International Foundation of Employee Benefit Plans
NOVEMBER 5, 2024
This election day, you might be heading to the polls or have voted already (I’m looking forward to getting fewer random texts and mailers, that’s for sure!). Regardless of the outcome, the next administration will likely impact many areas, including employee benefits. Here’s […] The post Your Election Watchlist for Benefits appeared first on Word on Benefits.
Employee Benefit News
NOVEMBER 5, 2024
The right setup for compensation should be a top priority for employers, says an expert from ADP.
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PeopleKeep
NOVEMBER 5, 2024
Small employers are increasingly seeking innovative ways to provide their employees with health benefits amid rising health insurance costs. The qualified small employer health reimbursement arrangement (QSEHRA) is a popular solution. These employer-funded plans allow companies to reimburse employees for qualified medical expenses. They provide valuable flexibility and budget control.
Employee Benefit News
NOVEMBER 5, 2024
The three industries with the lowest salary transparency have an average of 83% of job postings that don't list compensation.
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.
InterWest Insurance Services
NOVEMBER 5, 2024
Gov. Gavin Newsom has signed into law a bill that provides a right to paid time off and other protections for employees who are victims of violence, including threats, assaults, stalking and domestic abuse. AB 2499 makes significant changes to California’s “jury, court and victim time off” law by expanding instances when a victim of a “qualifying act of violence” can take time off, and provides protections against retaliation for taking that paid time off.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
3Sixty Insights
NOVEMBER 5, 2024
What You Need to Know Varying standards have been established as the world of software solutions develops, particularly for businesses that provide software as a service (SaaS). Some are certification-based and governed by independent organizations, while others originated from state or federal laws. 3Sixty Insights explores one company’s search for benefits administration software that would meet its IT team’s information security requirements.
Employee Benefit News
NOVEMBER 5, 2024
Kindbody and theSkimm partner up, surveying 2,000 Americans on reproductive healthcare's impact on their politics.
COMPackage
NOVEMBER 5, 2024
In today’s talent-driven market, attracting and retaining top performers requires a holistic approach to compensation. Employees increasingly seek a clear understanding of the complete value proposition their employer offers, going beyond just base salary. Total Compensation Reports (TCRs) address this need by providing a transparent breakdown of all compensation elements, empowering employees and fostering a win-win situation for both parties.
Employee Benefit News
NOVEMBER 5, 2024
Polling suggests the presidential race is as close as any in modern history.
Advertiser: Paycor
The right HR metrics can illuminate hidden trends, justify decisions to the C-suite, and give you an edge in this unpredictable economy. Download Paycor’s guide and learn how to calculate your: Cost-per-Hire Total Financial Impact of Absences Voluntary Turnover Rate And more!
CorpStrat
NOVEMBER 5, 2024
As a small business, you’re likely familiar with the challenges of meeting health insurance contribution and participation requirements. Fortunately, there’s a crucial solution available annually—the Special Open Enrollment (SOE) Window. This period, mandated by the Affordable Care Act (ACA), allows Small Group employers to offer medical coverage to employees without needing to meet the usual contribution or participation thresholds.
Abel HR
NOVEMBER 5, 2024
Employee retention is a critical aspect of business success. High turnover rates can lead to increased costs, disrupted productivity, and a loss of valuable knowledge. At Abel HR, we specialize in maximizing employee benefits and ensuring regulatory compliance, allowing you to focus on growing your business. This blog highlights effective employee perks that can enhance your retention efforts and create a more loyal and engaged workforce. 1.
cipHR
NOVEMBER 5, 2024
If you’re considering outsourcing payroll, or if you’re looking for expert outsourced payroll services — these frequently asked questions can help you confidently decide how, why, and whom to outsource your payroll to
McDermott Will & Emery Employee Benefits
NOVEMBER 5, 2024
The Internal Revenue Service (IRS) has announced the cost-of-living adjustments to the applicable dollar limits for various employer-sponsored retirement and welfare plans for 2025. Most of the dollar limits that are subject to adjustment for cost-of-living increases will increase for 2025. The Social Security Administration released separate adjustment amounts.
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.
cipHR
NOVEMBER 5, 2024
Discover the biggest benefits of an integrated HR and payroll system, including greater data accuracy, security, and enhanced reporting
Higginbotham
NOVEMBER 5, 2024
Seasonal employment can be a lifeline for many businesses during peak times, providing the extra hands needed to handle increased demand. However, seasonal hiring raises questions about employment durations, legal obligations and best practices. Employers need to understand relevant regulations to help prevent legal issues and optimize their seasonal workforce.
Proskauer's Employee Benefits & Executive Compensa
NOVEMBER 5, 2024
In October, Institutional Shareholder Services (ISS) released an off-cycle update to its Executive Compensation Policies Frequently Asked Questions (the FAQs), which are available at this link: US-Compensation-Policies-FAQ.pdf (the new questions are highlighted in yellow). As described in more detail below, the updates to the FAQs address ISSs criteria for recognizing robust clawback policies and realizable pay methodology.
HR Digest
NOVEMBER 5, 2024
From a widespread worker strike, to falling share prices, and some planes that whistleblowers claim could “break apart,” Boeing can’t seem to get back on track. The global diversity, equity and inclusion (DEI) department of Boeing has been dissolved. This is part of the revamp happening at the company under Kelly Ortberg, the new CEO of Boeing. (Image Credit: boeing) Boeing U.S.
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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.
Florida Workers' Comp
NOVEMBER 5, 2024
I was honored in October 2024 to present with an exemplary panel of peers at the National Disability and Worker’s Compensation Conference in Las Vegas Nevada. It was an intriguing experience in a couple of perspectives and was most rewarding overall. One intriguing point in the presentation was in the planning. There was no meeting of the five participants (four panelists and a moderator): Stuart Colburn, Hon.
WEX Inc.
NOVEMBER 5, 2024
When employees make a pre-tax election for benefits offered through a Section 125 cafeteria plan, the employee cannot change that election during the plan year unless they experience an event that qualifies as a permissible election change event under the Section 125 rules. For a dependent care flexible spending account (FSA) , the election change rules are a little more flexible than they are for other cafeteria plan benefits.
HR Digest
NOVEMBER 5, 2024
Gen Z are finding their ambitions curbed by the rising cost of living and the expenses of taking on new roles. According to a new report in the UK for the Prince’s Trust annual NatWest Youth Index 2024 , one in ten unemployed Gen Zer have turned down jobs due to the expense associated with it. Over half of the surveyed population who were aged between 16 and 25 said they were worried they’ll never be financially secure.
Business Management Daily
NOVEMBER 5, 2024
Post-pandemic, there’s been an increased focus on internal mobility in organizations. What’s that? Internal mobility refers to existing employees taking on new roles in the same organization. This includes a lot more than just promotions, too. Employees can move vertically and horizontally in an internal mobility program, meaning they may make lateral moves instead of just vertical ones (e.g., promotions).
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.
The Workcomp Writer
NOVEMBER 5, 2024
The Iowa Court of Appeals recently affirmed a workers’ compensation commissioner’s decision awarding death benefits to a surviving spouse, finding substantial evidence supported the commissioner’s determination that the worker’s fatal prescription drug overdose was accidental rather than intentional [ Linnhaven, Inc. v. Blasdell , 2024 Iowa App. LEXIS 787 (Iowa Ct.
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