Sat.May 13, 2023 - Fri.May 19, 2023

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Workplace Benefits Valedictorians: What the Graduating Class of 2023 Want

International Foundation of Employee Benefit Plans

When it comes to employee benefits, tried-and-true offerings like employer-paid health insurance and matching retirement savings plan contributions have remained at the head of the class among soon-to-be U.S. and Canadian college graduates over the years. According to a survey from The […] The post Workplace Benefits Valedictorians: What the Graduating Class of 2023 Want appeared first on Word on Benefits.

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Are automatic rollovers the way of the future?

Employee Benefit News

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IRS Announces 2024 Limits for Health Savings Accounts, High-Deductible Health Plans and Excepted Benefit HRAs

McDermott Will & Emery Employee Benefits

Recently, the Internal Revenue Service (IRS) announced (See Revenue Procedure 2023-23) cost-of-living adjustments to the applicable dollar limits for health savings accounts (HSAs), high-deductible health plans (HDHPs) and excepted benefit health reimbursement arrangements (HRAs) for 2024. All of the dollar limits currently in effect for 2023 will change for 2024, with the exception of one limit. […] The post IRS Announces 2024 Limits for Health Savings Accounts, High-Deductible Health Pla

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The four best health insurance options for solo pastors

PeopleKeep

For a big church with several pastors, responsibilities are often shared. However, solo pastors at smaller churches often carry the weight of all responsibilities on their own. For that reason, it's not uncommon to see exhaustion and burnout among these religious leaders. A health benefit is necessary to care for your pastor's well-being.

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Combatting the Effects of Inflation: Keeping Benefits Competitive While Cutting Cost

Speaker: Jaye Johnson, CBP - Employee Benefits and Total Rewards Leader, World at Work Content Author, and Speaker

After years of facing the global pandemic, we are now struggling with a new problem: inflation. No one could have predicted the impact of inflation on employee benefits and how it affects both employees and employers. Employers are now trying to maintain or lower the cost of benefits while competing for talent in a competitive and tight labor market, but the rising costs of consumer goods and healthcare make it extremely difficult to consider increasing their benefit offerings.

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PUT EMPLOYEE HEALTH FIRST WITH ONLINE GP

Employee Benefits

Have you heard about Online GP? It’s our new, inclusive, and cost-effective physical wellbeing benefit making a significant impact on businesses and employees. What is Online GP? Online GP is our digital health platform that provides your employees with the right care at the right time. Whether they need to speak to a healthcare professional or have their prescription delivered to their door, Online GP provides access to appointments – 24 hours a day, 365 days a year, from anywhere in the world.

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Eliminate 3 health disparities to improve care and save money

Employee Benefit News

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Hike in workers using employee benefits’ shopping discounts

Employee Benefits

Demand for financial savings on day-to-day shopping and living expenses via employee perks and benefits continues to rise, new data analysis by provider HIVE360 has revealed. March and April user data for HIVE360’s employee benefits app Engage confirms employees are using financial benefits more, with downloads of shopping discounts for retailers including Tesco, Sainsbury’s, Asda, and Morrisons up by 10 percent month-on-month.

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A Guide to Payroll Processing in India

Qandle

If you are a business owner, HR manager, or payroll administrator in India, understanding payroll processing is essential for your business’s smooth operation. From calculating employee salaries to managing taxes and deductions, payroll processing is a critical aspect of any business. However, navigating the complex legal landscape and finding the right software solutions can be a daunting task.

Payroll 79
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Bring financial wellness benefits to the whole family

Employee Benefit News

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Unleashing AI in Recruitment: The Ultimate Guide

Discover the power of AI in recruitment with Paycor’s complete guide. Learn how to streamline your hiring process, increase interview pipeline, uncover candidates other tools miss, and save time. Get ready to revolutionize your talent acquisition strategy today!

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Three Words That Irk Me and Why

Money Talk

Unlike 99% of my Money Talk posts, this one is different. It is not specifically about a personal finance topic such as inflation, investing, or retirement planning. However, the topic (language) does have financial implications. How so? The way that people speak and present themselves in the business world and are perceived by others can affect their job opprtunities, income, and experiences as consumers.

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Democratic leadership: A management style for team success

Achievers

Human beings value freedom, especially the freedom to voice their opinions and have a real say on matters that affect their lives. This is just as true in the workplace as it is in any other part of life. Adopting a democratic leadership style at your company can be a true win-win, empowering employees with the ability to make a real impact while giving leaders the honest input and range of perspectives needed to drive organizational success.

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Tipping again

Florida Workers' Comp

There is an evolution in the working world, or at least the consumer is perceiving it. Tipping (February 2023) is seemingly on the rise. And even in environs where it is traditionally anticipated, it is possible that the ask is becoming more profound. From a perspective discussion, I have worked for tips in my day, bussing, serving, and delivering. I know the challenges well.

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Why managers think Gen Z is the toughest generation to work with

Employee Benefit News

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HR and Employee Healthcare Reform: Keys to Increasing Employee Wellness and Retention

Speaker: Mallory Herrin, CEO & Principal HR Consultant at HerrinHR

Your employees are your most valuable resource. If you want to retain employees and keep them happy, you want to make the incentives more valuable. With a full-stack employee experience, culture, health, wellness and benefits navigation solution, you can provide employees with the wellbeing support they need. The results? Employees who are happier, healthier, and more engaged, as well as a business that is thriving both internally and externally, every day.

