Employee Benefits
SEPTEMBER 18, 2023
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.
PeopleKeep
SEPTEMBER 20, 2023
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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Employee Benefit News
SEPTEMBER 18, 2023
Samantha Citro-Alexander, CEO of Bitewell, explains why food is essential to preventative care.
McDermott Will & Emery Employee Benefits
SEPTEMBER 20, 2023
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.
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.
Money Talk
SEPTEMBER 21, 2023
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.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
PayrollOrg
SEPTEMBER 22, 2023
Effective October 1, 2023, the Indiana Department of Revenue revised Departmental Notice No. 1 to reflect income tax rate changes in Adams, Clinton, Dearborn, Henry, and Vanderburgh Counties.
Employee Benefits
SEPTEMBER 22, 2023
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
Employee Benefit News
SEPTEMBER 21, 2023
Every company on the list was recognized for having the highest number of hybrid job openings over the last 12 months.
Workplace Insight
SEPTEMBER 20, 2023
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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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.
PayrollOrg
SEPTEMBER 20, 2023
PayrollOrg is pleased to announce that Vice President Ronald Gilson, CPP, was selected to serve on the IRS’s Electronic Tax Administration Advisory Committee.
Employee Benefits
SEPTEMBER 18, 2023
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
Proskauer's Employee Benefits & Executive Compensa
SEPTEMBER 21, 2023
A recent Ninth Circuit decision has generated considerable controversy amongst employee benefits practitioners by holding that plan fiduciaries engaged in prohibited transactions when they amended the plan’s existing recordkeeping contract to add brokerage and investment advisory services. In so ruling, the Court remanded the case to the district court to consider whether the transactions fell within the exemption for reasonable service agreements and, independently, whether it was imprudent for
Workplace Insight
SEPTEMBER 20, 2023
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.
Advertiser: Paycor
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.
Employee Benefit News
SEPTEMBER 18, 2023
As many as 80% of short-term health plan enrollees say that affordable premiums are more important to them than comprehensive health benefits.
Employee Benefits
SEPTEMBER 22, 2023
Sarita Coleman, head of reward at the RSPCA, will present a session about employee engagement on the first day of Employee Benefits Live 2023. Titled Employee benefits: staff engagement is key , the session will cover employee benefits and the importance of staff engagement, how not to assume that all employees know what is available or relevant to them, how to look inwardly at existing offerings to avoid duplication and confusion, and that communication is king when it comes to maximising offer
15Five
SEPTEMBER 20, 2023
Most people leaders today understand the critical importance of promoting equity and inclusion on their teams and building a more diverse workforce. But one letter usually missing from the DEI acronym that we believe should be included is B—for belonging. Even in organizations that prioritize DEI, too many people feel like they don’t truly belong at their workplace or can’t be their authentic selves at work.
Wellable
SEPTEMBER 20, 2023
Health coaching: A solution for rising healthcare costs, a workforce well-being booster, and an organizational savings driver. The post The Power Of Health Coaching At Work appeared first on Wellable.
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.
Employee Benefit News
SEPTEMBER 21, 2023
In order to increase employee engagement, employers should identify the best way to relay benefit information.
Employee Benefits
SEPTEMBER 21, 2023
What do you think of when you hear the term ‘sustainability’? Green plants filling the office, colour-coded recycling bins or an array of reusable coffee cups? There are many small ways we can take eco-friendly approaches within the workplace. But when we look at the scale of the climate crisis we’re dealing with, it highlights how important it is for businesses to take bold, direct action.
Insperity
SEPTEMBER 21, 2023
When you think about employee wellness, categories like physical, emotional and social probably first come to mind. But what is your organization doing to prioritize employee financial wellness? For employees, their personal financial wellness is an acute concern right now. So, what can employers do to address these mostly external factors that can impact employee wellbeing?
McDermott Will & Emery Employee Benefits
SEPTEMBER 19, 2023
In the 118th Congress, the US House of Representatives is keenly interested in healthcare price transparency. Three House committees—Energy and Commerce, Ways and Means, and Education and the Workforce—each approved legislation that would advance price transparency objectives. Generally, these bills seek to codify (or modify) the requirements around hospital and health plan price transparency as […] The post A Look into House Efforts on Hospital and Health Plan Price Transparency appeared
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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
Wellable
SEPTEMBER 17, 2023
Working for Elon Musk: "amazing and terrible". Explore the dualities of Musk's leadership and learn lessons for success. The post Amazing And Terrible: What It’s Like To Work With Elon Musk appeared first on Wellable.
Employee Benefits
SEPTEMBER 20, 2023
French multinational financial services firm Societe Generale has invested €100 million euros (£865.4 million) into a plan to try to close its gender pay gap. The firm, which employs 117,000 workers in 66 countries, will use the funds to boost remuneration of its female employees over the next two years. The investment amounts to less than 1% of its roughly €10 billion (£86.5 million) total wage bill.
PayrollOrg
SEPTEMBER 19, 2023
On September 14, the IRS announced it will not process any new employee retention credit (ERC) claims to help protect businesses from scams.
PeopleKeep
SEPTEMBER 21, 2023
According to the Commerce Institute 1 , 4.4 million businesses start up each year in the United States. Starting a business is an exciting yet challenging endeavor for hard-working entrepreneurs and can come with many unforeseen hurdles, like hiring and keeping a team.
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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.
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