Sat.Dec 30, 2023 - Fri.Jan 05, 2024

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Questions to Guide Strategic Benefits Decisions

HR Professionals Magazine

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

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Lifestyle Spending Account: Comprehensive Guide & Top Providers

Wellable

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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Confessions of a benefits manager: Candid works to align bonuses and performance management

Employee Benefits

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
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Supporting part-time workers with benefits: A rising tide that lifts all ships

Employee Benefit News

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

Medical 94
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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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The MHPAEA Proposed Rule: Scalability and the Plight of the Small(er) Self-Funded Plan

McDermott Will & Emery Employee Benefits

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.

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The Swedish Strike against Tesla Persists with No Clear End in Sight

HR Digest

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

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How to support employees’ health and wellbeing in the winter months

Employee Benefits

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.

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Employers can be advocates for workplace eye wellness: four winning strategies

Workplace Insight

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.

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Managers and employees at odds over RTO, mental health and more

Employee Benefit News

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

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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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A Restful Resolution: Prioritizing Sleep Health in the New Year

International Foundation of Employee Benefit Plans

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.

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What will employee motivation look like in 2024?

Employee Benefits

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.

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Summary Annual Report for employee benefit plans

PeopleKeep

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.

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10 states with the most OB-GYNs and pediatricians

Employee Benefit News

Using Bureau of Labor data, Birth Injury Lawyers Group ranked which states had the most OB-GYNs and pediatricians per 100,000 residents.

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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.

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IRS Says Keep Those Class Exclusions Classy Under Long-Term, Part-Time Employee Rules

McDermott Will & Emery Employee Benefits

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

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Government introduces holiday pay and entitlement reforms

Employee Benefits

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

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Stanley Green, protein wisdom and the perils of sitting down

Workplace Insight

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

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10 most in demand AI jobs for 2024

Employee Benefit News

An AI-backed hiring platform recently ranked which jobs in the AI field are being looked at the most by tech job seekers.

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7 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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Payroll Currently Provides Payroll Professionals With Knowledge

PayrollOrg

2024 launches a new year of Payroll Currently, a monthly electronic newsletter exclusively for PayrollOrg members.

Payroll 104
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Moneypenny’s motivation strategy covers remote, hybrid and office-based employees

Employee Benefits

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.

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One wish for 2024. A more sophisticated approach to the workplace and hybrid working

Workplace Insight

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.

Media 104
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4 ways to work smarter and manage better in 2024

Employee Benefit News

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

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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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Compliance TV: Standard Mileage Rate Increases to 67 cents in 2024; IRS Releases 2024 Publication 15-T; and more

PayrollOrg

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.

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Bristol-Myers Squibb and McDonald’s named in top 25 best places to work in Europe

Employee Benefits

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.

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States Advance Telehealth Legislation and Rulemaking

McDermott Will & Emery Employee Benefits

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?

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10 cities with the best work-life balance, from Boise to Honolulu

Employee Benefit News

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

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7 Common ACA Compliance Pitfalls and How to Avoid Them

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.