February, 2024

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Do You Know Your Income Tax Rates?

Money Talk

With 2023 tax season well underway, now is a good time to examine income tax rates, which are a percentage of taxpayers’ income that is taxed. The U.S. income tax system is progressive, which means that taxes take a larger percentage of income from taxpayers with higher taxable incomes. Federal marginal income tax rates are established by Congress and change periodically.

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What is hybrid work? Definition, benefits, and best practices 

Achievers

The new normal isn’t so new anymore, and its staying power is perhaps most evident in the many organizations that have adopted a hybrid work model. Hybrid work helps organizations and employees realize the benefits of remote work without sacrificing the familiarity and stability of traditional in-person workplaces. Let’s take a look at how and why organizations are increasingly turning to hybrid work arrangements — and see whether it might be a fit at your company.

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What Is IN / OUT in the Year Ahead? Start Creating Artificial Intelligence Experiments

HR Bartender

Estimated reading time: 3 minutes Artificial intelligence (AI) is dominating today’s news cycles. What companies are using AI? What is this person or that person saying about the future of AI? What snafu did AI do lately? Don’t get me wrong. These articles can be helpful in understanding AI and its capabilities. But the other thing that can be helpful is actually working with it.

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How Gulliver’s Travels predicted AI and our attempts to make sense of it all

Workplace Insight

Gulliver’s Travels is one of those books we assume we know. But what we tend to recall is some stuff about Lilliput, giants, talking horses and possibly something about scientists trying to extract sunbeams from cucumbers. It’s really about one man’s descent into disillusion with the human race. It is acerbic, occasionally tediously detailed, and offers insight into some aspects of the human condition, which makes it timeless.

IT 124
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Recruit and Retain New Blue-Collar Talent

Blue-collar jobs have a branding problem. One company, GEON, partnered with Paycor to find the solution. Learn how to attract, engage, and retain blue-collar employees, helping them build meaningful careers – and support your company’s goals.

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Can employers solve the child care crisis?

Employee Benefit News

Working parents spend 20% of their income on child care — if they can even find it. Employers can offer a helping hand, and better benefits and workplace support.

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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 ways to attract and retain (without increasing base pay)

Achievers

In the 7th annual Engagement and Retention Report from Achievers Workforce Institute, the number one reason employees gave for job hunting in 2024 is better compensation. What does that mean for business leaders who need to attract, motivate, and retain with tight payroll budgets? The focus on compensation is new — historically career progression has been the top reason, and in 2023 work flexibility jumped to the top spot.

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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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Not everybody has the same experience of working from home so firms need to manage people better

Workplace Insight

A new meta-analysis published in the Journal of Occupational Health suggests that a one size fits all approach to working from home is best avoided, as the outcomes for people in terms of their productivity and wellbeing can vary enormously. The research, led by Charlotte Hall of Kings College London and the UK Health Security Agency, advises that employers should retain flexibility but be aware of the complex impact of remote work on different people.

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Bridging the Gap: The Intersection of DEI Initiatives and Employee Benefits

Speaker: Jaye Johnson, CBP

Unlock the secrets to transforming your organization’s employee benefits into a strategic tool for Diversity, Equity, and Inclusion (DEI). During this informative session, we will discuss common pitfalls in traditional benefits and then delve into the essence of DEI in employee-centric benefit offerings. This involves not only defining DEI in the workplace but also understanding the pivotal role that employee benefits play in fostering a diverse and inclusive environment.

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One-third unable to return to work full time due to childcare costs or availability

Employee Benefits

One-third (34%) of mothers in England said they are unable to return to work on a full-time basis due to childcare costs or availability, compared to just 12% of fathers, according to new Pregnant Then Screwed and Women In Data research. The former surveyed 35,800 parents in England, and the latter then extracted a nationally representative sample of 5,870 parents to create the 2024 State of the nation childcare report.

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What Is Talent Management? Best Tips for a Successful Strategy

Qandle

Talent management is the strategic process of attracting, developing, motivating, and retaining skilled individuals within an organization. It involves recruiting the right talent, providing opportunities for growth and advancement, fostering motivation through recognition and rewards, and creating a supportive work culture to encourage employee loyalty and commitment.

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Middle-Income Earners Can Be Millionaires

Money Talk

Many people think you need to earn a high salary (e.g., $100,000+) to become a millionaire. In reality, many people of ordinary means (i.e., middle-income earners like teachers and police) become wealthy over time and achieve a net worth (assets minus debts) of $1million or more. A key factor in their success is financial capability, which includes financial knowledge, decision-making skills, and habits.

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HR Trends of 2024 Help Ensure HR Does Not Become Obsolete

HR Digest

We’ve seen multiple reports regarding the HR trends of 2024 and there is concern across the board regarding job security and whether specific jobs will become redundant in the next few years. Whether you work in a broad HR role that covers multiple tasks and responsibilities or your role gets more streamlined into one area such as recruitment or talent retention, you should find some comfort in knowing that HR roles will never become entirely obsolete.

