Sat.Jan 21, 2023 - Fri.Jan 27, 2023

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COST-EFFECTIVE EMPLOYEE BENEFITS: HOW TO GET MORE FOR LESS

Employee Benefits

The cost-of-living crisis doesn’t just impact employees. Businesses feel the strain, too – some more than others. A YouGov survey highlights the areas where Brits are cutting back on their spending to afford the rising food and energy bills. These cuts will impact some businesses more than others causing them, in turn, to tighten their budgets. In this blog, we take a look at: making business savings, financial education and changing habits, using benefits to fund benefits, and making employee b

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Paid Vacation/PTO Offerings—Time to Check Those Balances!

International Foundation of Employee Benefit Plans

The calendar flipped from December to January, setting off the annual rush of workers checking their updated time-off balances. Dreary January days (like those in Wisconsin today) give workers the. Read more > The post <strong>Paid Vacation/PTO Offerings—Time to Check Those Balances!</strong> appeared first on Word on Benefits.

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15 individual coverage HRA FAQs

PeopleKeep

While traditional group health insurance is the standard route for many employers, it can be too expensive for some organizations, and too rigid for employees who are looking for flexibility and personalization in their health benefit. The individual coverage health reimbursement arrangement (ICHRA) is a unique health benefit that enables businesses of all sizes to offer affordable health coverage to their workers.

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State Electronic/Magnetic Media W-2 Reporting Deadlines Are Approaching

PayrollOrg

Most states require Forms W-2 to be filed with their tax departments electronically or on magnetic media by January 31, 2023. The due dates are in February for the other states with electronic and magnetic media Form W-2 reporting requirements.

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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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Benefits of Payroll Systems for Small and Medium-Sized Businesses and Startups

Qandle

Why don’t more people know about the magic formula for efficient workplace procedures? It means giving one’s all in every endeavor. In what ways may firms improve their resource management thanks to HR? The correct response is “everything.” Managing human resources may be exciting, but it’s also a lot of work, particularly if you use outdated methods like paper-based spreadsheets and manual payroll.

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More Thoughts About Inflation

Money Talk

In earlier posts, I discussed ten upsides of inflation and inflation-fighting strategies. Inflation continues to be in the news so below are some additional insights that I shared recently at a class about inflation-fighting strategies for older adults. UPH is Real - Many people are feeling the effects of “unexpected price hikes” (UPH), a term coined in a T-Mobile ad.

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IRS Opens IRIS Portal to File Forms in 1099 Series

PayrollOrg

On January 25, the IRS opened its new Form 1099 filing portal, the Information Returns Intake System (IRIS). IRIS can be used by businesses that have received their IRIS Transmitter Control Code (TCC).

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Five ways to get the pay rise you deserve

Take It Personel-ly

Think you deserve a pay rise but don’t know how to ask for one? Then you need this latest guide from financial solutions provider NetCredit. It outlines five work scenarios where you’re completely justified in asking for a raise and what to do and say to ensure you get it. Scenario one: More responsibility Taking […] The post Five ways to get the pay rise you deserve appeared first on Take It Personel-ly.

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5 wellness trends that matter to employees in 2023

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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Turn

HR Lineup

Turn is a background check technology platform that allows businesses and organizations to automate the process of conducting background checks on potential employees, contractors, and volunteers. The platform uses a combination of artificial intelligence and machine learning to analyze a wide range of data sources, including criminal records, credit reports, and social media profiles, to provide detailed and accurate background check results in a matter of minutes.

Media 130
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APA’s Past, Present, Future—Bright, Brighter, Brightest Yet

PayrollOrg

Discover what makes Executive Director Dan Maddux a great leader and mentor and how he continues to be a positive influence in the lives and careers of the payroll professionals and staff he’s come across during his tenure with the APA.

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Can You Get Successful And Still Have A Life? Younger People Are Trying To Find Out

HR Digest

Can you have a successful career and still have a life? In the age of the 24-hour news cycle, the idea of having a “normal” life has become an elusive concept. It seems like every hour of the day, our lives are getting more and more consumed. It’s not unusual for us to feel this way about success. But did you know that there are people out there who are able to balance their career with their life outside the office?

