Employee Benefit News

JANUARY 29, 2024

Resume Genius analyzed reports from the Bureau of Labor Statistics to predict which workers will see the highest raises in 2024.

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Patriot Software

JANUARY 30, 2024

How do you pay your employees? With checks? Direct deposit? Other? There are several ways to pay employees, especially as money continues to move into the digital sphere. If you want to know how to pay employees, take a look at these ways to pay your employees. And boy, do you have options.

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Payroll 72

HR Lineup

JANUARY 29, 2024

Creating accurate and professional pay stubs is an essential aspect of managing a business. A pay stub not only serves as a record of an employee’s earnings but also provides crucial information about deductions, taxes, and other financial details. In this guide, we will walk you through the step-by-step process of creating a pay stub for your employees, ensuring compliance with legal and financial requirements.

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PeopleKeep

JANUARY 31, 2024

Health reimbursement arrangements (HRAs) have become increasingly popular among business owners as a cost-effective alternative to traditional group health insurance. With an HRA, employers can reimburse employees for their health insurance instead of buying them coverage.

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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

Employee Benefit News

JANUARY 31, 2024

Progyny's VP of people and head of DEI shares how employee resource groups have the potential to drive businesses forward

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Employee Benefits 101

Achievers

JANUARY 31, 2024

Every company wants a workforce where every employee has the skills and knowledge needed to thrive and achieve business goals. But even organizations that attract and retain the best talent available won’t have perfect alignment between employees’ capabilities and organizational requirements — especially as time goes on and new trends and opportunities emerge.

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PayrollOrg

FEBRUARY 2, 2024

The governors from nine states wrote a letter to the IRS Commissioner asking for guidance regarding the federal tax treatment of premiums and benefits under state paid family and medical leave programs.

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Employee Benefits

JANUARY 31, 2024

Time To Talk Day takes place in many workplaces across the UK at this time of the year. It’s billed as the nation’s biggest conversation about mental health. However, if all you do is pay lip service as it hits the calendar and talk for one day, there’s little value. So how do you turn it into a conversation that lasts? Create an open culture Recognising that employees are people and not simply workers and understanding how they are feeling is one of the most fundamental aspects of running a bus

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Wellable

JANUARY 31, 2024

With less than half of workers confident in their retirement savings, employers must rethink financial well-being within their workforce. The post Rethinking Retirement: Addressing The Gap Between Employee Needs & Employer Actions appeared first on Wellable.

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Nearly one-quarter of employees (23%) admit they’ve cried within the first week! Give new hires a positive start with this four-week onboarding roadmap. This schedule outlines all the turns, detours, and speedbumps new hires can expect in their first month. We’ve included suggestions for each week to help you make your new employees’ highway to success an easy road.

McDermott Will & Emery Employee Benefits

JANUARY 30, 2024

Under the SECURE Act and SECURE 2.0 Act, employers must provide long-term, part-time employees the opportunity to make elective deferrals under their 401(k) plans and, beginning in 2025, their 403(b) plans. Under the new rules, long-term, part-time employees include those employees who complete at least 500 hours of service in three consecutive years (reduced to […] The post A Long-Term, Part-Time Employee or a Former Long-Term, Part-Time Employee, That Is the Question appeared first on EM

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PayrollOrg

FEBRUARY 1, 2024

In this February 2024 edition of Compliance TV: DOL issues final FLSA Worker Classification Rule; DOL, IRS issue guidance on new Emergency Savings Accounts; and more.

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Employee Benefits

FEBRUARY 2, 2024

One-fifth (20%) of employees looking for a new job want better reward, incentives or recognition from their employer, according to research by gift cards, incentives and payments provider Blackhawk Network. Its survey of 1,000 UK employees also found that 23% of respondents wanted improved benefits options from their employers, 80% would feel more valued for their work when receiving rewards from their employer, and 67% wanted to receive recognition for positive contributions at least monthly or

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Business Management Daily

JANUARY 29, 2024

There has been a lot of talk over the past year about nepotism and “nepo babies” in the entertainment industry. Whether it be an actress from a famous family or a model following in her mother’s footsteps, Hollywood is filled with these so-called “nepo babies”. Some are genuinely very talented and have proved that they are stars in their own right, while others may fall a bit flat and it can feel like nepotism may be taking away opportunities from more qualified or hard-working individuals.

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Speaker: Kaitlin Ruby Carroll

Retaining top talent in 2025 means rethinking benefits. In a competitive job market, fertility benefits are more than just offerings - they are a commitment to your team’s well-being. Gain critical insights into the latest fertility benefits strategies that can help position your organization as an industry leader. Our expert will explore the unique advantages and challenges of each model, share success stories from top organizations, and offer practical strategies to make benefits decisions tha

Employee Wellness

McDermott Will & Emery Employee Benefits

JANUARY 29, 2024

Multiple states – including Alaska, Wisconsin and New Jersey – have been busy finalizing legislation and rulemaking to adopt interstate compacts and amend and clarify telehealth-related standards of care. What else have these states been up to over the last month? Read more here. The post States Move to Amend, Clarify Telehealth-Related Standards of Care appeared first on EMPLOYEE BENEFITS BLOG.

