Sat.Mar 11, 2023 - Fri.Mar 17, 2023

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What Benefits Can (and Should) You Offer Temporary or Seasonal Employees?

Hppy

Many businesses focus only on offering benefits to permanent team members, while temporary employees or those who step in to fill roles that are dictated by seasonal demand are overlooked. Indeed the latest BLS stats show that while at least two thirds of people in permanent public or private sector roles have core benefits like healthcare available to them, the same is not guaranteed for those with non-permanent positions.

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5 Ways Decision-Support Tools Help Employees Make Better Benefits Decisions

Flimp Communications

How can you help your employees see the value in their benefits packages — and make better decisions? The best decision-support tools help employees make better benefits decisions (better for themselves and your company) by doing five crucial things: The post 5 Ways Decision-Support Tools Help Employees Make Better Benefits Decisions appeared first on Flimp.

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Is unlimited time off the right PTO approach?

Employee Benefit News

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Bank Failures Impact Payroll Professionals

PayrollOrg

The American Payroll Association offers best practices following the March 10 collapse of Silicon Valley Bank and the March 12 failure of Signature Bank.

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The Great Disruption: Leveraging AI To Better Your Benefits Strategy

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.

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How will the Spring Budget 2023 impact pay, pensions and benefits?

Employee Benefits

Spring Budget 2023: Chancellor of the Exchequer Jeremy Hunt delivered his Spring Budget speech in the House of Commons on Wednesday 15 March. It included a number of key announcements that could impact employees’ pay , pensions and benefits. Spring Budget 2023: Freeze on fuel duty for 12 months Spring Budget 2023: Pensions lifetime allowance scrapped Spring Budget 2023: 30 hours free childcare for under-threes Spring Budget 2023: Tax-free pensions allowance up by 50% Spring Budget 2023: Go

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10 cities where the gender wage gap is closing

Employee Benefit News

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What is pet insurance, and how can I offer it?

PeopleKeep

Most people have various forms of insurance to cover themselves or their family members in case of emergency. However, that safety net is often forgotten for their pets. Almost 70% of Americans have a pet of some kind, and they’re not without cost. In fact, veterinary costs can average up to $500 per pet each year 1.

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California Will Waive Penalties for Employers Affected by Bank Closure

PayrollOrg

The California Employment Development Department has announced that it is waiving penalties for employers that are unable to make payroll deposits timely due to the Silicon Valley Bank failure.

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How much should I contribute to my HSA?

WEX Inc.

How much should I contribute to my health savings account (HSA) each month? The short answer: As much as you're able to (within IRS contribution limits ), if that’s financially viable. If you’re covered by an HSA-eligible health plan (or high-deductible health plan ), the IRS allows you to put as much as $3,650 per year (in 2022) into your health savings account (HSA).

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10 HR Metrics for 2025: HR Data Toolkit

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!

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Annuity Myths and Facts

Money Talk

An annuity is a contract between an investor and a life insurance company. Annuities are sold by insurance agents, stock brokers, and other financial advisors. The annuitant, who is usually (but not always) the owner of the annuity, pays a lump sum amount or makes deposits over time and the insurance company promises immediate payments or payments at a future date.

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Manage Your Workforce with Better Scheduling

HR Bartender

Estimated reading time: 5 minutes (Editor’s Note: Today’s article is brought to you by our friends at HRdirect , a trusted source for employee-related compliance, administration, and motivation tools. They serve as a one-stop shop to make employee management easier. Enjoy the read!) A few weeks ago, I published an article about the differences between staffing and scheduling.

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Creating culture fit for Gen X, Gen Z, millennials and boomers

Employee Benefit News

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How to conduct a team reset and turbocharge employee morale

Insperity

Are you looking for a surefire way to boost employee morale while strengthening employee engagement with and commitment to your organization? Do you often wonder how to: Set your team members up for happiness and success? Create an environment in which people feel motivated to do their best? If so, have you considered implementing a “reset?” What is a reset?

