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Personal liability can strike silently, leaving decision-makers vulnerable to lawsuits and fines that can have devastating potential for personal assets.
Flexible spending accounts (FSAs) allow your employees to use pre-tax dollars to cover eligible out-of-pocket healthcare expenses, providing a tax-efficient way to manage medical costs. But there are some FSA rules you need to follow to stay compliant. Keep reading to learn more about FSA compliance and how to design an FSA plan at your company. Check out our other compliance blog posts on HSAs , HRAs , LSAs , and voluntary benefits.
International Foundation of Employee Benefit Plans
APRIL 2, 2025
Financial Challenges Like Emergency Expenses and Basic Living Costs Impact Worker Performance April 2 is National Employee Benefits Day, celebrated annually to recognize those working in employee benefits and the important role they play in their colleagues well-being. The 2025 theme is […] The post Financial Stress Takes a Toll on Workers: How Employers Can Help appeared first on Word on Benefits.
Get ready for the future of business. As HR navigates an ongoing labor shortage, leaders need stronger, more adaptable recruiting strategies. Do you have the tools you need to build a talent pipeline that drives sustainable business growth?
The U.S. Department of Health and Human Services (HHS) is undergoing a significant transformation in 2025. This comes with the recent news of HHS layoffs in 2025 that slashed 10,000 jobs , reducing the total workforce from 82,000 to 62,000. To say that the impact of HHS job cuts is huge would be an understatement. This HHS restructuring in 2025 has triggered overhaul across critical functions like HR, IT and procurement across its network of agencies, including the FDA, CDC and NIH.
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Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
The U.S. Department of Health and Human Services (HHS) is undergoing a significant transformation in 2025. This comes with the recent news of HHS layoffs in 2025 that slashed 10,000 jobs , reducing the total workforce from 82,000 to 62,000. To say that the impact of HHS job cuts is huge would be an understatement. This HHS restructuring in 2025 has triggered overhaul across critical functions like HR, IT and procurement across its network of agencies, including the FDA, CDC and NIH.
Payroll processing is a core function in every organization. It impacts your employees directly, and getting it wrong can lead to dissatisfaction, compliance issues, and even legal consequences. This is why choosing the best payroll system isnt just a luxury, its a necessity. But what exactly makes a payroll system great? What are the key features you need to ensure smooth payroll processing ?
Cyber criminals dont just target large companies capable of paying multimillion-dollar ransoms; they can also target small and mid-size companies, especially if those companies lack sophisticated cyber security practices. As risks mount, cyber insurance is becoming increasingly important coverage for small businesses. Small Businesses Underestimate Cyber Risks Sole proprietors and small businesses may mistakenly believe that their operations are too small for cyber criminals to notice them.
As our workforce evolves, so must the way we support it. With more employees choosing to work beyond age 65, HR leaders are increasingly being called upon to guide aging employees through one of the most complex transitions in their professional lives - from employer sponsored plans to Group Medicare. Without clear guidance, confusion around eligibility, coverage options, and cost implications can lead to uncertainty and missed opportunities for optimized benefits.
Health reimbursement arrangements (HRAs) are tax-advantaged benefits that employers offer to help employees pay for qualified out-of-pocket medical costs. While many expenses are eligible for reimbursement with just a receipt or invoice, some require extra steps to satisfy the IRSs definition of a qualified expense. A letter of medical necessity (LMN) can help prove a healthcare service is necessary and, therefore, an HRA-qualified expense.
According to a new report from JLL, the office sector is again taking ‘centre stage’ in commercial real estate as companies worldwide adapt hybrid work policies to encourage greater in-office attendance. However, this renewed focus on office spaces comes at a cost, with businesses facing rising expenses to design and fit out their work environments.
In todays fast-moving digital landscape, businesses need marketing automation solutions that enhancenot restricttheir ability to innovate. Too often, organizations find themselves trapped in rigid marketing ecosystems, where switching costs, limited integrations, and outdated architectures prevent agility. Act-On has taken a radically different approach, championing Data Freedom as a core principle.
A strong financial foundation is essential for the success of any business, and having the right bookkeeper on your team can make all the difference. Whether you are hiring a bookkeeper for the first time or looking to replace an existing one, the hiring process requires careful planning and consideration. Once your team recognizes the need for this position, it can also be difficult to know where to start.
ChatGPT is a powerful tool that can help you quickly brainstorm, draft, and refine tasks on your to-do list. But it can take a bit of strategy and practice to get generative AI to give you the time-saving results you’re looking for. Try these 14 detailed prompts to unlock the power of ChatGPT. You'll discover ways to streamline tasks for hiring, employee engagement, and performance management.
As a Chief Human Resources Officer (CHRO), picking the right Human Resources Information System (HRIS) is crucial to streamlining operations , enhancing employee experience, and driving organizational success. Two leading contenders in the HRIS market, BambooHR and Paylocity, offer robust solutions tailored to different organizational needs. In this BambooHR vs Paylocity comparison for 2025, well deep dive into their features, strengths, and core differences to help you make an informed decision
WEX is excited to reveal the winners of the 2024 Community Awards and the newest inductees into the WEX Circle of Excellence. Established in 2008, the Community Awards celebrate notable accomplishments across areas like growth, advocacy, leadership, innovation, and customer service, as well as overall company successes. WEX recognized 16 companies with distinct honors across leadership and innovation, including welcoming 12 new companies into its Circle of Excellence, an annual recognition progr
How often does your organisation really challenge its approach to digital? A recent report from Virgin Media O2 Business in partnership with Cebr revealed a gap in progress between tech adopters and non-adopters. The average tech-adopting digital leader’ saw a 12 percent turnover growth and 9 percent headcount growth between 2021 and 2023. This was double that of slower-adopting digital followers, with 6 percent turnover and 3 percent headcount.
Upskilling and reskilling: Essential strategies The relentless march of technological progress, fueled by innovations like AI and robotics, is fundamentally reshaping workplaces across all sectors. This transformation of roles and the emergence of new ones exacerbate the skills gap , presenting significant hurdles for businesses striving to maintain a competitive edge.
The benefits landscape is shifting rapidly, and AI is at the center of this transformation. From optimizing health and wellness programs to predicting future benefits needs, AI is empowering HR and total rewards leaders to make smarter, more proactive decisions. The challenge? Understanding where AI fits in your strategy and how to leverage it effectively while keeping employee well-being at the forefront.
Its getting harder and harder to defend Gen Z’s workplace habits every day. A new survey from Tubi and The Harris Poll found that 84% of Gen Z were steaming at work to finish watching a show or movie while working from home. Reminding us of the many work-from-home distractions that send fear coursing through the hearts of employers, the study suggested that 52% didnt want to return to the office because they will be unable to stream during the work day.
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