McDermott Will & Emery Employee Benefits

APRIL 9, 2024

If you employ part-time workers and/or engage independent contractors, sit up and take note: 2024 brings significant changes to how you must manage your workforce.

Employee Benefits 105

Employee Benefits 401(k) Employment Management 105

PeopleKeep

OCTOBER 30, 2024

In today's competitive labor market, employee benefits are more important than ever. According to our 2024 Employee Benefits Survey , 81% of employees consider an employer’s benefits package as an important factor in whether they accept a job.

Health Insurance 105

Health Insurance Insurance Employment Benefits Package 105

Proskauer's Employee Benefits & Executive Compensa

JANUARY 16, 2024

Act of 2022 (“SECURE 2.0”), the IRS issued Notice 2024-02 , which addresses SECURE 2.0 Although Notice 2024-02 offers helpful guidance for employers and plan administrators, it does not include hotly anticipated guidance on SECURE 2.0 only employee contributions could be designated as Roth contributions.) Before SECURE 2.0,

401(k) 111

401(k) Taxes Retirement Plan Employment 111

Best Money Moves

MARCH 11, 2024

The 4 best benefits in 2024, according to employees. Your benefits choices go a long way toward attracting the right employees. Here are the 4 best benefits in 2024, according to employees. To evolve your benefits strategy, you need to understand what will help your employees the most.

Retirement Plan 105

Retirement Plan Healthcare Healthcare Benefits Parental Leave 105

Employee Benefits

JULY 15, 2024

Half (49%) of UK organisations reported that their 2024 salary budgets were lower than the previous year, according to global advisory, broking and solutions firm Willis Towers Watson (WTW). Approximately 32,000 responses were received from employers across 168 countries worldwide, with 1,179 UK organisations responding.

Salary 105

Salary Bonuses Workplace Flexibility Payroll 105

Employee Benefits

NOVEMBER 15, 2023

With 50% of employers planning to increase spend on financial wellbeing in place of offering wage increases and cost-of-living payments, it’s never been more important to make employee benefits sustainable. Read on to discover the financial wellbeing trends we expect in 2024 and how you can embed them within your business.

Salary 98

Salary Employee Benefits Government Employment 98

Employee Benefits

DECEMBER 12, 2023

More than half (55%) of HR teams say their top priority for 2024 will be preparing their organisation for the impact of artificial intelligence (AI) and automation, according to research by digital services and payments platform Edenred. Use incentives to reinforce company values and encourage behaviour that underpins business success?”

Retail 115

Retail Employee Benefits Employment IT 115

Employee Benefits

FEBRUARY 14, 2024

Employees will have more rights to ask for flexible-working arrangements under new legislation coming in this year. Workers with 26 weeks of employment can ask for flexibility on how, where and when they work. An employer can still refuse a request, particularly if it is not viable or even detrimental to the business.

Consulting 110

Consulting Payroll Salary Recruitment 110

Employee Benefits

MARCH 20, 2024

Neurodiversity Celebration Week 2024 this year takes place on 18-24 March. Workplaces are still largely designed with neurotypical people in mind and many employers remain unclear on how to support neurodiverse colleagues with some of the challenges they may face.

Employment 102

Employment Employee Benefits Management Taxes 102

International Foundation of Employee Benefit Plans

AUGUST 15, 2023

corporate employers project a median health care cost increase of 7% for 2024, according to International Foundation of Employee Benefit Plans survey results.

Employment 81

Employment Employee Benefits Management 81

Best Money Moves

JUNE 25, 2024

Financial stress in 2024: Revealing insights about Americans and Money. Financial stress is still a major struggle for employees across all industries. Here are the top statistics updated for 2024. Household debt coming into 2024 soared to $17.3 However, only 2 out of 5 employers offer financial wellness programs.

Banking 102

Banking Finance Voluntary Benefits Utilities 102

Employee Benefits

APRIL 30, 2024

Employee Benefits poll: Three-quarters (75%) of organisations offer their employees volunteering or charity days , according to a survey of Employee Benefits readers. Conversely, one-quarter (25%) of respondents said they do not offer their employees volunteering or charity days.

