Money Talk
FEBRUARY 1, 2024
Many people think you need to earn a high salary (e.g., $100,000+) to become a millionaire. In reality, many people of ordinary means (i.e., middle-income earners like teachers and police) become wealthy over time and achieve a net worth (assets minus debts) of $1million or more. A key factor in their success is financial capability, which includes financial knowledge, decision-making skills, and habits.
Employee Benefit News
FEBRUARY 1, 2024
As more employees become caregivers, access to the right kind of employer support is crucial.
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McDermott Will & Emery Employee Benefits
FEBRUARY 1, 2024
Comments submitted in response to the proposed regulations under the Mental Health Parity and Addiction Equity Act (MHPAEA) reflect a broad range of perspectives. Our previous MHPAEA content is available here. A nontrivial subset of the comments single out a particular nonqualified treatment limitation (NQTL) for special treatment or scrutiny. An example of this trend is […] The post The MHPAEA Proposed Rule: Standards of Care and Medical Necessity appeared first on EMPLOYEE BENEFITS BLOG.
PayrollOrg
FEBRUARY 1, 2024
In this February 2024 edition of Compliance TV: DOL issues final FLSA Worker Classification Rule; DOL, IRS issue guidance on new Emergency Savings Accounts; and more.
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.
BerniePortal
FEBRUARY 1, 2024
The FLSA 2021 IC rule defined “employer” and “employee”, but failed to provide clear definitions of independent contractors and employer-employee relationships. In Rutherford Food Corp v. McComb , the Supreme Court recognized that “there is in the [FLSA] no definition that solves problems as to the limits of the employer-employee relationship under the Act.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
International Foundation of Employee Benefit Plans
FEBRUARY 1, 2024
Do you know the leading cause of death in the United States? If you said heart disease, you’d be correct. Heart disease has been the #1 cause of death in the U.S. for over a century, and nearly half of all people […] The post Creating a Heart-Healthy Culture for Yourself and Your Workforce appeared first on Word on Benefits.
Employee Benefit News
FEBRUARY 1, 2024
Focusing on preventive care like proper nutrition, exercise and sleep habits is an actionable way for employers to address women's health.
Florida Workers' Comp
FEBRUARY 1, 2024
The Alabama Daily News brings word of an Alabama judge who has been "arrested (and) charged with using office for personal gain. I cringe at such headlines. However, in any example of alleged wrongdoing or misfeasance, there are potentials for us all to learn a bit or be reminded of the lines. And, coincidentally, the story is all about "self," Judge Self, that is.
Employee Benefit News
FEBRUARY 1, 2024
A recent study shed some light on how business owners from underserved communities are improving diversity efforts across the board.
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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.
InterWest Insurance Services
FEBRUARY 1, 2024
The Centers for Medicare and Medicaid Services has published a final rule aimed at improving how prior authorizations are handled by health insurers. The measure primarily limits the time insurers have to approve or deny requests. In addressing wait times for prior approvals, the CMS is targeting an issue that’s become a problem for some patients whose health can deteriorate while waiting for their doctor’s request for service to be approved.
Employee Benefit News
FEBRUARY 1, 2024
Workers are seeing a gap between job market projections and the reality of finding a good, stable position.
Employee Benefits
FEBRUARY 1, 2024
Credit: Brian Slater Trade union Equity and independent performing arts management association Independent Theatre Council (ITC) have agreed to a pay rise and improved financial provisions as part of a new three-year agreement. The Ethical Manager Agreement 2024-2027, which applies to performers, stage management and choreographers in the independent performing arts sector, will see the minimum weekly and daily rate rise by 5% every year during the agreement’s length.
Employee Benefit News
FEBRUARY 1, 2024
Lina Bond Edwards, partner at RumbergerKirk, breaks down the Biden administration's revised worker classification rule.
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.
Workplace Insight
FEBRUARY 1, 2024
A while ago, Antony Slumbers asked me why I thought firms had never done anything much about the underutilisation of their offices. This was in the first throes of lockdown-driven remote work hysteria, prompted by one of those headlines about how offices being half empty was some signifier of hatred for them. This ignored the fact office had been half empty, or perhaps more accurately over a third empty, for at least the previous thirty years.
