Wed.Apr 02, 2025

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Unmasking the hidden risks of level-funded and self-insured plans

Employee Benefit News

Personal liability can strike silently, leaving decision-makers vulnerable to lawsuits and fines that can have devastating potential for personal assets.

Insurance 188
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6 things to know about FSA compliance

WEX Inc.

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.

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Take your financial wellness benefits to the next level with 529 plans

Employee Benefit News

Despite being a tax-advantaged college savings vehicle, not many employers offer 529 plans to their workers.

Taxes 157
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Financial Stress Takes a Toll on Workers: How Employers Can Help 

International Foundation of Employee Benefit Plans

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.

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Future-Proof Your Talent Pipeline

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?

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A guide to creating psychological safety in the workplace

Employee Benefit News

Discover how fostering psychological safety in the workplace can drive innovation and collaboration.

More Trending

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'I'll get replaced': Why these benefit leaders needed to embrace AI

Employee Benefit News

Several benefit managers shared their experiences using chatbots to ease HR tasks and recruiting processes.

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Must-have Features of Payroll System to Make Your Business Operations Smoother

Qandle

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 ?

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'Uber for parenting': This app gives working parents a road map

Employee Benefit News

The founder of MissPoppins shares why a digital parenting platform is a great offering for benefits professionals to add to their arsenal.

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The importance of cyber insurance for small businesses

Higginbotham

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.

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Understanding Group Medicare for an Aging Workforce: Key Considerations for HR Leaders

Speaker: Shawnequa Albert

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.

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What Is A Letter Of Medical Necessity?

PeopleKeep

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.

Medical 52
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Office fit out costs rise as firms adapt to new ways of working

Workplace Insight

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.

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Analyst Insight: The Power of Data Freedom – How Act-On is Redefining Marketing Automation

3Sixty Insights

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.

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How to Hire the Best Bookkeeper for Your Business: A Comprehensive Guide

Professionals Alternative

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.

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Ready to Save Time With AI? Try 14 ChatGPT Prompts for HR

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.

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BambooHR vs Paylocity Review: A 2025 Comparison for CHROs

HR Digest

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

Payroll 52
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WEX unveils 2024 community award winners at WEX SPARK

WEX Inc.

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

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If you want your business to grow, become a digital leader

Workplace Insight

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.

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Upskilling reskilling workforce development

Business Management Daily

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.

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The Great Disruption: Leveraging AI To Better Your Benefits Strategy

Speaker: Joana Ardelean, MSHRM, PHR, SHRM-CP, CC

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.

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Gen Z Workplace Habits: Streaming During Work HR’s Next Challenge

HR Digest

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.