Questions to Guide Strategic Benefits Decisions
HR Professionals Magazine
JANUARY 3, 2024
The post Questions to Guide Strategic Benefits Decisions appeared first on HRProfessionalsMagazine.
HR Professionals Magazine
JANUARY 3, 2024
The post Questions to Guide Strategic Benefits Decisions appeared first on HRProfessionalsMagazine.
Wellable
JANUARY 3, 2024
Lifestyle spending accounts are flexible benefits accounts that employees can use as perk stipends to pay for health and wellness services or products. The post Lifestyle Spending Account: Comprehensive Guide & Top Providers appeared first on Wellable.
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Employee Benefits
JANUARY 4, 2024
I think it is interesting to see how the importance of performance-related pay has moved in and out of fashion. Go back a few years and everyone was saying they were a pay-for-performance employer and everything from shares to pay rises was linked to a rating. That made budgeting difficult, so we had to have forced rating distributions and hold calibration meetings lest managers got carried away and made everyone a superstar with associated rewards.
Employee Benefit News
JANUARY 3, 2024
Fixed medical indemnity plans represent an affordable option for low-wage and part-time employees.
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.
McDermott Will & Emery Employee Benefits
JANUARY 4, 2024
After a brief hiatus to discuss the pleading standards adopted by the US Court of Appeals for the Tenth Circuit in E.W. v. Health Net Life Insurance Company, we return to our examination of the comments submitted in response to the proposed regulations under the Mental Health Parity and Addiction Equity Act (MHPAEA). The US […] The post The MHPAEA Proposed Rule: Scalability and the Plight of the Small(er) Self-Funded Plan appeared first on EMPLOYEE BENEFITS BLOG.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
HR Digest
JANUARY 3, 2024
Promoting collective action is the hallmark of a labor union and the current Swedish strike that Tesla is facing is an obvious testament to that fact. The strike against Tesla began on 27 October when a company subsidiary refused to sign a collective agreement with IF Metall—a labor union that represents the Tesla mechanics in the region. Elon Musk, co-founder and CEO of Tesla, has long stood firmly opposed to labor unions, stating that they created negativity within a company, despite unions be
Employee Benefits
JANUARY 1, 2024
Regular breaks during working hours can help to avoid burnout and boost employees’ physical wellbeing. Employers can support employees suffering from seasonal affective disorder by rearranging the workplace to maximise natural light or enable them to sit near a window. Organisations can implement discount schemes that save employees money on essentials to eliminate stress.
Workplace Insight
JANUARY 5, 2024
Proper management of employee health and wellness is an important facet to consider when striving for success in the workplace. Properly supporting employee health helps them perform better, encourages productivity, prevents losses from absences, enhances job satisfaction, and improves overall morale. Employers can promote employee wellness in different ways, but one area you should consider prioritising is eye care in the workplace.
Employee Benefit News
JANUARY 4, 2024
Divided views exist in areas such as mental health, communication and professional development.
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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.
International Foundation of Employee Benefit Plans
JANUARY 3, 2024
In the hustle and bustle of our lives, sleep often takes a back seat to work demands, social obligations and the ever-present glow of screens. How many times this year have you found yourself burning the midnight oil, playing catch-up? The realm […] The post A Restful Resolution: Prioritizing Sleep Health in the New Year appeared first on Word on Benefits.
Employee Benefits
JANUARY 3, 2024
Credit: Artem Oleshko/Shutterstock Need to know: Employee motivation strategies need to factor in cost-of-living pressures and the increasing need for personal development. Motivating people to return to the office must be carefully balanced with the motivational aspects of the flexibility of remote and hybrid working. As skill shortages continue, reskilling and upskilling staff, particularly in digital skills, will become increasingly motivational in terms of personal development.
PeopleKeep
JANUARY 3, 2024
If you’re an employer offering various employee benefit plans , you must understand your responsibilities regarding compliance and taxes. If the benefits you offer require filing Form 5500 with the Department of Labor (DOL), you must also deliver the Summary Annual Report (SAR) to plan participants. Luckily, the SAR is relatively simple to complete once you’ve completed Form 5500.
