International Foundation of Employee Benefit Plans
MAY 3, 2022
Over the past several years, May 4 has skyrocketed in popularity as Star Wars Day—as in, “May the Fourth be with you.” In honor of May the Fourth, we thought it. Read more > The post In a Benefits Plan Far, Far Away appeared first on Word on Benefits.
Best Money Moves
MAY 4, 2022
High-earning employees need financial help, too. A six-figure salary doesn’t always translate to financial security. Here are 4 ways high-earning employees can benefit from financial wellness programs. It’s a common misconception that a six-figure salary always translates to financial security and that high-earning employees have no need for financial wellness benefits.
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Money Talk
MAY 5, 2022
This post is excepted from an article that I wrote for my brother Michael's website about preparing for a road trip during these challenging financial times with rising food, gas, and travel expenses. My brother Michael, a professional photographer and avid motorcyclist, started the website Roadcraft USA to share his passion for beautiful scenery and fun and interesting road trips, especially the two-wheeled kind.
Achievers
MAY 2, 2022
Employers everywhere are familiar with the Great Resignation. The elevated quit rate among employees that began in 2021 is affecting organizations across industries. The Great Resignation is partially a response to the opportunity the pandemic gave employees to evaluate their job and its effect on their personal well-being, together with the new power employees have in a tight labor market.
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.
Business Management Daily
MAY 5, 2022
Retirement security, or insecurity, has caught the eye of Labor Secretary Marty Walsh. He’s right. Fewer employees are covered by traditionally defined benefit plans. DB plans are retirement plans. The plan sponsor, most likely the employer, bears all the investment risk and pays you a fixed amount every month until you die. It’s a good deal, if you can get it.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
Proskauer's Employee Benefits & Executive Compensa
MAY 5, 2022
The Sixth Circuit, in a matter of first impression for that Circuit, held an arbitration clause contained in an individual employment agreement did not apply to ERISA fiduciary breach claims brought on behalf of a defined contribution plan. The case is Hawkins et al. v. Cintas Corp. , No. 21-2156, __ F.4th __, 2022 WL 1236954 (6th Cir. 2022). Plaintiffs, former Cintas Corp. employees, sued the company and its investment committee under Section 502(a)(2) of ERISA on behalf of its 401(k) plan, al
HR Digest
MAY 2, 2022
“What is your biggest strength?” is a common interview question that most of us have encountered during a job interview. Many candidates are stumped when it comes to answering this question. Establishing the appropriate context and being honest and professional are the best ways to respond. It’s critical that your skills complement the job description.
15Five
MAY 5, 2022
While the topic of neurodiversity in the workforce is becoming more widely discussed, it’s still a relatively new concept for many DEI and HR practitioners. In honor of April being Autism Acceptance Month, the 15Five team hosted a webinar for our HR Superstars Community called “Demystifying Neurodiversity.” . The talk was hosted by 15Five’s Sr. VP of Community, Adam Weber, and featured an all-star panel that included Cara Pelletier, 15Five Sr.
Workplace Insight
MAY 6, 2022
Quoting George Orwell is the kind of thing that people who haven’t read George Orwell do. I have read Orwell, and even have a drunken story about Paul Shane signing my copy of the Collected Essays, which was the only autograph-able material I had on me at the time I met him in a pub in about 1990. For another time. In Nineteen Eighty-Four, Orwell describes Winston Smith’s realisation that the best books are those that tell you what you already know.
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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.
BerniePortal
MAY 6, 2022
As organizations begin re-evaluating their benefits plans in hopes of saving more money, they will need to consider all options. The rising costs associated with healthcare benefits have only added further pressure to this search for better solutions. One factor that can affect the cost of premiums is auto-adjudication. Understanding auto-adjudication can help employers make better financial decisions for their organization.
PeopleKeep
MAY 4, 2022
As a household employer, providing your nanny or caregiver with competitive wages and a robust benefits package is essential. While not required, employee benefits show that you consider your nanny’s health and wellbeing a top priority. Offering benefits helps you attract and retain the perfect nanny to provide care for your loved ones. Not to mention they help your nanny avoid burnout, make their job more enticing, and encourage them to stick around for the long haul.
Wellable
MAY 4, 2022
In a conversation with HealthLeaders, UnitedHealth Group (UHG) Chief Medical Officer Donna O'Shea discussed the jaw-dropping utilization of telehealth in 2021. Based on findings from an internal report, she stated there were 28 million telemedicine visits in 2021, of which 14 million were for behavioral health.
