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Why Use a Chat Bot: Customer Experience Benefits

Today’s business landscape is a complex, fast-evolving terrain where the need for agility has never been greater. Enterprises are under constant pressure to enhance customer experience while streamlining operations. This has led many to use Artificial Intelligence (AI) for solutions. One AI tool that has mainly gained attention is the chatbot. A chatbot is a […]

The post Why Use a Chat Bot: Customer Experience Benefits appeared first on 3.7 Designs.





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Benefits of End-To-End Testing That Will Match Company Expectations

    Software testing is a critical component of the software development process. It ensures that software is developed with the highest quality and reliability possible. It lets developers identify and fix bugs before software release.  A comprehensive test plan is an essential part of any software testing project. The test plan should include all […]

The post Benefits of End-To-End Testing That Will Match Company Expectations appeared first on 404 Tech Support.




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Full guide on drawbacks and benefits of Node.js for making the perfect choice for your business

  Node.js is by far the most popular platform for creating JavaScript applications. According to a recent infographic published by Statista, more than 49% of app developers frequently utilize Node.js, making it the platform of choice for mobile app development. That is because of the Node.js advantages.  This article will discuss the benefits of Node.js […]

The post Full guide on drawbacks and benefits of Node.js for making the perfect choice for your business appeared first on 404 Tech Support.




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Spotlight on Positive Employee Relations Training: How Employers Can Reap the Benefits of Employee Engagement

In this podcast, Littler attorneys Michael Kessel, Russ McEwan and Alan Model, out of our Newark office, discuss the importance of cultivating “employee engagement” to foster a productive, invested workforce. They also describe the new Littler Positive Employee Relations Series, which offers customized, intensive training to supervisors on the causes of negative morale and then arms them with practical tools to spot and handle problems before they get out of hand.
 




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Disability Benefits Policy Language Warrants Arbitrary and Capricious Standard of Review Despite Enactment of Anti-Discretionary Statute

A federal court in New Jersey recently applied the arbitrary and capricious standard of review for a denial of benefits claim despite the enactment of an anti-discretionary statute in Minnesota, which governed the benefit plan policy. Hocheiser v. Liberty Mut. Ins. Co., 2021 U.S. Dist. LEXIS 32154 (D.N.J. Feb. 22, 2021).




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Supreme Court Declines to Hear Appeal in ERISA Class Action Permitting Recalculation of Benefits as Available Relief

The U.S. Supreme Court declined to review the Second Circuit’s decision in Laurent v. PricewaterhouseCoopers LLP, which held that retirees could receive money damages in the form of recalculated benefits in a class action over how the company’s cash balance pension plan calculated lump-sum benefits.




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Success by the Numbers: The benefits and pitfalls of measuring Diversity, Equity & Inclusion

As more and more employers take steps to improve Diversity, Equity, and Inclusion in the workplace, there’s an increasing demand to know if those measures are successful. In this podcast, Alyesha Dotson, Littler Shareholder, discusses ways in which employers can track progress in their DE&I efforts without tripping over legal hazards, and gauge individual and organizational change.
  




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Littler Strengthens Employee Benefits Practice with Addition of Warren E. Fusfeld and Melissa B. Kurtzman to the Firm's Philadelphia Office

Philadelphia, PA/ March 20, 2009 -- Littler Mendelson (Littler), the nation's largest employment and labor law firm representing management, is pleased to announce the arrival of shareholders Warren E. Fusfeld and Melissa B. Kurtzman to the firm’s Philadelphia office, both formerly of WolfBlock LLP.




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San Francisco Benefits Summit




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2016 Employee Benefits Update - Rochester




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Employee Benefits and Executive Compensation Issues on Termination of Employment




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Executive Compensation and Employee Benefits - Mexico

Monica Schiaffino contributed an overview of the primary sources of law that govern or affect executive compensation arrangements or employee benefits in Mexico.

Getting the Deal Through

View Article




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Reopening and Rehiring During the COVID-19 Pandemic – Critical Employee Benefits and Executive Compensation Considerations

As many employers are on the way to normalizing their business practices and re-engaging their employees, they should not overlook the many potential pitfalls in the administration of their retirement, health and welfare plans and their executive compensation arrangements. The risks of missteps are high, and include loss of tax-qualification of retirement plans, penalty taxes in connection with the Affordable Care Act’s (ACA) employer mandate rules, other IRS penalties, employee lawsuits and Department of Labor enforcement actions.




