June, 2023

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3 Considerations When Electing Commuter Benefits

Benefit Resource Inc.

Part Two: What employees should consider when electing commuter benefits. Commuter benefits provide employees with a number of advantages. When electing commuter benefits, it is important to consider your tax savings, eligible expenses and flexibility. #1 Tax Savings If your company provides a commuter benefit plan, you have the opportunity to save on your daily commute.

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Confessions of a benefits manager: Candid can’t take leave of holiday policies

Employee Benefits

Just when I am considering taking some well-earned annual leave, I get landed with yet another joint venture to deal with. Local HR seems to be getting all stressed about the new location’s benefit plans and I must do a benefits inventory and comparison to existing plans. Really, it seems quite straightforward. It has a normal pension plan and a few related insured benefits.

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Travel assistance, telehealth, urgent care: A benefits checklist for summer vacation safety

Employee Benefit News

Tapping the right resources will save travelers precious time and money that can instead be devoted to fun in the sun.

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Florida Requires Certain Private Employers to Use E-Verify Beginning July 1

PayrollOrg

Effective July 1, 2023, private employers in Florida with 25 or more employees must use the E-Verify system to verify a new employee’s employment eligibility within three business days after the first day that the new employee begins working for pay.

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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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Almost half of working dads say using parental benefits hurts performance reviews

Employee Benefit News

Fathers appreciate employee efforts to support caregiving, but think their careers will suffer if they use them.

More Trending

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The 9 best ways to improve employee productivity in 2023

Achievers

Every organization wants to get the most out of its employees. But viewing employee productivity as a simple equation of how many tasks are performed over X hours or days won’t get you very far. Real insight into productivity — and how to improve it at your company — requires assessing harder to measure aspects of each employee’s work, accounting for their specific role and responsibilities.

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Let Employees Learn by Breaking Things at Work

HR Bartender

Estimated reading time: 3 minutes My apologies. I know the title might be a bit deceiving. I don’t mean let employees “literally” break things. Let me explain. I was recently facilitating a seminar on talent acquisition, and we got on the topic of artificial intelligence (AI) and ChatGPT. While several participants mentioned that they were being cautious and staying away from sites where AI is concerned – and I totally understand that – one person said that their company was encouraging them to

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25 toxic personality traits to spot in yourself and others

BetterUp

Jump to section Toxic traits What are personality traits?

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Is Long Covid reshaping workplace support for long-term conditions?

Employee Benefits

By Tracey Ward, Head of Business Development & Marketing at Generali UK Employee Benefits Over 2 million people in the UK with self-reported Long Covid have now had symptoms for at least a year. It can present significant challenges in the workplace because, unlike with long-term conditions such as cancer and diabetes, the prevalence rates for Long Covid are greatest in the working age population (35-69 years).

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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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Fire up your team spirit with these 4th of July office party ideas!

HR Digest

You don’t need to gather in yards or on rooftops to celebrate the Fourth of July this year. Our list of 15 “Best 4 th of July Office Party Ideas” will make you forget you’re missing those grills full of meat and coolers full of beer in your neighbor’s backyard. With so many of you working remotely it may feel as though there’s no much to celebrate. It’s totally understandable that you might want to celebrate July 4 th at work by NOT celebrating at all.

IT 121
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Mid-Year Financial Tweaks and Tasks

Money Talk

It’s halftime for your 2023 finances and a perfect time to review where you stand, make mid-year adjustments, and complete recommended financial planning action steps. Below are ten mid-year financial tweaks and tasks: Tax-Deferred Savings Tweak - Perhaps you will get a raise on July 1. Consider completing the paperwork needed to save more money from July to December in your employer’s tax-deferred retirement savings plan.

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88 motivational quotes for work to inspire you

Achievers

Feeling a lack of motivation and focus? Don’t worry 一 you’re not alone. Even the most driven people struggle with a sense of disengagement from time to time. Whether it’s a new project that’s proving especially difficult, a teammate you don’t quite click with, or simply the monotony of handling a task for the hundredth time, a new perspective and a few motivational quotes can turn a dispiriting situation into an unexpected source of strength.

Health 154
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What the Supreme Court's ruling on student loan forgiveness means for employees

Employee Benefit News

With loan forgiveness in limbo, employers will need to establish greater support to help employees get a handle on their debt.

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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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6 Guiding Principles of Diversity, Equity, and Inclusion and Why You Need to Focus on Them

15Five

Whether you’re a seasoned DEI professional or dipping your toes in for the first time, familiarizing yourself with the guiding principles of diversity, equity, and inclusion is worthwhile. These principles form a foundation from which actionable diversity, equity , and inclusion work can begin and provide a framework for DEI leaders to use when building DEI strategies and statements.

