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COVID-19 Pandemic Contributed to Career Setbacks, Research Shows

HRWatchdog

Mentor-mentee relationships can also benefit existing staff, as well as an employee’s overall employee retention outlook and team’s job satisfaction. “Now is the time for managers to invest in upskilling, review performance goals and develop mentoring programs that benefit all employees,” McDonald said. Not a member?

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2024 HSA, FSA, Retirement Plan Contribution Limits Announced

HRWatchdog

In addition to all the new 2024 employment laws , employers should be aware that the Internal Revenue Service (IRS) has released the 2024 annual inflation adjustments for certain health and retirement benefits. The HSA limits, which are indexed for inflation every year, will increase in 2024.

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2024 Employee Benefits Trends: Focus on Employee Wellbeing

Best Money Moves

2024 Employee benefits trends: Focus on employee wellbeing. The right benefits strategy is key to employee satisfaction. Here are the top 2024 employee benefits trends. Employee benefits are a driving force keeping your workforce satisfied. 4 Top 2024 Employee Benefits 1.

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Workers’ Comp: Ways to Protect Employee’s Health Benefits

HRWatchdog

How long do we have to continue to pay for his health insurance? A&A Farming that the Employee Retirement Income Security Act (ERISA), the federal body of law that governs health benefit plans, preempted the state law. This means that workers’ compensation does not protect an employee’s health benefit plan.

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5 Benefits to Help Employees Cope with Inflation

Best Money Moves

5 benefits to help employees cope with inflation. Here’s how employers can support their teams cope with inflation with the right benefits choices. . According to BenefitsPro, 82% of HR executives are concerned that their employees’ personal finance issues affect workplace productivity. . Improved Retirement Benefits.

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Enrich

HR Lineup

By addressing the financial concerns of employees, organizations can not only improve their workforce’s overall quality of life but also benefit from increased engagement and reduced absenteeism. These assessments analyze income, expenses, debt, and savings to create a clear picture of their financial health.

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How Much Does Financial Illiteracy Cost Your Team?

Best Money Moves

Beyond being a major distraction, this additional stress has many dangerous mental health implications for employees. Employees make some of their most important financial decisions in the workplace, whether they are beginning a retirement plan or choosing a health insurance provider.