Sat.Sep 24, 2022 - Fri.Sep 30, 2022

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Overtime pay and private insurance: Top 10 work perks employees want this year

Employee Benefit News

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Three Major Workplace Trends You Can’t Ignore

International Foundation of Employee Benefit Plans

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

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.

IT 97
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Looking to Improve Retention? These 15 Wellness Offerings May Do the Trick.

International Foundation of Employee Benefit Plans

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.

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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 Working Condition Fringe Benefit Is Tax-free. Who Knew?

Patriot Software

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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Dealing with difficulties pays dividends

BetterUp

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Cost-effective ways to provide financial benefits, according to Goldman Sachs

Employee Benefit News

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An Introduction to IRMAA

Money Talk

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.

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Clarification on Extension of Amendment Deadlines for CARES Act Provisions

Proskauer's Employee Benefits & Executive Compensa

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

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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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What Employee Handbook Topics Should You Cover?

HR Digest

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.

Pay Raise 105
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Google for your company: Glean is creating knowledge databases for workers

Employee Benefit News

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Unpredictability? Workplace difficulties? It all means growth

BetterUp

IT 98
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Employers can expect higher healthcare costs in 2023

Pacific Prime

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.

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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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9 Unusual Signs of Executive Burnout

HR Digest

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.

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Advisers need to scrap autopilot mode when it comes to open enrollment

Employee Benefit News

IT 100
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What Is The Work Of A Mechanical Engineer In An Oil Refinery?

Professionals Alternative

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

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Colorado Continues to Whittle Away at Non-Compete Agreements

McDermott Will & Emery Employee Benefits

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.

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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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How to Find the Best Applicant Tracking System

HR Digest

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.

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Steps toward sustainability that will benefit your business and employee health

Employee Benefit News

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BerniePortal September Product Updates

BerniePortal

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.

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Best Leadership Books: 21 of the Most Impactful Reads

BetterUp

Jump to section. Best leadership books for personal development. Best leadership books for people managers. Best leadership books for organizational leaders.

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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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How to Gracefully Withdraw a Resignation?

HR Digest

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.

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CY 2023 Physician Fee Schedule Proposed Rule

McDermott Will & Emery Employee Benefits

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 […].

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5 ways leaders can support Hispanic talent in the workplace

Employee Benefit News

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Tips for improving the hiring process in a company

Hppy

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.

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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.