Employee Benefit News

MAY 17, 2024

Data from Forbes Advisor shows that while nuances exist, some core offerings appeal to every age group.

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Employee Benefits 114

Money Talk

MAY 9, 2024

I recently reviewed notes that I took at recent presentations about retirement. Below are seven recommendations that stood out to me and might be helpful to Money Talk blog readers: Define Your New Self - People may retire after decades of work, but they do not retire from life. To prepare for this transition, make a point to define yourself by who you are rather than what you do.

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Workplace Insight

MAY 13, 2024

The luxury belief that was the so-called Great Resignation, appears to be over, even if you assume it ever existed. Workers are increasingly staying put in their current jobs and more employers are holding steady on staffing levels as the labour market slows, according to the CIPD’s latest Labour Market Outlook report. The survey shows more than half (55 percent) of employers are looking to maintain their current staff level – the highest level since winter 2016/17.

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Recruitment Education Employment IT 111

HR Bartender

MAY 21, 2024

Estimated reading time: 5 minutes (Editor’s Note: Today’s article is brought to you by our friends at Poster Guard® Poster Compliance Service from HRdirect , 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. Enjoy the article!

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Electronics Utilities Government Technology 144

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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

Employee Benefits

MAY 9, 2024

Of the 1.8 million employees who accessed healthcare services through health or protection insurance in 2022, 1.3 million (75%) relied on workplace-provided schemes to do so, according to research by the Association of British Insurers (ABI). Its Growing demand – increased use of health and protection services in 2022 report also found that almost 600,000 (87%) of the 700,000 people included in the research who used virtual GPs in 2022 did so through their employer’s scheme.

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HR Digest

MAY 9, 2024

The Nike layoffs announcements from back in February will soon finish taking shape in June, as 740 employees from their World Headquarters in Oregon will be asked to leave. The company had announced a 2 percent reduction of the workforce, targeting a reduction of at least 1,600 employees over time. Nike’s layoffs within its workforce are part of a much larger cost-cutting strategy after their last annual report in December did not see profitable results to the degree the company had expected.

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Money Talk

MAY 30, 2024

Advance directives are written instructions for actions to be taken in the future in case people become incapable of making decisions. They designate specific people (typically referred to as “agents” or “proxies”) to step in for the creator of an advance directive to make decisions that the creator wishes and to take the burden of decision-making off family members or other caregivers.

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Hospitality Banking Finance Medical 182

3Sixty Insights

MAY 16, 2024

AI is set to empower HR leaders and optimize time with functionalities like timekeeping and attendance. In our latest #HRTechChat, Dylan Teggart is joined by Ayden Hodgins of New Entity HCM to speak about the future of AI in HCM and how large language models will improve the future of work. Our #HRTechChat Series is also available as a podcast on the following platforms: Apple iTunes: [link] Spotify: [link] Stitcher: [link] SoundCloud: [link] YouTube: [link] iHeartRadio: [link] Google Podcast: [

Food 124

Food Hospitality Retail Employee Retention 124

BetterUp

MAY 18, 2024

Jump to section The importance of networking 4 online networking examples How to write a networking email: 7 templates for any situation 4 networking tips Build better connections

Employment 110

Employment 110

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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.

Employee Benefits

MAY 29, 2024

Need to know: Financial wellbeing support must be accessible to all employees on demand regardless of their working location. Finding out what is needed can help shape support to a dispersed workforce. Support and communications that are useful to the majority of employees can avoid exclusion. In its State of financial wellbeing index 2024 report, published in May 2024, Wagestream found that half (54%) of the employees surveyed said financial concerns have caused their mental health to decline.

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Employment Education Employee Enrollments Technology 116

Workplace Insight

MAY 28, 2024

Concrete and steel production are major contributors to global CO2 emissions, but a new technology from Cambridge University offers a promising solution: recycling both materials simultaneously. This innovative process involves using old concrete in steel-processing furnaces to not only purify iron but also generate “reactivated cement” as a by-product.

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HR Digest

MAY 15, 2024

In this comprehensive guide, we will delve into the intricacies of what training needs analysis is, and explore its various components, best practices, and the step-by-step approach to implementing it effectively. Whether you’re a seasoned HR professional or a business leader seeking to optimize your training programs, this article will provide you with the insights and strategies necessary to elevate your organization’s learning and development initiatives as you learn how to conduc

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McDermott Will & Emery Employee Benefits

MAY 28, 2024

On April 22, 2024, the Centers for Medicare and Medicaid Services (CMS) released a final rule that will require long-term care facilities (LTCFs) to satisfy minimum nurse staffing standards with the goal of addressing patient quality of care and safety concerns. The final rule is anticipated to result in approximately 80% of LTCFs needing to […] The post Finalized Nursing Staff Standards Will Impact Most Long-Term Care Facilities appeared first on EMPLOYEE BENEFITS BLOG.

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Employee Benefits Health and Welfare 105

Speaker: Kaitlin Ruby Carroll

Retaining top talent in 2025 means rethinking benefits. In a competitive job market, fertility benefits are more than just offerings - they are a commitment to your team’s well-being. Gain critical insights into the latest fertility benefits strategies that can help position your organization as an industry leader. Our expert will explore the unique advantages and challenges of each model, share success stories from top organizations, and offer practical strategies to make benefits decisions tha

Employee Wellness

3Sixty Insights

MAY 14, 2024

Lilith Christiansen is the founder and lead consultant with HumanGenuity and co-author of the best-selling book Success Onboarding. She focuses on programs and processes that help people thrive in organizations. In this HRTechChat, Lilith discusses her approach to successful onboarding, first impressions, employee experience, and manager enablement, while touching on how new technology can play a role in these.

