Make a Plan During America Saves Week

America Saves Week (Feb. 22-26, 2021) is an annual event that encourages you to make a plan to increase your savings and improve your financial situation by utilizing your workplace retirement plan and the tools and resources they provide. Both of MSU’s retirement vendors, Fidelity and TIAA, have resources and tips on saving money, getting out of debt, and planning for retirement with live webinars, courses for financial literacy, and other tools. Be sure to review their resources on preparing for financial emergencies or managing unexpected expenses, which you may find especially useful during this difficult and uncertain time. 

Fidelity Resources

Fidelity is offering online workshops on a variety of topics including creating a budget, paying off debts, managing unexpected events and expenses, taking the first step to investing, preparing for retirement, and more. Fidelity members should consider registering for sessions (see link for details) that may be useful to your family’s current financial needs. If you can’t make the online workshops, check out this on-demand workshop called Taking Control: 3 Ways to Start Feeling Good About Your Finances. Other tools and calculators provided by Fidelity to their members can be found here.

Additionally, find resources on health and financial emergencies, building your financial “immune system” and emergency savings that are available for everyone.

TIAA Resources

TIAA’s Goal Planner webpage offers calculators and resources on how to save for things outside of your retirement plans, such as emergency funds, vacations, a home, and more. Additionally, TIAA has a financial goal planning PDF that allows you to track your money in detail. Use these tools to map your income and expenses, write down your goals, and match them to a time frame to complete them. 

If you’re struggling with debt, TIAA’s debt calculator tool will help you evaluate your current situation and then offer resources and tips to help. Additionally, their Retirement Checkup tool allows you to create a projection of how much income is needed in retirement.

Schedule a Virtual Consultation with Fidelity or TIAA

Both Fidelity and TIAA offer virtual appointments with financial consultants and encourage you to set up an appointment with them to ask any questions you have at no additional cost as part of your MSU retirement plan. Set up an appointment with your  TIAA consultant here or set up an appointment with your Fidelity consultant here. 

For general questions about retirement, visit the HR website or contact the HR Solutions Center at SolutionsCenter@hr.msu.edu or 517-353-4434. For questions about your specific retirement plans, please contact your retirement vendor directly.

The Three Steps to Positive Personal Accountability

Written by Andrea Williams, MSU HR Organization & Professional Development

When many of us think of accountability, we associate it with negative connotations such as stress or even fear. We’re used to hearing about “accountability” as a disciplinary measure when something’s gone wrong. Because of this, many of us don’t understand what accountability actually entails, why it’s important, or where it starts.

The first step toward fostering positive, personal accountability, as well as a culture of accountability in the workplace, is to understand and redefine what true accountability means. Accountability doesn’t mean punishment. Rather, accountability is an empowering factor, not a consequence, and involves a willingness to accept responsibility for your own actions. In other words, making clear commitments that — in the eyes of yourself and others — have been kept.

Accountability vs. Responsibility

Although they’re sometimes used interchangeably, it’s important to make the distinction between accountability and responsibility. Having clear definitions of responsibilities in the workplace is essential but going a step further to be personally involved ensures better results. When you make the choice to go beyond your responsibilities with feelings of ownership, involvement, and engagement, you are then in a position of personal and positive accountability.

Accountability is a broader concept than responsibility — it’s something you do to yourself, not something that someone does to you. As such, accountability starts with you. No matter what your role at MSU, when you work toward personal accountability, you model the positive behaviors you want to see in your team and organization.

Create a Personal Accountability Framework

Accountability is not a one-time or occasional thing; it’s an everyday activity that applies to and benefits everyone. Take a simple and positive approach to establish ongoing personal accountability by following these three steps.

Step #1: Set SMART, HARD Goals

To begin, ask yourself the questions: What are my priorities? What am I passionate about? What do I want?

Establish a definite direction and clear, measurable goals that align with what’s important to you to keep motivated and achieve better follow-through. Ensure your goals are formulated to achieve results by using a combination of the SMART (Specific, Measurable, Achievable, Relevant and Timely) and HARD (Heartfelt, Animated, Required and Difficult) goal-setting frameworks described in this When SMART Meets HARD: Setting Goals that Matter article.