Employment 108

Employment Recruitment Employee Benefits IT 108

Employee Benefits

AUGUST 23, 2024

Something for the weekend: Budapest, the capital city of Hungary, has been named the world’s best workcation city for 2024 in research by International Workplace Group. These workcation destinations all sound great to us at Employee Benefits. We’re packing our bags and laptops now!

Transportation 98

Transportation Food Government Technology 98

Employee Benefits

FEBRUARY 13, 2024

Mental health support will be the most in-demand health and wellbeing benefit in 2024, according to research from Towergate Health and Protection. The survey of 500 HR professionals found that 41% are expecting to see an increase in demand for mental health support from their employees.

Employment 116

Employment Recruitment Employee Benefits IT 116

Employee Benefits

SEPTEMBER 20, 2024

The Employee Benefits Live conference programme is now available. On Wednesday 9 October, our keynote speakers will be Olympian and broadcaster Mark Foster and Natalie Jutla, employee benefits and employee financial wellbeing lead at the Department for Environment, Food and Rural Affairs (Defra).

Employee Benefits 59

Employee Benefits Entertainment Food Healthcare 59

Employee Benefits

JANUARY 16, 2024

Nationwide gym chain The Gym Group has achieved menopause-friendly employer accreditation as part of its commitment to comprehensive e mployee wellbeing and care. To become accredited, employers are assessed by an independent panel across the areas of culture, policies and practices, training, engagement , facilities, and evaluation.

Employment 105

Employment Employee Benefits IT Healthcare 105

Employee Benefits

FEBRUARY 21, 2024

The new year has already brought some welcome news for employees, with the cut in employee national insurance contributions (NICs) from 12% to 10%. As of 6 January 2024, the cut means that all employees who currently pay NIC will benefit. on pay and taxable benefits. Is it all good news?

Insurance 108

Insurance Employment Taxes Salary 108

HR Digest

AUGUST 3, 2023

In 2023, the labor market was a wild rollercoaster ride for both employers and employees. The survey also revealed that 22% of companies intended to cut the amount dedicated to salary increases in 2024, a significant jump from the previous year. Ah, the eternal tug-of-war between employers and employees.

Paid Leave 98

Paid Leave Salary Benefits Package Human Resources 98

Employee Benefits

JUNE 14, 2024

The winners of the 22nd annual Employee Benefits Awards will be unveiled today (Friday 14 June). The Employee Benefits Awards 2024 is a must-attend event for those in the reward, benefits and HR industry. The post Who will win at the Employee Benefits Awards 2024?

Employee Benefits 59

Employee Benefits Banking Employment IT 59

HR Lineup

MAY 10, 2024

Employee turnover continues to pose significant challenges for businesses in 2024, particularly amidst evolving workplace dynamics and shifting employee expectations. The post Top Strategies to Reduce Employee Turnover in 2024 appeared first on HR Lineup.

Benefits Package 95

Benefits Package Flexible Spending Account Employee Retention Flexible Spending 95

Employee Benefits

MAY 29, 2024

Support and communications that are useful to the majority of employees can avoid exclusion. In its State of financial wellbeing index 2024 report, published in May 2024, Wagestream found that half (54%) of the employees surveyed said financial concerns have caused their mental health to decline.

Employment 116

Employment Education Employee Enrollments Technology 116

Employee Benefits

JUNE 24, 2024

Three-fifths (59%) of employees ranked financial wellbeing as the area where they want the most support from their employer over the next three years, according to a new survey by Willis Towers Watson (WTW). The post 59% of staff rank financial wellbeing as most wanted support from employer appeared first on Employee Benefits.

Employment 110

Employment Finance Consulting Education 110

Employee Benefits

JANUARY 17, 2024

More than two-fifths (43%) of employers offer no additional support beyond time off for bereavement , according to research by bereavement support firm Empathy. The post 43% of employers do not offer bereavement support beyond time off appeared first on Employee Benefits.

Employment 110

Employment Paid Leave Employee Benefits IT 110

WEX Inc.

MAY 17, 2023

Key takeaways - 2024 HSA contribution limits 2024 HSA contribution limits will increase to $4,150 and $8,300 for self-only and family HSAs, respectively. 2024 HDHP minimum deductible and maximum out-of-pocket limits also are increasing. Health savings account (HSA) contribution limits are on the rise again in 2024.

