Sat.Jun 01, 2024 - Fri.Jun 07, 2024

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Five Ways for Women to Take Charge of their Financial Futures

Money Talk

I recently attended a webinar about women’s finances presented by the FINRA Investor Education Foundation in cooperation with the New York Public Library. The webinar began with a justification for focusing on financial planning for women. Among the statistics that were presented from various studies are the following: ¨ 37% of women have high financial knowledge (vs. 57% of men) ¨ 59% of women feel anxious about their finances (vs. 52% of men) ¨ 48% of women (vs. 40% of men) find it very or som

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Hot Paid Time Off Trends for the Summer

International Foundation of Employee Benefit Plans

As the school year draws to a close and temps heat up, folks across the country are starting to plan for summer fun! Whether you’re getting another passport stamp, sticking around for a staycation or taking a Friday afternoon off for a […] The post Hot Paid Time Off Trends for the Summer appeared first on Word on Benefits.

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Homeowner assistance as an employee benefit

Employee Benefit News

A benefits expert shares multiple ways employers can help workers afford good housing options.

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What are the HRA attestation requirements?

PeopleKeep

The qualified small employer health reimbursement arrangement (QSHERA) and the individual coverage HRA (ICHRA) are personalized health benefits that allow employers to reimburse their employees tax-free for their health insurance premiums and other out-of-pocket medical expenses. Employees must have a qualifying form of individual health insurance to participate in an ICHRA, but they can have any coverage that meets minimum essential coverage (MEC) to participate in a QSEHRA.

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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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Over 80% of employers plan on giving their benefits an upgrade in the next year

Employee Benefit News

Lively found that a majority of organizations will be focusing on financial wellness benefits in an effort to fight turnover.

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Research Note: The Value of Professional Employer Organizations as Strategic Growth Engines in Private Equity

3Sixty Insights

Myths and Misconceptions of PEOs and How They Can Bring Value to Businesses Private equity (PE) firms are laser-focused on maximizing profits with time-to-value standing as a key marker for successful portfolio investments. PE firms seek to engage with businesses that will deliver the high potential, performance, and revenue they look for to bring value to their investments.

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Idaho Withholding Tables Updated for 2024

PayrollOrg

The Idaho State Tax Commission has updated the withholding tables for 2024, due to a law change that lowered personal income tax rates. The revised withholding tables should be used going forward.

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4 ways to fend off cybersecurity threats

Employee Benefit News

These tips from cybersecurity expert Brian Vecci can help keep personal and professional information safe.

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UK gender pay gap falls by 0.4% over past year

Employee Benefits

The mean gender pay gap has fallen by 0.4% in the past year, from 12.2% in 2022/23 to 11.8% in 2023/24, according to research by PricewaterhouseCoopers (PWC). The professional services firm found that among UK employers that disclose their hourly gender pay gaps, the median hourly pay gap has decreased from 9.2% in 2022/23 to 9.1% in 2023/24. Since 2017, the mean gender pay gap has fallen by 1.6% from 13.4%.

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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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Anatomy of a Decision: Dayforce: A Solution for Multi-Jurisdictional Payroll Compliance Challenges

3Sixty Insights

What You Need to Know Location-based salaries have become a contentious topic recently as the global COVID-19 pandemic precipitated mass relocations. However, for human resources (HR) professionals, there is more to this topic than pay equity and differing costs of living. The compliance story becomes exponentially more complicated when varying locations are involved.

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Workplace AI usage is rocketing, but are people using it for the right things?

Workplace Insight

The latest Workforce Index from Slack claims there has been a significant rise in AI usage in UK workplaces. Since September 2023, there’s been a 66 percent increase, with an additional 18 percent jump since the beginning of 2024. This trend reflects growing enthusiasm among employees about the technology, with 44 percent of office workers saying they are ‘enthusiastic ‘about using workplace AI in their daily tasks.

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Being isolated at work can damage your career: 5 ways to be more social

Employee Benefit News

A recent survey from TopResume revealed that most people would rather not spend extra time with coworkers, but they should reconsider.

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Key Takeaways From the FTC’s Final Noncompete Rule: What It Means and Next Steps for Employers

McDermott Will & Emery Employee Benefits

During a recent webinar, Paul Hughes, Brian Mead and Katharine O’Connor shed light on pressing questions about the Federal Trade Commission’s (FTC) rule preventing all employers from using noncompete clauses. They explained the impact of the Final Rule on current noncompete agreements, examined the legal issues around enforcing a noncompete ban and ensuing litigation, and outlined what employers […] The post Key Takeaways From the FTC’s Final Noncompete Rule: What It Means and Next Steps f

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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.

