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Remember when companies thought they could get away by offering a basic health plan and call it a day when it came to employee benefits. But not anymore! The modern workforce wants more. They want flexibility, purpose, financial wellness, and a workplace that values them beyond the 9-to-5 grind. Companies that think free snacks and a 401(k) match are enough?
In 2025, salaries alone no longer define an attractive employment offer. Employers are increasingly turning to fringe benefits. What are fringe benefits? It those often-overlooked extras that can make or break a companys ability to attract and retain top talent. But what exactly is the meaning of fringe benefits, and why do they matter? This article unpacks the fringe benefits definition, explores their types and examples, and offers a clear overviewincluding tax implications and practical guida
For decades, the nations public sector workers have borne the quiet indignity of reduced Social Security benefits. Arcane rules like the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) slashed their Social Security checks. All that changed on January 5, 2025 when the current administration signed the Social Security Fairness Act (SSFA) into law.
As businesses scale, their HR and benefits administration must evolve with them. Yet, many companies still rely on outdated, manual processes that create inefficiencies, compliance risks, and disengaged employees. The question is no longer whether companies should modernize their benefits administrationits how quickly they can make the shift to avoid costly mistakes and lost opportunities.
What if your benefits strategy could be more than just inclusive—what if it could actually bring your team closer together? In today’s evolving workplace, employees span a wide range of life stages, work arrangements, and cultural perspectives. That’s why offering one-size-fits-all benefits just doesn’t cut it anymore. It’s time to reimagine how we support our teams.
If you have landed on this blog, I am going to assume that you have a fair bit of idea about company culture. Maybe you have already started working on building a thriving culture that fuels collaboration, productivity, and retention. Perhaps you haven't quite figured out the part where you measure your company's culture. Well, you have come to the right place.
There are many ways companies can handle skyrocketing health insurance costs while maintaining competitive benefits packages such as considering copayment and deductibles, encouraging preventative care, or removing overpriced providers from their provider lists. This Pacific Prime article provides a number of cost-containment measures to help employers contain their health insurance costs while ensuring they can.
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Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
There are many ways companies can handle skyrocketing health insurance costs while maintaining competitive benefits packages such as considering copayment and deductibles, encouraging preventative care, or removing overpriced providers from their provider lists. This Pacific Prime article provides a number of cost-containment measures to help employers contain their health insurance costs while ensuring they can.
In today’s fast-paced business environment, managing human resources effectively is more crucial than ever. Companies are looking for ways to streamline HR processes, reduce administrative burdens, and enhance employee experience. A unified HR solution integrates various HR functionsrecruitment, onboarding, payroll, benefits management, performance tracking, and complianceinto a single, centralized platform.
For many working women, returning to the office after childbirth can bring a mix of nerves and excitement. One aspect that employees often forget to address is supporting the breastfeeding and pumping needs of mothers at work. A well-defined lactation break policy not only helps ensure compliance with laws like the FLSAs Pumping at Work provisions but also fosters a supportive environment for new moms.
As the workforce ages, retirement is becoming a more complex and emotionally significant transition. For many employees, retiring marks not only a change in benefits and income but also a shift in identity, community, and purpose. This webinar explores how HR professionals can support aging and retiring employees through a trauma-informed lens—one that recognizes the emotional and psychological dimensions of leaving the workforce.
I've spent years studying what truly keeps employees engaged , and the answer often surprises companies. While competitive salaries matter, they're rarely the whole story. Think about your own career experiences for a second - A thoughtful acknowledgment from leadership, The flexibility to balance your work and personal life, Opportunities to grow professionally These moments carry no price tag yet create lasting impact.
The season for filing taxes is upon us once again. We’re getting closer to the deadline for filing for 2024. We wanted to share a few tips and reminders about the health savings account (HSA) information youll need for your tax return. These will help you get organized and prepared for easy and successful filing. 1. Make sure your W-2 form shows HSA payroll contributions Provided by your employer, your W-2 shows the wages you earned and any taxes withheld.
Role mapping is a critical process in Human Resources (HR) that helps organizations align employee roles with business objectives. It ensures that employees have clearly defined responsibilities, competencies, and career paths. By mapping roles effectively, businesses can enhance workforce efficiency, streamline recruitment, improve training, and drive overall organizational success.
Before you can achieve success, you have to define it. Objectives and Key Results (OKRs) give you the framework to do just that. Paycor’s free guide includes a step-by-step process leaders can use to work toward – and achieve – their loftiest business goals.
Weve watched the buzz around the “No Tax on Overtime Bill” grow louder in 2025. Its a topic that has HR professionals, payroll managers, and hourly workers leaning in close. After all, who wouldnt want a little extra cash from those late-night shifts without Uncle Sam taking a bite? The question on everyones mind is: When does the No Tax on Overtime Bill pass in 2025?
I still recall the day when my manager insisted I attend a boardroom meeting with him. I was surprised at first, but then I joined the meeting. The agenda was about increasing the budget for our employee recognition program. The Chief HR was trying to justify why there should be a budget increase. However, with his skeptical look, the CFO asked, "Do we really need to spend more on this?
Employers that have decided to offer their staff individual healthcare reimbursement accounts to purchase health insurance on their own have been encountering administrative headaches. Simply tracking whether workers in an ICHRA plan have secured coverage can be complicated, but employers need to contend with other compliance issues too. As a result, more firms have turned to third party plan administrators or insurers to simplify enrollment for ICHRAs, which adds to the costs of administering t
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.
Employee rewards programs are essential for boosting morale, increasing engagement, and fostering a productive work environment. In 2025, companies are prioritizing innovative and customizable rewards systems to cater to a diverse workforce. Whether you’re looking for monetary incentives, peer recognition, or experiential rewards, theres a system designed to meet your needs.
The idea of no tax on overtime has brought relief among workers who clock beyond the standard 40-hour work week. It comes as a golden opportunity to keep every hard-earned penny without the federal government taking a slice. Its not here yet, but as of today, i.e. March 1, 2025, its more than just chatter. Its a plank in the House Budget 2025 backed by the current administration.
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.
Balancing civility with organizational pressures Our goal is to solve the talent shortage while working in the pressure cooker of organizational life. Now that we have built a workforce, we need to keep it. We need to be authentic and transparent with each other, which brings me to the issue of civility. I was raised in a polite familyaware of others needs and feelings, diplomatic, and civilsometimes maybe too much so.
Benefits administration (ben admin) technology platforms are often miscategorized as merely enrollment systems. As a result, the innovation focus has primarily been on the employee annual enrollment experience. But now, thanks to artificial intelligence (AI), ben admin technology providers are bringing year-round value and efficiency to both HR administrators and their employees.
If youve ever felt overwhelmed trying to understand your benefits specifically your health insurance, youre not alone. Between the acronyms, the fine print, and the seemingly endless rules, navigating health coverage can feel like a full-time job. But beneath the complexity lies an important truth: many of these layers exist to protect you the employer and the consumer and to keep the system fair and accountable.
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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