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3 November Argument Sessions Benefits Attys Should Watch

Sarah Bryan Fask says the dispute over retired miners’ health benefits is notable because the decision "could impact whether unions could try to use a dispute resolution procedure within a collective bargaining agreement as a venue to dispute anticipated post-collective bargaining agreement changes."

Law360 

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Preliminary Injunction Against Illinois Equivalent Benefits Law for Temporary Workers

In November 2023, soon after Illinois Governor JB Pritzker signed amendments to the Illinois Day and Temporary Labor Services Act (the “Act”), several staffing agencies and associations sued for an injunction against enforcement of certain provisions of the Act.  In Staffing Services Association of Illinois v. Flanagan, Case No. 23-CV-16208, these parties claimed that Sections 11, 42, and 67 of the Act were preempted by the National Labor Relations Act (NLRA), the Employee Retirement Income Security Act of 1974 (ERISA) and the due process clauses of the U.S.




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New Oregon Law (Mostly) Aligns OFLA and Paid Leave Oregon to Prevent Employees from Stacking Leave Benefits

  • SB 1515, which the governor is expected to sign, provides some relief to employers under the state’s various leave laws by amending Paid Leave Oregon and the Oregon Family Leave Act (OFLA) to better align.
  • Bill amends Oregon leave laws to mitigate employee leave stacking by eliminating some state leave law concurrency.
  • Bill amends OFLA bereavement leave to a maximum of four weeks in a leave year.




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4 Benefits Policy Moves To Watch In 2024's 2nd Half

Sarah Bryan Fask says a long-awaited final rule from the Pension Benefit Guaranty Corp. describing interest rate assumption requirements for employers who pull out of multiemployer pension plans would be “very significant.”

Law360

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Supreme Court Will Decide if Former Employees Can Sue Over Post-Employment Benefits

Ellen Donovan McCann says post-employment benefits are often the first to be amended when businesses experience budget challenges, but employers may have to take more care in changing them if SCOTUS decides that former employees can sue over those benefits.

SHRM

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IRS Releases 2022 Inflation Adjustments to Various Tax Limitations on Employer-Provided Benefits

On November 10, 2021, the IRS released Revenue Procedure 2021-45, which contains its annual inflation adjustments for over 60 tax provisions, including not only individual income tax rates and deductions, but also many employer-provided benefits.




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California Eliminates Employers’ Ability to Require Employees to Use Vacation Before They Receive State Paid Family Leave Benefits

  • Employers will no longer be able to require employees to use up to two weeks of vacation before they receive paid family leave insurance benefits.
  • Employees will have access sooner to paid family leave insurance benefits.
  • Changes can have a knock-on effect concerning substitution of paid leave under federal FMLA and California CFRA, but should not impact San Francisco PPLO compliance.




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Unlocking New Benefits: Is the SECURE 2.0 Student Loan Match Right for Your Workforce?

  • The Qualified Student Loan Payment (QSLP) match program allows an employer to match an employee’s student loan repayments by making matching contributions to the employer’s defined contribution plan, such as a 401(k) plan.
  • IRS Notice 2024-63 provides guidance for plan sponsors that offer (or wish to offer) a QSLP match program.




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California Eliminates Employers' Ability to Require Employees to Use Vacation Before They Receive State Paid Family Leave Benefits

Adam Fiss and Sebastian Chilco review updates to California’s paid leave law.

Wolters Kluwer

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California Eliminates Employers’ Ability to Require Vacation Use Before Receipt of State Paid Family Leave Benefits

Adam Joshua Fiss and Sebastian Chilco discuss a new California law that will eliminate employers’ ability to require employees to use up to two weeks of company-provided vacation before they start receiving paid family leave benefits.

SHRM

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ETSI IPv6 White Paper outlines best practices, challenges, benefits and the way forward

Sophia Antipolis, 26 August 2020

The ETSI IP6 Industry Specification Group has just released a White Paper on the lessons learned from IPv6 best practices, use cases, benefits and deployment challenges. This White Paper puts forward recommendations to ease the adoption of IPv6 and to motivate the industry for the upcoming large-scale deployment of IoT, 4G/5G, IoT Cloud Computing benefiting from the restoration of the end to-end model.

Read More...




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Argonne-led Research Shows Robust Investment in Transit Benefits Both Transit and Non-Transit Users

Investments in regional transit service would create 13-times the return in value in household and travel times savings, according to new research made public today at the Chicago Transit Board of Directors’ monthly meeting.




