December, 2022

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These benefits will help HR tackle new (and old) challenges in 2023

Employee Benefit News

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Confessions of a benefits manager: Candid has leadership training

Employee Benefits

I am deeply worried. It might seem a strange thing to get upset about, but I have been put forward for our ‘special’ effective leadership training. There are only two ways to get on the programme: one is to be assessed as high potential , the other is if you are such a bad manager that it is a sort of remedial treatment for poor behaviours. You will know by now that bad management is pretty much normalised in my company, so I think you would have to kill someone to qualify that way.

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3 ways to care for your team’s mental wellbeing this holiday season (and yours too!)

Employee Benefits

Author: Jennifer Gendron – Global Chief Commercial Officer at Koa Health – Employee Mental Health and Wellbeing Solutions. The holidays can feel unduly stressful, as if all of us are rushing so that we can relax. With end-of-year deadlines and other time-sensitive priorities, everyone is trying to push one more deliverable over the finish line to spend quality time with their families.

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How to Surprise Employees on Christmas & New Year?

Empuls

Employees are the elemental force that steers a company to success. It is vital for them to remain happy and satisfied to be productive and focused. Their contribution and efficiency should be recognized and rewarded as this will create affinity, energy, and desire to work harder and perform better. Hard work, performance, achievement, excellence, and other positive traits in your employees must be appreciated.

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Navigating Payroll Compliance: Future-Proofing Payroll in an Evolving Regulatory Landscape

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.

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Six ways to support employees with money worries

Employee Benefits

The current and growing cost of living crisis that’s now impacting so many people across the UK could prove to be even more of a disruptor to employees than the pandemic was. According to our recent survey , over 9 in 10 workers say the cost of living crisis is as worrying or more worrying than the COVID pandemic was. This means businesses who value their people will be wanting to find ways to provide support for workers with financial worries.

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11 Tips for HR Professionals to Successfully Honor the Holidays

Darwinbox

The holiday season can be a challenging time for HR professionals. From managing time-off requests to making sure that all employees feel included and supported during this special time of year, HR departments hold a huge responsibility during the holidays. This article explores 11 tips for HR on managing the holidays successfully.

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3 ways to boost teamwork at your organization

Achievers

Teamwork and collaboration are the foundation of every great company culture, whether your workforce is fully in person, remote, or a combination of the two. There are few feelings like knowing you can rely on your teammates, and there are few things as satisfying as building genuine, lasting connections with them. A team-centered culture where everyone feels like they belong boosts alignment with your company vision and values, keeping everyone in sync as they work together towards a common goa

Health 192
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RMDs: The Mandatory “Flipped Switch”

Money Talk

In my book, Flipping a Switch , I refer to required minimum distributions (RMDs) as “the mandatory flipped switch” (i.e., transition). This is because, unlike many other decisions in later life that involve choices, there is no choice about RMDs. They must begin starting at age 72, unless taxpayers want to pay a hefty 50% tax penalty. In conversations with older adults at classes that I teach, many tell me that RMDs are affecting their income taxes in a big way.

401(k) 186
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Affordable Care Act: Good Data Practices Can Lead to Better Compliance

HR Bartender

Estimated reading time: 5 minutes. (Editor’s Note: Today’s article is brought to you by our friends at ADP , a comprehensive global provider of cloud-based human capital management solutions. Industry analyst firm Nelson Hall recently identified ADP as a leader in both the small and medium business as well as mid to large market segments. Congrats to them!

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Where You Can and Absolutely Cannot Cut Costs Corners in Benefits Administration

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.

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How To Not Let Job Interview Feel Like An Interrogation

HR Digest

I had a job interview one time where the interviewer was nothing like I had expected. She was welcoming and nice, and she had a great smile on her face. It felt so unreal having such an interview and coming across such a great personality. I was amazed, to say the very least. Unfortunately, many of us have had to attend interviews that made us so uncomfortable and it looked like we were in on something other than the job.

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Make retirement plan portability a New Year's resolution

Employee Benefit News

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Hallmark Care Homes unveils £1.3 million winter support package

Employee Benefits

Hallmark Care Homes has invested £1.3 million into a winter support package to help its employees with the cost-of-living crisis. The measures include paying all of its 2,300 members of staff at or above the new rate set by the Living Wage Foundation from today (1 December), ahead of the implementation deadline of 14 May 2023. Living wage salaries have been raised to £10.90 per hour across the UK and £11.95 for those based in London, ensuring that a full-time worker on the UK rate receives more

Salary 116
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IRS Proposed Regulations Would Permanently Allow Remote Witnessing of Spousal Consent

Proskauer's Employee Benefits & Executive Compensa

The IRS issued new proposed regulations that would permanently change the rules that require spousal consent for plan distributions to be signed in the physical presence of a notary or plan representative. Specifically, the proposed regulations would allow plans to accept remote notarization or witnessing by a plan representative if the remote process meets certain standards aimed at ensuring the integrity of the process.