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How does the QSEHRA work with Medicare?

PeopleKeep

As of March 2023, Medicare covers more than 65 million Americans, according to the >Centers for Medicare & Medicaid Services 1. If you're enrolled in Medicare or have several employees on Medicare, you may be wondering if it works with the qualified small employer health reimbursement arrangement (QSEHRA). In this article, we'll clarify how the QSEHRA works for employees who have Medicare in any form.

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London office market sees sharp decline in leasing activity

Workplace Insight

The London office leasing market kicked off 2024 with a significant downturn, according to a new report from Devono. After a strong end to 2023, leasing activity plummeted by 45 percent in the first quarter, with only 2.3 million sq ft of space leased. This falls short of the 5-year average for Q1 and marks the lowest total since late 2022. The report attributes the decline to a combination of economic factors, including a recent recession and rising inflation.

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A 5-point checklist for CAA compliance on Rx fiduciary oversight

Employee Benefit News

Definitive steps can be taken to strategically optimize pharmacy benefits in a way that balances cost with quality care.

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The 10 Best Employee Survey Tools for 2024

Vantage Circle

It's a daunting task for HR teams to keep employees pumped up and engaged these days. One powerful way to check their pulse is through Employee surveys. However with many employee survey tools out there, choosing the right one feels overwhelming. A top-notch employee survey tool needs to tick some big boxes. We're talking of simple interfaces for sharing honest feedback.

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Where You Can and Absolutely Cannot Cut Costs Corners in Benefits Administration

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.

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Revisiting Trade Secret Strategies Following the FTC Ban on Noncompete Agreements

McDermott Will & Emery Employee Benefits

On April 23, 2024, in a move that will have significant ramifications for employment contracts and intellectual property (IP) rights, the Federal Trade Commission (FTC) issued a rule banning all future noncompete agreements nationwide with limited exceptions. The rule marks a pivotal moment for trade secret protection and enforcement strategies as it promises to reshape the relationship […] The post Revisiting Trade Secret Strategies Following the FTC Ban on Noncompete Agreements appeared

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South Carolina Passes New EWA Law

PayrollOrg

South Carolina is the latest state to pass earned wage access (EWA) legislation. Learn more about the requirements taking effect this fall.

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How employers can rectify the LGBTQ pay gap

Employee Benefit News

According to the Human Rights Campaign, LGBTQ+ employees make 90 cents for every dollar a cisgender, heterosexual employee makes.

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Memorializing

Florida Workers' Comp

What do we remember? The recent long weekend marked the beginning of summer. So many see Memorial Day in that limited context. I, for one, see it as the end of Respite Season and the beginning of the long and monotonous hurricane watch that is our tropical Florida reality. I once complained to an audience that there should be a holiday to commemorate the end of hurricane season.

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4 HR Priorities for 2025 to Supercharge Your Employee Experience

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.

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Signs of Burnout at Work and What to Do about It

BetterUp

Burnout is a relatively new term for a relatively common experience. Coined in 1974 by psychologist Herbert Freudenberger , it’s more than just feeling a little “stressed out.” Left unchecked, burnout can show up as physical, mental, and emotional illness — and can have some pretty devastating impacts down the road. But what is burnout, what causes it, and how can you deal with it?

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Compliance TV: Social Security Trustees Project $174,900 Wage Base for 2025; IRS Announces HSA Limits for 2025; and more

PayrollOrg

In this June 2024 edition of Compliance TV: Social Security Trustees project $174,900 wage base for 2025; IRS announces HSA limits for 2025; and more.

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Color Health brings skin and breast cancer screenings to the office

Employee Benefit News

Early detection of cancer is essential for better health outcomes, and is easier to access than ever.

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10 Best HR Database Software in 2024

HR Lineup

In the dynamic world of human resources management, having the right tools can make all the difference. As we venture into 2024, the demand for efficient HR database software continues to soar. These software solutions streamline various HR processes, from employee data management to performance tracking and beyond. In this article, we’ll explore the top 10 HR database software options for 2024, each offering unique features and functionalities to meet the diverse needs of modern organizat

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HR’s Blueprint for a Successful 2025

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.