Sat.Sep 09, 2023 - Fri.Sep 15, 2023

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Annual pay growth for May to July 2023 rises by 7.8%

Employee Benefits

Annual pay growth , excluding bonuses, from May to July 2023 was 7.8%, according to data from the Office for National Statistics (ONS). Its latest labour market figures revealed that this was the same as the previous quarter, the highest regular annual growth rate since comparable records began in 2001, and in line with market expectations. Annual growth in employees’ average total pay including bonuses was 8.5%, due to NHS and Civil Service one-off payments made in June and July 2023.

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Beyond The 401(k): The Full Potential Of Employee Financial Wellness

Wellable

62% of workers see inflation as a barrier to securing their retirement. How can employers help their workforce navigate modern retirement amid market volatility? The post Beyond The 401(k): The Full Potential Of Employee Financial Wellness appeared first on Wellable.

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10 Best Employee Benefits Platforms to look out for in 2023

Vantage Circle

Imagine a world where managing employee benefits is no longer a daunting task but an empowering experience for HR teams and employees. With an innovative employee benefits platform, that world becomes a reality. This game-changing platform revolutionizes how organizations administer and deliver benefits, putting the power in the hands of employees. From personalized plan comparisons to easy enrollment and on-demand access to benefits information, this platform empowers employees to make informed

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PayrollOrg Offers Recommendations on Revised Child Support IWO

PayrollOrg

PayrollOrg’s Government Relations Task Force Child Support Subcommittee commented on the proposed revised Income Withholding for Support Order (IWO).

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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!

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Alabama Issues Guidance, Proposed Rules on Overtime Pay Exemption

PayrollOrg

The Alabama Department of Revenue has issued guidance to help employers understand the reporting requirements for the overtime pay exemption that goes into effect in 2024. The agency has also issued proposed rules.

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Meet EBN's 2023 Excellence in Benefits winners

Employee Benefit News

Get to know the HR leaders, tech innovators and benefit advisers who went above and beyond in 2023 to support employees and clients.

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77% of employers say competition for talent is key issue influencing benefits

Employee Benefits

Competition for talent was cited by three-quarters (77%) of employers as a key issue influencing their benefits strategy , according to research by global advisory, broking and solutions firm Willis Towers Watson (WTW). Its Benefits trends survey , which surveyed 339 UK organisations across a range of industries about their benefit strategies, also found that despite 45% of UK employees favouring workplace benefits that support long-term finances and retirement, more than half of employer respo

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DOL Opens Comment Period for Proposed ‘White Collar’ Threshold Change

PayrollOrg

On September 8, the U.S. Department of Labor (DOL) announced it had opened the comment period on its proposal to increase the minimum salary level for the Fair Labor Standards Act “white collar” exemptions.

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Most workers are worried about poor indoor air quality

Workplace Insight

Most workers are concerned about poor indoor air quality and close to half think its damaging their health, according to a new survey conducted by Opinium for Spiralite. According to the poll, British workers are mostly concerned about the impact of air-quality on their health (64 percent concerned compared to 36 percent not concerned). One fifth (20 percent) are very concerned, rising to 38 percent of people living in London.

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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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Union strikes from California to New York: Why nurses are demanding better pay and safer work conditions

Employee Benefit News

Three nurses share their stories, revealing why these healthcare workers are struggling to stay afloat amid unsafe working conditions.

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How to address a toxic workplace culture

Employee Benefits

Need to know: Toxic workplace cultures exist in many UK oganisations, with leaders and managers often to blame. Creating a culture where employees can raise concerns is essential to overcoming such environments. Organisations need to think about how they react where examples of toxic behaviour do occur. Allegations of toxicity and harassment at the broadcaster ITV, and of those who raised concerns facing bullying and discrimination, show just how damaging a toxic culture can be, both for those w

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Research Note: Experienced People Leader Chooses Ceridian Dayforce for HR Transformation

3Sixty Insights

What You Need to Know Key to the long-term success of any business-to-business vendor are its advocates out in the field: professionals who insist on attesting to their positive experience working with any particular vendor and that vendor’s product. For providers of cloud software for human capital management, when these testimonials encompass the intertwinement of their technology with the aspirations of exemplary people leaders, the stories are especially powerful.

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Wellbeing, flexibility and work-life balance top most employees’ wish list in 2023

Workplace Insight

The latest Employee Wellbeing Data Report [registration] from flexible office provider Mindspace claims that around 9 in 10 employees consider wellbeing facilities and offerings are ‘critical’ when choosing a workplace, and 82 percent expect support from their employers in achieving a work-life balance. The report argues that whilst the trend of ‘quiet quitting’ may be abating and the ‘return-to-office’ mandates are increasing, the survey suggests that attitud

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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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Is AI the new after school tutor? Tech tools are a low-cost solution to education gaps

Employee Benefit News

As U.S. students lag behind academic benchmarks, AI tools can provide affordable support for parents struggling to get them up to speed.

