Thu.Jun 20, 2024

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How to Speak to an Attorney

Money Talk

Many people live decades of adult life before they ever see an attorney. Perhaps they procrastinate on estate planning, never get divorced or adopt a child, never serve as someone’s executor, never start a business, never face criminal charges, and never suffer a personal injury. Also, in many states, people use title companies, instead of lawyers, to conduct real estate closing transactions.

Finance 151
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NQDC Complications and Best Practices

McDermott Will & Emery Employee Benefits

A nonqualified deferred compensation (NQDC) plan is a powerful employee benefits tool. However, NQDC plans can create complications for plan administrators and participants. In this PLANADVISER article, Brian Tiemann and Lisa Loesel highlight several potential NQDC plan pitfalls and offer strategies to mitigate these hazards. Access the article. The post NQDC Complications and Best Practices appeared first on EMPLOYEE BENEFITS BLOG.

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What is human resource management (HRM)?

PeopleKeep

Employees are an employer's greatest asset. Organizations spend considerable time and effort recruiting and retaining the best employees to ensure their business flourishes. That’s why it’s essential to have the right systems and teams in place to manage your employees properly and keep them engaged. Human resource management (HRM) involves overseeing various organizational tasks like employee recruiting, payroll, and compliance.

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Save on taxes: Bonus depreciation for business vehicle purchase

WEX Inc.

As we head toward summer – – for many of you your busiest season – – you are likely thinking about your commercial vehicles and the wear and tear they will sustain this season. There may be replacements needed, in which case you may be thinking through costs and planning a best approach to swap out old vehicles. In this article we talk you through how to save money using bonus depreciation for vehicles you purchased in 2024 for your small or large business fleet.

Bonuses 98
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From Payroll Pains to Growth Gains: Streamlining Payroll & HR for Success

Speaker: Joe Sharpe and James Carlson

In the world of small business management, the challenge of managing payroll & HR efficiently while scaling operations can be overwhelming. Yet, with the right strategies in place, these challenges can become opportunities for growth and innovation. In this session, Joe Sharpe, Senior Director of Managed Payroll Services at IRIS, will reveal practical methods and expert insights for outsourcing and streamlining payroll processes, resulting in substantial time and resource savings.

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Two thirds of remote workers suffer from something called productivity anxiety

Workplace Insight

A new poll from Workhuman claims that while 61 percent of UK employees report higher productivity when working remotely two thirds of fully remote employees say they suffer from what the report refers to as ‘productivity anxiety’ Of those workers, one in four says they battle feelings of inadequacy or pressure to perform constantly or frequently.

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What Is Internal Mobility and Why Do You Need It?

HR Lineup

In today’s rapidly evolving business environment, the concept of internal mobility has gained significant traction. Companies are recognizing the value of leveraging internal talent to meet organizational needs, drive innovation, and maintain a competitive edge. Internal mobility refers to the movement of employees within an organization through different roles, departments, or locations.

IT 85
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2025 HSA Contribution, HDHP Cost-Sharing Limits

InterWest Insurance Services

The IRS has announced significantly higher health savings account contribution limits for 2025, with the amount increasing 3.6% for individual HSA plans. The IRS updates this amount annually, along with minimum deductibles as well as the out-of-pocket maximums for high-deductible health plans. Under its rules, HSAs, which help employees save for medical expenses, are only available to those enrolled in qualified HDHPs.

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How registered dietitians support healthy eating habits for employees

Employee Benefit News

Expert guidance can provide the type of care needed to help employees make lasting positive dietary changes.

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5 steps to attract and hire highly skilled workers

Insperity

Do you have an open position with super-specific criteria that you’ve had a difficult time filling? Or, maybe the criteria aren’t as specific, but a talent shortage is making it harder to find the right person. If you’ve been trying to pinpoint the right candidate awhile without any luck, one reason could be because you’re looking to hire a highly skilled worker.

401(k) 80
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Plant the Seed for Successful Onboarding!

