Wed.Aug 07, 2024

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Does an HRA Roll Over: What You Need to Know

PeopleKeep

Health reimbursement arrangements (HRAs) are flexible and personalized health benefits that employers offer their employees to cover the cost of health insurance premiums and out-of-pocket medical expenses. HRAs are popular because they give employees more control over their healthcare decisions and help employers save money compared to group coverage.

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10 Best Skills Tracking & Management Software 2024

HR Lineup

In today’s fast-paced and dynamic work environment, organizations need to stay on top of their employees’ skills and development to maintain a competitive edge. Skills tracking and management software plays a crucial role in identifying skills gaps, planning training programs, and ensuring employees are well-equipped to meet the demands of their roles.

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Holistic healthcare benefits can cut down surgery spend

Employee Benefit News

Quantum Health and Carrum Health are working together to improve health outcomes while reducing unnecessary costs.

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Empowering CIOs: Leveraging HCM Platforms for Enhanced Data Security and Privacy

Darwinbox

Data, the gold of the 21st century IBM’s Cost of a Data Breach Report 2023 highlights that the average cost of a data breach soared to USD 4.45 million in 2023. The costs of data breaches vary across industries and countries. Some are more prone to data and cyber threats than others; the earlier quoted IBM research identified the US as the country with the highest cost of data breaches, with losses totalling USD 9.48 million in 2023.

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Navigating Payroll Compliance: Future-Proofing Payroll in an Evolving Regulatory Landscape

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.

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Giving birth, then back to work: The LGBTQ experience

Employee Benefit News

Tanner Brunsdale from Lyft shares his experience both as a father utilizing non-traditional family building benefits and as an executive working to make those same benefits equitable and accessible to all.

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Why everyone should learn how to code

Employee Benefit News

Even project managers and educators could benefit from better understanding of the subject, according to an expert.

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Navigating UAE Employment Law: An Essential Guide for Employers and Employees

Darwinbox

I. Introduction to UAE Employment Law The UAE's new labor legislation, implemented in February 2022, makes significant modifications to the preceding Federal legislation No. 8 of 1980. This significant update intends to address the evolving needs of the modern workforce and the economic environment of the UAE, specifically focusing on private sector companies incorporated on the mainland.

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Psychological safety is key for a supportive and productive workplace

Employee Benefit News

A supportive workplace significantly boosts productivity, reduces turnover rates, and fosters a culture of trust and inclusivity.

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Maximizing ROI with HRMS: A Comprehensive Guide

Darwinbox

I. Introduction In the digital era, the effectiveness of an organization is closely tied to the efficiency of its HR management. Businesses are increasingly using advanced technology to streamline their HR operations. At the forefront of this transformation is Human Resource Management Systems (HRMS) leading the way. An HRMS is more than just an automation tool; it is an asset that helps the HR department align with broader business goals, boosting productivity and promoting a culture of engagem

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Where You Can and Absolutely Cannot Cut Costs Corners in Benefits Administration

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.

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"PayTalk" Podcast Explores Happiness Through Certification

PayrollOrg

PayrollOrg’s most recent “PayTalk” Podcast® episode, released August 2, provides insight on how (and why) it’s important to challenge yourself through certification, and how doing so builds confidence and shows credibility and mastery in your career. Be sure to subscribe to “PayTalk” on your favorite podcast app so you don’t miss a single episode.

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Virtual card rebates: How they can save your business money

WEX Inc.

Virtual cards are becoming increasingly popular for businesses of all sizes. They offer a secure and convenient way to make payments to suppliers, but did you know they can also help you save money on payment processing costs? How virtual card rebates work Virtual cards work by generating a unique set of numbers for each transaction. These numbers are linked to a specific spending limit and can only be used once.

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Legitimate Power: What is It & How Leaders Should Use It

BetterUp

Have you ever wondered why the president is allowed to live in the White House? Or why does your manager have the right to assign tasks to you? These are both examples of legitimate power. In both instances, their power comes from their position.

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Leadership success: Shift from control to collaboration

Business Management Daily

By Paul Falcone Congratulations on becoming a people manager. Now comes the challenge of transitioning from individual contributor to manager. As you continue your leadership journey, watch out for one behavior that can hold you back from success: control. When transitioning to a leadership role, it’s natural to want to gain control of your team’s work.

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HR’s Blueprint for a Successful 2025

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.

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Women find it more difficult to separate remote work from their family lives

Workplace Insight

Women have much more difficulty separating their working lives and their family lives when they work from home, than men do, according to new research from Durham University Business School. Remote work has often been lauded as a potential solution to gender inequality, given its flexibility, however these findings showcase that personal circumstances still have an effect on women’s careers.

