Fri.May 10, 2024

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IRS Announces HSA Limits for 2025

PayrollOrg

The IRS announced the 2025 maximum contribution levels for health savings accounts (HSAs) and out-of-pocket spending limits and deductible minimums for high deductible health plans that must be used in conjunction with HSAs.

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44% of staff now prefer hybrid working arrangements

Employee Benefits

Almost half (44%) of employees now prefer hybrid working arrangements over office-based and remote models, according to research by communications agency Marco. Its third annual Global Marco new consumer report , which was conducted in partnership with research technology organisation Cint, and surveyed more than 7,300 participants in Brazil, France, Germany, Italy, Mexico, Morocco, Portugal, South Africa, Spain, the UK and USA, also found that almost two-thirds (64%) of employees would work for

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2025 HSA contribution limits increase to $4,300, $8,550

WEX Inc.

Key takeaways – 2025 HSA contribution limits 2025 HSA contribution limits will increase to $4,300 and $8,550 for self-only and family HSAs, respectively. 2025 HDHP minimum deductible and maximum out-of-pocket limits also are increasing. Health savings account (HSA) contribution limits are on the rise again in 2025. The IRS announced that 2025 HSA contribution limits will increase to $4,300 for self-only HSAs and to $8,550 for family HSAs.

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New Overtime Rule for 2024: How Will it Affect Your Business?

Patriot Software

Starting in July 2024, four million new workers will become entitled to overtime pay, thanks to the Department of Labor’s (DOL) new overtime rule. What does this DOL overtime rule update mean for your small business? It may mean that you need to change your employees’ classification.

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From Payroll Pains to Growth Gains: Streamlining Payroll & HR for Success

Speaker: Joe Sharpe and James Carlson

In the world of small business management, the challenge of managing payroll & HR efficiently while scaling operations can be overwhelming. Yet, with the right strategies in place, these challenges can become opportunities for growth and innovation. In this session, Joe Sharpe, Senior Director of Managed Payroll Services at IRIS, will reveal practical methods and expert insights for outsourcing and streamlining payroll processes, resulting in substantial time and resource savings.

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Top Strategies to Reduce Employee Turnover in 2024

HR Lineup

Employee turnover continues to pose significant challenges for businesses in 2024, particularly amidst evolving workplace dynamics and shifting employee expectations. High turnover rates can adversely affect organizational performance, morale, and overall productivity. As companies strive to retain top talent and foster a stable workforce environment, implementing effective strategies becomes imperative.

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The top 10 most read articles between 3 – 9 May 2024

Employee Benefits

The top 10 most read articles between 3 – 9 May 2024 on employeebenefits.co.uk were: Tesco and Lidl GB shortlisted for Best healthcare and wellbeing benefits – large employer Sackers launches carer’s leave policy and commits to support neurodiversity Tribunal strikes equal pay from BBC presenter claims Virgin Media O2 rolls out staff volunteering buddy programme to tackle loneliness Southampton City Council to cut redundancy pay 59% of employees have not called in sick when they needed to

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Working moms can do it all — with their employer's help

Employee Benefit News

Whether employees are looking to start a family, or need help with challenging circumstances, these benefits make a difference.

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TikTok video highlights Gen Z employees’ funny out-of-office messages

Employee Benefits

Something for the weekend: Annual leave is an important benefit for all employees, and you might think that there is not much to find funny about it. Well, think again, as a TikTok video made by Oilshore, revealing creative messages from Generation Z employees to let their co-workers know that they are out of the office, has caused some amusement. The @oilshore account’s video includes a variety of honest and satirical messages.

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Why this fintech isn't rushing retirees out the door

Employee Benefit News

Employees unsure about retirement have the option to work part-time and gradually ease into the next phase of their lives.

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Plant the Seed for Successful Onboarding!

Our Free Welcome Email Templates (designed for both in-office or virtual employees) are ready for you to customize and use to plant the seeds of success for new team members.

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Personal Group introduces paid carer’s leave

Employee Benefits

Workplace benefits and services provider Personal Group has launched a paid carer’s leave policy to reflect its ongoing commitment to prioritising the health and wellbeing of its 266 employees. Under the organisation’s new policy, which it has affectionately named Marie Carey’s carers policy after a long-serving employee advocated for the requirement due to her own challenging circumstances, caregivers will be entitled to up to five days of paid leave within a rolling 12-month period from day on

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Win Fertility's CEO shares why IVF benefits are here to stay

Employee Benefit News

Dr. Roger Shedlin, CEO of WIN Fertility, explains how employers can expand their fertility benefits in today's political climate.

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Lidl GB to increase pay for UK hourly-paid employees

Employee Benefits

Supermarket chain Lidl GB is to increase pay for its UK hourly-paid employees from 1 June. The organisation, which has more than 32,000 employees in Britain, will increase pay from £12 an hour to a minimum of £12.40 for staff based outside of London. Employees based in London will see their entry level pay rise from £13.55 to £13.65. Lidl GB’s hourly pay rates also increase with length of service, reaching £13 per hour nationally and £14 an hour within London.

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Seven ways HR teams can manage stress in the workplace - Ciphr

cipHR

Stress is, unfortunately, part and parcel of working life – but there are steps you as an HR professional can take to mitigate its impact on the employees in your organisation and reduce the amount of stress they face at work.

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Engage, Empower, Excel: Transforming Performance in the New Era of Work

Speaker: Radhika Samant and Adri Glover

The world of work has fundamentally changed. The series of waves that the pandemic began have rippled through the Great Resignation, quiet quitting, the Great Regret, and other eloquent phrases that boil down to the same thing: people aren’t engaged at work or enabled to perform at their best. The truth is that engagement and enablement is more important than ever, but how we do it is the critical differentiator for many organizations.