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WEX Inc.

MAY 10, 2024

Key takeaways – 2025 HSA contribution limits 2025 HSA contribution limits will increase to $4,300 and $8,550 for self-only and family HSAs, respectively. 2025 HDHP minimum deductible and maximum out-of-pocket limits also are increasing. Health savings account (HSA) contribution limits are on the rise again in 2025. The IRS announced that 2025 HSA contribution limits will increase to $4,300 for self-only HSAs and to $8,550 for family HSAs.

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Employee Benefits

MAY 28, 2024

The Paternity Leave (Bereavement) Act 2024 has been passed into law to give working fathers and non-birthing partners automatic rights to immediate paternity leave if the mother dies. The Act, which received Royal Assent on the last day of the current Parliament on Friday 24 May, ensures that bereaved fathers or non-birthing partners will automatically get the right to day-one paternity leave if the mother, or a person with whom a child is placed or expected to be placed for adoption, dies.

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Workplace Insight

MAY 20, 2024

The pandemic radically changed the way we work and kick-started the proliferation of the hybrid model and widespread remote work. Now the picture has shifted once more, with headlines pointing to increasing return to the office policies introduced by organisations, with greater productivity and collaboration among their top reasons for doing so. Dubbed the year of the ‘Great Office Return’ by Virgin Media 02 Business Movers Index , 2023 saw four in ten companies mandating a return to the five-da

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Media IT 118

Advertiser: Paycor

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Employment

Employee Benefit News

MAY 1, 2024

Pairing AI with traditional mental health support can help employees stick to a routine that will improve their health and well-being.

Employee Benefits 120

Employee Benefits Healthcare 120

McDermott Will & Emery Employee Benefits

MAY 29, 2024

On April 15, 2024, the US Food & Drug Administration (FDA) announced the establishment of the Center for Drug Evaluation and Research (CDER) Center for Clinical Trial Innovation (C3TI). C3TI will serve as the central support hub for innovative approaches to clinical trials designed to improve the quality and efficiency of drug development and regulatory […] The post FDA Establishes CDER Center for Drug Innovation (C3TI) appeared first on EMPLOYEE BENEFITS BLOG.

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Food Employee Benefits Health and Welfare 105

3Sixty Insights

MAY 1, 2024

Complexity has traditionally been viewed as a negative disruption and a dominant rationale for why organizations do not achieve their strategic results. Simplification has been an overarching alternative theme and is often identified as the proposed solution for the organization but is this still the right choice given the advancements and potential as we engage with AI?

Consulting 119

Consulting Technology Management 119

Patriot Software

MAY 2, 2024

Are all of your employees eligible to receive overtime pay? Some employees are exempt from overtime pay and minimum wage laws. Exempt employee qualifications are determined by the Fair Labor Standards Act (FLSA). To run payroll correctly, you need to be familiar with exempt employees. What is an exempt employee?

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Overtime Payroll Human Resources 102

Speaker: Jeremy York

2024 has tested every organization, and 2025 promises no less - the warning signs are everywhere. If you’re relying on superficial approaches to diversity, you might find yourself scrambling to catch up. Thought diversity - the fuel for new ideas, fresh perspectives, and disruptive innovation - is more than a buzzword. It's a survival strategy. And if you’re not building it into your workplace culture right now , you’re heading for trouble.

IT

Employee Benefits

MAY 13, 2024

Employers should communicate with employees to understand what they need from a flexible benefits package. Benefits that are offered as part of a flex scheme need to add value. As employees’ needs can change throughout the year, more frequent benefits enrolment windows can provide greater flexibility and choice. Following the impact of recent trends in the world of work, such as the increase in hybrid and remote working, it has never been more apparent that, when creating a benefits package, one

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Workplace Insight

MAY 31, 2024

A new report from workplace technology provider Eptura suggests that employee-led hybrid working models and connected technology drive the highest returns for businesses. According to its first half 2024 Workplace Index report [registration], companies with hybrid working models in which employees can choose when to come to the office are seeing the most benefit.

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Technology Software Utilities Management 115

Employee Benefit News

MAY 22, 2024

Residing at the intersection of technology and healthcare, this simple approach is a testament to the possibilities that await when we dare to rethink traditional systems.

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Healthcare Technology 103

McDermott Will & Emery Employee Benefits

MAY 20, 2024

A legislative fix to surprise medical billing is not working the way lawmakers imagined it would work. According to this Politico Pro article, private equity groups are disproportionately benefiting from the No Surprises Act, and the law may inadvertently lead to higher health insurance premiums. Access the article. The post Surprise Medical Billing Law ‘Not Working the Way We Want It to Work’ appeared first on EMPLOYEE BENEFITS BLOG.

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Medical Health Insurance IT Insurance 105

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Amidst rising cancer prevalence and soaring costs, new cancer technologies and innovations are emerging to support the early detection, treatment, and surveillance of cancer. Read this guide to understand how to evaluate these solutions for your employees and members – and to learn more about the current state of coverage, clinical and cost effectiveness, and impact on quality and outcomes.

Technology