Sat.Sep 16, 2023 - Fri.Sep 22, 2023

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Private medical insurance becomes most important employee benefit

Employee Benefits

Private medical insurance (PMI) has become the most important perk that employees look for in their benefits package, according to new research by Zest. The employee benefits technology platform’s findings highlight growing challenges in the UK around access to healthcare, as more people explore private provision as opposed to solely relying on public healthcare, due to growing waiting lists.

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12 types of employee stipends and examples of each

PeopleKeep

Offering robust employee benefits can greatly help companies that are looking to attract and retain top talent. In addition to offering traditional benefits like health insurance or retirement contributions, more employers are offering stipends to employees. These are additional funds an employer provides to cover specific employee expenses on a one-time basis or on a regular cadence.

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Why food access might be the next big thing in healthcare benefits

Employee Benefit News

Samantha Citro-Alexander, CEO of Bitewell, explains why food is essential to preventative care.

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Webinar Replay: SECURE 2.0 and the Impacts of Employer Matching for Student Loan Payments

McDermott Will & Emery Employee Benefits

Student loan debt is set once again to impact millions of American workers. Fortunately, starting next year, employers will have new ways to help employees navigate student loan debt. Provisions of the SECURE 2.0 Act will allow employers to provide employer-matching contributions based on their employees’ qualified student loan repayments outside the plan.

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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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How to Protect Yourself in Today’s Scary Economic Environment

Money Talk

I recently taught a class with the same title as this post. It began with a summary of recent “scary” economic events: recession fears, rising interest rates, bank failures, volatile stock prices, increased costs of basic expenses due to inflation, layoffs, low savings rates, increasing credit card APRs and household debt, housing unaffordability, and more.

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More Trending

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Limiting short-term health plans will limit patient and broker choice

Employee Benefit News

As many as 80% of short-term health plan enrollees say that affordable premiums are more important to them than comprehensive health benefits.

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Top 10 Enterprise Payroll Software in 2023

HR Lineup

Payroll management is critical for businesses of all sizes, but it becomes especially complex for enterprises with a large workforce. In 2023, enterprise payroll software has evolved to offer advanced features that streamline the payroll process, ensure compliance with tax regulations, and enhance employee self-service options. To help you choose the right solution for your organization, we’ve compiled a list of the top 10 enterprise payroll software options for 2023. 1.

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Workplace Ethics [Episode 5] Jacob Ficner on Managing Ethical Risk with Technology

HR Bartender

Estimated reading time: 3 minutes Organizations want to operate in an ethical manner. They also want to be effective and efficient. There’s no reason that organizations have to compromise on doing it all. It starts with building a good foundation of ethics. But then organizations need to think about how to maintain ethics, no different that regularly examining data and information to ensure effectiveness and efficiency.

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PayrollOrg Vice President Ronald Gilson, CPP, Selected to Serve on IRS ETAAC

PayrollOrg

PayrollOrg is pleased to announce that Vice President Ronald Gilson, CPP, was selected to serve on the IRS’s Electronic Tax Administration Advisory Committee.

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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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CVS, Peloton and DoorDash among top 25 companies offering hybrid jobs

Employee Benefit News

Every company on the list was recognized for having the highest number of hybrid job openings over the last 12 months.

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13 Best Candidate Assessment Tools to Consider in 2023

HR Lineup

In today’s competitive job market, finding the right talent for your organization is more critical than ever. To make informed hiring decisions, companies are increasingly turning to candidate assessment tools that help them evaluate candidates objectively and efficiently. These tools not only save time but also ensure that organizations hire individuals who not only meet the technical requirements but also fit well within the company culture.

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Two-thirds of UK staff do not feel connected at work

Employee Benefits

Two-thirds of UK employees do not feel a sense of connection and belonging at work, according to research by employee engagement and HR technology firm Reward Gateway. Its survey of 1,000 UK employees in organisations with a headcount of more than 100 also found that 24% of respondents often experience loneliness at work. Gen Z workers aged between 18 and 24 years were the most likely age group to feel this way,with 32% saying this is the case, despite 81% workers having a social network at work

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IRS Pauses Processing of New ERC Claims Due to Scams

PayrollOrg

On September 14, the IRS announced it will not process any new employee retention credit (ERC) claims to help protect businesses from scams.