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Health plan fiduciary breaches persist under CAA

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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Checkr

HR Lineup

Checkr is a background check company that specializes in providing fast, accurate, and reliable background check services for businesses and organizations. Their platform utilizes advanced technology, such as artificial intelligence and machine learning, to quickly and efficiently process background checks for job applicants, contractors, and other individuals.

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4 Surprising Financial Facts About Millennial and Gen Z Employees

Best Money Moves

4 surprising financial facts about millennial and gen Z employees. Your Millennial and gen Z employees are struggling with unique financial issues. Here are 4 things to know about the youngest members of your team. Millennial and Gen Z employees struggle with unique financial issues and are turning to employers for help. A recent, in-depth survey conducted by Prudential Financial found that many employees in the younger generations are seeking additional financial assistance in order to bring st

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Ideal launches employee engagement strategy

Employee Benefits

Brighton-based smart buildings technology business Ideal has introduced an employee engagement and happiness programme for its 60 members of staff. Run by The Happiness Index, the digital platform was designed to boost people strategy by improving performance and cultural health. Ideal employees can access more than 20 pre-built neuroscience-backed surveys, which help to create actionable insights to drive people strategy.

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Is your CHRO poised to become CEO? How the pandemic changed C-suite succession

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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Certn

HR Lineup

Certn is a Canadian company that provides background check services for individuals and organizations. Their platform offers a variety of screening services, including criminal record checks, credit checks, and employment verification. They also offer customized screening packages for specific industries, such as healthcare and transportation. One of the main features of Certn’s platform is its user-friendly interface, which allows clients to quickly and easily order background checks and

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District Court Rejects Participant’s Attempt to Stop Plan From Recouping Overpayments

Proskauer's Employee Benefits & Executive Compensa

In Kanefsky v. Ford Motor Co. Gen. Ret. Plan , No. 22-cv-2259, 10548 U.S. Dist. 2023 WL 186800 (E.D. Mich. Jan. 13, 2023), the court granted a motion to dismiss a pension plan participant’s claim that the plan was equitably estopped from recouping overpaid plan benefits. Upon termination of his employment, the participant requested and received from the plan a disclosure estimating that his pension would be $6,225.24 per month.

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Popular virtual care options for today’s workforce

Insperity

In a world of remote work, it’s only natural that there would be increased interest in virtual health care. But, the value of a virtual care option goes beyond a fad and should be considered if you’re actively evaluating how to improve your health care benefits offerings for employees. What is virtual health care? Virtual care allows employees to access the health care system and other health-promoting resources remotely via computers, tablets and smartphones.

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How to help your hourly employees deal with high inflation in 2023

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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VICTIG Background Checks

HR Lineup

VICTIG is a company that provides background check services for employers and organizations. Their website states that they offer a range of services including criminal background checks, drug testing, and employment verification. They also claim to have access to over 600 million criminal records and that their services are compliant with federal and state laws.

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New York District Court Rejects ERISA Excessive Fee Claims as Insufficient

Proskauer's Employee Benefits & Executive Compensa

A district court in New York recently dismissed a putative class action challenging retirement plan recordkeeping and investment management fees. The case is Singh v. Deloitte LLP , No. 21-cv-8458, 2023 WL 186679 (S.D.N.Y. Jan. 13, 2023). The court’s decision adds to the growing number of Second Circuit district courts relying on out-of-circuit appellate decisions to dismiss excessive recordkeeping and investment management fee claims for failure to plead proper benchmarks against which to mea

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The benefits offered by Wave

Employee Benefits

The benefits on offer at Wave: Pension A master trust pension scheme for all employees. Those aged 22 and over are auto enrolled, but it is open to all employees. Matching contribution levels: 3% employee contribution, 6% employer; 4% employee 8% employer; 5% employee and 10% employer. Employees can contribute as much as they wish as long as it does not take their take-home pay below the minimum wage.

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'A silent suffering': Making the workplace more inclusive for those with hearing loss

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.