October, 2023

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How can voluntary benefits support employees in uncertain times?

Employee Benefits

Credit: Emerge / Shutterstock (1079190161) Employers should have an understanding of the issues their employees face in order to produce targeted and appreciated voluntary benefits strategies. To combat the cost-of-living crisis , employees can use spend and save platforms to save money on a day-to-day expenditures and weekly grocery shopping. Employees react better to communications that they consider relevant to their personal circumstances, so employers should used targeted guidance and suppo

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Social Security Wage Base Increases to $168,600 for 2024

PayrollOrg

On October 12, the Social Security Administration announced that the 2024 social security wage base will be $168,600, which is an increase of $8,400 from $160,200 in 2023.

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People who work full time from an office now outnumber hybrid workers

Workplace Insight

British workers who come into the office every day to work now outnumber those who spend part of the week working from home, for the first time since the end of pandemic restrictions, according to a new survey from recruitment firm Hays. Of nearly 15,000 white-collar staff and employers who took part in the poll last month, around 43 per cent said they were now working entirely from the office, up from 36 per cent a year earlier.

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83% of employers have seen a rise in wellbeing benefit requests

Employee Benefits

More than eight in 10 (83%) UK employers have reported a rise in employees requesting more wellbeing benefits in the workplace, according to new research from Zest. The employee benefits technology firm’s study, released to mark World Mental Health Day (10 October), found that 19% of respondents currently offer employees a wellbeing allowance as part of their benefits package.

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Future-Proof Your Talent Pipeline

Get ready for the future of business. As HR navigates an ongoing labor shortage, leaders need stronger, more adaptable recruiting strategies. Do you have the tools you need to build a talent pipeline that drives sustainable business growth?

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How You Can Apply Flexible Benefits with Insurtech

Pacific Prime

Flexible benefits is a growing trend in the insurance industry. But with everyone having their own unique concerns and needs, implementing flexible benefits can be hard. With the help of insurtech, you can implement and manage individual benefits with ease! In this Pacific Prime article, we look at the benefits of implementing flexible benefits at. The post How You Can Apply Flexible Benefits with Insurtech appeared first on Pacific Prime's Blog.

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10 Best Customer Loyalty Software of 2023

HR Lineup

In today’s highly competitive business landscape, maintaining and growing a loyal customer base is paramount. Customer loyalty software has emerged as a powerful tool to achieve this goal, enabling businesses to reward and engage their customers effectively. In 2023, numerous customer loyalty software options are available, each with its unique features and benefits.

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Employers Must Use New Form I-9 by November 1

PayrollOrg

Starting November 1, employers must use the version of Form I-9, Employment Eligibility Verification, with an edition date of 8-1-23.

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Create a culture of recognition in 2023 

Achievers

Cultivating a culture of recognition is a strategic imperative that can transform the tenor of your organization, driving improved employee morale, engagement, and performance. Showing genuine appreciation for team members’ efforts foster a long-lasting sense of belonging and motivation among employees. With a thoughtful and multifaceted approach, one that encourages recognition at every level of your organization, your company can develop a culture of recognition organically.

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Ten Benefits of Self-Employment in Later Life

Money Talk

Almost half of all U.S. workers age 65-69 are self-employed as are over two-thirds (68%) of those age 75-79. For almost four years, I have been a full-time financial education entrepreneur. For 27 years prior, Money Talk was a “side hustle.” For this post, I decided to reflect upon ten benefits of self-employment in later life that I (and other older entrepreneurs) have experienced: Additional Income - A successful business provides additional cash beyond Social Security and other expected sourc

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Understanding Group Medicare for an Aging Workforce: Key Considerations for HR Leaders

Speaker: Shawnequa Albert

As our workforce evolves, so must the way we support it. With more employees choosing to work beyond age 65, HR leaders are increasingly being called upon to guide aging employees through one of the most complex transitions in their professional lives - from employer sponsored plans to Group Medicare. Without clear guidance, confusion around eligibility, coverage options, and cost implications can lead to uncertainty and missed opportunities for optimized benefits.

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The 4 Key Elements of An Effective Recruiting Strategy

HR Bartender

Estimated reading time: 3 minutes When we’re creating our recruiting strategy, we have to decide how we will bring people into the organization. I’m not talking about sourcing. I’m talking about when there’s an open job, we have to decide if we will fill it from within, hire someone from the outside, or maybe even outsource the work to a consultant.

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Helping employers leverage AI, robotics and biometrics in the workplace

Employee Benefit News

Transformative technologies are increasing productivity and job satisfaction, as well as providing workers with essential upskilling.

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10 Best Benefits Administration Software in 2023

HR Lineup

Benefits administration is a critical component of human resources management, and it plays a significant role in ensuring that employees receive the compensation and benefits they deserve. With the advancement of technology, benefits administration software has become an essential tool for businesses of all sizes to streamline their HR processes. In 2023, there are numerous benefits administration software options available, each with its unique features and advantages.

