Wed.Oct 02, 2024

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4 considerations when choosing employee benefits for the first time

WEX Inc.

HSAs. FSAs. LSAs. If you’ve never been asked if you would like to participate in an employee benefits account before, you might be asking yourself, “What are all these acronyms?” In the second blog post in our three-part series to educate first-time participants, we walk through a few factors you should consider when choosing among employee benefits accounts for the first time.

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What is Headcount Reporting? A Complete Guide for Employers

HR Lineup

Headcount reporting is a critical aspect of workforce management that helps organizations maintain a clear understanding of their staffing levels and resource allocation. It provides a comprehensive view of the number of employees within a company, segmented by various categories such as department, job function, location, and employment status. This data enables employers to make strategic decisions around hiring, budgeting, and workforce planning.

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Key Drivers of Health Insurance Premiums and Considerations for Employers

Pacific Prime

Around the globe, individuals, families, and organizations are feeling the pinch as the cost of health insurance continues to rise. Taking the US as an example, our Cost of International Health Insurance Report 2023 reveals that the average annual premiums for individual international private medical insurance (IPMI) in 2022 was a staggering USD $9,817, while.

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How to do Hispanic Heritage Month the right way

Employee Benefit News

Making assumptions and refusing to listen to employees are the biggest missteps most companies make, according to an expert.

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Navigating Payroll Compliance: Future-Proofing Payroll in an Evolving Regulatory Landscape

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.

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Finger on the pulse: Is biometrics the future of workplace wellbeing?

Workplace Insight

Around a third of companies already use wearables to track their team’s activity and better gauge their physical, mental and emotional wellbeing, according to Deloitte’s 2024 Global Human Capital Trends Report. Deloitte predicts that usage will increase to two thirds by 2027. Neurotechnology, which uses electronics to read brain activity and can contextualise employee behaviour and interactions, is also anticipated to ramp up dramatically in use in that timeframe, from 3 percent to 31 perc

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CVS’ 2024 Layoffs Will See Over 2900 Workers Make Their Exit

HR Digest

If you were convinced that layoffs were an IT sector phenomenon , the pharmaceutical industry would like to have a word with you. With the excuse of restructuring and cost-cutting to back it up, CVS has announced its own layoff plans for 2024. The number of jobs being cut aren’t quite as dramatic as some of the cuts announced by other tech giants, but for the employees, a job loss is an opportunity lost, regardless of how many of their colleagues exit with them.

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This isolved exec strives for greatness in himself and his team

Employee Benefit News

Barry Gauch, VP, strategic alliances & partnerships, talks leadership inspiration, family commitment, and how coaching builds employee commitment.

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Should Your Company Take a Stand on Political Issues? Navigating the Pros and Cons

Abel HR

In today’s highly polarized environment, the question of whether a company should take a stand on political issues is more pertinent than ever. At Abel HR, we understand the complexities businesses face in making this decision. This blog explores the pros and cons of corporate political activism and provides insights to help you navigate this challenging terrain. 1.

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Sword Health's innovative approach to healthcare billing

Employee Benefit News

CEO Virgílio Bento explains how AI and a dedication to patient care have allowed the company to adopt outcome-based pricing.

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Where You Can and Absolutely Cannot Cut Costs Corners in Benefits Administration

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.

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What Is A Dark Empath And How To Deal With One

BetterUp

Jump to section What is a dark empath? Understanding the dark triad and dark triad personalities 8 dark empath traits What causes dark empathy?

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Comprehensive vs. collision insurance: Is your car protected?

Higginbotham

When it comes to protecting your vehicle, choosing the right insurance coverage is one of the most critical choices you can make. Collision and comprehensive insurance each offer unique protection: collision insurance is designed to cover damage from accidents with other vehicles or objects, while comprehensive insurance is there for non-collision incidents such as theft, fire or natural disaster.

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Guest Podcast: Developers Look Beyond AI, with 3Sixty Insights’ Dylan Teggart

3Sixty Insights

In this episode of PeopleTech, Mark Feffer sits down with Dylan Teggart, of 3Sixty Insights. This episode focused on AI and what end users think about it, but also look at what else developers are building while advanced tech gets all the attention. That and more, on this edition of PeopleTech. Listen to the full podcast here: Developers Look Beyond AI, with 3Sixty Insights’ Dylan Teggart The post Guest Podcast: Developers Look Beyond AI, with 3Sixty Insights’ Dylan Teggart appeared

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Nebraska High Court: Expert’s Use of “Associated” Was Sufficient to Establish Causation

The Workcomp Writer

The Supreme Court of Nebraska recently affirmed an award of benefits to a claimant who alleged respiratory injuries from wearing a UV-sterilized N95 mask at work [ Prinz v. Omaha Operations LLC , 317 Neb. 744, 2024 Neb. LEXIS 106 (Sept. 27, 2024)]. The court addressed, as a matter of first impression, whether a medical expert’s use of the word “associated” was sufficient to establish causation.

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HR’s Blueprint for a Successful 2025

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.

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What Does Out-Of-Pocket Medical Expense Mean?

PeopleKeep

Health insurance protects you financially when you need routine care or experience a medical emergency. But while health insurance covers many services and items, you’ll still have to pay for some expenses out-of-pocket—regardless of your insurer or plan type. Knowing which out-of-pocket medical expenses you may encounter can help you choose the right coverage for you and your family.

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Total Compensation Statement Template: Attracting and Retaining Top Talent

COMPackage

A well-crafted total compensation statement is a powerful tool for attracting and retaining top talent. By clearly outlining the comprehensive benefits package offered, organizations can demonstrate the value they place on their employees and differentiate themselves in a competitive job market. Core Components of a Total Compensation Statement Template A comprehensive total compensation statement should include the following key elements: Employee Information: Clearly identify the employee, inc

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Healthy Smiles: Exploring Canadian Dental Care

International Foundation of Employee Benefit Plans

How often do you think about your teeth? Until there’s an ache or pain, most people don’t think about their teeth until something bothers them. The mouth, often referred to as the “gateway to the body,” has been linked to a host […] The post Healthy Smiles: Exploring Canadian Dental Care appeared first on Word on Benefits.

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Positive workplace culture: The key to happy, productive employees

Business Management Daily

Just as a toxic workplace breeds employee discontent as negativity and lousy behavior permeate the environment, a positive workplace culture spreads attitudes and actions that lead to desirable outcomes. The atmosphere is one in which people feel valued, respected, supported, and treated well. They understand the company’s purpose and their part in business success.

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7 Common ACA Compliance Pitfalls and How to Avoid Them

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.