Step #2: Develop an Action Plan

Once you have established a SMART, HARD goal, develop an action plan to bring it to fruition.

  1. Identify limiting factors – It could be a shortage of time or resources, a lack of buy-in, or any other number of issues. Be realistic about any limitations and prepared with potential workarounds.
  2. Remove obstacles – Very few obstacles are insurmountable. Think first about the biggest obstacle you’ll likely face in reaching your goal. How can you overcome it?
  3. Divide your goal into subgoals – Utilize the SMART and HARD frameworks for your subgoals to give yourself the best chance of success.
  4. Plan actions for each subgoal – What are the specific, actionable steps you’ll take to reach each subgoal?

Step #3: Manage Priorities and Energy to Achieve Your Goals

It’s essential to recognize that time and energy are finite resources, and it benefits you to intentionally prioritize how you use both. When moving forward on your path to personal accountability, categorize the tasks that will help you complete your goals into three categories and assess the time and energy they require:

  1. Maintenance tasks – These are the routine tasks that must be done for your day to run smoothly (e.g., answering messages, maintaining your calendar). Avoid becoming overinvolved in these tasks or becoming distracted while doing them. Develop strategies to help. For example, schedule specific times during the day when you check and respond to your messages and have an effective system to keep information in order.
  2. People tasks – Whether it’s a meeting, interview, or social interaction with a colleague, these activities often require high emotional energy, so be mindful to pace yourself.
  3. Creative and analytical tasks – These can be anything from time spent developing a presentation to researching suppliers to analyzing data. This work typically requires significant time and energy, so ensure you plan out sufficient periods for these tasks during the days and timeframes that make the most sense for your work style and preferences.

Follow-through is a critical component of personal accountability. To avoid stalling out before your goals and commitments are realized, protect your time and prioritize activities that keep your physical, emotional, and mental energy reserves high.

Interested in Learning More?

Personal and team success are closely linked to positive accountability. When you take actionable steps to demonstrate personal accountability, it can generate a strong impact on not just performance and results, but also your personal and team satisfaction. Find additional resources around the topic of accountability, including short videos and courses, using MSU’s free online resource, elevateU.

Sources

Skillsoft Ireland Limited. Developing a Personal Accountability Framework. Retrieved February 10, 2021 from https://www.inc.com/gordon-tredgold/7-truths-about-accountability-that-you-need-to-kno.html

Skousen, Tracy (2016, April 12). Responsibility vs. Accountability. Retrieved February 10, 2021 from https://www.partnersinleadership.com/insights-publications/responsibility-vs-accountability/

Tredgold, Gordon (2017, September 14). 7 Truths About Accountability that You Need to Know. Retrieved February 11, 2021 from https://www.inc.com/gordon-tredgold/7-truths-about-accountability-that-you-need-to-kno.html

Mental Health Resources for Employees

Everyone’s mental health continues to be affected by the pandemic. While it can be difficult to ask for help, there are a variety of resources available to assist the MSU community.

Support Groups and Learning Opportunities

The following virtual courses and meetups are available (some require registration) from MSU Health4U and the MSU WorkLife Office:

  • MSU Grief and Loss Support: Specialized counselors facilitate weekly online support sessions on Tuesdays for those experiencing grief and loss.
  • Women’s Mental Health and Intersectionality Webinars (part 1 and part 2): Learn about the concept of intersectionality and its impact on mental health.
  • Virtual Health and Well-Being Sampler Series: Health4U is offering an all virtual Health and Well Being Sampler Series to units and departments at MSU. The sampler series is designed to provide MSU employees with a taste of the classes, programs, and services that are offered by the professional staff of the Health4U program. Participating MSU Units will have the chance to map out a custom, six-week course suite with classes in the focus areas of Emotional Wellness, Food & Nutrition, and Movement & Fitness.
  • Well-being at Work WorkLife Conference Session Recordings: Explore the questions that have surfaced in the ranks of employees, supervisors, and leaders, focusing on how to create and maintain healthier, more productive workplaces and teams.
  • Mental Health & Work Guide: Learn more about the effect work can have on mental health and find resources available to the MSU community.
  • Rest with Music: Rest with Music finally returns to Abrams Planetarium for their first in-person show in 20 months – and will also be live streaming via Facebook Live.

