Money Talk

DECEMBER 7, 2023

As the year winds down so, too, does your opportunity to take proactive steps to reduce 2023 income tax due in April 2024 and, perhaps, taxes due in future years as well. Below are some money-saving tax planning strategies to consider. Seek professional advice as needed. Early RMD Withdrawals - The “financial gap years” between age 59½ and 73 (or 75 if born in 1960 or later) are when there are no longer penalties for withdrawals from tax-deferred accounts but required minimum distributions are n

Taxes 160

Taxes Retirement Plan Deductible Deductions 160

Employee Benefit News

DECEMBER 7, 2023

As the new year approaches, professional growth, workplace culture, and return to office are top of mind.

Management 113

Management 113

Workplace Insight

DECEMBER 7, 2023

You may recall that a couple of years ago, The Great Resignation was one of a handful of things with which certain people had become obsessed. Over a period of about six months at the end of 2021 and beginning of 2022, we were told repeatedly that huge numbers of people were about to quit their jobs to move to something better, pursue their dream of self-employment or whatever.

Architecture 111

Architecture Commissions Work From Home Media 111

3Sixty Insights

DECEMBER 7, 2023

Today, SAP is excited to share that SAP SuccessFactors Employee Central Payroll natively supports 50 locales across the globe, with the addition of Greece as part of our second half release. SAP is the only vendor to support cloud payroll for this many locales, helping organizations that operate across multiple countries manage their payroll on one system.

Payroll 110

Payroll Management Global Payroll Finance 110

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.

Payroll

15Five

DECEMBER 7, 2023

Pendo is a trailblazer in product experience platforms. Scaling Growth, Engagement, and Retention Rapidly scaling any company while maintaining engagement and retention is a daunting challenge for HR and People teams. Scott Morgan, Head of Growth at Pendo, experienced this firsthand as Pendo expanded from 200 to 1,000 employees. However, their success in onboarding 163 managers, remaining in the top 25% of employee engagement, and significantly reducing turnover to 11% stands as a testament to t

Management 110

Management Utilities IT 110

Employee Benefits

DECEMBER 7, 2023

Nearly half (46%) of employees said that working for an ethical employer is more important to them than a higher salary , according to new research by PR agency Unhooked Communications. It surveyed 2,015 UK adults on what they look for in an employer and what motivates them in their work for its HR unhooked pr and marketing report , and found that those aged 25-34 (54%) and those working in the environment and energy sector (65%) were most likely to agree that an ethical employer is more importa

Salary 105

Salary Employment Government Media 105

Employee Benefit News

DECEMBER 7, 2023

Employers can demonstrate their commitment and maintain compliance by following key steps.

Employment 105

Employment Technology Management 105

Employee Benefits

DECEMBER 7, 2023

Credit: Claudio Caridi / Shutterstock.com Automobili Lamborghini has signed an agreement to balance its Italian employees’ leisure and work time through greater flexibility and reshaping working hours. Decided with the Unitary Trade Union Representation, FIOM CGIL and FIM CISL, the draft agreement for the years 2023-2026 sets out new work models that will not impact starting pay to be implemented initially on an experimental basis.

Paid Leave 105

Paid Leave Bonuses Salary Employee Benefits 105

McDermott Will & Emery Employee Benefits

DECEMBER 7, 2023

As of December 31, 2023, all employees physically working in Chicago for at least two hours in a two-week period will earn both one hour of paid leave and one hour of paid sick leave for every 35 hours worked, pursuant to an ordinance passed by the Chicago City Council on November 9, 2023. The new […] The post Chicago Employees to Receive 10 Days of Paid Leave appeared first on EMPLOYEE BENEFITS BLOG.

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Paid Leave Paid Sick Leave Employee Benefits Employment 104

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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.

Management

PayrollOrg

DECEMBER 7, 2023

The Social Security Administration (SSA) reminded employers to check Business Services Online (BSO) accounts before filing season begins.

Employment 104

Employment 104

3Sixty Insights

DECEMBER 7, 2023

In product management, I often receive feature request after feature request. Some requests are straightforward and I understand, and some I have to go back to the customer to for clarity. I’ll never forget receiving a request to “undo a hire” for an employee that already accepted a job. The problem, as described to me: employees are “no showing” on their first day of work, and the hiring company is forced to roll back the hire.

Management 98

Management Healthcare IT Technology 98

15Five

DECEMBER 7, 2023

‘Servant leadership’ is all the rage. But too many leaders aren’t actually serving their people — they’re managing job descriptions. They’re thinking about how best to manage salespeople, engineers, and HR specialists, instead of considering Sandra, Bryan, and Mohinder, the individuals. But managing the actual people, behind the roles, is how you build an all-star cast of top performers instead of a revolving door.

Management 98

Management Engineering Global Payroll Human Resources 98

Workers' Compensation

DECEMBER 7, 2023

The Purdue Pharma bankruptcy case will significantly impact workers’ compensation cases nationally. The US Supreme Court heard oral argument this week, and the potential consequences are far-reaching. The Bankruptcy Court vehicle has been utilized by companies for almost four decades in asbestos mass tort litigation to shield entities from liability in exchange for universal payment to past and future victims.

