Tue.Jul 09, 2024

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It’s July. Have you performed an HSA midyear check-in?

WEX Inc.

Does your health savings account (HSA) have enough funds to carry you through the second half of the year? And, if it does, is there more you could be doing to grow those funds? We’ve broken down how to know if you’re contributing enough to your HSA to cover costs for the entire year and whether or not you should invest with extra funds. Perform your HSA midyear check!

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Why unions are becoming increasingly popular among hourly workers

Employee Benefit News

According to Legion Technologies, 28% of workers wish there had been unionization efforts at their company last year — here's why.

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Repayment of Benefits

Florida Workers' Comp

A recent NBC News report highlighted the interaction between a RIF and Veteran's Administration benefits. The expose is fascinating and illustrates the interaction and interpretation of law. In many contexts, statutes create and define government authority and govern the rights and obligations of individuals and other entities. It is intriguing to consider those statutes and their impacts.

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14 Amazing Benefits of Employee Retention for Business Success

Vantage Circle

Have you ever wondered why employees keep leaving despite the company’s best efforts to retain them? This challenge is more common than you might think, and it highlights the importance of understanding the benefits of employee retention in today's business environment. Companies with high retention rates enjoy a plethora of advantages, from substantial cost savings to enhanced productivity and a stronger company culture.

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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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Unlocking family fitness: How extending wellness benefits boosts well-being for all

Employee Benefit News

An expert from LifeSpeak offers a list of family-friendly activities that can get employees motivated and healthy long term.

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Three DOL Developments for Retirement Plan Sponsors

International Foundation of Employee Benefit Plans

So far in 2024, the Department of Labor (DOL) has released proposals for plan administrators to populate a missing participant database and automatic portability of retirement plan accruals when employees change jobs. The DOL also finalized a retirement security rule package and […] The post Three DOL Developments for Retirement Plan Sponsors appeared first on Word on Benefits.

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How EY supports parents beyond maternity leave

Employee Benefit News

Alice Potts, experience manager at EY, shares how her company's benefits helped her career and family prosper.

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Changes Coming to Electronics, Dual-Wage Class Codes

InterWest Insurance Services

California Insurance Commissioner Ricardo Lara on May 31 approved all of the Workers’ Compensation Insurance Rating Bureau’s recommended changes to class codes for some electronics manufacturing sectors, as well as increases to the wage thresholds for construction industry dual classifications. The following changes will take effect for policies incepting on or after Sept. 1, 2024: Electronics manufacturing industry One of the changes links two more classes to the 8874 companion clas

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This construction company is on a mission to destigmatize mental health

Employee Benefit News

White Cap is combatting the damaging idea that silence equals strength with a mental health ERG and public campaign.

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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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42% of employees receive regular recognition from chief executive officers

Employee Benefits

Despite 70% of employees highlighting the importance of recognition , just 42% have received regular recognition from their chief executive officers (CEOs), according to research by Boostworks. The employee reward and recognition, benefits delivery and wellbeing provider’s white paper The heart of workplace engagement, which surveyed 3,000 UK HR professionals, C-suite leaders and employees, also found that 81% of HR professional respondents resonated with the need for emotional bonds thr

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10 skills recruiters want to see on your resume

Employee Benefit News

Employers are shifting their focus to skills, rather than educational background, to secure top talent.

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82% of employers have employee assistance programme take-up between 0-25%

Employee Benefits

Employee Benefits poll: Four-fifths (82%) of organisations have a take-up rate of between 0-25% for their employee assistance programme (EAP), according to a survey of Employee Benefits readers. Meanwhile, just 15% of respondents said employee take-up of their EAP sits between 26-50%, while 3% answered that it was between 51-75%. No respondents reported take-up between 76-100%.

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Public sector hiring heats up as private job growth cools

Employee Benefit News

U.S. states and cities added about 65,000 jobs last month as the private sector market slows.

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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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OCS Group workers based at Edinburgh Airport accept 11.9% wage increase

Employee Benefits

Credit: Serge Cornu / Shutterstock.com More than 100 workers employed by facilities services OCS Group at Edinburgh Airport have accepted an 11.9% increase to their basic wages. The employees help airport passengers with reduced mobility issues, including assisting with wheelchairs and ambilift vehicles. Their minimum hourly pay will rise from £10.90 to £12.20 per hour, which is above the real living wage, and will be backdated from 1 January.

