401(k) Contribution Limits for 2024, Is There a ‘Right Way’ to Respond to Israel-Hamas War?, How to Boost Pay Communications, more

The IRS also announced defined benefit plan limits for next year.

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SHRM's HR Daily Nov. 2, 2023       You’re just getting started. Access compliance alerts, tools and more. JOIN NOW     Free SHRM People & Culture Virtual Retreat, Nov. 14, noon-4 p.m. ET   Keynote: People + Talent + Culture: HR's Vital Role in Creating a Better Workplace Fostering an inclusive workplace involves creating an environment where employees thrive physically, mentally and emotionally. Join SHRM President and Chief Executive Officer Johnny C. Taylor, Jr., SHRM-SCP, and Dr. Kenneth Matos, the global senior director at Culture Amp, as they discuss the vital role HR plays in creating a workplace where employees feel valued, safe and motivated to excel. Register Now     Here Are the 401(k) Contribution Limits for 2024 The much-anticipated contribution limits from the IRS were released yesterday. Here's how much employees will be able to sock away in the new year.     Is There a 'Right Way' to Respond to Israel-Hamas War? As the war between Israel and Hamas escalates, many executives are releasing statements, offering guidance to their employees and, in some instances, providing support to the region itself. While some companies have expressed support for Israel, many employees have begun to pressure their employers to make similar statements in support of Palestine.   Advertisement     Make employee gifting easy this holiday season with Tango! Recognize your employees, boost morale, and spread holiday cheer with meaningful and personalized rewards. Watch our on-demand webinar on holiday gifting, or if you want to reward your employees today, sign up and start sending gift cards, prepaid cards or cash payouts in less than 10 minutes. Click here to view the webinar | Click here to sign up today     MORE FROM SHRM ONLINE     Employers Boost Pay Communications—Regardless of Requirements  For all the effects that greater pay transparency appears to be having on the workplace, from a rise in job applicants to enhanced worker productivity, a recently released survey shows there's another consequence: More than half of employers are communicating with employees about pay policies—even organizations not legally required to do so.     Be Sure to Pay for Extra Hour of Work When Clocks Fall Back Daylight savings time ends on Nov. 5, and clocks will fall back one hour. This time shift may affect employers' obligations under minimum wage, overtime, and meal and rest break laws.   Advertisement     Manager Checklist: How to Prepare for & Conduct Performance Reviews As 2024 approaches, so do end-of-year performance reviews. And while reviews are standard, they can also be a source of stress for both you and your employees. Prepare for upcoming reviews and give your employees the feedback they need to improve using this checklist for managers. Download This Checklist From XpertHR Now     Women Get Less Value Out of Health Benefits High health care costs and financial stress are hitting all workers hard, but new data finds that female employees are feeling the strain even more than their male counterparts.     How to Support Employees with Hidden Disabilities About 33 million people in the U.S. have disabilities that others can't easily see, such as migraines, chronic pain or psychological disorders. Kara Yarnot, an HR specialist and recruiter who lives with several nonapparent disabilities, speaks with All Things Work podcast host Tony Lee about how employers can help people with hidden disabilities succeed in the workplace.     Reduce Sick-Leave Abuse Through Policy Reinforcement and Revisions Sick-leave abuse is a headache for HR, but whose fault is it—the employees who take too much leave or the employer's policies that may be allowing it? It might be both.     Advertisement   California Approves Law to Prevent Automatic Stays of Litigation Pending Arbitration California Gov. Gavin Newsom signed into law a bill that will allow plaintiffs in California to continue pursuing claims during the pendency of an appeal to an order denying a petition to compel arbitration.     California Raises Software Employee Pay Minimums for Overtime Exemption Beginning Jan. 1, 2024, California employers may have to pay overtime to more computer software employees.     SHRM WEBCASTS COMING SOON     How to Build a Sourcing Strategy: A Step-by-Step Framework Nov. 3, noon ET / 9 a.m. PT Sponsor: iCIMS Talent sourcing has been the top talent acquisition trend over the past few years; however, creating a full-sourcing strategy with limited time and resources sounds like a pipe dream. The good news is that with the right technology, it doesn't have to be. In this webinar, you'll learn how to get candidates into your system, nurture them and convert applicants; set up a sourcing calendar to spend a little time each week to get big results; and more.     