Sat.Sep 17, 2022 - Fri.Sep 23, 2022

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Now is the time to reimagine your financial wellness benefits

Employee Benefit News

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Inflation, Jury Awards Continue Driving Insurance Premiums

InterWest Insurance Services

Inflation is not just affecting the cost of food and fuel. It’s also spilled over to the price of almost every industrial item, as well as building materials and services. Anybody running a business, particularly one that carries inventories or has to invest in machinery or electronics, has seen prices increase on top of wage inflation in a red-hot job market with strong economic expansion.

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27 employee appreciation messages and the meaning behind them

Achievers

There are so many opportunities to say thanks at work, from a team member bringing in a great new coffee blend to a coworker going above and beyond on their latest project. Employee appreciation messages can make the difference between a motivated, high performing workforce and one that’s disengaged and looking for opportunities elsewhere. The best messages include specific details, come from the heart, and are delivered using a platform that allows other employees to double down on the initial

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Save It for a Rainy Day: Recent Amendment Extensions for Qualified Retirement Plans, 403(b) Plans and Individual Retirement Accounts

McDermott Will & Emery Employee Benefits

The Internal Revenue Service (IRS) recently issued needed relief to extend some amendment deadlines for non-governmental qualified retirement plans and 403(b) plans, and for individual retirement accounts (IRAs) under the Setting Every Community Up for Retirement Enhancement Act of 2019 (SECURE Act), the Bipartisan American Miners Act of 2019 (Miners Act), and certain provisions of […].

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The Ultimate Performance Review Checklist

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.

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Why Happiness at Work Matters

Sodexo Engage

Summary: Why we need to talk about happiness at work. The unhappy employee. What does happiness look like? Finding your employees' happy place. Why choose Sodexo Engage? Why happiness at work matters. When the average UK employee spends over 82,000 hours in the workplace over their lifetime, it’s easy to understand why the 19th to the 25th September has been claimed by the International Week of Happiness at Work.

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PwC is investing $2.4 billion in flexible work and personalized benefits

Employee Benefit News

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What Is IRS Form 1094-C? 

Patriot Software

If you’re an employer who’s required to offer health insurance to employees, you may be familiar with Form 1095-C. But, how much do you know about Form 1095-C’s counterpart, IRS Form 1094-C? Get the inside scoop on what is Form 1094-C, how it differs from a 1095-C form, and more. IRS Form 1094-C: Q&A Looking […] READ MORE.

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Highlights from an Estate Planning Seminar

Money Talk

I recently attended a local estate planning seminar geared for- and marketed to- older adults. I decided to go “undercover” to see if there was any evidence of manipulative sales practices masquerading as “financial education.” Sadly, I found some. Specifically, a presenter who was not an attorney and had no recognized financial planning designations whatsoever pitching the legal services of a colleague who was not in attendance.

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Why so Many Words?

Florida Workers' Comp

The concept of electronic filing was conceptualized early in the 21st century and eventually deployed in 2005. I never imagined or envisioned where we are today, but was an early adopter of accepting emailed PDF files early this century. As the system (e-JCC) was born, I quickly became a fan and enthusiast. The FloridOJCC led the e-filing revolution and we are proud of that.

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Want To Enhance Your Total Rewards To Achieve Organizational Success? Start Here.

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

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Mental Exhaustion Symptoms, Causes, and Ways to Cope

BetterUp

Jump to section. What is mental exhaustion? What are the symptoms of mental exhaustion? Side effects of being mentally exhausted. What are the causes of mental exhaustion? How is mental exhaustion different from other conditions? 11 ways to overcome mental exhaustion.

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Your definitive guide to employee training: Why, when and how

Insperity

Employee training is one of the most significant investments in time and money that your organization may make, but it’s also one of the most critical initiatives impacting the long-term success of any business. After all, employees don’t just walk in the office door initially with all the information they need to do their jobs well. Maybe they’re experienced and highly knowledgeable, but there are still unique factors at your workplace that can impact their performance.

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Spotting the Best Management Careers in 2022

HR Digest

It’s never too early to start thinking about your career, so we’ve put together a list of the best management careers in 2022. Don’t worry if your first job isn’t where you want to be – the important thing to remember is that you’re in a role that makes the best of our strengths for workplace success. If you’re thinking of breaking into one of the best business management careers then we have some advice for you.

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Harvest Season Tractor Safety

AssuredPartners

As harvest season picks up, more tractors and farm equipment will be on the road and in the fields – including combines and other harvesting equipment moving from one field to another. When operated correctly, tractors are generally safe, but tractor overturns are the leading cause of fatalities in the ag industry. With approximately 130 deaths per year, overturn accidents can happen in seconds.

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How to Build the Ideal HR Team

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.