Workplace Insight
MAY 4, 2022
The UK Green Building Council (UKGBC) has published a guide that calls on businesses to retrofit the country’s poorly performing stock of commercial buildings. From 2025, every commercial building in the UK will require an energy performance certificate (EPC) which rates its energy efficiency from grade A to G. The Government is seeking to strengthen these standards and has proposed that all commercial properties being let have a minimum EPC rating of at least ‘B’ by 2030 and i
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.
The Olson Group
MAY 2, 2022
With the job market being so competitive… How many job interviews are too many?? What is the right number of interviews? This is a burning question as recruiters continue to face challenges in the second year of an unprecedented labor market. Everyone wants the best candidates possible and to be confident in our hiring decisions. It sounds a little silly, but there is such a concept of too many interviews.
BerniePortal
MAY 3, 2022
Attracting top talent has become increasingly difficult for organizations with too many open positions and too few candidates to fill them. This imbalance has caused competition, leading employers to offer more extensive benefits packages. As a result, one benefit that has been growing in popularity is egg-freezing. In-vitro fertilization treatments and egg-freezing benefits have increased dramatically in the past year.
Wellable
MAY 2, 2022
The pandemic forced the world to run a collective field experiment in remote work. By and large, the results were surprisingly positive. Several studies found remote work results in higher productivity, job satisfaction, recruitment, and retention.
Workplace Insight
MAY 4, 2022
We’ve seen more talk of the glass ceiling in recent years than for some time, and part of the explanation is the way we’re creating false career ladders within businesses which don’t need to be there and don’t really lead anywhere. We are seeing companies trying to retain people in a time of skills shortages and one of the ways they are going about it is to accelerate ‘promotions’ within organisations for individuals to encourage them to stay.
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
MAY 1, 2022
With the exception of sexual harassment in the workplace , gender pay gap remains one of the most debtable topics when it comes to men and women at work. It’s pretty unfortunate that women who hold full time-time jobs still earn 79 cents for every dollar that men with full-time jobs earn ( U.S. Census Burea u). This gap widens as we traverse race and ethnicity – African-American and Latina women earn 64 cents and 56 cents respectively, for every dollar that white, non-Hispanic men earn.
McDermott Will & Emery Employee Benefits
MAY 3, 2022
On April 19, 2022, the US Departments of Labor, Health and Human Services, and the Treasury (collectively, the Departments) released Frequently Asked Questions (FAQs) regarding the implementation of certain reporting provisions of the Affordable Care Act (ACA). The FAQs were released to provide clarity on the required drug price disclosures identified in the Transparency in […].
Kollath CPA
MAY 3, 2022
Do you always have the necessary products available when you need them? Have you lost out on business because items were out of stock? Have you lost money due to excess stock? If any of these predicaments are true for you and your business, you may need to take a closer look at your system and how to manage inventory. What are some basic inventory management techniques?
Workplace Insight
MAY 1, 2022
The UK economy has a problem with its over 50s: following the COVID pandemic, they have been leaving the labour force en masse , causing headaches for businesses and the government. Roughly 300,000 more workers aged between 50 and 65 are now “economically inactive” than before the pandemic, leading a tabloid paper to dub the problem the “ silver exodus ”.
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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
PeopleKeep
MAY 5, 2022
Many Americans aren’t taught financial literacy or planning in school. This has led to an increase in financial illiteracy across the country. According to Standard Poor’s Global Financial Literacy Survey , only 57% of adults in the United States are financially literate. This lack of financial education and America’s rising personal debt for student loans, car repairs, and medical bills have left many in a bind.
BerniePortal
MAY 5, 2022
If you have hourly employees, you know how important it is to keep an accurate record of employee hours to maintain compliance and run payroll. On paper, this is challenging, and it has traditionally created a significant administrative burden for the HR department. As a result, more and more employers are taking their HR administration online , including time and attendance tracking.
Vantage Circle
MAY 2, 2022
Memorial Day is usually considered the unofficial start of summer when everyone starts to plan for long trips or family outings. However, it is much more important than celebrating the start of the summer. It’s a time to honor the military personnel who laid down their lives while serving the military. And if you are planning to celebrate it in the workplace, then this article will assist you in providing some fantastic memorial day ideas for work.
Workplace Insight
MAY 3, 2022
Behind every successful business strategy is a talented and motivated workforce that is ready to apply itself and achieve great things. A leader may have a flawless strategy, but if they cannot staff their teams with the most talented individuals, their vision will stay just that. A vision. Unfortunately, the tools organizations use to identify and recruit the best talent have not changed much over the last few decades: resumés, interviews, and reference checks continue to be the predominant met
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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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