International Foundation of Employee Benefit Plans
MAY 10, 2022
Student loan debt rises in the U.S. each year, and the total reached $1.73 trillion most recently. With young adults joining the workforce having borrowed an average of $30,000 to. Read more > The post Student Loan Repayment Options: The Key to Attracting and Retaining Employees appeared first on Word on Benefits.
PeopleKeep
MAY 11, 2022
Health insurance can be confusing and challenging for both employers and employees. If you feel stuck in your current health plan, you may be asking yourself, “Can I change my health insurance plan mid-year?”. The good news is that you’re not locked into your health insurance plan forever. However, there are rules for mid-year changes that are vastly different based on if you’re an employer or an employee.
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BetterUp
MAY 13, 2022
Jump to section. Goals: what are they, and what aren’t they? Why should you set goals for yourself and your team? How to set realistic goals at work and in life. 10 tips to achieve your goals. Ready to set life goals and achieve them? Section 6.
Best Money Moves
MAY 10, 2022
5 benefits for employers to retain and attract top talent. High turnover creates an expensive problem for employers and stressful environment for employees. Retain and attract top talent with these 5 standout benefits. The cost of replacing an employee can range anywhere from six to nine months’ salary, according to data from SHRM. If your team is worried about the cost of losing talent, it could be time to reevaluate your benefits strategy.
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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.
International Foundation of Employee Benefit Plans
MAY 13, 2022
In early April, the International Foundation hosted the webcast Innovation and the Future of Remote/Hybrid Work. We were lucky enough to bring in Alex Willis, chief executive officer at Leadership. Read more > The post The Next Big Thing: How Employers Can Prepare appeared first on Word on Benefits.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
BerniePortal
MAY 12, 2022
The IRS has announced updated HSA contribution limits for the 2023 year, which represent a significant increase compared to recent annual increases. This jump creates opportunities for employers to reconsider their contribution amounts and remind employees to contribute as they plan for the enrollment process. Read on to learn more about these updates and how you can use them to best prepare for your next open enrollment period.
Workplace Insight
MAY 10, 2022
The UK Green Building Council (UKGBC) has launched a new framework to help organisations and planners to recognise the significant value and benefit of nature-based solutions across urban developments. The report claims to reveal the scale of positive outcomes which Nature-Based Solutions (NBS) can deliver, as well as the wide range of stakeholders who can benefit from their implementation across cities and urban areas.
Pacific Prime
MAY 11, 2022
The way in which we work has changed drastically in recent years, and mental health is no longer the taboo subject it once was. Employees expect their employers to care about their psychological health – and to show it through employee benefits offerings and more. Employers realize that they need to up their mental health. The post Why CEOs need to be compassionate leaders (and how) appeared first on Pacific Prime's Blog.
Vantage Circle
MAY 11, 2022
Today's workplaces are full of distractions. From pinging computers to casual conversations, disruptions are an everyday part of our offices, making concentration difficult. This leads to a decrease in productivity. But did you know that music can be amazing for dealing with these everyday distractions? Music has the power not just to affect our emotions but also to work.
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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
AssuredPartners
MAY 9, 2022
On April 20, 2022, the FBI’s Cyber Division released a Private Industry Notification (PIN) altering Food and Agriculture sectors that ransomware actors may be more likely to attack agricultural cooperatives during critical planting and harvest seasons. As discussed in our last vertical blog , the ag industry is increasingly becoming a target for cybercrime.
Workplace Insight
MAY 11, 2022
Getting all hot under the collar about brushed chrome door furniture is an understandable but classic displacement activity when much of your work is messy, unglamorous and even occasionally dangerous. You work alongside designers and architects and look longingly at their apparent casual trendiness and clean lines, marvelling at the quality of the beech from sustainably managed European forestries (kiln dried to 10-12 per cent moisture content) with which they have specified the side tables in
InterWest Insurance Services
MAY 12, 2022
The IRS has announced significantly higher health savings account contribution limits for 2023, with the amount increasing more than 5% for individual HSA plans. The new limits were announced in conjunction with other changes, such as increases in the minimum deductibles and maximum out-of-pocket expenses for high-deductible health plans (HDHPs). The IRS also announced rises in the maximum contribution amounts to excepted-benefit health reimbursement arrangements (HRAs).
PeopleKeep
MAY 11, 2022
Providing your employees with a comprehensive employee benefits package is essential for attracting and retaining workers. With a tight labor market, organizations have to go the extra mile to hire the top talent they seek. Employee benefits and perks are the best ways to support your current employees while making your organization stand out to job candidates.
