Sat.Apr 23, 2022 - Fri.Apr 29, 2022

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Five Challenges Paid Time Off Could Help Solve

International Foundation of Employee Benefit Plans

In 2022, employees expect their benefits to address flexibility as much as they expect health and retirement benefits. Many employers are starting to realize that flexibility will affect the future. Read more > The post Five Challenges Paid Time Off Could Help Solve appeared first on Word on Benefits.

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Gen Z, Millennials Grow Disillusioned with Their Health Insurance

InterWest Insurance Services

Surprise bills and billing errors are driving growing dissatisfaction among Millennials and Gen Zers with their health insurance, a new study has found. HealthCare.com ‘s “2022 Medical Debt Survey” found that about one in four Gen Zers and Millennials with medical debt skipped rent or mortgage payments because of their debt. That’s compared with 21% for Gen Xers and 12% for baby boomers.

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Sweeping Changes Coming to Employer-Funded 401(k) Plans

Griffin Benefits

Historically speaking, retirees have typically relied on three primary tools to help them prepare for retirement: pension plans, Social Security, and defined contribution plans, like 401(k) plans. That’s no longer the case. Pension plans are virtually non-existent, falling from nearly half of private sector participation in the mid-1980s to less than 15% today.

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12 virtual employee appreciation ideas for recognizing remote workers

Achievers

At this point, there’s no denying that remote work is part of our new normal. For many employees, that is a relief. They can spend more time with their families and less time commuting. They can set aside time for deep work without the inevitable interruptions that come with an in-office day. And they can make themselves truly comfortable wherever they decide to get the job done.

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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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Miscellaneous Nuggets From Conferences Past

Money Talk

I was recently cleaning out some of my files and threw out some old conference programs from the early 2010s. Before I did, I reviewed notes that I had taken looking for some “timeless nuggets” that are still relevant in 2022. Below are ten conference insights that stood out to me as still being relevant a decade later: Future Mindedness - Things appear “closer” than they otherwise are if clarity is forced upon people.

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Mental Health Stigma: 10 Tips to Fight Discrimination

BetterUp

Jump to section. What is stigma? The cost of mental health stigma. Why is mental health stigmatized? 6 types of stigma. How mental health stigmas impact individuals. Ways to cope with mental health stigma. What can I do about stigma?

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How you can boost employee experience in a flexible working world  

LACE Partners

Our latest blog looks at how organisations can design their flexible working policies to create positive experiences for employees. If you’d like to talk to us about how you differentiate your people experiences , we can help, so get in touch using the contact form below. . Your employees won’t be happy all the time and you shouldn’t expect them to be.

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Why Emotional Intelligence Is the Key to Successful Leadership

HR Digest

Leaders have a significant role in the economic world. While great leaders can benefit an organization in a number of different ways, unsuccessful leaders can be damaging. Emotional intelligence has been proposed as a factor in determining whether or not a leader is effective. Here we look at the relationship between emotional intelligence and leadership effectiveness.

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Is Gamification an Effective Employee Motivator? | BerniePortal

BerniePortal

Gamification has become one of the more popular methods of enhancing the employee experience within the modern workplace. It has been marketed as a system to increase employee engagement and productivity while also boosting employee satisfaction. But what exactly is gamification? And what impact can it have on your organization? Continue reading to learn all of the details.

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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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Happy Memorial Day

Florida Workers' Comp

I am not a veteran, though I have the utmost respect for those who have (and do) served this country. I have known my share over the years, and have reflected even upon those whom I never met. I recognize that many have suffered and many were lost. See Remembrance (September 2021). I am beholden to those who have made the life we live possible. Long before my birth, in another age, there was a conflict on this continent that remains deeply ingrained to this day in all that is America.

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Having “too many” interests isn’t holding you back, it’s launching you forward

BetterUp

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IRS Announces 2023 Limits for Health Savings Accounts, High-Deductible Health Plans and Excepted Benefit HRAs

McDermott Will & Emery Employee Benefits

Recently, the Internal Revenue Service (IRS) announced (See Revenue Procedure 2022-24) cost-of-living adjustments to the applicable dollar limits for health savings accounts (HSAs), high-deductible health plans (HDHPs) and excepted benefit health reimbursement arrangements (HRAs) for 2023. All of the dollar limits currently in effect for 2022 will change for 2023, with the exception of one […].

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What is an FSA? | BerniePortal

BerniePortal

During open enrollment , employers often offer fringe benefits like FSAs and HSAs, which can help employees save significantly on qualified medical expenses not covered by their health insurance. So, here’s what you need to know about FSAs, including how they differ from HSAs.

