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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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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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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Caregiving is a fundamental driver of mental health challenges: 3 big ways employers can help

Employee Benefit News

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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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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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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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5 wellness trends that matter to employees in 2023

Employee Benefit News

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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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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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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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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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Health plan fiduciary breaches persist under CAA

Employee Benefit News

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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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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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How to effectively recognise remote workers

Employee Benefits

Employers should first identify how employees want to be recognised for their efforts so what they offer resonates with them. Regular communication can be an effective way to support remote workers and adjustments should be made for those who raise concerns. Employers should avoid any risk of proximity bias, whereby they provide more benefits to staff who are right in front of them and, whether it is intentional or not, adopt an out-of-sight, out-of-mind attitude for remote staff.

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

Employee Benefit News

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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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February 24!

Florida Workers' Comp

The time draws nigh for my favorite continuing education opportunity of the year. The OJCC has been producing a free program at the First District Court of Appeal. We have been producing it for a decade, and it is a great success every year. There was that one tough year in 2021 when we went digital in deference to the virus. That was not easy, and regathering in person in 2022 was a great reward for our perseverance.

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Ambulance staff strike over pay

Employee Benefits

Thousands of ambulance workers across Britain commenced strike action today (23 January) over a dispute over pay. More than 2,600 members of trade union Unite in the West Midlands, North West and North East of England will walk out, while a further 1,000 will strike in Wales. The ambulance staff, including those in vehicles, call centres and control rooms, voted by up to 92% for strike action, with 88% of Welsh staff voting yes.

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

Employee Benefit News

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5 Types of Employee Turnover and How to Manage Them

15Five

No one stays in the same job forever — that sounds more like an episode of Black Mirror than fulfilling employment! Change at work is inevitable, whether we choose to take a new opportunity, move to another city, raise children, or eventually retire. That’s turnover; the rate at which employees leave an organization, and are replaced by new people. Low turnover is generally considered desirable.

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Offices valued as a place to get work done, not just connect

Workplace Insight

The latest Workplace Survey from the Gensler Research Institute sets out to explore how employees are spending their time as they return to the office, how offices can more successfully support them, and the strategic design interventions that will have the biggest impact on the workplace experience. As companies consider the future of their workplaces, the new data suggests that U.S. employees are looking for offices that are both highly effective and offer a desirable mix of experiences.

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Get the Report: The State of Employee Burnout

Employee Benefits

Over the last few years, employees have been hit with many stressors that are impacting both their personal and professional lives. Organisations around the world are experiencing unprecedented employee burnout, which negatively impacts retention and productivity. With burnout at record levels and in the midst of a cost of living crisis, it’s hard to know where to begin – but there are powerful strategies that lie within reach of every organisation.

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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.