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Shopping for parental benefits around the world

It is so expensive to have a kid in the United States. The U.S. is one of just a handful of countries worldwide with no federal paid parental leave; it offers functionally no public childcare (and private childcare is wildly expensive); and women can expect their pay to take a hit after becoming a parent. (Incidentally, men's wages tend to rise after becoming fathers.)

But outside the U.S., many countries desperately want kids to be born inside their borders. One reason? Many countries are facing a looming problem in their population demographics: they have a ton of aging workers, fewer working-age people paying taxes, and not enough new babies being born to become future workers and taxpayers. And some countries are throwing money at the problem, offering parents generous benefits, even including straight-up cash for kids.

So if the U.S. makes it very hard to have kids, but other countries are willing to pay you for having them....maybe you can see the opportunity here. Very economic, and very pregnant, host Mary Childs did. Which is why she went benefits shopping around the world. Between Sweden, Singapore, South Korea, Estonia, and Canada, who will offer her the best deal for her pregnancy?

Help support Planet Money and get bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.

Learn more about sponsor message choices: podcastchoices.com/adchoices

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Who Benefits from Facebook's $100B IPO?

Yesterday, Mashable published a piece on Facebook's potentially massive IPO. The numbers are absolutely astounding: if Facebook's IPO goes as expected, it will raise six times as much money as Google's. But even more incredibly, this will value the company at $100 billion. For some comparison, let's look at a corporate giant like Pfizer. It's currently ...




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The Benefits of Using the Pinch-Off Tool

Many new self-contained fractional horsepower refrigeration systems will be shipped from the factory with no service access ports.




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CO₂ Refrigeration’s Benefits Extend Beyond Supermarkets, Ice Arenas

CO₂ refrigeration, which has gained significant traction in ice arenas and supermarket coolers, is now emerging as a groundbreaking technology revolutionizing the way we cool and heat across industries worldwide.




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The Benefits of Compressor Time Delay Relays

Continuous and rapid cycling is hard on a compressor, but the use of a simple time delay relay can mitigate the risk of compressor failure.




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BIM Offers Substantial Benefits for Construction Industry, Says Study

The benefits of building information modeling (BIM) and other technology advancements that allow the exchange of information on design and construction projects, including improving labor productivity and reducing costs for construction companies, are just the beginning of what can be achieved, according to a new study.




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Understanding the Benefits of HVLS Fans

High-volume, low-speed (HVLS) fans can mobilize and destratify large volumes of air in any facility.




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Duct Retrofits Can Help HVAC Systems Operate at Their Best

Even if a system is replaced, if ductwork is undersized, the homeowner won’t be getting the best bang for their buck.




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Reaping the Benefits of a Properly Managed HVAC Fleet

Having the right fleet management solution can increase employee accountability, efficiency, safety, and grow an HVAC company.




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Rooftop Retrofits Can Bring Indoor Air Quality, Occupant Comfort, Energy Savings

Packaged rooftop units are the workhorses of the commercial market, providing cooling to approximately 60% of U.S. commercial building floor area.




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Food Retailers See Benefits in HVACR Retrofits

Store owners and managers are always looking for ways to lower operating expenses, and their refrigeration systems can be a good place to start.




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The Benefits and Impacts of A2L Refrigerants

The transition to A2L refrigerants will offer benefits to the environment, as well as business challenges for HVACR OEMs, distributors, and contractors.




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Community Church Benefits From Unitary Variable Refrigerant Flow Retrofit

With over 1,000 Sunday service attendees and many church activities throughout the week, energy efficiency for the sake of cost savings was critical.




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Economizers Offer Many Benefits for Rooftop Units, Air Handlers

Economizers used in rooftop units and air handlers are multipurpose devices that can improve both the energy efficiency and indoor environment in a wide range of commercial buildings.




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Growing Trends in Tool Technology Bring Benefits for Technicians

Technological developments are consistently improving the tools technicians have to use.




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Four Benefits of Commercial HVAC Automation

Here are some of the top benefits of commercial HVAC automation and how new technology may soon make automated systems even more valuable.




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Trane Outfits Community College’s New BAS Lab

The lab is designed to give students hands-on experience that will help them bridge the gap between classroom instruction and the needs of employers.




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Battle for the Wall: Benefits of Proprietary Controls Versus Smart Thermostats

The expected surge in smart thermostat sales will have equipment manufacturers, many of whom have their own proprietary controls, competing with the well-known universal thermostat brands, such as Nest, Honeywell, and ecobee.




