What Is a Health Savings Account?


Health savings accounts, or HSAs, are tax-advantaged savings opportunities for people with a high deductible health plan. A health savings account (HSA) is a type of savings account that lets you use pretax money to pay for your current and future medical costs. Health Money

Health 170

Why It Pays To Promote Mental Health In The Workplace


Mental Health Awareness,? Employers need to maintain a continuous focus on the psychological health of their employees in order to thrive as business entities. . Allwork.Space spoke to psychologist and mental health advocate, Bill Howatt, Ph.D.,

Health 247

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KPMG Opens Its Doors For Cambridge Researchers To Study Wellness Policies


KPMG will allow researchers from the University of Cambridge to study all facets of their current policies and whether they are improving the mental wellbeing of KPMG’s 16,000 UK employees.? . Work-life FUTURE OF WORK® Mental Health Work-life Balance Workplace Wellness

JPMorgan Executive Informs Some Employees Of New Hybrid Work Policies


A memo to JPMorgan “CTO and TRAIN” members revealed that some employees would be able to shift to a hybrid work arrangement following internal backlash over the company’s staunch office-return policies. .

Companies That Prioritize Mental Health Are Slated For A Successful Future


A recent study shows that 81% of professionals state they are experiencing burnout or other mental health problems – and this isn’t just designated to one industry. . The post Companies That Prioritize Mental Health Are Slated For A Successful Future appeared first on Allwork.Space.

Health 207

AT&T Extended Its Remote Work Policy, But Some Employees Are Still Being Forced Back


AT&T’s union recently came to an agreement with the company to extend the company’s remote work policy until next year. For some, health and safety are a concern.

AT&T 207

70% Of Employees Say Four-Day Work Weeks Positively Impact Their Mental Health


For starters, 78% of UK employers said their workers were less stressed at work under these arrangements, while 70% of employees said that this policy has a positive impact on their quality of life and mental health. .

2022 229

It’s time to review (or create) your document retention policy

Business Management Daily

They create a document retention policy that clarifies what needs to be saved, where, and for how long. Sticking to a set record retention policy eliminates guesswork and promotes efficiency. Businesses and nonprofits of all sizes should possess a written-out document retention policy.

Poor indoor air quality is a threat to health, say people coming into the office

Workplace Insight

But, at the same time, they have concerns about the health and safety of these environments. One in four (25 percent) believe clean air in the workplace should be implemented as a company policy.

2022 83

Health Grows to 17.6% of U.S. Economy

Small Business Labs

If like us you're worried about health care spending, there's some good news and some bad news.  health spending grew just 4% in 2009 , the lowest growth rate in the 50 years the government has tracked this data.    The bad news is, due to the recession, health spending hit an all time record of 17.6%   Health spending was 16.6% health care costs.  health care spending will grow to nearly 20% of U.S.

Health 137

The Shift to Defined Contribution Health Care Plans

Small Business Labs

Like the defined benefit pension plan before it, the defined benefit health plan seems likely to be replaced by most employers with defined contribution plans.   A similar shift is happening with health care plans. Firms are increasingly dropping their traditional health insurance plans and replacing them with fixed payments to employees. These firms are providing their employees a health care stipend and access to private health care exchanges.

Health 131

My Health Care Risk Shift Mistake

Small Business Labs

  Companies have shifted responsibility for retirement, career planning and health care to employees and government at all levels have reduced social support services.    Health care is a great example of this shift.    Consumer-driven health care  - where the consumer plays a key decision-making role regarding the health care they receive - has greatly expanded over the last decade and is widely forecast to continue to grow in importance. 

Health 124

Who Speaks for Small Business on Health Care?

Small Business Labs

The WSJ's Business Groups Welcome Health Law Set Back  covers the recent ruling by a federal district judge that the Obama administration’s health-care law was unconstitutional. Supporting Obama Care is the Main Street Alliance , which interestingly enough is described in the article as "an organization founded in 2008 that focuses on supporting the health-care law."  government policy

2011 129

These Are The Top 10 States Experiencing High Levels Of Hybrid Work Stress


searched through geotagged tweets to see exactly how hybrid workers are taking to these new work policies. . Work-life Hybrid Work Mental Health Work-life BalanceOver half (58%) of U.S.

2022 219

Will Small Businesses Drop Employee Health Coverage in 2014?

