Sat.Oct 05, 2024 - Fri.Oct 11, 2024

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Financial Planning for Longevity

Money Talk

Longevity risk is the possibility of living longer than expected and having adequate income/assets for an extended period of retirement. I recently attended a webinar that predicted future life expectancy will increase due to medical technology advances such as CRISPR (modifying DNA). The webinar also noted that many older adults no longer follow a linear lifeline (birth-school-work-retire-die) but, rather, a cyclical lifeline.

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Making Peace with Gen Z and their Quest for a Work-Life Balance

HR Digest

Leaving the restrictive shackles of hustle culture behind, Gen Z workers are choosing to take the time they need for their personal well-being, regardless of whether they have permission to do it. If there is one thing this generation of workers understands, it’s carving out their own approach to a problem. According to a recent survey on workplace culture, Gen Z workers are more likely to turn to the “quiet vacationing” trend and take some unofficial time off for their mental well-being c

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How to Use Benefits to Stand Out to Top Talent

Best Money Moves

How to use benefits to stand out to top talent. Companies need a competitive benefits package to attract and retain top talent. Here are the standout benefits your employees are looking for. Offering a good salary isn’t enough to attract cream of the crop employees — top talent want an employer that’s invested in their development and wellbeing, both professionally and personally.

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Insights into Major Global Organization Retention Rates

Achievers

Attrition rates are high, and engagement is low. Job seekers are prioritizing flexibility and job security after Covid-19 as companies are implementing engagement strategies to retain their workforce. In 2024, companies are facing increasing turnover as 59% of employees globally are “quiet quitting” , while 75% are considering leaving their jobs due to disengagement.

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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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Social Security Wage Base Increases to $176,100 for 2025

PayrollOrg

On October 10, the Social Security Administration announced that the 2025 social security wage base will be $176,100, an increase of $7,500 from $168,600 in 2024.

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UK’s best workplaces honoured at BCO Awards. And the winner isn’t an office

Workplace Insight

The British Council for Offices (BCO) has announced what it says are the UK’s most exceptional workplaces this year, with eight projects receiving accolades at its National Awards. The TTP Campus, a life sciences facility in Cambridgeshire, was the standout winner, claiming both the Best of the Best and Corporate Workplace awards. The awards, held at the JW Marriott Grosvenor House in London, celebrate excellence in office design, operation, sustainability, and community engagement.

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Emerging Leaders Feel Unprepared for Conflict Management

HR Digest

A conflict between two employees can feel like a minor hiccup at first, but you might blink and find your entire workforce suddenly polarized, having taken sides on which employee’s perspectives they support. In the midst of this chaos, the leader’s conflict management skills come into play, with all eyes on how they manage to diffuse the situation and help things die down.

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New Research Explores How Payroll Leaders Can Overcome the Complexity Crisis

PayrollOrg

Dayforce, in partnership with PayrollOrg, conducted the “Payroll Complexity Survey” to find out how the payroll complexity crisis is impacting today's payroll professionals.

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Why employers should add SAFE leave to their PTO options

Employee Benefit News

Companies should consider offering paid leave for employees who are victims of domestic violence and other serious crimes.

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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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Over 57 and looking for work? Forget it, say HR managers

Workplace Insight

Millions of workers aged 57 and over in the UK are being overlooked for job opportunities, as employers increasingly consider this age ‘too old’ to hire, according to a new poll. The survey, conducted by Totaljobs , claims that a third of people over 50 worry they will struggle to find work due to age discrimination, with one in seven reporting being rejected for jobs because of their age.

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Offering a QSEHRA vs. Group Health Insurance

PeopleKeep

The traditional healthcare benefit options for employers remain group health insurance. But, group policies are difficult for small employers to offer. That’s why these business owners are turning to more cost-effective personalized benefits like the qualified small employer health reimbursement arrangement (QSEHRA). The introduction of the QSEHRA in 2016 gave small business owners access to an affordable and flexible health benefit.

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TGI Fridays’ Mass Closures Reports Mark the End of 1,000 Jobs

HR Digest

Over 2,500 jobs saved, but over a 1,000 jobs lost. TGI Friday mass closure reports suggest that despite the rescue deal, not all of the company’s restaurants will continue to remain functional. According to the data, TGI Fridays has seen 35 restaurant closures across the UK with the administration working with landlords to find a way to save the restaurants that were closed down.

