Thu.Oct 10, 2024

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Social Security Wage Base Increases to $176,100 for 2025

PayrollOrg

On October 10, the Social Security Administration announced that the 2025 social security wage base will be $176,100, an increase of $7,500 from $168,600 in 2024.

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Financial Planning for Longevity

Money Talk

Longevity risk is the possibility of living longer than expected and having adequate income/assets for an extended period of retirement. I recently attended a webinar that predicted future life expectancy will increase due to medical technology advances such as CRISPR (modifying DNA). The webinar also noted that many older adults no longer follow a linear lifeline (birth-school-work-retire-die) but, rather, a cyclical lifeline.

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Striking the delicate balance of AI regulation and innovation

Workplace Insight

As AI continues to advance, navigating the balance between regulation and innovation will have a huge impact on how successful the technology can be. The EU AI Act came into force this summer, which is a move in the right direction towards classifying AI risk. At the same time, the Labour government has set out its intention to focus on the role of technology and innovation as key drivers for the UK economy.

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The Virtual Reality

Florida Workers' Comp

The world went crazy a few years ago. We all lived through the greatest disruption (yet) of the 21st century. A virus broke on the scene and the world of work was upended in many locales, perspectives, and worlds. Before this, we had all heard of the lucky ones who worked from home. But in SARS-CoV-2, a great many got to escape to their bat caves. While the OJCC never shuttered, never stopped, and never failed, a great many businesses and government agencies did all three.

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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

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Why employers should add SAFE leave to their PTO options

Employee Benefit News

Companies should consider offering paid leave for employees who are victims of domestic violence and other serious crimes.

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Creating the right environment for your working parents

Employee Benefit News

Knowing what matters to employees, along with the right benefits, go a long way in encouraging moms and dads to stay.

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Exclusive: Embracing vulnerability can bring strength

Employee Benefits

Employee Benefits Live 2024: Breaking boundaries means living your true, vulnerable self and recognising your strengths and weaknesses , said Natalie Jutla, employee benefits and employee financial wellbeing lead, Department for environment, food and rural affairs (Defra). In the closing keynote on Day Two of Employee Benefits Live, Jutla drew on her personal experiences to illustrate how breaking boundaries enables people to achieve their dreams.

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Beyond diversity: The science of inclusion and equity for business success

Employee Benefit News

Ongoing efforts to make the workplace a psychologically safe, supportive environment is key to the engagement of workers.

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How you can help us to understand and shape the future of office design in Europe

Workplace Insight

After four years, The Great Workplace Conversation continues apace as we try to understand the threats and opportunities presented by the shift in the way we think about the way we work in the wake of the pandemic. Now you can help us to understand the forces at work in this shift by taking part in a short survey we have developed in partnership with our friends at the Workspace Design Show.

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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.

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US jobless claims soar to year high, hit by Helene and auto cuts

Employee Benefit News

The devastation caused by the hurricane, along with layoffs, have largely contributed to the jump.

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Stop these bad habits to help drive your business forward

Insperity

What do milestones, fresh starts, and new goals have in common? They’re all part of moments when we step back, reflect, and refocus on what matters most. Whether it’s a major project, a new quarter, or simply a time of transition, these moments offer a valuable opportunity to reset and align our goals for success. But what about your business? Just like in your personal life, it’s essential to give your business that same chance to pause and realign.

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Government introduces Employment Rights Bill

Employee Benefits

The government has introduced the Employment Rights Bill, which will see 28 employment reforms, including ending zero hours contracts and installing the right to a guaranteed hours contract if employees work regular hours over a defined period, giving earnings security. It will also end fire-and-rehire practices and remove existing two-year qualifying period for protections from unfair dismissal to give greater protections from day one.

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Top 10 Employee Appreciation Messages

HR Lineup

In any business, employees are its greatest asset. Recognizing their hard work and dedication through employee appreciation messages can boost morale, increase productivity, and strengthen workplace relationships. Simple yet meaningful words of acknowledgment can go a long way in creating a positive workplace culture. In this article, we’ll explore the top 10 employee appreciation messages you can use to express gratitude, backed by the benefits of why employee recognition is essential for

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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.

