Sodexo Engage

JANUARY 19, 2023

Summary:

Employee Benefits 52

Employee Benefits 52

CorpStrat

JANUARY 17, 2023

Many employee benefits are subject to annual dollar limits that are adjusted for inflation by the IRS each year. The following commonly offered Employee Benefits are subject to these limits: High deductible health plans (HDHPs) and health savings accounts (HSAs). Health flexible spending accounts (FSAs). 401(k) plans. Transportation fringe benefit plans.

401(k) 52

401(k) Employee Benefits Flexible Spending Account Health Savings Account 52

PeopleKeep

JANUARY 18, 2023

Gaining in popularity as a type of consumer driven health plans (CDHPs), health reimbursement arrangements (HRAs) allow employees to take better charge of their healthcare and budget for themselves and their families. HRAs have similar regulations as other tax-advantaged health benefits, like health savings accounts (HSAs) and flexible spending accounts (FSAs).

Flexible Spending Account 52

Flexible Spending Account Health Savings Account Flexible Spending Healthcare 52

InterWest Insurance Services

JANUARY 17, 2023

There is a growing threat to companies that use online services to administer their employee benefits and payroll as cyber criminals increasingly exploit these cloud service platforms. The results of a hacker gaining access to the company’s payroll systems, sloshing with cash, as well as employees’ personally identifiable information can be devastating both to the employer as well as its workers, according to a blog by the law firm McLane Middleton.

Payroll 87

Payroll 401(k) Payroll System Payroll Service 87

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.

Payroll

Employee Benefit News

JANUARY 18, 2023

Health Savings Account 87

Health Savings Account 87

Money Talk

JANUARY 18, 2023

The year 2022 was chock full of news about inflation, with a year-to year Consumer Price Index increase of 9.1% in June and a still-high 6.5% CPI at year-end. Not surprisingly, much of the news was negative; e.g., soaring prices for food, gas, utilities, cars, insurance, and more. What often gets lost in conversations and media reports about inflation are the ways that some people can benefit from it.

401(k) 246

401(k) Banking Deductions Deductible 246

InterWest Insurance Services

JANUARY 17, 2023

Besides health insurance and a 401(k) plan, other benefits that employees value highly are generous paid time off and flexible or remote work, according to a new survey. But for the first time, the annual study by employee benefits provider Unum found that the younger generations are not on the same page with their older peers when it comes to what they value most in their benefits package. “A multi-generational workforce is a huge benefit for companies,” said Liz Ahmed, executive vi

401(k) 90

401(k) Health Insurance Insurance Voluntary Benefits 90

Employee Benefits

JANUARY 16, 2023

Record high inflation in the UK is resulting in some employers increasing pay levels in an attempt to keep up. Unless changes to pay strategy are underpinned by a clear rationale and aligned to a well-thought through reward initiative, they are at risk of being unsustainable in the long-term. Alongside one-off payments and pay rises, employers may want to consider investing in a long-term strategy to ensure the financial wellbeing of their employees.

Employment 105

Employment Salary Consulting Pension 105

HR Digest

JANUARY 14, 2023

It’s no news that the business world will experience changes in management in 2023. And HR is going to have to keep up. The new year is here, so it’s time for HR professionals to start thinking about how they’ll be ready for the future. HR leaders are always looking for ways to improve their employees’ lives and the company’s bottom line.

Management 135

Management Work From Home Salary Benefits Package 135

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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.

Management

BetterUp

JANUARY 20, 2023

Jump to section What is trauma in the workplace?

IT 118

IT 118

Employee Benefit News

JANUARY 19, 2023

Employment 116

Employment 116

Employee Benefits

JANUARY 18, 2023

One effective way in which employers can help drive employee engagement with pensions is by ensuring ease of access, so they can engage more easily and more regularly. Different age groups will ultimately respond to information in different ways, so employers should consider using different methods of communication according to employees’ preferences.

Pension 111

Pension Finance Technology Consulting 111

HR Digest

JANUARY 19, 2023

What you realize is that it isn’t always the big, new, shiny initiatives that make the biggest difference. People want to be treated with respect, they want to feel included as part of the team, and they want to have opportunities to learn and succeed. The HR Digest: “At McDonald’s, we believe that serving up a best-in-class customer experience starts first with ensuring an exceptional employee experience.

