2021

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21 Financial Events and Trends During 2021

Money Talk

Between December 11 and 31, I have been tweeting about 21 key financial events that took place during 2021 using the hashtag #21MoneyTrends2021. Below is a written summary of these financial milestones and their impact on family finances. 1. Income and Jobs- An unprecedented 1 in 4 American workers quit jobs in 2021 as people re-evaluated work requirements, personal values, career options, and work-life balance.

Finance 362
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11 Tips for Remote Employee Engagement

Achievers

Our world has dramatically and swiftly shifted to remote work, leaving many companies scrambling to adapt. Remote work isn’t just a trend, it’s the new reality. Remote work can lead to improved productivity, but it also comes with unique challenges that organizations need to address to stay at the top of their game. It’s easy to let communication, recognition, effective onboarding, and professional development slip.

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Top 30 Employee Retention Strategies for the "New" Work World!

Vantage Circle

Retain your best employees with these Top 30 Employee Retention Strategies and build a positive work atmosphere to promote engagement.

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Digital Transformation is Rewriting Work

HR Bartender

Estimated reading time: 4 minutes. I’m sure that the title of today’s article isn’t really a surprise to anyone. Technology has been disrupting business and the economy for quite some time. However, one of the things I’ve been hearing consistently since the pandemic became front page news is how unprepared organizations have been for digital transformation.

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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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Your 2021 payroll questions answered.

Business Management Daily

Although things are starting to calm just a little, the impacts of pandemic-related legislation, sudden moves to remote work, and more are still being felt. Now is when the flood of confusing legal questions arises as businesses start to try to return to normal (and perhaps realize that normal doesn’t quite exist anymore). Regardless, you can’t put payroll on hold simply because things are confusing.

Payroll 156

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4 Ways to Modernize Your Business

Take It Personel-ly

In the digital age, operating a successful business increasingly requires a touch of modernity. The traditional business tactics and operational standards of the 20th century are rapidly being overshadowed by new technology and new methods of communications. In order to keep your business on top of its game, and keep up with the times, here […].

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Increase your emotional intelligence while working remotely: 8 tips

Insperity

Tapping into your emotional intelligence while working remotely is vitally important. But it can also be challenging, especially if your team is new to working from home or entered the virtual work world suddenly. Part of the challenge is that the bulk of our social interactions and cues are absent from the remote workday – the simple exchanges that help us connect on a social-emotional level, such as: Bumping into someone in the break room Offering coworkers a piece of gum after a lunch meeting

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7 Key Hiring Trends For 2021

HR Digest

The pandemic year was challenging for recruiters. As virtual recruiting and onboarding a remote workforce became the norm, the recruitment landscape had to adapt to the rapidly changing scenario. Talent shortage is a reality in these times, with the US facing a 69% shortfall, the highest in a decade. Korn Ferry predicts that by 2030, there will be a global human talent shortage of more than 85 million people, or roughly equivalent to Germany’s population.

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Can You Pay That?! Federal and State Tipped Minimum Wage Rates

Patriot Software

Want to avoid breaking labor laws? Then you need to pay employees according to federal, state, or local minimum wage law. But if you have tipped employees, you might be able to pay a lower, tipped minimum wage. Read on to learn what is a tipped minimum wage, along with the current federal tipped wage […] READ MORE.

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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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5 Countries with the Best Employment Laws

Global People Strategist

Around the world, workers are given different rights. These range from the right to organize protests and participate in trade unions, to working in safe conditions and overtime pay. This article explores 5 countries that have the best employment laws from the perspective of the employee with top global rankings in terms of rights of workers, based on their labor traditions and violation of labor rights. 1.

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Keeping an Open Line of Communication with Your Employees

PeopleKeep

As an employer, effective communication is key to running a successful organization. Whether discussing job duties, explaining HR policies, or outlining a benefits package, it’s important that there’s a clear line of communication between employers and employees. Open communication encourages higher quality work, understanding of important policies, and a relationship of trust between employers and employees.

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Why Organizational Culture Is a Competitive Differentiator 

Achievers

“You know, as most entrepreneurs do, that a company is only as good as its people. The hard part is actually building the team that will embody your organizational culture and propel you forward.” — Kathryn Minshew, Founder & CEO at The Muse . Organizational culture doesn’t mean that you own the trendiest or coolest business — it means that you operate a positive workplace with a strong values and an even stronger identity, a place that drives business success. .

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4 Best Practices for Communication Among Remote Teams

Best Money Moves

4 best practices for communication among remote teams. These four remote-work strategies can help keep your workforce connected, regardless of their location. . They say the most important part of any relationship is communication. For workforces in the new world of remote work, that’s easier said than done. While technological advancements including Zoom, Slack and GoogleSuite can go a long way in helping teams stay connected, distance can easily cause miscommunication.

