Thu.Jun 13, 2024

article thumbnail

Looking Ahead to Your 2024 Tax Return

Money Talk

With the 2023 tax filing deadline in the rear view mirror, now is a good time to look ahead to 2024 taxes that you will owe in April 2025. In a recent article for the Rutgers Cooperative Extension newsletter, VISIONS , I described key features of your tax return to review for future financial planning including income sources, tax write-offs, changes in tax filing status, tax rates and marginal tax brackets, tax withholding, retirement plan contributions, and capital gains and losses.

Taxes 125
article thumbnail

Tough Love?

Florida Workers' Comp

It is intriguing watching from afar the challenges and tribulations of the Californians. No, this does not reference the state's significant budget deficit. California is experiencing a realization that "2022-23 revenue will be $26 billion below budget act estimates." Somehow the realization in 2024 is that revenue last year was low. Some may struggle with how it takes a year to realize you are missing $26 billion.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Case Study Vignette: How One New England Law Firm Helped Eliminate Paperwork in HR, Become More Efficient and Still Improve The Employee Experience

3Sixty Insights

The Problem with Paper Many human resource (HR) departments still deal with the challenge of moving the day-to-day process for engaging employees off traditional and inefficient paper-based approaches to more modern, digital systems. HR, payroll, and benefits professionals often find themselves fighting tides of paperwork that not only slow them down but introduce expensive and difficult-to-remedy errors.

Payroll 129
article thumbnail

Right now, GenAI mostly produces cheap grey goo for a perpetual present

Workplace Insight

I keep hearing that Generative AI will unleash human creativity. Based on the contents of my inbox, I can tell you that is not yet the case. It is increasingly full of GenAI generated press releases and comment pieces that consist of a small amount of gibberish, a larger quantity of stuff that reads likes it’s been written by a non-native speaker, and an even larger amount of bland, clichéd C0nTeNt.

article thumbnail

We’re Here to Help! How to Navigate Your Top HR Priorities

Are you helping your people proactively plan for retirement? How are you prioritizing the mental health of your HR team? These are a few of the questions that HR professionals are seeking answers to today. Luckily, Gallagher’s consultants came together with four robust articles (and one infographic) that help address these pain points and provide you with proactive planning tips to help you simplify, personalize and create flexibility in your benefits offerings to help ensure your people thrive

article thumbnail

Exclusive: Younger staff more likely to prioritise family planning in financial goals

Employee Benefits

Younger employees are increasingly likely to prioritise family planning in their financial goals, according to research by financial education platform provider Nudge. Its annual Global financial wellbeing report, which surveyed more than 11,500 employees globally, including 2,000 in the UK, also found that 66% of UK men aged 25-34 are setting financial goals to start their own family, compared to 62% of women.

Education 111

More Trending

article thumbnail

Team bonding activities: The fast track to team cohesion

Business Management Daily

Team Bonding Activities in a Flash: Quick Solutions for Busy Managers Getting workers together for an activity can boost productivity and team members’ well-being. However, most people already know this—finding time to do it is challenging. In fact, today’s fast-paced work environment leaves little time to mingle with coworkers, and even less time to plan and execute a full-on outing.

article thumbnail

HSA vs. 401k vs. IRA: How do these retirement accounts stack up

WEX Inc.

How is your HSA vs. your 401(k) vs. your IRA shaping up for retirement planning? Retirement planning is a lot easier when you imagine what you want it to be like. As Tori Dunlap of Her First $100K said at HSA Day , “I’ve gotten (millennials) to care because I have them picture 65-year-old them.” Will you retire in Florida, or at a cabin in the woods?

