Sat.Aug 05, 2023 - Fri.Aug 11, 2023

article thumbnail

11 Benefits to Consider Including in Your Employee Total Compensation Statements

COMPackage

Research has proven that employees are more satisfied with their employer relationship if they receive an annual total compensation statement. And every employer wants to stand out with their employee benefits. Unfortunately, your brand can’t stand out if your benefits are only the ones every employer offers. Nearly all US companies guarantee access to 401(k) and health insurance.

401(k) 52
article thumbnail

Employee wellness matters: Exploring the benefits of health insurance

Higginbotham

If you own or manage a business, you know how important it is to make the well-being of the company’s employees a top priority. An employee wellness program is a driver of success and sustainability for any organization in any industry, and the core of an effective strategy for employee wellness is comprehensive health insurance coverage. In this article, we will review the reasons why employee wellness matters, and we will explore some of the personal and financial benefits that group health in

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Want part-time workers to stick around? Try these benefits and perks

Employee Benefit News

Nationwide layoffs, hiring freezes and high turnover rates are just a few of the reasons part-time work has seen an uptick.

article thumbnail

How to target financial wellbeing support to employees

Employee Benefits

Employers can offer financial wellbeing support based on which benefits are most frequently used, which will highlight prevalent financial issues among employees. As employers often have wide-ranging demographics that have varying preferences and needs, different communication methods will be required for each group. Tailored benefits that are personalised to employees’ needs offer an effective form of support.

Pension 98
article thumbnail

The Great Disruption: Leveraging AI To Better Your Benefits Strategy

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.

article thumbnail

Treasury, DOL and HHS Issue Landmark Mental Health Parity Proposed Rule

McDermott Will & Emery Employee Benefits

The US Departments of the Treasury, Labor, and Health and Human Services (the Departments) recently issued much-anticipated proposed regulations under the Mental Health Parity and Addiction Equity Act (MHPAEA) to better ensure that health plans allow access to mental health or substance use disorder benefits as easily as medical or surgical benefits.

Medical 98

More Trending

article thumbnail

They are Ours

Florida Workers' Comp

There have been some great orators over the millenia. I am not one. Billy Shakespeare perceived Marc Antony in that category: "Friends, Romans, countrymen, lend me your ears. I have come to bury Caesar, not to praise him." Without a doubt, Ronald Reagan was in that category "Mr. Gorbachev, open this gate! Mr. Gorbachev, tear down this wall!" There are calls to arms, and there are calls to arms.

Education 104
article thumbnail

Chief Uno player needed for £3,500-a-week role

Employee Benefits

Something for the weekend: Toy firm Mattel has advertised for a chief Uno player to help promote its new Uno Quattro game. The job is advertised as paying $4,444 (£3,500) a week to play the game over a four-week period in New York, starting in September. The successful candidate will need to challenge competitors to a game of Uno Quatro, and also teach the new rules to fans in an engaging way.

Bonuses 98
article thumbnail

Student loan payments restart in October. Are employees ready?

Employee Benefit News

As employees prepare to once again chip away at this debt, they're eager for support from their employers.

article thumbnail

Save on back-to-school expenses with your HSA or FSA

WEX Inc.

Are you preparing to send your kids back to school soon? You might be surprised to learn that your health savings account (HSA) and medical flexible spending account (FSA) can help you save on purchases of a variety of back-to-school, expenses, including: Thermometers. You can use your HSA or FSA to purchase a thermometer, which takes on added importance today.

article thumbnail

10 HR Metrics for 2025: HR Data Toolkit

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!

article thumbnail

They are Ours

Florida Workers' Comp

There have been some great orators over the millenia. I am not one. Billy Shakespeare perceived Marc Antony in that category: "Friends, Romans, countrymen, lend me your ears. I have come to bury Caesar, not to praise him." Without a doubt, Ronald Reagan was in that category "Mr. Gorbachev, open this gate! Mr. Gorbachev, tear down this wall!" There are calls to arms, and there are calls to arms.

Education 104
article thumbnail

Lovewell’s logic: Does Zoom’s return to the office really spell the end for remote working?

Employee Benefits

The hybrid/remote working debate reared its head again this week, following the news that video communications company Zoom has ordered employees back to the office. Stating that it believed a structured hybrid approach to be most effective, the organisation has mandated that employees based within 50 miles (80km) of an office should work there in person at least two days a week.

article thumbnail

Gen Z and millennials take the lead when saving into their 401(k)s

Employee Benefit News

Bank of America's recent data found that retirement account balances have increased almost 10% from the end of 2022.

