Wed.Nov 01, 2023

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Telehealth's crossroads will dictate whether access to care is widened

Employee Benefit News

As Congress ponders virtual care's future, fortifying telehealth could help manage cold and flu season.

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Octopus Investments provides sleep support through wellbeing hub

Employee Benefits

Octopus Investments offers its 750 UK employees a range of support tools to help with their sleep as part of its wellbeing hub. Through the hub, the financial services firm’s employees can access a premium Headspace account which has dedicated sleep support from guided meditations, sleep casts, music and soundscapes. Emma Ryan, co-wellbeing lead at Octopus Group, says: “We also offer sleep support through Wellness Cloud, which provides one-to-one consultations to our employees in lots of a

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78% of employees with ADHD want more support. Here are the latest solutions

Employee Benefit News

A recent study from digital medicine platform Akili highlights the need for more inclusive mental health resources in the workplace.

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Adapting Benefits For A Multi-Generational Workforce

Wellable

With low job satisfaction rates across generations, tailored benefits emerge as a solution to appeal to a multi-generational workforce. The post Adapting Benefits For A Multi-Generational Workforce appeared first on Wellable.

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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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US companies added fewer jobs than forecasted, ADP data shows

Employee Benefit News

U.S. companies added fewer jobs than forecast in October, suggesting demand for workers is starting to wane.

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Higher deductibles, premiums and co-pays: Aflac previews healthcare in 2024

Employee Benefit News

Jeri Hawthorne, CHRO at Aflac, breaks down the gap between employer-provided benefits and employees' needs.

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IRS Announces 2024 Employee Benefit Plan Limits

McDermott Will & Emery Employee Benefits

The Internal Revenue Service recently announced the cost-of-living adjustments to the applicable dollar limits for various employer-sponsored retirement and welfare plans for 2024. Certain health and welfare plan limits have not yet been released. Most of the dollar limits that are subject to adjustment for cost-of-living increases will increase for 2024.

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Third of firms have adopted AI to replace or augment employees’ roles this year

Workplace Insight

According to Owl Labs ’ annual State of Hybrid Work Report , 32 percent of employees believe that AI will help them do their jobs more efficiently, while a further 22 percent think AI will create new jobs allowing their teams to grow. However, uncertainty around AI regulation and safety is causing ‘AI anxiety’ to grow, with nearly 1 in 5 UK workers (17 percent) concerned that AI will steal their jobs.

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What is coinsurance?

PeopleKeep

If you have health insurance—whether through your employer or a policy you purchased on the individual market—it’s essential to know specific health insurance terminology. This can be confusing at first, but learning standard terms will help you understand what medical services your plan covers and how much you’ll pay out-of-pocket for care.

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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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Opportunity Knocks: At Long Last, IRS Determination Letter Program Is Open for 403(b) Plans

McDermott Will & Emery Employee Benefits

The Internal Revenue Service (IRS) recently opened a new determination letter approval program for 403(b) retirement plans—commonly used by nonprofit organizations—which allows sponsors of certain individually designed plans to apply for a favorable determination letter. Long available to 401(k) retirement plan sponsors, determination letters can provide sponsors with advance assurance from the IRS that plans […] The post Opportunity Knocks: At Long Last, IRS Determination Letter Program I

401(k) 101
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Group health insurance vs. ICHRA

PeopleKeep

Employee healthcare benefits play a crucial role in attracting and retaining talent , as well as promoting overall well-being in the workplace. Traditionally, group health insurance has been the go-to option for employers. However, the introduction of the individual coverage health reimbursement arrangement (ICHRA) in recent years has given organizations an alternative to consider.

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Wellness for all ages: How DocHQ Health Checks cater to different stages of life

Employee Benefits

For many people, especially younger generations, testing their health is not something they might necessarily think about. For other generations, keeping an eye on certain health metrics is extremely important. That’s why health and wellbeing company DocHQ provides a range of at-home Health Checks that you can offer your employees so that they can receive information and feedback on a range of health needs, from vitamin levels to diabetes and menopausal hormones, whatever stage of life they may

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How to Implement HRIS Successfully: The Complete Checklist

Darwinbox

In today's fast-paced business landscape, companies are constantly seeking ways to optimize their operations and drive growth. Enter the human resource information system (HRIS), a game-changing software solution that automates tasks, consolidates data, and enhances employee management with remarkable efficiency. But implementing an HRIS is no small feat — it requires careful planning and strategic execution.