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Samantha Dickinson: How to build and support a healthy workforce

Employee Benefits

Stress is an inevitable part of life. In the workplace it can build resilience, pushing individuals to adapt and perform under pressure, which leads to personal growth. However, when stress becomes overwhelming it leads to decreased productivity, burnout and debilitating health problems. Recognising and managing employee stress levels is crucial for maintaining good staff wellbeing and productivity.

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Continue Your Total Payroll Transformation at Virtual Congress

APA Congress Today

The 42nd Annual Payroll Congress may be over, but your “Total Payroll Transformation” doesn’t have to end just yet. Continue your journey with PayrollOrg’s Virtual Congress & Expo 2024 , which takes place July 10-11.

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Can You Fire an Employee for Protesting?

BerniePortal

49 out of 50 states in the U.S., all but Montana, follow at-will employment , so if you’re employed in the U.S. you’re probably an at-will employee. At-will employment means that the relationship between the employer and employee is entirely voluntary and can be terminated at any time. Because there is no employment contract , employees can be fired for pretty much any reason not considered wrongful termination , and they can also leave an employer for any reason.

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Submit Your Workshop Ideas for 2025 Payroll Congress

APA Congress Today

Showcase your experience and expertise at the premier event attracting more than 1,500 professionals in areas such as payroll, accounts payable, HR, and finance. Don't miss the opportunity to submit multiple workshop proposals for PayrollOrg’s 2025 Payroll Congress lineup and join more than 100 top-notch speakers in Orlando next year.

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How to Increase Diversity in Your Workforce Through AI Technology

Diversity and inclusion are crucial for building a strong and innovative workforce. Discover how AI technology can revolutionize your hiring process and drive diversity in your organization. Explore over 10 ways AI recruiting tools can help you identify a wider pool of candidates, enhance communication strategies, and eliminate unconscious bias. Embrace the future of recruitment and create a more diverse and inclusive workplace with AI technology.

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IRS Announces HSA and HDHP Limits for 2025

BerniePortal

The IRS announced in May of 2024 the updated HSA contribution limits for 2025, which take effect in January 2025. The increase is not as significant as the jump between 2023 and 2024's contribution limits , but it still creates opportunities for employers to reconsider their contribution amounts and grants HR the chance to remind employees to contribute as they plan for the enrollment process.

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Sad to ‘C’ You Go

APA Congress Today

Congratulations to the Payroll Congress attendees who thwarted our clandestine efforts and found the hidden Payroll Congress “C” icons during this year’s Congress Today Online magazine contest.

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Putting Your Best Foot Forward—Understanding Phone Screen Interviews

HR Digest

A phone screen interview is perhaps one of the simpler parts of the interviewing process when you apply for a new job, but it is also your first chance to make an impression on an interviewer. The phone interview process happens quickly and only lasts for a few heartbeats, or up to 30 minutes at most, but the quality of the conversation determines whether the interviewer will give you a real shot at applying for the job.

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AI Report on Payroll Processing Issued by PayrollOrg

APA Congress Today

PayrollOrg’s Government Relations Task Force seeks to better understand artificial intelligence (AI) and payroll impacts in the context of government interest. The GRTF report, “ Artificial Intelligence in Payroll Operations ,” published in April 2024, provides an overview of how AI can be used in payroll management with a discussion on the important concerns and questions that should be addressed.

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How To Empower Your Workforce With Modern Fertility Benefits

Speaker: Andrea Wuchiski

In an era where a workforce spans multiple generations, HR managers and Total Rewards leaders face the unique challenge of designing benefits packages that cater to diverse employee needs. This session will delve into how comprehensive fertility benefits can bridge generational gaps, support employees’ health, and enhance workplace satisfaction. Join us for an insightful session that highlights the strategic importance of fertility benefits in today’s competitive job market.

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B Braun Medical names new HR director

Employee Benefits

Medical technology firm B Braun Medical has appointed Helene Ghosh HR director to strengthen its senior leadership team. Within this role, Ghosh will actively engage with various departments, finalising the HR strategy, and empowering leaders to drive positive change. She will streamline processes, enhance digital tools, and champion diversity and inclusion initiatives to create a more inclusive workplace culture.

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Leadership Excellence Series Has the Touch

APA Congress Today

Transformation sweeps through the payroll industry. Artificial intelligence (AI), robotic process automation (RPA), and other technological developments streamline processes, enabling payroll professionals to take on a more strategic role. Far from merely a back-office function, payroll stands poised to drive business growth.

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How to deal with a micromanager and avoid becoming one

Business Management Daily

Regularly convene knowledge-sharing sessions to ensure your team aligns with your expectations for quality and customer service. This fosters trust and empowers your team to excel. Regularly convene knowledge-sharing sessions to ensure your team aligns with your expectations for quality and customer service. This fosters trust and empowers your team to excel.

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Help Promote Payroll With the NPW Survey

APA Congress Today

Help spread the word about National Payroll Week ® (NPW) and encourage colleagues, friends, and family to take the " Getting Paid In America " survey. NPW’s annual survey provides essential information to place payroll-related topics in the news and helps influence payroll’s future by gauging public opinion on a variety of payroll topics.

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Interview Scorecard Free Downloadable Template

Making effective hiring decisions can be challenging, but with a standardized evaluation process, you can improve your chances of finding the ideal candidate every time. Discover the benefits of using interview scorecards to assess and compare candidates, ensuring fair and consistent evaluations. Our free interview scorecard template allows you to customize criteria and track candidate progress, helping you make informed hiring decisions.