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.

IT 111

IT 111

Employee Benefits

APRIL 24, 2024

Increasing minimum pension contributions under auto-enrolment from 8% to 12% could result in additional contributions of £10 billion a year in the UK, according to research by Phoenix Group and WPI Economics. The long-term savings and retirement business and economic consultancy’s report Falling behind the curve, which models the cost to employees and the economy of delaying an increase in minimum auto-enrolment pension contributions , also found that for a typical 18-year-old, increasing minimu

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Pension Employee Benefits IT 108

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.

Health Insurance 105

Health Insurance Healthcare Insurance Employment 105

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.

Salary 104

Salary 104

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

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.

Human Resources 98

Human Resources Management Employment IT 98

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.

Healthcare 86

Healthcare Employee Benefits Health and Welfare Commissions 86

Employee Benefit News

APRIL 24, 2024

The ban prohibits workers from switching jobs within an industry.

Recruitment 94

Recruitment 94

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.

Employee Benefits 78

Employee Benefits 78

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 91

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Managing benefits administration is costly, and cutting corners in the wrong places can lead to disengaged workforces and the risk of non-compliance. This eBook from Selerix highlights areas where you can save without compromising the value of benefits. Proactively Thinking: Make decisions for the long run. Discover ways to be proactive in your decision-making to save money in the future, not just temporarily.

Management

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

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.

Medical 91

Medical Employee Benefits Healthcare Technology 91

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

Management 59

Management IT 59

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) 75

401(k) Retirement Plan Employee Benefits 75

Advertiser: Paycor

The HR industry is changing. Did you know… 1. There will be 4M more jobs than workers by 2033 ( BLS ). 2. For 84% of workers, flexibility is a top priority ( FlexJobs ). 3. 75% of employees have used AI at work ( CFO.com ). It’s time to meet the moment! Use Paycor’s guide to design a blueprint for success.

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

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.

IT 67

IT Technology Management 67

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.

Work From Home 59

Work From Home Health and Welfare Health Electronics 59

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.

Recruitment 64

Recruitment 64

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Managing ACA compliance is a major headache, especially in industries with complex schedules and regulations. Errors can lead to fines, legal battles, and strained employee relationships. Ways to Avoid Penalties & Fines: Non-compliance with Hours of Service (HOS) or misclassifying employees can lead to fines and legal issues. We offer tools to avoid these penalties and ensure regulatory alignment.

Management

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.

Government 59

Government Commissions Engineering Healthcare 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.

Hospitality 59

Hospitality Recruitment Employment Employee Benefits 59

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 Engineering 54

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.

Bonuses 59

Bonuses Recruitment Employee Benefits IT 59

Speaker: Carolyn Clark and Miriam Connaughton

Forget predictions, let’s focus on priorities for the year and explore how to supercharge your employee experience. Join Miriam Connaughton and Carolyn Clark as they discuss key HR trends for 2025—and how to turn them into actionable strategies for your organization. In this dynamic webinar, our esteemed speakers will share expert insights and practical tips to help your employee experience adapt and thrive.

Employee Wellness

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

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.

Recruitment 52

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.

Commissions 52

Commissions Employment 52

Enjoy Benefits

APRIL 24, 2024

Over recent years podcasts have become an invaluable resource for entrepreneurs and business professionals. To save you time scrolling through countless options, we’ve pulled together a list of some of the best in the UK for insightful discussions, expert advice and captivating stories. Whether you’re interested in behavioural science made simple, the remarkable stories of influential CEOs, or how creative people built success out of failure, these 10 great listens offer something for every busi

Entertainment 52

Entertainment Media Management Employee Benefits 52

Advertiser: Paycor

In today’s fast-paced business world, effective workforce management (WFM) isn’t just an option—it’s a necessity.

Management