Sat.Oct 29, 2022 - Fri.Nov 04, 2022

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68% of Employers Are Planning Salary Increases for 2023

International Foundation of Employee Benefit Plans

Organizations are planning salary increases and closely examining their total rewards packages for the year ahead in response to changing workforce demands. The International Foundation surveyed U.S. employers and found. Read more > The post 68% of Employers Are Planning Salary Increases for 2023 appeared first on Word on Benefits.

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The lost employee: Payroll’s costly problem

LACE Partners

What is a lost employee? How does it impact payroll? The two Chris’s speak to Daniel Greaves from Brown Brothers Harriman about this topic. Additionally, they share their own examples of how businesses have addressed this issue. The post The lost employee: Payroll’s costly problem appeared first on LACE Partners.

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Corporate culture has embraced mental health benefits. Why are industrial workers being left behind?

Employee Benefit News

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Retirement- Now What? Key Take-Aways from a Seminar for Older Adults

Money Talk

Being the author of a book about transitions in later life , I am always on the lookout for new information about this topic. I recently attended a face-to-face class called Retirement-Now What ? that focused on the same transitions I wrote about. The class started with two questions for each participant: are you retired? and are you happy? When it was my turn to respond, I reiterated a long-standing description of my current status: “No, I am not retired.

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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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2023 IRS Limits for HSA, FSA, 401k, HDHP, and More [Comprehensive Guide]

Griffin Benefits

The IRS has finally announced adjustments to 2023 contribution limits on various tax-advantaged health and dependent care spending accounts, retirement plans, and other employee benefits such as adoption assistance and transportation benefits. Many of these contribution limits, though not all, are indexed to cost-of-living adjustments. Together, these combined announcements by the IRS detail 2023 adjusted limits to the amounts employees can tuck away pretax into Flexible Spending Accounts (FSAs)

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Pre-Tax Benefits Don’t Have to be Scary

Benefit Resource Inc.

It’s that time of year again! The leaves are changing color, the air is getting cooler, and ghosts, goblins, and witches are getting ready to come out and play. But, there’s one thing that doesn’t have to be scary this Halloween —your pre-tax benefits! Commuter benefits, flexible spending accounts, dependent care, and health savings accounts are just a few of the great employee benefits available to help you save money and reduce stress.

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Cancer will be the top driver of healthcare costs in 2023: What employers should know

Employee Benefit News

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Financial Wellness Platforms: How To Launch the Best One for Your Employees

Best Money Moves

Financial Wellness Platforms: How to launch the best one for your employees. Financial wellness platforms can help support employees through tough times. Here’s how to launch the best one for your team. . Employees are feeling the heat. According to John Hancock’s 2022 study of stress , 89% of employees said it was important that employers provided a financial wellness program and 74% said a financial wellness program would help reduce their stress. .

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Employee bleisure travel: Set guidelines for a win-win

Business Management Daily

Imagine you’re daydreaming about visiting China when out of the blue, your company asks if you’re available to make a business trip over there. Could it be? Your dream vacation, funded by your job? You excitedly tell them yes as your mind starts racing thinking about what you’ll do over there, but then they interrupt you to mention there’s a catch: the trip starts Monday and ends Thursday, after which point you’ll need to fly back home so you can rest up for the coming week.

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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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Employee Assistance Program (EAP): 10 Ways to Make the Most Out of It

HR Digest

The pandemic proved once again that there are certain things in life you cannot avoid. Like getting vaccinations at the hospital or paying your taxes. Life goes on, and in the midst of the chaos you have to learn to bear the pain. When this stress becomes too much , an employee assistance program (EAP) can help you make everything seem more manageable.

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Is speech therapy the key to treating long COVID?

Employee Benefit News

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RxDC Reporting: What Plan Sponsors Need to Know

International Foundation of Employee Benefit Plans

RxDC Overview In late 2021, Congress passed the Consolidated Appropriations Act, 2021 (CAA) which contained a provision that requires health care plans to submit Prescription Drug Data Collection (RxDC) reports. Read more > The post RxDC Reporting: What Plan Sponsors Need to Know appeared first on Word on Benefits.

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Are You a Benefits Superhero? 

HR Professionals Magazine

The post Are You a Benefits Superhero? appeared first on HRProfessionalsMagazine.

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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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What Job Skills to Include on Your Resume

HR Digest

Have you ever wondered what skills to put on a resume? Today might be your lucky day to learn a few tips from the HR Digest. Skills are a vital part of the job evaluation process. An employer will decide on which candidates to interview based on how relevant the skills on their resumes are to the job. For this reason, job applicants will need to ensure that they know what skills to add to a resume before submitting theirs.

Media 104
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Getting employees to take advantage of of corporate wellness offerings

Employee Benefit News

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COVID and a Cloud of Dust

McDermott Will & Emery Employee Benefits

The COVID-19 pandemic forced lawmakers to respond with an array of legislation to help Americans, such as the No Surprises Act, the Families First Coronavirus Responses Act and the Coronavirus Aid, Relief and Economic Security Act. Now, however, pandemic-related litigation involving the Employee Retirement Income Security Act of 1974 (ERISA) is becoming more common.

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Effective leadership: How to see the future through the fog

Insperity

In our potentially recessionary, post-pandemic landscape , the future of the workplace is unclear. As the fog of uncertainty looms along the horizon, it is critical that we view the future with a refreshed perspective and playbook. During tumultuous periods especially, there are certain characteristics that distinguish good companies that get by – or even struggle – from great companies that thrive.

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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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Virtual Onboarding: 6 Steps to Engaging New Team Members

BetterUp

The world of work is more virtual than ever before.

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5 ways to help retirement participants navigate inflation and volatility

Employee Benefit News

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Post-Election Committee Membership Tracker

McDermott Will & Emery Employee Benefits

This document serves as a tool to track key congressional positions, as well as potential and pending changes that are relevant to health policy on Capitol Hill. It covers US House of Representatives and US Senate leadership and membership of the healthcare committees of jurisdiction. This tracker will be updated after the election when Congress […].

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What is non-discrimination testing?

PeopleKeep

As an employer or human resources professional for a small or medium-sized business (SMB), there are many compliance considerations to be aware of, especially regarding employee benefits and taxation. One such consideration is non-discrimination testing (NDT) for certain benefits offerings. This article will explain what non-discrimination testing is, when you should complete it, why it’s important for your organization, and what happens if you encounter testing failures.

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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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Free webinar: going the extra mile with more effective health and wellbeing support

cipHR

Join Ciphr and experts from Peoplesafe and Amba on 8 December for a free webinar, as we share how to create effective employee wellbeing programmes. Keeping your employees healthy and safe at work is about more than just complying with legal regulations: it’s the right thing, morally, to do (especially at difficult times), and can make a significant difference to your organisation’s productivity and success.

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The 10 best places to retire in 2023

Employee Benefit News

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Top 15 Professional Goals and Ways to Achieve Them

BetterUp

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Attendance Management Software: 10 important topics of attendance management software

Qandle

Want to replace paper-based time and attendance management software with something more modern? You should seek these 10 attributes, which cover the bases from necessities to nice-to-haves to selling points. With the aid of an attendance management system , you can keep tabs on how much time each person spends on the clock, which may help you avoid breaking any rules or regulations.

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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.