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California Expands Paid Sick Leave in 2024

PayrollOrg

Effective January 1, 2024, employees in California will be entitled to additional paid sick leave.

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Ready to Save Time With AI? Try 14 ChatGPT Prompts for HR

ChatGPT is a powerful tool that can help you quickly brainstorm, draft, and refine tasks on your to-do list. But it can take a bit of strategy and practice to get generative AI to give you the time-saving results you’re looking for. Try these 14 detailed prompts to unlock the power of ChatGPT. You'll discover ways to streamline tasks for hiring, employee engagement, and performance management.

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11 ways to increase employee happiness at your organization

Achievers

The days when an organization could rely on a simple paycheck to keep employees engaged and happy are long gone, if they ever existed in the first place. While compensation is important, even the highest-paying positions will see unexpected turnover and reduced productivity if companies neglect the happiness of their workforce. From recognizing employees, to supporting a healthy work-life balance, to giving workers a real voice in your company’s decisions and processes, there are a wide range of

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Longevity, Longevity Literacy, and Living Well in Later Life

Money Talk

Several months ago, in the space of one day, I attended a webinar about longevity by a financial planner, read a research report about “longevity literacy,” and attended a health education class for older adults. At the end of the day, I realized that all three of these events were interrelated. Below are nine of my key take-aways from information that was provided about living well in later life and not running out of money during your lifetime: Medical Advances - Many of the leading causes of

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Grind Culture Isn’t Working. How Can Wellness Win?

TalentCulture - Employee Benefits

The Problem With Grind Culture In recent years, “hustle” and “grind” culture have become equated with drive, ambition, and success. The logic is that if you are not incessantly working, you won’t meet your goals. Grind culture also ties a person’s worth to the product they produce. However, it comes at the expense of individual […] The post Grind Culture Isn’t Working.

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10 skills recruiters look for when hiring remote candidates

Employee Benefit News

From decisiveness to a sense of humor, FlexJobs' ranking covers a range of expectations employers will have this recruiting season.

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The Great Disruption: Leveraging AI To Better Your Benefits Strategy

Speaker: Joana Ardelean, MSHRM, PHR, SHRM-CP, CC

The benefits landscape is shifting rapidly, and AI is at the center of this transformation. From optimizing health and wellness programs to predicting future benefits needs, AI is empowering HR and total rewards leaders to make smarter, more proactive decisions. The challenge? Understanding where AI fits in your strategy and how to leverage it effectively while keeping employee well-being at the forefront.

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12 Best Recruiting Automation Software in 2023

HR Lineup

In the dynamic landscape of recruitment, organizations are constantly seeking ways to streamline and improve their hiring processes. Recruiting automation software has emerged as a game-changer, allowing HR professionals to save time, reduce manual tasks, and make data-driven hiring decisions. As we step into 2023, we will explore the 12 best recruiting automation software platforms that are making waves in the industry.

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OCSS Releases Revised IWO and Instructions

PayrollOrg

The Office of Child Support Services (OCSS) released a revised income withholding order for support form (IWO) and its instructions with no substantial changes.

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Analyst Insight: isolved – Punching Above its Weight and Getting Stronger

3Sixty Insights

Event Recap isolved recently held its annual isolved Connect client event in sunny Palm Desert, California. A city with an always sunny reputation, a very fitting backdrop for the HR technology event for a brand recognized by its bright pink branding and outlook on the future of human capital management. Over 800 client and partner attendees converged on the desert paradise to network, learn, and engage around the future of work and HR, hoping to move their organizations from good to great with

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Practical Inflation-Fighting Strategies

Money Talk

Earlier this year, I taught a class and a webinar about inflation where I presented dozens of ways to mitigate the effects of rising prices through reduced spending. Inflation is down significantly from 2022 but still remains elevated. Below is a list of inflation-fighting strategies to consider listed by household expense category: Groceries Make substitutions (e.g., applesauce for eggs in baking), buy store vs. national brands, eat more meatless meals, stock up on sale items, consider shopping

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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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How Can Employers Better Support Working Parents?

TalentCulture - Employee Benefits

Currently, about 40% of people in the U.S. workforce are parents whose kids are under 18 years old. With soaring childcare costs and limited government assistance, many organizations know it’s important to support working parents more fully. However, no standards have been established that define the kind of benefits these employees should receive.

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Employee financial wellness is at an all-time low, Bank of America finds

Employee Benefit News

Employees are still struggling with their financial obligations, and less than half feel good about their financial situation.

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10 Best Talent Management Software in 2023

HR Lineup

Talent management is a critical aspect of every organization’s success. In the competitive business landscape of 2023, companies need to attract, retain, and develop top talent to thrive. To streamline these processes, organizations turn to talent management software solutions. These platforms offer a comprehensive suite of tools to support HR professionals in recruiting, onboarding, performance management , and employee development.

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PayrollOrg Comments on IRS Employment Tax Forms

PayrollOrg

PayrollOrg’s Government Relations Task Force commented on the IRS’s information collection notice on federal employment tax forms in September.

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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.