401(k) 98
article thumbnail

Importance Ethics in Human Resources Management

HR Digest

Gone are the days when HR was solely responsible for compensation and benefits. Today, HR professionals are entrusted with the task of promoting diversity, addressing inequality, and setting standards for workplace conduct. The way HR teams handle ethical dilemmas can have a profound impact on talent attraction , retention, and overall organizational culture.

article thumbnail

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.

article thumbnail

Connection and collaboration motivate people to work from an office

Workplace Insight

The key driver for employees wanting to go into the office is the need for socialisation and collaboration, according to the latest quarterly Workplace Index from Eptura. The report claims that this is an acknowledgement of the desire to be part of a community and the potential isolation of working at home. The report is based on proprietary data including an analysis of 2.7 million desks, 37,000 buildings, and 440,000 floors across more than 8,000 companies as well as a survey of 6,700 employee

article thumbnail

Exclusive: Baker Hughes to present closing keynote at Employee Benefits Live 2023

Employee Benefits

Magdalena Vintrova, total rewards director – regions at Baker Hughes, will present the closing keynote on the final day of Employee Benefits Live 2023. An international reward professional with more than 15 years’ experience, Vintrova will share her experiences in delivering effective reward solutions in complex HR and business transformations, mergers and acquisitions.

article thumbnail

60% of employees in a toxic work environment are looking for other jobs

Employee Benefit News

Employers and employees aren't always in sync around what would improve well-being in the workplace.

article thumbnail

SCOTUS Sets High Bar for Rejecting Religious Accommodation Requests

InterWest Insurance Services

A recent decision by the U.S. Supreme Court will make it more difficult for employers to deny employees’ requests for religious accommodations in the workplace. The unanimous decision by the court in the case of Groff vs. DeJoy basically upends a standard for accommodating religious beliefs that has been in place since 1977. The case concerns a mail carrier who asked not to work on Sundays due to his religious beliefs, after his employer, the U.S.

article thumbnail

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.

article thumbnail

IRS Opines on the Tax Treatment of Employer-Funded, Insured, Fixed-Indemnity Wellness Policies

McDermott Will & Emery Employee Benefits

In light of recent Internal Revenue Service (IRS) guidance, employers should carefully examine any supplemental health plan, program or arrangement (which may or may not claim to leverage fixed indemnity insurance) that promises substantial payroll tax savings. In a legal advice memorandum, the IRS’s Office of Chief Counsel addressed and rejected the claimed tax treatment […] The post IRS Opines on the Tax Treatment of Employer-Funded, Insured, Fixed-Indemnity Wellness Policies appea

Taxes 98
article thumbnail

The top 10 most-read articles between 3 – 9 August 2023

Employee Benefits

The top 10 most-read articles on employeebenefits.co.uk between 3 – 9 August were: Bunzl, Ocado and Rolls Royce among top UK firms for retention 51% of staff would sacrifice benefits to work from home Anchor receives menopause-friendly accreditation Shoosmiths enhances family-friendly policies How can pay transparency manage employees’ expectations around salary?

article thumbnail

Fight your fear of AI: How bots can boost your business

Employee Benefit News

As technology continues to rapidly change, help employees feel empowered and not afraid to use it.

article thumbnail

How to protect your house from extreme heat

Higginbotham

With the recent heat waves and extreme temperatures, it’s crucial to protect both yourself and your home from the damaging effects of extreme heat. While most people recognize the health risks associated with high temperatures, they may overlook the potential harm it can cause to their property. Here are important steps you can take to help protect your home during the summer heat and to prepare for a heat wave.

article thumbnail

4 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.

article thumbnail

Rummaging through the workplace memory hole

Workplace Insight

… talking of Orwell , I recently whiled away an idle hour checking which of the more deranged pronouncements from the period of peak workplace hysteria in late 2020 have been memory holed. There was some weird, wild stuff, often coupled with a feverish response to anybody urging caution. At one point somebody (I know who but won’t say) suggested I should be banned from LinkedIn for pushing back on the idea that any firm that didn’t go fully remote would be out of business within five years.

article thumbnail

Exclusive: A fifth of employees worry about money every day

Employee Benefits

More than a fifth (22%) of employees worry about money every day, according to research by financial wellbeing organisation Bippit. Its report, The stigma edition 2023, which surveyed 5,000 UK employees and 660 senior HR professionals, also found that more than a third (36%) of employees do not like talking to their employer about financial concerns.

Finance 98
article thumbnail

What Ukrainian healthcare workers can teach employers about burnout

Employee Benefit News

Dr. Maya Bizri trained healthcare workers in Ukraine on how to reduce burnout before it's too late.

article thumbnail

MetLife Study: Only 58% Of Employees Feel Cared For 

Wellable

79% of employees consider wellness programs a must-have. Explore strategies to develop comprehensive benefits packages that resonate with the modern workforce. The post MetLife Study: Only 58% Of Employees Feel Cared For appeared first on Wellable.

article thumbnail

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.