Best Money Moves
NOVEMBER 15, 2022
3 ways to recession-proof your benefits program. How can your workforce prepare as a recession looms on the horizon? Here are 3 ways to recession-proof your benefits program. . With a potential recession on the horizon, employers must focus on the financial wellbeing of their employees. Thirty-one percent of Americans are unprepared for an economic downturn, according to a report by Bankrate.
Enjoy Benefits
NOVEMBER 17, 2022
By Tom Smith Quiet quitting is a new significant change in workplace culture that is dominating social media. It has nothing to do with actually quitting your job, however. Instead it means only doing exactly what your role demands and nothing more. So no longer going the extra mile or staying at the office late into the evening. Due to the strains created by the pandemic, an increasing number of workers – young and old, across a wide range of sectors – are saying they’re tired of la
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
TalentCulture - Employee Benefits
NOVEMBER 14, 2022
What benefits are top-of-mind for organizations that want to attract and retain great talent in today’s challenging talent market? Many are finding it pays to step outside the standard benefits box with creative options that meet diverse employee needs. For example, caregiving benefits are gaining strong momentum. To learn more about this, we asked business […].
Employee Benefits
NOVEMBER 17, 2022
Image credit: photocosmos1 / Shutterstock.com. Autumn budget 2022: The government has agreed to raise the national living wage by 9.7% from April 2023. In his autumn budget address to the House of Commons, Chancellor of the exchequer Jeremy Hunt (pictured) stated that he had accepted recommendations made by the Low Pay Commission to increase the national living wage to £10.42 for 2023, representing a pay rise of more than £1,600 for the average full-time employee.
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?
International Foundation of Employee Benefit Plans
NOVEMBER 17, 2022
As the workplace becomes more diverse, employers may want to consider whether their schedule of paid holidays accommodates the needs of all of their workers. The post <strong>Inclusive Paid Holidays</strong> appeared first on Word on Benefits.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
Employee Benefits
NOVEMBER 16, 2022
Understandably so, individuals are anxious and stressed by the ongoing economic disruption, even if they are not directly impacted. Here at Fujitsu, employee wellbeing support is a constant, but the focus is ever evolving. In 2020, much of our attention was on helping our people to navigate the various physical and mental challenges brought on by the pandemic, but so much has changed since then.
Higginbotham
NOVEMBER 17, 2022
Your employees provide their time; in return, you pay them. It sounds like a simple transaction, but, as many employers know, it’s not always this straightforward. In addition to the benefits, bonuses and taxes that can complicate payroll, employers need to comply with payroll garnishment rules. . What are payroll garnishments? . When someone owes money, a court may order a payroll garnishment (also called a wage garnishment).
PeopleKeep
NOVEMBER 14, 2022
To save on healthcare costs , more employers are adopting reimbursement models like health reimbursement arrangements (HRAs) for their employees’ health benefit, empowering employees to choose their own individual health plan and get reimbursed, tax-free, for their premiums. While the freedom to choose your own policy is great for your healthcare, it can be daunting to shop for your own insurance plan if you’ve never done it before.
Employee Benefit News
NOVEMBER 18, 2022
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.
Money Talk
NOVEMBER 15, 2022
One of the largest items in household budgets is car insurance. According to Bankrate, the average annual cost of car insurance in June 2022 was $1,771 per year ($148 per month) for full coverage and $545 for just the minimum coverage required by state law. Of course, individual insurance premiums vary widely according to multiple factors (e.g., driver characteristics, type of vehicle, location of vehicle, and the current economic climate for labor and parts costs).
Employee Benefits
NOVEMBER 18, 2022
Something for the weekend: Almost half (47%) of England and Wales supporters intend to pull a sicky to watch their nation play at this year’s football World Cup. Bookmaker Paddy Power partnered with Research Without Barriers to survey 2,002 football fans from England and Wales. The research found that 46% admitted they plan to skive off work at some point during the tournament, due to three of the daily kick-off times clashing with the nine to five working day.
