HR Digest

NOVEMBER 27, 2024

Reports have revealed that Walmart’s DEI policies are being scaled back entirely, as the company is no longer planning to review its five-year commitment to its equity racial center, which was initially set up in 2020. This is because the retailer is the biggest employer in the U.S. to do so, with over 1.6

Retail 94

Retail Employment Management IT 94

HR Lineup

MAY 17, 2022

The great resignation is here and not going away anytime soon until employers evaluate their employees’ needs and find ways to retain them. You see, the 2020 COVID-19 was an eye-opener for employees since they felt overworked. The ongoing great resignation has left employers wondering how they could retain their existing talent.

Paid Leave 246

Paid Leave Employee Retention Bonuses Work From Home 246

HR Digest

OCTOBER 6, 2021

After reflecting on what’s most important to them throughout the pandemic, 40% of the global workforce is considering leaving their employer this year. [1] HR should establish a clear vision for the worker-employer relationship that’s rooted in organization and workforce values.

Employment 105

Employment Technology Health Government 105

HR Digest

AUGUST 2, 2024

Image: Pexels Job Benefits Attract Candidates and Should Be Prioritized in Job Postings According to Indeed , the mention of at least one employer-sponsored benefit in job postings in the U.S. rose to 59 percent in May 2024, as compared to 40 percent in January 2020.

Work From Home 105

Work From Home Medical Salary Insurance 105

Employee Benefits

MARCH 3, 2022

Nearly half (46%) of UK employers with defined contribution (DC) pension schemes say that delivering positive outcomes for members in this scheme is now their top priority, according to research by global professional services firm Aon. Back in 2020, employers’ main priority was to offer a pension that was broadly in line with competitors.

Pension 105

Pension Employment Professional Services Government 105

Money Talk

SEPTEMBER 30, 2022

There is a two-year look-back period so 2022 IRMAA surcharges are based on 2020 modified adjusted gross income (MAGI). 2020) to the year that they are paying IRMAA (e.g., The rationale for both payments is that people who earn more can afford to pay more for taxes and health care. to $573.30 for Medicare Part B and $12.40

401(k) 245

401(k) Taxes Pension Deductions 245

Employee Benefits

MAY 3, 2023

Sickness absence recording by employers hit its lowest level in three years in January 2023 (80%), according to research by industry body Group Risk Development (Grid). In 2022, 85% recorded sickness absence and 63% measured its impact, compared with 84% and 63% in 2021, and 85% and 65% in 2020, respectively.

Employment 104

Employment Insurance Employee Benefits Management 104

WEX Inc.

DECEMBER 3, 2024

And the CARES Act, which was signed into law in 2020, made popular over-the-counter drugs and medicines eligible for FSA funds without a prescription. Administering your own FSA can be time-consuming, so many employers turn to third-party administrators (TPAs). We’ve proven to be industry leaders in simplifying the claim process.

Flexible Spending Account 98

Flexible Spending Account Flexible Spending Medical Taxes 98

InterWest Insurance Services

MARCH 22, 2022

The deadline is fast approaching for employers with 5 or more workers in California, and who do not already offer their employees a retirement plan, to register their staff for the CalSavers Retirement Savings Program. Employers with 50 or more workers – The deadline for registration was June 30, 2021. Employers can register here.

401(k) 98

401(k) Retirement Plan Employment Deductions 98

InterWest Insurance Services

MARCH 20, 2025

Employers that have decided to offer their staff individual healthcare reimbursement accounts to purchase health insurance on their own have been encountering administrative headaches. Simply tracking whether workers in an ICHRA plan have secured coverage can be complicated, but employers need to contend with other compliance issues too.

Health Insurance 72

Health Insurance Insurance Taxes Healthcare 72

Workplace Insight

DECEMBER 1, 2022

Two in five (43 percent) employees with a less visible disability haven’t disclosed it to their employer, according to a new poll. million people in the UK had a disability in the 2020/21 financial year. Meanwhile, Business Disability Forum has launched a new guide to disability language for businesses and employers.

Employment 98

Employment Healthcare Medical IT 98

Money Talk

SEPTEMBER 9, 2021

We are now 18 months (March 2020- September 2021) into the pandemic. Below are five key aspects of life that many people have been re-evaluating: Employment - The “Great Resignation” is underway as people are quitting jobs at a much higher-than-normal rate. Worse yet, there is STILL no end in sight.

Finance 242

Finance Education Work From Home Taxes 242

HR Digest

AUGUST 3, 2024

In a memo to employees announcing the news regarding the layoffs, CEO Pat Gelsinger explained that their annual revenue in 2020 was $24 billion USD higher than it was last year, however, their workforce has grown by 10 percent. These numbers make their current business model unsustainable.

