Employee Benefit News

APRIL 24, 2024

Fortune and Great Place to Work analyzed 1.3 million survey responses, ranking the best companies in the U.S.

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PayrollOrg

APRIL 24, 2024

On April 23, the U.S. Department of Labor (DOL) announced a final rule to increase the minimum salary level for the Fair Labor Standards Act “white collar” exemptions.

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Salary 260

Employee Benefit News

APRIL 24, 2024

By combining human touch and medical expertise in one place, patients diagnosed with cancer are provided with a holistic care team.

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Medical Employee Benefits Healthcare Technology 296

Workplace Insight

APRIL 24, 2024

While we often view personality as a fixed entity, a new study suggests the COVID-19 pandemic may have left a subtle but enduring mark on some aspects of our personalities. Published in Personality and Social Psychology Bulletin , the research suggests that while significant personality changes weren’t widespread, conscientiousness levels generally increased throughout the pandemic, while extraversion dipped slightly.

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IT 111

Advertiser: Paycor

Get ready for the future of business. As HR navigates an ongoing labor shortage, leaders need stronger, more adaptable recruiting strategies. Do you have the tools you need to build a talent pipeline that drives sustainable business growth?

Employee Retention

Employee Benefit News

APRIL 24, 2024

The ban prohibits workers from switching jobs within an industry.

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Recruitment 289

Employee Benefit News

APRIL 24, 2024

Treating student loan payments as eligible for a 401(k) match will help young employees save for retirement while staying on top of their debt.

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401(k) Retirement Plan Employee Benefits 278

International Foundation of Employee Benefit Plans

APRIL 24, 2024

If you or someone you know is struggling with mental health, dial or text 988 or visit 988lifeline.org for free and confidential support. Isolation caused by the COVID-19 pandemic, increasing academic and social pressures, and traumatic events are contributing to a growing […] The post What Health Plan Sponsors Should Know About the Emerging Mental Health Needs of Youth appeared first on Word on Benefits.

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Employee Benefits 107

Employee Benefit News

APRIL 24, 2024

Treating student loan payments as eligible for a 401(k) match will help young employees save for retirement while staying on top of their debt.

401(k) 265

401(k) Retirement Plan Employee Benefits 265

PeopleKeep

APRIL 24, 2024

Some employers must provide a health insurance plan with minimum essential coverage (MEC) to avoid penalties under the Affordable Care Act (ACA) and ensure employees have access to essential healthcare services. In some cases, these employers may consider a type of group plan called a MEC plan. However, simply providing a no-frills MEC plan instead of a more comprehensive health benefit may not be enough to meet the needs of your employees.

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Health Insurance Healthcare Insurance Employment 105

Speaker: Shawnequa Albert

As our workforce evolves, so must the way we support it. With more employees choosing to work beyond age 65, HR leaders are increasingly being called upon to guide aging employees through one of the most complex transitions in their professional lives - from employer sponsored plans to Group Medicare. Without clear guidance, confusion around eligibility, coverage options, and cost implications can lead to uncertainty and missed opportunities for optimized benefits.

Retirement Plan

Employee Benefit News

APRIL 24, 2024

An employee training expert explains what's missing from organizations' training structures and why it may cost them in the long run.

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IT Technology Management 220

Business Management Daily

APRIL 24, 2024

Managers should strive to address performance issues early through coaching and verbal warnings. Hopefully, prompt conversations about underperformance or common issues like tardiness will be enough to nip the issue in the bud, but sometimes a more formal approach is needed. That’s where written warnings can help. If you have an employee who keeps violating company policies or has not heeded past warnings to improve their performance, it’s time to issue a written warning.

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Human Resources Management Employment IT 98

Employee Benefit News

APRIL 24, 2024

The nation's largest business lobby argued that the FTC lacks the authority to issue rules that define unfair methods of competition.

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Recruitment 212

McDermott Will & Emery Employee Benefits

APRIL 24, 2024

During this election year, McDermottPlus is actively monitoring annual regulations that federal agencies are expected to release, as well as “ad hoc” regulations that will be released at the discretion of federal agencies. This chart displays health-related regulations that may be issued this year, organized by federal agency and date of potential release.

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Healthcare Employee Benefits Health and Welfare Commissions 86

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Management

InterWest Insurance Services

APRIL 24, 2024

Many companies are leaving themselves exposed to lawsuits for errors and other issues that crop up in their work because they lack professional liability insurance. Traditionally it’s been architects, accountants and lawyers who would purchase this coverage, but with more work like coding, programing and other ventures spawned by technology, the need for this type of protection has grown.