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The Benefits of Educational Quizzes and Tests

John Kleeman shared on Questionmark's Blog the ten benefits of quizzes and tests in educational practice as proposed by psychology experts Henry L. Roediger III, Adam L. Putnam and Megan A. Smith in a recent paper, “Ten Benefits of Testing and Their Applications to Educational Practice”.

Here is John's summary and understanding of the paper:

1. Retrieval aids later retention. There is clear evidence from psychological experiments that practicing retrieval of something after learning it, for instance by taking a quiz or test, makes you more likely to retain it for the long term.
2. Testing identifies gaps in knowledge.
3. Testing causes students to learn more from the next study episode. Essentially it reduces forgetting which makes the next related study area more productive.
4. Testing produces better organization of knowledge by helping the brain organize material in clusters to allow better retrieval.
5. Testing improves transfer of knowledge to new contexts. There are several experiments referenced in the paper where tests and quizzes help transfer and application of knowledge.
6. Testing can facilitate retrieval of material that was not tested. Surprisingly there are circumstances where quizzes or tests, particularly if delayed, can help people retrieve/retain information that was related to that asked but not actually asked in the questions.
7. Testing improves metacognitive monitoring – by giving students scores or self-assessments, they can better predict their knowledge and be more confident about what they know and what they need to know.
8. Testing prevents interference from prior material when learning new material. If you have a test after learning one set of material before learning another set of material, it can make it less likely that the second session will
9. Testing provides feedback to instructors and lets them know what is learned or what is not.
10. Frequent testing encourages students to study. Having frequent quizzes and tests motivates study and reduces procrastination.
 You can see their paper “Ten Benefits of Testing and Their Applications to Educational Practice” in Psychology of Learning and Motivation, Vol 55. It’s also available for download on Professor Roediger’s publications page, in the list of papers from 2011, at http://psych.wustl.edu/memory/publications/.




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Science Communication: How it benefits a STEM research career

“Many STEM professionals hold the misconception that engaging in science communication can hinder the progress of budding and established research careers. However, it is not necessary to choose between engaging in outreach and conducting research.

The post Science Communication: How it benefits a STEM research career appeared first on The Plainspoken Scientist.




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The Benefits of Container Liners: Leak Prevention, Shelf-Life Extension & More

Despite the steady drumbeat of “less is more” when it comes to packaging, Eldon Schaffer of TekniPlex Consumer Products makes a case for the continued use of container liners, citing several of their invaluable contributions.




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Five Benefits of Case Sealing

Converting from standard flat tape application to one with a folded edge has the potential to revolutionize case sealing, whether automated or done by hand.




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The benefits of enhanced Direct UHT for high-protein beverages

As we see consumer preference grow for high-protein products, Direct UHT (ultra-high temperature) becomes the stand-out processing method for its gentler treatment of protein-rich formulations, alongside other benefits.




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The Benefits of Accepting Crypto Payments for Forex Brokers

Cryptocurrency payments have made financial transactions faster and safer. Forex brokers that integrate a cryptocurrency payment gateway can provide these advantages and more for their users. Crypto payment integration results in real-time transaction settlement, lower fees, and improved fraud prevention. These benefits increase forex brokers' operational efficiency, help them attract a global clientele, and remove geographical barriers. To grow and scale as a broker in this dynamic era, blockchain technology must be applied strategically to increase a business’s competitive edge, and drive scalability. Discover how accepting crypto payments can improve your forex brokerage business in this article.

Increased Global Reach

Forex brokers can expand their global reach by integrating a cryptocurrency payment gateway. Research by Oxprocessing and B2Broker shows that forex brokers saw a 20-30% increase in their client base when they started accepting cryptocurrency payments.

The rising forex broker client base after crypto adoption stems from the popularity and user realization of the benefits of crypto like real-time transaction settlement, unlike banks. The lower fees, flexibility, and additional security also attract many users as we shall see subsequently.

Accepting crypto through payment gateway solutions like Onchainpay.io connects a forex broker and its customers with the innovation and flexibility offered by decentralized finance. Crypto payment gateway integration is crucial in expanding and getting a bigger global customer market share.

Improved User Security

Integrating a proven and transparent cryptocurrency payment gateway like Onchainpay.io which uses two-factor authentication, permissioned API access, and real blockchain addresses to secure user funds offers all the advantages.