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HR’s Blueprint for a Successful 2025

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.

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Investment Insights for Uncertain Times

Money Talk

The year 2022 has been a time of great uncertainty for investors with periods of extreme volatility (i.e., sharp price movements of securities, both up and down). Times like these are a good time to revisit what we know to be tried and true about investing from decades of investment performance data. This knowledge can help calm frayed nerves and keep investors focused on their long-term goals.

Finance 182
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How to Deal With Rejection: 7 Tips

BetterUp

Jump to section. Why it hurts to be rejected. What are the 5 stages of rejection? How to deal with rejection. You have work to do.

IT 112
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7 Signs of a Good Manager

HR Digest

A good manager is a great asset to both an organization and its employees. Not only are they able to manage their team well, but they also possess some strong leadership skills that can have a positive effect on those around them. However, it’s difficult sometimes for people to know the signs of a good manager and how to easily spot them. Employees are also concerned about working with an individual that can show empathy and help them grow career-wise.

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HR leaders share their tips for crafting a pitch-perfect end-of-year message

Employee Benefit News

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7 HR Priorities for 2025 to Supercharge Your Employee Experience

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.

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Charles Cotton: 2023 will bring a focus on low-cost wellbeing support

Employee Benefits

In today’s volatile, uncertain and complex world, making predictions for the coming month is difficult enough, let alone making them for 2023. The cost-of-living crisis has had, and continues to have, a significant and widespread impact on the world of work. Next year, it is likely the UK will be in recession, though the downturn’s duration and depth is uncertain.

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S.D.N.Y. Voids ERISA Plan’s Arbitration Provision

Proskauer's Employee Benefits & Executive Compensa

A district court in New York recently refused to enforce an arbitration provision in an ERISA fiduciary breach lawsuit challenging the valuation of an Employee Stock Ownership Plan (“ESOP”). The ruling in Lloyd v. Argent , No. 22-cv-4129, 2022 U.S. Dist. LEXIS 219964 (S.D.N.Y. Dec. 6, 2022), exposes the continued uncertainty as to the enforceability of arbitration provisions when applied to ERISA fiduciary breach claims.

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Financial Security and Happiness in Later Life: Reflections from Recent Webinars

Money Talk

Being the author of a book about transitions in later life , I am always looking for new information about this topic. I recently attended a number of webinars about retirement planning. Below are 10 of my top take-aways: Knowledge is Power - While new state financial education mandates are getting lots of media attention (and rightly so), financial education works for everyone!

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Employer branding strategies to attract top talent

Business Management Daily

Companies often invest a great deal of time and money in creating a corporate brand. This public image helps the organization attract customers by carving out a niche within the crowded global marketplace. Consumers develop impressions of not only what the business brings to the table in terms of products and services, but also company values and mission.

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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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Wishing Your Professional Contacts a Happy New Year

HR Digest

“Wishing Your Professional Contacts a Happy New Year” is a comprehensive guide to conveying your well wishes to your colleagues, clients, and business partners. Discover tips for crafting the perfect new year message, common mistakes to avoid, and ideas for conveying your wishes in a professional manner. Strengthen your professional relationships and set a positive tone for the year ahead with these helpful suggestions.

Media 110
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Can DEI efforts combat antisemitic hiring bias?

Employee Benefit News

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NatWest gives 59,000 employees cost-of living payment

Employee Benefits

Credit: William Barton / Shutterstock.com. Banking organisation NatWest has implemented a one-off cash payment for all employees in junior and junior manager positions, benefitting approximately 59,000 global members of staff during the cost-of-living crisis. For the 39,000 UK-based employees, the payment was agreed at £1,000, with equivalent amounts in all other locations.

Banking 111
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Final SEC Clawback Rules: Key Dates that Issuers Need to Know

Proskauer's Employee Benefits & Executive Compensa

On November 28, 2022, the Securities and Exchange Commission (the “SEC”) published the final clawback rules (the “Final Rules”) under the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”) in the Federal Register. Now that the Final Rules have been published in the Federal Register, issuers should be aware of the following key deadlines [1] : January 27, 2023 : The Final Rules become formally effective (60 days after the Final Rules were published in the Federal Register).

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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.