Fri.Nov 08, 2024

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Nava Benefits and Open AI partnered up to make healthcare easier to understand

Employee Benefit News

The CEO of Nava Benefits shares how their AI assistant is helping members comprehend and access their benefits.

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Holiday Incentive Pay Must Be Included in Colorado Overtime Calculations

PayrollOrg

The Colorado Supreme Court ruled that holiday incentive pay must be included in the calculation of the regular rate of pay.

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How employers can empower their workforce by focusing knowledge, inclusion and well-being

Employee Benefit News

Our coverage this week included articles about how to keep an older workforce engaged, how DEI efforts are being transformed, and how to navigate rising healthcare costs.

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5 Trends Driving Financial Wellness in the Workplace

Flimp Communications

As of fall 2024, there are a few signs the country is slowly but surely emerging from a harrowing economic ordeal. Inflation has slowed somewhat, unemployment remains low, and indicators like GDP (gross domestic product) show surprising growth. But these are macro trends. What keeps your company’s employees awake late into the night and dominates their thoughts throughout the workday isn’t the state of the nation’s economy but their retirement savings, children’s college funds, credit card debt,

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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.

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HRA Administration: What Features to Expect From Your Provider

PeopleKeep

Health reimbursement arrangements (HRAs) have become popular with U.S. employers because they’re flexible, budget-friendly, and customizable. But like most health benefits, the success and value of an HRA depends on how you administer it. Luckily, an HRA administrator can help. HRA administration software helps employers of all sizes manage their health benefits quickly and compliantly.

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Electronic Form 1095-B for Employers’ Tax Filing Available in Early January

Employer Connection

An electronic version of Form 1095-B (in a PDF format) will be available in the Document Center on our website in early January 2025. Employers should log in at TrustmarkSB.com/login. Visit the Regulatory Updates blog for more information.

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Real-world scenarios: Toxic team turnarounds in action

Business Management Daily

By Paul Falcone Much of the literature available around employee accountability, performance management and constructive confrontation focuses on individual relationships between managers and their direct reports. However, so much work is done by teams, and it’s important that we look at a team equivalent to ensure we’re able to address larger groups of people with similar types of accountability, performance or behavioral challenges.

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Overcoming Disagreements: Embracing the DARE Decision-Making Framework

3Sixty Insights

Disagreements are an inevitable part of any collaborative effort, especially in the business world. It’s perfectly acceptable—even healthy—to disagree. Without differing opinions, innovation and discovery would stall. However, it’s crucial that these disagreements are handled with respect. Being disrespectful, rude, or resorting to bullying is entirely unacceptable.

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Nissan Turns to Job Cuts and Its CEO Takes a Hit for the Team

HR Digest

Battling headwinds in China and the U.S., Nissan has announced major job cuts for the year, cutting its annual operating forecast by 70%. As per Nissan’s restructuring plans, 9,000 jobs will be eliminated and 20% of the global manufacturing capacity will be cut. Japan’s third-largest automaker has faced a prominent decline in its sales and revenue since 2019, which led to the removal of chairman Carlos Ghosn and a reversal of its partnership with Renault SA.

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We’re Here to Help! How to Navigate Your Top HR Priorities

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

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Personal cyber insurance: Individual protection from cyber crime

Higginbotham

In today’s digital world, it’s not just businesses that face cyber threats. Individuals also face risks like identity theft, fraud and cyber extortion – all of which could have a major financial and personal impact. If you do fall victim to a cyberattack, personal cyber insurance can offer financial coverage and crisis management services to help you mitigate the effects of the attack.

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Attestation Due at Year End to Federal Government

Employer Connection

Employers that sponsor a self-funded health benefit plan are required to submit a Gag Clause Prohibition Compliance Attestation by Dec. 31, 2024 , to the federal government. Plans administered by Star Marketing and Administration, Inc., comply with the provision established by the Consolidated Appropriations Act, 2021. To learn more and to view a confirmation of compliance, visit this web page.