2024

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Five Ways for Women to Take Charge of their Financial Futures

Money Talk

I recently attended a webinar about women’s finances presented by the FINRA Investor Education Foundation in cooperation with the New York Public Library. The webinar began with a justification for focusing on financial planning for women. Among the statistics that were presented from various studies are the following: ¨ 37% of women have high financial knowledge (vs. 57% of men) ¨ 59% of women feel anxious about their finances (vs. 52% of men) ¨ 48% of women (vs. 40% of men) find it very or som

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Transparency Is an Important Part of the Employee Experience

HR Bartender

Estimated reading time: 4 minutes I saw this headline recently on CNBC – “ Over half of employees have no idea how their companies are using AI ”. We know AI (artificial intelligence) is a regular headline in today’s news. This article shared the results of a survey that said: Companies estimate that 70% of their workforce will use AI by 2028. 75% of employees would be more excited about AI if the company was more transparent about how the technology is being used. 54% of employees have no idea

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Nike Layoffs Announcement to Affect 740 Employees by June 28

HR Digest

The Nike layoffs announcements from back in February will soon finish taking shape in June, as 740 employees from their World Headquarters in Oregon will be asked to leave. The company had announced a 2 percent reduction of the workforce, targeting a reduction of at least 1,600 employees over time. Nike’s layoffs within its workforce are part of a much larger cost-cutting strategy after their last annual report in December did not see profitable results to the degree the company had expected.

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Electric arc furnaces could turn old concrete into zero-carbon cement

Workplace Insight

Concrete and steel production are major contributors to global CO2 emissions, but a new technology from Cambridge University offers a promising solution: recycling both materials simultaneously. This innovative process involves using old concrete in steel-processing furnaces to not only purify iron but also generate “reactivated cement” as a by-product.

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Using an HSA to Save for Health Care in Retirement

Saving for retirement is no easy task, and as an employer we know you want to help your employees get what they need out of their retirement benefits. With a health savings account (HSA), you can relieve the burden of health care costs for both you and your employees. With our new report, “Using an HSA to Save for Health Care in Retirement,” you can get insights on the costs of a modern retirement and dive into the details of the triple-tax benefits HSAs offer.

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Paternity leave for bereaved partners bill passed into law

Employee Benefits

The Paternity Leave (Bereavement) Act 2024 has been passed into law to give working fathers and non-birthing partners automatic rights to immediate paternity leave if the mother dies. The Act, which received Royal Assent on the last day of the current Parliament on Friday 24 May, ensures that bereaved fathers or non-birthing partners will automatically get the right to day-one paternity leave if the mother, or a person with whom a child is placed or expected to be placed for adoption, dies.

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Signs of Burnout at Work and What to Do about It

BetterUp

Burnout is a relatively new term for a relatively common experience. Coined in 1974 by psychologist Herbert Freudenberger , it’s more than just feeling a little “stressed out.” Left unchecked, burnout can show up as physical, mental, and emotional illness — and can have some pretty devastating impacts down the road. But what is burnout, what causes it, and how can you deal with it?

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What are the HRA attestation requirements?

PeopleKeep

The qualified small employer health reimbursement arrangement (QSHERA) and the individual coverage HRA (ICHRA) are personalized health benefits that allow employers to reimburse their employees tax-free for their health insurance premiums and other out-of-pocket medical expenses. Employees must have a qualifying form of individual health insurance to participate in an ICHRA, but they can have any coverage that meets minimum essential coverage (MEC) to participate in a QSEHRA.

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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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2025 HSA contribution limits increase to $4,300, $8,550

WEX Inc.

Key takeaways – 2025 HSA contribution limits 2025 HSA contribution limits will increase to $4,300 and $8,550 for self-only and family HSAs, respectively. 2025 HDHP minimum deductible and maximum out-of-pocket limits also are increasing. Health savings account (HSA) contribution limits are on the rise again in 2025. The IRS announced that 2025 HSA contribution limits will increase to $4,300 for self-only HSAs and to $8,550 for family HSAs.

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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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How to Maximize Productivity with Employee Time Tracking?

Hppy

Paul J Meyer, famously considered the founder of the self-improvement industry, once said, “ Productivity is never an accident. It is always the result of a commitment to excellence, intelligent planning, and focused effort.” These words encapsulate the essence of a truth universally acknowledged in both personal and professional development realms.

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3 Strategies to Boost Workforce Mental Health

TalentCulture - Employee Benefits

Are you bracing for “Blue Monday“? The third Monday in January has become notorious as the saddest day of the year. Its dubious reputation stems from a perfect storm of seasonal factors that conspire against us — dreary winter days, post-holiday debt, and failed New Year’s resolutions. But debilitating sadness often lasts more than a […] The post 3 Strategies to Boost Workforce Mental Health appeared first on TalentCulture.

