Money Talk

MAY 24, 2023

I recently attended a virtual conference sponsored by FERMA , which included dozens of sessions about topics of interest to personal finance educators and researchers. Below is a summary of new and/or useful information that caught my attention: Fast Fashion - Key characteristics are short production and distribution lead times, highly fashionable product design through continuous trend spotting, and a sense of urgency and scarcity so consumers make frequent purchases.

Education 185

Education Retail Finance Manufacturing 185

BetterUp

MAY 25, 2023

Feeling like all you do is work? You’re not alone. Several statistics show that more than 60 percent of U.S. employees feel like their work-life balance is out of whack. But how do you balance your work-life with so much work happening at home? And how do you balance your workload to be more efficient? Is it more than just hitting a weekly yoga class ?

Management 119

Management IT 119

Employee Benefits

MAY 29, 2023

Benefits on offer at XDesign: Pension and group risk Group personal pension (GPP) plan with salary sacrifice arrangement for all employees. Employer and employee contributions of 4%, matched up to 5%. Life insurance. Critical illness leave at full pay for the first six months, and half pay for the following six to nine months. Healthcare and wellbeing Private medical insurance (PMI) scheme, employer-funded for all employees.

Pension 106

Pension Employee Recognition Life Insurance Salary 106

Employee Benefit News

MAY 22, 2023

Healthcare 122

Healthcare Employee Benefits 122

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.

Employee Benefits

Business Management Daily

MAY 3, 2023

Poor communication in the workplace can happen at any and every level. Regardless of whether it involves top brass or a brand-new hire, the result is often an undesirable mess. But what does poor communication look like? Many people might explain it differently, yet we typically recognize it when we see it. In order to improve communication , it’s necessary to understand what poor communication skills look like and their negative impact on the workplace.

Management 124

Management Taxes Insurance Medical 124

HR Digest

MAY 12, 2023

You may ask what exactly “ at-will employment” is. You are definitely not alone in thinking so, many people do not know the definition of at-will employment, or the legalities of the same, despite most of the employment relationship in U.S. are “at-will” except when you have a contractual agreement. At-will employment, simply defined as “an employer can fire an employee at any time for almost any reason without any legal liability.

Employment 117

Employment IT Recruitment 117

Proskauer's Employee Benefits & Executive Compensa

MAY 26, 2023

In Central States v. Wingra , No. 21-cv-3684, 2023 WL 199360 (N.D. Ill. Jan. 17, 2023), the district court held that an employer expelled from a multiemployer pension plan may not owe withdrawal liability because the permanent cessation of the employer’s obligation to contribute was not voluntary. While the court subsequently limited the decision as being for discovery purposes only ( see Central States v.

Employment 101

Employment Pension IT 101

Employee Benefits

MAY 24, 2023

Manchester-headquartered logistics services business Cardinal Global Logistics has transitioned to an employee ownership model to mark 25 years in business. The business, which employs more than 400 employees, aimed to create an environment where every member of staff has the same opportunity to become a partner in its democratisation model, sharing in the profits it generates each year.

Employee Benefits 111

Employee Benefits Employment Banking Management 111

Employee Benefit News

MAY 12, 2023

Healthcare 123

Healthcare 123

Advertiser: Paycor

Discover the power of AI in recruitment with Paycor’s complete guide. Learn how to streamline your hiring process, increase interview pipeline, uncover candidates other tools miss, and save time. Get ready to revolutionize your talent acquisition strategy today!

Recruitment

InterWest Insurance Services

MAY 26, 2023

While drugmakers have been assailed for years for increasing their prices and driving the cost of medications higher and higher, there is another player in the health care space that is receiving increased scrutiny: pharmacy benefit managers. PBMs are intermediaries, acting as go-betweens for insurance companies, self-insured employers, drug manufacturers and pharmacies.

Insurance 98

Insurance Out of Pocket Cost Medical Manufacturing 98

BerniePortal

MAY 25, 2023

Veterans have it hard enough when they return home. Many experience life-changing injuries while in the armed forces, and it can be difficult to manage medical needs and expenses once stateside. According to the Bureau of Labor Statistics, 27% of veterans have a disability incurred while in service, and 2.8% are unemployed. Between the stresses of disabilities and unemployment, veterans face a tough challenge re-entering their communities.

Medical 98

Medical Management IT Recruitment 98

HR Digest

MAY 24, 2023

In a poignant turn of events, entertainment giant Disney has commenced its third round of layoffs, casting an unsettled shadow of uncertainty and anxiety over its divisions. Disney’s layoffs in 2023 will be handing over pink slips to 2500 employees. The division slated to be impacted by the impending Disney job cuts in round three remains shrouded in mystery.

Payroll 105

Payroll Entertainment Media IT 105

Proskauer's Employee Benefits & Executive Compensa

MAY 12, 2023

A recent Seventh Circuit decision affirms the principle that an ERISA severance plan can reserve to the employer discretion over who is eligible for severance benefits. The case is Carlson v. Northrop Grumman Severance Plan , No. 22-1764, __ F.4th __, 2023 WL 3299703 (7th Cir. May 8, 2023). The case involved former Northrop Grumman employees who were laid off in 2012 and claimed a right to severance under Northrop Grumman’s severance plan.

Human Resources 110

Human Resources Employment IT 110

Speaker: Mallory Herrin, CEO & Principal HR Consultant at HerrinHR

Your employees are your most valuable resource. If you want to retain employees and keep them happy, you want to make the incentives more valuable. With a full-stack employee experience, culture, health, wellness and benefits navigation solution, you can provide employees with the wellbeing support they need. The results? Employees who are happier, healthier, and more engaged, as well as a business that is thriving both internally and externally, every day.

