Bank Failures Impact Payroll Professionals
PayrollOrg
MAY 2, 2023
The American Payroll Association offers best practices following the March 10 collapse of Silicon Valley Bank and the March 12 failure of Signature Bank.
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Bank Failures Impact Payroll Professionals
PayrollOrg
APRIL 28, 2023
The American Payroll Association offers best practices following the March 10 collapse of Silicon Valley Bank and the March 12 failure of Signature Bank.
Banking 
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Bank Failures Impact Payroll Professionals
PayrollOrg
MARCH 14, 2023
The American Payroll Association offers best practices following the March 10 collapse of Silicon Valley Bank and the March 12 failure of Signature Bank.
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Bank of America raises minimum wage to $24 an hour
Employee Benefit News
SEPTEMBER 10, 2024
Bank of America will increase its minimum hourly wage to $24 next month.
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HR’s Complete 2025 Calendar of Important Dates
Advertiser: Paycor
The 2025 calendar includes: Tax filing dates Federal reporting deadlines Bank holidays Links to relevant tax forms …and more! HR leaders can use this calendar from Paycor to track important HR and payroll tax dates. Get your 2025 HR calendar today!
Retirement savings have increased for Bank of America clients
Employee Benefit News
DECEMBER 5, 2024
While the bank says that 401(k) and healthcare savings accounts balances have grown during the past year, there are still some troubling indicators.
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PayrollOrg Contacts DOL About Bank Failures
PayrollOrg
SEPTEMBER 18, 2023
Department of Labor (DOL) on wage and hour/pay period requirements and the impact of bank failures. PayrollOrg recently sent a letter to the U.S.
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PayrollOrg Contacts House Committee About Bank Failures
PayrollOrg
AUGUST 23, 2023
With increased concern about recent bank failures, PayrollOrg’s Government Relations Task Force engaged with the federal government and other partners regarding paying workers on time.
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PayrollOrg Contacts FDIC About Bank Failures, Payroll
PayrollOrg
JUNE 1, 2023
PayrollOrg’s GRTF Federal Issues Subcommittee sent a letter to the Federal Deposit Insurance Corporation (FDIC) to talk about the risks that bank failures have on payroll.
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Banking's unionization wave: Wells Fargo employees lead the way
Employee Benefit News
JANUARY 2, 2025
Labor unions are slowly but steadily growing in the banking industry, with Wells Fargo employees marking recent victories to continue the trend.
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California Will Waive Penalties for Employers Affected by Bank Closure
PayrollOrg
MAY 2, 2023
The California Employment Development Department has announced that it is waiving penalties for employers that are unable to make payroll deposits timely due to the Silicon Valley Bank failure.
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California Will Waive Penalties for Employers Affected by Bank Closure
PayrollOrg
APRIL 28, 2023
The California Employment Development Department has announced that it is waiving penalties for employers that are unable to make payroll deposits timely due to the Silicon Valley Bank failure.
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California Will Waive Penalties for Employers Affected by Bank Closure
PayrollOrg
MARCH 15, 2023
The California Employment Development Department has announced that it is waiving penalties for employers that are unable to make payroll deposits timely due to the Silicon Valley Bank failure.
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Bank of America found that women's HSA balances are 15% lower than men's
Employee Benefit News
SEPTEMBER 8, 2023
Bank of America looked at engagement trends across more than 565,000 HSA accounts.
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10 Business Banking Tips to Help Meet Your Goals
Take It Personel-ly
AUGUST 24, 2020
Read on to learn about these banking tips […]. For small businesses to succeed, they need to consider every decision they make, and choosing the right business account is no exception. If you’re considering switching to a business account, you came to the right place.
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Get real: Bank of America is betting on virtual reality to upskill its staff
Employee Benefit News
SEPTEMBER 22, 2022
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Wall Street banks lead return-to-office push
Employee Benefit News
SEPTEMBER 7, 2022
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Employee financial wellness is at an all-time low, Bank of America finds
Employee Benefit News
OCTOBER 3, 2023
Employees are still struggling with their financial obligations, and less than half feel good about their financial situation.
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Banks, credit unions get dementia training to fight financial abuse
Employee Benefit News
SEPTEMBER 20, 2023
More elderly consumers are being diagnosed with Alzheimer's and dementia — making them vulnerable to scammers. Financial institutions are seeking special certifications to better equip themselves to help.
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Silicon Valley Bank collapse highlights the importance of an internal communications strategy
Employee Benefit News
MARCH 14, 2023
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Bank of America-backed scorecard lets companies assess workplace mental health
Employee Benefit News
OCTOBER 5, 2022
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Bank of America offers up to six weeks paid sabbatical for longtime workers
Employee Benefit News
SEPTEMBER 16, 2022
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Bank of America reveals top retirement concerns amid inflation
Employee Benefit News
FEBRUARY 9, 2023
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Child-care spending nears pre-COVID levels, Bank of America reports
Employee Benefit News
SEPTEMBER 10, 2022
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How to Help Your Parents Financially Without Breaking the Bank
Take It Personel-ly
SEPTEMBER 23, 2020
According to the U.S. Census Bureau, every member of the Baby Boomer generation will be 65 years or older by 2030. Because of this, the healthcare system in the country is seeing a boom right now, and businesses are seeing a shift in their employees as many older individuals are retiring at once. As the […].
