Thu.Sep 21, 2023

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How to Protect Yourself in Today’s Scary Economic Environment

Money Talk

I recently taught a class with the same title as this post. It began with a summary of recent “scary” economic events: recession fears, rising interest rates, bank failures, volatile stock prices, increased costs of basic expenses due to inflation, layoffs, low savings rates, increasing credit card APRs and household debt, housing unaffordability, and more.

Finance 147
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CVS, Peloton and DoorDash among top 25 companies offering hybrid jobs

Employee Benefit News

Every company on the list was recognized for having the highest number of hybrid job openings over the last 12 months.

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Ninth Circuit: Changes to a Services Agreement Require Consideration of Indirect Compensation

Proskauer's Employee Benefits & Executive Compensa

A recent Ninth Circuit decision has generated considerable controversy amongst employee benefits practitioners by holding that plan fiduciaries engaged in prohibited transactions when they amended the plan’s existing recordkeeping contract to add brokerage and investment advisory services. In so ruling, the Court remanded the case to the district court to consider whether the transactions fell within the exemption for reasonable service agreements and, independently, whether it was imprudent for

401(k) 110
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Open enrollment communications that rock

Employee Benefit News

In order to increase employee engagement, employers should identify the best way to relay benefit information.

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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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How to Implement Genuine Sustainability Initiatives at Work

Employee Benefits

What do you think of when you hear the term ‘sustainability’? Green plants filling the office, colour-coded recycling bins or an array of reusable coffee cups? There are many small ways we can take eco-friendly approaches within the workplace. But when we look at the scale of the climate crisis we’re dealing with, it highlights how important it is for businesses to take bold, direct action.

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More Trending

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How startups can offer health coverage

PeopleKeep

According to the Commerce Institute 1 , 4.4 million businesses start up each year in the United States. Starting a business is an exciting yet challenging endeavor for hard-working entrepreneurs and can come with many unforeseen hurdles, like hiring and keeping a team.

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Building the Manager Effectiveness Indicator with insights from 60,000+ managers

15Five

Your company’s success depends on the effectiveness of your managers. In early Summer of 2023 15Five announced the launch of our HR Outcomes Dashboard , giving HR leaders a way to easily measure, analyze, and act with confidence on the data that connects their performance management programs to business impact. A key driver of that data is manager effectiveness.

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Vision expenses piling up? Use your HSA or FSA

WEX Inc.

Visual health is a vital component of overall well-being, and unexpected eye-related expenses can put a strain on your finances. However, for participants of health savings accounts (HSAs) or medical flexible spending accounts (FSAs) , there are ways to alleviate the financial burden associated with vision-related costs. Let’s explore a few common vision-related questions as it relates to your HSA or medical FSA.

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Striving for more: Associate educational support programs

UMB: Emplooyee Benefits

To stay competitive, companies must foster and develop talent. Here's how UMB supports associates' professional growth and education. The post Striving for more: Associate educational support programs appeared first on Financial insights for individuals and businesses.

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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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Working Mothers Are Important Contributors to the U.S. Labor Force

HR Digest

Working women are often at a disadvantage, statistics indicating that women are still paid only 83.7 percent of what men are paid , according to the U.S. Department of Labor. Working mothers face an even larger array of challenges in finding work and playing their designated roles in and outside work. Despite this, women are marching forward into the workplace at unprecedented rates, with the U.S.

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More Insurers Scale Back on Prior Authorizations

InterWest Insurance Services

Some of the nation’s largest insurers have announced plans to roll back their prior authorization requirements for medical services. Prior authorization — or prior approval — has always been a thorn in the side of patients, often keeping them from accessing care in a timely fashion. The moves by these insurers come after the Centers for Medicare and Medicaid Services (CMS) announced earlier this year that it would require health insurers to automate prior authorization and return decisions

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Why RethinkCare's Louis Chesney wants to help make room for neurodiverse talent in the workplace

Employee Benefit News

The neurodiversity program manager shares how his position has helped him give back to his community.

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Papaya Global Makes U.S. Expansion a Breeze

PayrollOrg

Papaya Global announced it is expanding its role in the U.S. market, helping companies decide which employment model is best suited to them, whether the company has its own entity in the U.S. or not, and can even provide payments and management for independent contractors—experts in global expansion to help maintain compliance.

