Sat.Oct 28, 2023 - Fri.Nov 03, 2023

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Benefit Trends Making Headlines: What to Know Now

International Foundation of Employee Benefit Plans

Weight loss drugs have remained the headlines for most of 2023 due to their impact on diseases like obesity and diabetes. We asked Barbara A. Martinez, National Practice Leader, Drug Solutions at Canada Life to share her insights on benefit trends, GLP-1 […] The post Benefit Trends Making Headlines: What to Know Now appeared first on Word on Benefits.

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Adapting Benefits For A Multi-Generational Workforce

Wellable

With low job satisfaction rates across generations, tailored benefits emerge as a solution to appeal to a multi-generational workforce. The post Adapting Benefits For A Multi-Generational Workforce appeared first on Wellable.

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Earned Wage Access: Why HR Leaders Shouldn’t Fear This Breakthrough Benefit

TalentCulture - Employee Benefits

The pandemic and inflationary conditions are putting extraordinary pressure on workers to provide for their families. In fact, the U.S. government estimates that nearly 40% of citizens would struggle to cover the cost of a $400 emergency. What’s more, 60% of survey respondents told Bankrate they’re falling behind in saving for an unexpected expense.

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IRS Announces 2024 Employee Benefit Plan Limits

McDermott Will & Emery Employee Benefits

The Internal Revenue Service recently announced the cost-of-living adjustments to the applicable dollar limits for various employer-sponsored retirement and welfare plans for 2024. Certain health and welfare plan limits have not yet been released. Most of the dollar limits that are subject to adjustment for cost-of-living increases will increase for 2024.

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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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Higher deductibles, premiums and co-pays: Aflac previews healthcare in 2024

Employee Benefit News

Jeri Hawthorne, CHRO at Aflac, breaks down the gap between employer-provided benefits and employees' needs.

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President Biden Issues Executive Order to Establish AI Standards

PayrollOrg

On October 30, President Biden issued an Executive Order that establishes new standards for artificial intelligence (AI) safety and security.

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Words, Meanings, and Questions

Florida Workers' Comp

Words have meaning. They are the tool of lawyers everywhere, and the law often turns on the use of them. The expressions may be in statute or contract. They may be written or spoken. Their meaning may be patent, or subject to interpretation. There are times that even the punctuation between them will bring meaning or doubt. See I Never Knew Oxford had a Comma (March 2017).

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87% of employers have heard wellbeing concerns from staff

Employee Benefits

The majority (87%) of organisations have been approached by an employee in the past 12 months to discuss concerns relating to their wellbeing, according to new research from Mintago. The fintech startup surveyed 503 senior managers within UK-based organisations in both the public and private sector, and found that mental health (48%), job satisfaction (43%) and financial wellbeing (40%) were the most prevalent concerns that employees spoke to their managers about.

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A Newtonian perspective on reason, productivity and creativity

Workplace Insight

On the doorstep of the British Library, you will find Edouardo Paolozzi’s imposing statue of Sir Isaac Newton. At first glance, this position seems to make perfect sense. Where better for a monument to the Enlightenment’s poster boy than raised on a plinth at the entrance to the world’s second largest library? And yet, there’s more going on here than is evident at first glance.

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4-Week Roadmap for New Hires

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.

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Child Support Report Features Independent Contractor Model Legislation

PayrollOrg

Read PAYO’s article, “Model Act for Independent Contractor Reporting” in the October edition of the Child Support Report, published by the federal Office of Child Support Services.

