PeopleKeep

NOVEMBER 27, 2024

A new year brings new contribution limits for various employee benefit plans. If you’re currently offering benefits or looking to enhance your benefits package in 2025, you need to be aware of the changes to maximum contribution limits.

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WEX Inc.

NOVEMBER 21, 2024

When it comes to 2025 employee benefits trends , many companies are seeking innovative solutions to meet the changing needs of their workforce. Shaped by changing work environments, economic pressures, and technological advancements, the following trends are emerging as essential components of a competitive benefits package.

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McDermott Will & Emery Employee Benefits

DECEMBER 12, 2024

With the 2025 plan year right around the corner, this is the ideal time for plan sponsors to ensure that plan operations comply with evolving legislative and regulatory requirements. This client alert highlights important regulatory changes that will impact retirement plans and health and welfare plans in the coming year. Read more here.

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Employee Benefit News

DECEMBER 4, 2024

Financial wellness offerings in particular can have a broad positive impact on employee well-being.

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Employee Wellness Employee Retention Employee Benefits 119

McDermott Will & Emery Employee Benefits

NOVEMBER 5, 2024

The Internal Revenue Service (IRS) has announced the cost-of-living adjustments to the applicable dollar limits for various employer-sponsored retirement and welfare plans for 2025. Most of the dollar limits that are subject to adjustment for cost-of-living increases will increase for 2025. See the amounts here.

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Best Money Moves

DECEMBER 9, 2024

Compared to years prior, employees are more interested in retirement benefits and paid leave opportunities. Here are the most important benefits your company needs in 2025. Financial wellness remains atop the benefits trends The common thread that connects most employee concerns is a high level of financial stress.

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Employee Benefit News

NOVEMBER 26, 2024

While companies like Amazon and Starbucks are calling employees back to the office, other big organizations are maintaining more flexible work options.

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InterWest Insurance Services

DECEMBER 2, 2024

January 9, 2025 9:00 am – 12:00 pm All roads lead back to legislation…The bills for 2025 have been signed and new laws will be implemented very soon. In this session of our Employers’ School, the employment law and HR experts at Holden Law Group will review new employment laws taking effect in 2025.

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CorpStrat

DECEMBER 4, 2024

As the year winds down, employers have a crucial opportunity to fine-tune their employee benefits strategy. Open enrollment is wrapping up, and now is the time to ensure your benefits package is ready to meet employee needs and support your 2025 business goals. Let’s talk! Let’s make it work for you.

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Sodexo Engage

NOVEMBER 28, 2024

Budget-Busting Employee Benefits Strategy Guide corin.chapman Thu, 11/28/2024 - 16:41 Your Budget-Busting Employee Benefits Strategy Using benefits to make savings and fund business growth. Enhance your employee value proposition and retain talent without creating additional financial pressures.

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Best Money Moves

NOVEMBER 30, 2021

5 must have employee benefits and perks for 2022. A new year means new opportunities to improve your benefits packages and offer more support to your team. 2022 is right around the corner, and with it comes a new opportunity to update your benefits offerings to better serve your employees. .

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Family and Medical Leave Act Employee Benefits Paid Leave Benefits Package 105

McDermott Will & Emery Employee Benefits

FEBRUARY 6, 2024

Act, employers must now offer employees who work at least 500 hours within three (reduced to two beginning January 1, 2025) consecutive 12-month periods an opportunity to make elective deferrals to their 401(k) plans and, beginning in 2025, their 403(b) plans. Following the SECURE Act and the SECURE 2.0

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McDermott Will & Emery Employee Benefits

FEBRUARY 2, 2024

Act require employers to offer employees who work at least 500 hours within three (reduced to two beginning January 1, 2025) consecutive 12-month periods an opportunity to make elective deferrals to their 401(k) and, beginning in 2025, their 403(b) plans. Together, the SECURE Act and the SECURE 2.0

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McDermott Will & Emery Employee Benefits

MAY 7, 2024

On April 1, 2024, the Centers for Medicare & Medicaid Services (CMS) released the Announcement of Calendar Year (CY) 2025 Medicare Advantage (MA) Capitation Rates and Part C and Part D Payment Policies, otherwise known as the rate announcement.

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Employee Benefit News

DECEMBER 19, 2024

Experts from Nava Benefits and Garner Health break down how HR teams can tackle their health plan strategies in 2025.

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McDermott Will & Emery Employee Benefits

JANUARY 25, 2024

Act, employers must provide long-term, part-time employees the opportunity to make elective deferrals under their 401(k) plans and, beginning in 2025, their 403(b) plans. Under the SECURE Act and the SECURE 2.0 This new rule is fraught with complexity and has generated numerous questions about how the requirements apply.

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401(k) Employee Benefits Employment Retirement Plan 105

McDermott Will & Emery Employee Benefits

JANUARY 30, 2024

Act, employers must provide long-term, part-time employees the opportunity to make elective deferrals under their 401(k) plans and, beginning in 2025, their 403(b) plans. Under the SECURE Act and SECURE 2.0

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401(k) Employee Benefits Employment Retirement Plan 105

McDermott Will & Emery Employee Benefits

FEBRUARY 15, 2024

Under the SECURE Act and the SECURE 2.0

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401(k) Employee Benefits Employment Retirement Plan 104

Employee Benefits

NOVEMBER 17, 2022

Autumn budget 2022: The government has announced that electric cars, vans and motorcycles will be required to pay vehicle excise duty (VED) from April 2025. Zero emission cars first registered between 1 April 2017 and 31 March 2025 will also pay the standard rate. The tax system should continue to adapt to reflect consumer behaviour.

