Sat.Oct 14, 2023 - Fri.Oct 20, 2023

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10 Best Benefits Administration Software in 2023

HR Lineup

Benefits administration is a critical component of human resources management, and it plays a significant role in ensuring that employees receive the compensation and benefits they deserve. With the advancement of technology, benefits administration software has become an essential tool for businesses of all sizes to streamline their HR processes. In 2023, there are numerous benefits administration software options available, each with its unique features and advantages.

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How to conduct a pensions buy-in

Employee Benefits

A buy-in is a contract between a defined benefit pension scheme and an employer that removes longevity, market, interest and inflation risks. The parties involved include a sponsoring employer, a scheme trustee, advisers to the trustees and the insurer. If it looks like funding levels are affordable for the scheme against current expected bulk annuity pricing , trustees appoint a consultant to approach the market and insurers.

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Closing The Gender Pay Gap: Claudia Goldin’s Nobel Win & Strategies For Employers

Wellable

Claudia Goldin won the Nobel Prize for her gender pay gap studies. Despite progress, the wage gap persists. Explore how employers can help bridge the divide. The post Closing The Gender Pay Gap: Claudia Goldin’s Nobel Win & Strategies For Employers appeared first on Wellable.

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5 benefit challenges to tackle this open enrollment

Employee Benefit News

From cost savings to communications, new research spotlights benefits leaders' biggest head-scratchers.

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2024 Payroll Calendar Templates

These calendars provide pay period dates and paydays for biweekly, semi-monthly, and monthly payroll in 2024. Use them as a reminder or share with employees so they can celebrate payday.

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Pet Perks: Why It’s Paws Up For This Hot Benefits Trend

TalentCulture - Employee Benefits

In the wake of the Covid pandemic, employee benefits have experienced a significant transformation. Increasingly, employers are focusing on benefits that enhance individual wellbeing and are easy to customize. Also, as budgets tighten, affordability is becoming a key factor. This is why pet perks continue to gain popularity. How exactly are pet-friendly solutions adding value […] The post Pet Perks: Why It’s Paws Up For This Hot Benefits Trend appeared first on TalentCulture.

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How to improve employee engagement: 10 actionable strategies

Achievers

Employee engagement continues to be paramount. As organizations continue to adapt to the new normal, they’re finding that one thing remains the same: exceptional talent leads to exceptional results. But attracting and keeping that talent is far from simple, as each employee brings unique aspirations and goals to the workplace. What motivates one team member may fall flat with another.

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The 4 Key Elements of An Effective Recruiting Strategy

HR Bartender

Estimated reading time: 3 minutes When we’re creating our recruiting strategy, we have to decide how we will bring people into the organization. I’m not talking about sourcing. I’m talking about when there’s an open job, we have to decide if we will fill it from within, hire someone from the outside, or maybe even outsource the work to a consultant.

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OCSS Releases Revised IWO and Instructions

PayrollOrg

The Office of Child Support Services (OCSS) released a revised income withholding order for support form (IWO) and its instructions with no substantial changes.

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Bold Founder Caleb Parker to launch space-as-a-service Brave Corporation

Workplace Insight

Caleb Parker, the high profile Founder of Bold has announced the launch of Brave Corporation, a “next generation” real estate company that aims to “bridge the gap between office supply and demand to mitigate the rise of stranded assets amongst the world’s largest asset class” Brave Corporation will work with investors to “reposition buildings to meet ESG standards and dynamic customer demand” before they risk becoming “stranded” The company says it

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5 Trends to Help Your Organization Boost Job Satisfaction and Productivity

Treating your workforce as the organization’s top priority improves customer satisfaction and revenue growth and can boost job satisfaction and productivity. Read about five trends that are helping organizations around the country improve their people’s career well-being.

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Manager effectiveness: Empowering people leaders in the new world of work

Achievers

Manager effectiveness is crucial for driving business results, from engagement and belonging to productivity and retention. We know it’s top of mind for most HR leaders, but what does it take to really move the needle and increase the number of effective managers at an organization — and what are the outcomes? Dr. Natalie Baumgartner, Chief Workforce Scientist at Achievers recently joined Marcel Schwantes , host of Love in Action Podcast, for an in-depth discussion on how to improve manager effe

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Xtrac launches electric vehicle salary sacrifice scheme

Employee Benefits

Credit: Just Jus / Shutterstock.com Xtrac, a supplier of high-performance transmissions for motorsport and high-performance automotive applications, has expanded its range of employee benefits by introducing an electric vehicle salary sacrifice scheme. The Thatcham head-quartered business decided to implement the scheme to encourage its more than 440 permanent part- and full-time UK staff to transition to electric cars and help reduce their carbon footprint, while also rewarding and retaining th

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PayrollOrg Comments on IRS Employment Tax Forms

PayrollOrg

PayrollOrg’s Government Relations Task Force commented on the IRS’s information collection notice on federal employment tax forms in September.

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Hybrid working: the importance of having the right strategy

Workplace Insight

Hybrid working changes everything it seems. To make it work successfully we need changes in the way people need to be managed, trained and inducted. It changes the needs for communication and social connectivity, goal setting and connection to vision. It requires greater clarity on what is acceptable and what isn’t. Employees must take on new grown-up obligations and organisations are required to ‘trust’ and employees to be ‘trustworthy’.

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Fertility Benefits for Every Age: A HR Roadmap from Gen Z to Baby Boomers

Speaker: Lauri Armstrong, SHRM-SCP - Sr. Director, People Operations at Carrot Fertility

Today’s workforce includes multiple generations of employees all looking for something different from their benefits package. While meeting these disparate needs can be challenging, a comprehensive fertility benefit can support everyone from junior staffers learning about their fertility health to senior leadership managing menopause and low testosterone symptoms.

