Overtime pay and private insurance: Top 10 work perks employees want this year
Employee Benefit News
SEPTEMBER 29, 2022
Sat.Sep 24, 2022 - Fri.Sep 30, 2022
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Three Major Workplace Trends You Can’t Ignore
International Foundation of Employee Benefit Plans
SEPTEMBER 28, 2022
What a time it’s been. A global pandemic, wars, monkeypox. in some ways, it feels like we’ve been living in a movie. I can’t watch disaster movies. Read more > The post Three Major Workplace Trends You Can’t Ignore appeared first on Word on Benefits.
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What Is a Furlough?
Patriot Software
SEPTEMBER 26, 2022
When it comes to business, things don’t always go according to plan. At some point, you may find your company struggling to stay afloat financially. And if that time comes, you may need to furlough some workers to avoid drowning. So, what is furlough? Keep reading to learn the definition of furlough, examples, and how […] READ MORE.
Looking to Improve Retention? These 15 Wellness Offerings May Do the Trick.
International Foundation of Employee Benefit Plans
SEPTEMBER 30, 2022
The International Foundation of Employee Benefit Plans has surveyed benefits practitioners about their workplace wellness initiatives for more than a decade. Over this period, benefits have evolved from time-tested offerings. Read more > The post Looking to Improve Retention? These 15 Wellness Offerings May Do the Trick. appeared first on Word on Benefits.
We’re Here to Help! How to Navigate Your Top HR Priorities
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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
The Working Condition Fringe Benefit Is Tax-free. Who Knew?
Patriot Software
SEPTEMBER 29, 2022
For many employers, nothing’s more confusing than employee benefits and payroll taxes. Are there any fringe benefits that are exempt from all payroll taxes? Yes, there are, and the working condition fringe benefit (spoiler!) is one of them. What is the working condition fringe benefit? The working condition benefit is a type of fringe benefit […] READ MORE.
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Cost-effective ways to provide financial benefits, according to Goldman Sachs
Employee Benefit News
SEPTEMBER 27, 2022
An Introduction to IRMAA
Money Talk
SEPTEMBER 30, 2022
Full disclosure: this blog post is written from a place of privilege for older adults with higher-than-average incomes and/or assets. Many are middle income taxpayers who diligently saved and invested for 4-5 decades in tax-advantaged plans. Yes, I am one of approximately 7% of Medicare participants who pay income-related monthly adjustment amounts, a.k.a., IRMAA surcharges.
Clarification on Extension of Amendment Deadlines for CARES Act Provisions
Proskauer's Employee Benefits & Executive Compensa
SEPTEMBER 29, 2022
On September 26, 2022, the IRS released IRS Notice 2022-45 , which corrected a potential oversight in IRS Notice 2022-33, discussed in detail here. Notice 2022-33 had extended the deadline to adopt certain retirement and savings plan amendments required by the Setting Every Community Up for Retirement Enhancement Act of 2019 (“ SECURE Act ”) and the Coronavirus Aid, Relief, and Economic Security Act (“ CARES Act ”) from December 31, 2022 to December 31, 2025, but the extension did not apply for
4-Week Roadmap for New Hires
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Nearly one-quarter of employees (23%) admit they’ve cried within the first week! Give new hires a positive start with this four-week onboarding roadmap. This schedule outlines all the turns, detours, and speedbumps new hires can expect in their first month. We’ve included suggestions for each week to help you make your new employees’ highway to success an easy road.
Best Leadership Books: 21 of the Most Impactful Reads
BetterUp
SEPTEMBER 28, 2022
Jump to section. Best leadership books for personal development. Best leadership books for people managers. Best leadership books for organizational leaders.
What Employee Handbook Topics Should You Cover?
HR Digest
SEPTEMBER 24, 2022
Before getting down to writing an employee handbook , HR professionals need to understand what they should include by law. The HR Digest has curated a list of employee handbook topics that’ll come in handy when you set up the organization’s human resources policies. According to research from GuideSpark , 43% of gen Y are not reading the majority of the employee handbook, while 11% of gen Y haven’t even opened an employee handbook.
Employers can expect higher healthcare costs in 2023
Pacific Prime
SEPTEMBER 26, 2022
It’s looking like healthcare costs will skyrocket in the employer market in 2023. But what exactly does this mean for you as an employer? To put it simply, premiums could increase much more than usual. Consequently, employers will have to decide whether they’ll spend even more on their employees’ healthcare. But with the ongoing ‘Great. The post Employers can expect higher healthcare costs in 2023 appeared first on Pacific Prime's Blog.
What Is The Work Of A Mechanical Engineer In An Oil Refinery?
Professionals Alternative
SEPTEMBER 28, 2022
What Is The Work Of A Mechanical Engineer In An Oil Refinery? If you are looking for a job in the oil industry and specifically a job at an oil refinery, then you might find the job of ‘mechanical engineer’ and wonder what that is all about. Well, a mechanical engineer’s job is to design the equipment that removes the gas and oil from the ground. But the job doesn’t stop there, because once the oil and gas are extracted, the engineer then goes back and figures out ways to make the process faster
How to Make The Best Benefits Decisions for 2025's Workforce: An HR and Total Rewards Guide
Speaker: Kaitlin Ruby Carroll
Retaining top talent in 2025 means rethinking benefits. In a competitive job market, fertility benefits are more than just offerings - they are a commitment to your team’s well-being. Gain critical insights into the latest fertility benefits strategies that can help position your organization as an industry leader. Our expert will explore the unique advantages and challenges of each model, share success stories from top organizations, and offer practical strategies to make benefits decisions tha
Colorado Continues to Whittle Away at Non-Compete Agreements
McDermott Will & Emery Employee Benefits
SEPTEMBER 28, 2022
Effective August 10, 2022, Colorado’s laws governing restrictive covenants were amended to provide additional limitations and hurdles for employers who seek non-compete and non-solicit agreements with their employees, including compensation thresholds and notice requirements. The new law also sets forth steep penalties for any violations. This article provides the details of these new restrictions.
