Employee Benefits
APRIL 17, 2024
Credit: Andrey_Popov/Shutterstock Need to know: The cost-of-living crisis is forcing more employees to take on additional work due to financial pressures, raising concerns around burnout. Pay strategies such as targeted pay increases, performance-related bonuses and earned wage access can help. Employers need to ensure there is a culture where people can discuss financial concerns.
Employee Benefit News
APRIL 17, 2024
Amid cash-outs, stranded plans and suboptimal investments, a SECURE 2.0 provision runs the risk of expanding asset waste in the proverbial 401(k) landfill.
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Employee Benefits
APRIL 17, 2024
Wellbeing levels among employees have dropped since the start of the Covid-19 pandemic, falling from 73% in 2020 to 66% in 2023, according to employee engagement expert Inpulse. Insights from 30,000 employees across the UK and Europe formulated Inpulse’s Wellbeing index , which measures five core elements of wellbeing: work-life balance, support, workload, connection and mental health , scoring them between 0 to 100%.
McDermott Will & Emery Employee Benefits
APRIL 17, 2024
The US Department of Health and Human Services Office for Civil Rights (OCR) recently reached a $4.75 million settlement with a New York City hospital for alleged violations of the Health Insurance Portability and Accountability Act (HIPAA). According to OCR, in 2013, a former hospital employee sold the electronically protected medical records of 12,517 patients […] The post Hospital Settles With OCR for $4.75 Million Over HIPAA Violations appeared first on EMPLOYEE BENEFITS BLOG.
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.
Employee Benefit News
APRIL 17, 2024
Seventy-five percent of women have misconceptions around their fertility. Maven's new program is providing needed guidance from the start.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
Employee Benefit News
APRIL 17, 2024
Despite troublesome headlines, 66% of businesses have actually increased their commitment to inclusion efforts over the past year.
HR Lineup
APRIL 17, 2024
In today’s dynamic business environment, organizations face multifaceted challenges ranging from regulatory compliance to talent management. Human resources (HR) serve as the backbone of any organization, driving its success by managing the most valuable asset—its people. However, ensuring HR practices align with organizational goals and comply with legal standards is paramount.
Employee Benefit News
APRIL 17, 2024
Late-in-life divorces have more than doubled since 1990, and they often decimate retirement savings.
BetterUp
APRIL 17, 2024
Jump to section What is social anxiety disorder? Diagnosing social anxiety disorder What triggers social anxiety? How can social anxiety affect your life? What’s the treatment for social anxiety disorder?
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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.
Employee Benefit News
APRIL 17, 2024
An inclusive company culture makes this business platform an ideal workplace for parents.
Employee Benefits
APRIL 17, 2024
Recruitment firm Gi Group has put measures in place to help its employees cope with the cost pressures they are under. Cindy Gunn, group head of people at Gi Group, says: “Recruitment isn’t the most profitable sector so we have to be a bit more creative to make sure our employees feel valued and rewarded.” One measure has been to revamp its variable pay scheme to include achievable targets, which enables staff to increase their overall earnings without having to increase base salaries.
Employee Benefit News
APRIL 17, 2024
An increasing share of jobseekers say it's likely they'll get laid off from their current or new job in the next six months.
Workplace Insight
APRIL 17, 2024
Change management consultant and author Jennifer Bryan invites Mark Eltringham to share a Cosmopolitan and discuss how firms can better help people to thrive in a rapidly changing world. Along the way they talk about the futility of trying to work out how much time everybody should spend in an office, how an American came to use words like brilliant and Zed so effortlessly, the need for crises to get things moving some times, and what happens next.
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.
Employee Benefits
APRIL 17, 2024
Pension salary sacrifice schemes are not a new concept, but one that all employers should consider, especially at a time where the tax burden on both employers and employees is high. These schemes, which see employees sacrifice some of their monthly salary in return for increased employer pension contributions, are not only good for helping employees to plan ahead for their retirement, but also offer tax benefits.
Workplace Insight
APRIL 17, 2024
Technology has transformed our personal relationships by making communication more accessible than ever before. But, are we implementing best practices to ensure a positive and sustainable relationship with our technological devices? In today’s digital age, screens have become an integral part of our daily lives. From smartphones and tablets to laptops and televisions, we are surrounded by screens at every turn.
Employee Benefits
APRIL 17, 2024
Law firm Thorntons has rolled out enhanced and inclusive family-friendly policies to support its more than 580 staff and partners. New mothers at the firm will receive treble the existing maternity pay, which will rise to 26 weeks at full pay and 13 weeks at half pay. Those adopting a child will receive the same benefits. Co-parents will receive 12 weeks of paid shared parental leave, which replaces the standard approach of two weeks following a birth or adoption, to reflect co-parenting needs a
Workplace Insight
APRIL 17, 2024
Just ten years ago, AI systems couldn’t even classify images as well as humans. Now, they’re routinely outperforming people on a range of tasks, according to a new report from the Stanford Institute for Human-Centered Artificial Intelligence (HAI). The 2024 AI Index is the latest update to the annual analysis of trends in artificial intelligence.
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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.
Employee Benefits
APRIL 17, 2024
Cloud-based software firm Salesforce has reported a 22.25% mean hourly gender pay gap for 2023, up from 10.29% the previous year. The employer’s median hourly gender pay gap for 2023 was 23.08%, down from 29.74% the prior year. Its top pay quartile as of 2023 consisted of 73% of men and 27% of women, as opposed to the previous year, which was made up of 75% of men and 25% of women.
HR Digest
APRIL 17, 2024
One of the toughest challenges leaders—and managers by extension—face, is in learning how to delegate effectively. With the amount of work that floods into the office every day, there are always new tasks to address and additional problems that arise with each one. When managers are able to prioritize better and ensure they have time for their team, employees become more capable of getting through their work rather than settling for a scattered manager who leaves multiple assignments unfinished.
BetterUp
APRIL 17, 2024
Jump to section What is a digital nomad?
Business Management Daily
APRIL 17, 2024
He cleaned out his cubicle and went through an exit interview. Now, after three weeks (or three months or three years.) this former employee wants to return to your organization. Should you be welcoming or apprehensive? Before thoroughly thinking about whether or not rehiring this person is in the organization’s best interest, start by figuring out the ex-employee’s status.
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 Benefits
APRIL 17, 2024
Financial wellbeing and mental health are intrinsically linked. Employees with poor mental health are likely to be more heavily impacted by financial worries and less likely to make sound financial decisions. The risk is that both their financial situation and mental health can worsen. Read on to explore the employee benefits that can help alleviate financial pressures during the cost-of-living crisis, enhancing mental health or wealth.
PeopleKeep
APRIL 17, 2024
Whether you’re an individual searching for a health plan for yourself or your family, or an employer looking for a group health insurance policy for your staff, there are many types of health plans to choose from. Two popular types of health plans for individuals and employers alike are a health maintenance organization (HMO) policy and a preferred provider organization (PPO) plan.
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