Small Business Labs

We've looked at the new health care law and tried to understand and forecast what it means for small businesses.    The New York Times has an article covering McKinsey getting hammered over their analysis of the new health care law.  companies may drop their employee health insurance when provisions of the new health care law take effect in 2014.   government policy

2014 116

Good Q&A on the New Health Care Law & Small Business

Small Business Labs

Few people know much about the health care reform bill (officially the Affordable Care Act) that was passed last year.    government policy  The sections that have the biggest impact on small businesses don't go into effect unitl 2014, so there isn't a huge rush to learn more. But if you are interested, The National Association of Realtors has a great Q&A covering the topic in easy to follow language. 

2011 113

Despite The Pandemic’s Threat Dwindling, 45% Of Workers Saw A Spike In Stress This Year


This new data shows that successful businesses need to present a range of hybrid options and technologies to keep workers happy and productive, as one-size-fits-all remote or in-person policies don’t allow everyone to do their best work,” said Frank Weishaupt, CEO of Owl Labs. .

2022 217

Supporting Workplace Mental Health as an Executive Assistant


Mental health is a topic that has come into the spotlight in workplaces. It’s a positive step to acknowledge that mental health is like any other health condition and should be treated with care. What is mental health awareness at work?

2021 52

Why 60% Of Workers Felt Detached From Their Jobs Last Year


According to Gallup’s annual State of the Global Workplace report, 60% of employees stated they felt detached from their jobs last year, indicating a dire need for a workplace policy upheaval. . Work-life Mental Health Work-life Balance Workplace Wellness

2022 207

Overlooking Workplace Wellness Should Be Left In The Past, According to Gympass Global Chief of People


According to data from Corporate Wellness Magazine, 31% of workers said that their mental health has declined over the last year.? . Allwork.Space : Have hybrid policies made achieving wellness goals at work more difficult? Work-life Mental Health Work-life Balance Workplace Wellness

2022 229

It’s Not Me, It’s You – Why Women Leaders Are Breaking Up With Their Jobs


In face of a weak recovery, government and business must make two sets of efforts: targeted policies to support women’s return to the workforce and women’s talent development in the industries of the future,” said Saadia Zahidi, managing director at the World Economic Forum. .

2022 130

Turnover And Burnout Have Become Synonymous In The Great Reshuffle


While remote work policies have made waves in addressing the need for a better employee experience, Wheeler adds that taking a catered approach can better support employees. . Work-life Mental Health Work-life Balance Workplace Wellness

2022 207

The Hidden Costs of Unlimited PTO


However, it appears that organizations with unlimited paid time off policies actually see their employees taking less time off than they did before the policies were introduced. So is unlimited paid time off a policy best avoided? Chambers believes the policy is working well.

2022 151

Is Employee Burnout Worse Than Ever Before?


However, return-to-office policies are just the beginning. Work-life Mental Health Work-llfe BalanceBurnout is not a new phenomenon, but it became a pandemic of its own in the initial months of the pandemic. .

2022 130

Work Sabbaticals: The Latest Nonprofit Retention Strategy


Much of nonprofit work is emotionally draining, whether directly assisting individuals, working with communities or driving public policy to change systems. The length and requirements of a nonprofit’s sabbatical policy influence the ways in which staff use their time away.

2022 159

Five Years After Founding the Me Too Movement, Tarana Burke Remains Focused on Healing


Health RelationshipsTarana Burke is busy these days. The founder of the Me Too movement is juggling press requests, international travel, and creating a safe and nurturing space for those of which the movement was founded.

2022 213

Leaders: Align Work-Life Promise with Work-Life Reality—Here’s Where to Start


For instance, perhaps you instituted an unlimited vacation policy. Maybe you want to talk to your team members about policies you’re considering to alleviate stress and pressure. Nevertheless, start putting new policies, rules, or procedures into effect now rather than later.

2022 177

About 14 Million Freelancers, Gig Workers and Self-Employed are Getting Unemployment Insurance

Small Business Labs

The program's success - and its importance to the financial health of so many people - lead to two policy implications. Freelance gig economy Government Policy Independent workers

2020 142

California's New Gig Law, AB5, Ignores the Growing Role of Remote Work

Small Business Labs

He describes a key issue as: "I have an independent business, I don't get paid vacations, and I have to cover my own health insurance. Forcing these workers to be traditional employees is bad policy.   gig economy Government Policy self-employment

2019 160

The New Tax Law: Freelancers Win on Taxes, Lose on Healthcare

Small Business Labs

The repeal of the individual mandate will make health insurance more expensive and harder to get for those outside of traditional corporate insurance plans - meaning freelancers and the self-employed. We'll also see an increase in health insurance "job lock" as people choose to stay with traditional jobs so they're covered under corporate health plans. 1099 Economy Freelance Government PolicyThe new tax law contains a major benefit for many freelancers.

