Sat.Oct 12, 2024 - Fri.Oct 18, 2024

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Building Trust Through Transparency: The Total Compensation Statement Sample Explained

COMPackage

In today’s competitive business landscape, fostering trust and transparency with employees is paramount. One powerful tool for achieving this goal is the Total Compensation Statement (TCS). By providing employees with a clear and comprehensive overview of their total compensation package, including both direct pay (salary or wages) and indirect benefits, TCSs can significantly enhance employee satisfaction, loyalty, and engagement.

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Top 10 Global HR Services Providers 2024

HR Lineup

Human Resource (HR) services have become a critical component of business success, particularly in a globalized economy. With the increasing complexity of workforce management, HR service providers offer a wide range of solutions to help businesses attract, retain, and manage talent effectively. From recruitment and payroll processing to compliance and performance management , these HR service providers are integral to the smooth functioning of organizations worldwide.

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Tackling today’s HR challenges to stay competitive tomorrow

Insperity

For all the speculation about what the future of work will be like, one could argue that “the future of work” is already here. For the last few years, we’ve all been grappling with rapidly unfolding changes, and these changes have brought new challenges for businesses. As organizations continue to navigate evolving employee expectations, remote work setups and rapid technological advancements, staying competitive means being proactive in addressing these challenges head-on.

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ABCs of CCRCs: Choosing a Life Care Community

Money Talk

My husband and I recently took a big step in planning our future. We paid a $1,500 refundable deposit to get on the waiting list for a continuing care retirement community (CCRC) with a target move-in date of 2033. Why the long timeline? We are healthy, active, and not ready to leave our beautiful single family home. At the same time, we don’t want to wait until our 80s and find 200 people ahead of us.

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The HR Leader’s Workforce Management Guide

In today’s fast-paced business world, effective workforce management (WFM) isn’t just an option—it’s a necessity.

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In the aftermath of a disaster, Aeroflow put its employees and community first

Employee Benefit News

From securing hotel rooms to offering entire warehouses to FEMA, this CEO is doing all he can following Hurricane Helene.

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Fully Insured vs Self-Insured vs Level-Funded: What Does It All Mean To The Small Employer?

Fringe Benefit Analysts

 Small employers looking for ways to control their group health insurance costs are more closely examining what it means to be “ fully insured.” These days, employers with as few as 10 full-time employees are exploring other funding arrangements which can allow them more control—or at least more accountability—over their annual premium increases.

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Maine 2025 Withholding Tables Now Available

PayrollOrg

Maine Revenue Services has issued withholding tables that will be effective for wages paid on or after January 1, 2025.

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Supporting workers in a changing workplace

Employee Benefit News

The many shifts happening within the workplace need to be recognized and accommodated for optimal employee and business outcomes.

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Want sustainable buildings? Invest strategically in smart technology

Workplace Insight

Strategic investment, innovative technology, and collaboration are essential for achieving sustainability and value goals in the real estate sector, according to a new report from Colliers. The report Realising ESG Performance: The Value-Driven Transformation of Europe’s Built Environment [registration] claims to provide insights into how the real estate industry can embrace sustainable buildings and comply with regulatory demands while creating long-term value.

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We’re Here to Help! How to Navigate Your Top HR Priorities

Are you helping your people proactively plan for retirement? How are you prioritizing the mental health of your HR team? These are a few of the questions that HR professionals are seeking answers to today. Luckily, Gallagher’s consultants came together with four robust articles (and one infographic) that help address these pain points and provide you with proactive planning tips to help you simplify, personalize and create flexibility in your benefits offerings to help ensure your people thrive

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Starting with ‘Why’: Building a Successful B2B SaaS Go-to-Market Strategy

3Sixty Insights

In the competitive world of B2B SaaS, understanding the core reason why your product exists is more than a philosophical exercise—it’s a strategic imperative. While features and functionalities are important, they are merely tools to fulfill a deeper mission. Starting with why helps you articulate your purpose, resonate with your target audience, and align your team towards common goals.

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3 in 4 Workers Would Accept Lower-Pay for Better Benefits: Survey

InterWest Insurance Services

A new study has found three out of four U.S. workers would accept a job with a slightly lower salary if it offered better health care and medical coverage. The main driver in workers prioritizing benefits is the rapidly rising cost of group health insurance premiums and out-of-pocket costs, according to the study by Voya Financial. Besides looking for better health coverage, there’s growing interest among employees for voluntary benefits that can buffer health care costs, like critical ill

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A third of employees want AI banned from the workplace

Employee Benefit News

Job security and adequate training remain the primary concerns for late adopters of this innovative tech.

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The New Caregiver Benefits: Precision Support Through Expanded Understanding

International Foundation of Employee Benefit Plans

Caregiving is not merely a personal responsibility; it is an essential societal function. Research has found that 73% of all employees1 have some current caregiving responsibility—whether caring for aging parents, supporting a loved one through illness or raising a child—requiring them to […] The post The New Caregiver Benefits: Precision Support Through Expanded Understanding appeared first on Word on Benefits.

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4-Week Roadmap for New Hires

Nearly one-quarter of employees (23%) admit they’ve cried within the first week! Give new hires a positive start with this four-week onboarding roadmap. This schedule outlines all the turns, detours, and speedbumps new hires can expect in their first month. We’ve included suggestions for each week to help you make your new employees’ highway to success an easy road.