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Leadership Do’s and Don’ts

Achievers

Good leadership is the cornerstone of any successful business. You want to ensure that you’re offering useful and helpful leadership to your team, but you’re not sure where to start. For HR leaders, this gets even more tricky as you’re expected to set an example for the entire organization. Achievers Workforce Institute (AWI)’s 2023 research on manager effectiveness found that on average, only one-third of HR leaders say that their company does a good job of supporting managers to be better lead

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The Art of Conducting a Comprehensive Training Needs Analysis

HR Digest

In this comprehensive guide, we will delve into the intricacies of what training needs analysis is, and explore its various components, best practices, and the step-by-step approach to implementing it effectively. Whether you’re a seasoned HR professional or a business leader seeking to optimize your training programs, this article will provide you with the insights and strategies necessary to elevate your organization’s learning and development initiatives as you learn how to conduc

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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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People must take the lead on hybrid working to drive highest returns

Workplace Insight

A new report from workplace technology provider Eptura suggests that employee-led hybrid working models and connected technology drive the highest returns for businesses. According to its first half 2024 Workplace Index report [registration], companies with hybrid working models in which employees can choose when to come to the office are seeing the most benefit.

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How to strike a balance between managing staff wellbeing and financial pressures

Employee Benefits

Credit: Andrey_Popov/Shutterstock Need to know: The cost-of-living crisis is forcing more employees to take on additional work due to financial pressures, raising concerns around burnout. Pay strategies such as targeted pay increases, performance-related bonuses and earned wage access can help. Employers need to ensure there is a culture where people can discuss financial concerns.

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The 10 Best Employee Survey Tools for 2024

Vantage Circle

It's a daunting task for HR teams to keep employees pumped up and engaged these days. One powerful way to check their pulse is through Employee surveys. However with many employee survey tools out there, choosing the right one feels overwhelming. A top-notch employee survey tool needs to tick some big boxes. We're talking of simple interfaces for sharing honest feedback.

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7 Networking Email Templates & Examples

BetterUp

Jump to section The importance of networking 4 online networking examples How to write a networking email: 7 templates for any situation 4 networking tips Build better connections

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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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How does the QSEHRA work with Medicare?

PeopleKeep

As of March 2023, Medicare covers more than 65 million Americans, according to the >Centers for Medicare & Medicaid Services 1. If you're enrolled in Medicare or have several employees on Medicare, you may be wondering if it works with the qualified small employer health reimbursement arrangement (QSEHRA). In this article, we'll clarify how the QSEHRA works for employees who have Medicare in any form.

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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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Paid parental leave: The must-have employee benefit for top talent

Business Management Daily

Paid parental leave policies are an excellent way to enhance employee benefit offerings and support the well-being of new parents within your Company. Offering robust benefits, including parental leave, can also help support more competitive recruiting and better retention. Employees often prioritize leave and benefits offerings when considering where to work.

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3 Non-Monetary Incentives for Employees

Hppy

Employee appreciation is a great way to keep your staff motivated and elevate your employer branding. You can reward them with cash bonuses and other monetary compensation types. However, this isn’t the only way to appreciate your workforce. Non-monetary incentives are innovative ways to reward your employees outside the standard benefits and financial compensation.

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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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The Swedish Strike against Tesla Persists with No Clear End in Sight

HR Digest

Promoting collective action is the hallmark of a labor union and the current Swedish strike that Tesla is facing is an obvious testament to that fact. The strike against Tesla began on 27 October when a company subsidiary refused to sign a collective agreement with IF Metall—a labor union that represents the Tesla mechanics in the region. Elon Musk, co-founder and CEO of Tesla, has long stood firmly opposed to labor unions, stating that they created negativity within a company, despite unions be

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Employee Reskilling Is The Answer to the Talent Shortages At Work

HR Digest

The need for reskilling and upskilling in the working environment has been at the forefront of many HR conversations and employee reskilling especially is likely to require considerable investments in the upcoming years. While keeping up with changing times has always been a necessary consideration regardless of the industry, the rapid upsurge of technology recently has really highlighted the need for reskilling programs in order to understand how to do a job you might have been doing for years

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Bringing workplaces back to their prime requires a holistic approach

Workplace Insight

The pandemic radically changed the way we work and kick-started the proliferation of the hybrid model and widespread remote work. Now the picture has shifted once more, with headlines pointing to increasing return to the office policies introduced by organisations, with greater productivity and collaboration among their top reasons for doing so. Dubbed the year of the ‘Great Office Return’ by Virgin Media 02 Business Movers Index , 2023 saw four in ten companies mandating a return to the five-da

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Not luddite dinosaurs but the sensible voice of caution on AI. And you need to listen

Workplace Insight

In my line of work, it is easy to get away with not being au fait with technology. Having previously laughed off my ineptitude saying ‘there’s a reason I work with people not machines!’ I never considered I had a place in the realm of all things IT and computers. Until I discovered AI. More specifically, Deep Neural Networks. With a specialism in Neuropsychology, I was intrigued by a discipline that aimed to recreate that which we barely understand; the human brain.

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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.