Patriot Software
OCTOBER 17, 2022
There’s nothing like starting your own small business. Being your own boss means you choose how to run things, and it lets you see your ideas come to life. But, you have a million and one things on your plate. You might decide to hire new employees to streamline business operations. When you become an […] READ MORE.
Money Talk
OCTOBER 20, 2022
The field of behavioral finance blends economics and psychology and acknowledges that people are often irrational decision makers. Everyone has cognitive biases, which are flaws or errors in thinking that can lead to poor financial decisions. The first step to mitigating errors is to become aware of common biases to plan to proactively minimize them.
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Employee Benefit News
OCTOBER 19, 2022
International Foundation of Employee Benefit Plans
OCTOBER 20, 2022
By Brand Newland, Pharm. D., and Cal Beyer Surgeries that are unnecessarily invasive or performed under suboptimal conditions often needlessly increase health plan costs and lead to complications for patients. Read more > The post Optimizing Outcomes and Containing the Costs of Surgery appeared first on Word on Benefits.
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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
Patriot Software
OCTOBER 17, 2022
When an employee becomes unemployed, they might qualify to receive unemployment benefits. Unemployment benefits are funded by unemployment taxes, which are paid based on employee wages. But who pays unemployment tax? You or your employees? Types of unemployment taxes Before you can learn who pays unemployment taxes, you need to know about the two types […] READ MORE.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
15Five
OCTOBER 19, 2022
Objectives & Key Results (OKRs) help align and motivate teams and individuals to reach personal and professional goals. But for this popular goal-setting framework to be effective, OKRs must be well crafted. . Poorly-written OKRs can do more harm than good by being too vague, not measurable, or focused on the wrong things. To move your business forward, employees need to be inspired, challenged, and motivated to do their best work with powerful, meaningful goals.
Insperity
OCTOBER 18, 2022
Many businesses, regardless of size, type or industry, have found themselves in the trenches of today’s talent war, and the future of recruiting seems complicated and murky. Today, attracting and retaining top talent is one of the most pronounced challenges that leaders face. Why is there a talent war? Employees have a wider range of career options than they ever have before.
Business Management Daily
OCTOBER 17, 2022
We all have to contend with workplace stress, and according to the evidence — it’s at an all-time high right now. The proof? 83% of workers in the US now suffer from work-related stress, and businesses regularly lose up to $300 billion annually due to its negative effect on productivity. When stress levels become too high, it can impact an employee’s physical and mental health in several detrimental ways.
HR Digest
OCTOBER 15, 2022
Employees need some kind of validation on their performance within an organization. As a manager, you have to give constructive feedback and this is easier when you have a list of performance review examples to guide you. This can help them highlight their strengths and weaknesses which would be beneficial for the company’s productivity as well as the employee’s overall performance.
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.
Vantage Circle
OCTOBER 16, 2022
Your employees toil all year long. During Christmas, they deserve to have some fun and laughter. And what better way could there be to add those cheers in the holiday season than throwing a fabulous party for them to enjoy? Party with great food, beverages, and some awesome team-building activities. After all, team-building and engaging activities like Christmas games for the office foster a network of healthy professional relationships and encourage rekindling the existing ones.
Best Money Moves
OCTOBER 18, 2022
Addressing the employee financial literacy gap. Here’s how a lack of financial literacy can affect your employees and what you can do to help solve the problem. Only one-third of Americans have a solid understanding of interest rates, mortgage rates, and financial risk, according to the Financial Industry Regulatory Authority. This measure of financial literacy has fallen 19 percent over the past decade and is estimated to have cost Americans more than $415 billion in 2020 alone. .
Business Management Daily
OCTOBER 19, 2022
Effectively prioritizing your work tasks is important. In fact, it’s so important that one of the most common job interview questions is “how do you prioritize your work?” Most people have a generic answer prepared. But how do you actually prioritize your work and get things done once you have a job? How to prioritize work in the most effective manner will generally depend on your own preferences and workflow.
HR Digest
OCTOBER 16, 2022
Breaking the news to an employee about a contract termination is not an easy task. Although it might be appropriate if the employee in question has violated any company’s terms or laws. Either way, it might always come as a shock to an employee who did not see it coming. So it is important to manage the termination of employment carefully. And in this article, we explain the types, the meaning of termination, and a list of helpful steps to do just that.
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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.
Vantage Circle
OCTOBER 17, 2022
The word anniversary means "returning yearly" and originated from the Latin term "anniversaries." These yearly celebrations are not just meant to remember personal moments of life but also to celebrate successful years in business. Let's see what makes business anniversaries so special and worth celebrating. Why Is Business Anniversary Worth Celebrating?