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Top 10 Compensation Courses & Certifications in 2024

HR Lineup

In the ever-evolving world of business, compensation professionals play a crucial role in ensuring employees are fairly and competitively rewarded. A well-structured compensation strategy enhances employee satisfaction and drives business success. Whether you’re a seasoned HR professional or looking to break into this field, upskilling through certifications and specialized courses is essential.

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How to Streamline Your Insurance Policy Audit

InterWest Insurance Services

Are you due for a workers’ compensation premium audit? Audits are how insurance rates are determined, and it’s possible that an audit will uncover information that can actually save you money — or not if you’ve hired additional staff and haven’t notified your insurer. In any case, it pays to be prepared by taking on board the following tips: Let us know when there are changes in your staffing, payroll or areas of operation.

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Best and worst states for starting salaries in big tech

Employee Benefit News

The average starting salary for the top ten states is $110,000 and the average starting salary for the bottom ten states is $41,452.

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How AI is Driving the Future of HR

3Sixty Insights

Artificial intelligence (AI) is playing an increasingly significant role in HR workflows, alleviating the burden caused by the growing list of tasks that HR professionals face. In fact, according to a recent survey of 1,000 HR professionals conducted by isolved in partnership with Talker Research, 77% of HR professionals believe AI training is critical to enhancing their roles, and 81% of those whose companies have adopted AI report using it in their daily tasks.

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How to Make The Best Benefits Decisions for 2025's Workforce: An HR and Total Rewards Guide

Speaker: Kaitlin Ruby Carroll

Retaining top talent in 2025 means rethinking benefits. In a competitive job market, fertility benefits are more than just offerings - they are a commitment to your team’s well-being. Gain critical insights into the latest fertility benefits strategies that can help position your organization as an industry leader. Our expert will explore the unique advantages and challenges of each model, share success stories from top organizations, and offer practical strategies to make benefits decisions tha

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Airbus Layoffs Announced but Cuts Will Not Occur Immediately

HR Digest

After Boeing’s commitment to reorganization plans, Airbus has now announced layoffs. The European aerospace group announced job cuts in the Defense and Space division. The Airbus job cuts will affect 2,500 employees who represent around 7% of the workforce in its second-largest division and 1.7% of its workforce overall. The organization has decided not to pursue immediate restructuring plans and will execute these cuts over time, extending midway through 2026.

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Using Technology to Enhance Leadership-Driven Recognition Programs

Vantage Circle

Reviewed by : Saurabh Deshpande - People Culture Expert Key Takeaways The New Age of Personalized Recognition. How you can bridge the gap betweeen distributed teams and enhance transparency and fairness. Building a Recognition Ecosystem with Integrations and Gamification and Interactive Recognition. The Future of Recognition and How AI will play a crucial Role.

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The top 5 benefits, according to each generation

Employee Benefit News

Research found that while benefits like retirement and flexibility are valued by all groups, mental health support and long-term care are more age-specific.

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5 Science-Based Learning Styles for Reaching More Employees During Open Enrollment

Flimp Communications

Open enrollment isn’t just about making choices. It’s about education. To make better decisions, employees need to understand their benefit options. And as an HR team member, it often falls to you to be the teacher. There’s a lot of material to cover. During open enrollment, employees must learn (among other things): The differences between benefit plans and how those differences can impact their health, their family, and their finances.

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Why (and How) to Switch to a New HR & Payroll Platform

Speaker: Speakers:

HR and payroll impact every aspect of your business. Choosing the right provider is one of the most important decisions you’ll make. Before you decide, hear first-hand customer accounts in Paycor’s webinar to learn: The three most important things to look for when switching. How to begin your search. What are some of the red flags?

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If firms want people to ‘return to office’, they should offer a better experience

Workplace Insight

A new report from the British Council for Offices (BCO) argues that if employers want their staff to ‘return to office’, they need to approach the workplace in the same way they would their customers by creating spaces that offer experiences workers actively seek out. The report, titled Towards Experience Utopia , claims to serve as a comprehensive guide for creating optimal working environments that integrate the best aspects of both remote and in-office work.

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Leveraging MOOCs for Cost-Effective Employee Development in the UAE

Bayzat

The rise of technology has brought about several changes in the way we learn and work. One of the most significant changes is the availability of Massive Open Online Courses (MOOCs). These courses are offered online and can be accessed by anyone with an internet connection, making it possible for individuals from all over the world to access high-quality education at a minimal cost.

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Work stress is an energy-depleting multigenerational crisis

Employee Benefit News

A steady erosion of employees' mental and physical health, as well as personal relationships, compromises productivity, absenteeism, presenteeism and retention.

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Reliability: The Underrated Trait That Outperforms Exceptionalism

3Sixty Insights

So, let’s talk about reliability and why I believe it’s one of the most underrated traits out there. The beauty of reliability is that it’s free—it doesn’t cost you anything. It doesn’t require talent or luck. You don’t need to be exceptionally gifted or fortunate to be reliable. All it takes is consistency: showing up, doing the work, and getting the job done.

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Transform Employee Wellbeing and Control Costs Through Data-Driven Strategies

In today's dynamic business environment, HR leaders face immense pressure to optimize costs while maintaining a competitive edge to attract, retain and engage their workforce. Gallagher can help you meet that challenge head-on. Our proprietary data and people analytics platform, Gallagher Drive ® , provides the elevated insights you need to make impactful program decisions that are aligned with your organizational goals and set your strategy up for long-term success.