Employee Benefit News

AUGUST 30, 2023

Employers should be investing just as much into education as they are into creating robust benefit offerings.

Healthcare Benefits 115

Healthcare Benefits Healthcare Employment Education 115

InterWest Insurance Services

AUGUST 31, 2023

A new report by Aon warns employers to expect average group health insurance costs to increase 8.5% in 2024, as inflation starts hitting the cost of delivering care as well as pharmaceuticals. The report predicts that employers will pay an average of $15,088 in 2024, compared to the average this year of $13,906. The cost hike is almost double the 4.5% increases employers saw in 2022 and 2023.

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Pharmaceutical Hospitality Health Insurance Medical 87

PayrollOrg

AUGUST 1, 2023

On August 1, U.S. Citizenship and Immigration Services (USCIS) published the revised Form I-9, Employment Eligibility Verification, with an edition date of 8-1-23.

Employment 196

Employment 196

Fringe Benefit Analysts

AUGUST 15, 2023

You probably know the feeling well. Another six months rolls around and then one day you glance down at your upcoming week’s schedule and there it is, your bi-yearly dentist checkup. But don’t panic. You know the dentist really isn’t as bad as it seems and there are actually some very important reasons to have a dental checkup and cleaning every six months.

Insurance 98

Insurance IT Out of Pocket Cost Health Insurance 98

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.

Payroll

Employee Benefit News

AUGUST 31, 2023

A virtual appointment with a medical specialist at the Cleveland Clinic helps patients get the right kind of care.

Healthcare 104

Healthcare Medical Employment Employee Benefits 104

Money Talk

AUGUST 31, 2023

I recently attended a seminar about financial concerns facing women in retirement. Below are seven key take-aways that I gleaned from the presentation and accompanying materials: Income Gap - This is the difference between an individual’s (or couple’s) total retirement income from various sources (e.g., pension, Social Security, annuities, dividends/capital gains, full- or part -time employment, self-employment) minus fixed (e.g., rent and car payments), variable (e.g., gas, food, and gifts), an

401(k) 160

401(k) Pension Food Finance 160

HR Digest

AUGUST 31, 2023

Have you ever found yourself in a situation where HR seems to be turning a blind eye to your concerns? You’re not alone. Dealing with unresponsive HR can be frustrating and disheartening, especially when you’re facing a toxic work environment or an unresolved issue. But fear not! We’ll explore actionable steps you can take when HR ignores your complaints.

Utilities 111

Utilities Consulting Management Employment 111

PayrollOrg

AUGUST 31, 2023

On August 30, the U.S. Department of Labor (DOL) announced it intends to increase the minimum salary level for the Fair Labor Standards Act “white collar” exemptions from $684 to $1,059 per week.

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Salary IT 151

Employee Benefits

AUGUST 30, 2023

From 2024, employees will be able to request flexible working hours and patterns twice in a 12-month period and will not have to explain any potential effect on their employer. Organisations will have to consider all requests and provide a reason before rejection within two months. Being able to request flexible working should eliminate any stress, anxiety or worry for employees trying to balance work with caring responsibilities.

Family and Medical Leave Act 111

Family and Medical Leave Act Parental Leave Medical Employment 111

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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.

Management

HR Bartender

AUGUST 27, 2023

Estimated reading time: 5 minutes (Editor’s Note: Today’s article is brought to you by our friends at Poster Guard® Poster Compliance Service, a division of HRdirect and the leading labor law poster service that gets your business up to date with all required federal, state, and local labor law postings, and then keeps it that way — for an entire year.

Electronics 110

Electronics Utilities Government Software 110

Workplace Insight

AUGUST 29, 2023

According to a new poll from the Asana Work Innovation Lab , nearly two-thirds of executives of executives think that artificial intelligence will help their companies reach their objectives. The report also suggests that 36 percent of employees in the United States and United Kingdom already use AI at work at least weekly. And a perhaps surprising number of people wouldn’t mind having their work graded by artificial intelligence or even having a robot as their ‘boss’ The repor

Entertainment 105

Entertainment Employment IT Technology 105

Money Talk

AUGUST 16, 2023

After declining in early years of the pandemic, the percentage of older adults in the labor force is increasing. An estimated 21.9% of Americans age 65+ were working in 2022. In 2019, the older worker cohort included nearly 15% of those in their 70s. Reasons for continued work include a need for additional income (inflation), boredom, social contact, structure, and a sense of purpose.

Taxes 130

Taxes Pension Deductions Deductible 130

Employee Benefit News

AUGUST 31, 2023

IBTM World ranks which cities can offer workers some reprieve from their day-to-day grind.

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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.

McDermott Will & Emery Employee Benefits

AUGUST 31, 2023

Numerous states—including Wisconsin, Illinois, Kentucky and Oklahoma—have been busy finalizing rulemaking and legislation that create or amend professional practice standards to incorporate telehealth. What have these states been up to over the last month? Learn more here. The post States Amend Professional Practice Standards to Incorporate Telehealth appeared first on EMPLOYEE BENEFITS BLOG.

