Employee Benefits

FEBRUARY 2, 2023

Data is misery. You would think with a central HR system like Choreday, we would have all the HR data we need. Well, think again. For some of our locations, the HR system is connected via payroll so naturally the salary and allowance data is correct; if not, people would soon shout that their pay is wrong. The problem comes in the locations where we do not have that link, usually acquisitions of some sort.

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Genesis HR Solutions

JANUARY 30, 2023

Should you auto-enroll your employees into your company’s 401(k) program? You don’t need to shake a magic eight ball to make a decision. Instead, take a look at the pros and cons, and then make an educated decision for your company. What is automatic enrollment? Automatic enrollment is exactly what it sounds like—you, the employer, automatically enroll your employees into your organization’s 401(k) plan.

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Employee Benefit News

JANUARY 30, 2023

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Employee Benefits 113

International Foundation of Employee Benefit Plans

FEBRUARY 2, 2023

Benefits Magazine Extras articles provide you with bonus content on a mix of benefits topics as well as deep dives and analysis on the latest benefit trends and compliance issues. Read more > The post Magazine Extra: Adapting Benefits to Today’s Multigenerational, Postpandemic Workforce appeared first on Word on Benefits.

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Bonuses Employee Benefits 91

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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

Retirement Plan

Employee Benefits

JANUARY 30, 2023

If employers are not seeing a return on their investment in benefits or schemes are not achieving their desired aims, such as increased employee engagement or retention, then they might be spending too much. Employers should consider whether they are offering benefits to be viewed as an attractive place to work or because they genuinely want what is best for their staff.

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Employee Benefit News

FEBRUARY 1, 2023

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Healthcare Health Insurance Insurance 100

Darwinbox

FEBRUARY 1, 2023

Travel expense reporting is one of the most important administrative functions in any organization, but since it does not directly generate revenues, you need to keep it as lean and efficient as possible. This article explains how to automate travel expense reporting. It discusses why travel and expense automation is so important and the steps to expect as you go along this digital maturity journey.

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Employee Benefit News

FEBRUARY 2, 2023

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Employee Benefit News

FEBRUARY 1, 2023

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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.

Money Talk

FEBRUARY 1, 2023

I can’t think of any other investment, off the top of my head, where the rate of return earned two decades ago continues to directly influence what I receive today…with the exception of Series I-bonds issued by the U.S. Treasury. Of course, early compound interest earned also impacts later investment growth, but I’m talking about investment features per se.

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Electronics Government Taxes Banking 246

PayrollOrg

FEBRUARY 3, 2023

In this February 2023 edition of Compliance TV: IRS Opens IRIS Portal to File Forms in 1099 Series; IRS Posts Drafts of Form 941, Instructions, and Schedules; IRS Releases 2023 Publication 15-B; and more.

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Darwinbox

FEBRUARY 1, 2023

With the world of work evolving constantly and at an unprecedented rate, HR evolution needs to happen at a proportional pace as well. Introducing Darwinbox’s flagship HR research study to help you navigate change and stay ahead of disruption.

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Best Money Moves

JANUARY 31, 2023

3 ways to improve your employee retirement benefits. Retirement benefits are a vital tool for your workforce. Here are three key ways to support your team with better retirement options. Almost 4 in 10 employees say they’re not confident about reaching their retirement goals, according to a 2022 Bank of America report , and even more are unsure if they have enough savings to retire.

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401(k) Retirement Plan Banking Finance 119

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

Employee Wellness

Proskauer's Employee Benefits & Executive Compensa

JANUARY 30, 2023

As part of our continuing series on SECURE 2.0 , signed into law December 29, 2022, this post focuses on significant changes for section 403(b) tax-sheltered annuity plans (“403(b) plans”). 403(b) plans are similar to 401(a) tax-qualified defined contribution plans but sponsored by public schools or non-profit entities and subject to unique requirements under the Internal Revenue Code (the “Code”).

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PayrollOrg

FEBRUARY 2, 2023

Effective January 1, 2023, there is a 4% surtax on Massachusetts taxable income over $1 million that was passed by voters last year. The Massachusetts Department of Revenue does not intend to update the withholding tables to reflect the surtax.