Sodexo Engage
OCTOBER 18, 2022
Summary: Why we need to continue the conversation. Menopause and discrimination. The symptoms of menopause. Mental health. Physical health. How can businesses support employees through menopause? How Sodexo Engage can help you make that crucial difference. MENOPAUSE IN THE WORKPLACE: A MINDFUL AND SUPPORTIVE APPROACH. Tuesday 18th October is World Menopause Day.
Business Management Daily
OCTOBER 18, 2022
Despite what some Millennials and members of Gen Z believe, work-life balance is far from a new concept. Decades of employees have been trying to find the best ways to merge their personal and professional lives to obtain satisfaction in both spheres. Back in the 1980s when the term first gained popularity, people often envisioned good work-life balance as a scale.
BetterUp
OCTOBER 19, 2022
No matter what your job is or how long you’ve been doing it, adaptability is an important skill to have. In fact, adaptability is one of the top five skills that employers are looking for — and no wonder. If the last couple of years have taught us anything, it’s the need to be flexible and adapt to changing circumstances. It’s a core part of resilience, stress management, and career development.
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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?
Vantage Circle
OCTOBER 17, 2022
Working in human resources, people realize employees are the most valuable assets to a company. And to make them feel appreciated, the employee spotlight is a fantastic tool that fosters a positive workplace culture, increases employee retention , and nurtures value for work. This blog is an overview of all you should know about employee spotlights.
AssuredPartners
OCTOBER 16, 2022
A recent injury incident in Midland, Texas, has spotlighted a little-known hazard related to working with sodium hypochlorite, also known as, bleach. An employee, who was performing water treatment duties in conjunction with the water transfer department, violated the standard operating procedure when working with sodium hypochlorite and suffered second and third degrees burn on his backside.
Patriot Software
OCTOBER 20, 2022
Here’s a payroll question: How do you differentiate between employees and independent contractors? It all depends on the relationship between the employer and the worker. It’s important to properly classify workers, but it can be tricky. Here’s an example: Joe runs his own construction business. Joe has committed to more construction jobs than he can handle, […] READ MORE.
Proskauer's Employee Benefits & Executive Compensa
OCTOBER 17, 2022
A hotly debated (and litigated) issue for multiemployer pension plans in recent years has been the appropriate interest rate to determine a multiemployer pension plan’s liabilities when calculating the plan’s underfunding for withdrawal liability purposes. The Pension Benefit Guaranty Corporation (the “PBGC”) is now poised to end the debate. The PBGC proposes to allow multiemployer pension plans to use any interest rate for withdrawal liability calculations as long as it is not below the PBGC’
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.
Vantage Circle
OCTOBER 17, 2022
Over the past few decades, employee engagement has taken center stage by becoming a top priority for global organizations. But what often goes unnoticed (and unsaid) is how impactful employee engagement can be for small companies that are looking to retain their human capital, especially in this economy. But first: What Is Employee Engagement? Although the term " employee engagement " may appear ambiguous, it truly refers to doing things that make an employee feel happy, fulfilled, and s
AssuredPartners
OCTOBER 18, 2022
Agricultural workers know all too well the risk of trucks and tractors getting stuck in the mud or snow. Unfortunately, it’s during attempts to dislodge a stuck vehicle that serious injuries occur. Safety training is one of the best ways to avoid an accident. Techniques may vary, but all safe towing practices should consider: Soil condition. How deep the truck or tractor is stuck.
InterWest Insurance Services
OCTOBER 20, 2022
Despite newly enacted federal transparency rules for hospitals and health plans, some large hospitals are still not posting the required price lists for their services, according to a recent report. The Centers for Medicare and Medicaid Services’ transparency rules were implemented to shine the light on what hospitals charge for their various medical services, the negotiated rates insurers have with health plans and the out-of-pocket costs enrollees can expect to pay for these services.
Proskauer's Employee Benefits & Executive Compensa
OCTOBER 18, 2022
In Matousek v. MidAmerican Energy Co. , 2022 WL 6880771, __ F.4th __ (8th Cir. 2022), the Eighth Circuit joined the Sixth and Seventh Circuits in affirming dismissal of ERISA breach of fiduciary duty claims alleging that the plan fiduciaries allowed the plan to pay excessive recordkeeping and administrative fees and offered imprudent investment options.
Advertiser: Paycor
From welcoming new team members to tough termination decisions, each employment lifecycle phase requires a balance of knowledge, empathy & legal diligence.
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