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Exclusive: Interlinking financial, mental and physical wellbeing can ensure support is well-rounded

Employee Benefits

Employee Benefits Live 2024: It is beneficial to ensure financial, mental and physical wellbeing are all interlinked in order for employers to offer a range of appropriate employee support, according to Wolseley and The Big Word Group. During a session titled The holy trinity of financial, mental and physical wellbeing on the second day of Employee Benefits Live 2024, Ant Donaldson, reward manager – benefits at Wolseley (pictured above) and Chris Whiting, global head of people and talent at The

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What Corporates Can Learn from the Best U.S. City for Mental Health

Pacific Prime

Coworking Cafe’s ranking of best U.S. cities for mental health and work-life balance revealed several factors of mental wellness that companies could target when considering employee benefits such as flexible work plans, commute time, and access to recreational amenities and green spaces. Not every aspect of a city’s mental wellness factor can be replicated in.

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Employee feedback helps inform Eden Hotel Collection’s benefits strategy

Employee Benefits

Eden Hotel Collection operates five luxury hotels in the Midlands and south of England. Like many in the hospitality industry, it found itself having to recruit rapidly after staff departures during the Covid-19 pandemic, while the ongoing impact of Brexit also meant there were fewer overseas people looking for work. For Lisa Redding, group people director, who has been with the business since 2018, this was the start of a process of reviewing the benefits offering.

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5 tips to boost your construction company’s bottom line

WEX Inc.

In the construction industry, managing payments well is essential for keeping projects on track and staying profitable. Companies need to find ways to save time and money while ensuring their payment processes are smooth. Using digital payment solutions * can help solve these problems by improving cash flow and offering revenue-generating opportunities.

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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

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Arkansas Court Rejects Use of “Going and Coming” Rule in Tort Case

The Workcomp Writer

Yesterday, in Skala v. Comfort Sys. USA, Inc. Comfort Sys. USA Ark., Inc. , 2024 Ark. App. LEXIS 522 (Oct. 9, 2024), the Arkansas Court of Appeals reversed a circuit court’s grant of summary judgment in favor of a corporate defendant (employer) where the trial court had borrowed and applied the workers’ compensation “going and coming” rule to a negligence case.

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Pluxee UK Answers the Question: Why Are EAPs Beneficial to Employees?

Employee Benefits

We’re on a mission to explore the best employee benefits, so discussing our Employee Assistance Programme (EAP) is a must. An EAP benefits your employees and business in many ways, from providing self-care and prevention tools to confidential BACP-accredited counsellors and in-the-moment crisis support. Read on to explore EAP employee benefits and what they can do for your people and business.

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Let’s Work Out How to Reduce the Likelihood of Workplace Insubordination

HR Digest

Reversing the effect of workplace insubordination is much harder than preventing it from occurring in the first place. Reducing the chances of workplace insubordination may feel like an unnecessary precaution, but when cases do sporadically come up, putting things back in order can take up a lot of resources, leaving behind some creases that are hard to iron out completely.

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Designing an Effective Total Compensation Report: Sample Templates and Tips

COMPackage

In today’s competitive business landscape, offering competitive compensation packages is essential to attract and retain top talent. However, simply providing a salary is no longer enough. Employees want to understand the full value of their compensation, including both direct pay and indirect benefits. This is where Total Compensation Reports (TCRs) come into play.

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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!

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Flat Affect: Symptoms, Causes, And Treatment Options

BetterUp

Jump to section What is flat affect? Flat affect symptoms What causes flat affect?

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Support for Members Affected by Severe Weather

Employer Connection

In the aftermath of hurricanes Milton and Helene, we are sharing information about the support we provide members affected by severe weather. Click here.

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2024 Mental Health Trends: Leading Change Through Preventive Action

International Foundation of Employee Benefit Plans

Today is World Mental Health Day, a time to recognize the importance of mental health and to reaffirm commitments to improving mental health through education, awareness and advocacy. Many plan sponsors look toward mental health trends to stay informed on strategies for […] The post 2024 Mental Health Trends: Leading Change Through Preventive Action appeared first on Word on Benefits.

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2024 Final Mental Health Parity Regulations: First Impressions

McDermott Will & Emery Employee Benefits

Alden Bianchi, Jake Mattinson, and Sarah Raaii recently authored an article in ALM Benefits Pro commenting on the final Mental Health Parity and Addiction Equity Act (MHPAEA) regulations issued last month by the Biden administration.

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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.