Employee Benefit News
JANUARY 4, 2024
Using Bureau of Labor data, Birth Injury Lawyers Group ranked which states had the most OB-GYNs and pediatricians per 100,000 residents.
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.
McDermott Will & Emery Employee Benefits
JANUARY 3, 2024
Beginning in 2024, employers and plan sponsors will need to implement new minimum eligibility rules, enacted by the SECURE and SECURE 2.0 Acts, that significantly expand eligibility for long-term, part-time employees to participate in employer-sponsored retirement plans. The new rules require that employers who maintain such plans provide employees who work at least 500 hours […] The post IRS Says Keep Those Class Exclusions Classy Under Long-Term, Part-Time Employee Rules appeared first o
Employee Benefits
JANUARY 3, 2024
The UK government has implemented reforms to simplify holiday pay calculations and entitlement as per the Working Time Regulations. These changes include the definition of irregular hours and part-year workers in relation to the introduction of the holiday entitlement accrual method and rolled-up holiday pay, the introduction of a method to calculate statutory holiday entitlement for irregular hours and part-year staff, and how much leave an irregular hour or part-year worker has accrued when th
Workplace Insight
DECEMBER 30, 2023
Each day for 25 years, between 1968 and 1993, a man called Stanley Green would rise early, enjoy a spartan breakfast of porridge and an egg, pack up a lunch of apples and vegetables, strap them along with a placard and some pamphlets to a bike and cycle the 12 miles to Oxford Street from his home in Northolt. There he would share his ideas for improving the physical and psychological wellbeing of the country, based primarily on the idea that the consumption of too much protein led to the moral t
Employee Benefit News
JANUARY 2, 2024
An AI-backed hiring platform recently ranked which jobs in the AI field are being looked at the most by tech job seekers.
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.
PayrollOrg
JANUARY 5, 2024
2024 launches a new year of Payroll Currently, a monthly electronic newsletter exclusively for PayrollOrg members.
Employee Benefits
JANUARY 3, 2024
Motivating remote and hybrid workers has its own challenges, and is something that Moneypenny, a provider of call answering, live chat and bespoke customer communication services, has acknowledged in its motivation strategies. The organisation employs over 1,000 people in the UK and the US, where it offers hybrid working. It also has some remote teams working in the US.
Workplace Insight
JANUARY 3, 2024
We know, and have for a long time, that the workplace is in a state of near constant flux. The meteor strike of lockdown was an accelerant, not a deviation. It also laid bare -yet again – the faulty assumption that there is some sort of general evolution towards an idealised version of the office or conversely the universal adoption of remote or hybrid working, whatever it is.
Employee Benefit News
JANUARY 5, 2024
Small changes to your habits can make a big difference in productivity and overall satisfaction in the workplace.
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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
PayrollOrg
JANUARY 4, 2024
In this November 2023 edition of Compliance TV, social security wage base increases for 2024; IRS releases 2023 ACA forms, instructions, test packages; OCSS releases revised IWO, instructions; and IRS announces ERC claim withdrawal process.
Employee Benefits
JANUARY 3, 2024
Credit: IB Photography / Shutterstock.com Pharmaceutical firms Takeda and Bristol-Myers Squibb and fast food chain McDonald’s have been named among the top 25 best places to work in Europe for 2023 by Best Places to Work. The international certification programme recognises employers across the world using workplace culture assessments and a global database of more than 25 million employees.
McDermott Will & Emery Employee Benefits
JANUARY 2, 2024
Numerous states—including Alaska, Florida, Texas, Utah and Washington—have been busy finalizing and proposing rulemaking and legislation impacting telehealth-related care. Washington’s Department of Health, for example, published a proposed rule focused on implementing the multistate nurse licensure compact. What else have these states been up to over the last month?
Employee Benefit News
JANUARY 3, 2024
New research ranked the best locations for job seekers looking to improve their work-life balance.
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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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