Sat.Feb 03, 2024 - Fri.Feb 09, 2024

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The Cost of Convenience

Money Talk

A key factor that determines what people spend money on every day is convenience. Convenience generally saves time but can add to the cost of products and services because somebody did some work for you (e.g., marinating meat or fish or making kabobs). An estimated $751 billion is spent annually by Americans on convenience items according to a study by Finder, an online data aggregator.

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5 Scenarios When You Should Consider a Third-Party Investigator

HR Bartender

Estimated reading time: 5 minutes (Editor’s Note: Today’s article is brought to you by our friends at Case IQ , a leading provider of case management solutions that helps companies manage the process and workflow of investigators collecting and analyzing information related to a case, with the goal of resolving issues, managing risk, and identifying opportunities for improvement.

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4 things employers must do to keep current on HSA rules and regulations

Employee Benefit News

Employers that contribute to HSAs must monitor contributions, satisfy comparability rules, determine which financial organizations to work with and meet reporting requirements.

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68% of employees suffer from health problems at work

Employee Benefits

Almost seven in 10 (68%) employees have reported suffering from health problems at work, according to research by Simplyhealth. The employee health plan provider, which surveyed 4,000 UK adults about their workplace health and wellbeing , and employer practice, also found that a total of almost 19 million days are taken off for physical health problems alone, while 25% of respondents who experienced a health problem said their workplace was not supportive in managing their pain.

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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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PayrollOrg Raises Regulation Z and EWA Concerns With CFPB

PayrollOrg

PAYO wrote to the Consumer Financial Protection Bureau (CFPB) about its concerns for the process under consideration of the Truth in Lending Act.

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13 Company Retreat Ideas to Re-energize Your Employees

Vantage Circle

Have you ever noticed a dip in your employees' enthusiasm? Are they slipping into the depths of unproductivity? Well, such a scenario requires your immediate attention. You must attempt to infuse vitality by breaking them free from rigorous routines. This is where the idea of a company retreat comes into the picture. It plays a significant role in rejuvenating your employees.

Food 107
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30% of staff have or would call in sick to work despite feeling healthy

Employee Benefits

Almost a third (30%) of employees have admitted that they have or would consider calling in sick to work despite feeling healthy, according to new research from MetLife UK. Published to coincide with National Sickie Day (5 February 2024), the day when most workers are likely to phone in sick, the insurance and employee benefits provider found that 40% did so as they felt burnt out.

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Are pensions set for a big retirement return in 2024?

Employee Benefit News

Major employers like IBM and Ikea are touting the benefits of pensions on their employees' financial well-being. Is the industry ready for a comeback?

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How to handle a passive aggressive employee

Business Management Daily

Following the retirement of a colleague, Angela thoroughly expected the company to name her as the new executive secretary to the organization’s vice president. Instead, the position went to Denise, a fellow administrative assistant with slightly less time at the company. To say Angela was upset is an understatement. Though lacking any proof, Angela convinced herself that Denise got the position by sucking up to certain influential leaders.

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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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How to Choose a Payroll Service for Your Small Business

Patriot Software

Payroll software makes paying employees a breeze by calculating federal, state, and local taxes. If you’ve decided you want to use software to run payroll, you can put away your calculator and income tax withholding tables (hooray!). But, do you know how to choose a payroll service?

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How Small Businesses Can Develop a Financial Wellness Strategy

Best Money Moves

How small businesses can develop a financial wellness strategy. Learn more about how small businesses can embrace financial wellness to increase employee well-being. A comprehensive benefits package is one of the best strategies small businesses can use to retain employees and attract top talent. When salaries are comparable, the decision to take an offer often comes down to the level and quality of an employer’s benefits program.

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86% of employees are stressed about money: Why your financial wellness benefits may be failing

Employee Benefit News

Concerns around student loans, the cost of living and retirement are impacting employees' financial and emotional well-being.

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Navigating the chaos: A leader’s guide to embracing uncertainty

Business Management Daily

Storm clouds are gathering. Chaos has entered as an unwelcome guest at our organizational table, from fresh technological challenges to political arguments to wars. Your “fight or flight” reaction may guide you to avoid the challenge, but embracing it might unlock long-term success. Being forewarned can offer time to gather your team and create a plan.