HR Lineup
FEBRUARY 1, 2024
In the dynamic landscape of human resources, managing compensation is a crucial aspect that directly impacts an organization’s ability to attract, retain, and motivate employees. Compensation goes beyond just the salary paid to employees and includes various elements designed to reward and recognize their contributions. In this comprehensive guide, we will delve into the intricate world of compensation, exploring both direct and indirect compensation and categorizing the various components
BetterUp
FEBRUARY 1, 2024
Jump to section What’s an extrovert?
Workplace Insight
FEBRUARY 1, 2024
More than a million women mask period sick days each year because they feel unable to tell their boss the true reason for their absence. The latest research revealed in the Bupa Wellbeing Index , shows that one in eight (13 percent) women have taken time off work in the last 12 months due to symptoms linked to periods, with a third (35 percent) gave a different reason when requesting the time away.
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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.
Business Management Daily
FEBRUARY 1, 2024
In today’s business environment, HR leaders must strategically position their organizations to attract and retain top talent while achieving operational goals. The Gartner business advisory firm says these are the most significant trends HR professionals must be prepared to embrace this year. 1. Helping cover the costs of returning to the office Employees who once worked remotely are acutely aware of the costs associated with going to the office.
Workplace Insight
FEBRUARY 1, 2024
Organisations cannot afford to neglect or pay lip service to employee morale if they want to retain talent, according to new research from MHR [registration]. In its latest Employee Experience report – which identifies employee wellbeing as a huge component of morale – MHR reveals that 75 percent of organisations fail to regularly check in on employee needs and attitudes, for example through satisfaction surveys.
Employee Benefits
FEBRUARY 1, 2024
Global advertising agency Mother has named Alex Morris-Platt as its first chief people officer as part of its goal of being considered one of the best places in the world to work. In the newly created role, Morris-Platt will lead the people and talent teams to deliver innovative and responsive programmes, with the overall aim to attract, grow and retain the world’s best creative talent.
Workplace Insight
FEBRUARY 1, 2024
New research investigating how cost of living pressures are impacting the workforce has found that three quarters (74 percent) of HR leaders fear the cost of living crisis is affecting employee performance. In the survey of 500 UK HR Directors, carried out by Nous.co , a third (34 percent) of HR leaders said they’d noticed a drop in productivity due to employees having other things on their minds.
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.
Employee Benefits
FEBRUARY 1, 2024
Credit: eyematter / Shutterstock.com Retailer Wickes has published its first ethnicity pay gap report, with its mean ethnicity pay gap for 2023 standing at 0.04%. Its median ethnicity pay gap was -0.74%, while its mean ethnicity bonus pay gap was 13.9% and its median was 27%. A total of 96% of white employees and 95% of ethnic minorities received a bonus in 2023.
Workplace Insight
FEBRUARY 1, 2024
Seven in ten employees (67 percent full time and 69 percent part time) say that they feel the need to put a brave face on things when asked about their mental health. Half (47 percent full time and 54 percent part time) report that the reason is because bigger things are going on in the world right now and they don’t wish to be a burden, whilst a quarter of full time employees (27 percent) and a third of part time employees (35 percent) don’t believe that people really want to know how the
Employee Benefits
FEBRUARY 1, 2024
Does recognition fall under compensation or benefits? In my organisation, it sits in compensation, so I thought I was safe from getting involved in the new platform. I have been watching with interest as communications go out promising a new, exciting platform in a matter of weeks. I should have known something was up when Big Bad Boss puts in a random meeting without any subject.
Workplace Insight
FEBRUARY 1, 2024
The Royal Institute of British Architects (RIBA) has published its Smart Building Overlay to the RIBA Plan of Work. Developed with ScanTech Digital , Glider Technology , Kier and Hoare Lea , RIBA says this free resource will support anyone involved in the design of newbuild, retrofit or refurbishment projects to implement smart building technology. The Smart Building Overlay introduces smart building terminology and outlines the benefits of embedding smart building technology from the outset.
Advertiser: Paycor
In today’s fast-paced business world, effective workforce management (WFM) isn’t just an option—it’s a necessity.
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