Sat.Aug 26, 2023 - Fri.Sep 01, 2023

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New Survey Results—Companies Outsource 40% of Their Benefits Functions

International Foundation of Employee Benefit Plans

A new survey report from the International Foundation of Employee Benefit Plans reveals the operations and staffing practices of corporate benefits departments across the United States. Key findings from Corporate Benefits Departments: Staffing include outsourcing strategies, the greatest challenges facing benefits departments, […] The post New Survey Results—Companies Outsource 40% of Their Benefits Functions appeared first on Word on Benefits.

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Should HR Teams Provide Health Insurance Calculators?

Flimp Communications

Nearly half (49%) of workers don’t understand their benefits. The most powerful health insurance calculators (think of them as the enterprise-class) are decision-support tools, the best of which can help employees predict their needs and spending, compare plans, and make satisfying decisions in minutes. The post Should HR Teams Provide Health Insurance Calculators?

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How — and why — employers should make healthcare benefits interesting

Employee Benefit News

Employers should be investing just as much into education as they are into creating robust benefit offerings.

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Form W-4 Step 3; What Does It Want?

PayrollOrg

When the IRS released the 2020 Form W-4, Step 3 was titled “Claim Dependents.” The 2023 Form W-4 titles Step 3 as “Claim Dependents and Other Credits.” A question many employees and payroll professionals had beginning with the release of the 2020 Form W-4 was what are acceptable entries for Step 3 from the IRS’s perspective?

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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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E-Verify: What Organizations Need to Know – hr bartender

HR Bartender

Estimated reading time: 5 minutes (Editor’s Note: Today’s article is brought to you by our friends at Poster Guard® Poster Compliance Service, a division of HRdirect and the leading labor law poster service that gets your business up to date with all required federal, state, and local labor law postings, and then keeps it that way — for an entire year.

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Highlights From a Women’s Retirement Class

Money Talk

I recently attended a seminar about financial concerns facing women in retirement. Below are seven key take-aways that I gleaned from the presentation and accompanying materials: Income Gap - This is the difference between an individual’s (or couple’s) total retirement income from various sources (e.g., pension, Social Security, annuities, dividends/capital gains, full- or part -time employment, self-employment) minus fixed (e.g., rent and car payments), variable (e.g., gas, food, and gifts), an

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DOL Proposes $1,059 Weekly Threshold for ‘White Collar’ Exemption

PayrollOrg

On August 30, the U.S. Department of Labor (DOL) announced it intends to increase the minimum salary level for the Fair Labor Standards Act “white collar” exemptions from $684 to $1,059 per week.

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Dealing with Unresponsive HR: What to Do When HR Ignores Your Concerns

HR Digest

Have you ever found yourself in a situation where HR seems to be turning a blind eye to your concerns? You’re not alone. Dealing with unresponsive HR can be frustrating and disheartening, especially when you’re facing a toxic work environment or an unresolved issue. But fear not! We’ll explore actionable steps you can take when HR ignores your complaints.

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What will the Flexible Working Act mean for working carers?

Employee Benefits

From 2024, employees will be able to request flexible working hours and patterns twice in a 12-month period and will not have to explain any potential effect on their employer. Organisations will have to consider all requests and provide a reason before rejection within two months. Being able to request flexible working should eliminate any stress, anxiety or worry for employees trying to balance work with caring responsibilities.

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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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Unveiling Darwinbox Engage: Listen, Decode, Act | Employee Listening Solution

Darwinbox

We are excited to announce the launch of Darwinbox Engage, our state-of-the-art employee listening solution. Darwinbox Engage helps you cut through the noise, truly listen to your employees, and act on the insights so you can nurture a more engaged and productive workforce.

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Indiana Updates Withholding Guidelines, Revises Form WH-4

PayrollOrg

The Indiana Department of Revenue has revised Departmental Notice No. 1 to reflect a new tax exemption for first-time qualifying children and Form WH-4, Employee’s Withholding Exemption and County Status Certificate.

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August Jobs Report 2023

HR Digest

The release of the August jobs report 2023 by the Labor Department has provided valuable insights into the state of the job market in the United States. Despite the addition of 187,000 jobs, there are signs indicating a gradual cooling of the labor market. This article aims to delve deep into the key findings of the report, analyze the implications of the unexpected rise in the unemployment rate, and offer a comprehensive analysis of the job market in 2023. 1.

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Helen Burgess: Back to school and the impact on employees

Employee Benefits

It’s nearly that time of year again where parents and their children start planning for the return to or start of school. The school day and the typical 9am to 5pm working schedule are not aligned and parent employees may request to change their start and finish times permanently, or ask to work from home on certain days to allow them to perform their work around school hours, if that is possible in their role.

