Money Talk

JANUARY 13, 2022

In this post, I continue my discussion of tips from webinars, podcasts, and virtual conferences that I heard during the last quarter of 2021. Below are 13 of my key take-aways: Avoid Complacency - Take proactive steps to stay on top of your finances. One webinar speaker recommended checking your bank balance daily because daily swipes on a debit card add up and many people have no idea how much money they have at a particular point in time or how much they are spending on “small stuff.

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Taxes Utilities Finance Banking 238

Florida Workers' Comp

JANUARY 13, 2022

Last fall I wrote about the amazing transition of the annual Zehmer Moot Court competition. This is usually held at the annual workers' compensation conference each August, but 2021 was delayed. In Perseverance and Poise (November 2021), I congratulated the organizers and participants for their successful pivot to a virtual preliminary round. I cannot stress enough the contributions of Hon.

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HR Digest

JANUARY 13, 2022

One question arises in recent times and it speaks about the fear of the many employees who are afraid of the new technologies. Is AI changing the way we work? . The answer is yes, and we should be aware of the fact that AI is taking some jobs from the people but at the same time, it is creating new jobs that will be more paid and more beneficial. . Let’s dive into this subject and reveal how AI is changing the way we work.

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Employee Benefits

JANUARY 14, 2022

UK employers increased the amount of money they put aside for staff pay rises over the second half of last year, it has emerged. Research by global advisory, broking, and solutions company Willis Towers Watson (WTW) found that average 2022 pay hike budgets grew from 2.9% in July 2021 to 3.2% in December. If these budgets are fully spent, the average pay rise for UK employees would be a third greater this year than the 2.4% seen in 2021, according to the firm’s Salary budget planning repor

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Salary Technology Employee Benefits Employment 123

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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.

Management

Insperity

JANUARY 11, 2022

There are four words every company leader aspires to hear their employees say: “I love my job.”. These words mean that employees are happy and probably aren’t going to leave the company any time soon. Achieving this level of employee praise calls for more than just offering a job that aligns with someone’s interests and skills. Although the job itself is extremely important, this goes much further – it’s about creating a good workplace that makes people think twice about leaving.

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Health Benefits Package Professional Employer Organization Management 109

HR Digest

JANUARY 9, 2022

Having a well-written and compelling resume is an important step in getting your dream job. But, writing the perfect resume can be difficult. For one thing, it’s hard to find skills that are impressive enough for even the most qualified people. This article will show you a 40+ list of skills for a resume and give you the best resume tips to land your next job.

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Employee Benefits

JANUARY 12, 2022

Operating across the Scottish highland region since 1994, Highland Home Carers (HHC) supports people living in their own homes with highly complex health and social care needs. It has a roster of more than 400 employees and has been an employee-owned organisation since 2004, rewarding staff with shares for working in challenging roles. The organisation has various schemes in place to both recognise these efforts from staff, and to help motivate them through difficult times.

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Bonuses Pension Taxes Employee Benefits 119

Best Money Moves

JANUARY 11, 2022

Improve employee retention in 2022: Utilize financial wellness benefits. Financial stress is an increasing contributor to high employee turnover and now, more than ever, your team needs relief. Last year, a record 38 million Americans left their jobs to look for new opportunities. As a result, employers in 2022 are dealing with low retention and high turnover, leading to a loss of top talent, increased operating costs and an overall unstable work environment. .

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Business Management Daily

JANUARY 11, 2022

No employer wants to make a bad hiring decision. Bringing aboard someone who ends up performing inadequately or proving a poor cultural fit affects productivity and office morale. Whether you end up firing the new person or the individual realizes on his own that this job isn’t for him and leaves, the company is back to square one in the hiring process — plus time and money wasted.

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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

Paid Leave

HR Digest

JANUARY 8, 2022

This is one of the common job interview questions asking you to describe the positive attribute that will help you succeed in the position for which you are interviewing. The interviewer wants to know what makes you exceptional, valuable, powerful and unstoppable? Of course, every job requires different skills and attributes; therefore, it is important that when answering this question, you provide an example that relates specifically to the type of work that you will be doing if they hire you f

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Employee Benefits

JANUARY 11, 2022

Swedish retail giant Ikea has cut sick pay for unvaccinated staff in the UK who need to self-isolate as a result of being exposed to Covid-19 (Coronavirus). The decision by the business, which employs about 10,000 people across 22 stores in this country, could see unvaccinated workers who have been required to stay at home but not confirmed as having the virus receive just £96.35 a week, which is the statutory sick pay (SSP) minimum.

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BerniePortal

JANUARY 14, 2022

Almost a week after hearing oral arguments, on January 13, the Supreme Court of the United States blocked the Occupational Safety and Health Administration (OSHA) from implementing and enforcing its Emergency Temporary Standard (ETS) requiring large private employers to enact a vaccinate-or-test policy mitigating the spread of COVID in the workplace.