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Teach Your Driving Staff to Be Defensive Drivers

InterWest Insurance Services

When you have driving employees, you have to ensure they drive safely not only to avoid an accident and injuring themselves, but also injuring other drivers or pedestrians. While your workers’ compensation insurance will cover an employee’s injuries, your commercial auto insurance would have to cover any claims for third party injuries. An accident can also result in lost productivity and possibly higher insurance rates.

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Feeling understaffed? 7 helpful tips for leading a lean team

Insperity

If you are feeling like your business is understaffed – that you have more work than employees to handle it all – you are not alone. Between The Great Resignation and a looming economic downturn that has necessitated layoffs, many companies across the U.S. are experiencing a talent shortage. Or, it could be that your business has experienced rapid success and needs to scale up fast.

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15 Employee Satisfaction Survey Questions Every HR Needs

HR Digest

Some companies just have the knack of creating an enviable culture where everyone thrives. How do they do it? Beyond a good salary and cool office perks, today’s job seekers look for a company where employee happiness is just as important as the bottom line. Creating a strong company culture takes time and effort, but it’s worth the effort when your employees feel heard and valued.

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Changing things

Florida Workers' Comp

“Si mi abuela tuviera ruedas seria una bicicleta” “If my grandmother had wheels, I would have been a bus.” “Aye, and if my grandmother had wheels, she’d be a wagon.” Idiomation provides us a historical perspective on these similar adaptations of a 1908 German book. The point of each, the overarching theme, is "that people will sometimes throw irrelevant questions or comments into a discussion thereby changing the original focus.

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An HR Leaders Guide: 7 Questions To Ask When Developing Your Cancer Strategy

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?

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What Is the 2-Minute Rule? Avoid Procrastination Quickly

BetterUp

Jump to section. What is the 2-minute rule? Does it really work? Examples of the 2-minute rule. How to use the 2-minute rule at work. Deep work vs. 2-minute tasks. Use the 2-minute rule to start big tasks and complete small ones. Avoid multitasking. Are you tricking your mind? 5 extra tips to boost productivity. Using the 2-minute rules to become the person you want to be.

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What is the Role of HR in a Recession?

15Five

How HR Can Contribute to Business Growth In the Midst of Economic Instability. The last few years have certainly been a rollercoaster, and HR professionals have been tasked with managing the ups and downs — from the massive shift to remote work amidst the COVID-19 pandemic to the Great Resignation and beyond. Now, we find ourselves at the precipice of a potential recession.

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The Thank You Email You Must Send after Every Interview

HR Digest

An interview is a two-way street. It’s not just about you, it’s also about the company you’re interviewing with—where a thank you letter after an interview comes in — and if you want to get hired, you need to make sure they know that you appreciate their time and consideration. There are lots of ways to do this, but one of the most important is sending a thank you letter after every interview.

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Legal & Legislative Reporter: A Kidney Case

International Foundation of Employee Benefit Plans

Every month, the International Foundation releases the Legal and Legislative Reporter, a compilation of new employee benefits-related case summaries. Below is a summary we thought you’d be interested in. Content provided. Read more > The post Legal & Legislative Reporter: A Kidney Case appeared first on Word on Benefits.

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6 Steps to a Better Compensation Strategy

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.

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Medical Plan Analytics and Forecasting Tools Now Included in PLANselect Benefits Decision-Support Offering from Flimp Communications

Flimp Communications

These new analytics tools and visuals are designed to help employers and brokers predict plan-selection outcomes and understand cost implications when modeling potential plan-design changes for eligible employees and dependents. . The post Medical Plan Analytics and Forecasting Tools Now Included in PLANselect Benefits Decision-Support Offering from Flimp Communications appeared first on Flimp.

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What are the six key drivers that impact payroll performance? SD Worx webinar

LACE Partners

In September 2022 LACE Partners were asked to join the team at SD Worx to talk about the recent whitepaper they released which focused on the six key drivers that impact payroll performance. This is an on demand webinar featuring Chris Kirby , Senior Manager – Payroll Transformation. Watch the on demand version of the webinar below. The post What are the six key drivers that impact payroll performance?

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How to Handle Salary Reduction for Employees

Patriot Software

Reducing an employee’s salary is not an easy decision to make. Unfortunately, salary reduction might be necessary. If an employee is not succeeding in their position, it may be time for a pay cut. A salary reduction is much more than just changing your payroll. There are laws you need to follow when reducing an […] READ MORE.

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Employers Project 7.5% Rise in Health Care Costs for 2023

International Foundation of Employee Benefit Plans

As industry experts predict that organizations should brace for increased health care costs in 2023, the International Foundation of Employee Benefit Plans launched a survey of U.S employers to identify. Read more > The post Employers Project 7.5% Rise in Health Care Costs for 2023 appeared first on Word on Benefits.

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The Definitive Guide to Onboarding for 2024

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.