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Insurance Consulting Professional Services Retail 72

Workplace Insight

APRIL 24, 2024

Prime office rents in major cities around the world have risen 1.1 percent in the past year (Q1 2023 to Q1 2024) while tenants’ ‘all-in’ net effective costs (rent plus fit-out costs) have risen 2.4 percent, according to Savills , as the structural trend towards seeking high quality premium office space continues into 2024. The real estate advisor says that office utilisation (office occupancy) levels have continued to climb as many companies look to encourage employees’ return to the office by i

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Education IT 64

15Five

APRIL 24, 2024

There are endless challenges in making people feel like they belong. Organizational changes that rock the boat for the most vulnerable employees, broader market conditions that lead to tough decisions, and even just the introduction of a hybrid work policy can shake things up enough for some folks to feel like they’re being left behind. It might not be as simple as telling people they should bring their whole selves to work, but with some insight and a bit of elbow grease, you can create a cultu

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Management IT 59

Employee Benefits

APRIL 24, 2024

Credit: Shutterstock/Olivier-Le-Moal Need to know: Lifestyling is the optimal solution for defined contribution default strategies. A big trend is to introduce investment in private equity into default funds for young members, to drive returns. The new reporting regime for pension schemes to disclose their investment allocations to UK markets is flawed.

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Pension Employment Government Banking 59

Speaker: Joana Ardelean, MSHRM, PHR, SHRM-CP, CC

The benefits landscape is shifting rapidly, and AI is at the center of this transformation. From optimizing health and wellness programs to predicting future benefits needs, AI is empowering HR and total rewards leaders to make smarter, more proactive decisions. The challenge? Understanding where AI fits in your strategy and how to leverage it effectively while keeping employee well-being at the forefront.

Employee Wellness

Workplace Insight

APRIL 24, 2024

In an era where working from home has become the new norm, our eyes are more essential than ever for navigating the digital landscape that defines our daily lives. The rise of remote work has been rapid, with a significant portion of the American workforce transitioning to home-based employment post-pandemic. According to a recent survey, approximately 10 percent of the British workforce reported working remotely full-time, and 29 percent were working remotely part-time.

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Work From Home Health and Welfare Health Electronics 59

Employee Benefits

APRIL 24, 2024

Earlier this year, Brewdog announced that due to trading losses and financial instability, it will drop its real living wage pledge from April onwards. While many employers will have suffered similar financial difficulties as a result of the cost-of-living crisis, the business’ decision to pull out of the real living wage scheme has been met with substantial backlash given its previous dedication to the cause.

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Hospitality Recruitment Employment Employee Benefits 59

Workplace Insight

APRIL 24, 2024

The US Federal Trade Commission (FTC) has dealt a blow to restrictive employment practices by issuing a final rule that bans most noncompete agreements nationwide. This means millions of American workers will soon have more freedom to leave their current employers for jobs with competitors or even start their own businesses. The FTC estimates this change will have a significant positive impact on the economy.

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Government Commissions Engineering Healthcare 59

Employee Benefits

APRIL 24, 2024

Credit: JHVEPhoto / Shutterstock.com Printer and image product manufacturer Lexmark has completed a £46 million pension buy-in for its UK division’s pension scheme. The deal, which was carried out with insurance and financial services Canada Life and pensions administration, investments and employee benefits provider Broadstone, secures the benefits of all 177 plan members, comprising 93 pensioners and 84 deferred members.

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Pension Manufacturing Benefit Providers Insurance 59

Advertiser: Paycor

The right HR metrics can illuminate hidden trends, justify decisions to the C-suite, and give you an edge in this unpredictable economy. Download Paycor’s guide and learn how to calculate your: Cost-per-Hire Total Financial Impact of Absences Voluntary Turnover Rate And more!

WEX Inc.

APRIL 24, 2024

If you own a small business or help run a large business, it’s likely you’re expected to regularly make small decisions on the fly. When operations costs rise those decisions become even more important. If you have a crew out in the field who drive company vehicles – say you’re a plumber, an electrician, a moving company, a fuel delivery company, or an important player in the national supply chain, your management decisions can sometimes be even more impactful.

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Retail Management Taxes Software 52

Employee Benefits

APRIL 24, 2024

Credit: JeanLucIchard / Shutterstock.com BNP Paribas Real Estate has reported a 23% mean hourly ethnicity pay gap for the 2022/2023 year, in its first combined gender and ethnicity pay gap report. The firm’s mean hourly pay rate for white employees was £30.08, while for other ethnic groups it was £23.18. Its median hourly ethnicity pay gap for 2023 was 13%, while its average hourly pay rate for white employees was £24.04 and for other ethnic groups £20.96.

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Bonuses Recruitment Employee Benefits IT 59

Enjoy Benefits

APRIL 24, 2024

A few months ago we posted about the importance of a great onboarding process to get new employees off on the right foot. As much as new starters are part of company life, leavers are an inevitable feature too. It’s estimated that UK employees will work for six different companies on average during their careers. So offboarding is something that small- and medium-sized businesses will experience many times over.

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Recruitment Consulting Employee Benefits Employment 52

BerniePortal

APRIL 24, 2024

Do you use a noncompete agreement at your workplace? According to the Federal Trade Commission (FTC), around 30 million American workers are currently covered by a noncompete. A noncompete agreement is a contract that some organizations require employees to sign, preventing them from working for competitor companies during or after their employment.

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Commissions Employment 52

Speaker: Jennifer Hill

Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.

Payroll