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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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Guild's Dominique Schroeder is asking all the right questions about benefits

Employee Benefit News

Spearheading an in-depth survey and listening to employees has helped her understand what they really want from their organization.

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Hidden Costs

Florida Workers' Comp

Too often, we think of business in terms of mathematics. Certainly, there’s an anticipation or expectation that numbers will add up, books will balance, and existence will be sustained. There is also a tendency in consumers to view prices in a strictly comparative perspective. They limit their examination to what one meal experience costs compared to another.

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Top 10 Enterprise Payroll Software in 2023

HR Lineup

Payroll management is critical for businesses of all sizes, but it becomes especially complex for enterprises with a large workforce. In 2023, enterprise payroll software has evolved to offer advanced features that streamline the payroll process, ensure compliance with tax regulations, and enhance employee self-service options. To help you choose the right solution for your organization, we’ve compiled a list of the top 10 enterprise payroll software options for 2023. 1.

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Legal & Legislative Reporter: Medical Provider May Not Bring Claim on Behalf of Participants and Beneficiaries

International Foundation of Employee Benefit Plans

Every month, the International Foundation releases the Legal and Legislative Reporter, a compilation of new employee benefits–related case summaries. Below is a summary we thought you’d be interested in. Content provided by Morgan, Lewis & Bockius LLP. The U.S. District Court for the […] The post Legal & Legislative Reporter: Medical Provider May Not Bring Claim on Behalf of Participants and Beneficiaries appeared first on Word on Benefits.

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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.

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13 Unique Skills for Resumes to Make You Stand Out

BetterUp

Jump to section 13 skills examples for resumes that grab recruiters’ attention What skills should you put on your resume?

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British Business Bank appoints new chief people officer

Employee Benefits

British Business Bank has appointed Karen Barnett chief people officer , effective from October. Barnett will join the bank from private wealth management firm WH Ireland, where she was human resources director and a member of its executive committee. While there, she established a best practice HR team and was responsible for collaborating with the board and chief executive officer (CEO) to develop and implement people strategies and policies.

Banking 59
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Job Abandonment: What It Is & How To Deal With It

BetterUp

Jump to section What’s job abandonment? 7 job abandonment causes What are the consequences of job abandonment?

IT 58
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Tilbury Douglas gains menopause-friendly accreditation

Employee Benefits

UK building, infrastructure, engineering and fit-out firm Tilbury Douglas has received menopause-friendly accreditation. Established by Henpicked: Menopause In The Workplace, the accreditation sets clear standards for organisations to meet. In order to achieve accreditation, employers are assessed by an independent panel and must demonstrate evidence of their effectiveness in culture, policies and practices, training, engagement, facilities and evaluation.

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4 HR Priorities for 2025 to Supercharge Your Employee Experience

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.

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What Are Job Training Programs? + 6 Examples

BetterUp

Jump to section What are job training programs?

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DWF and Natwest among top UK family-friendly employers

Employee Benefits

Law firm DWF, financial services firm Citigroup and banking group Natwest have been named as some of the top family-friendly employers in the UK. Working Families, a national charity for working parents and carers, established the list 14 years ago and each year assesses employers from a range of sectors using its Working Families’ Benchmark. Using feedback from more than 330,000 UK employees, employers re sacored on four areas related to flexible and family-friendly policies and practices that

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Corporate Culture Should Be Part of Due Diligence in Agency Transactions

InterWest Insurance Services

If you are considering a merger with another agency or being purchased, there is plenty of due diligence that you’ll need to perform. Due diligence will span the gamut of issues, such as how contracts are structured, the soundness of the plan – and the numbers, of course. If your agency is being purchased or merged into another agency, one of the main reasons the other company is entering into the agreement is the success you’ve had over the years.

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Amazon invests $1.3 billion in pay for US employees

Employee Benefits

Credit: Sundry Photography / Shutterstock.com Online retailer Amazon has invested $1.3 billion (£1.1 billion) into US customer fulfillment and transportation employees’ average hourly pay. This investment brings average pay for those roles to more than $20.50 (£16.66) per hour, which is a 50% increase over five years. Some locations will offer up to $28 (£22.75) per hour.

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The HR Leader’s Workforce Management Guide

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