Health Savings Account 98

Health Savings Account Deductible Deductions Taxes 98

Best Money Moves

SEPTEMBER 6, 2023

What are the deadlines for Open Enrollment 2024? Learn about key deadlines and special enrollment opportunities for the 2024 Open Enrollment Period. Open Enrollment 2024 is right around the corner, providing your workforce with an important opportunity to choose a health insurance plan for the upcoming year.

Health Insurance 98

Health Insurance Insurance Healthcare Employee Benefits 98

McDermott Will & Emery Employee Benefits

APRIL 18, 2023

The law will become effective on January 1, 2024, requiring employers to utilize the remaining months of 2023 […] The post Illinois’ New Paid Leave Law: What Employers Need to Know appeared first on EMPLOYEE BENEFITS BLOG.

Paid Leave 98

Paid Leave Employment Utilities Employee Benefits 98

HR Lineup

MAY 28, 2024

As we step into 2024, the landscape of employee benefits and perks is continuously evolving. These programs go beyond the traditional healthcare and retirement plans, incorporating elements that cater to employees’ holistic well-being. What are Employee Perks?

Health and Welfare 90

Health and Welfare Retirement Plan Health Insurance Parental Leave 90

Employee Benefits

JUNE 17, 2024

Co-op was presented with the highly coveted Grand Prix award at the Employee Benefits Awards 2024, which took place on Friday 14 June at The Honourable Artillery Company (HAC) in London last week. More details about the Employee Benefits Awards 2025 will be given later this year.

Employee Benefits 59

Employee Benefits Consulting Employment IT 59

Employee Benefits

FEBRUARY 12, 2024

More employers could introduce gender inclusive paid parental leave to prevent and try to close gender pension gaps. 2) Bill will remove the lower earnings limit, enabling more employees to pay into a pension. Targeted action is likely to differ from each employer and be a combination of culture and specific support measures.

Pension 104

Pension Parental Leave Employment Education 104

Employee Benefit News

DECEMBER 2, 2024

According to Aflac, 54% of employees believe employers care about their mental health — but does that translate to less burnout?

Employment 124

Employment Employee Benefits Healthcare 124

Employee Benefits

DECEMBER 19, 2023

When it comes to big purchases, such as if a washing machine breaks, discount vouchers are often available through voucher and discount websites, and some people also have access to discount schemes through their employer. Many employers offer payroll-deducted savings schemes for effortless saving.

Finance 104

Finance Banking Pension Insurance 104

Employee Benefit News

DECEMBER 26, 2023

A shift in what wellness means to employees — especially working moms — can help recruit and retain top talent.

Employment 102

Employment Recruitment Employee Benefits 102

Employee Benefits

JANUARY 24, 2024

And, while most people are happy to watch the roller coaster ride from the sidelines, employers are beginning to consider crypto as part of their pay strategies. Forward-thinking businesses are already seeing it as a potential differentiator when attracting and retaining employees.” appeared first on Employee Benefits.

Global Payroll 105

Global Payroll Employment Taxes Pension 105

Employee Benefit News

DECEMBER 17, 2024

EBN looks at some of our biggest healthcare stories of 2024 and the insights they provided employers.

Healthcare 63

Healthcare Employment Employee Benefits 63

InterWest Insurance Services

JANUARY 12, 2024

workers struggle with mental health issues and stress, more employers are offering new chatbot apps to help them. A survey this past summer of 457 employers by Willis Towers Watson found that 24% of them offer a “digital therapeutic” for mental health support. As a record amount of U.S.

Employment 95

Employment Voluntary Benefits Commissions Benefits Package 95

HR Lineup

JUNE 9, 2024

It centralizes employee data and automates various HR tasks, making it easier for HR departments to handle administrative functions and strategic activities. Here, we explore the ten best employee database software in 2024, evaluating their features, benefits, and potential drawbacks to help you make an informed decision.

Software 96

Software Payroll Human Resources Overtime 96

Employee Benefit News

FEBRUARY 20, 2024

Employers can offer a helping hand, and better benefits and workplace support. Working parents spend 20% of their income on child care — if they can even find it.

Employment 134

Employment Employee Retention Employee Benefits IT 134