Sat.May 06, 2023 - Fri.May 12, 2023

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Hyper-personalizing compensation and benefits: 5 actions to take

Achievers

Hyper-personalization is everywhere these days, and the workplace is no different. Today’s employees need to be recognized as individuals in order to thrive, do their best work, and remain engaged. And HR leaders understand that a one-size-fits-all approach to compensation and benefits doesn’t best serve their people, or the organization. Progressive employers are embracing an approach to benefits that’s hyper-personalized, leveraging rewards regarded as high value to their workforce.

Bonuses 227
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13 FSA and HSA eligible expenses that may surprise you

Employee Benefit News

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The Rise of Gender-Affirmation Health Care Benefits

International Foundation of Employee Benefit Plans

Gender-affirmation health care benefit offerings have been on the rise over the past seven years, according to survey data from the International Foundation. Up from 12 percent in 2016, 30 percent of U.S. employers now offer the benefit. I spoke with Julie […] The post The Rise of Gender-Affirmation Health Care Benefits appeared first on Word on Benefits.

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Compliance TV: IRS Data Affirms Payroll's Vital Role in Nation's Tax System

PayrollOrg

In this edition of May 2023 Compliance TV: IRS Data Affirms Payroll's Vital Role in Nation's Tax System; SSA Releases Tax Year 2023 W-2 Electronic Filing Specs; IRS Said 2024 Form W-2 Will Not Be Redesigned; DOL Publishes Report on UI Trust Fund Solvency, and more.

Taxes 200
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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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Why menopause support is a trending workplace benefit

Employee Benefit News

More Trending

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How SFA Rules Impact Annual Funding Notice Requirements

International Foundation of Employee Benefit Plans

The American Rescue Plan Act (ARPA) of 2021 authorized special financial assistance (SFA) through the Pension Benefit Guaranty Corporation (PBGC) to eligible severely underfunded multiemployer plans. ARPA added section 4262 to Title IV of the Employee Retirement Income Security Act (ERISA). The multiemployer plans […] The post How SFA Rules Impact Annual Funding Notice Requirements appeared first on Word on Benefits.

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7 strategies for effectively managing remote employees

Achievers

Managing remote employees has become an essential skill for people leaders as they adapt to the new normal. Remote work offers many benefits, such as increased productivity, improved work-life balance, and lower overhead costs. And many of the key strategies for effective management remain the same for in-office and remote workforces alike. Whether it’s providing frequent recognition, listening to employee feedback, or working to build a sense of community among team members, these techniques pa

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HR and benefits leaders must lean on data, tech and finance to drive workplace decisions

Employee Benefit News

Finance 246
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How to position group risk benefits to support long-term health issues

Employee Benefits

Communicating the value of group risk products and the areas in which they protect staff is key. Group risk schemes often offer added services that can further support staff. Early intervention can increase return-to-work rates following a long-term health issue , so it is key to communicate who staff can contact and when. Group risk benefits can help employees deal with many conditions, but employers should consider how best to promote them in order to support those with long-term health issues

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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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Maryland Delays Paid Family and Medical Leave Program

PayrollOrg

The rollout of Maryland’s family and medical leave program is delayed by one year, including employer withholding and employee benefits. Employers must begin withholding for the program on October 1, 2024.

Medical 260
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Recruitment Process Outsourcing (RPO): A Complete Guide for Recruiters

HR Lineup

Recruitment Process Outsourcing (RPO) is a strategic practice that involves outsourcing all or part of an organization’s recruitment process to a third-party provider. The RPO provider serves as an extension of the organization’s recruitment team and takes responsibility for managing the recruitment process, including sourcing, screening, and hiring candidates.

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Half of employees have lied about the reason for their mental health day

Employee Benefit News

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Barbservations from Three Retirement-Focused Webinars

Money Talk

I recently attended three webinars related to retirement planning. One discussed required minimum distribution (RMD) rules, the second, retirement planning in general, and the third, the FIRE ( F inancial I ndependence, R etire E arly) movement. Below are eight key take-aways from these programs: Simple RMD Description - The IRS wants their cut of your retirement savings that they have been waiting to take for decades.