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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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British Council for Offices honour London’s best workplaces at annual Regional Awards

Workplace Insight

Six London workplaces have been recognised at the annual British Council for Offices’ (BCO) Regional Awards. The London Awards Lunch returned in-person to the London Hilton on Park Lane, recognising the highest quality developments in London and setting the standard for excellence in the office sector across the UK. The winning workplaces include: 80 Charlotte Street (Commercial Workplace); Plumtree Court, 25 Shoe Lane (Corporate Workplace); Dojo, The Brunel Building, 2 Canalside Walk (Fi

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A comparison of popular HRA administrators

PeopleKeep

Health reimbursement arrangements (HRA) have gained traction with employers across the country because they’re flexible, easy to implement, and customizable. But the key to any successful HRA lies in its administration, including compliance, management, and privacy rules. HRA administrators help organizations facilitate their HRA according to Internal Revenue Service (IRS) regulations so they can have an employee health benefit without the headache.

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15+ Answers to Why Do You Want to Work Here

HR Digest

“Why do you want to work here?” is a popular interview question for job candidates. Sometimes the interviewer may also ask questions like “What makes you want to work for us?” to evaluate whether you have researched the company and to determine if your values align with the company’s culture. “Why do you want to work here?” is often used as a qualifying question to confirm that the candidate is a “good match” for the company.

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How Does Disability Insurance Work? | BerniePortal

BerniePortal

Employers often offer ancillary benefits like disability insurance as part of the enrollment process , but unlike health coverage , not all employees will need ancillary benefits. So, what is disability insurance? Here’s what you need to know, including the difference between short- and long-term disability coverage.

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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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A third of workers think their jobs are at risk from automation

Workplace Insight

A new poll claims that one in three (37 percent) employees consider their current job to be at risk from automation and digital transformation. HR software provider CIPHR has compiled a list of the occupations that are the most and least likely to be replaced by technology or machines, based on the results of a survey of more than 1,000 UK workers: www.ciphr.com/jobs-at-risk-from-automation.

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What is Indirect Compensation? | PeopleKeep

PeopleKeep

When it comes to attracting and retaining employees , offering a competitive salary sometimes isn’t enough. Employees increasingly desire added benefits and perks thanks to a tight labor market, growing inflation, and decreased consumer confidence in the economy. Offering indirect compensation such as employee benefits is an excellent way to attract top talent and improve the productivity of your current employees.

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Announcing 15Five’s Integration with ADP Workforce Now®

15Five

15Five is a human-centered performance management platform that creates effective managers, highly engaged employees, and top-performing organizations. 15Five is often used as part of a complete ecosystem of tools used to enable the HR function. Many companies that use 15Five also use an HR Information System (HRIS) for core administrative functions like payroll, benefits administration, etc.

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The Challenges and Opportunities of Hybrid Work

McDermott Will & Emery Employee Benefits

What are some of the challenges and opportunities of hybrid work arrangements? In this Lexology GTDT Market Intelligence article, McDermott Partner Carole Spink offers insight about tracking remote work, navigating local rules, and protecting confidential and propriety information. Access the article. The post The Challenges and Opportunities of Hybrid Work appeared first on EMPLOYEE BENEFITS BLOG.

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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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Demand for office space ‘bounces back’

Workplace Insight

The start of 2022 saw a jump in new tenants looking to rent UK commercial property, with the uplift particularly prevalent in prime office space. Investor enquiries across all UK commercial property also continued to rise, according to the RICS Commercial Property Market Survey, Q1 2022. Respondents to the survey saw a notable increase in UK office demand in Q1 2022 with the net balance improving to +30 percent from a flat picture at the end of 2021.

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72% of Workers Regret Changing Jobs During The Great Reshuffle

Wellable

Much ink has been spilled over the dramatic rise in resignations during the pandemic. Often, the discussion is backward-looking, focusing on potential causes that could be pushing workers to leave their roles in search of something better.

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3 strategies for managing and reducing stress in the workplace

Sodexo Engage

Summary: What do we mean by ‘workplace stress’? What causes stress in the workplace? Signs that your employees may be stressed. What are the financial and health impacts of stress in the workplace? How can employers reduce stress at work? 3 strategies to consider. Ready to reduce stress in your organisation? 3 strategies for managing and reducing stress in the workplace.

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ERIC Files Amicus Brief Rebutting DOL Attempt to Create New Regulations in Lawsuit

McDermott Will & Emery Employee Benefits

McDermott Will & Emery’s Andrew C. Liazos, Michael B. Kimberly and Charlie Seidell recently filed an amicus brief in the US Court of Appeals for the 10th Circuit on behalf of the ERISA Industry Committee (ERIC). McDermott filed the brief in response to a US Department of Labor (DOL) amicus brief that advanced a novel […]. The post ERIC Files Amicus Brief Rebutting DOL Attempt to Create New Regulations in Lawsuit appeared first on EMPLOYEE BENEFITS BLOG.

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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.