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PayrollOrg

JANUARY 29, 2024

The IRS issued a QuickAlert to tell users how to deal with troubles logging into the Filing Information Returns Electronically (FIRE) system.

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Electronics 104

Employee Benefits

JANUARY 29, 2024

Need to know: Employers want to provide private medical insurance (PMI), even if it means reducing cover. More want to offer at least a measure of benefit to the whole workforce. Low-cost schemes with major exclusions are popular. Private medical insurance (PMI), which covers curable short-term medical conditions, has never been more popular in the workplace.

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PeopleKeep

JANUARY 31, 2024

Before 2010, securing health insurance coverage as an individual in the U.S. was challenging. Expensive premiums, costly out-of-pocket expenses, pre-existing condition restrictions, and limited plan options left 46.5 million Americans without health insurance 1. These complications impacted the individual market, as well as employers who were considering offering health benefits at their organizations.

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Advertiser: Paycor

Structured interview questions are a valuable tool for reducing bias in hiring. They help: Ensure all candidates are asked the same questions in the same way Level the playing field so all candidates have a fair chance of being successful Improve credibility, reliability, and validity Download the guide to get the most out of your interview questions!

Employment

McDermott Will & Emery Employee Benefits

FEBRUARY 1, 2024

Comments submitted in response to the proposed regulations under the Mental Health Parity and Addiction Equity Act (MHPAEA) reflect a broad range of perspectives. Our previous MHPAEA content is available here. A nontrivial subset of the comments single out a particular nonqualified treatment limitation (NQTL) for special treatment or scrutiny. An example of this trend is […] The post The MHPAEA Proposed Rule: Standards of Care and Medical Necessity appeared first on EMPLOYEE BENEFITS BLOG.

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Employee Benefit News

JANUARY 29, 2024

A leadership and development executive explains why offboarding employees can be just as painless as onboarding them, and potentially beneficial for all.

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Employee Benefits

JANUARY 30, 2024

Almost three-quarters (70%) of employers have a global minimum standard for their employee benefits, according to research by global advisory firm Willis Towers Watson (WTW). Its Priorities for employee benefits: a global HQ perspective survey found this figure was almost double the 36% of respondents which said they have a global minimum standard in 2019.

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BerniePortal

FEBRUARY 1, 2024

The FLSA 2021 IC rule defined “employer” and “employee”, but failed to provide clear definitions of independent contractors and employer-employee relationships. In Rutherford Food Corp v. McComb , the Supreme Court recognized that “there is in the [FLSA] no definition that solves problems as to the limits of the employer-employee relationship under the Act.

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In today's dynamic business environment, HR leaders face immense pressure to optimize costs while maintaining a competitive edge to attract, retain and engage their workforce. Gallagher can help you meet that challenge head-on. Our proprietary data and people analytics platform, Gallagher Drive ® , provides the elevated insights you need to make impactful program decisions that are aligned with your organizational goals and set your strategy up for long-term success.

McDermott Will & Emery Employee Benefits

FEBRUARY 2, 2024

Together, the SECURE Act and the SECURE 2.0 Act require employers to offer employees who work at least 500 hours within three (reduced to two beginning January 1, 2025) consecutive 12-month periods an opportunity to make elective deferrals to their 401(k) and, beginning in 2025, their 403(b) plans. In doing so, the new rule raises […] The post Under Long-Term, Part-Time Employee Rules, Some Things Change, and Some Things Stay the Same appeared first on EMPLOYEE BENEFITS BLOG.

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HR Digest

JANUARY 31, 2024

Taking the fun out of gaming, announcements about Microsoft layoff plans are now making the rounds, with the company narrowing down on their Xbox, ZeniMax, and Activision Blizzard employees this time. According to reports, Microsoft is planning to lay off 1900 employees from its 22,000-strong gaming workforce to better align themselves with their strategy to support their growing business.

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Employee Benefits

JANUARY 30, 2024

Employee Benefits poll: Two-fifths (41%) of organisations have a dedicated carer’s leave policy , according to a survey of Employee Benefits readers. Almost one-third (31%) of respondents said that they do not have a dedicated carer’s leave policy, with 28% stating that they do not have one but are planning on implementing one in the future. Earlier this month, employee benefits provider Unum UK enhanced its carer’s leave policy in order to further support its employees with caring responsibilit

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Workplace Insight

JANUARY 30, 2024

It has become something of a preoccupation of mine to consider why so many of the conversations we hold about workplace design are largely about the rediscovery of old ideas. It may be because there are constants about how people interact with their surroundings and each other and the truisms underlying those interactions. Although these are often reframed by the amount of data we now have to support them, some things never change.

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Speaker: Jeremy York

2024 has tested every organization, and 2025 promises no less - the warning signs are everywhere. If you’re relying on superficial approaches to diversity, you might find yourself scrambling to catch up. Thought diversity - the fuel for new ideas, fresh perspectives, and disruptive innovation - is more than a buzzword. It's a survival strategy. And if you’re not building it into your workplace culture right now , you’re heading for trouble.

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