InterWest Insurance Services

AUGUST 15, 2024

A new study predicts that group health insurance costs will jump 8% in 2025, on par with what American employers have experienced this year and in 2023. Another analysis performed in early 2023 projects total savings from biosimilars to range from $125 billion to $237 billion between 2023 and 2027.

Pharmaceutical 83

Pharmaceutical Health Insurance Medical Insurance 83

Employee Benefits

NOVEMBER 16, 2023

This effort has already been recognised by the Employers Network for Equality and Inclusion, which awarded us a bronze Tide award in 2023 for our work in this area. Olivia Hill, people director at AAT, said: “AAT remains strongly committed to diversity and inclusion within our organisation.

Bonuses 59

Bonuses Recruitment Finance Employee Benefits 59

InterWest Insurance Services

AUGUST 6, 2024

A new study predicts that group health insurance costs will jump 8% in 2025, on par with what American employers have experienced this year and in 2023. Another analysis performed in early 2023 projects total savings from biosimilars to range from $125 billion to $237 billion between 2023 and 2027.

Pharmaceutical 59

Pharmaceutical Health Insurance Medical Insurance 59

McNees

MAY 25, 2022

Maryland and Delaware recently joined the growing list of states that have enacted legislation requiring employers to offer paid family and medical leave. Maryland’s new law will cover all employers with at least one employee in the state. Employers with 10 to 24 employees only need to offer parental leave.

Paid Leave 105

Paid Leave Parental Leave Deductions Deductible 105

Employee Benefits

FEBRUARY 5, 2024

Yet, at the same time, with money tight both for employers and employees, keeping driving and car costs down remains key. Here are some top tips on how employers can help employees better manage their company car costs. This will then change to 3% in 2025/26, 4% in 2026/27, and 5% in 2027/28.”

Management 91

Management Taxes Salary Engineering 91

Employee Benefits

MARCH 15, 2023

Those who have previously chosen to opt-out of their workplace pension scheme for LTA purposes, and taken cash in lieu of their employer pension contributions, should consider reviewing their situation. Jonathan Watts-Lay, Director, WEALTH at work, comments: “The fact that LTA has been abolished is excellent news for pension savers.

Pension 52

Pension Finance Government Taxes 52

Workers' Compensation

DECEMBER 28, 2023

Raising and aggressively enforcing the minimum wage signals to employers and workers alike that New Jersey values its workforce,” said Labor Commissioner Robert Asaro-Angelo. MINIMUM WAGE Under the law, some employers are allotted more time to reach the $15/hour minimum wage. hour, with employers able to claim a $9.87

Disability Insurance 52

Disability Insurance Workers’ Compensation Piece Rates Mining 52

Workers' Compensation

JUNE 17, 2024

Benefit amount is reduced by some Social Security benefits and employer disability pensions. The bill sets time limits for workers' compensation insurers and self-insured employers to notify the SIF when supplemental workers' compensation benefits are required under the bill.

Workers’ Compensation 52

Workers’ Compensation Pension Disability Insurance Insurance 52

HR Digest

MAY 23, 2023

Many employers require a college degree for certain positions, and a degree can make candidates more competitive in the job market. Having specialized skills can make college graduates more attractive to employers and increase their chances of being hired for certain positions. Career : What kind of career do you want to pursue?

Education 101

Education Finance Salary Healthcare 101

Hppy

FEBRUARY 1, 2024

billion by 2027, showcasing the rising trend of businesses turning to virtual assistance for operational efficiency. Streamlining Core Business Tasks through Virtual Assistance The burden of core business tasks can be overwhelming for qualified employees, consuming time that could be better spent on more critical aspects of the business.

Recruitment 41

Recruitment Engineering Human Resources Software 41

WEX Inc.

JUNE 20, 2024

Bonus depreciation will continue to ramp down for ensuing years: 40% for 2025, 20% for 2026, and 0% beginning in 2027. Bonus Depreciation ramped down to 80% in 2023, and will be reduced to 60% for 2024. Businesses do not have to show positive income. Again, fleet management fuel cards make it easy to keep track of business miles driven.