401(k) 96
article thumbnail

Interest in Health Premium Reimbursement Accounts Grows

InterWest Insurance Services

Employer adoption of specialized accounts that they fund to help reimburse employees when they buy health insurance on their own is surging in 2024. The number of employers who offer individual coverage health reimbursement accounts (ICHRAs) grew 30% in 2024 from the year prior, expanding a benefit that provides employers another option than purchasing group health plans for their employees, according to a new report by the HRA Council.

article thumbnail

Terrified of AI? Practical ways to use it at work

Employee Benefit News

The CEO of tech talent network Braintrust offers ways to make AI work in everyone's favor, from interviews to eliminating busy work.

IT 96
article thumbnail

4-Week Roadmap for New Hires

Nearly one-quarter of employees (23%) admit they’ve cried within the first week! Give new hires a positive start with this four-week onboarding roadmap. This schedule outlines all the turns, detours, and speedbumps new hires can expect in their first month. We’ve included suggestions for each week to help you make your new employees’ highway to success an easy road.

article thumbnail

Employer Coverage of GLP-1 Drugs on the Rise

International Foundation of Employee Benefit Plans

New Survey Data Reveals Total Reported Annual Claim Representation for GLP-1 Drugs for Weight Loss Has Increased to Almost Nine Percent A new survey report from the International Foundation of Employee Benefit Plans reveals updated U.S. employer coverage surrounding glucagon-like peptide-1 (GLP-1) […] The post Employer Coverage of GLP-1 Drugs on the Rise appeared first on Word on Benefits.

article thumbnail

Most-read mortgage news you might have missed

Employee Benefit News

From updates in mortgage-related court cases, to developments in AI and policy, here are the most-read stories from National Mortgage News over the past week.

82
article thumbnail

Leveraging Data Analytics for Effective Employee Performance Management

Qandle

In today’s fast-paced business environment, managing employee performance effectively is crucial for organizational success. With the advent of data analytics, Human Resources (HR) departments now have powerful tools at their disposal to enhance performance management processes. Let’s explore how data analytics can revolutionize employee performance management.

article thumbnail

Why paternity leave is a must-have benefit for dads

Employee Benefit News

Paternity leave can improve men's relationships with their families and work, so what's holding employers back?

article thumbnail

Transform Employee Wellbeing and Control Costs Through Data-Driven Strategies

In today's dynamic business environment, HR leaders face immense pressure to optimize costs while maintaining a competitive edge to attract, retain and engage their workforce. Gallagher can help you meet that challenge head-on. Our proprietary data and people analytics platform, Gallagher Drive ® , provides the elevated insights you need to make impactful program decisions that are aligned with your organizational goals and set your strategy up for long-term success.

article thumbnail

Unum UK enhances eldercare support for employees

Employee Benefits

Employee benefits provider Unum UK has rolled out specialist eldercare assistance to enhance its support for carers. Its more than 900 employees will now be able to access comprehensive eldercare support provided by eldercare support organisation Lottie. Via a platform, staff will also be access information and advice on caring for their elder dependents and compare care homes and providers to help find care solutions.

article thumbnail

What's a 'reset room'? How this company is physically supporting their neurodivergent employees

Employee Benefit News

Employers can improve the work experience for the approximate 65 million members of the workforce who identify as neurodivergent.

article thumbnail

Tyler Grange receives living wage employer accreditation

Employee Benefits

Environmental consultancy Tyler Grange has received living wage employer accreditation from the Living Wage Foundation. More than 80 staff employed by the London-based consultancy, which operates a four-day working week, will now be paid a minimum of £13.15 per hour, which is the rate for the capital. This will see employees earn more than £5,000 extra per year than those in receipt of the £11.44 per hour national living wage, which is for workers aged 21 and over.

article thumbnail

Why prioritizing wellness is essential for today's employers

Employee Benefit News

The CEO of a tech-wellness company provides actionable tips for employers to create a safe and comfortable workplace.

article thumbnail

How to Make The Best Benefits Decisions for 2025's Workforce: An HR and Total Rewards Guide