9 Unusual Signs of Executive Burnout
HR Digest
SEPTEMBER 26, 2022
Ever heard of burnout before? How about executive burnout ? These two terms sound alike, but the latter is an extreme measure. According to a Deloitte survey, around 70% of executives are considering leaving their jobs for workplace that care more for their employees’ wellbeing. It’s really easy to blow off signs of executive burnout, especially in today’s culture where workaholics are rewarded on social media.
BerniePortal September Product Updates
BerniePortal
SEPTEMBER 28, 2022
At BerniePortal, we are constantly improving our software to fit your HR needs. To keep you in the know, we dish up the latest Bernie Scoop each month—no matter how big or small the update. Here are the two BerniePortal product updates released this month that will help streamline your organization’s HR functions.
Thoughts on Safety from the News.
Florida Workers' Comp
SEPTEMBER 29, 2022
We pause and think about safety periodically. There is a vast assortment of challenges out there in the world that may result in an accident. Workers' compensation is built for such instances and remains focused on safety after about 100 years (in some jurisdictions a bit more, in others a bit less). The thing about workplace accidents is that none should be ignored.
Reduce Bias in Hiring: Structured Interview Questions for Employers
Advertiser: Paycor
Structured interview questions are a valuable tool for reducing bias in hiring. They help: Ensure all candidates are asked the same questions in the same way Level the playing field so all candidates have a fair chance of being successful Improve credibility, reliability, and validity Download the guide to get the most out of your interview questions!
CY 2023 Physician Fee Schedule Proposed Rule
McDermott Will & Emery Employee Benefits
SEPTEMBER 29, 2022
On July 7, 2022, the Centers for Medicare & Medicaid Services (CMS) released the CY 2023 Revisions to Payment Policies Under the Physician Fee Schedule and Other Revisions to Medicare Part B Proposed Rule, which was published in the Federal Register on July 29, 2022. The proposed rule includes proposals related to Medicare physician payment […].
How to Gracefully Withdraw a Resignation?
HR Digest
SEPTEMBER 28, 2022
Are you thinking of withdrawing your resignation? You’ve come to the right place. You’ve got your resignation letter , you’ve sent it to your boss and HR, and now you’re waiting for the axe to fall. But what if you change your mind? How should you withdraw a resignation without causing derision? You’ve already found a new job and all of a sudden something feels weird.
Employee resource groups — where to get started
Business Management Daily
SEPTEMBER 26, 2022
Employers are always looking for ways to improve workplace inclusivity and employee engagement. One diversity & inclusion tool that is often overlooked is employee resource groups. Creating employee resource groups within your organization is a great way to provide a forum for employees from different backgrounds or experiences to discuss issues that affect them within the workplace or in their careers.
Quiet Quitting
Florida Workers' Comp
SEPTEMBER 27, 2022
Social media came alive recently with a discussion of the concept of quiet quitting. For those of you unfamiliar with the topic, it is a process of withdrawal, resignation, and acquiescence. It is an approach to employment said to be popular with the younger generations. They are in search, they say, of work-life balance. They perceive the world in which they "work to live," rather than "live to work," to take a page from Noel Gallagher.
Transform Employee Wellbeing and Control Costs Through Data-Driven Strategies
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In today's dynamic business environment, HR leaders face immense pressure to optimize costs while maintaining a competitive edge to attract, retain and engage their workforce. Gallagher can help you meet that challenge head-on. Our proprietary data and people analytics platform, Gallagher Drive ® , provides the elevated insights you need to make impactful program decisions that are aligned with your organizational goals and set your strategy up for long-term success.
Tips for improving the hiring process in a company
Hppy
SEPTEMBER 29, 2022
When it comes to recruiting, every company has its hiring process. Business leaders must always be on the lookout for fresh talent, and this procedure is more nuanced than just scanning applications and doing the interview process itself. Defects when you want to hire, such as a badly written job advert or a lack of response to a survey, might discourage a competent person from applying.
How to Find the Best Applicant Tracking System
HR Digest
SEPTEMBER 30, 2022
Finding an applicant tracking system for your business is a little bit like dating. You have to go on lots of blind dates before you find the right one, and then there’s the whole process factor — but once you do find that special someone, they’re incredible and they’re always going to be there for you. It’s no secret that finding a good applicant tracking system is a complicated process.
10 Wellness Initiatives for the Workplace — and Ways to Get Started
BetterUp
SEPTEMBER 26, 2022
Ping-pong tables and gym memberships are cool, but they mean nothing if you only provide them to check a box — or in lieu of investments in wellbeing.
Life Expectancy and Risks
Florida Workers' Comp
SEPTEMBER 25, 2022
Life is unpredictable at best, periodically shocking. I received an email Friday advising of a death in the periphery of my circle. It was perceived as notable enough that the first email was followed by texts and other emails. The immediate reaction, as in similar circumstances, is always to question age. As I chronologically progress, I have been persistent in my perception that only old people die.
The Diversity Reckoning: Can HR Survive Without New Perspectives?
Speaker: Jeremy York
2024 has tested every organization, and 2025 promises no less - the warning signs are everywhere. If you’re relying on superficial approaches to diversity, you might find yourself scrambling to catch up. Thought diversity - the fuel for new ideas, fresh perspectives, and disruptive innovation - is more than a buzzword. It's a survival strategy. And if you’re not building it into your workplace culture right now , you’re heading for trouble.
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