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.

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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.

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We’re Here to Help! How to Navigate Your Top HR Priorities

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

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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

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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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4-Week Roadmap for New Hires

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.

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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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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.

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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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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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How to Make The Best Benefits Decisions for 2025's Workforce: An HR and Total Rewards Guide

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

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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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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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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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When extroverts and introverts collide – new lessons in conflict

TLNT

In most workplaces today, it has (quite rightly) become the accepted norm that there can be no room for certain types of conflict – that is anything which constitutes bullying, or any conflict which borders on being discriminatory or that resembles harassment.

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Reduce Bias in Hiring: Structured Interview Questions for Employers

Structured interview questions are a valuable tool for reducing bias in hiring. They help: Ensure all candidates are asked the same questions in the same way Level the playing field so all candidates have a fair chance of being successful Improve credibility, reliability, and validity Download the guide to get the most out of your interview questions!

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DEAF AWARENESS WEEK: MAKING THE WORKPLACE MORE ACCESSIBLE

Employee Benefits

The 1 st to 7 th May is Deaf Awareness Week, a campaign that promotes awareness of the challenges faced by the D/deaf community in accessing communication and the barriers that exist in society. During this blog, we’ll explore the barriers and struggles that exist for D/deaf community in the workplace. However, before we get into the finer details, it’s worth ensuring that employers and colleagues understand the correct terms to ensure language is inclusive and non-discriminatory.

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Data brokers could be mining employee data, the CFPB isn’t happy

Business Management Daily

Data brokers are already in your workplace, surveilling your employees and selling what they gather, whether you know it or not. And we’re not the only one who thinks there’s a creep factor here. The Consumer Financial Protection Bureau recently published a request for information regarding data brokers. The Federal Trade Commission recently dinged a digital healthcare platform for sharing consumers’ sensitive health information for advertising purposes.

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Incorporating 160 Effective Performance Phrases in Your Performance Appraisal Review Templates

HR Digest

The process of conducting a performance appraisal can be a daunting task for many managers and HR professionals. It involves assessing an employee’s strengths and weaknesses, setting goals, and providing feedback on their performance. While it’s easy to fall into the trap of using generic phrases and templates, truly effective performance reviews require a personalized touch.

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How to Implement Manager Enablement to Boost Employee Engagement

15Five

A healthy manager and employee relationship is essential for any business. A good manager will take the time to understand what makes their direct reports tick and form deep connections that focus on getting the best out of their employees. But what happens to employee engagement when there’s trouble in this relationship? Employee engagement affects just about every important aspect of your organization, including revenue, customer experience, and retention.

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Transform Employee Wellbeing and Control Costs Through Data-Driven Strategies

In today's dynamic business environment, HR leaders face immense pressure to optimize costs while maintaining a competitive edge to attract, retain and engage their workforce. Gallagher can help you meet that challenge head-on. Our proprietary data and people analytics platform, Gallagher Drive ® , provides the elevated insights you need to make impactful program decisions that are aligned with your organizational goals and set your strategy up for long-term success.

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Why musculoskeletal support should be a priority for employers

Employee Benefits

Repetitive movements, using a computer, poor posture and sitting at an inadequate desk without back and neck support can lead to poor musculoskeletal health and related sickness absences. Acute back pain, for example, becomes chronic after 21 days, which can significantly impact an employee’s physical and mental health, and their ability to work. Organisations need a wellbeing strategy that enables them to identify the causes of workplace ill health, intervene early and provide specialist suppor

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How HR Technology Is Revolutionizing Total Rewards Strategy

Darwinbox

A robust total rewards strategy is not only key to engaging and retaining the existing talent but is esse ntial for attracting top talent as well. However, most organizations are still dependent on spreadsheets and manual processes – which is not only cumbersome but also less than effective. Read this article to find out why organizations need to adopt a tech - first approach to planning a total rewards strategy.

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Recruiting Strategies for Today’s Job Market: Best Practices for Employee Recruitment

HR Digest

Recruiting has become increasingly challenging in today’s job market. As unemployment rates continue to decrease, companies are facing tough competition in attracting and retaining top talent. The need for effective recruitment strategies and hiring best practices has never been more crucial. In this guide, we will cover the latest trends in recruiting and offer practical tips and strategies for HR professionals to attract and retain the best talent in today’s competitive job market.

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4 Tips for Performance Management in Matrix Style Organizations

15Five

Running a matrix management structure and feel like your performance management could use a boost? Unfortunately, there’s never one clear answer to improving employee performance, and a matrix structure is often confusing. But by understanding the challenges of running a matrix organization and following our recommendations for better performance management, you and your employees will feel more aligned, connected, and functional.

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The Diversity Reckoning: Can HR Survive Without New Perspectives?

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.