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Taxes Finance Engineering Government 59

McDermott Will & Emery Employee Benefits

FEBRUARY 8, 2024

Under the SECURE Act and the SECURE 2.0

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Best Money Moves

SEPTEMBER 4, 2024

Open Enrollment 2025: Important deadlines you need to Know. Learn all about the most critical deadlines for Open Enrollment 2025 in this helpful article. Open Enrollment 2025 is a critical period during which your workforce can update their benefits choices. Prepare for Open Enrollment 2025 with Best Money Moves.

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Health Insurance Insurance Healthcare Employee Benefits 52

McDermott Will & Emery Employee Benefits

MAY 23, 2024

The New York State fiscal year 2024 – 2025 budget institutes a new tax on health plans, including insurers and managed care organizations. This tax has been garnering attention for its promise to yield $4 billion for New York State.

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Taxes Insurance Employee Benefits Health and Welfare 98

McDermott Will & Emery Employee Benefits

FEBRUARY 13, 2024

Act, employers must provide long-term, part-time employees the opportunity to make elective deferrals under their 401(k) plans and, beginning in 2025, their 403(b) plans. IRS Confirms Long-Term, Part-Time Employees Excludible From Certain Nondiscrimination Testing appeared first on EMPLOYEE BENEFITS BLOG.

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Employee Benefit News

AUGUST 22, 2024

As employers put together their strategy for the upcoming year, they should take note of a few key trends.

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Employment Employee Benefits Healthcare 100

McDermott Will & Emery Employee Benefits

OCTOBER 12, 2023

Illinois recently amended its Equal Pay Act to require employers with 15 or more workers to include pay and benefits information for each covered job posting. There is, however, a delayed start date: This amendment will take effect on January 1, 2025. Learn more here.

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Employee Benefits Employment IT 105

Employee Benefit News

DECEMBER 4, 2024

Financial wellness offerings in particular can have a broad positive impact on employee well-being.

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Employee Wellness Employee Retention Employee Benefits 77

Employee Benefits

JULY 16, 2024

Multinational telecommunications firm BT Group is to roll out a new family leave policy for its UK employees from 1 January 2025. Regardless of how their family is made up, all employees will be able to take 18 weeks’ leave on full pay , eight weeks of half pay and 26 weeks at the statutory rate.

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Telecommunication Paid Leave Retail Bonuses 111

McDermott Will & Emery Employee Benefits

AUGUST 15, 2023

However, beginning in 2025, the SECURE 2.0 Act makes so-called “super-catch-up contributions” available to certain employees. s Catch-Up Contributions, Age Is More Than Just a Number appeared first on EMPLOYEE BENEFITS BLOG. For SECURE 2.0’s

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Retirement Plan Employee Benefits Employment 96

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. Co-op was the winning entry in the Best financial wellbeing strategy – large employer category at the 22nd annual Employee Benefits Awards.

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Employee Benefits

SEPTEMBER 19, 2024

for 2024 to 2025. The post Train drivers accept pay deal appeared first on Employee Benefits. On Wednesday 14 August, a formal offer was received, deemed acceptable by Aslef’s executive committee and put to members. The deal is a no-strings three-phase offer of 5% for 2022-2023, 4.75% for 2023 to 2024, and 4.5%

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Transportation Government Pension Engineering 111

Employee Benefits

MARCH 8, 2024

The roles will be fixed-term contracts for 24 months and will be initially be based at offsite storage in Iver, Buckinghamshire, before moving to the V and A East Storehouse in 2025. The post Victoria and Albert Museum looks for David Bowie enthusiasts appeared first on Employee Benefits.

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Banking Salary Employee Benefits Management 111

Proskauer's Employee Benefits & Executive Compensa

SEPTEMBER 29, 2022

Notice 2022-45 rectifies this inconsistency, deferring the deadline to adopt changes covered by Section 2202 of the CARES Act— i.e. , penalty-free coronavirus-related distributions, increasing the permissible loan amount, and delaying repayment of loan amounts—from December 31, 2022 to December 31, 2025.

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Taxes Retirement Plan IT 114

Employee Benefits

SEPTEMBER 2, 2024

Local authorities in Norfolk, Medway and Lambeth will pilot it when it is ready for testing in early 2025. We are excited to provide these vital checks to approximately 4,500 of our Solihull employees before the end of this financial year.”

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Employee Benefits

APRIL 4, 2023

Employee Benefits poll: Almost nine in 10 (89.7%) Employee Benefits readers feel the government should have aimed for a shorter implementation timeline for the free childcare initiative introduced during this year’s Spring Budget. A total of 6.1% were unsure. For them, childcare remains just too expensive.”

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Government Employee Benefits IT 105

Employee Benefits

MARCH 25, 2024

The drivers will receive the payment on top of their standard four-day week pay, and the deal will be in place until 29 March 2025. The post Avanti West Coast train drivers receive overtime shift fee increase appeared first on Employee Benefits.

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Employee Benefits

JULY 15, 2024

The findings revealed that overall salary budget increases are expected to rise by 4% in 2025, despite consistently declining since 2023, while the overall median pay rise for 2024 fell to 4.6%, compared 5.3% The post 49% of UK organisations’ 2024 salary budgets were lower than the previous year appeared first on Employee Benefits.

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Employee Benefits

OCTOBER 3, 2023

The employee benefit helps our UK colleagues to improve their own environmental impact and supports the bank’s commitment to reaching net zero carbon emissions in our own operations by 2025.” The post Standard Chartered launches electric and hybrid vehicle salary sacrifice scheme appeared first on Employee Benefits.

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