Sat.Oct 01, 2022 - Fri.Oct 07, 2022

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Can Employees Be Paid Quarterly?

Patriot Software

When you’re trying to decide how often to pay employees, you’ll realize there are several options. Common pay frequencies include weekly, biweekly, semi-monthly, and monthly. But, you might be wondering if your employees can be paid quarterly. Is a quarterly payment schedule legal? Federal laws do not mandate how frequently you must pay employees. However, […] READ MORE.

Payroll 85
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3 myths preventing employers from embracing HSA-qualified plans

Employee Benefit News

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Understanding FMLA Leave for Mental Health Conditions

Griffin Benefits

Mental health is a growing concern in the workplace. Over the past few years, many employees have experienced mental health issues, such as burnout, depression, anxiety, and substance abuse. Employers have responded by expanding mental health benefits, including adding mental health programs, increasing schedule flexibility, offering telemedicine options for mental health, and providing more mental health education.

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How to keep employees happy in a troubled economy? Celebrate their work

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.

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Supporting Working Parents

International Foundation of Employee Benefit Plans

Employer considerations for working parents includes a review of current laws and best practices when supporting nursing mothers. The post Supporting Working Parents appeared first on Word on Benefits.

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Arkansas Inflation Relief Drops Top State Individual Income Tax Rate to 4.9%, Lowest in State History 

Patriot Software

Arkansas residents, this one’s for you. Governor Hutchinson recently signed legislation to immediately lower the state’s top individual tax rate and provide tax credits to low- and middle-income taxpayers. And as an employer, you need to know how these changes impact your payroll withholding. Read on about this recent Arkansas inflation relief. What is the […] READ MORE.

Taxes 91
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Time Theft: What it Is and How to Stop It

Patriot Software

Do you think an employee is stealing time from your company? There are many types of employee time theft. And, worker time fraud can be expensive for your business. Let’s say you have an employee who steals 15 minutes of time per shift, and they work five times per week. The employee earns $10 per […] READ MORE.

IT 100
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Thirteen Miscellaneous Financial Nuggets from Recent Webinars

Money Talk

It’s that time again…time to recap “nuggets” from recent webinars and conferences that I attended. Below is a list, in no particular order, of insights, facts, and recommendations that stood out to me as being original, significant, and/or useful: New Definition of Retirement- The word “retire” does not necessarily mean “stop working.” Instead, it means “not having to work.

Taxes 188
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The 10 workplace policies job seekers are demanding

Employee Benefit News

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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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What happens to 401k if furloughed?

HR Digest

If you’re furloughed, does that mean your 401k is canceled? In a sentence: no, your furlough pay reduction does not lead to 401k cancellation. Your 401k is yours, and it stays yours. While you may not be able to contribute to your account during furloughs, you can still contribute yourself after the furlough ends. This means that if you want to keep saving for retirement, you can do so—and with the right tips, you could even get a little extra cash for your savings.

401(k) 115
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Weathering the storm: How to “recession proof” your business

Insperity

Talks of an impending economic recession , whether it’s forecasted to be a rain shower or a torrential downpour, can be stressful for all business leaders. No matter what actually unfolds, it’s a good idea to prepare for the road ahead in order to mitigate the worst impacts on your business. Some advice is universal and applies to any economic downturn, such as: Protect cash flow Reevaluate unnecessary expenses Solidify relationships with customers.

Bonuses 108
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What is Transgenerational Trauma, and How Does it Affect Our Families?

BetterUp

Jump to section. What is transgenerational trauma? Who is affected by transgenerational trauma? How are intergenerational and historical trauma different? What causes transgenerational trauma? Examples of transgenerational trauma. Symptoms of transgenerational trauma. Ending the cycle of transgenerational trauma. Treatment for transgenerational trauma.

IT 100
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40% of employees are frustrated by too many workplace logins — and it's creating cyber risk

Employee Benefit News

IT 102
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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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What are the four key elements of a good performance appraisal?