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Code Computerlove appoints people and culture lead

Employee Benefits

Manchester-based digital product and service firm Code Computerlove has appointed Hannah Pickford (pictured) as people and culture lead. Pickford joins from social media marketing agency Social Chain, where she was happiness manager. She will focus on overseeing the firm’s overall employee experience , through onboarding, recruitment, benefits and events, and supporting learning and development.

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Handling Workplace Harassment Investigation Questions with Expertise

HR Digest

Learn how to handle workplace harassment investigation questions effectively in this comprehensive guide for HR professionals. Gain insights on conducting internal investigations, addressing employer responsibilities, and navigating common challenges. Equip yourself with the tools to promote a culture of respect and inclusivity within your organization.

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Workflow Management: Meaning, Types, Benefits & Components

HR Lineup

Workflow management is the process of streamlining business operations to achieve maximum efficiency and productivity. It involves the creation, optimization, and automation of a sequence of tasks or processes that are necessary for completing a specific business objective. Workflow management helps organizations achieve their goals by enabling them to focus on their core competencies while delegating time-consuming administrative tasks to automated systems.

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How this app is making Zoom meetings inclusive for deaf workers

Employee Benefit News

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Cancel Quiet Quitting: Detoxing Corporate Culture & Engaging Top Talent

Speaker: Jennifer Brick, Career Strategist and Author

Your employees have checked out. The last few years have been a wild ride, with countless changes to how we work and our workplace cultures, like the sudden shift to remote work, the return to office, and trends like quiet quitting. With productivity, profitability, and your employer brand on the line, leadership is turning to HR to engage employees and recreate your culture in different working models.

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How can employers support working carers through the school holidays?

Employee Benefits

Need to know: Employees are set to struggle with juggling work and childcare as the annual school summer holidays approach. Employers can help by offering flexible work arrangements, discounted leisure and dining vouchers, and signposting staff to government support. Employers that can be seen to help will benefit from more productive and motivated staff.

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Meetings are bad—should we cancel them all?

Business Management Daily

In early January, Shopify unilaterally canceled all meetings of more than two people, saving a reported 95,000 hours. As is often the case, the specifics tell a slightly different story. They announced that: Staff are required to scrap recurring meetings with more than three people in attendance. There are no meetings on Wednesdays. Any event with an invite list of over 50 people can only be held on Thursdays between 11:00 and 5:00 p.m.

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An Employer Guide to Name Changes

HR Lineup

In an evolving society where individuals are increasingly asserting their identities, name changes have become more common. Whether due to marriage, divorce, gender transition, or personal preference, employees may choose to change their names. As an employer, it is essential to create a workplace environment that supports and respects individuals’ choices and identities.

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What Is Networking and Why Is It So Important? (Plus Tips)

BetterUp

Networking usually involves meeting new people who share a profession, industry, or interests. But how do you network, and why is networking so important?

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How Can You Aggressively Manage Benefits Affordability?

Speaker: Alex Anderson - Total Rewards Strategist at Lockton Companies | Leo Tokar - President, People Solutions and Partner at Lockton Companies

Benefit cost increases regularly eclipse all other costs for organizations, yet bringing costs down is illusive. Now corporate priorities are swinging from solely a focus on talent to the need to actively manage benefit expenses, but no one wants to reduce benefits or ask employees to pay more. Join two total rewards experts, Alex Anderson and Leo Tokar, for an in-depth discussion on tactics to efficiently and effectively control and manage benefit cost.

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VinciWorks supports working parents with self-managed holiday policy

Employee Benefits

With around half its workforce made up of parents , e-learning organisation VinciWorks took the decision back in 2017 to offer employees the ability to self-manage their holiday policy, without having to formally book time off work. Josh Goodhardt, chief executive officer of VinciWorks, says: “The idea is that the more freedom we give employees, the more responsibility we can expect employees to take.

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HDHP Enrollees Less Satisfied with Their Health Plans

InterWest Insurance Services

A new study has found that people enrolled in traditional PPOs and HMOs are more satisfied with their plans than those who are enrolled in high-deductible health plans. But satisfaction greatly increases when HDHP enrollees stick with their plan for more than three years, according to the Employee Benefit Research Institute (EBRI)/Greenwald Research “Consumer Engagement in Health Care Survey.” HDHP enrollees enjoy lower up-front premium costs in exchange for higher potential out-of-p

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Hybrid working averse businesses missing out on €113 billion opportunity

Workplace Insight

European businesses continue to miss out on the full potential of hybrid working, according to a new survey from Ricoh Europe. The research, conducted by Opinium and analysed by CEBR, polled 6,000 workers and 1,500 decision makers across Europe. Business leaders say that workers are, on average, 4 percent more productive in a hybrid culture, equivalent to an additional €113 billion to the European economy compared with pre-pandemic ways of working.

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How Can Recruiters Handle Candidates Who Stutter?

HR Lineup

Recruitment is a critical process in any organization, aimed at identifying and selecting the best-suited candidates for available positions. While recruiters often focus on evaluating a candidate’s qualifications, skills, and experience, it is equally important to consider inclusivity and diversity in the hiring process. One aspect that deserves special attention is how recruiters handle candidates who stutter.

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The 5 Types of Hourly Workers: An HR Guide to Recruiting and Retention

All hourly workers want similar things, but when it comes to recruiting & retention, it helps to understand personal motivations. Download Paycor’s guide to learn how to find & keep the 5 types of hourly workers.