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Two in five older staff are unaware of their total retirement savings

Employee Benefits

Two-fifths of older employees are unaware of how much they have saved for retirement, according to research by workplace savings and pensions fintech Cushon. Its survey of more than 2,000 employees enrolled into a workplace pension found that older employees have less clarity over the value of their retirement pension pots , as 41% of those aged 55 and above are not sure how much they have saved, compared to almost three in 10 (28%) of all UK staff.

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District Court Replaces Plan Trustees With Independent Fiduciary

Proskauer's Employee Benefits & Executive Compensa

In Su v. Fensler , No. 22-cv-01030, 2023 WL 5152640 (N.D. Ill. Aug. 10, 2023), the court granted the Department of Labor’s motion for a preliminary injunction to replace with an independent fiduciary the trustees of the United Employee Benefit Fund, who are accused of breaching their fiduciary duties by using Fund assets to engage in prohibited transactions.

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The Kafka trap of return to office arguments

Workplace Insight

Recently, I bemoaned how Orwell is often invoked in support of an argument by people who haven’t read him. They are usually drawing on some laundered misperception of his work, and especially Nineteen Eighty-Four. Well, this month I witnessed somebody misapplying the work of Kafka in a similar attempt to make a middlebrow point about the so-called return to office.

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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.

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For HR pros, this Q4 checklist will ensure a seamless transition into 2024

Employee Benefit News

Open-enrollment season is also a perfect opportunity to prepare for legal changes, employee-facing reminders and departmental goals.

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Lovewell’s logic: Supporting staff who are childless not by choice

Employee Benefits

This week (11-17 September) is World Childless Week , which is aimed at raising awareness of those who are childless not by choice. According to figures published by the Office for National Statistics (ONS) in January 2022, in the UK, 18% of women who reach the end of their childbearing years do not have children. However, even as family compositions and demographics have changed over the years, childlessness remains something of a taboo subject.

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Tenth Circuit Adopts “Meaningful Benchmark” Pleading Standard in Dismissing Challenges to 401(k) Plan Fees

Proskauer's Employee Benefits & Executive Compensa

In a case of first impression in the Tenth Circuit, the Court recently joined the chorus of circuit courts in holding that a 401(k) plan participant alleging excessive investment management or recordkeeping fees must assert a “meaningful benchmark” in order to survive a motion to dismiss. In addition to rejecting commonly pleaded “benchmarks” because they were not meaningful, the Court’s ruling is of particular significance because, unlike some other courts, it dismissed the participants’ “shar

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Is the Flexible Working Bill a game changer or paper tiger?

Workplace Insight

As LinkedIn data has shown, demand for work flexible working is high. And it outpaces the current availability of remote work offers. In the UK alone, listings for remote jobs have increased by 277 percent. Job postings for hybrid or remote positions received an increase in applications (189 percent) over in-office roles. People want to work remotely for various reasons.

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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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Sick of being sick: Employer tips for dealing with illness in the office

Employee Benefit News

An empathetic outlook on illness can help retention and keep other workers healthy.

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Safe and Sound receives funding to support staff wellbeing

Employee Benefits

Derbyshire-based child exploitation charity Safe and Sound has received British Safety Council funding to support and improve its employees’ wellbeing. The £10,000 funding was awarded to Safe and Sound through British Safety Council’s Keep Thriving campaign to improve workplace wellbeing, and will be used by the charity to implement wellbeing strategy and plans such as bespoke training, team building and wellbeing workshops.

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Camera-On Or Camera-Off? The Psychology Of Virtual Meeting Fatigue

Wellable

Camera usage can increase fatigue and decrease engagement, especially for women and new employees according to recent APA research. The post Camera-On Or Camera-Off? The Psychology Of Virtual Meeting Fatigue appeared first on Wellable.

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Takeaways from a Recent COBRA Notice Class Action Settlement

McDermott Will & Emery Employee Benefits

There has been a flurry of class action lawsuits and settlements relating to the deficiency of required election notices under the Consolidated Omnibus Budget Reconciliation Act (COBRA). The notices provide employees and their beneficiaries who participate in an employer’s group health plan with the option to elect to continue their coverage following a COBRA qualifying […] The post Takeaways from a Recent COBRA Notice Class Action Settlement appeared first on EMPLOYEE BENEFITS BLOG.

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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