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Adobe, Uber and Google among top companies with best perks and benefits

Employee Benefit News

Beyond salary, the kind of support available at work is often a major driver when it comes to attracting and retaining talent.

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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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Office design goes to the movies

Workplace Insight

Following our recent attempts to create a rudimentary playlist of songs that tell us something, or perhaps nothing, about office design, office life and office furniture, here’s another look at how the parochial world of the workplace can brush up against popular culture. It does this unnoticed for most people, I suppose, but not for those of us bound up in this world.

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Job Satisfaction Factors: Identifying the Right Benefits

PeopleKeep

Employees that are happy and engaged at work drive better business outcomes. In fact, according to a 2020 Gallup study, highly engaged teams see a 23% increase in profitability and an 18% increase in productivity compared to teams where engagement and job satisfaction are low. Based on these insights, you would think that employee job satisfaction should be a top priority for employers.

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10 Tips on How to Motivate Employees and Grow Together with Them

HR Digest

Knowing how to motivate employees is an invaluable tool in your arsenal. Employees who are enthusiastic about their jobs are more likely to be productive and creative with their roles. Employee motivation strategies can be very comprehensive, but they don’t have to be complicated. Employees have one obvious reason to keep working—to earn a living for themselves and their families.

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Supporting trans employees includes helping them navigate their benefits

Employee Benefit News

Having inclusive policies can't help employees if they don't know how to take advantage of them.

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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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Navigating HSA and FSA compliance: Key FAQs and common misconceptions

WEX Inc.

As we enter another season of open enrollment , one crucial topic is top of mind for many employees: HSA and FSA compliance. Health savings accounts (HSAs) and flexible spending accounts (FSAs) are often misunderstood, despite their significant financial advantages. It’s time to clarify the ins and outs of these tax-saving healthcare accounts and answer some HSA and FSA FAQs.

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Types of HR Operating Models

HR Lineup

Human Resources (HR) is the backbone of any successful organization, as it manages the most valuable asset of any business—its people. To efficiently and effectively serve an organization’s needs, HR departments must adopt operating models that are tailored to align with the company’s strategy, size, and workforce requirements. In this article, we will explore the different types of HR operating models, their advantages, disadvantages, and key considerations for choosing the right model for your

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Businesses Often Have No Recourse After Costly Software Outages

InterWest Insurance Services

Lately there’s been a series of massive cyberattacks on software that organizations use to run their businesses, causing major disruptions to companies — and sometimes hamstringing their ability to operate. The most recent example is the Crowdstrike cyber-security software outage that affected some 8.5 million businesses, most notably airlines, which had to cancel thousands of flights globally after their systems went down and they were unable to restart them.

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Creating the right environment for your working parents

Employee Benefit News

Knowing what matters to employees, along with the right benefits, go a long way in encouraging moms and dads to stay.

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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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Stay, Just a Little Bit.

Florida Workers' Comp

It may be hard to imagine, but close your eyes and try. Ok, that didn't work because reading with your eyes closed is a feat for anyone. So, just imagine you have your eyes closed imagining that we could take a journey through the law and in the process look to Jackson Browne, Lisa Loeb, Rhianna, and Justin Beiber in one post. That is a pop-culture diversity that is tough to beat.

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Reactions to the UK’s new Employment Rights Bill

Workplace Insight

Details of the UK’s new Employment Rights Bill were released yesterday. The legislation represents what the government claims is a significant overhaul of workers’ rights, offering more protections and benefits and helping to promote practices like flexible working. Key elements of the bill include granting workers access to statutory sick pay and parental leave from the first day of employment, and introducing a ban on exploitative zero-hour contracts.

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Reminder: Employers with 10 or More Staff Must File ACA Forms Online

InterWest Insurance Services

With 2025 just a few months away, it’s important that small employers understand their group health insurance reporting obligations under the Affordable Care Act as they changed at the start of 2024. Before 2024, only employers that sent out 250 or more Forms 1094-B/1095-B and 1094-C/1095-C were required to file them online with the IRS. But since early 2024 (and affecting the 2023 tax year), employers filing 10 or more ACA reporting forms have been required to file electronically.

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US jobless claims soar to year high, hit by Helene and auto cuts

Employee Benefit News

The devastation caused by the hurricane, along with layoffs, have largely contributed to the jump.

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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.