Health Care Costs Going Up, What HR Should Expect in 2024, Minimum Wage Proposal of $17 an Hour by 2029, more

Prescription drugs will be especially costly in the coming year.

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SHRM's HR Daily Jan. 3, 2024       You’re just getting started. Access compliance alerts, tools and more. JOIN NOW     Have You Seen the All-New SHRM.org?   We're excited to have you browse through our new site, use our streamlined navigation, more powerful search engine and other new and exciting resources!     Insurers Say Health Care Costs Will Jump in 2024 A pair of new surveys finds that U.S. health costs will rise significantly in the new year, which may have significant implications for many organizations.     New Trends HR Should Be Ready for This Year The new year looks to be full of amazing potential and ongoing challenges for HR. Columnist Paul Falcone explains how talent acquisition and management, economic and supply chain issues are expected to continue, while myriad political views will take center stage during this election year.   Advertisement     12 Warning Signs It's Time for Better Time Tracking Glitchy, inefficient time tracking processes have gone unchecked—or grudgingly tolerated—for far too long! A lot of little nuisances can add up to heaps of lost time and productivity, so we're here to help you start building the case for a switch to something better. Get the List of Warning Signs!     MORE FROM SHRM ONLINE     Minimum Wage Proposal Would Reduce Poverty but Cost Jobs, CBO Says Raising the federal minimum wage to $17 an hour by July 2029 could increase wages for more than 18 million people but also put about 700,000 Americans out of work, according to a study by the Congressional Budget Office (CBO).     State Department Releases Criteria for H-1B Domestic Visa Renewals A small number of H-1B workers will have the opportunity to participate in the U.S. Department of State's domestic visa renewal program starting Jan. 29, 2024.   Advertisement     Unhappy employees quit, happy ones stay. Employees want to be happy at work. Businesses need to attract the best people, get things done, and retain talent in order to be successful. Learn how happiness reduces turnover and helps you keep the 48% that consider leaving. amazingworkplace.com. Register now - Jan 18, 2024     Premium Processing for Immigrant Workers to Increase with Inflation Employers seeking to hire foreign nationals will need to factor new premium processing fee increases into their immigration budget planning this year.     Ask HR: How to Respond to a Poor Performance Review What should employees do when they feel they've received an unfair or unexpected poor performance review? Are workers on leave under the Family and Medical Leave Act protected from layoffs? SHRM President and Chief Executive Officer Johnny C. Taylor, Jr., SHRM-SCP, answers HR questions each week for USA Today. Do you have an HR or work-related question you'd like him to answer? Submit it here.     Advertisement   COURT REPORT     Smoker's Widow Entitled to Black Lung Benefits Act Survivor's Award An appeals court decision recently upheld an award of survivor's benefits under the Black Lung Benefits Act to the widow of a coal mine worker who had been a smoker.     State Owes Damages for Refusing to Deduct Union Dues The Iowa Supreme Court recently ordered a public employer to pay a union damages equivalent to the dues that would have been deducted from employees' paychecks under the applicable collective bargaining agreement despite a newly effective state law prohibiting dues deductions.     SHRM WEBCASTS     How to Drive DE&I with Appreciation: Findings from Gallup Jan. 8, 2 p.m. ET / 11 a.m. PT Sponsor: Workhuman In this webcast, we'll unveil recent research linking employee recognition to diversity, equity and inclusion (DE&I) initiatives, drawing on Gallup's collaborative study with Workhuman. The discussion will center on recognition as a crucial tool for reducing burnout and turnover and fostering inclusivity, supported by evidence-based insights from Gallup. The session will explore the significance of integrating recognition into organizational culture, emphasizing the connection between authentic praise and an inclusive workplace, and conclude with strategies for leaders to energize, engage and retain talent by appreciating individual uniqueness.     America's Labor Shortage and the Scholarship Solution Jan. 10, noon ET / 9 a.m. PT Sponsor: Scholarship America Scholarships aren't just a feel-good story; they can be a valuable investment in a diverse future workforce, especially when targeted toward the communities your company wants to reach. In this program, Shantae Joseph, senior vice president and DE&I leader at Wells Fargo, and Arien Telles, director of product management and strategy at Scholarship America, share how their partnership helps students overcome financial need and pursue their college and career goals while also helping Wells Fargo identify, recruit and retain skilled new talent.     From Insight to Impact: Winning CEO Support for Talent Intelligence Jan. 11, noon ET / 9 a.m. PT Sponsor: Eightfold.ai HR leaders leverage deep-learning artificial intelligence to enhance the talent life cycle, covering recruitment, development and retention. The broader organization, including the C-suite, must recognize the significance of talent intelligence amid the growing influence of generative AI and other departments seeking advanced AI capabilities. Join this webcast to explore why executives should prioritize talent intelligence in 2024 and learn strategies to secure executive support, discussing the business case, real-time skills insights and engagement approaches for HR initiatives.     Just Enroll with It: How to Empower Your Employees Post-Enrollment Jan. 24, 2 p.m. ET / 11 a.m. PT Sponsor: Colonial Life As annual enrollment comes to a close, HR is often bombarded with questions from employees. How can small businesses deal with this influx of time-consuming questions? In this program, enrollment experts will provide practical solutions to streamline post-enrollment processes. Even more importantly, you will learn how to build a year-round benefits education and communication strategy.     Talent Effectiveness Across the Employee Lifecycle Jan. 24, 4 p.m. ET / 1 p.m. PT Sponsor: Rippling The quality of your talent has a drastic impact on business performance: Your company's ability to reach its goals depends on your HR team's ability to effectively and efficiently attract, onboard, engage, develop, retain and manage talent. In this webinar, we will cover how a systematic approach to managing talent across the employee lifecycle is essential to outperform competitors and set your business up for long-term success. We'll highlight tools, processes and people management tactics that HR can deploy to become a key strategic driver of business impact.     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. Payroll/HR Administrator - Mark Morris Dance Group - Brooklyn, N.Y. (Onsite)     USEFUL LINKS   SHRM Members take 25% OFF any of our three most popular job posting packages. Cut through the clutter of traditional job sites to find your next HR hire faster! FMLA Manager Online Leave Tracker Demo on Jan. 15: Learn how the FMLA Manager system can automate your leave tracking. ​Attend a Better Workplaces Challenge Cup Competition to discover new HR tech and earn PDCs. The 2024 competitions start in March. Reserve your seats today!     FEATURED WHITE PAPERS   The Future of Workplace Wellness   OFFERED BY: GoMo Health   Download this case study to learn about programs that have 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   The Leader's Guide to Workforce Health Equity   OFFERED BY: American Heart Association   This guide provides employers with an actionable blueprint to address health inequities and positively impact the health of their workforce. It gives business leaders the tools they need to build an employee-centric, equity-minded culture of health and well-being.   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 © 2024 SHRM. All rights reserved.