Employment 98

Employment IT 98

InterWest Insurance Services

FEBRUARY 10, 2022

A California appellate court in December ruled that a lawsuit filed by the widow of a 72-year-old man who died of COVID-19 in April 2020 could proceed. Late in 2020, she and her three daughters sued the company for allegedly causing his death. And courts in other states may use the decision as guidance.

Employment 98

Employment Workers’ Compensation IT 98

Best Money Moves

JULY 19, 2022

Here’s how employers can help. What can employers do to help their teams? Since the federal student loan pause started in 2020, repayment has not been top-of-mind for most Americans. Here’s how employers can help first appeared on Best Money Moves. Most Americans live paycheck-to-paycheck.

Employment 105

Employment Retirement Plan Food Taxes 105

Business Management Daily

AUGUST 5, 2024

Before 2020, they had yet to migrate into the digital space. A study by Lorman Education Services found that 74% of workers are willing to learn new skills or re-train themselves to remain employable. These statistics reflect the morale and engagement boost related to employer-provided upskilling. Why is that?

Employee Retention 111

Employee Retention Technology Human Resources Education 111

Money Talk

MAY 11, 2023

Legislation - As a result of this December 2022 law , designed to boost retirement savings by American workers, benefits experts are predicting more qualified employer plans and more plan participants…eventually. They can spend, gift, or resave this money. Time will tell if workers save more money and have more income in retirement.

Retirement Plan 246

Retirement Plan Taxes Finance Government 246

HR Lineup

JUNE 20, 2022

The 2020 COVID-19 pandemic caused a transition in business operation, whereby implementing a hybrid working policy is one of the critical changes. A remote-first and office-site are the hybrid working examples employers have initiated in their work policy. Employers should weigh the pros and cons of the hybrid work model.

Work From Home 244

Work From Home Employment Technology Management 244

Achievers

JANUARY 26, 2021

Even wonderful employers face the occasional loss of a worker. Access Achievers’ 2020 Engagement and Retention Report to learn more key stats and findings. The employee turnover rate across all industries is 10.9 percent, representing a range between 13.2 percent in the technology (software) industry and 10.8

Salary 320

Salary Employee Recognition Software Recruitment 320

HR Digest

FEBRUARY 16, 2022

Many employers completed employee surveillance and this was usually against the will of the workers. Most employers wanted to take control over the employees’ behavior and that is why they applied many methods of surveillance. . Your employer is watching! This meant that their employee privacy law was in danger. .

Employment 98

Employment Work From Home Retail Software 98

HR Digest

JULY 16, 2024

In order to meet these standards, the OSHA Act covers most private-sector employers and their workers along with some public-sector groups in the 50 states and certain territories under federal authority. In 2020, a manager told Bloomberg that employees had been asked to build a pyramid of boxes in front of an emergency exit.

Consulting 90

Consulting Management Employment IT 90

Achievers

MARCH 6, 2020

Unfortunately, a lack of recognition is the third most common reason employees leave their employers. When: Conducted March 2020. But, you shouldn’t assume that these types of perks are motivating employees to do their best work (and what keeps them loyal to your company). Use the right type of recognition. Share your comments below.

Employee Recognition 231

Employee Recognition Bonuses Employee Retention Media 231

InterWest Insurance Services

MAY 25, 2022

employers as they ramp up benefits to compete for talent in the tight job market spawned by the COVID-19 pandemic. The focus on health care and insurance costs, mental health and expanded telehealth comes as employers continue pulling out all the stops to compete in a tight job market but face health care inflation headwinds.

Employment 97

Employment Out of Pocket Cost Health Insurance Insurance 97

Business Management Daily

JANUARY 4, 2022

And while no employers welcomed the disruption, effective leaders confronted new realities head-on rather than trying to wish them away. Employers learned that survival depended on embracing change. “We They were appreciative of how well we took care of them in 2020.”. Flexibility. and “What happens if I get sick?”.

Employment 105

Employment PTO Hospitality Health Insurance 105

HR Lineup

DECEMBER 30, 2021

For every employee to receive an equal opportunity at work, employers are resorting to remote or hybrid work systems. For instance, employers might find an easily accessible workplace for their workers, but employees with disabilities will still find it challenging to access the workplace. Increased Remote/Hybrid Work Schedules.