Workers’ Compensation 98

Workers’ Compensation Engineering Insurance Utilities 98

Advertiser: Paycor

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.

Workplace Insight

DECEMBER 7, 2023

An evidence review led by the University of Warwick has concluded that the increase of zero hours contracts over the last 20 years has created significant risk for workers. They found that unreliable work can result in a sudden loss of hours and earnings, and an inability to access legal advice for unfair or potentially unlawful employment practices.

Employment 97

Employment Management IT 97

InterWest Insurance Services

DECEMBER 7, 2023

The IRS recently announced that the annual contribution limit for flexible spending accounts will rise to $3,200 in 2024, up $150 from this year. Also, employees will be able to carry over up to $640 next year into 2025 if they have funds left over in their account, if their employer allows it (it’s optional). That’s up $30 from this year.

Flexible Spending Account 94

Flexible Spending Account Flexible Spending Pharmaceutical Health Savings Account 94

Proskauer's Employee Benefits & Executive Compensa

DECEMBER 7, 2023

The day after Thanksgiving, while many of us were fortunate enough to be reaching for leftover pie, the IRS released proposed regulations implementing the requirement that 401(k) plan sponsors permit “long-term part-time employees” to make elective contributions to a 401(k) plan. These proposed regulations arrive just one month before the statutory requirements are set to take effect in 2024—meaning that plan sponsors need to quickly get familiar with the proposed rules.

401(k) 94

401(k) Retirement Plan Employment IT 94

International Foundation of Employee Benefit Plans

DECEMBER 7, 2023

One of the first pieces of advice every personal finance guru will give you is “build up your emergency savings.” The advice has become as ubiquitous as it is effective. An emergency savings account (usually set at 3-6 months of a person’s […] The post Can Emergency Withdrawals Replace Emergency Savings? appeared first on Word on Benefits.

Finance 93

Finance Education Employee Benefits IT 93

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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.

Management

Workplace Insight

DECEMBER 7, 2023

Patience plays a crucial role for team performance, reveals new research by the University of Cologne. The study, conducted by Professors Felix Kölle and Thomas Lauer, investigated cooperative behaviour, as well as its underlying mechanisms, in a setting in which the benefits from successful teamwork accrue only in the future. The results from their research suggest that firms can positively influence collaboration and productivity by strategically assigning employees with high levels of patienc

Recruitment 90

Recruitment IT 90

Employee Benefit News

DECEMBER 7, 2023

Dr. Lisa Becht, double board-certified fertility specialist at HRC Fertility, breaks down the implications of California's new leave policy.

Employee Benefits 89

Employee Benefits 89

InterWest Insurance Services

DECEMBER 7, 2023

Holiday parties have made a comeback despite, or maybe because of, more people working remotely. Many managers want to bring their teams together under one roof as it’s become apparent that connecting face-to-face is vital to a vibrant and cohesive work atmosphere. But if you are planning on throwing a company holiday party, there are a number of considerations for you to keep everyone safe and avoid issues that can result in injuries and/or lawsuits against your organization.

Food 86

Food Management Employment IT 86

Employee Benefit News

DECEMBER 7, 2023

The keys to success lie in improved price postings, meaningful action at the state level and grassroots involvement to influence policy.

Healthcare 84

Healthcare 84

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.

Employee Wellness

Florida Workers' Comp

DECEMBER 7, 2023

These pages have periodically noted that the only constant is change. See Baseball, Hotdogs, Apple Pie, and Chevrolet (July 2013); What is Right with Comp (June 2016); What is Different (December 2021); Diversity, Equity, and Inclusion (October 2022). The law is ever-changing. Workers' compensation as a community is ever-changing. People come and go.

Workers’ Compensation 80

Workers’ Compensation Commissions Insurance Employment 80

HR Lineup

DECEMBER 7, 2023

In the ever-evolving landscape of talent acquisition, internal hiring has emerged as a strategic practice for organizations seeking to harness the full potential of their existing workforce. This approach involves filling job vacancies with existing employees rather than recruiting externally. In this article, we’ll delve into the nuances of internal hiring, exploring its benefits, challenges, and best practices.

Recruitment 78

Recruitment Technology Consulting Education 78

Qandle

DECEMBER 7, 2023

Your Ultimate Guide to Christmas Day and New Year Software Deals 2023 The holiday season is upon us, and as we deck the halls with boughs of holly, software companies are joining the festive chorus by offering enticing deals and discounts. Christmas Day becomes a tech wonderland, where digital dreams come true. Software developers and providers gear up to spread joy by bringing forth exclusive promotions, making it the perfect time for users to upgrade their digital arsenals.

Software 77

Software Human Resources Payroll Retail 77

Employee Benefits

DECEMBER 7, 2023

Valeriya Zankovych / Shutterstock.com Communications firm Cisco, professional services network Deloitte and hotel chain Hilton have been named as some of the best workplaces for parents in 2023. Through Great Place To Work’s Trust Index survey, employees shared confidential feedback about their organisation’s culture by responding to 60 statements on a five-point scale and answering two open-ended questions.

Parental Leave 59

Parental Leave Human Resources Comprehensive Benefits Professional Services 59

Advertiser: Paycor

In today’s fast-paced business world, effective workforce management (WFM) isn’t just an option—it’s a necessity.

Management