

With a tight labor market caused by a record number of resignations and job openings, employers need to go above and beyond to attract and retain top talent. Offering competitive employee benefits packages is a great way to attract and retain your employees, with many employers looking to employee stipends and fringe benefits. But, as with any employee benefit , you need to know how to manage these perks, including understanding their taxability.

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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.