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How to Introduce Yourself in an Interview

BetterUp

Learning how to introduce yourself in an interview is about balancing personality and professionalism. Here are six tips for a winning introduction.

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65% of UK staff would take pay cut for better job

Employee Benefits

Two-thirds (65%) of UK employees would be prepared to take a pay cut for a better job, according to research by Indeed. The global hiring platform’s Better work 2023 report, which surveyed more than 5,000 workers, also found that the mean pay cut respondents would be willing to take is 9.2%, which equates to £3,036 less per annum based on an average salary of £33,000.

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Say Yes to HR Generalists—They Keep Companies Afloat

HR Digest

Human resources cover a vast assortment of responsibilities, and while sometimes you need an expert, other times you need someone who can do it all—that’s where an HR generalist comes in. According to Zippia , the technology industry is the highest-paying employer for HR generalists , but their services are an essential component of every company and field.

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Real estate tech strategies advance AI, workplace and sustainability

Workplace Insight

Commercial real estate occupiers are willing to put their money where the tech is, according to new polling from JLL’s 2023 Global Real Estate Technology Survey. Ninety-one percent of occupier respondents are willing to pay a premium for tech-enabled space as they look to technology for strategic value and increased revenue. In fact, real estate tech budgets are set to grow faster than investments in?

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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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Choosing telemedicine versus urgent care versus the ER

WEX Inc.

Should I go to urgent care or the Emergency Room? Is urgent care cheaper than the ER? What does urgent care treat? What is telemedicine and when is it the best option? These are just a handful of common questions associated with health concerns and where to go for treatment. While the severity of one's condition is the most important factor in choosing healthcare, other variables such as cost, convenience and whether a facility accepts insurance also play a role.

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Lovewell’s logic: Supporting domestic abuse survivors

Employee Benefits

One in five people over the age of 16 have experienced domestic abuse of some kind, according to figures published by the Office for National Statistics in November 2022. This means that in any workplace, or indeed, within the majority of teams, statistically, you may well know someone who is experiencing, or has experienced, domestic abuse. These figures are alarmingly high, yet it can be extremely difficult to spot individuals who are victims of abuse.

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12 Best Recruiting Automation Software in 2023

HR Lineup

In the dynamic landscape of recruitment, organizations are constantly seeking ways to streamline and improve their hiring processes. Recruiting automation software has emerged as a game-changer, allowing HR professionals to save time, reduce manual tasks, and make data-driven hiring decisions. As we step into 2023, we will explore the 12 best recruiting automation software platforms that are making waves in the industry.

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Projects from Portugal, Belgium and France winners of the 2023 ULI Europe Awards for Excellence   

Workplace Insight

Three built environment projects that have, respectively, restored an historic market building in Porto, delivered 182 individual school projects in Flanders, and created a hybrid, mixed use flagship development in Paris, have been announced as winners in the 2023 Urban Land Institute (ULI) Europe Awards for Excellence. The awards set out to recognise outstanding built environment projects in the private, public, and non-profit sectors, celebrating excellence in land use practice across the enti

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DOL Final Overtime Rules: Quickstart Guide for Employers

On August 30, 2023, the DOL unveiled a proposed overtime rule that would raise the weekly salary threshold under the Federal Labor Standards Act. Paycor is closely monitoring the proposal and will provide updates as new information becomes available.

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How You Can Apply Flexible Benefits with Insurtech

Pacific Prime

Flexible benefits is a growing trend in the insurance industry. But with everyone having their own unique concerns and needs, implementing flexible benefits can be hard. With the help of insurtech, you can implement and manage individual benefits with ease! In this Pacific Prime article, we look at the benefits of implementing flexible benefits at. The post How You Can Apply Flexible Benefits with Insurtech appeared first on Pacific Prime's Blog.

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Matches names new chief people officer

Employee Benefits

Fashion retailer Matches has appointed Clare Bishop chief people officer. With more than 17 years of experience in senior roles across human resources, Bishop has experience in high-growth organisations. She joins Matches from Greystar International, where she held the role of managing director, people, Europe. Prior to this, Bishop worked for organisations such as Warner Brothers, Addison Lee and Asos, where she worked as a commercial and creative people director with a demonstrated history of

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How HR can give your company’s employee retention strategy a boost

Insperity

It’s the question employers are constantly asking: How do I get my employees to stay for the long term ? Employee retention is one of the top concerns for companies right now, driven by three primary factors: A highly competitive labor market An uncertain economy marked by sky-high inflation that has nervous employees looking elsewhere for better pay and benefits and greater job security Lingering impacts from the COVID-19 pandemic, such as employees simply seeking a change in role or industry,

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Many people would take a pay cut for more flexible working and shorter hours

Workplace Insight

Two thirds of British workers would be prepared to take a pay cut for an overall better job according to a poll from the hiring platform Indeed. A survey of over 5,000 workers for its Better Work 2023 report found a desire for greater flexibility and less time at work is driving this trend, with a four-day work week (28 percent), a better work life balance (25 percent) and more flexible working opportunities (17 percent) the most likely factors to encourage Brits to take a pay cut.

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Specialty Drug Interest Is Skyrocketing – Can Your Pharmacy Benefits Keep Up?

New approvals for weight loss drugs, gene therapies, and biosimilars are on the minds of employers. However, 48% of employers still need a strategy to manage their use and costs. Find out how other organizations are preparing their specialty drug benefits for the future.