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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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How can employers support parents with babies that need neonatal care?

Employee Benefits

Need to know: The Neonatal Care (Leave and Pay) Bill will allow parents with babies needing neonatal care to take up to 12 weeks paid leave. The Employer with Heart charter is awarded to organisations that have extra provisions in place for employees with babies who are born prematurely. Support such as an employee assistance programme (EAP), flexible-working arrangements and a parent-friendly policy can help to create a culture where employees feel able to ask for help.

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HR in the IT Industry: Importance, Trends, Best Practices 

Darwinbox

The HR function in the IT industry is extremely important given the large number of people IT companies employ, and the impact the IT and technology sectors have on the economy. A robust HR strategy can help handle key challenges like talent shortage, a need for fast upskilling, and high turnover. This article explains the benefits of an HR strategy in the IT industry, along with the key trends.

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Post-pandemic telehealth should leave no beneficiary behind

Employee Benefit News

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4th Annual Global Payroll Titan Award Nominations Close in One Week

PayrollOrg

Nominations for the Global Payroll Management Institute’s (GPMI) 4th Annual Global Payroll Titan Award close on Tuesday, 21 March 2023. The award is intended to identify outstanding global payroll professionals nominated by their own peers in the industry.

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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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39% of pay increases worth 6% or more

Employee Benefits

Around two-fifths (39%) of employees received pay rises worth 6% or more in the three months to January 2023, according to research by Incomes Data Research (IDR). The research organisation analysed 75 pay deals implemented between 1 November 2022 and 31 January 2023, mostly at large organisations and covering more than 500,000 employees. It found that 15% gave employees a pay rise between 5% and 5.9%, 16% awarded increases between 3% and 4.9% and 13% gave rises of between 2% and 2.9%.

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3 Considerations When Evaluating Commuter Benefits

Benefit Resource Inc.

What employers should consider Finding the right Commuter Benefit Plan (CBP) doesn’t have to be difficult. There are steps you can take to narrow down your plan options and determine which CBP is the best fit for your company and your employees. When evaluating commuter benefits, there are three primary considerations you should make (along with three primary employee considerations).

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Gen Z meets money

Employee Benefit News

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Employers ‘Unwavering’ in Providing Group Health Benefits: Research

InterWest Insurance Services

Large employers are unwavering in their plans to continue offering group health plans to their workers instead of funding individual reimbursement accounts that would allow them to shop for plans on government-run exchanges, according to new research. The poll of 26 health benefits decision-makers at large firms, carried out by The Commonwealth Fund and the Employee Benefits Research Institute (EBRI), found that despite rising premium and health care costs, they felt obligated to offer health in

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4 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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36% with long-term health issues find it affects their ability to work

Employee Benefits

Six in 10 (60%) of those facing a long-term health issue said it reduced their ability to carry out daily tasks, while 36% said it impacted the amount or type of work they were able to do within their current job role, according to research by the Department for Work and Pensions (DWP). The research found that three-quarters (75%) of those surveyed felt that their overall health was good, but 30% had a physical or mental health condition expected to last 12 months or more.

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10 Best 360 Degree Employee Feedback Software in 2023

HR Lineup

As companies continue to focus on employee development and growth , the use of 360 degree feedback software has become increasingly popular. 360 degree feedback is a process in which an employee receives feedback from their manager, peers, subordinates, and sometimes even customers, to gain a comprehensive view of their performance and identify areas for improvement.

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Reminding employees about their mental health benefits reduces stigma and improves engagement

Employee Benefit News

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5 things to know if you’re a first-time LSA participant

WEX Inc.

Increasingly, employers are offering a lifestyle spending account (LSA) as a way to support their employees’ wellness needs. Among our direct clients, we saw a 77% increase in clients offering an LSA in early 2022 year-over-year. If you’re new to participating in an LSA, you may have questions about LSA definitions and rules. Here is a list of the top things a first-time LSA participant should be aware of in order to take full advantage of their LSA.

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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.