Bonuses 98

Bonuses Taxes Deductions Deductible 98

Florida Workers' Comp

SEPTEMBER 5, 2023

The economy nonetheless remains one of the critical elements in the employee/employer relationship. The law will be annually adjusted starting in 2027 to account for the impacts of inflation. The errosion of market forces over decades has rendered the American market increasingly regulated, socialistic, and constrained.

Government 80

Government Taxes Overtime Manufacturing 80

HR Digest

OCTOBER 30, 2023

Upon ratification, there should be an initial hike of 11 percent in 2024 , with a 3 percent hike every year until the end of the contract, ending 2027 with a 5 percent general wage increase. In line with the UAW strike deal, temporary workers could be the biggest winners with raises of over 150 percent. and skilled trades at $50.57.

401(k) 52

401(k) Bonuses Parental Leave Pension 52

Hppy

AUGUST 29, 2023

The HR management software (personnel and organization) market is expected to register a CAGR of 11.15% from 2022 to 2027 as per Mordor Intelligence. This is where custom software development comes in – tailor-made, versatile, and designed to adapt to the intricacies of your business and HR needs.

Human Resources 36

Human Resources Software Technology Payroll 36

Hppy

JULY 8, 2018

Arizona, the District of Columbia, Georgia, Nevada, North Dakota, Utah, Virginia, and Wyoming are the states with the fastest growth rates, highest employment and top revenues for U.S. In fact, researchers forecast that women executives will comprise 30-percent of organizational leaders by the year 2027. trillion in revenue that year.

Health 62

Health Education Employment Management 62

TalentCulture - Employee Benefits

JANUARY 24, 2024

Employers everywhere are struggling to retain and upskill existing employees, while simultaneously striving to hire skilled people who are prepared to meet future needs. As a result, 60% of individuals will require training before 2027 to continue performing well in the rapidly changing world of work. That’s what organizations need.

Education 121

Education Taxes Deductions Deductible 121

HR Lineup

JULY 1, 2024

As 2024 unfolds, employers across various industries are grappling with new overtime regulations that significantly impact their operations and labor costs. This comprehensive guide will delve into the new overtime rules, explaining their implications for employers, and offering practical advice on compliance.

Overtime 67

Overtime Employment Payroll System Salary 67

Business Management Daily

NOVEMBER 11, 2022

A dozen states had initiatives affecting employment this year. By July 1, 2027, tipped employees will be entitled to at least the full minimum wage. The post 2022 State ballot initiatives impacting employment law appeared first on Business Management Daily. Ballot initiatives are direct democracy in action. Massachusetts.

Employment 52

Employment Taxes Management IT 52

HR Digest

OCTOBER 9, 2024

billion USD in the Illinois plant, and continued plans to build new mid-size trucks by 2027. The enforcement of jobs banks would require Stellantis to find employment in one form or another for its existing employees but such commitments are quite risky for a business to make. The automaker had committed to investing $1.5

Banking 52

Banking Healthcare Benefits Healthcare Education 52

Benefits Notes

MARCH 31, 2021

Many of the provisions in this sweeping legislation bring changes to the employee benefits world of which employers should take note and which are summarized below. The ARPA also allows the employer, insurer, or multiemployer plan sponsor who subsided the premiums to offset the cost by claiming a new federal tax credit. Tax Credit.

Family and Medical Leave Act 40

Family and Medical Leave Act Employee Benefits Taxes Pension 40

Workers' Compensation

DECEMBER 29, 2021

Under the law, seasonal and small employers were given until 2026 to reach $15 per hour to lessen the impact on their businesses. Agricultural workers are guided by a separate minimum wage timetable and were given until 2027 to reach the $15/hour minimum wage. hour, with employers able to claim a $7.87 hour on Jan. tip credit.

Workers’ Compensation 59

Workers’ Compensation Piece Rates Health Employment 59