HR Digest

Job appraisals are done for so many good reasons that benefit a company. An employer can better assess their company’s goals when a job performance review is done. . Progress can only happen when a destination is set and constantly reviewed. A company will move forward when employees are reviewed from time and awarded for their work as needed. . In this article, we explain what job appraisals are all about and the four main elements of a good appraisal review. .

Salary 104
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Mental health in the workplace: 9 Reasons why it needs to be a priority

Sodexo Engage

Summary: 9 reasons for prioritising mental health in the workplace. 1. Absenteeism. 2. Disengagement and lack of motivation. 3. Duty of care. 4. Employee burnout. 5. Financial implications. 6. CSR credentials. 7. Talent acquisition. 8. Employee retention. 9. Risk to people and business. Make employee mental health your number 1 priority with Sodexo Engage.

IT 98
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Cartel Corner | August 2022 (Labor Markets)

McDermott Will & Emery Employee Benefits

The DOJ continues its efforts to create a novel area of potential criminal liability for labor market investigations. Historically, government enforcement of alleged anticompetitive labor market practices occurred in the civil context, resulting in fines for companies and individuals found to have participated in inappropriate practices. In late 2016, the DOJ began its campaign to expand […].

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70% of caregivers fear they'll have to leave the workforce to support loved ones

Employee Benefit News

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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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What are OKR Goals? The Basics of This Goal Setting Approach

15Five

It took 2,500 years to build the Great Wall of China. The Ming Wall alone, its most famous section, took 276 years to build. So did every bricklayer — or even every Ming emperor — show up to work each day thinking about completing the Great Wall? We certainly hope not, or they’d be overwhelmed with stress! That’s the idea behind OKRs, or objectives and key results.

Health 98
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Break through Barriers in the workplace this Dyslexia Awareness Week

Sodexo Engage

Summary: Why we need to focus on dyslexia. The legal requirements. What is dyslexia? Reasonable measures. Excel together. Break through Barriers with Sodexo Engage. break through Barriers in the workplace this Dyslexia Awareness Week. Dyslexia Awareness Week, organised by the British Dyslexia Association , aims to raise awareness about dyslexia and provide resources to schools, businesses, and the public on the 2022 theme of ‘Breaking through Barriers’.

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CMS Announces 2023 Medicare Premiums and Deductibles

McDermott Will & Emery Employee Benefits

On September 27, 2022, the Centers for Medicare & Medicaid Services (CMS) released 2023 premiums, deductibles and coinsurance amounts for Medicare Parts A and B, and the Medicare Part D income-related monthly adjustment amounts. In 2023, the standard monthly premium for Medicare Part B enrollees will be $164.90, a decrease of $5.20 (from $170.10) in 2022, […].

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Long story short: Make a difference in an employee's life with your benefits

Employee Benefit News

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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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What is the future of people analytics?

HR Digest

The future of people analytics is an exciting one. As our world becomes more connected, with more and more people in the workforce, we will be able to better understand how to best leverage the skills and talents of our employees. This will come in many forms: from understanding how to make the most of collaboration between departments, to knowing when and where to invest in training for new hires, and even knowing which employees are ready for promotions.

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Medical Claims Reviews—What Your Plan May Be Missing

International Foundation of Employee Benefit Plans

With thousands and thousands of codes that can be assigned to everything from the diagnosis of a patient’s condition to the facility where they receive care, there is plenty of. Read more > The post Medical Claims Reviews—What Your Plan May Be Missing appeared first on Word on Benefits.

Medical 87
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Growing Antitrust Scrutiny of Healthcare Mergers: What Healthcare Executives Need to Know

McDermott Will & Emery Employee Benefits

How can healthcare executives navigate the growing antitrust scrutiny of healthcare mergers, and what are some of the key issues facing executives in the current regulatory environment? In this conversation with The Chartis Group, McDermott Partner Katharine O’Connor discusses the legal considerations for healthcare executives seeking to navigate mergers.

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How should our drug testing program evolve amid shifting marijuana laws?

Employee Benefit News

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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.