Sat.Oct 22, 2022 - Fri.Oct 28, 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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“Do I Need to Pay That?” All About FUTA Tax Exemption

Patriot Software

As an employer, you’re responsible for many different payroll taxes, including FUTA tax (aka, federal unemployment tax). But in some cases, you may not be responsible for paying FUTA tax. In fact, some businesses are exempt from the tax altogether. Get to know all about FUTA tax exemption and whether or not your business has […] READ MORE.

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Determining ICHRA Affordability in 2023

PeopleKeep

If you're an applicable large employer (ALE) with more than 50 full-time equivalent employees, that means your organization is subject to more regulations than smaller businesses, especially when it comes to offering health insurance coverage. One requirement ALEs must follow is the affordability requirement that ensures your employer-sponsored coverage is affordable to your full-time employees.

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The Ultimate Performance Review Checklist

Performance reviews are a proactive way to engage with your employees, provide clear communication about expectations, and acknowledge them for their hard work. But getting the right framework and creating consistency across your organization can be tricky. We put together this checklist to help you evaluate your current performance review process and equip managers with the right tools to perform individual assessments.

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Companies with 15 or More California-based Employees Must Start Disclosing Salary Ranges in All Job Postings

McDermott Will & Emery Employee Benefits

California companies with more than 15 California-based employees will have to disclose hourly or annual salary ranges for all job postings by January 1, 2023. According to this HR Brew article, McDermott Partner Michelle Strowhiro said she recommends HR professionals review job descriptions with business leaders and legal counsel (preferably, under legal privilege).

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How to attack the root cause of a broken healthcare system

Joe Markland

The following article was published in Employee Benefit News. More than half of Americans have reported medical debt of some kind, lamenting that it affects other financial goals. As a result, many are delaying care. So it’s not surprising that employers, with the guidance and support of their benefit brokers, have been trying virtually every trick in the book to control costs — with little to no avail.

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State Court E-filing Evolving

Florida Workers' Comp

A recent story in The Florida Bar News provides some poignant reminders about the world as it is, and the challenges that some face. The system is being updated to distribute only document links instead of transmitting the actual documents as attachments. This will undoubtedly decrease the bandwidth required for the messages, and that is an important concern for the person (entity) sending the email.

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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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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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Want To Enhance Your Total Rewards To Achieve Organizational Success? Start Here.

Are you looking for ways to enhance your employee value proposition? Gallagher Better Works SM Insights has got you covered! Dive into the latest magazine issue and discover how flexibility, equity, recognition and strategically applied resources can improve your total rewards package. Download the PDF to learn more about: Building retirement benefits for a global and mobile workforce Promoting employee and organizational growth through succession planning Empowering women in leadership through

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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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BRI Honored with Two BenefitsPRO Luminaries

Benefit Resource Inc.

BRI is thrilled to have received two honors in the inaugural BenefitsPRO Luminaries in the Class of 2022, one for the company in the Humanizing Benefits category and one for Becky Seefeldt , BRI’s Vice President of Strategy, in the category of Education and Communication. Luminaries Class of 2022. This professional recognition program celebrates top benefits professionals and organizations that strive to transform and humanize the benefits business and set a bright example within the industry.

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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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Agile Organization: 5 Tactics to Help Your Business Grow

BetterUp

Agile organization. If you’re here, you’ve likely heard this term. It has floated around virtual meetings. It's been blasted from stages in conference centers and hovered in strategy meetings.

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How to Build the Ideal HR Team

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

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What is a compensation strategy?

PeopleKeep

When looking to attract and retain qualified workers, you need to evaluate how your organization approaches its compensation package and employee benefits. With a tight labor market and changing demands from job seekers and current employees, you may need to adjust your employee compensation strategy. But what is a compensation strategy, and how does it impact your organization’s recruitment and retention efforts?

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Legal & Legislative Reporter: Mental Health Parity Act Violation

International Foundation of Employee Benefit Plans

Select case summaries from the Benefits Magazine October 2022 Legal & Legislative Reporter. The post Legal & Legislative Reporter: Mental Health Parity Act Violation appeared first on Word on Benefits.