Insperity
NOVEMBER 15, 2022
Wage growth, record-high inflation and an extremely competitive labor market have all put business leaders in a difficult position. Anyone involved in hiring and retaining employees is torn between important and seemingly contradictory objectives: Address employees’ pain and concerns about the increased cost of living so you can prevent them from disengaging or leaving the company in search of a higher salary elsewhere. ( The Great Resignation is ongoing, after all.).
Employee Benefit News
NOVEMBER 16, 2022
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.
HR Digest
NOVEMBER 14, 2022
Have you heard the saying, “Don’t let your emotions get the best of you” before? Well, if you understand what it means, you’ll agree that it’s vital and recognize and manage your emotions at work. We are often so carried away by our feelings that we make decisions based on them without thinking rationally. This is especially true for the modern workplace , where we tend to easily reiterate how we feel, either by causing a commotion or using hurtful words (even when we don’t mean to).
Employee Benefits
NOVEMBER 18, 2022
Supermarket chain Tesco has introduced a benefit that will allow its 280,000 employees to access up to 25% of their contractual pay early. The scheme, provided by Salary Finance, costs a single set fee of £1.49 per advance, and aims to help staff avoid payday loans or debt with high interest payments. Tesco and Tesco Mobile staff across the UK will be able to apply online for an agreed percentage of their earned pay , and receive it within 24 hours of the request.
International Foundation of Employee Benefit Plans
NOVEMBER 18, 2022
Court affirms judgment in favor of the defendant employer related to the award of 401(k) benefits to a former employee’s ex-husband. The post Legal & Legislative Reporter: Distribution of 401(k) Benefits to Ex-Husband appeared first on Word on Benefits.
Employee Benefit News
NOVEMBER 17, 2022
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.
Workplace Insight
NOVEMBER 17, 2022
The Great Workplace Circus headlines its 322nd show of the year with everybody’s favourite distraction, Elon Musk, being driven into the ring by his own shoddily built clown car, declaring he needs everybody at Twitter to be ‘ extremely hardcore ’ before sacking a few people from his space programme, then setting fire to the tent himself. The swarm of stories spawned by this extraordinary behaviour include this tired and predictable rant in the Telegraph about ‘lazy Brits’.
Employee Benefits
NOVEMBER 17, 2022
Autumn budget 2022: The government has decided to maintain the current freeze on employers’ national insurance (NI) contribution thresholds for a further two years. Chancellor of the exchequer Jeremy Hunt told the House of Commons in his autumn budget that the freeze would continue to April 2028. In addition, the employment allowance will be retained at a higher level of £5,000 until March 2026.
International Foundation of Employee Benefit Plans
NOVEMBER 15, 2022
November is Financial Literacy Month in Canada. Multiple organizations are working to educate Canadians about the programs, services and tools available to strengthen financial knowledge, skills and confidence. The post Embracing Financial Literacy Month appeared first on Word on Benefits.
Employee Benefit News
NOVEMBER 14, 2022
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!
Workplace Insight
NOVEMBER 16, 2022
A new report from the UK’s Department for Education claims that over half of adults in England (52 percent) would consider developing a portfolio career if they had more confidence in their own abilities. The figure rises to 71 percent for those working in HR, and 45 percent of workers would do so if they suffered less from so-called imposter syndrome.
Employee Benefits
NOVEMBER 16, 2022
Housebuilder Barratt Homes is to give an additional £1,000 to 95% of its workforce in order to help with the rising cost of living. More than 6,800 employees under the firm’s grade 5a tier will be eligible for the payment. The support will not change other pay-related benefits , such as pension contributions. David Thomas, chief executive officer of the Leicestershire-based firm, told staff in a letter on 15 November that they will receive the hand-out in equal instalments over the first six mon
InterWest Insurance Services
NOVEMBER 15, 2022
Despite the Workers’ Compensation Insurance Rating Bureau recommending that benchmark rates in California be increased in the last two years, the rates that insurance companies are charging for coverage continue falling. But the party may soon be coming to an end, according to a new report. The California Department of Insurance in fact rejected the Rating Bureau’s rate hike recommendations in both in 2021 and 2022 when it had asked for 2.7% and 7.6% increases respectively, and it or
Employee Benefit News
NOVEMBER 15, 2022
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.
Expert insights. Personalized for you.
124 
Let's personalize your content