Our Free Welcome Email Templates (designed for both in-office or virtual employees) are ready for you to customize and use to plant the seeds of success for new team members.

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Top 10 Employee Recognition Ideas For Small Businesses

Vantage Circle

Are you seeking fresh and effective employee recognition ideas for your small business? Look no further! From spot bonuses to annual vacation rewards, we'll explore various creative ideas designed to boost your team's morale, motivation, and productivity. Let’s dig in. Let’s start by briefly defining what a small business is.

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The DOL Retirement Security Final Rule: Highlights for Plan Sponsors

International Foundation of Employee Benefit Plans

On April 25, 2024, the Department of Labor (DOL) published the retirement security final rule defining fiduciary status for investment advice to retirement investors under the Employee Retirement Income Security Act (ERISA) and the Internal Revenue Code (IRC). It is set to […] The post The DOL Retirement Security Final Rule: Highlights for Plan Sponsors appeared first on Word on Benefits.

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Median pay increase remains at 5% in three months to April 2024

Employee Benefits

The median pay increase across the UK economy has remained at 5% in the three months to April 2024, according to the latest analysis by Incomes Data Research (IDR). The research organisation analysed a sample of 159 pay awards effective between 1 February and 30 April 2024, covering more than 1.3 million employees in total. It found that more than a quarter (28%) of pay awards were worth 6% or more, with some of the highest increases in excess of 9%.

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How Exos achieved lower burnout rates and better sales with a 4-day workweek

Employee Benefit News

Exos is treating employees how coaches treat athletes — balancing intervals of high-intensity performance with recovery.

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Engage, Empower, Excel: Transforming Performance in the New Era of Work

Speaker: Radhika Samant and Adri Glover

The world of work has fundamentally changed. The series of waves that the pandemic began have rippled through the Great Resignation, quiet quitting, the Great Regret, and other eloquent phrases that boil down to the same thing: people aren’t engaged at work or enabled to perform at their best. The truth is that engagement and enablement is more important than ever, but how we do it is the critical differentiator for many organizations.

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Ian Hodson: What role do employers have to play in helping employees work flexibly?

Employee Benefits

In reality, we have got to our new ways of working at an accelerated rate where the foundations of an operational infrastructure is being built for the ‘house’ that we are already living in. For me, the point to focus on is the aspect of flexibility as when we talk about whether individuals are working from home, hybrid or office based there is no right or wrong, it is really all about the preferences of the individual.

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Liberty Mutual's LGBTQ ERG celebrates 10 years of supporting inclusivity at work

Employee Benefit News

Professional development, cultural education and inclusive benefits are all part of the group's effort to create an ideal working environment.

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L-Acoustics appoints new chief people officer

Employee Benefits

L-Acoustics, a manufacturer of loudspeakers, amplifiers, marketing materials and signal processing devices, has appointed Anne Hamlett chief people officer as part of its focus on its people-centric education and innovation culture. Hamlett will provide a people-focused contribution to key strategic topics at the C-level and directly lead three L-Acoustics divisions: people, legal, tax and compliance, and education and scientific outreach.

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Latest carpet tile and LVT collections from Interface explore crafted textiles and natural forms

Workplace Insight

Interface, Inc. the global flooring solutions company and leader in sustainability, has unveiled its latest global carpet tile and luxury vinyl tile (LVT) collections. The Etched & Threaded carpet tile and Earthen Forms LVT collections push the boundaries of design while continuing the company’s commitment to creating flooring solutions made for purpose and without compromise.

IT 52
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How to Increase Diversity in Your Workforce Through AI Technology

Diversity and inclusion are crucial for building a strong and innovative workforce. Discover how AI technology can revolutionize your hiring process and drive diversity in your organization. Explore over 10 ways AI recruiting tools can help you identify a wider pool of candidates, enhance communication strategies, and eliminate unconscious bias. Embrace the future of recruitment and create a more diverse and inclusive workplace with AI technology.