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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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10 Ways to Recruit More Effectively Against the Competition

HR Bartender

Estimated reading time: 4 minutes. A recent article from CNBC indicated that there are 1 million more job openings than people looking for work. We all know there are various reasons that people are searching (or not searching) for new opportunities. The bottom line is that organizations need to focus on their recruiting strategy in a highly competitive labor market. l’ve always had to recruit in highly competitive business environments.

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NY Firefighter Successfully Proved PTSD Claim Based Upon Multiple Gruesome Incidents

The Workcomp Writer

Noting that a medical opinion need not be expressed with absolute medical certainty as long as it signified a probability of the underlying cause that was supported by a rational basis and was not based upon a general expression of possibility, a New York appellate court reversed a decision by the state’s Workers’ Compensation Board that had denied benefits related to a PTSD claim filed by a firefighter who testified to having been subjected to multiple “horrific” work-related emergency situatio

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Diversity and Inclusion Trends to Look Out for in 2021

Vantage Circle

In recent years, employers and business leaders around the world have been trying to predict the diversity and inclusion trends that will impact their work cultures the most. The first wave of the COVID-19 pandemic, a global lockdown, major events, protests, and conversations surrounding racism, systemic inequalities, and injustices, a new normal of remote working, an economic recession: there was a lot that the world had to grapple with.

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Living Paycheck to Paycheck? 7 Tips for Avoiding Extra Fees

Take It Personel-ly

Source Living paycheck to paycheck is exhausting. As soon as your paycheck comes in, you have to spend it all on necessities like rent, utilities, insurance, and paying off debt. There’s usually little, if anything, left for savings or recreational activities. Then, something even worse happens: you’re hit with a fee. You might have missed […].

Utilities 145
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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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Post-pandemic employee turnover: Why it’s happening and what to do about it

Insperity

Even with the arrival of the COVID-19 variants, workplaces are starting to establish and navigate their new, post-pandemic normal. Yet there’s another rising issue with which employers must prepare to contend: post-pandemic employee turnover. According to the 2021 Employee Engagement and Retention Report , commissioned by the Achievers Workforce Institute, 52% of employees in North America will look for a new job in the near future.

IT 139
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Reskilling the Future of Work

HR Digest

We are at a major inflection point that will largely determine the future of work. By 2030, according to a recent McKinsey Global Institute report, Jobs lost, jobs gained: Workforce transitions in a time of automation, 375 million workers – or roughly 14 percent of the global workforce – may need to switch occupational categories and learn new skills as digitization, automation, and advances in artificial intelligence (AI) disrupt the world of work.

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Workplace stress leads 49% of legal workers to job hunt

Employee Benefits

Half of legal professionals have looked for new jobs as a result of workplace stress, according to research. Legal technology firm Exizent conducted a survey of 52 people working in the law industry, with 49% saying they had actively searched for different employment because of challenges and stresses at work. More than half of those polled (56%) said stress at work during the pandemic has caused them to make mistakes.

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7 Countries with the Best Paternity Leave

Global People Strategist

Parental leave across the globe ranges from a total of three years to nothing at all. Paternity leave is an important topic to address as there are still several countries that do not offer fathers the same benefits as mothers. Many countries make the leave flexible by offering it as parental leave and open to utilization by either parent. Depending on your geographical location, company, and employment laws, paternity leave can vary.

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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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How to approach pay differences for employees doing remote work

Business Management Daily

Increased opportunities for remote work are likely to stay, opening up hiring opportunities across the country. However, questions of pay differences also come into play. Do you pay a remote sales rep in Boston the same as someone based in Boise? If an employee wishes to move now that remote work is available, do you change their pay to match the location?

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7 Great Ways to Create a Healthy Work Environment

Achievers

at makes a company a great place to work? Is it the perks? The location? Maybe the compensation? Ultimately, the key to creating and sustaining a high-performing organization is establishing a healthy work environment. Businesses that prioritize long-term success must show that they care about their employees, whether their team members are on-site, remote, or part time.

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How to Increase Remote Employee Engagement in 2021

Best Money Moves

How to increase remote employee engagement in 2021. As COVID-19 keeps workers at home, remote employee engagement strategy comes into focus for employers. With the COVID-19 Pandemic still sweeping through the United States, many people have been working from home for almost a year with no end in sight. Over two thirds of Americans who can work from home are continuing to do so, according to a 2021 survey conducted by Pew Research Trends.

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A Detailed Overview of Federal, State, and Local Minimum Wage Law

Patriot Software

True or false: As an employer, you can pay employees any amount you want. False. It’s 100% false. Why? Because of minimum wage law. But, what’s minimum wage? Depending on your business location, you might have differing federal, state, and local minimum wage rates. To ensure your business is compliant with labor laws, get to […] READ MORE.

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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.