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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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THE ART OF REWARDING YOUR PEOPLE AT CHRISTMAS

Employee Benefits

Something they want, something they need, give them a treat, and watch your business succeed. There’s an art to rewarding your people in a way they’ll truly appreciate and remember whilst making it sustainable for you. Did you know that we’re one of the leading UK digital voucher suppliers? By building powerful and trusted partnerships with our clients, merchants, and consumers, we can provide you with the best choice of retailers and money-saving deals.

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Don't let the end of daylight saving time derail your sleep

Employee Benefit News

Wellness platform Calm explored how poor sleep affects mental health and productivity, and launched a hotline to help employees rest.

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Realizing Return on Investment in AI-Powered HR Technology

Darwinbox

Every aspect of life and work is being transformed by AI. In the corporate sphere, AI affects business strategy, impacts employee productivity, and influences the changing experiences expected by customers and employees.

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End-to-end women's health benefits: A necessity for retention

Employee Benefit News

End-to-end women's health benefits: A necessity for retention

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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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Risks of Using Generative AI — How Darwinbox Mitigates These Risks

Darwinbox

In today's fast-paced, technology-driven landscape, the allure of Artificial Intelligence (AI) is more evident than ever, and this is nowhere more pronounced than in the rise of Generative AI frameworks. These tools, equipped with the remarkable capability to produce new, innovative content based on pre-existing data, have carved out a significant place for themselves in a multitude of industries, from entertainment and content creation to finance and healthcare.

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Register by November 3 for SSA's Semi-Annual Meeting on November 8

PayrollOrg

Register by November 3 to attend the Social Security Administration’s (SSA) semi-annual meeting on November 8.

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8 Considerations for HRMS System Implementation

Darwinbox

Are you tired of spending hours on repetitive HR tasks? Implementing a human resource management system (HRMS) can streamline your processes and make life easier for you and your employees. It benefits not only the HR department but also empowers managers and employees with self-service capabilities. This article discusses the implementation strategies for a successful HRMS project.

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10 Benefits of Choosing the Best HR Software with an HRMS Portal: A Comprehensive Guide

Qandle

In today’s rapidly evolving business landscape, managing human resources efficiently is paramount for any organization’s success. With the advancement of technology, businesses are increasingly turning to Human Resource Management Systems (HRMS) integrated with robust HR software solutions. In this detailed and informative blog post, we will explore the top 10 benefits of selecting the best HR software with an HRMS portal.

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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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Evaluating AI-Powered HR Technology Platforms for Increased ROI

Darwinbox

The HR technology industry is rapidly evolving. The key reason is how AI (Artificial Intelligence) is disrupting the way HR can augment technology in their functional services and employees’ work to elevate productivity and experience.

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Monthly Research Recap | October 2023

3Sixty Insights

Upcoming Events: Webinar: Performance Management Today | November 20, 2023 @ 2pm EST Those attending this Performance Management Today webinar will hear about advances in this HR process area like check-ins, continuous performance management and having the process encompass employee career goals. That said, the webinar will focus even more on newer and less obvious considerations for designing a very modern PM process, some of which our presenter had a role in originating and broadly syndic

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Importance of Data Quality in AI — Maintaining HR Data Integrity to Make Right Decisions

Darwinbox

Your AI performance is as good as its data. AI tools depend fully on its data to identify patterns, predict results, and advise. Hence, the effectiveness of AI-powered results is heavily anchored to the quality of data we utilize.

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Gender pay gap falls by a quarter over the last decade

Employee Benefits

The gender pay gap has fallen by one-quarter among full-time employees over the last decade to 7.7% in April 2023, according to figures from the Office for National Statistics (ONS). This figure is up from 7.6% in 2022, but is below the 9% gap before the Covid-19 pandemic in 2019. The gender pay gap for all employees decreased to 14.3% this year from 14.4% in 2022, and 17.4% in 2019.

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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.