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It’s a modernized approach, with personalized solutions to support employees’ physical, mental, financial and social needs.

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; While artificial intelligence (AI) technologies are currently dominating the modern workplace, this is not a new phenomenon.

“The department’s proposed rule seeks to protect [independent contractors’] entrepreneurial spirit and simplify compliance for American job creators navigating a modern workplace, all while maintaining robust protections for employees under the Fair Labor Standards Act,” said Secretary of Labor Lori Chavez-DeRemer in a statement posted on the DOL website .

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While most modern financial apps use some form of AI, some also use chatbots to engage users and make budgeting easier.

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Workspan Daily article;Employers Say They Offer ‘Modern’ Benefits; Workers See It Differently , Workspan Daily article;Open Enrollment Is an Opportunity for Education and Engagement , Workspan Daily article;Employers Should Exhibit Ongoing Focus on Employee Well-Being and Engagement , Workspan Daily article;Incorporate AI to Personalize Financial Well-Being Benefits , Workspan Daily article;Winning Talent with Global Benefits and Total Rewards , webinar; More than half of workers end up regretting their open enrollment decisions, according to a recent survey from financial services firm Equitable, leading to dissatisfaction, health and financial challenges, reduced productivity, and a weakened employee value proposition .

Jones also noted employers should modernize their merit processes to eliminate stagnation and benchmark salaries against market data for informed decision-making.

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