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How To Help Younger Employees Tackle Money Worries
Best Money Moves
JULY 15, 2024
According to Georgetown and Bank of America’s study, most Gen Z and Millennial employees (64%) don’t foresee themselves being able to retire at 65, due to their lack of financial security. According to the Federal Reserve Bank of New York, most of these missed payments are driven by Gen Z and Millennials.
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Wall Street banks are poaching Goldman Sachs' AI talent
Employee Benefit News
NOVEMBER 28, 2023
The Wall Street giant has seen a net outflow of 60 people to rivals such as Morgan Stanley and Citigroup.
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Transforming HR in Banking: The Impact of HRMS
Qandle
JULY 3, 2024
In today’s fast-paced world, the banking sector is experiencing rapid technological advancements, and one area that’s seeing significant transformation is Human Resource Management Systems (HRMS). As banks aim to stay competitive and efficient, leveraging HRMS becomes crucial in managing their workforce effectively.
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Wells Fargo sued over drug costs in employee health plan
Employee Benefit News
AUGUST 1, 2024
Former employees' Minnesota lawsuit accuses the bank of overpaying for prescription drugs, claiming mismanagement of the bank's health plan drove up costs for workers.
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Insurance, and assurance: How Paytient is helping employees pay for healthcare without breaking the bank
Employee Benefit News
MARCH 8, 2023
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Can You Overdraft a Credit Card, Debit Card, or Savings Account?
Take It Personel-ly
MARCH 7, 2021
Photo by Timeo Buehrer on Unsplash Overdraft protection is a banking service consumers can opt into to overdraw their checking accounts for a fee. For instance, if your account only has $10 in it and you forgot about your upcoming $15 Netflix subscription, your payment will still go through because 1) your bank can loan […].
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Don't wait for the next bank crisis to protect your payroll
Employee Benefit News
MARCH 16, 2023
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Why employers should offer an adoption savings plan
Employee Benefit News
JULY 23, 2024
HSA Bank announced a new adoption assistance plan — should employers be interested?
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Over 40% of employees at Arvest Bank stay for over a decade: Their CPO explains why
Employee Benefit News
OCTOBER 27, 2022
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Understanding Flat Fee Structure Recruitment: A Cost-Effective Hiring Solution
HR Lineup
DECEMBER 9, 2024
Whether youre a start-up, SME, or large corporation, flat fee recruitment offers a valuable alternative to traditional hiring models, enabling you to find top talent without breaking the bank. The post Understanding Flat Fee Structure Recruitment: A Cost-Effective Hiring Solution appeared first on HR Lineup.
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Bank of England gives employees 4% pay rise
Employee Benefits
MARCH 11, 2024
The Bank of England has given its more than 5,000 employees a 4% pay rise along with a 1% salary top-up deal for 2024/25 as part of its aim to retain staff in a competitive jobs market. The deal, which was intended to match inflation , was accepted by the trade union that represents the bank’s employees.
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Metro Bank offers support for employees going through separation
Employee Benefits
MAY 3, 2023
Launched in 2010 as the first new high street bank in more than 100 years, Metro Bank now employs nearly 4,500 people across the UK. Khushboo Patel, head of engagement and inclusion at Metro Bank, says: “Our colleagues are at the heart of what we do and we want them to feel supported whatever they are going through in their lives.
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How will Web 3.0 Impact the Future of HR Tech?
HR Lineup
SEPTEMBER 29, 2024
Key Changes to Expect: Crypto Payments: Employees could be paid in cryptocurrencies, offering them a secure, borderless payment method that is resistant to traditional banking delays. Revolutionizing Payroll with Cryptocurrencies Web 3.0’s Employees can accumulate these tokens and potentially trade them on decentralized exchanges.
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Benefits in action: At BofA, a month off work is good for employees — and the company
Employee Benefit News
JUNE 26, 2023
One Bank of America employee explains the impact a new sabbatical program had on her and her family.
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Bank of Ireland offers evolving flexible arrangements for working carers
Employee Benefits
AUGUST 30, 2023
Bank of Ireland Group CEO Myles O’Grady with colleague Chris Keeley and his daughter Ava Financial and banking services organisation Bank of Ireland Group supports its working carers by offering a collaborative approach to flexible working based on individual needs.
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Navigating the Talent Landscape: HR Challenges and Solutions in Southeast Asia's Banking Sector
Darwinbox
DECEMBER 22, 2023
The Southeast Asian banking sector is experiencing rapid growth and transformation, necessitating a more tech-savvy workforce to compete with fintech companies. Banks should turn to HR Tech to streamline talent acquisition, development, and management while focusing on upskilling, diversity, and positive employee experience.
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JPMorgan says every new hire will get training for AI
Employee Benefit News
MAY 20, 2024
JPMorgan Chase is immersing every new banking employee in artificial-intelligence training.
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Huntington Bank's CHRO has spent years building a 'colleague-centric' culture
Employee Benefit News
NOVEMBER 28, 2022
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