Employee Assistance Program Counseling Services

The Employee Assistance Program (EAP) is a confidential counseling service provided at no cost to MSU faculty, staff, retirees, graduate student employees, and their families. Learn how to make an appointment on the EAP website. These appointments are offered in-person or virtually through Zoom.

Teladoc and Best Doctors Services

As a reminder, benefit-eligible employees also have access to Teladoc and Best Doctors Behavioral Health Navigator for mental health services. Teladoc offers 24/7 access to a healthcare professional via the web, phone, or mobile app for employees enrolled in an MSU health plan. Employees and their dependents over 18 can also receive medical care for behavioral health (depression, anxiety, grief counseling, addiction, etc.). If deemed medically necessary, a prescription will be sent to the pharmacy of your choice. The Behavioral Health Navigator can help you get a second opinion on any medical opinions and access to coaching and online educational tools.

Your mental health is a priority, and we want to ensure you are aware of the many mental health resources available to MSU employees.

Organizational Change as a Pathogen: An Analogy for Leaders

Written by Sharri Margraves, HR Associate Director for Organization and Professional Development.

As we continue to navigate the current normal, we must also move forward. Budget constraints, retirements, realignments and other changes are just a part of life in every organization, even in non-pandemic times. Even though changes may be substantial, we retain people, systems, processes, facilities, and our shared understanding to create our new reality. Change may be rapid, but generally, it is also incremental.

In the article The University Immune System: Overcoming Resistance to Change an unusual, yet useful, analogy is described of change in complex systems. Think of implementing change in organizations in a similar context as the immunological response to a pathogen introduced to the human body. No relationship exists between these two systems on the surface; however, the parallels can illustrate the difficulties of introducing and making change stick.

Reacting to Change

As change is introduced within your team, staff and faculty may resist change, often affecting operational and financial realities. Even when a change is likely to produce benefits, there will be resistance expressed in various ways. Change is relative to each individual and how individual team members affect the system in their response to change. The resistance lies within the innate response of the system to change, and this resistance has been referred to as the “institutional immune system.”

In comparison, an invading pathogen needs to infect a host to carry out its mission, and the body will then marshal its forces to fight against this change. In an organizational sense, change is that threat, and the people in the system can form a response that reacts or overreacts to a threat, be it real or perceived. This response to the threat—the new idea or change—is designed to maintain the status quo and reduce unknowns and unproven risks.

Effective Leadership in Times of Change

There are many barriers present in an organization preventing the adaption of change. We can overcome these barriers—these intrusions to the system—by anticipating and being prepared. Have several strategies at the ready to foster acceptance of the change intended to improve the organization. These strategies include:

  • Improving leadership development skills around change and communication.
  • Recognizing and focusing attention on effective communication.
  • Effective rewards for new expectations.
  • Pacing/timing changes realistically.

Leaders should take the time to plan strategies for individuals’ varied responses—those who are eager, those who take a “wait and see” approach, and those who are slow to accept change. These strategies will help reduce the threat of change and improve adaptation.

Follow the steps below to support the implementation and acceptance of change within your team:

  1. Plan for change as a system of people, process, and culture.
  2. Embrace resistance as natural and not personal.
  3. Give the “why.”
  4. Establish open, two-way communication.
  5. Celebrate the wins, regardless of how small.

Collectively, we will not be returning to our previous, pre-COVID state, and attempting to do so would hardly signal progress toward the future. Resistance is a natural defense mechanism. Your challenge is to be mindful of different strategies and appeals for the different members of your team to effectively work with the resistance and move forward together.