Employee Benefits 104

Employee Benefits Health and Welfare 104

Employee Benefits

AUGUST 30, 2023

It’s nearly that time of year again where parents and their children start planning for the return to or start of school. The school day and the typical 9am to 5pm working schedule are not aligned and parent employees may request to change their start and finish times permanently, or ask to work from home on certain days to allow them to perform their work around school hours, if that is possible in their role.

Work From Home 111

Work From Home Consulting Employment Employee Benefits 111

PayrollOrg

AUGUST 31, 2023

When the IRS released the 2020 Form W-4, Step 3 was titled “Claim Dependents.” The 2023 Form W-4 titles Step 3 as “Claim Dependents and Other Credits.” A question many employees and payroll professionals had beginning with the release of the 2020 Form W-4 was what are acceptable entries for Step 3 from the IRS’s perspective?

IT 104

IT Payroll 104

Florida Workers' Comp

AUGUST 6, 2023

There have been some great orators over the millenia. I am not one. Billy Shakespeare perceived Marc Antony in that category: "Friends, Romans, countrymen, lend me your ears. I have come to bury Caesar, not to praise him." Without a doubt, Ronald Reagan was in that category "Mr. Gorbachev, open this gate! Mr. Gorbachev, tear down this wall!" There are calls to arms, and there are calls to arms.

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Education IT 104

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 Wellness

Money Talk

AUGUST 10, 2023

As noted in last week's post, I am creating a new Money After 70 course for older adults. Below are 10 more changes, opportunities, and challenges for septuagenarians (people aged 70 to 79): Lasts and ROLE Calculations - As people age, their time orientation changes. As I wrote in my book, Flipping a Switch , people start doing return on life expectancy (ROLE) calculations.

Taxes 130

Taxes Finance Insurance IT 130

Employee Benefit News

AUGUST 29, 2023

Ed Ligonde of Nava Benefits explains the impact smart tech can have on advisers' work and client impact.

Technology 100

Technology 100

McDermott Will & Emery Employee Benefits

AUGUST 30, 2023

In May 2023, the Florida Legislature amended the Florida Electronic Health Records Exchange Act to add a provision regarding the security and storage of patient information. It took effect on July 1, 2023. To ensure compliance, Florida healthcare providers should review where their electronic patient information is physically maintained. Read more here.

Electronics 103

Electronics Healthcare Employee Benefits Health and Welfare 103

Employee Benefits

AUGUST 30, 2023

Network Rail has withdrawn annual bonuses for staff who went on strike in a long-running dispute about pay, jobs and working conditions. Those who participated in strike action from June 2022 onwards will not receive a performance-related payment this year. This decision is likely to affect up to 20,000 members of the RMT union, whose members took industrial action earlier this year.

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Bonuses Overtime Salary Employee Benefits 111

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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

Retirement Plan

PayrollOrg

AUGUST 30, 2023

When the IRS released the 2020 Form W-4, Step 3 was titled “Claim Dependents.” The 2023 Form W-4 titles Step 3 as “Claim Dependents and Other Credits.” A question many employees and payroll professionals had beginning with the release of the 2020 Form W-4 was what are acceptable entries for Step 3 from the IRS’s perspective?

IT 104

IT Payroll 104

Florida Workers' Comp

AUGUST 6, 2023

There have been some great orators over the millenia. I am not one. Billy Shakespeare perceived Marc Antony in that category: "Friends, Romans, countrymen, lend me your ears. I have come to bury Caesar, not to praise him." Without a doubt, Ronald Reagan was in that category "Mr. Gorbachev, open this gate! Mr. Gorbachev, tear down this wall!" There are calls to arms, and there are calls to arms.

Education 104

Education IT 104

Money Talk

AUGUST 24, 2023

I recently attended several programs geared for older adults and read several books about living in retirement. Below are some key takeaways: Common Fears - Many surveys indicate that the #1 fear of retirees is running out of money during their lifetime. Other frequently cited fears are health care expenses, long-term care expenses (e.g., assisted living and/or skilled nursing care), steep stock market declines, death of a spouse and a subsequent loss of spousal income, the financial needs of ad

401(k) 100

401(k) Taxes Life Insurance Insurance 100

Workplace Insight

AUGUST 30, 2023

No author uses the built environment like J G Ballard. In his 1975 novel High-Rise, the eponymous structure is both a way of isolating the group of people who live and compete inside it and a metaphor for their personal isolation and inner struggles. Over the course of three months, the building’s services begin to fail. The 2,000 people within, detached from external realities in the 40-storey building, confronted with their true selves and those of their neighbours, descend into selfishness an

Media 98

Media Engineering Work From Home Utilities 98

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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.