Money Talk
FEBRUARY 8, 2024
A key factor that determines what people spend money on every day is convenience. Convenience generally saves time but can add to the cost of products and services because somebody did some work for you (e.g., marinating meat or fish or making kabobs). An estimated $751 billion is spent annually by Americans on convenience items according to a study by Finder, an online data aggregator.
Employee Benefit News
FEBRUARY 8, 2024
WTW found that 84% of employers plan to change their leave policies in an effort to attract and retain their best talent.
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Workplace Insight
FEBRUARY 8, 2024
The new issue of IN Magazine has been published online today. In this issue: we ask why firms are so reluctant to change what they do; a dream of the past and future of work; Andy Lake talks about his new, visionary book; how AI might make cities worse; what inclusive design means; a panel of experts discuss what changing work practices mean for major business districts; why we must rethink how we light our streets and squares; how to strike the right balance when it comes to creating meetings i
Employee Benefit News
FEBRUARY 8, 2024
The CEO of Empowerly explains how helping employees navigate their children's college plans is critical to family-building benefits.
Advertiser: Paycor
In today’s fast-paced business world, effective workforce management (WFM) isn’t just an option—it’s a necessity.
Patriot Software
FEBRUARY 8, 2024
Payroll software makes paying employees a breeze by calculating federal, state, and local taxes. If you’ve decided you want to use software to run payroll, you can put away your calculator and income tax withholding tables (hooray!). But, do you know how to choose a payroll service?
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
McDermott Will & Emery Employee Benefits
FEBRUARY 8, 2024
Under the SECURE Act and the SECURE 2.0 Act, employers must provide long-term, part-time employees – i.e., employees who complete at least 500 hours of service in three consecutive years (reduced to two years in 2025) and are at least 21 years old – the opportunity to make elective deferrals under their 401(k) plans and, […] The post When It Comes to Vesting, IRS Says Once a Long-Term, Part-Time Employee, Always a Long-Term, Part-Time Employee appeared first on EMPLOYEE BENEFITS BLOG.
Employee Benefit News
FEBRUARY 8, 2024
A customized learning plan keeps employees up to date with the right tech skills and helps combat fears their jobs will be replaced.
Vantage Circle
FEBRUARY 8, 2024
Have you ever noticed a dip in your employees' enthusiasm? Are they slipping into the depths of unproductivity? Well, such a scenario requires your immediate attention. You must attempt to infuse vitality by breaking them free from rigorous routines. This is where the idea of a company retreat comes into the picture. It plays a significant role in rejuvenating your employees.
PayrollOrg
FEBRUARY 8, 2024
PAYO wrote to the Consumer Financial Protection Bureau (CFPB) about its concerns for the process under consideration of the Truth in Lending Act.
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Are you helping your people proactively plan for retirement? How are you prioritizing the mental health of your HR team? These are a few of the questions that HR professionals are seeking answers to today. Luckily, Gallagher’s consultants came together with four robust articles (and one infographic) that help address these pain points and provide you with proactive planning tips to help you simplify, personalize and create flexibility in your benefits offerings to help ensure your people thrive
Business Management Daily
FEBRUARY 8, 2024
Storm clouds are gathering. Chaos has entered as an unwelcome guest at our organizational table, from fresh technological challenges to political arguments to wars. Your “fight or flight” reaction may guide you to avoid the challenge, but embracing it might unlock long-term success. Being forewarned can offer time to gather your team and create a plan.
15Five
FEBRUARY 8, 2024
Knowing how to improve employee productivity is on every leader’s mind as organizations navigate return-to-office mandates, economic instability, and the impact of inflation. If you want to get the most out of your employees and support work efficiency, follow along for eight steps to improve productivity in the workplace. 1. Strategically align employee goals Align employee goals with business objectives to help your direct reports understand how their work fits into a more comprehensive framew
International Foundation of Employee Benefit Plans
FEBRUARY 8, 2024
Whether it was the stellar halftime performance, a fourth-quarter Hail Mary, or the overload of chips and guacamole, employees may struggle to go the extra mile (or yard) on Super Bowl Monday. While Super Bowl Monday hasn’t quite reached national holiday status, […] The post Your PTO Playbook for Super Bowl Monday appeared first on Word on Benefits.
InterWest Insurance Services
FEBRUARY 8, 2024
As health insurance and health care costs continue climbing, some employers are taking new and innovative steps to tamp down costs for themselves and their covered employees while not sacrificing the quality of care they receive. Some of the strategies require a proactive approach by engaging with their broker and insurer, and even local health care providers, efforts that may be hampered by location and how flexible insurers may be.
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HR and payroll impact every aspect of your business. Choosing the right provider is one of the most important decisions you’ll make. Before you decide, hear first-hand customer accounts in Paycor’s webinar to learn: The three most important things to look for when switching. How to begin your search. What are some of the red flags?
