Employee Benefits
JANUARY 30, 2023
If employers are not seeing a return on their investment in benefits or schemes are not achieving their desired aims, such as increased employee engagement or retention, then they might be spending too much. Employers should consider whether they are offering benefits to be viewed as an attractive place to work or because they genuinely want what is best for their staff.
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Genesis HR Solutions
JANUARY 30, 2023
Should you auto-enroll your employees into your company’s 401(k) program? You don’t need to shake a magic eight ball to make a decision. Instead, take a look at the pros and cons, and then make an educated decision for your company. What is automatic enrollment? Automatic enrollment is exactly what it sounds like—you, the employer, automatically enroll your employees into your organization’s 401(k) plan.
HR Lineup
JANUARY 4, 2023
Salary transparency is the practice of openly disclosing the wages and salaries of all employees within an organization. It has gained popularity in recent years as a way to promote fairness and equity within the workplace. However, implementing salary transparency can be a complex process, with various considerations to take into account. This guide will provide a comprehensive overview of salary transparency, including its benefits, how to successfully implement it within your organization, an
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.
Employee Benefits
JANUARY 13, 2023
More than half (55%) of UK employees want their employer to increase its investment in employee reward and recognition, according to reseerch by employee engagement platform Reward Gateway. Its 2023 Employee engagement trends report, which surveyed more than 3,000 employees across four global regions, also found that more than half of UK respondents frequently experience stress at work.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
Employee Benefit News
JANUARY 11, 2023
Achievers
JANUARY 31, 2023
Employees and job candidates now look far beyond salary when deciding whether to remain at or join an organization. While great compensation and benefits still matter, factors like inspired company culture, and truly engaging work are more important than ever. In short, people are looking for a great employee experience that lasts from the moment they apply for a job until the day they leave the organization.
Money Talk
JANUARY 18, 2023
The year 2022 was chock full of news about inflation, with a year-to year Consumer Price Index increase of 9.1% in June and a still-high 6.5% CPI at year-end. Not surprisingly, much of the news was negative; e.g., soaring prices for food, gas, utilities, cars, insurance, and more. What often gets lost in conversations and media reports about inflation are the ways that some people can benefit from it.
HR Digest
JANUARY 9, 2023
As the world continues to evolve at a rapid pace, HR trends in 2023 are expected to follow suit. From the incorporation of technology to shifts in company culture, HR professionals and thought leaders are keeping a close eye on what the future holds for the industry. One of the biggest global HR trends for 2023 is the increasing importance of diversity, equity, and inclusion.
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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.
Insperity
JANUARY 5, 2023
It is often assumed that employee assistance programs (EAPs) are only for people seeking counseling and mental health support. Of course, an EAP provides those services, but that’s not the extent of what an EAP can do – not by far. In fact, that’s just the tip of the iceberg when it comes to EAP benefits. What are EAPs used for? With any EAP, the goal is to lift weight from employees’ shoulders and give them peace of mind so they can focus their attention on work and achieve better work-life bal
Best Money Moves
JANUARY 11, 2023
Financial Wellness: The missing piece of your DEI strategy. Financial wellness could be the key benefit that your DEI initiative is missing. Here’s what to consider. . Organizations are constantly trying to improve diversity. But while progress has been made, many workplaces are still a long way from achieving true equity. . The median wealth for white households is $187,300, according to data released by the U.S.
Employee Benefit News
JANUARY 12, 2023
BetterUp
JANUARY 20, 2023
Jump to section What is trauma in the workplace?
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.
Money Talk
JANUARY 4, 2023
Last month, I presented my eighth annual (2022) Personal Finance Year in Review webinar for OneOp. Below are dozens of important events and trends from the past year: High Inflation- The consumer price index (CPI) started out the year at a 12-month percentage change of 7.5% in January 2022, reached a year-to-year high of 9.1% in June 2022, and stood at 7.1% in November.
HR Digest
JANUARY 14, 2023
It’s no news that the business world will experience changes in management in 2023. And HR is going to have to keep up. The new year is here, so it’s time for HR professionals to start thinking about how they’ll be ready for the future. HR leaders are always looking for ways to improve their employees’ lives and the company’s bottom line.
Employee Benefits
JANUARY 11, 2023
Social media management organisation Hootsuite, which employs around 1,000 people, has implemented a range of lesbian, gay, bisexual, trans, queer, intersex, asexual and more (LGBTQIA+)-friendly initiatives. These include a restructuring of employee benefits, with increased coverage for mental health, fertility treatment, and gender affirmation surgeries, and the establishment of a diversity, equity and inclusion (DE&I) council, comprising employees and allies from diverse groups, to promote
Best Money Moves
JANUARY 31, 2023
3 ways to improve your employee retirement benefits. Retirement benefits are a vital tool for your workforce. Here are three key ways to support your team with better retirement options. Almost 4 in 10 employees say they’re not confident about reaching their retirement goals, according to a 2022 Bank of America report , and even more are unsure if they have enough savings to retire.
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 Benefit News
JANUARY 10, 2023
Proskauer's Employee Benefits & Executive Compensa
JANUARY 27, 2023
In Kanefsky v. Ford Motor Co. Gen. Ret. Plan , No. 22-cv-2259, 10548 U.S. Dist. 2023 WL 186800 (E.D. Mich. Jan. 13, 2023), the court granted a motion to dismiss a pension plan participant’s claim that the plan was equitably estopped from recouping overpaid plan benefits. Upon termination of his employment, the participant requested and received from the plan a disclosure estimating that his pension would be $6,225.24 per month.
Money Talk
JANUARY 26, 2023
In earlier posts, I discussed ten upsides of inflation and inflation-fighting strategies. Inflation continues to be in the news so below are some additional insights that I shared recently at a class about inflation-fighting strategies for older adults. UPH is Real - Many people are feeling the effects of “unexpected price hikes” (UPH), a term coined in a T-Mobile ad.
HR Digest
JANUARY 19, 2023
What you realize is that it isn’t always the big, new, shiny initiatives that make the biggest difference. People want to be treated with respect, they want to feel included as part of the team, and they want to have opportunities to learn and succeed. The HR Digest: “At McDonald’s, we believe that serving up a best-in-class customer experience starts first with ensuring an exceptional employee experience.
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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
Employee Benefits
JANUARY 26, 2023
Brighton-based smart buildings technology business Ideal has introduced an employee engagement and happiness programme for its 60 members of staff. Run by The Happiness Index, the digital platform was designed to boost people strategy by improving performance and cultural health. Ideal employees can access more than 20 pre-built neuroscience-backed surveys, which help to create actionable insights to drive people strategy.
Best Money Moves
JANUARY 9, 2023
4 top 2023 employee benefits. Here are the trending employee benefits that companies are investing in for 2023, to help cope with financially stressful times. The International Monetary Fund estimates that 2023 will see global economic growth decline to only 2.7 percent in 2023. This is a significant drop from the 6.0 percent growth recorded in 2021, and the lowest since 2001. .
Employee Benefit News
JANUARY 5, 2023
Proskauer's Employee Benefits & Executive Compensa
JANUARY 30, 2023
As part of our continuing series on SECURE 2.0 , signed into law December 29, 2022, this post focuses on significant changes for section 403(b) tax-sheltered annuity plans (“403(b) plans”). 403(b) plans are similar to 401(a) tax-qualified defined contribution plans but sponsored by public schools or non-profit entities and subject to unique requirements under the Internal Revenue Code (the “Code”).
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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.
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