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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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Open enrollment communications that rock

Employee Benefit News

In order to increase employee engagement, employers should identify the best way to relay benefit information.

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10 Best AI Recruiting Tools for HR Professionals in 2023

HR Lineup

In today’s fast-paced job market, finding the right talent can be a challenging and time-consuming task for HR professionals. Fortunately, artificial intelligence (AI) has revolutionized the recruitment industry by providing innovative solutions that streamline the hiring process. These AI recruiting tools leverage machine learning algorithms to sift through resumes, identify top candidates, and improve overall hiring efficiency.

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Workers increasingly concerned that AI will come for their job in the very near future

Workplace Insight

Two thirds of IT workers and nearly half of office workers think that generative AI may come for their jobs within five years, according to a new report from Ivanti. The poll of nearly 8,000 respondents worldwide also suggests that 57 percent of people report ‘serious friction’ with workplace technology at least weekly and 61 percent say negative experiences with work tech affects their morale.

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PayrollOrg Contacts DOL About Bank Failures

PayrollOrg

PayrollOrg recently sent a letter to the U.S. Department of Labor (DOL) on wage and hour/pay period requirements and the impact of bank failures.

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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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Innovation is a driving force behind mental health parity

Employee Benefit News

Hybrid plan designs that reduce out-of-pocket costs will make benefits more accessible and ultimately help level the playing field.

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10 Best Contractor Management Software in 2023

HR Lineup

In today’s fast-paced business environment, managing contractors efficiently and effectively is crucial for the success of any organization. Contractor management software has become an indispensable tool for businesses looking to streamline their operations, improve compliance, and enhance overall productivity. As we step into 2023, the demand for robust contractor management solutions continues to grow.

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Five Steps to Nurture Belonging in the Workplace

International Foundation of Employee Benefit Plans

Benefits Magazine Extras articles provide you with bonus content on a mix of benefits topics as well as deep dives and analyses on the latest benefit trends and compliance issues. Visit ifebp.org/benefitsmagazine to see the latest Benefits Magazine Extras as well as the bimonthly print […] The post Five Steps to Nurture Belonging in the Workplace appeared first on Word on Benefits.

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Papaya Global Makes U.S. Expansion a Breeze

PayrollOrg

Papaya Global announced it is expanding its role in the U.S. market, helping companies decide which employment model is best suited to them, whether the company has its own entity in the U.S. or not, and can even provide payments and management for independent contractors—experts in global expansion to help maintain compliance.

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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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How to make all your employees happy (enough)

Employee Benefit News

Despite age and diversity differences, these organizations are working to make all employees happy at work.

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CodinGame

HR Lineup

CodinGame is a cutting-edge platform that has gained prominence as a powerful tool for technical assessments, serving both job seekers and employers in the tech industry. With its unique approach to evaluating coding skills and problem-solving abilities, CodinGame has established itself as a top choice for companies looking to identify and hire talented developers.

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Remote and hybrid working may have significant impact on carbon footprint

Workplace Insight

Fully remote workers can have a 54 percent lower carbon footprint compared with fully in-office workers, and all forms of remote and hybrid working have the potential to cut emissions, according to a new study from researcher at Cornell University and sponsored by Microsoft. The authors conclude that lifestyle choices and work arrangements playing an essential role in determining the environmental benefits of remote and hybrid work.

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Santander and Thames Valley Police recognised at Menopause Friendly Awards

Employee Benefits

Banking organsiation Santander, Department for Education and Thames Valley Police were recognised at the 2023 Menopause Friendly Employer Awards. Hosted by Henpicked: Menopause in the Workplace and sponsored by HSBC UK, First Direct, Marks and Spencer Bank and Peppy, the awards were presented by broadcaster Louise Minchin last week. Now in its second year, the awards recognise organisations and individuals who have committed to provide support, solutions and resources to normalise menopause in t

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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.