Advanced encryption and decentralized verification through blockchain technology ensure secure transactions and minimize fraud. No one can alter blockchain transactions as they are recorded on a public ledger that is almost impossible to counterfeit.

Transactions are traceable and secure onchain, increasing user confidence in the forex brokers who adopt crypto payments. With crypto payment, transactions occur in simple sends or receives between wallet addresses without intermediaries that can delay the process. By adopting crypto payment forex brokers can establish user trust and stand out from the competition.

Transaction Speed and Overall Efficiency

Real-time payment settlement is a game changer for forex brokers. Payment gateway comparison experts Crypto Payment Gateways note that while the average traditional payment processing time takes 7-14 days, cryptocurrency payments settle in a few seconds to a few minutes.

Crypto payments increase speed, boost operational efficiency, and drive forex broker customer satisfaction by providing quick access to funds. Lower transaction fees from crypto payment integration lead to massive cost savings. Forex brokers can operate more efficiently, save customer time, and remain at the forefront of innovation by integrating state-of-the-art crypto payment processing solutions like Onchainpay.io.

Affordable Fees

Analysis from Blockdata shows that cryptocurrency payments can cut transaction costs by 70% compared to traditional methods. Paying with known methods like credit cards often incurs 1.5% to 3.5% in transaction fees. Cryptocurrency transactions using payment methods like Bitcoin cost about 0.01%-1%.

Reduced transaction cost presents a business advantage for brokers who can also attract customers seeking affordable trading options. With blockchain technology forex brokers can offer real-time and competitive transaction costs as a strategic move to increase overall user experience.

Seamless Cross-Border Payment Processing

Decentralized finance offers direct and seamless cross-border payment settlement with lower fees and zero delays. Through digital currency payment integration, forex brokers can attract a global user base interested in innovation and opportunities in decentralized finance. Crypto payment integration makes cross-border transactions more efficient with no intermediary and additional security. With it, forex brokers can enjoy frictionless cross-border payment processing and devote more time to expanding other aspects of their business.

Easy Scalability

From declined card transactions to restricted regions, the limitations of traditional payment systems impact forex brokers’ ability to scale. Brokers can tap into the global market and attract clients across the globe by adopting crypto payment solutions. The flexibility of crypto integration also helps brokers build adaptable business models and solutions that serve their client base perfectly. These benefits coupled with cost savings and instant settlement mentioned before improve brokerage efficiency and user satisfaction helping forex brokers grow their business beyond expectations.

User Satisfaction and Competitive Edge

Crypto Wallet

Self-custody wallets are a huge advantage for crypto users. Imagine the ability to own and control 100% of your assets. Crypto wallets make this possible and withdrawing forex profit into self-custodial crypto wallets is a dream for most participants in the financial market today. Crypto wallets are a convenient option that improves customer satisfaction. Hence brokers who accept crypto win more customers and stand out from the crowd of available options.

Crypto Adoption

Through crypto payment and transaction settlement integration, forex brokers can get along with the current trend and preference for digital assets. A report released by Fxleaders notes that traders and investors are ahead of the pack in the rapid race toward cryptocurrency adoption which has already attracted over 300 million users globally.

Profit Withdrawal and Deposit

The last thing traders want after the close shave of almost getting drowned due to market volatility is waiting forever to withdraw. Instant settlement cryptocurrency payment gateways like Onchainpay.io provide an excellent payment processing solution for instant deposits and withdrawals. With real-time secure payments on Onchainpay.io, users enjoy a better experience while the forex broker competes favorably among the available alternatives.

Smart Contracts

Smart contracts are self-executing codes on the blockchain designed to streamline user experience. They ensure secure transactions as they cannot be altered once deployed, and are transparently verifiable onchain. Recurring payment solutions on Onchainpay.io, for example, are powered by a series of secure smart contracts and can also be helpful in automated withdrawals for trader’s discipline and plan.

Conclusion

Cryptocurrency payments save time lower cost and offer competitive advantages to forex brokers. It enables instant settlement of cross-border transactions and enhances user experience with a range of options such as self-custody which gives users complete control over their assets. Onchainpay.io’s cryptocurrency payment gateway and merchant solution are designed to help brokers provide secure, flexible, and reliable crypto withdrawals and deposit options for their customers. Onchainpay is simple to integrate and works perfectly with almost all known payment setups. With customizability, segregated payments, and automatic settlements Onchainpay.io is the best thing since sliced bread for forex broker payment.

This article was written by FL Contributors at www.forexlive.com.