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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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A surprising number of employees wouldn’t mind having an AI as their ‘boss’

Workplace Insight

According to a new poll from the Asana Work Innovation Lab , nearly two-thirds of executives of executives think that artificial intelligence will help their companies reach their objectives. The report also suggests that 36 percent of employees in the United States and United Kingdom already use AI at work at least weekly. And a perhaps surprising number of people wouldn’t mind having their work graded by artificial intelligence or even having a robot as their ‘boss’ The repor

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Compliance TV: IRS Provides Transition Period for SECURE 2.0 Act Roth Requirement

PayrollOrg

In this September 2023 edition of Compliance TV: IRS provides transition period for SECURE 2.0 Act Roth Requirement; ACA affordability percentage decreases to 8.39% for 2024; Federal per diem rates updated for fiscal year 2024; Employees have until September 29 to resolve e-verify mismatches.

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States Amend Professional Practice Standards to Incorporate Telehealth

McDermott Will & Emery Employee Benefits

Numerous states—including Wisconsin, Illinois, Kentucky and Oklahoma—have been busy finalizing rulemaking and legislation that create or amend professional practice standards to incorporate telehealth. What have these states been up to over the last month? Learn more here. The post States Amend Professional Practice Standards to Incorporate Telehealth appeared first on EMPLOYEE BENEFITS BLOG.

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Network Rail withdraws annual bonuses for striking employees

Employee Benefits

Network Rail has withdrawn annual bonuses for staff who went on strike in a long-running dispute about pay, jobs and working conditions. Those who participated in strike action from June 2022 onwards will not receive a performance-related payment this year. This decision is likely to affect up to 20,000 members of the RMT union, whose members took industrial action earlier this year.

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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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Memories of the Office Age 

Workplace Insight

No author uses the built environment like J G Ballard. In his 1975 novel High-Rise, the eponymous structure is both a way of isolating the group of people who live and compete inside it and a metaphor for their personal isolation and inner struggles. Over the course of three months, the building’s services begin to fail. The 2,000 people within, detached from external realities in the 40-storey building, confronted with their true selves and those of their neighbours, descend into selfishness an

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Form W-4 Step 3; What Does It Want?

PayrollOrg

When the IRS released the 2020 Form W-4, Step 3 was titled “Claim Dependents.” The 2023 Form W-4 titles Step 3 as “Claim Dependents and Other Credits.” A question many employees and payroll professionals had beginning with the release of the 2020 Form W-4 was what are acceptable entries for Step 3 from the IRS’s perspective?

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Guarding the Gateway: Florida Tightens Grip on Electronic Health Records Storage

McDermott Will & Emery Employee Benefits

In May 2023, the Florida Legislature amended the Florida Electronic Health Records Exchange Act to add a provision regarding the security and storage of patient information. It took effect on July 1, 2023. To ensure compliance, Florida healthcare providers should review where their electronic patient information is physically maintained. Read more here.

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Ian Hodson: How do you encourage employees to use green commuting options?

Employee Benefits

More than ever, being able to demonstrate your values as an organisation is imperative not only to active employees but also to recruitment candidates looking for a match not only in respect of the role, but also the organisational culture. Encouraging employees to take greener travel options can be an important part of an organisation’s sustainability and environmental efforts and it is well worth taking the time to revisit the education programme and benefits that can embed and endorse t

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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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Is relocation reimbursement taxable? How to assess tax liability for employee relocation

Business Management Daily

There often comes a time when you need employees to move for your business. Perhaps you are opening a new location and want a few of your top team members to lead the charge. Or you may have the perfect promotional opportunity for an employee arise, but it’s at a different branch. When this happens, it’s common to offer relocation reimbursements.

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IRS Provides Transition Period for SECURE 2.0 Act Roth Requirement

PayrollOrg

The IRS has announced an administrative transition period to extend until 2026 the new requirement that additional elective deferrals made by higher-income participants in retirement plans be designated as after-tax Roth contributions.

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Professionalism in the Workplace: Building a Positive Environment

HR Digest

In today’s competitive and fast-paced work environment, professionalism plays a crucial role in creating a positive and supportive atmosphere. When employees exhibit professionalism, it not only enhances individual growth but also contributes to the overall success of the organization. In this article, we will explore the importance of professionalism in the workplace and discuss strategies to foster a healthy work culture.

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Confessions of a benefits manager: Candid takes on mental health first aid

Employee Benefits

Big Bad Boss has asked me to train as a mental health first aider , which is a lot more interesting than the usual stuff I do. For example, my next task is looking at the lifestyle options on our defined contribution (DC) pension plan. Snore. It would be nice if the mental health training was held in a nice hotel, the kind where they give you proper coffee and mini croissants for breakfast and then a decent buffet lunch to keep you going.

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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.