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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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DHS Extends Date to Physically Check Documents to August 30

PayrollOrg

The U.S. Department of Homeland Security (DHS) said employers will have until August 30 to conduct remaining physical document examinations for Form I-9.

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Structured Interview: Everything You Need to Know

HR Lineup

When it comes to hiring, there are various methods and techniques used by recruiters and hiring managers to evaluate the candidate’s fit for the job role. One such method is the structured interview. A structured interview is a standardized method of interviewing job applicants with predetermined questions, rating scales, and evaluation criteria. The aim is to ensure that all candidates are evaluated using the same criteria, eliminating potential biases, and increasing the validity of the hiring

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What's the future of retirement? Advisers break down 'non-traditional' assets

Employee Benefit News

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12 Experts Weigh In On Why You Need An Employee Handbook

Genesis HR Solutions

We’ve talked about the importance of an employee handbook from our perspective, but we thought it would be interesting to hear directly from CEOs, business owners, and HR managers about how employee handbooks have made a difference at their companies. Check out their perspectives below—you’ll likely find something that surprises you! Unfortunately, most employers don’t have a handbook that thoroughly addresses the processes and activities of their employees.

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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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Gi Group promotes group risk benefits that support long-term health issues

Employee Benefits

Recruitment firm Gi Group offers group risk products to support its employees experiencing a range of health conditions that affect both their mental and physical health. The group, which employs more than 650 members of staff, offers life assurance at four times employees’ basic salary from day one of employment, critical illness insurance, a health cash plan and private medical insurance, through which employees can access a 24/7 GP.

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Mobile Recruitment 2023: A Definitive Guide

HR Lineup

In today’s digital world, mobile devices are an essential part of our lives. According to Statista, there were 3.8 billion smartphone users in 2021, and the number is expected to grow to 4.3 billion by 2023. With the increased use of mobile devices, mobile recruitment has become an integral part of the hiring process for many organizations. In this definitive guide, we will discuss the importance of mobile recruitment, the benefits it offers, and how you can leverage it to attract and hire

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To create financial wellness for employees, lead with inclusion

Employee Benefit News

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3 Ways to Boost Women’s Financial Literacy and Wellbeing

Best Money Moves

3 ways to help boost women’s financial literacy and wellbeing. Female employees face disproportionate financial hurdles. Here are 3 ways to help boost women’s financial literacy and wellbeing. Money stresses out most people. Women, however, worry about money more than men. In fact, women have lower levels of financial literacy and wellness compared to men, according to a TIAA report.

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10 HR Metrics for 2025: HR Data Toolkit

The right HR metrics can illuminate hidden trends, justify decisions to the C-suite, and give you an edge in this unpredictable economy. Download Paycor’s guide and learn how to calculate your: Cost-per-Hire Total Financial Impact of Absences Voluntary Turnover Rate And more!

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Seventh Circuit Affirms Discretion Over Who Gets Severance Benefits

Proskauer's Employee Benefits & Executive Compensa

A recent Seventh Circuit decision affirms the principle that an ERISA severance plan can reserve to the employer discretion over who is eligible for severance benefits. The case is Carlson v. Northrop Grumman Severance Plan , No. 22-1764, __ F.4th __, 2023 WL 3299703 (7th Cir. May 8, 2023). The case involved former Northrop Grumman employees who were laid off in 2012 and claimed a right to severance under Northrop Grumman’s severance plan.

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How to Use ChatGPT to Enhance HR Processes

HR Lineup

Human resources (HR) is an integral part of any organization. It is responsible for managing the most critical resource of a company- its employees. HR processes include recruiting, onboarding, training, performance management, employee engagement, and retention. With the advancement of technology, HR processes have also evolved. Artificial intelligence (AI) is becoming an essential tool in HR, allowing organizations to streamline their processes, increase efficiency, and enhance decision-making

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A starter guide to retirement: 5 steps toward a secure future

Employee Benefit News

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How to develop a culture of quiet thrivers

TLNT

We all know that ‘quiet quitting’ has become something of a workplace buzzword.

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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.