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Recording and Key Takeaways: FTC’s Final Noncompete Rule: Developing Your Game Plan

McDermott Will & Emery Employee Benefits

During this recent webinar, McDermott Partners Andrew Liazos, Brian Mead and Heidi Steele discussed what employers should consider in the evolving landscape of noncompete agreements. With the Federal Trade Commission’s Final Rule that would ban noncompetes nationwide set to go into effect on September 4, 2024, assuming pending litigation doesn’t cause any delays, employers will […] The post Recording and Key Takeaways: FTC’s Final Noncompete Rule: Developing Your Game Plan appeared first o

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Time Batching: Guide to Boost Workforce Productivity

HR Lineup

In today’s fast-paced work environment, productivity is a key concern for both employees and employers. One effective method to enhance productivity is time batching. This guide explores what time batching is, how it works, and how it can significantly boost workforce productivity. What is Time Batching? Time batching is a time management technique that involves grouping similar tasks together and completing them in dedicated time blocks.

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Navigating business insurance for clinical trials

Higginbotham

Clinical trials have been fundamental in the advancement of medical science, involving the rigorous testing of new drugs, medical devices and treatments before they are approved for widespread use. However, these trials also have the potential to carry significant risks, not just in terms of scientific failure but also in potential legal and financial exposures.

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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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Act your wage: How young workers are responding to stagnant pay

Business Management Daily

The economy isn’t doing too great and hasn’t been for the last decade. What looked like a strong housing market priced young urban dwellers out of their chance at affordable home ownership. Meanwhile, rent keeps increasing, tossing more money into equity for living spaces they’ll never own. And then there’s the job market. In 2023, layoffs in America more than doubled those of previous years, reaching millions.

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How To Answer 'Tell Us About Yourself' (& Sample Responses)

BetterUp

Jump to section What interviewers are looking for when they say, "tell me about yourself" Tell us about yourself examples: what do the best answers have in common? How to answer "tell us about yourself" questions 3 sample answers for "tell us about yourself Interview prep tips: how to show up as your best self Is discussing your personal life a good idea?

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How streamlined payments processes and comprehensive data analytics helped REPAY offer best-in-class products

WEX Inc.

Long gone are the days when a payment could only be cash passing from hand to hand, a check arriving on your doorstep, or a wire transfer appearing in your bank account. Today there are many more ways to pay and receive payment––faster, safer, more efficient, and more trackable means for businesses and individuals alike. ABC News recently reported that companies that facilitate peer-to-peer payment services now handle an estimated $1 trillion in payments annually.

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Reforming A Work Culture With Powerful Appreciation: Côte Partners with Each Person

Employee Benefits

Cote is taking a powerful step in bettering the lives of a remarkable 3,000 people with the support of Each Person , marking a major milestone in their journey in building a supportive modern workplace. Each Person is thrilled to see 3,000 people receive unmatched recognition for the brilliant team of Côte. The innovative vision of their people manager, Grace Wylde, has truly reformed the way their people can show they value one another and celebrate milestones.

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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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Nebraska High Court Clarifies Employer’s Duty to Pay Some Benefits When Disability is Undisputed

The Workcomp Writer

The Supreme Court of Nebraska recently held that an employer cannot avoid waiting-time penalties by refusing to pay any indemnity benefits when there is no reasonable controversy that the employee has suffered a compensable injury [ Mosher v. Whole Foods Market, Inc. , 317 Neb. 26, 2024 Neb. LEXIS 72 (July 5, 2024). The court emphasized that even when there is a dispute over whether an employee has reached maximum medical improvement (MMI), the employer must still pay benefits that are undispute

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Stop-Loss Statement

Employer Connection

The current self-funded plan design Stop-Loss Statement, formerly Aggregate Claim Liability Statement, is available to view in the Document Center by logging in to the website. Groups will continue to receive a monthly email notifying them that an important document is available for them to view in the Document Center. The Stop-Loss Statement report tracks claims and compares actual claim activity to the aggregate claim liability.

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Celebrating National Park and Recreation Month

eni

July 2024 The post Celebrating National Park and Recreation Month appeared first on eni.

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In Pursuit of Better Pay, Samsung Workers Strike In South Korea

HR Digest

Samsung workers have initiated a strike against their company in protest of its failure to meet their demands for better pay, among other things. The strike has been initiated by the National Samsung Electronics Union, one of the largest unions associated with the company, and it comes after a one-day strike conducted last month failed to push the company to consider their demands.

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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.