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Workers employed by Edinburgh Airport accept 6.8% pay increase

Employee Benefits

Credit: Serge Cornu / Shutterstock.com A total of 275 workers employed by Edinburgh Airport have accepted a 6.8% increase for their shift pay following negotiations. The employees, who are members of trade union Unite, deal directly with passengers in airport security, terminal operations, search areas and process them for flights, as well as carry out screening all deliveries and assisting with airside support services.

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BHN Rewards

HR Lineup

BHN Rewards is a premier platform designed to transform the way businesses manage and distribute rewards. With a focus on flexibility, efficiency, and user satisfaction, BHN Rewards offers a comprehensive suite of tools and services that cater to various industries, including retail, corporate, healthcare, and more. By leveraging the latest technology and industry best practices, BHN Rewards ensures that your reward programs are not only effective but also engaging and motivating for your recipi

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What is an hour bank arrangement for healthcare?

PeopleKeep

Because those who work in the construction industry face high risks of injuries and illnesses, it's important to provide them with healthcare benefits so they can access preventative care and get help with costly medical bills. But, traditional group health plan coverage doesn't always fit everyone's needs or budgets. If you're looking for a more cost-effective solution, an hour bank arrangement may be the answer.

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Make

HR Lineup

Make, formerly known as Integromat, is a powerful platform designed to automate workflows, integrate apps, and create seamless data transfers between disparate systems. It caters to both technical and non-technical users, providing an intuitive interface to build and automate complex processes with ease. Whether you are a business looking to streamline operations, a developer seeking to integrate APIs, or an individual aiming to simplify daily tasks, Make offers a versatile solution that adapts

Retail 52
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How To Empower Your Workforce With Modern Fertility Benefits

Speaker: Andrea Wuchiski

In an era where a workforce spans multiple generations, HR managers and Total Rewards leaders face the unique challenge of designing benefits packages that cater to diverse employee needs. This session will delve into how comprehensive fertility benefits can bridge generational gaps, support employees’ health, and enhance workplace satisfaction. Join us for an insightful session that highlights the strategic importance of fertility benefits in today’s competitive job market.

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Why employment practices liability insurance is more important than ever

Higginbotham

Employment-related liability is something that every company that employs people needs to think about. Employment practices liability insurance (EPLI) can help provide protection against the financial fallout employment disputes may bring. With employment-related claims increasing, it’s becoming more important than ever before. The Rise in Employment-Related Claims Employment-related claims have always been a risk for employers, but this risk appears to be increasing.

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Troop Messenger

HR Lineup

Troop Messenger is a comprehensive team collaboration and communication platform designed to streamline workplace interactions across organizations of all sizes. With its robust features and user-friendly interface, Troop Messenger aims to enhance productivity and efficiency by facilitating seamless communication among team members, regardless of their location or device.

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5 things to consider when evaluating a COBRA administrator

WEX Inc.

Outsourcing your COBRA administration can reduce risk for your company and minimize paperwork for your HR team, but finding the right administrator may seem overwhelming. Here are the five considerations to keep in mind during your COBRA administrator evaluation process. Saves your HR team’s time COBRA administration can be incredibly time-consuming and complex, so it’s important to choose an administrator that understands and can handle the wide variety of needs quickly and efficiently.

Taxes 52
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Adaface

HR Lineup

Adaface is an innovative platform designed to revolutionize the hiring process by focusing on skills rather than just resumes. It offers an intelligent, automated assessment tool that helps organizations identify the right talent quickly and efficiently. By leveraging AI and customized assessments, Adaface ensures that candidates are evaluated on their actual skills, leading to more effective and fair hiring decisions.

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Interview Scorecard Free Downloadable Template

Making effective hiring decisions can be challenging, but with a standardized evaluation process, you can improve your chances of finding the ideal candidate every time. Discover the benefits of using interview scorecards to assess and compare candidates, ensuring fair and consistent evaluations. Our free interview scorecard template allows you to customize criteria and track candidate progress, helping you make informed hiring decisions.