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How to Implement Pay Transparency: A Comprehensive Guide

With pay transparency legislation on the rise globally, it can be difficult for organizations to navigate how to share salary ranges due to administrative complexities, lack of clear job architecture, employee reactions, and more. To help make this process easier, Barley's comprehensive guide shares how to begin implementing pay transparency while staying true to your compensation philosophy.

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Job Seeker Wants Their Own Social Media Background Check – Ask #hr bartender

HR Bartender

Estimated reading time: 4 minutes I received a reader question recently that I’ve honestly never heard anyone ask before. It’s about doing your own social media background check. Hello. I need a referral for a company that will do a normal employment type background check on me. I’m over age 50 and have a lot of good consistent experience. I have been sending my resume around and had a couple call backs but no offers to hire yet.

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Changing shape of workplace is creating new opportunities for property market

Workplace Insight

After a challenging environment for commercial real estate in 2023, its fallout provides investors, developers and corporate occupiers with significant opportunities for value creation and transformational organisational change in 2024, says leading property management and investment firm, Colliers (EMEA) in its new market commentary: ‘ Engage, activate and accelerate performance: next generation real estate strategies’ [registration].

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40% of UK staff feel supported through the cost-of-living crisis

Employee Benefits

Just 40% of UK employees feel their organisation is supporting them through the cost-of-living crisis , according to research by Reward Gateway. Its HR priority report , which surveyed 1,001 HR decision makers and 2,026 UK employees, also found that more HR leaders believe mental wellbeing should be a top priority in 2024 than financial wellbeing, at 60% and 55% respectively.

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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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5 Trends to Help Your Organization Boost Job Satisfaction and Productivity

Treating your workforce as the organization’s top priority improves customer satisfaction and revenue growth and can boost job satisfaction and productivity. Read about five trends that are helping organizations around the country improve their people’s career well-being.

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What is Time and Attendance Management in HR?

Darwinbox

Time is a precious resource, especially within the realm of human resources (HR). Effective time management is vital for organizations to run smoothly and efficiently. This is where time and attendance management comes into play. This article provides an overview of the importance of time and attendance management in HR. It discusses the benefits of implementing a time and attendance management system and the various features that can be utilized.

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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.

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Why is Advertising Important in the Recruitment Process?

HR Lineup

In the competitive landscape of today’s job market, attracting top talent is crucial for the success and growth of any organization. With the rise of digital platforms and social media, advertising has become an indispensable tool in the recruitment process. In this article, we delve into the multifaceted importance of advertising in recruitment, exploring its role in attracting qualified candidates, shaping employer branding, and driving organizational growth.

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Why changing with the seasons is key to the all-weather workplace

Workplace Insight

Love it or hate it, weather chat is part of Britain’s day to day – yet in the world of work it’s not just casual small talk. In fact, the seasons have a real impact on how we feel and perform. The change in seasonal characteristics influences what employees need from where they work. Looking after employee wellbeing and putting individuals in the best position to be productive at work means different things throughout the year.

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Fertility Benefits for Every Age: A HR Roadmap from Gen Z to Baby Boomers

Speaker: Lauri Armstrong, SHRM-SCP - Sr. Director, People Operations at Carrot Fertility

Today’s workforce includes multiple generations of employees all looking for something different from their benefits package. While meeting these disparate needs can be challenging, a comprehensive fertility benefit can support everyone from junior staffers learning about their fertility health to senior leadership managing menopause and low testosterone symptoms.

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Lee McIntyre-Hamilton: Changes to national insurance and the impact on employment

Employee Benefits

The new year has already brought some welcome news for employees, with the cut in employee national insurance contributions (NICs) from 12% to 10%. As of 6 January 2024, the cut means that all employees who currently pay NIC will benefit. The extent of the savings will depend on an employee’s salary , with annual savings of £457 for employees on average earnings of £35,400 and £754 for employees earning over £50,270 per annum.

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Child care, PTO and upskilling: Moms share what they need to succeed

Employee Benefit News

Experts from the University of Phoenix and MomsRising break down how employers can help low-income moms overcome career barriers.

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Four High Deductible Health Plan Mistakes to Avoid

InterWest Insurance Services

With more than half of all private sector employees enrolled in high-deductible health plans , it’s important that employers have in place certain protocols to ensure that they are a success. As health insurance costs have risen, more employers have started offering their employees this option as the upfront premiums are often lower than with other plans.

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HRAs for dummies

PeopleKeep

Healthcare is often a complex and confusing topic, especially when it comes to navigating insurance plans and understanding the different options available to your organization. One such option that many business owners and HR professionals may not be aware of is a health reimbursement arrangement (HRA). HRAs have become increasingly popular in recent years as a way for employers to offer affordable healthcare benefits to their employees.

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Combatting the Effects of Inflation: Keeping Benefits Competitive While Cutting Cost

Speaker: Jaye Johnson, CBP - Employee Benefits and Total Rewards Leader, World at Work Content Author, and Speaker

After years of facing the global pandemic, we are now struggling with a new problem: inflation. No one could have predicted the impact of inflation on employee benefits and how it affects both employees and employers. Employers are now trying to maintain or lower the cost of benefits while competing for talent in a competitive and tight labor market, but the rising costs of consumer goods and healthcare make it extremely difficult to consider increasing their benefit offerings.