2018 156

UK Could Lose £8 Billion Due To Falling Workforce Participation


A report from the Institute for Public Policy Research (IPPR) shows that Britain could lose £8 billion ($10 billion) due to the decrease in workforce size. . The report was published to mark the launch of the IPPR’s two-year Commission on Health and Prosperity.

2022 207

Can Traditional Employment Match the Flexibility of Independent Work?

Small Business Labs

Examples of these include providing health benefits if a worker works more than 30 hours a week, overtime pay for more than 40 hours a week and minimum wage requirements. Freelance gig economy Government Policy Independent workersWe've long found in our research that having work flexibility, autonomy and control are key reasons people become and like being independent workers (freelancers, contractors, self-employed, etc.). 

2018 141

Graham-Cassidy Healthcare Bill Likely Bad for the Independent Workerforce

Small Business Labs

The number of independent workers and self-employed will likely decline due to problems getting health insurance as an independent worker. One of the best features of Obamacare is it detaches health insurance from jobs, making health insurance portable. This greatly reduces health insurance related job lock, allowing more people to become self-employed and start small businesses. gig economy Government Policy

2017 136

Obamacare's Impact on Entrepreneurship and Self-Employment

Small Business Labs

As the chart below shows, the percentage of full-time independent workers with health insurance has increased from 64% in 2013 to 83% in 2016. million more independent workers have health insurance than in 2013.  Government Policy Independent workers Small Business EconomyThere's no doubt the Affordable Care Act (ACA, or better known as Obamacare) has been a good for freelancers, the self-employed and other independent workers.

2017 149

How Trumpcare Will Impact Self-Employment

Small Business Labs

The quick summary is self-employed who are younger or have higher incomes will likely be better off under the Republican proposed American Health Care Act (AHCA, a.k.a. Based on data from the MBO Partners State of Independence study , the percentage of full-time independent workers with health insurance has increased from 64% in 2013 to 83% in 2016.  Many of these people are unlikely going to be able to afford health insurance. 

2017 133

Top 10 Small Business Trends for 2014

Small Business Labs

  Health Care.   Small business owners will need to move beyond the hype (and their own political views) and focus on securing the most cost effective health care plans for themselves and their employees.    Government Policy trends Web/Tech Below is our 7th annual Top 10 Small Business Trends list.  2013's trend list is available here. To see earlier lists, click on the year: 2012 , 2011 , 2010 , 2009 , 2008.

2014 218

Growing Consensus: Obamacare Good for Entrepreneurship

Small Business Labs

  This study adds to a recent report by the Kauffman-RAND Institute for Entrepreneurship and Public Policy saying the law could increase the number of new U.S. This is the term economists use to describe the reluctance of workers to leave their jobs because doing so would mean losing fringe benefits, especially health insurance.  This means, at least in theory, the end of health insurance related job lock.

2013 147

The Key To Creating Office Spaces For Everyone: Design With Neurodiversity In Mind

All Work

Neurodiversity research and policy is a constantly evolving field, and there are plenty of resources out there, from small-scale interventions such as LinkedIn Learning courses to formal training programmes covering legal obligations and appropriate terminology.

2022 54

Don’t expect customer service from your health insurance company

Service Untitled

California Insurance Commissioner Steve Poizner called the report’s finding “atrocious&# and urged insurers to improve the quality of their health care services. Most people agree that when it comes to customer service and satisfaction, health insurance companies are indeed in a coma. Websites for policy holders contain page after page of details about coverage; none of it customer friendly. Many allege we are being held hostage by health insurance companies.

Will Obamacare Lead to Lots More Small Businesses?

Small Business Labs

The Wall Street Journal's Will Health Care Law Beget Entrepreneurs? Key quote: The Obama administration has touted a boost for entrepreneurship as one of the health-care law's key benefits. The Kauffman-RAND Institute for Entrepreneurship Public Policy in Santa Monica, Calif., Obamacare reduces job lock because people going out on their own will be able get health insurance through mandated state or federally run insurance marketplaces. 

2013 143