Sat.Apr 01, 2023 - Fri.Apr 07, 2023

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9 ways your benefits administration partner should be supporting you

WEX Inc.

With 42% of HR teams struggling to keep up with the numerous challenges of their job , actions should be taken to avoid HR burnout. Outsourcing your benefits with an administrator you can trust is a smart way to lighten HR workloads and set yourself up for success. If your current ben admin partner is failing to meet expectations, now is the time to consider switching ben admin providers.

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4 Retirement Plan Features You Need to Consider

Patriot Software

Offering a retirement plan comes with a host of benefits, including generous 401(k) tax credits, while also serving as a potent tool for recruiting and retaining top talent. There are also unique benefits that come from integrating your 401(k) plan with your payroll provider.

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Money Savvy Kids: How Plan Sponsors Can Help Build Financial Capability for Families

International Foundation of Employee Benefit Plans

April is National Financial Capability Month in the U.S., which represents an opportunity for employers and plan sponsors to help their employees and plan participants boost their money skills. One audience, however, that employers may not typically consider for financial education is […] The post Money Savvy Kids: How Plan Sponsors Can Help Build Financial Capability for Families appeared first on Word on Benefits.

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What is a spot bonus?

PeopleKeep

When you have exceptional employees, you want to reward them for their hard work. A promotion or bump in salary isn't your only option to show appreciation. You can recognize an employee's extra effort or specific accomplishments with a spot bonus. Unlike annual bonuses, spot bonuses are given "on the spot" to reward an employee for a particular action or behavior.

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Future-Proof Your Talent Pipeline

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?

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Majority want shorter implementation timeline for free childcare

Employee Benefits

Employee Benefits poll: Almost nine in 10 (89.7%) Employee Benefits readers feel the government should have aimed for a shorter implementation timeline for the free childcare initiative introduced during this year’s Spring Budget. A total of 6.1% said that they did not think the government should have aimed for a shorter implementation timeline, whereas 4.2% were unsure.

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Bereavement Leave: What It Is and How It Works

BetterUp

When a loved one passes away, it puts emotional and mental stress on those left behind. The death of an employee’s family member often also brings logistical, financial, and administrative tasks. In addition to dealing with the reality of the loss, many people will suddenly find themselves in the position of executor, planner, and often mediator.

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Returning to the office – So what exactly is ‘normal’?

TLNT

Last week, a spat about the veracity of government data between a prominent HR academic and the Bureau of Labor and made unexpected news.

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How to Choose the Best Fit Global Employer of Record (EOR)?

HR Lineup

In today’s global economy, companies are expanding their businesses across borders, opening new markets, and exploring new territories. As a result, global workforce management has become an essential aspect of every organization’s success. One of the primary challenges that companies face is navigating the complex landscape of international employment law, regulations, and compliance requirements.

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The future of employment is shaped by AI

Employee Benefit News

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Understanding Group Medicare for an Aging Workforce: Key Considerations for HR Leaders

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.

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Highlights From a Conference on Retirement Savings

Money Talk

At the 2022 Retirement Summit sponsored by the Employee Benefit Research Institute (EBRI), there were four main topics: improving individuals’ access to retirement savings plans, reducing plan leakage (i.e., when workers take a pre-retirement distribution), helping people spend down their assets in retirement, and improving investment outcomes for American workers within the retirement system.

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15 Ways to Improve Your Focus and Concentration Skills

BetterUp

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How Does Employer of Record (EOR) Service Model Work?

HR Lineup

In today’s rapidly changing business landscape, companies are facing unprecedented challenges when it comes to managing their workforce. With the rise of the gig economy and the growing trend of remote work, employers are struggling to keep up with the changing regulations and compliance requirements. This is where Employer of Record (EOR) services come in.

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3 ways to revamp benefits communications

Employee Benefit News

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Ready to Save Time With AI? Try 14 ChatGPT Prompts for HR

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.

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Trust in Action: Building a Reliable Workplace from the Ground Up

HR Digest

Workplace trust is a vital aspect of any successful organization. Without it, employees may feel disconnected from their peers, their superiors, and the organization as a whole. Building trust in the workplace is not only essential for creating a positive work environment but also for achieving organizational goals and building workplace integrity.

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Northwestern University’s Alternative Explanations Not Strong Enough To Defeat ERISA Excessive Fee Claims

Proskauer's Employee Benefits & Executive Compensa

On remand from the U.S. Supreme Court, the Seventh Circuit issued its opinion in Hughes v. Northwestern University , concluding that participants in two Northwestern 403(b) plans plausibly pled fiduciary-breach claims based on allegations of excessive recordkeeping and investment management fees, but dismissed their claim that too many investment options caused them “decision paralysis.

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What is a Global EOR & When Companies Should Use One?

HR Lineup

In today’s globalized economy, many companies are expanding their operations overseas, seeking new markets, and hiring talent from around the world. However, as they venture into new countries, they must comply with a myriad of local labor laws, regulations, and tax requirements. This complexity can create significant challenges for companies that are not familiar with the legal and administrative requirements of each country.

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Debt stress is impacting retirement savings, and mental health

Employee Benefit News

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The Great Disruption: Leveraging AI To Better Your Benefits Strategy

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.

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Cracking the Harassment Code: Strategies for a Safe Workplace

HR Digest

Workplace harassment is a serious issue that affects millions of workers worldwide. It can take many forms, including verbal abuse, physical assault, intimidation, and discrimination based on race, gender, sexual orientation, or disability. Not only does harassment create a hostile and toxic work environment , but it can also have serious psychological and physical effects on the victim.

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Why ‘quiet hiring’ is the secret to boosting productivity and retaining staff

TLNT

Organizational structures have traditionally focused on empowering employees to work exclusively in their specialist role – but this may no longer be the smartest approach for organizations that want to maximize their capacity and boost productivity.

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A Complete Guide to Talent Experience

HR Lineup

Talent experience, also known as candidate experience or employee experience, refers to the sum of interactions and perceptions a candidate or employee has with an organization throughout the recruitment process and the employment journey. The talent experience is a crucial aspect of any organization’s success, as it affects their ability to attract and retain top talent.

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The 4 expenses retirees most underestimate, and how advisers can help

Employee Benefit News

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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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Talk the Talk: The Importance of Effective Communication in HR Strategy

HR Digest

Effective communication skills are a critical aspect of human resources (HR) management. HR professionals must communicate with employees, managers, and other stakeholders regularly to ensure that everyone is informed, engaged, and aligned with the organization’s goals and values. In this article, we will explore why effective workplace communication is essential in HR and provide tips on how to communicate effectively in the workplace.

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Employee offboarding strategy: Saying farewell the right way

Insperity

Your company probably has an onboarding strategy and orientation process for new hires. But what about when employees leave your company – whether it’s a voluntary resignation, layoff or termination? Does your company have an offboarding strategy as well? You should. Especially with The Great Resignation lingering and the potential for widespread layoffs associated with an economic recession , being prepared with an offboarding strategy is critical.

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Litmos

HR Lineup

Litmos is a cloud-based learning management system (LMS) designed to deliver effective online training and e-learning programs for organizations of all sizes. The platform offers a comprehensive set of tools and features to create, manage, and deliver training content to learners, allowing businesses to enhance employee skills, improve productivity, and drive business growth.

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4 ways work is changing in 2023

Employee Benefit News

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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.