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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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Sustainable return-to-work, with help from Vocational Rehabilitation

Employee Benefits

By Kay Needle, Early Intervention and Rehabilitation Expert at Generali UK Employee Benefits For employees with long-term and chronic health conditions, returning to work – or even staying in work – is rarely black and white. It’s not always a case of being fully at work, or not. Or being fully fit, or not. There must be a middle ground. Traditional Occupational Health approaches haven’t always afforded that middle ground.

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Connecting in the digital age: Building authentic relationships in today’s workplace

Insperity

In the new modern workplace, the shift toward hybrid models brings both opportunities and hurdles. While workers can enjoy unprecedented flexibility, fostering team cohesion and camaraderie remains a challenge. For this reason, the need to build authentic relationships has never been more critical for people managers. Keep reading for some strategies and practical tips on cultivating genuine connections across teams. 7 tips to build authentic relationships and increase engagement 1.

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New Approaches to Managing Health Care Costs, Improving Outcomes

InterWest Insurance Services

As health insurance and health care costs continue climbing, some employers are taking new and innovative steps to tamp down costs for themselves and their covered employees while not sacrificing the quality of care they receive. Some of the strategies require a proactive approach by engaging with their broker and insurer, and even local health care providers, efforts that may be hampered by location and how flexible insurers may be.

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Feeling Lost: Signs, Causes, and 4 Tips for Finding Your Way

BetterUp

It’s normal to feel lost sometimes. In fact, it can be a sign of impending personal growth. Here are some of the signs you might be lost and how to find what to do next.

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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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How to offer cost effective employee financial support

Employee Benefits

Jonathan Watts-Lay, Director, WEALTH at work, answers some key questions on the cost effective options available for employers to support financial wellbeing in the workplace. What options are available to employers to offer staff financial wellbeing support without breaking the budget? Implementing financial wellbeing support may not be as costly as employers might think, as it can be tailored to match the needs of a company and their budget.

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This platform is helping employees send their kids to college

Employee Benefit News

The CEO of Empowerly explains how helping employees navigate their children's college plans is critical to family-building benefits.

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The Grand Jury Reports

Florida Workers' Comp

For over a year, the 22nd Statewide Grand Jury has been looking into the potential of "crimes and wrongdoing committed against Floridians related to the COVID-19 vaccine." There has been a nice post-COVID period in the last two years. We have seen the world come back together, with significant normalcy. Well, significant. I still see people wearing masks.

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2024: The Year of the Telehealth Cliff

McDermott Will & Emery Employee Benefits

What does December 31, 2024, mean to you? New Year’s Eve? Post-2024 election? Too far away to know? Our answer: December 31, 2024, is when we will go over a “telehealth cliff” if Congress fails to act before that date, directly impacting care and access for Medicare beneficiaries. What is this telehealth cliff? Read more […] The post 2024: The Year of the Telehealth Cliff appeared first on EMPLOYEE BENEFITS BLOG.

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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.

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Reducing absenteeism & sending National Sickie Day on its merry way!

Employee Benefits

There’s an abundance of national days in the UK and globally, and National Sickie Day is one of many that impact UK employers. Let’s be clear: National Sickie Day isn’t a call to action. Statistics show that it’s the day of the year when UK employees are most likely to call in sick. It’s just one day… right? Wrong. In 2020, around 600,000 workers called in sick on that ‘one day’, costing the UK economy almost £45 million in lost revenue!

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How AI Wellness Chatbots Can Bridge The Mental Healthcare Accessibility Gap

Wellable

One-third of companies offer wellness chatbots as part of their benefits packages. Weigh their pros and cons for a balanced approach to employee mental health. The post How AI Wellness Chatbots Can Bridge The Mental Healthcare Accessibility Gap appeared first on Wellable.

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Its the Appearance

Florida Workers' Comp

According to Oxford Reference , it was Walter Reuther who coined the phrase: "If it looks like a duck, walks like a duck and quacks like a duck, then it just may be a duck." Similarly, at some point, someone said "Sometimes a cigar is just a cigar." Many attribute to Freud, but there are doubters and even critics. The point of the phrase is explained to focus on analysis and consideration: "the importance of considering both the conscious and the unconscious aims of an action.

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Over 80% of employers plan on upgrading their leave policies, according to WTW

Employee Benefit News

WTW found that 84% of employers plan to change their leave policies in an effort to attract and retain their best talent.

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Individual Development Plan Template

There’s no way around it: sometimes employees need your help. Use this free template to clarify expectations, share resources, and set a timeline. Best case scenario, this process helps them improve. Worst case, your great recordkeeping keeps you compliant even if they move on. Download the template today!