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Employees and Employers Save with Cafeteria Plans

InterWest Insurance Services

As health care costs continue rising and employees are being asked to shoulder more of the expense burden, you can help them by offering a tax-advantaged plan that allows them to save for medical expenses. These cafeteria plans, which are governed by Section 125 of the Internal Revenue Service Code, allow your employees to withhold a portion of their pre-tax salary to cover certain medical or childcare expenses.

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Science Evolving

Florida Workers' Comp

Litigation is replete with evidentiary issues. The acquisition (discovery) and submission (evidence) are among a lawyer's greatest challenges. As I teach evidence, I find that students of the law struggle mightily with the issues of relevance and hearsay, as do many lawyers. However, a more sophisticated stumbling point is the expression and foundations of expert opinions.

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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 power of management empowerment

LACE Partners

When we talk about management empowerment, what do we mean? How can management empowerment effect the employee experience? Chris and Emma Leonis-Hughes chat with Yvonne Wilcock, CEO of Empowering People Group and AdviserPlus, on what businesses can do to empower their managers. The post The power of management empowerment appeared first on LACE Partners.

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PBGC Special Financial Assistance Final Rule: Permissible Investments

International Foundation of Employee Benefit Plans

The PBGC final rule details permissible investments for SFA assets. Get key takeaways in our latest blog. The post PBGC Special Financial Assistance Final Rule: Permissible Investments appeared first on Word on Benefits.

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What Is Weaponized Incompetence?

HR Digest

TikTok’s latest buzzword “weaponized incompetence” has brought to light a toxic practice pertaining to the workplace. Weaponized incompetence can play out in friendship, parenting, and even romantic relationships. But in this article, we break down the meaning, and how to handle it, along with red flags to spot around the workplace. Here’s what you need to know first.

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Hints and Thoughts

Florida Workers' Comp

I’ve been having a great many telephone conversations recently around the central theme of professionalism. There is a sentiment that the detachment brought on by evolving technology, and accelerated by the pandemic, has led to a deterioration in interpersonal skills. Worse, there are perceptions that this deterioration is eroding professionalism in broad contexts.

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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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How to Work from Home with Kids: 12 Tips for Remote and Hybrid Work

BetterUp

Jump to section. 12 ways to make working from home with kids easier. Remember — this won’t last forever.

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Florida’s Special Firefighter Cancer Statute Cannot Be Applied Retroactively

The Workcomp Writer

Florida’s special firefighter statute, § 112.1816, Fla. Stat., which provides previously unavailable benefits—a one-time payment of $25,000, and full coverage of the firefighter’s cancer treatment—to firefighters who meet certain criteria and are diagnosed with certain cancers, is a substantive change in Florida’s law, and as such applies only prospectively from its effective date (July 1, 2019), held a state appellate court in Weaver v.

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Should HR Be Involved in Pip?

HR Digest

A performance improvement plan is more likely viewed as a “firing” scheme. But on the contrary, it is nothing of the sort. While most companies have used it in the past as an opportunity to hint at employee termination, recent observations indicate a U-turn. Until recently, a performance improvement PIP plan was considered a means to help employees improve in their various jobs.

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Five ways onboarding software can deliver a great employee experience

cipHR

Welcoming new starters is too important to leave to chance. Here’s how specialist HR software can help. Employee onboarding – the process of welcoming a new member of staff into an organisation – is a crucial, but sometimes overlooked, part of the employee experience : one that you, as an employer, only have one opportunity to get right. Fail to do so and your employer-employee relationship will likely get off on the wrong foot, perhaps irrevocably so; workers are 69% more likely to stay with a

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The Definitive Guide to Onboarding for 2024

Hiring a new employee is an expensive and time-consuming process. According to the Society for Human Resource Management (SHRM), it typically costs $4,425 to hire a new employee — not to mention the 36 days the average team spends trying to fill a position. Yet nearly 1 in 5 employees (16%) of employees quit in their first week — and 17% leave after the first month.