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Empuls

JANUARY 12, 2022

Whatever be the size or type of an organization, one of the biggest and most enduring challenges that managers face is getting their team to do their best work. Why do people do what they do, and how do you influence them - these are puzzles that can be traced back centuries. From Aristotle to Abraham Maslow, Sigmund Freud to Adam Smith, many thinkers and psychologists have spent a lifetime of effort in understanding human behavior.

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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.

IT

cipHR

JANUARY 11, 2022

The new year brings a new start for people’s finances, giving you the chance to re-evaluate your situation and make changes based on your priorities. This could begin with making a plan to pay off any outstanding debts that have been causing stress, or just being aware of changes that may impact your finances. Here, to help you with your finances this year, we’re sharing the key things you need to be aware of, and the three actions you should be taking.

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Employee Benefits

JANUARY 10, 2022

Half of organisations that have not begun to invest in equality, diversity, inclusion and belonging (EDIB) suffered a decline in employee engagement over a 12-month period, research has shown. Employee engagement service WorkBuzz’s The state of employee engagement report, based on insight from more than 300 organisational leaders, HR professionals, and industry experts, discovered that employers progressing EDIB initiatives were more likely to report increased employee engagement levels.

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BerniePortal

JANUARY 10, 2022

ERISA covers more benefits plans than many employers realize, and it takes more than a plan booklet to comply with federal regulation. How can small businesses simplify compliance with an ERISA wrap document? Find out more.

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IT Employment Healthcare 98

Kollath CPA

JANUARY 13, 2022

What Exactly Is a “Tax Year”? A tax year is an annual accounting period for keeping records and reporting income and expenses. Types of Tax Year. Calendar year — 12 consecutive months, beginning January 1 and ending December 31. Fiscal year — 12 consecutive months ending on the last day of the month except in December. A 52-53-week tax year is a fiscal tax year that varies from 52 to 53 weeks but doesn’t have to end on the last day of the month.

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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?

Utilities

InterWest Insurance Services

JANUARY 13, 2022

The time when the IRS offers relief from financial penalties to employers that make errors on their group health insurance reporting forms has come to an end. Starting this year, the IRS will no longer offer protection against reporting error penalties when “applicable large employers” (ALEs) file their Forms 1094-C and 1095-C and the employer has made a good-faith effort to comply.

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Employee Benefits

JANUARY 10, 2022

Shareholder returns that feed into UK workers’ pensions “disproportionately benefit a wealthy minority”, according to a report put together by the TUC, think tank Common Wealth and the High Pay Centre. The study found that almost one in three UK shares was held by a UK pension fund in 1990 yet this had declined to 2.4% by 2018 so listed companies paying out in dividends and buybacks had a much smaller impact on pension wealth.

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BerniePortal

JANUARY 11, 2022

As the new year is upon us, many companies are ramping up their recruitment efforts to fill open spots on their team. While recruiting and hiring new team members imposes a list of challenges, adding in COVID compliance adds another layer of complication. Read on for a few tips on how to remain compliant throughout your whole hiring process this year.

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PeopleKeep

JANUARY 12, 2022

As an employer considering a health benefit, you may be deciding between traditional group health insurance and a healthcare reimbursement plan, like a health reimbursement arrangement (HRA). How do you know which is the best fit for your company? Despite the increasing popularity of HRAs, which feature several benefits like more personalization, cost savings, and tax advantages, you may be hesitant to accept it as a new benefit due to some common misconceptions.

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Health Insurance Healthcare Insurance Taxes 98

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.

IT

Higginbotham

JANUARY 11, 2022

In today’s tumultuous business climate, companies need the best insurance solutions to fit their complex business needs. Two popular options, general liability and professional liability, provide businesses with different protections from inherent business risks. Each option features specific coverages that protect businesses from unique claims scenarios.

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Insurance Consulting Manufacturing Engineering 96

InterWest Insurance Services

JANUARY 13, 2022

The Equal Employment Opportunity Commission has issued guidance stating that employees suffering from “long COVID-19” may be protected under workplace disability discrimination statutes. The guidance states that someone suffering from impairments resulting from long-haul COVID-19 symptoms can be considered “disabled” under the Americans with Disabilities Act and entitled to the same treatment as other disabled workers.

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Commissions Employment Insurance 95

BerniePortal

JANUARY 13, 2022

Hiring the perfect candidate can, at first, seem like a daunting task. There are countless variables to consider and a competitive market makes the process even more challenging. That said, finding the right candidate doesn't have to be a stressful process. In fact, it can be exciting to add a fresh perspective to your team. Luckily we have formulated a list of key factors that you can use to better streamline this process, and find that perfect candidate with ease.

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Healthcare IT Recruitment 97

PeopleKeep

JANUARY 10, 2022

When you invest company dollars into your employees’ health benefits, it can be confusing and a little frustrating when you notice your employees aren’t fully utilizing the benefit, or worse, not signing up for the plan at all. This is especially challenging if you have strict minimum participation requirements you’re trying to meet for a group health plan or if you have invested the time and effort to set up other benefits but are seeing low participation.

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Utilities Education Recruitment Employment 98

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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.

Human Resources