Tue.Feb 27, 2024

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Analyst Insight: ADP ReThink Event Recap: ADP Turns 75

3Sixty Insights

The Unique Value of ADP ReThink ADP recently wrapped its annual ADP ReThink client event, where over 300 attendees came together in London, England for the largest turnout in ADP ReThink’s 15-year history. If you haven’t had the privilege of attending this unique global HR event, ADP ReThink differentiates itself from other HR technology provider conferences in subtle yet high-value ways.

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California District Court Denies Motion to Dismiss 401(k) Excessive Fee and Underperformance Claims

Proskauer's Employee Benefits & Executive Compensa

A California district court recently denied a motion to dismiss claims that the fiduciaries of a 401(k) plan breached their ERISA fiduciary duties of prudence and loyalty by selecting underperforming, high-cost investments and causing the plan to pay excessive fees for services. The decision is notable for illustrating how pleading standards in investment performance and excessive fee litigation vary depending on jurisdiction.

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New Proposed Rules Aim to Enhance Healthcare Accessibility for People With Disabilities

McDermott Will & Emery Employee Benefits

The US Department of Health and Human Services and the US Department of Justice recently published new proposed rules that update and create various requirements under Section 504 of the Rehabilitation Act of 1973 and Title II of the Americans with Disabilities Act of 1990. What are some of the biggest changes? Read more here. The post New Proposed Rules Aim to Enhance Healthcare Accessibility for People With Disabilities appeared first on EMPLOYEE BENEFITS BLOG.

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Text-based resumes are out: Canva reveals what hiring managers want to see

Employee Benefit News

Canva surveyed over 10,000 hiring managers and job seekers about what a modern resume should look like.

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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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Payroll Congress Veteran Tells Why Attending Is Important

PayrollOrg

Payroll Congress has continued to grow and expand over the past 40 years to help the profession deal with extended regulatory complexity, technological advances, professional development, analytical needs, increased global interaction, and the need for a vital payroll community.

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Embracing older workers: A hiring pool of experience and expertise

Insperity

In the landscape of the American workforce, a remarkable shift is underway. Older workers, individuals aged 65 and older, are emerging as one of the fastest-growing segments of the workforce. Contrary to conventional retirement norms, age 65 no longer signifies an automatic exit from professional life for many Americans. Instead, seniors are choosing to remain engaged, contributing their wealth of experience, expertise and wisdom to various industries and organizations.

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Bring your dog to work: These employees train services dogs to support military vets

Employee Benefit News

At PenFed Credit Union, a mission to support veterans now includes a volunteer program where employees raise puppies in and out of the office.

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Vacant Office Buildings May Have Insurance Problems

InterWest Insurance Services

The trend toward employees working remotely that began during the COVID-19 pandemic has proven popular, and many employers have been able to shrink their office costs by leasing smaller spaces. However, these changes have resulted in increased commercial building vacancy rates, and that can leave their owners with insurance problems. The National Association of Realtors has reported that the nationwide office vacancy rate in 2023 was 13.3%, up from 12.2% the year before.

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Money stress impacts teens, too, Wells Fargo finds

Employee Benefit News

U.S. adults are intensely worried about their finances — and their kids are even worse.

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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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Supply and Demand

Florida Workers' Comp

There are many interesting applications of the economic concepts of supply and demand. Those are largely lost on the population, but the effects of economics are arguably universal. They surround us in our daily lives. We address them individually and collectively. Imagine a workforce that would band together to artificially control supply, and thus strive to manage the economic equation regarding the value of services.

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3 Non-Monetary Incentives for Employees

Hppy

Employee appreciation is a great way to keep your staff motivated and elevate your employer branding. You can reward them with cash bonuses and other monetary compensation types. However, this isn’t the only way to appreciate your workforce. Non-monetary incentives are innovative ways to reward your employees outside the standard benefits and financial compensation.

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Don't call it a comeback: IBM pension play a 'financial maneuver'

Employee Benefit News

After IBM unfroze its pension, some wondered if this was the start of a defined-benefit renaissance. Researchers say that's not what it was about.

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Missing Participants: Help From SECURE 2.0 and the Latest Best Practices  

International Foundation of Employee Benefit Plans

Benefits Magazine Extras articles provide you with bonus content on a mix of benefits topics as well as deep dives and analyses on the latest benefit trends and compliance issues. Foundation members can visit ifebp.org/benefitsmagazine to view the full bimonthly print edition of the […] The post Missing Participants: Help From SECURE 2.0 and the Latest Best Practices appeared first on Word on Benefits.