Education 122

Education Human Resources Technology Management 122

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.

Darwinbox

JANUARY 16, 2023

2023 promises to be an exciting year. We’re witnessing a radical shift in the way we work, the way we organize ourselves, and how we collaborate. As we enter the new year, we’re delighted to share with you that Microsoft has made a strategic investment in Darwinbox to work jointly on technology innovations that shape the future of work. This partnership is amongst the first of its kind in the global HCM market.

Technology 105

Technology IT 105

Employee Benefit News

JANUARY 17, 2023

401(k) 108

401(k) 108

Employee Benefits

JANUARY 17, 2023

Image credit: 8ED8 / Shutterstock.com. Food and drink manufacturer PepsiCo UK and pharmaceutical firm Pfizer UK have made the Top UK Employers list for 2023. The Top Employers Institute compiled the list by reviewing HR policies and people practices across organisations around the world, including 99 UK organisations. In order to achieve certification, participating organisations’ HR practices were assessed by the institute through its HR best practices survey.

Employment 110

Employment Pharmaceutical Manufacturing Food 110

HR Digest

JANUARY 19, 2023

Being an inspiring leader means understanding what it takes for your colleagues to be a daughter or a son, a sister or a brother, a spouse or a companion, and so much more outside of work, as well as their professional métier. The HR Digest: You have stated several times that “leaders should connect with employees personally, even if it means sacrificing the company’s productivity time.” Why do you believe this is important as a CHRO?

Consulting 111

Consulting Government Management Employment 111

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 Wellness

International Foundation of Employee Benefit Plans

JANUARY 18, 2023

As a benefits professional, you often wear many hats, and communications could be one of the more challenging roles you encounter. You’re required to not only inform but inspire employees. Read more > The post Magazine Extra: Benefits Touch Points—Communicating When It Matters appeared first on Word on Benefits.

IT 99

IT Parental Leave 401(k) Life Insurance 99

Employee Benefit News

JANUARY 19, 2023

Employee Benefits 103

Employee Benefits Management 103

Employee Benefits

JANUARY 19, 2023

Expecting a baby and planning maternity or parental leave is an exciting time, but it is also important to consider the financial impact that a new arrival can bring. As the cost of living crisis continues, it is now more important than ever that new parents understand how their finances will be affected and what actions they can take. WEALTH at work, a leading financial wellbeing and retirement specialist, highlights some top tips to help new parents stay in control of their finances: 1.

Finance 105

Finance Parental Leave Pension Salary 105

HR Digest

JANUARY 19, 2023

I believe high performing leaders needs to have a well-rounded skillset to lead effectively in the current environment, and the ability to flex and lean in on different capabilities depending on the situation. The HR Digest: C. H. Robinson recently received its World Finance Sustainability Awards 2022. How do you think it was possible and what were the steps you took as a CHRO to motivate employees to work as a team and achieve it?

Human Resources 109

Human Resources Transportation Health Education 109

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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

Retirement Plan

McDermott Will & Emery Employee Benefits

JANUARY 17, 2023

What can employers do to assist workers with student loan debt? According to this PlanSponsor article, some strategies include direct-to-worker payments or an indirect option for student debt repayment benefits. McDermott Partner Jeffrey Holdvogt said a loan consolidation or refinancing option can help workers get a lower interest rate. “There’s an expectation that many individuals […].

Employment 98

Employment Employee Benefits Retirement Plan 98

Employee Benefit News

JANUARY 20, 2023

Healthcare Benefits 99

Healthcare Benefits Healthcare 99

Employee Benefits

JANUARY 18, 2023

Global technology organisation Siemens, which employs approximately 7,000 employes in the UK, believes it is important for its younger employees to understand that pension saving is most effective when they start early on. This gives them more time to build up contributions and investment returns, and make the most of the employer contributions on offer.

Pension 105

Pension Electronics Benefits Package Technology 105

HR Digest

JANUARY 17, 2023

Employer branding strategies are a crucial component of any successful recruitment and retention strategy. According to research, companies with a strong employer brand have 28% lower turnover rates and are able to attract 50% more qualified candidates. These strategies are designed to create a strong sense of loyalty and trust between your business and your workforce, which can lead to improved performance and efficiency.

Employment 105

Employment Employee Retention Recruitment IT 105

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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.

Management