Employee Benefit News
DECEMBER 3, 2024
Changes to the workforce extend beyond just the influx of new talent but also into what benefits employees value most, forcing employers to continually adapt.
Achievers
DECEMBER 13, 2024
Employee onboarding is where first impressions are made, and the foundation for success is built. But its not just about handing over a welcome packet and introducing a few team members. A truly great onboarding experience does much more than simply welcome new hires it gives them the tools, confidence, and sense of belonging they need to truly thrive.
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HR Lineup
DECEMBER 4, 2024
In the recruitment industry, firms use different pricing models to charge their clients for services. One of the most common structures is the retainer fee model, which offers many advantages for both clients and recruiters. Understanding how retainer fee structures work, their benefits, and best practices can significantly enhance the recruitment process for companies looking to hire top talent.
Employee Benefit News
DECEMBER 17, 2024
Artificial intelligence is doing more than just sifting through hundreds of resumes. It can now predict when an employee needs to access a benefit.
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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.
Achievers
DECEMBER 19, 2024
Did you know that for entry-level positions, turnover costs range from 30% to 50% of the employees annual salary ? Or that for mid-level roles, its 125% to 150%, and for high-level or specialized positions, the cost soars to an eye-popping 400%? Beyond the financial hit, high attrition drains morale, disrupts workflows, and impacts overall productivity.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
Money Talk
DECEMBER 27, 2024
As 2024 winds down next week, its time for my final quarterly summary of take-aways from recent personal finance classes, conferences, and webinars that I attended. Below are some nuggets that you might find useful in your personal financial planning: Offense and Defense- Financial offense involves earning money from one or more sources (e.g., paycheck, interest).
Flimp Communications
DECEMBER 5, 2024
Whether your HR team is aiming for higher HDHP enrollment, greater wellness program utilization, or improved benefits literacy, achieving your goals in 2025 will invariably depend on your company’s employees learning something and, crucially, retaining that knowledge throughout the year. But 2025 promises to be another hectic year for your employees, at work and home, with no let up to the constant bombardment of messaging and demands.
WEX Inc.
DECEMBER 2, 2024
The transition from paper check processing to virtual card payments can be daunting. This is why we’ve created a five-step guide to making the transition as efficient and seamless as possible. The value of running a supplier analysis before virtual card adoption The first thing we do with customers when they’re considering moving away from paper checks to a virtual card payments technology is to analyze the suppliers with whom they are currently doing business.
Employee Benefit News
DECEMBER 31, 2024
Creating a supportive environment for employees in recovery has a major impact on businesses and the national economy.
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.
Achievers
DECEMBER 18, 2024
How can hearing from all angles supercharge your recognition and rewards efforts? The answer lies in 360-degree feedback a powerful tool that gathers insights from an employees peers, managers, and direct reports to create a well-rounded view of performance. This comprehensive feedback model is fast becoming a cornerstone of modern employee engagement strategies.
PayrollOrg
DECEMBER 16, 2024
Effective January 1, 2025, the Indiana Department of Revenue revised Departmental Notice No. 1 to reflect that six counties have income tax rate increases.
HR Bartender
DECEMBER 15, 2024
Estimated reading time: 5 minutes Ive noticed that in a few of my recent articles I mentioned projects that might be perfect for the end of the year. So, I thought today might be a good time to expand on the idea and share ways to be productive during the last two weeks of the year. Before I became a consultant, I often worked during the final two weeks of the year.
Flimp Communications
DECEMBER 10, 2024
As year-end draws closer, countless employees unknowingly leave money on the tablemoney theyve set aside for healthcare through their Flexible Spending Accounts (FSAs). For employees, it means paying out of pocket for expenses that could have been purchased with pre-tax dollars. For HR teams, its a missed opportunity to strengthen their benefits communications and reinforce their commitment to employee wellness.
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.
HR Digest
DECEMBER 18, 2024
Kickstarting a new pilot program at select locations, Walmart employees are now testing body cameras as a new security measure against rising threats faced in-store. Walmart isnt the first retailer to begin testing body cameras as a safeguard against theft and violence, but it is one of the largest in the country to do so. Shoppers have grown more brazen with their attitude against store employees and with the holiday season here, tempers are even higher.
Employee Benefit News
DECEMBER 24, 2024
EBN looks at some of our biggest wellness stories of 2024, and how they can help benefit leaders tackle 2025.
WEX Inc.
DECEMBER 3, 2024
Medical flexible spending accounts (medical FSAs) are use-or-lose accounts. There are limits as to whether (or how much of) your employees’ FSA funds can be carried over into the next plan year. How well do your employees understand their FSA’s plan rules? If they don’t, they could risk forfeiting funds to the plan. And any forfeiture of funds would create a negative experience for them that may discourage future FSA participation, hurting their ability — and your ability — to save money.
PayrollOrg
DECEMBER 5, 2024
Learn which states have released their state unemployment insurance (SUI) taxable wage bases for 2025 in a chart provided and updated by PAYO.
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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
Best Money Moves
DECEMBER 4, 2024
About 7 in 10 US employees say they’re stressed about money, per PNC’s 2024 Financial Wellness in the Workplace report. However, not all employees face the same financial woes. Younger generations tend to worry about affording monthly expenses, whereas Baby Boomers tend to worry about if — and when — they can afford to retire. Engaging a multi-generational workforce can be difficult.
InterWest Insurance Services
DECEMBER 5, 2024
New guidance issued by the IRS expands the types of preventive care benefits that high-deductible health plans are required to cover with no out-of-pocket costs on the part of plan enrollees. The changes are aimed at reducing out-of-pocket costs for diabetes-related expenses, certain cancer screenings and contraceptives. The guidance, released in two notices — N-2024-71 and N-2024-75 , — can result in real savings for Americans.
HR Digest
DECEMBER 17, 2024
With Netflixs parental leave policy on shaky grounds , Starbucks parental leave policy is now offering to provide industry-defining benefits to employees by doubling the leave allowance currently available to workers. On a mission to make Starbucks the Best Job in Retail, the company has decided to expand its leave policy after employees indicated that its current 6-week program was insufficient for them.
Employee Benefit News
DECEMBER 24, 2024
By taking a more active role and partnering with the right brokers, companies can offer better options at a lower cost.
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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.
Patriot Software
DECEMBER 18, 2024
If you have nonexempt employees, you have to pay them overtime wages whenever they work overtime hours. In each pay period, you need to track employee time worked. Then, at the end of the pay period, you will calculate employee compensation. You will also have to withhold employment taxes.
PayrollOrg
DECEMBER 19, 2024
Effective January 1, 2025, employers in Delaware and Maine must begin making contributions to state paid family and medical leave programs. Employers in Maryland will have new contributions due in July.
HR Lineup
DECEMBER 20, 2024
Executive search is a critical function in organizations, identifying and recruiting top-tier talent for senior leadership roles. With the rapid advancement of Artificial Intelligence (AI), this field is poised for transformative change. From improving candidate sourcing to enhancing decision-making, AI is reshaping the way executive search firms and organizations operate.
BetterUp
DECEMBER 18, 2024
If youre searching for the difference between cognitive bias vs. unconscious bias, chances are you realize you may not be as immune to bias as you hoped.
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Managing ACA compliance is a major headache, especially in industries with complex schedules and regulations. Errors can lead to fines, legal battles, and strained employee relationships. Ways to Avoid Penalties & Fines: Non-compliance with Hours of Service (HOS) or misclassifying employees can lead to fines and legal issues. We offer tools to avoid these penalties and ensure regulatory alignment.
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