Insperity
FEBRUARY 8, 2024
A job offer is much more than a procedural formality — it lays the foundation for a successful and harmonious employer-employee relationship in the future. However, crafting an appealing job offer is an art that requires a nuanced understanding of the candidate’s needs and goals.It involves not only presenting a competitive salary but also showcasing your company’s employee value proposition.
Employee Benefit News
FEBRUARY 8, 2024
More personalized benefits can help meet a diverse workforce where they are.
Florida Workers' Comp
FEBRUARY 8, 2024
For over a year, the 22nd Statewide Grand Jury has been looking into the potential of "crimes and wrongdoing committed against Floridians related to the COVID-19 vaccine." There has been a nice post-COVID period in the last two years. We have seen the world come back together, with significant normalcy. Well, significant. I still see people wearing masks.
BetterUp
FEBRUARY 8, 2024
Jump to section What’s a life reset? Why should I reset my life?
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In today's dynamic business environment, HR leaders face immense pressure to optimize costs while maintaining a competitive edge to attract, retain and engage their workforce. Gallagher can help you meet that challenge head-on. Our proprietary data and people analytics platform, Gallagher Drive ® , provides the elevated insights you need to make impactful program decisions that are aligned with your organizational goals and set your strategy up for long-term success.
HR Digest
FEBRUARY 8, 2024
AI has presented many challenges to the workforce globally , from causing layoffs to placing additional pressure on companies to reskill their workforce, but one of the oft-ignored concerns is the use of ChatGPT at work. Glassdoor has been consistently tracking the ChatGPT adoption rates ever since the AI came out and their numbers indicate that the use of the AI tool has gone up from 27 percent among the early adopters to 62 percent of professionals as of November.
Employee Benefits
FEBRUARY 8, 2024
Global experience design firm Imagination has appointed Laura Marotta UK people and culture partner as of this month. In line with Imagination’s people and culture strategy, Marotta will assume the overarching responsibility for people, including heading up the talent acquisition function in the UK. Reporting to chief people officer Philomena Gray and collaborating with UK managing director Richard Hannah, she will work closely with the senior leadership team to ensure a workplace environment wh
Workers' Compensation
FEBRUARY 8, 2024
Legislation ( A3504 ) has been introduced to establish the Health Care Workers COVID-19 Supplemental Benefits Program in the Division of Workers' Compensation. PURPOSE This legislation aims to assist healthcare workers whose public service has rendered them particularly vulnerable to COVID-19 by alleviating long-term economic hardships due to COVID-19.
Employee Benefits
FEBRUARY 8, 2024
HR, reward and benefits professionals who want to be in with a chance of winning at the Employee Benefits Awards 2024 have just one day left to enter. This is the final opportunity to enter and win recognition as the final deadline is tomorrow: Friday 9 February. Now in its 22nd year, the Employee Benefits Awards celebrates organisations, teams and individuals in the reward, benefits and HR community that have made a significant difference, and attracted, motivated and rewarded employees through
Advertiser: Paycor
HR leaders can use this calendar from Paycor to track important HR and payroll tax dates. The 2025 calendar includes: Tax filing dates Federal reporting deadlines Bank holidays Links to relevant tax forms …and more! Get your 2025 HR calendar today!
Proskauer's Employee Benefits & Executive Compensa
FEBRUARY 8, 2024
On February 7, 2024, the IRS announced the second phase of its Pre-Examination Retirement Compliance Program (we discussed phase one in our earlier post here ). Under this program, sponsors will be notified that their plan is selected for examination and will have 90 days to review and correct any plan document or operational errors, similar to the process for phase one.
Employee Benefits
FEBRUARY 8, 2024
Global management consulting firm Oliver Wyman has extended its parental leave for employees across the India, Middle East and Africa (IMEA) region. New parents in its offices in the United Arab Emirates (UAE), Bahrain, Saudi Arabia, South Africa, Qatar and India are now eligible for six months of paid maternity leave and eight weeks of paid paternity leave.
Workplace Insight
FEBRUARY 8, 2024
European employee benefits platform, Club Employés, has partnered with embedded finance specialists, Weavr, to power a debit card solution for employee benefits, which gives employees the power to pick the perks they prefer. By expanding access to relevant benefits through the capabilities of embedded finance, employees are more likely to engage with the benefits provided by their employers.
Employee Benefits
FEBRUARY 8, 2024
Banking organisation Santander UK has reported a 13.4% mean ethnicity pay gap for 2023, up 4.3 percentage points from 2022’s figure. The employer’s median ethnicity pay gap was 17.6%, up 9.6 percentage points from the previous year. Its mean ethnicity bonus gap was 35.6%, up 6.6 percentage points from 2022, and its median gap was 25.4%, down 0.4 percentage gaps from the previous year’s figure.
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Nearly one-quarter of employees (23%) admit they’ve cried within the first week! Give new hires a positive start with this four-week onboarding roadmap. This schedule outlines all the turns, detours, and speedbumps new hires can expect in their first month. We’ve included suggestions for each week to help you make your new employees’ highway to success an easy road.
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