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Medical Protection Society receives menopause-friendly accreditation

Employee Benefits

Healthcare profession support organisation Medical Protection Society (MPS) has been awarded a menopause-friendly accreditation due to its commitment to talking openly about it and putting the right help in place. Established by Henpicked: Menopause In The Workplace, the accreditation recognises high standards and proven practices that embrace menopause in the workplace.

Medical 119
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Redefining Success through Radical HR Innovation

HR Digest

Unlocking the secrets to success, Netflix has rewritten the script on how to build a thriving company. With an unwavering commitment to innovation and a trailblazing HR strategy, they have achieved remarkable feats. Boasting a remarkable employee retention rate of over 95% and earning the coveted #1 spot on Fortune’s “100 Best Companies to Work For” list in 2018 and 2019, Netflix has shattered industry norms.

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Coping With the Aftermath of a Disaster

Money Talk

Since we are in “high season” for natural disasters, it is a “teachable moment” to review some things to consider if you are the victim of nature’s wrath, an explosion, or any other damage to your property and are coping with financial losses and bills for temporary living expenses: Call Your Insurance Agent- Ask your property and casualty agent about “fine print” in your homeowners policy.

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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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District Court Denies Employer’s “Injury-In-Fact” Challenge to Withdrawal Liability

Proskauer's Employee Benefits & Executive Compensa

In Holland v. Murray , No. 21-cv-567, 2023 WL 2645708 (D.D.C. Mar. 27, 2023), the court held that financial support provided by Congress to a multiemployer pension plan under the Bipartisan American Miners Act (“BAMA”) did not divest the plan of Article III standing to pursue the withdrawal liability it was owed. After the contributing employer filed for bankruptcy, the plan assessed its controlled group members, the defendants, with $6.5 billion in withdrawal liability.

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Business finance: The ultimate guide for non-finance people

Business Management Daily

Are you eager to launch a startup or new business? Or were you recently promoted to a financial role in your organization? Either way, you’ll need to master the basics of business finance if you want to find success. Even employees not working directly in finance generally need a basic understanding of it to succeed. Nothing exists in a bubble, and business finance is no different.

Finance 105
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Employee Satisfaction vs Engagement: What’s the Difference?

15Five

We all want to be satisfied with our jobs. None of us want to hate what we do, be underpaid, treated poorly, or experience the “Sunday Scaries” because we’re so dreading the workweek. But is satisfaction enough? Does having a workforce full of satisfied employees always lead to positive business outcomes? The terms “employee satisfaction” and “employee engagement” are often used interchangeably.

Health 105
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Exclusive: Papier launches financial wellbeing platform

Employee Benefits

Stationary brand Papier has introduced a financial wellbeing platform for its 99 employees. The platform, provided by Bippit, gives employees access to one-to-one financial coaching with a professionally qualified Financial Conduct Authority (FCA) coach matched to their needs, after they answer questions about their financial concerns. The service offers tools for Papier staff to navigate the cost-of-living crisis, including personalised learning resources and money management plans, monthly web

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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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HR and Friendship: Can It Be Possible at Workplace?

HR Digest

“When people are financially invested they want a return. When people are emotionally invested, they want to contribute” Simon Simek HR isn’t ‘your friend’ but is neither your foe. “Transparency and flexibility can allow HR to effectively wear the “dual hat” of communicator and company arm” , one expert told HR Dive. HRs are essentially human. HR personnel are certain to come across a few personal details that employees might not discuss with their co-workers otherwise through their role in the

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Keep Track of Your Beneficiaries

Money Talk

Who is going to get what you someday leave behind in life insurance policies and/or tax-deferred retirement accounts? Beneficiary designations are important estate-planning tools and should not be overlooked to make sure your hard-earned money gets passed down to those you select to receive it. Below are nine beneficiary “need to knows”: Beneficiary Types- Beneficiaries inherit assets when people die.

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Possible Extension of Clawback Rule Effectiveness is Welcome Development for Issuers

Proskauer's Employee Benefits & Executive Compensa

Issuers that have been scrambling to prepare their boards and executives for accelerated implementation of compliant Dodd-Frank clawback policies will be glad to hear that the NYSE and Nasdaq have filed amendments to their proposed clawback rules to extend the effective date that would apply if the proposals are approved until October 2, 2023. If approved, the amendments would give listed companies until December 1, 2023 (60 days after the effective date of the rules) to adopt a compliant Dodd-F

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What is Company Culture? (And How to Make Your Team Feel Valued)

Best Money Moves

What is company culture? (And how to make your team feel valued). Company culture is a key component of a successful workplace. Here’s how to cultivate a culture that will make your team feel valued. A strong company culture is a driving factor in keeping your employees motivated at the office. According to a recent survey by Eagle Hill Consulting, 74% of American workers said that having a strong company culture positively impacts efficiency and productivity.

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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.