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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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How today's HR leaders are navigating cultural change and common crises

Employee Benefit News

Technology and increased collaboration can help keep HR's focus on the tasks that matter most.

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Marks and Spencer enhances pay and family leave policies

Employee Benefits

Credit: patat / Shutterstock.com Retailer Marks and Spencer has announced pay increases and enhancements to its maternity, paternity and adoption policies. As part of an £89 million investment, from 1 April the rate of pay for its 40,000 UK customer assistants will increase from £10.90 to £12 per hour, a 10.1% rise from last year. A full-time employee will see an increase of around £180 per month.

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CEOs turn to hybrid working to cut costs as suburban office footfall booms

Workplace Insight

CEOs are turning to hybrid working to bring down costs amidst the recession as new office footfall data reveals that footfall in suburban and commuter down offices is booming. A study among more than 500 UK business leaders by IWG a quarter (24 percent) have cut their business’ city centre office space in favour of more cost-effective hybrid working in local sites.

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New Look implements HR and payroll processes platform

Employee Benefits

Credit: Tupungato / Shutterstock.com Fashion retailer New Look has introduced a cloud human capital management platform to unify its HR and payroll processes for its workforce. Through a partnership with global human capital management firm Dayforce, the retailer will be able to provide a modern employee experience for its more than 8,500 staff and seasonal workers during busy holiday periods through a communications system that delivers timely updates and allows them to find help and informatio

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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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10 Best Journaling Apps for Self-Reflection in 2024

BetterUp

Jump to section The importance of journaling What are journaling apps? Benefits of keeping a digital journal What makes a good journaling app?

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Asda reports 6.6% mean gender hourly pay gap for 2023

Employee Benefits

Supermarket Asda has reported a 6.6% mean gender hourly pay gap for 2023, down from 7.6% in 2022. The employer’s median gender hourly pay gap for 2023 was 5%, up slightly from 4.7% in 2022. Its hourly-paid retail store employees make up 84% of its total workforce, while its upper pay quartile consists of 35.9% of females and 64.1% of males and its lower pay quartile consists of 60.1% of females and 39.9% of males.

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Supporting employee wellbeing with employee assistance programs

Higginbotham

To produce their best work, your employees may need assistance with a wide range of issues – from mental health and substance abuse counseling to childcare and legal matters. By offering employee assistance programs (EAPs), employers can help support employees and their family members while fostering a productive company culture. What is an employee assistance program?

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Individuals should act fast to make the most of their ISA allowance

Employee Benefits

With the end of the tax year fast approaching, there is still time for individuals to take full advantage of their £20,000 ISA allowance. Jonathan Watts-Lay, Director, WEALTH at work, comments; “In the current environment, it has become difficult for a lot of people to save as much as they would like, which can have a serious impact on financial resilience.

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7 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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How to explain why you left your job: Reasons and examples

Business Management Daily

If you’re in the market for a new job, it’s important to know how to answer common job interview questions. One of the questions that candidates often worry most about is “why did you leave your last job?” It can be challenging to know just how honest you should be with your response. Will a prospective employer judge you for prioritizing salary or remote work options?

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5 Efficient Techniques for Minimizing Recruitment Costs 

Hppy

Bringing great talent onboard in your organization doesn’t come cheap. Between headhunters, fancy job boards, advertising costs, and endless rounds of interviews, recruitment expenses can quickly eat into your budget. With the average cost per hire in the US hovering around $4,700, it’s only prudent that you find ways to streamline your hiring process and cut expenses.

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15 Ways to Thank Your Boss for an Appreciation in 2024

Empuls

The expression of gratitude plays a pivotal role. As professionals, we often find ourselves navigating a landscape where recognition and appreciation from superiors are desired and crucial for fostering a positive work environment.  Thank you reply to the boss for appreciation is not just a formality; it's an opportunity to strengthen relationships, boost morale, and cultivate a culture of acknowledgment within the workplace.

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5 Essential Collections Interview Questions & Answers

Professionals Alternative

[link] 5 Essential Collections Interview Q & A’s Introduction to the collections specialist role As an HR professional hiring collections specialists, it’s important to understand their role and significance in the organization. A collections specialist plays a vital role in managing overdue accounts and ensuring timely payment from customers.

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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.