Technology 244

Technology Human Resources Recruitment Software 244

Money Talk

MARCH 4, 2022

Required Minimum Distributions (RMDs) - Taxpayers with traditional IRAs, SEPs (self-employed), and employer retirement savings plans (401(k), 403(b), 457, and TSP) must begin annual RMDs upon reaching age 72. 2020 tax returns for 2022 premiums). At this point, RMDs are added to taxable ordinary income. Part B premium. to $578.30.

Taxes 245

Taxes 401(k) Deductions Deductible 245

Employee Benefits

MAY 24, 2023

Our menopause-friendly employer accreditation is something we are very proud of. Strategically, accreditations are boosting our engagement scores (85% positive, 12% ahead of the sector benchmark); talent retention (increased by 5%); and focus attention and investment on wellbeing (84% positive, from 71% in 2020).

Employment 98

Employment Employee Benefits IT 98

InterWest Insurance Services

MARCH 28, 2024

Pharmacy spending, high-cost claimants and newly developed anti-obesity drugs are expected to shape health benefits and affect the cost of care and health insurance for employers, according to a new report. Pharmacy spending Between 2020 and 2023, the average per member per month pharmacy spend increased 38% from $86 to $119.

Employment 98

Employment Pharmaceutical Health Insurance Medical 98

Employee Benefits

APRIL 10, 2023

Pressures on their finances, mental wellbeing and physical health have been almost ever present since the start of the pandemic in 2020, and the last six months has seen a cost-of-living crisis amplify these pressures further. UK employees have not had it easy over the last few years. This is where support at work is crucial.

Employment 98

Employment Finance Consulting Employee Benefits 98

Business Management Daily

SEPTEMBER 11, 2024

According to the World Economic Forum (WEF), the world has desperately needed a reskilling revolution since 2020, and the problem has only been exacerbated in the years since the pandemic. Their employer decides to adopt automation technology, which eliminates every task and responsibility the assembly line worker has. Why is that?

Technology 94

Technology Recruitment Education Engineering 94

Employee Benefits

NOVEMBER 16, 2022

In 2020, much of our attention was on helping our people to navigate the various physical and mental challenges brought on by the pandemic, but so much has changed since then. Here at Fujitsu, employee wellbeing support is a constant, but the focus is ever evolving. appeared first on Employee Benefits.

Employment 98

Employment Education Employee Benefits Management 98

Money Talk

SEPTEMBER 1, 2021

. ¨ Loss of a Job - Employers are starting to wield “sticks” instead of dangle “carrots” to get their workforce vaccinated. Some unvaccinated workers may lose their jobs as employers announce “zero-tolerance” mandatory vaccination policies in conjunction with a required return to workplaces. Unlike "lifestyle" factors (e.g.,

Hospitality 225

Hospitality Health Insurance Medical Life Insurance 225

Griffin Benefits

NOVEMBER 10, 2022

Employers in Arizona may think they are immune to the nationwide surge in the enactment of Paid Family Medical Leave (PFML) programs. This is especially true because there are actions Arizona employers can take now to better adapt in the future. HOW ARIZONA EMPLOYERS CAN PREPARE. So does this mean employers need to panic?

Family and Medical Leave Act 89

Family and Medical Leave Act Medical Paid Sick Leave Employment 89

The Workcomp Writer

DECEMBER 27, 2024

Employer Encouraged, But Did Not Require Innoculation A New York appellate court has affirmed the state Workers Compensation Boards denial of benefits to a healthcare worker who suffered adverse reactions to a COVID-19 vaccination [ Matter of Shmulsky v. Critical to the decision was evidence regarding the employers vaccination policy.

Workers’ Compensation 52

Workers’ Compensation Healthcare Employment IT 52

Best Money Moves

MARCH 3, 2021

It’s no secret that 2020 was a disruptive year. Fallout from the Coronavirus/COVID-19 pandemic forced millions of Americans to work from home, and changed the way employers think about employee wellness. In a recent PwC survey, 83% of employers said their shift to remote work has been successful.

Work From Home 122

Work From Home Employment Employee Benefits Employee Wellness 122

InterWest Insurance Services

MARCH 4, 2022

A new report has concluded that the Affordable Care Act, which took full effect in 2013, did not result in a significant change in the number of employers offering health insurance, although the rate at which small employers offered coverage declined slightly by 2.6 percentage points between 2013 and 2020. The pandemic effect.

Health Insurance 98

Health Insurance Insurance Retail Professional Services 98

Employee Benefits

APRIL 17, 2024

Wellbeing levels among employees have dropped since the start of the Covid-19 pandemic, falling from 73% in 2020 to 66% in 2023, according to employee engagement expert Inpulse. As many as 70% of employees in 2023 felt part of a supportive community at work, down from 79% in 2020.

Management 106

Management Employee Benefits Employment IT 106