Four Ways to Streamline the Employee Onboarding Experience  Nov. 6, noon ET / 9 a.m. PT Sponsor: GoCo Starting a new job can be overwhelming, with unclear expectations and numerous questions. A negative onboarding experience increases the likelihood of new hires seeking other employment opportunities, while streamlined processes result in 69 percent of them staying for three years. This webcast will offer insights on improving the onboarding experience. We will cover ways to reduce paperwork delays, foster a welcoming team atmosphere, create detailed onboarding plans and incorporate ongoing learning initiatives.     How to Start or Improve Stay Conversations Nov. 6, 2 p.m. ET / 11 a.m. PT Sponsor: BambooHR Turnover and retention are critical topics in nearly every industry right now. But efforts to keep turnover low and retention high can fail if you don't start with the most important conversation—the stay interview. In this session, learn the details of a stay interview—what you should and shouldn't include, how often they should be scheduled, who you should have stay conversations with, and why they're important to help you keep high-performing employees.     Cost-Effective Talent: Exploring Emerging Talent Hubs Nov. 13, 2 p.m. ET / 11 a.m. PT Sponsor: Multiplier Ready to tap into incredibly skilled and cost-effective talent pools from around the world? From burgeoning tech scenes to creative epicenters, you will learn where to find the talent you need without breaking the budget. Attend this tour of global talent hot spots and discover untapped potential just where you least expect it. During the session, you will discover diverse talent pools, evaluate ROI of talent expansion, navigate regulatory landscapes and develop scalable onboarding processes.     Upskilling and Reskilling: How to Prepare for the Future of Work Nov. 15, 4 p.m. ET / 1 p.m. PT Sponsor: Paycom In the current fiercely competitive job market, addressing your staffing challenges may hinge on how you approach employee development. By investing in upskilling and reskilling initiatives for your team, you can not only foster employee engagement but also ensure your organization remains appealing to top-tier talent. During this session, you will gain insights into the advantages of upskilling and reskilling, such as attracting high-caliber professionals to your organization, nurturing soft skills to promote internal growth, and enhancing overall engagement, productivity and staff retention.     View the complete schedule of SHRM webcasts.     HR JOB OF THE DAY   Need to hire highly qualified HR candidates or looking to move your own HR career forward? SHRM HR Jobs can help you reach your goals by connecting top employers with premier HR professionals. Now more user-friendly and with new features, including the ability to filter candidates by SHRM credentials. Visit SHRM HR Jobs to learn more. Director of Career Engagement - Washburn University - Topeka, Kan. (Onsite)     EXPRESS REQUEST     Daylight Saving Time Ends This Weekend When Daylight Saving Time ends on the first Sunday in November, nonexempt employees working when the clock "falls back" will be entitled to pay for that extra hour of work. Depending on relevant overtime laws, employers may need to consider that additional hour of work in determining employees' overtime compensation for the day and week. Visit SHRM's Daylight Saving Time Ends Express Request.     USEFUL LINKS   Did you miss the 401(k) Day Virtual Retreat? Great news—recordings are available with insightful content. Webinar on Nov. 9: Learn how to pull your free Salary Benchmark Job Report. Compliance Network Demo on Nov. 16: Access regulatory content at the drop of a hat and benefit from timesaving conveniences.     FEATURED WHITE PAPERS   The Future of Workplace Wellness   OFFERED BY: GoMo Health   Download this case study to learn about programs that have positively improved health and well-being for those touched by a substance use disorder. You'll also learn how fostering a recovery-ready workplace positively impacts your bottom line and improves employee retention and productivity.   READ MORE   Global Fertility at Work Report   OFFERED BY: Carrot   Fertility is not only a global health care concern, but also an important workplace issue. Read the full report for more insights on how fertility can impact people at work, and learn why fertility benefits are critical to recruitment, retention and inclusivity in the workplace.   READ MORE     Access more content and insights from SHRM's White Paper Library.       Connect with us on social!              1800 Duke Street, Alexandria, Virginia 22314 USA Contact Us | shrm.org This email was sent to manojdole1.Architectural@blogger.com. This email may contain advertisements. Unsubscribe or Change Email Preferences | Terms of Use | Privacy Policy © 2023 SHRM. All rights reserved.