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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Using an HSA to Save for Health Care in Retirement

Saving for retirement is no easy task, and as an employer we know you want to help your employees get what they need out of their retirement benefits. With a health savings account (HSA), you can relieve the burden of health care costs for both you and your employees. With our new report, “Using an HSA to Save for Health Care in Retirement,” you can get insights on the costs of a modern retirement and dive into the details of the triple-tax benefits HSAs offer.

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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.

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Bring financial wellness benefits to the whole family

Employee Benefit News

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Creating a Company Culture of Care: Integrating Mental Health, Wellbeing, and DEI in Benefits

Speaker: Sean Raible

Picture a workplace where physiological safety is not just an aim but a reality, driven by thoughtful employee benefits that prioritize mental health, wellbeing, and DEI. 🤔 ✨ Achieving this vision requires more than just occasional training sessions and employee assistance programs. Moving beyond the basics, this vision calls for a holistic approach that integrates these elements into your company culture as well as your HR and benefits strategy.

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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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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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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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10 Strategies to Build Team Morale in the Workplace

Vantage Circle

Are you struggling to keep your employees motivated and engaged in the workplace? Are you facing high levels of absenteeism, poor performance, or high turnover rates? These are all signs of low employee morale, which can be detrimental to your organization's success. The good news is that building and maintaining high employee morale is possible with the right strategies in place.

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New DOL Final Overtime Rules: Quickstart Guide for Employers

There’s a new overtime salary threshold that will impact employers across the country. If you have an employee making less than $43,888 on July 1 or less than $58,656 on January 1, you’re going to have to start paying overtime. Download Paycor’s guide to learn: Which groups of employees are affected? How should you classify employees? Best ways to mitigate risk.

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Recognizing the Telltale Signs Your Job is Affecting Your Mental Health

HR Digest

Your job can have a big impact on your mental health. If you’re feeling stressed, anxious, or depressed, it could be due to your work. There are a number of signs that your job is affecting your mental health. If you’re experiencing any of these signs, it’s important to take action. In today’s fast-paced and demanding professional landscape, it’s essential to prioritize our mental well-being alongside our careers.

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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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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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Shakil Gour Is PayrollOrg’s Global Payroll Titan

PayrollOrg

Shakil Gour from Neeyamo is this year’s recipient of the Global Payroll Titan Award, presented by PayrollOrg.

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6 Strategies to Navigate Social Determinants of Health for a Better Workplace

In today’s dynamic work landscape, where the lines between personal and professional life blur, understanding the intricate interplay between social determinants of health (SDoH) and emotional wellbeing is paramount. Employers must acknowledge that the whole person comes to work and every aspect of a person’s personal and professional life, especially their mental health, comes with them.

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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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Carolyn Hayden-Garner, CPP: “In this career, you have to take care of people.”

APA Congress Today

Carolyn Hayden-Garner, CPP, was a little disappointed when she was hired at Tesla as a payroll accountant. After spending a few years as an accounting supervisor, she was worried that taking a non-supervisory role would be a setback for her career.

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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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Most people don’t worry that they are about to be replaced by artificial intelligence

Workplace Insight

Despite all of the recent debate around the rapidly increasing abilities of Artificial Intelligence (AI), a new poll from ID Crypt Global , suggests that more than 80 percent of people have no concern that the technology is going to replace them in the workplace. Thanks to the recent rise of Chat GPT and other rival chatbots, the debate around AI has heated up with people all over the world debating both the good and bad of allowing autonomous technology into our lives, homes, and workplaces.

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HR Trends to Watch in 2024 + Plus Advice for Driving Impact!

The pressure is on to create a positive onboarding experience. Plus, a sub-par onboarding process can domino into other concerns such as low performance, burnout (for you and new hires), and retention challenges. Our 2024 State of HR report will give you a realistic picture of the HR landscape and tips to onboarding effectively in the year to come.

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The Power of Departing Voices: Important Exit Interview Questions to Ask

HR Digest

Every end marks a new beginning, and when an employee bids farewell to an organization, their departure unveils a unique opportunity. An exit interview, the final rendezvous between employer and employee, holds the key to a treasure trove of valuable insights. It is a designated space for departing employees to share their experiences, express their opinions, and shed light on their journey within the company.

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Embracing Holacracy: Fostering Autonomy and Collaboration in the Workplace

Vantage Circle

Are you familiar with the management philosophy of holacracy and how it’s transforming the way organizations operate? What is holacracy? How does it distribute power and decision-making authority in a workplace? What benefits can it offer compared to traditional hierarchical structures? What are some problems and possible downsides of holacracy in the workplace, and how can organizations prepare for them?

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2024 HSA contribution limits increase to $4,150, $8,300

WEX Inc.

Key takeaways - 2024 HSA contribution limits 2024 HSA contribution limits will increase to $4,150 and $8,300 for self-only and family HSAs, respectively. 2024 HDHP minimum deductible and maximum out-of-pocket limits also are increasing. Health savings account (HSA) contribution limits are on the rise again in 2024. The IRS announced that 2024 HSA contribution limits will increase to $4,150 for self-only HSAs and to $8,300 for family HSAs.

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How To Prepare for a New Job and Make a Good Impression

BetterUp

Jump to section How to prepare the week before a new job Nail the first day at a new job How to have a successful first week Career advice for the first few months on the job Congrats on the new job

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Improving Access To & Utilization Of Cancer Screening With Color

Discover how Color's comprehensive care solution is revolutionizing cancer screening adherence and knowledge. Through an in-depth case study, Color's unique approach to comprehensive cancer care has shown significant benefits in increasing screening rates and enhancing patient knowledge. Participants reported a 2-3x increase in adherence to screening guidelines over just 8 weeks, with 84% of participants increasing their familiarity with timing and frequency of cancer screening.