Speaker: Kaitlin Ruby Carroll

Retaining top talent in 2025 means rethinking benefits. In a competitive job market, fertility benefits are more than just offerings - they are a commitment to your team’s well-being. Gain critical insights into the latest fertility benefits strategies that can help position your organization as an industry leader. Our expert will explore the unique advantages and challenges of each model, share success stories from top organizations, and offer practical strategies to make benefits decisions tha

article thumbnail

Prysmian hires new group chief HR and organisation officer

Employee Benefits

Global cabling provider Prysmian has appointed Francesco Tutino group chief HR and organisation officer as of this month. Tutino will oversee all of Prysmian’s HR activities for its more than 30,000 employees across 150 countries. He has more than 20 years of experience in HR and has held leadership positions at several multinational organisations.

article thumbnail

ELB Learning Lectora

HR Lineup

ELB Learning’s Lectora is a comprehensive e-learning authoring tool designed to facilitate the creation of interactive and engaging online courses. Known for its robustness and flexibility, Lectora stands out in the crowded field of e-learning software by offering a suite of features that cater to both novice and experienced instructional designers.

article thumbnail

10 FSA design tips

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 and helping you and your employees save money. But how can you effectively communicate and offer FSAs to your employees? Let’s explore how to offer FSAs at your company, ensuring both compliance and maximum employee engagement.

article thumbnail

EasyGenerator

HR Lineup

EasyGenerator is an intuitive e-learning authoring tool designed to simplify the process of creating online courses. It is aimed at educators, instructional designers, and subject matter experts who seek a user-friendly platform to develop engaging and interactive learning experiences without the need for advanced technical skills. Launched in 2013, EasyGenerator has since become a popular choice for organizations and individuals looking to streamline their e-learning content creation.

article thumbnail

Reduce Bias in Hiring: Structured Interview Questions for Employers

Structured interview questions are a valuable tool for reducing bias in hiring. They help: Ensure all candidates are asked the same questions in the same way Level the playing field so all candidates have a fair chance of being successful Improve credibility, reliability, and validity Download the guide to get the most out of your interview questions!

article thumbnail

Why you need to use virtual cards to cut down your businesses costs

WEX Inc.

Streamlining accounts payable (AP) processes is a critical strategy to optimize operational costs. Traditional methods, reliant on checks and physical cards, often have hidden expenses associated with manual tasks, fraud vulnerability, and delayed payments. Virtual card cost emerges as a powerful solution, making up an estimate of 50% of all B2B payments in the next decade.

Taxes 52
article thumbnail

Gomo Learning

HR Lineup

Gomo Learning is an innovative eLearning authoring tool designed to simplify and enhance the creation of engaging, interactive online learning content. This cloud-based platform is tailored for organizations seeking to develop and deliver high-quality training and educational materials efficiently, without requiring extensive technical expertise. Key Features 1.

article thumbnail

Family Comes First—Citi’s Parental Leave Policy Sets the Standard

HR Digest

Citi’s parental leave policy has restarted the discussion around parental leave within the workplace, establishing the standards for the kind of accommodations employees can expect. The Citi leave policy update sent out to employees states that all new parents will have 16 weeks of paid leave to care for their kids and an additional 8 weeks will be available for birth parents to recover from the process.

article thumbnail

DominKnow

HR Lineup

DominKnow is a comprehensive eLearning authoring and content management platform designed to help organizations create, manage, and distribute training content efficiently. Established as a robust solution for modern learning needs, dominKnow offers a suite of tools that cater to the diverse requirements of instructional designers, eLearning developers, and training professionals.

article thumbnail

The Diversity Reckoning: Can HR Survive Without New Perspectives?

Speaker: Jeremy York

2024 has tested every organization, and 2025 promises no less - the warning signs are everywhere. If you’re relying on superficial approaches to diversity, you might find yourself scrambling to catch up. Thought diversity - the fuel for new ideas, fresh perspectives, and disruptive innovation - is more than a buzzword. It's a survival strategy. And if you’re not building it into your workplace culture right now , you’re heading for trouble.