Source:

Gilley, A., Godek, M., & Gilley, J. W. (2009). The University Immune System: Overcoming Resistance to Change. Contemporary Issues in Education Research, 2(3), 1-6.

Winter Events Round-up: Virtual and Socially Distanced Campus Activities

Are you looking for socially distanced or virtual activities to attend in the coming weeks? From virtual performances to hiking trails, the following campus events will help keep you and your family entertained during the winter weeks ahead:

  1. The Eli and Edythe Broad Art Museum has four new exhibitions that are free and open to the public with social distancing and enhanced safety measures in place, including daily limited spots available. Please reserve your free tickets here.
  2. Hike the trails at the Kellogg Biological Station Bird Sanctuary! Enjoy the beautiful scenery as you make your way through the trails, which are opened during all four seasons. Additionally, check out their calendar of virtual events, including their upcoming Birds and Coffee Chat, Winter Twig Identification Zoom Workshop, and Nature Drawing: Blending Art and Science.
  3. The Wharton Center has a variety of virtual performances and education and engagement activities for both adults and kids.
  4. The MSU Library has tons of virtual events available for registration. These upcoming events look particularly interesting: Special Collections: Tunnel Books, Embroidery Maker Meetup, Super Science: The Legacy of Science in Superhero Comics, Special Collections: Fortune Telling, and Introduction to Gardening.
  5. The MSU Community Music School is offering online programs available for both adults and kids. Click on the program link to find all kinds of classes from private lessons to individual and group music therapy.
  6. The WorkLife Office has an extensive calendar of virtual events, including an IPF Home Improvement Series.
  7. You can still learn about and experience insects and other arthropods at the MSU Bug House with their two-part video tour.
  8. The MSU Health4U website has a variety of courses you can register for, including a virtual 5K run/walk training program, culinary cooking and concepts – curbside pickup, rest with music, and many more.
  9. SPARTANfit is offering a virtual, free five-week couch to 5k training program starting March 29 (register by March 24). You’ll get weekly workouts, tips and support to help you stay on track and accomplish your goals. The program ends just in time for the Spartan Arbor Day 5K on May 1.

We hope you all will remain safe and healthy and continue to practice social distancing until we are able to see each other on campus again. In the meantime, wear a mask, wash your hands often, and enjoy these campus activities.

Nominations are Open for the Student Employee of the Year Award!

If you work on campus, you know how important student employees are to the success of your department and the university. Do you know a student who consistently goes above and beyond in their work? Supervisors have the chance to recognize these exemplary Spartans by nominating them for the Student Employee of the Year award by February 8, 2021.

Find more details and the nomination form on the Department of Student Life website.

Eligible nominees must be:

  • Currently registered in an MSU degree-granting program.
  • Employed on student employee payroll for a minimum of three months between June 1, 2020 and May 31, 2021.
  • Nominated by their supervisor. Only one student employee may be nominated per supervisor. Complete an online nomination form here.
    Note: Graduate assistants, residence hall staff and other student employees who do not fall under the jurisdiction of MSU Student Employment or the Student Employee Payroll may not be nominated for this award. They are eligible for other recognition programs.

All nominees will be honored with certificates. The MSU Student Employee winner’s name is submitted for consideration for the State of Michigan competition. All nominees will be acknowledged at the virtual reception on Wednesday, April 14, 2021, via YouTube Premiere. Learn more about the award on the Department of Student Life website.

Motivational Monday Round-Up

The new year is in full swing! While resolutions are made with the best intentions, it can be hard to maintain high spirits as time progresses. If you find yourself doing the same old routine and those new year’s resolutions are a distant memory, Todd Bradley, HR Learning and Organization Development Specialist, is a great source of motivation to get you back on track.

Todd’s Motivational Monday videos are a monthly series of short videos that began during the summer of 2020. These videos were designed to motivate and inspire MSU employees, exploring topics like rational thinking skills, emotive skills and more for both professional and personal development. Visit the MSU HR YouTube channel to view Todd’s full series of Todd Talk videos.

