HR Professionals Magazine

JANUARY 3, 2024

The post Questions to Guide Strategic Benefits Decisions appeared first on HRProfessionalsMagazine.

Employee Benefits 52

Employee Benefits 52

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.

Technology 105

Technology 105

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.

Bonuses 105

Bonuses Management Pension Salary 105

Employee Benefit News

JANUARY 3, 2024

Fixed medical indemnity plans represent an affordable option for low-wage and part-time employees.

Medical 303

Medical Healthcare 303

Advertiser: Paycor

Get ready for the future of business. As HR navigates an ongoing labor shortage, leaders need stronger, more adaptable recruiting strategies. Do you have the tools you need to build a talent pipeline that drives sustainable business growth?

Employee Retention

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.

Life Insurance 104

Life Insurance Insurance Employee Benefits Health and Welfare 104

HR Lineup

JANUARY 4, 2024

In today’s rapidly evolving business landscape, where technology, globalization, and shifting consumer expectations are constant forces of change, organizations find themselves in a perpetual quest to adapt and thrive. At the heart of this adaptation is the talent transformation process—a strategic and dynamic approach to developing, aligning, and optimizing the skills and capabilities of a workforce.

Technology 244

Technology Education Health Human Resources 244

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.

Recruitment 321

Recruitment Technology 321

Money Talk

JANUARY 4, 2024

Here is a financial New Year’s resolution: make the most of free money! “Free money” is exactly what these two words indicate: money (or goods and services in lieu of cash) that comes with no (or sometimes a few) strings attached. Free money does not have any work requirement, however, and is often income tax-free. Common sources are businesses, individuals, and the government.

Life Insurance 176

Life Insurance Retail Pension Benefit Taxes 176

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.

260

260

Speaker: Shawnequa Albert

As our workforce evolves, so must the way we support it. With more employees choosing to work beyond age 65, HR leaders are increasingly being called upon to guide aging employees through one of the most complex transitions in their professional lives - from employer sponsored plans to Group Medicare. Without clear guidance, confusion around eligibility, coverage options, and cost implications can lead to uncertainty and missed opportunities for optimized benefits.

Retirement Plan

HR Lineup

DECEMBER 31, 2023

In the ever-evolving landscape of human resources, staying ahead of technological advancements is crucial for effective leadership. One such innovation that has gained prominence in recent years is deepfake technology. Deepfakes, powered by artificial intelligence (AI), have the potential to revolutionize various aspects of HR, from recruitment processes to employee training.

Technology 244

Technology Entertainment Human Resources Education 244

Employee Benefit News

JANUARY 2, 2024

Almost 60% of employees will experience a mental block daily or weekly that prevents them from starting or completing important assignments.

318

318

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

Transportation 142

Transportation Pension Government Employment 142

PayrollOrg

JANUARY 4, 2024

The threshold for filing information returns electronically is now 10 in the aggregate.

Electronics 260

Electronics 260

Advertisement

ChatGPT is a powerful tool that can help you quickly brainstorm, draft, and refine tasks on your to-do list. But it can take a bit of strategy and practice to get generative AI to give you the time-saving results you’re looking for. Try these 14 detailed prompts to unlock the power of ChatGPT. You'll discover ways to streamline tasks for hiring, employee engagement, and performance management.

Management

HR Lineup

JANUARY 3, 2024

In a world that never sleeps, where demands and expectations are constantly on the rise, optimizing the 24-hour work cycle has become essential for success and well-being. Many individuals find themselves struggling to balance work, personal life, and self-care within the limited confines of a day. This article explores effective strategies to maximize the 24-hour work cycle, helping you achieve peak productivity while maintaining a healthy work-life balance.

Technology 244

Technology Utilities Healthcare Management 244

Employee Benefit News

JANUARY 5, 2024

Small changes to your habits can make a big difference in productivity and overall satisfaction in the workplace.

Management 316

Management 316

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.

Transportation 125

Transportation Retail Healthcare Benefit Providers 125

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 125

Employee Benefits 125

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.

Employee Wellness

HR Lineup

JANUARY 4, 2024

In an era where businesses are constantly seeking innovative solutions to streamline operations, the role of Virtual Assistants (VAs) has become increasingly prominent. Leveraging the power of technology, hiring a Virtual Assistant can provide numerous benefits for businesses of all sizes. Let’s delve into the top 10 advantages that come with incorporating a Virtual Assistant into your team. 1.

Utilities 243

Utilities Technology Media Software 243

Employee Benefit News

JANUARY 3, 2024

New research ranked the best locations for job seekers looking to improve their work-life balance.

Recruitment 316

Recruitment Management 316

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.

Net Pay 119

Net Pay Salary Finance Recruitment 119

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.

Employment 111

Employment Health Construction Medical 111

Advertiser: Paycor

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!

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 Benefits 105

Employee Benefits Government Taxes Employment 105

Employee Benefit News

JANUARY 4, 2024

Divided views exist in areas such as mental health, communication and professional development.

Management 312

Management Employee Retention 312

Employee Benefits

JANUARY 4, 2024

More than half (56%) of employers have offered financial remuneration to help employee retention during the cost-of-living crisis and staffing shortages, according to research by Peninsula Group. The employment law, HR, and health and safety services firm’s survey of 79,000 small to medium-sized businesses (SMEs) across Australia, Canada, Ireland, New Zealand and the UK also found that 65% of Canadian employers offered financial remuneration to help retention, which was more than the other

Employee Retention 111

Employee Retention Pay Raise Employment Recruitment 111

Darwinbox

JANUARY 5, 2024

Despite the potential of people analytics to enhance business success through improved hiring, engagement, and retention, its adoption is limited by challenges like lack of tech skills, time constraints, and insufficient actionable insights. Overcoming these obstacles requires user-friendly AI tools, real-time access, and strategic training to empower managers to leverage data effectively for decision-making.

Management 105

Management IT 105

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.

Payroll