Employee Wellness

Employee Benefits

MAY 29, 2023

Employee benefits are an important aspect of any job, but can be overlooked when thinking about changing roles. Depending on those on offer, benefits can be just as valuable as a pay rise , and in some cases, even more valuable. It is quite natural for us to focus on salary. After all, we all need to make a living. However, benefits are an important aspect of any offering from an organisation, as good benefits can provide security, flexibility, and peace of mind, contributing to a more positive

Employee Benefits 98

Employee Benefits Salary Pension Disability Insurance 98

Employee Benefit News

MAY 2, 2023

Work From Home 122

Work From Home Recruitment Technology 122

HR Lineup

MAY 14, 2023

Workflow management is the process of streamlining business operations to achieve maximum efficiency and productivity. It involves the creation, optimization, and automation of a sequence of tasks or processes that are necessary for completing a specific business objective. Workflow management helps organizations achieve their goals by enabling them to focus on their core competencies while delegating time-consuming administrative tasks to automated systems.

Management 105

Management Healthcare Manufacturing Software 105

Workplace Insight

MAY 24, 2023

New research from the CIPD suggests that an estimated 4 million people have changed careers due to a lack of flexible working options, while an estimated 2 million have left a job in the last year for the same reason. As a result, the CIPD is warning that businesses may face a talent exodus if they fail to offer more flexible choices to people. The CIPD’s latest report, which explores employee and employer perspectives towards flexible and hybrid working practices, highlights that offering them

Employment 98

Employment Consulting Government Education 98

Speaker: Jennifer Brick, Career Strategist and Author

Your employees have checked out. The last few years have been a wild ride, with countless changes to how we work and our workplace cultures, like the sudden shift to remote work, the return to office, and trends like quiet quitting. With productivity, profitability, and your employer brand on the line, leadership is turning to HR to engage employees and recreate your culture in different working models.

Human Resources

HR Digest

MAY 25, 2023

The deeply embedded generational norms and cultural taboo of sharing salaries are being eroded as a new wave of pay transparency rules inundated America’s workplace problems. At the beginning of 2023, Washington, New York, and California joined Colorado’s leaders in preparing for salary transparency for most open jobs. This article discerns the contours of workplace problems and equity challenges that have long been shrouded in the garb of pay.

Salary 104

Salary Employment Employee Benefits IT 104

Proskauer's Employee Benefits & Executive Compensa

MAY 4, 2023

A third district court has dismissed with prejudice a complaint alleging that defendants breached their fiduciary duties under ERISA by offering 401(k) plan participants the option to invest in BlackRock LifePath Index Target Date Funds (the “Funds”). Beldock v. Microsoft , Case No. 22-cv-1082 (W.D. Wash. Apr. 24, 2023). Although the outcome of the court’s ruling here is consistent with earlier decisions, the rationale underlying the Beldock decision arguably goes further than in prior rulings

Food 110

Food IT 110

Employee Benefits

MAY 30, 2023

What does community spirit have to do with the employee experience? Quite a lot By 2025, Millennials will make up 75% of the global workforce, and they’re looking for socially responsible employers. Core Values Research from 2003 suggested that graduates would be willing to forgo up to 20% of their salary if it meant working for a socially responsible organisation.

Employee Benefits 98

Employee Benefits Salary Employment IT 98

Employee Benefit News

MAY 19, 2023

Management 116

Management Recruitment 116

Speaker: Julie B. Chavez - VP, Strategy & Alliances at Carrot

As HR and total rewards professionals, we are often seeking opportunities to foster a better sense of community and belonging amongst employees - ensuring that all employees have an equitable opportunity to receive fertility treatments is one of the many ways this can be achieved. Fertility benefits make it possible for employees to access treatments like IVF.

Human Resources

Business Management Daily

MAY 12, 2023

Data brokers are already in your workplace, surveilling your employees and selling what they gather, whether you know it or not. And we’re not the only one who thinks there’s a creep factor here. The Consumer Financial Protection Bureau recently published a request for information regarding data brokers. The Federal Trade Commission recently dinged a digital healthcare platform for sharing consumers’ sensitive health information for advertising purposes.

Mining 105

Mining Employment Payroll Commissions 105

Workplace Insight

MAY 24, 2023

The restrictions brought about by COVID-19 altered where we work and thus also how, when and through which channels we do work related activities. These changes radically altered the way previously office-based workers thought about ‘work’ as an activity. This new era of hybrid working had a significant impact on traditional models of workplace provisioning.

Work From Home 98

Work From Home Employment IT 98

HR Digest

MAY 16, 2023

Learn how to handle workplace harassment investigation questions effectively in this comprehensive guide for HR professionals. Gain insights on conducting internal investigations, addressing employer responsibilities, and navigating common challenges. Equip yourself with the tools to promote a culture of respect and inclusivity within your organization.

Employment 104

Employment Human Resources IT 104

BetterUp

MAY 15, 2023

Networking usually involves meeting new people who share a profession, industry, or interests. But how do you network, and why is networking so important?

IT 111

IT 111

Speaker: Alex Anderson - Total Rewards Strategist at Lockton Companies | Leo Tokar - President, People Solutions and Partner at Lockton Companies

The workforce of today has a completely different perspective on total rewards, and it's time for businesses to adjust to meet their requirements. Employees want more personalization. In fact, the most common inquiry that total rewards experts receive from workers in all fields is how much control they should have over their compensation and benefits.

Human Resources