Motivational Monday: Problem Solving 101

Todd outlines a foundational approach to problem-solving in our everyday challenges.

Motivational Monday: Strategic Critical Thinking

To sharpen rational thinking skills, Todd shares quick and easy ways to enhance strategic thinking and influence long-term success.

Motivational Monday: Emotional Intelligence

In this video, Todd explores the different facets of emotional intelligence and ways to boost it both professionally and personally.

Motivational Monday: Gratitude

Todd ends this series with a video on gratitude and the benefits of expressing it in our lives.

Visit the MSU HR YouTube channel to view Todd’s full series of Todd Talk videos.

Resources and Upcoming Courses for HR Professionals

Are you a Human Resources (HR) professional at MSU? Whether you handle HR processes in your college or unit on a regular or infrequent basis, the following training opportunities and resources will help you stay up to date on relevant topics.

Upcoming Instructor-Led Courses

Please Note: you may use available educational assistance funds to pay for the following courses through HR Organization and Professional Development (OPD). Take advantage of this year’s educational assistance benefit before it resets at the beginning of fall semester!

  • Certified Human Resources Specialist (CHRS): In this virtual offering of the five-session series, participants will receive fundamental knowledge to be a successful HR professional. Pass a take-home exam to achieve CHRS certification. Course Dates: July 14, 21, 28, August 4 AND 11.

  • Advanced Certified Human Resources Specialist: As a Certified Human Resources Specialist, you know how important it is to stay abreast of changes in employment and labor laws. This CHRS follow-up program has been designed exclusively to help Certified Human Resources Specialists to stay up to date on important employment and labor law changes, discuss hot topics in HR management, learn how to apply best practices, and continue to build your professional network. Attend Advanced CHRS and earn 14 continuing education credits towards CHRS recertification. Course Dates: August 9 AND 16.

Free e-Learning Resources

  • Mitigating Bias in Hiring e-Learning Course: Learn about best practices and procedures for reducing potential bias in the screening and interview process and obtain tools for increasing understanding and self-awareness.

  • elevateU: The free elevateU online learning platform for MSU employees has a variety of resources on human resources topics. After you login to elevateU, select The Library in the top navigation, then Business Skills from the dropdown menu, followed by Human Resources in the sidebar. Subcategories on this page include HR Certifications, Engagement and Retention, Diversity and much more.

    In particular, we recommend the SHRM-CP/SCP: HR Competencies series, which identifies and discusses the eight behavioral competencies critical for HR professionals. These include Ethical Practice, Leadership and Navigation, Business Acumen, Relationship Management, Communication, Consultation, Critical Evaluation, and Global and Cultural Effectiveness. 

CUPA-HR Free Courses

The CUPA-HR website has a variety of free courses available, including a CUPA-HR: Boot Camp self-paced e-learning course that offers a higher education perspective on essential HR topics. Find all the CUPA-HR courses on the Knowledge Center CUPA-HR website.

Not yet a CUPA-HR member? Select Register for any of the linked courses on the CUPA-HR site, then choose Create a New Account in the Sign In section. Be sure to choose Michigan State University as your Organization to enjoy free membership and course access.

Employee Discounts to Support New Year’s Resolutions

If you have any New Year’s resolutions related to health and wellness goals, MSU Benefits Plus has a variety of discounts and deals that may help you achieve them. These discounts and deals are exclusive to MSU employees.

To access all the discounts, visit MSU Benefits Plus and sign-in using your ZPID number (located on your Spartan Card ID badge), or you can find the number in EBS. If you haven’t used MSU Benefits Plus previously, you’ll need to sign-up using your ZPID number to access the discounts.

