Cost-Effective Employee Benefits: How to get more for less
Sodexo Engage
JANUARY 19, 2023
Summary:
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.
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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).
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.
Advertiser: Paycor
Get ready for the future of business. As HR navigates an ongoing labor shortage, leaders need stronger, more adaptable recruiting strategies. Do you have the tools you need to build a talent pipeline that drives sustainable business growth?
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
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.
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
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.
Employee Benefit News
JANUARY 19, 2023
Speaker: Shawnequa Albert
As our workforce evolves, so must the way we support it. With more employees choosing to work beyond age 65, HR leaders are increasingly being called upon to guide aging employees through one of the most complex transitions in their professional lives - from employer sponsored plans to Group Medicare. Without clear guidance, confusion around eligibility, coverage options, and cost implications can lead to uncertainty and missed opportunities for optimized benefits.
HR Lineup
JANUARY 15, 2023
Human resources (HR) plays a crucial role in the success of any organization. As the department responsible for managing and developing the workforce, it is essential that HR goals and objectives are aligned with the overall strategy and goals of the company. With the fast-paced changes in technology, globalization, and shifting workforce demographics, HR professionals must be adaptable and proactive in order to stay ahead of the curve.
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.
BetterUp
JANUARY 20, 2023
Jump to section What is trauma in the workplace?
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HR Lineup
JANUARY 16, 2023
Employee check-ins are a crucial part of any business, as they provide managers and supervisors with an opportunity to assess employee performance, provide feedback, and identify any issues that may be impacting productivity or job satisfaction. These check-ins can take many forms, from formal evaluations to informal conversations, and can be conducted on a regular basis or as needed.
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.
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.
Speaker: Joana Ardelean, MSHRM, PHR, SHRM-CP, CC
The benefits landscape is shifting rapidly, and AI is at the center of this transformation. From optimizing health and wellness programs to predicting future benefits needs, AI is empowering HR and total rewards leaders to make smarter, more proactive decisions. The challenge? Understanding where AI fits in your strategy and how to leverage it effectively while keeping employee well-being at the forefront.
HR Lineup
JANUARY 19, 2023
Ongig is a company that specializes in creating job descriptions that are more engaging, diverse and inclusive. Their mission is to help employers attract and retain top talent by making their job postings more interesting and appealing to a wider range of candidates. One of the key features of Ongig’s job descriptions is the use of rich media, such as videos and images, to showcase the company culture and the work environment.
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?
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.
Advertiser: Paycor
The right HR metrics can illuminate hidden trends, justify decisions to the C-suite, and give you an edge in this unpredictable economy. Download Paycor’s guide and learn how to calculate your: Cost-per-Hire Total Financial Impact of Absences Voluntary Turnover Rate And more!
HR Lineup
JANUARY 19, 2023
LinkUp is a job search engine that focuses on providing job seekers with the most relevant and up-to-date job listings available. Unlike other job search engines, LinkUp only includes job listings that are directly posted on the company’s website. This means that job seekers can be confident that the jobs they find on LinkUp are legitimate and not outdated or fake.
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?
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.
Employee Benefit News
JANUARY 19, 2023
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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