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Dell Job Cuts Announced—Sales Teams Take the Hit as AI Plans Grow

HR Digest

Job cuts at Dell Technologies Inc. are moving forward and the company’s sales team has taken the biggest hit. The company is becoming “leaner,” which means that Dell’s workforce reduction plans are going to affect a significant number of employees. Some sources have put the Dell layoff numbers to be as high as 12,500 employees but that detail has not been confirmed by the company.

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Are reward professionals ready for the 2026 P11D changes?

Employee Benefits

Credit: Hyejin Kang/Shutterstock Need to know: Employers should start planning now for the P11D changes to the reporting and paying of tax and Class 1A national insurance contributions (NICs) on benefits in kind, to ensure a smooth transition to the new system in April 2026. Potential employer costs relating to the changes include updating existing payroll systems to ensure a smooth integration with HM Revenue and Customs and other financial systems, and training or educating staff in the new sy

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How to Close A Cover Letter (With 25+ Eye-Catching Examples)

BetterUp

Jump to section How to close a cover letter the right way Examples of cover letter closings for every occasion 5 dynamic cover letter closing examples Where should you include your contact information?

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7 Common ACA Compliance Pitfalls and How to Avoid Them

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.

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Samantha O’Sullivan: Employers need to prepare for P11D changes

Employee Benefits

It is no surprise the government is mandating the payrolling of benefits in kind (BIK) and expenses, with paper P11D submissions being abolished in April 2023. However, mandating payrolling of BIKs was introduced by a previous government; will Labour agree and pursue an implementation date of April 2026? Employers need to communicate with their employees that pay-as-you-earn (PAYE) income tax will be collected on benefits once payrolling is mandated.

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Sharpening skills: Guide to instrumental leadership excellence

Higginbotham

Instrumental leadership is a strategic, task-oriented approach that can help enhance a team’s efficiency by emphasizing clear goals and the achievement of tasks. Leaders who apply this style have the ability to shape their teams with precision, driving productivity and aligning individual and team objectives with the organization’s broader goals. Understanding Instrumental Leadership Instrumental leadership, also known as task leadership, prioritizes the accomplishment of tasks within establishe

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Jemma Forrest: Domestic violence leave and why it is not coming to the UK

Employee Benefits

Ireland has introduced the right to five days of paid domestic violence leave annually, to help those affected by abuse access the medical visits, legal advice and counselling they may need. It is unusual for Ireland to lead the UK on employment law, but the UK government has since confirmed it will not follow. It believes existing rights, such as annual leave, emergency time off for dependants and flexible working, are sufficient.

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How much is dental insurance?

PeopleKeep

It's essential to recognize the value of offering dental insurance to your employees. Following health benefits, it's the most desired employee benefit you can offer. According to our 2024 Employee Benefits Survey, 91% of employees rated dental insurance as important. As a key component of a comprehensive benefits package, dental insurance contributes to the long-term health and happiness of your team members.

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7 HR Priorities for 2025 to Supercharge Your Employee Experience

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.

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Wilson James and ICTS staff at Gatwick Airport accept pay deals

Employee Benefits

Credit: Pabkov / Shutterstock.com Around 400 Wilson James passenger assistance and 170 ICTS baggage screening workers based at Gatwick Airport have voted for improved pay offers. The Wilson James employees voted in favour of a pay offer worth 10.5%, while the ICTS staff accepted an 11% deal. According to Unite, which represents both sets of workers, they earn just above the minimum wage.

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Walmart and Costco are facing pressure from Christian groups over abortion pill

Employee Benefit News

A group of faith-based investors are warning Costco and Walmart against selling the abortion pill mifepristone.

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Sodexo UK and Ireland receives menopause-friendly accreditation

Employee Benefits

Facilities and property management, catering and food services firm Sodexo UK and Ireland has received menopause-friendly accreditation in recognition of its efforts to foster an inclusive culture. Established by Henpicked: Menopause in the Workplace, the accreditation is awarded to employers who present high standards and proven practices that support the menopause.

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Tips for beginners and the most seasoned HSA investor

WEX Inc.

Are you an HSA investor? If you are, then you have a health savings account (HSA). You’ve heard about its investment potential, and you’ve read that an HSA has retirement-planning perks that a 401(k) and IRA don’t have. And you’re investing to grow your funds so they increase at a much higher rate than they would in an HSA’s cash account. But even the most savvy investors can get more out of their accounts.

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The HR Leader’s Workforce Management Guide

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