Exercise More

  • GlobalFit: explore GlobalFit’s growing library of free virtual classes and resources through Corestream’s GlobalFit Portal, along with exclusive discounts for members on popular fitness and wellness products. You will need to select “Activate Benefit” in the top right-hand corner and enter your contact details in order to access all the deals. Find deals on a variety of products and services, including LesMills on-demand fitness classes, virtual Honor Yoga and Meditation classes, elliptical and treadmill machines, gym memberships, POLAR heart rate monitors, and much more!
  • FitBod: Receive 1-month membership, plus 25% off your membership if you decide to sign-up. Visit the site to redeem your free month and/or follow the instructions to sign-up for membership and receive this 25% discount.

Reduce Stress

  • Calm App: Get 57% off* the #1 app for meditation and sleep! Enjoy access to the Calm app 1-year subscriptions for only $29.99 (normally $69.99) when purchasing through this link.
  • Headspace: Try Headspace and learn the essentials of meditation and mindfulness with their free Basics course. Enjoy a free two-week trial of Headspace using this link.

Eat Healthier/Cook More

  • Shipt: For $79 per year, receive unlimited free deliveries from participating retailers on all orders over $35. Plus, get $10 off your first order. To receive this special pricing, sign up using this link and redemption code: 5ABFF1969DF.
  • Freshly: sign up to get chef cooked, healthy meals delivered right to your door. Get $60 off your first five boxes when you use promo code get60 at checkout using this link.
  • Home Chef: Get 50% off your first home chef box (up to $40) when you use code CS50 at checkout using this link.
  • EveryPlate: try Everyplate at $2.99/meal + get 20% off next 2 boxes. Use coupon code Q6-4DFGE at this link..
  • PlateJoy: get $10 off at PlateJoy using promo code GET10 at checkout using this link.

The HR website also offers other deals you can find on-campus through the MSU Tech Store, MSU Bakers, and the Kellogg Hotel & Conference Center, among others. You can check out some of those deals at MSU HR Website.

For more information on discounts through MSU Benefits Plus, visit the HR website. If you have any questions about the discounts, please call MSU Benefits Plus at 888-758-7575.

Retirement Planning: 2021 IRS Retirement Plan Contribution Limits

Whether you’ve just started working at MSU or have been here for 30+ years, it is important that you continue to monitor and adjust how much you’re saving if you want to have a comfortable retirement.

The IRS places limits on how much employees can contribute to a retirement plan each year. The IRS recently announced the retirement plan limits for 2021:

  • The annual employee contribution amount continues to be $19,500 for 403(b) and 457(b) plans.
  • The age 50 catch-up contribution amount continues to be $6,500 for 403(b) and 457(b) plans.

If you want to save as much as you can for your retirement, there is a tool in the EBS Portal called the Max Savings Contributions Calculator available to assist you. This tool automatically displays the remaining amount of retirement contributions you have available before reaching one of the limits, and the equivalent percentage of your pay to help you spread that out for the year.

To access this tool:

  1. Login to the EBS Portal with your MSU NetID and password.
  2. Click the My Benefits tab at the top.
  3. Click the Benefit/Retirement tile.
  4. Select Enroll/Change my Retirement/Health Savings Account Options in the drop-down menu and then click Next in the bottom right.
  5. Navigate in the bar graph to the Savings Plans screen by clicking Next in the bottom right.
  6. The Max Savings Contributions Calculator screen will display. This display will automatically show the remaining amount of retirement contributions you have available (if any) before reaching the IRS limit.
  7. You can adjust the percentage of your contributions to any retirement plans you participate in by clicking on the pencil icon, and then choose Select to make the change.
  8. If you want to enroll in a new plan, begin by clicking on the paper icon next to the plan and vendor of your choosing, and then enter the percentage of your new contribution and choose Select to enroll.
  9. Make sure to click on Save in the bottom right to complete and save any changes/enrollments.

If you are an academic year faculty or academic staff employee, or a Voluntary 403(b) Base participant age 50 and over, contact the HR Solutions Center at 517-353-4434 or SolutionsCenter@hr.msu.edu for further assistance in calculating your maximum contribution percentage.

Learn More About MSU’s Retirement Plans 

The HR website contains a wealth of information about the different types of retirement plans offered, retirement investment vendors, and planning tools available.