Advertiser: Paycor
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.
AssuredPartners
MAY 8, 2022
Iowa Third Party Administrator Joins National Broker. LAKE MARY, FL – May 9, 2022 – AssuredPartners, Inc. is proud to announce that Midwest Group Benefits, Inc. (Midwest Group Benefits) of Decorah, Iowa has joined AssuredPartners. The team of 10 will remain under the operational leadership of Sara Hotvedt. The agency currently reports $1.1 million in annualized revenues.
Workplace Insight
MAY 11, 2022
The current obsession with engagement and motivation is evident every time you read the business media these days. This is understandable in many ways, not least because it seems true that firms and employees are often working in an atmosphere of mistrust. But one thing that is often noticeable when a profession such as HR gets itself into a debate of this nature is the gap that can exist between practitioners and everybody else offering a view.
BerniePortal
MAY 13, 2022
For small businesses, payroll can seem daunting…but it is doable. Of course, you know that—due to tax obligations and employment law compliance —employers cannot simply hand out cash or write checks on payday. Running payroll is an ongoing process you must manage carefully from the moment your first employee is hired. Here’s what you need to know about running payroll, including how to set it up from the beginning and what your options are.
PeopleKeep
MAY 13, 2022
When you think about what keeps the U.S. economy moving forward, you might first think of the big corporations and their multibillion-dollar efforts in business. However, in reality, small and medium-sized businesses (SMBs) are the true driving force behind the U.S. economy. Oberlo reports over 32.5 million SMBs exist in the U.S., which account for 99.9% of all U.S. businesses.
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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?
InterWest Insurance Services
MAY 12, 2022
As we get closer to another scorching California summer, Cal/OSHA is reminding employers with outdoor workers to take precautions to protect them against the heat. California employers need to be especially mindful as Cal/OSHA has workplace safety regulations governing the prevention of heat illness and the agency actively enforces its heat illness prevention standard.
Workplace Insight
MAY 10, 2022
Slack has released the results of a new poll which the firm claims reveals the current state of mental wellbeing among UK workers. Commissioned in partnership with NHS GP and TV Doctor, Dr Sara Kayat , and to mark Mental Health Awareness Week , the survey sets out to examines the impact of the office on wellbeing, the effects of the return to the office after the pandemic and indicates how businesses can build healthier workplaces.
BerniePortal
MAY 10, 2022
While more and more small to midsize businesses are trying to move away from the annual performance review, most are still struggling to find a better way. So, what’s wrong with the annual review, and what should replace it? Here’s what you need to know about continuous performance management , including how to implement weekly 1:1 meetings.
Florida Workers' Comp
MAY 12, 2022
The 2022 Annual Issues Symposium presented by the National Council in Compensation Insurance was an enlightening experience. As per usual, there were a variety of statistics, measures, and data. Say what you want about this industry, but do not ever forget that it is data-driven and the volume of data seems to increase each year. However, perhaps the most valuable presentation was an interview by Bill Donnell, president and CEO of NCCI.
Advertiser: Barley
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.
BetterUp
MAY 10, 2022
Jump to section. What is the importance of storytelling? How to tell a good story. 4 extra tips for introverts (and extroverts, too). How can storytelling help you at work? 4 examples of how to tell good stories. Gather around the campfire.
Workplace Insight
MAY 9, 2022
Six South of England and South Wales workplaces have been recognised at the annual British Council for Offices’ (BCO) Regional Awards. The South of England and South Wales Awards Dinner returned in-person at We the Curious at Bristol Harbourside, recognising the highest quality developments in the South of England and South Wales and setting the standard for excellence in the office sector across the UK.
Insperity
MAY 10, 2022
Every time your team grows, you’re changing its culture. For this reason and many others, growth is not only exciting – but also challenging. The operational demands of an expanding organization are already difficult; add in a growing team of people, and that makes a leader’s job even more complex. Here, we’re going to dive into the unique challenges involved in leading well while scaling up.
Florida Workers' Comp
MAY 10, 2022
The Kansas City Star reported a workplace fatality in a community close to Detroit, Michigan. Certainly, such an event is newsworthy in a general sense, but is perhaps of additional interest to those in the workers' compensation community. We strive for workplace safety, and at times struggle. Despite the ongoing threat of workplace death, safety has improved markedly in that regard.
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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.
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