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Taxes 104

HR Digest

FEBRUARY 3, 2023

Unlearning at work is a vital component of growth , and regardless of how we view it, it can’t be avoided. The workplace continues to change and evolve, therefore old methods of doing things are no longer solid and have become outdated. The workplace is constantly changing, and you need to be able to adapt if you want to stay competitive. But how do you keep up with the pace of change?

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Technology IT Employee Benefits 106

Employee Benefits

JANUARY 30, 2023

Unique Vacations UK (UVUK) is the UK sales and marketing representative for holiday firm Sandals and Beaches Resorts. The team, which comprises 48 employees, works closely with its sister firm Unique Caribbean Holidays (UCHL), which is the UK tour operator for Sandals and Beaches Resorts and employs 47 workers. In December 2022, UVUK and UCHL enhanced their parental leave policies to eight weeks at full pay for expectant mothers and fathers, for births or adoptions.

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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!

Employment

Insperity

FEBRUARY 2, 2023

Whether your team is just starting return to the office or you have been on a hybrid basis for some time now, you may notice office etiquette is different than what it was traditionally. What changed? In general, employees definitely aren’t the same as they were before March 2020 when the pandemic brought much of the world to a standstill and skyrocketed remote work.

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PayrollOrg

FEBRUARY 1, 2023

Submit your application or nominate a fellow APA member today for one of the eight payroll education grants available this year. Application deadline is February 24, 2023.

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Education Payroll 104

Workplace Insight

JANUARY 30, 2023

People’s workplace experience in the wake of recent economic upheavals is to be investigated as part of a major new survey led by Cardiff University and funded mainly by the Economic and Social Research Council (ESRC). The Skills and Employment Survey 2023 (SES2023), which also involves researchers at UCL, the Universities of Oxford and Surrey and the National Centre for Social Research, will help academics assess the impact of an extraordinary period of turbulence for workers which includ

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Employee Benefits

FEBRUARY 2, 2023

More than one in four (27%) full-time employees find the workplace to be the best space in which to discuss mental health , according to research carried out for Time to Talk Day (Thursday 2 February). This was higher than talking about it at local cafes (21%), the pub or gym (17%) or a library (9%). The survey was conducted by Mind, Co-op, Rethink Mental Illness in England, See Me with Scottish Association for Mental Health, Inspire and Change Your Mind in Northern Ireland and Time to Change Wa

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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.

Proskauer's Employee Benefits & Executive Compensa

JANUARY 31, 2023

The Consolidated Appropriations Act of 2023 (“CAA 2023”), signed into law on December 29, introduced sweeping reforms to the employee benefits landscape. Not only do the CAA 2023’s “SECURE 2.0” provisions make some significant changes for retirement plans , but CAA 2023 also extends the telehealth plan safe harbor for high-deductible health plans (“HDHPs”) that were first introduced in the 2020 CARES Act.

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Benefit Resource Inc.

FEBRUARY 2, 2023

Offering pre-tax benefits is the first step in helping employees lower out-of-pocket expenses, but employers should also make sure to explain the associated financial benefits. Employees have a better chance of managing out-of-pocket spending when they understand how their out of pocket expenses can be reduced and what type of savings will come along with that.

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McDermott Will & Emery Employee Benefits

FEBRUARY 1, 2023

What do retirement plan professionals and participants need to know about the recently passed SECURE 2.0 Act of 2022? In this webinar replay, McDermott’s Employee Benefits team discusses the many changes to retirement plans and individual retirement accounts, including the key changes for 401(k), 403(b) and defined benefit plans as well as other changes impacting […] The post Webinar Replay: What to Know About SECURE 2.0 appeared first on EMPLOYEE BENEFITS BLOG.

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Employee Benefits

FEBRUARY 2, 2023

“When you use a recruitment agency to find new talent, you can expect to pay between £10,000 and £12,000 in fees each time. Add in the hidden expenses associated with people’s time to support onboarding, equipment, and training, and that could cost could climb to £20-30,000 every time you bring someone new into your business”. Tom Nash, HR Business Partner, Sodexo Engage In this blog, we take a look at: why does employee retention matter, defining where you are, supporting employees during the c

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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.

IT