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Compliance at the Core: Behind the Scenes at deel

3Sixty Insights

This year, I’m spending more time working with vendors across the HCM technology and services marketplace to understand the key trends and learn more about the modern solutions and innovations focused on advancing how compliance is managed across the HR spectrum. The struggle is real. In HR buyer research, compliance bubbles up consistently as a top challenge for practitioners and a leading driver for HR and payroll-managed services adoption as regulations evolve, introducing new complexities at

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88% experiencing more symptoms of burnout

Employee Benefits

Almost nine in 10 (88%) Britons are experiencing more burnout symptoms than usual, according to research by Cigna Healthcare. Its 2023 Vitality study , which surveyed 10,800 respondents in the US, UK, Netherlands, Spain, Belgium, Switzerland, Kenya, the UAE, Saudi Arabia, China, Singapore, and the Hong Kong SAR, also found that half (49%) of respondents cited the ongoing cost-of-living crisis as the largest cause of stress, followed by personal finance (38%).

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Pet insurance or life insurance? Help employees select the voluntary benefits they need

Employee Benefit News

By capturing employee attention with popular benefits, employers can piggyback communication about the most valuable enhancements for their workforce.

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How to Make The Best Benefits Decisions for 2025's Workforce: An HR and Total Rewards Guide

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

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IRS Announces 2024 Retirement Plan Contribution, Benefit Limits

PayrollOrg

The IRS announced the changes to the dollar limits on benefits and contributions under qualified retirement plans for tax year 2024.

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Guest LinkedIn Live: Blueprint for keeping your organization agile

3Sixty Insights

Steve Goldberg, HCM research & advisory, and Jennifer Borun, senior director, analyst relations and strategic engagement of Cornerstone, sat down on LinkedIn Live to discuss how to guide your organization through solving future problems and succeeding in a volatile market. Take one look at the news (or your LinkedIn feed), and you’ll see a lot of talk about market changes and economic shifts.

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How to Implement HRIS Successfully: The Complete Checklist

Darwinbox

In today's fast-paced business landscape, companies are constantly seeking ways to optimize their operations and drive growth. Enter the human resource information system (HRIS), a game-changing software solution that automates tasks, consolidates data, and enhances employee management with remarkable efficiency. But implementing an HRIS is no small feat — it requires careful planning and strategic execution.

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Lyft and Uber agree to $328m settlement after pay and benefits were withheld

Employee Benefits

Credit: Sundry Photography / Shutterstock.com Ride-share firms Lyft and Uber have agreed to pay $328 million (£262 million) in settlements to current and former drivers following investigations by New York Attorney General Letitia James. The multi-year investigations into Uber and Lyft found that pay and benefits available under New York labor laws had been withheld from more than 100,000 New York drivers.

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Reduce Bias in Hiring: Structured Interview Questions for Employers

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!

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3 Ways to Improve Your Employee Benefits Communication

Best Money Moves

3 ways to improve your employee benefits communication. Use these 3 strategies to improve your employee benefits communication and help your team make the most of your benefits offerings. Even the most robust employee benefits programs can fall flat without clear communication. More than 40% of employees do not feel adequately informed about the programs their employers offer, according to a Financial Health Network poll.

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The top technical and soft skills that look good on a resume

Business Management Daily

What does the skills section of your resume look like? Is it a concise, ever-changing list of skills directly correlating to each job you’re applying to? Or is it an unorganized mishmash of various job skills? If it looks like the latter instead of the former, don’t worry. By the end of this article, you’ll know how to develop a stellar skills section that’s impressive, succinct, and contains crucial keywords that align with the employer’s applicant tracking systems (ATS).

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Study: 57% Of Employers Monitoring Attendance

Wellable

57% of employers implement attendance monitoring. Control measure or strategic tool? Explore employee sentiments, key debates, and alternative solutions. The post Study: 57% Of Employers Monitoring Attendance appeared first on Wellable.

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Octopus Investments provides sleep support through wellbeing hub

Employee Benefits

Octopus Investments offers its 750 UK employees a range of support tools to help with their sleep as part of its wellbeing hub. Through the hub, the financial services firm’s employees can access a premium Headspace account which has dedicated sleep support from guided meditations, sleep casts, music and soundscapes. Emma Ryan, co-wellbeing lead at Octopus Group, says: “We also offer sleep support through Wellness Cloud, which provides one-to-one consultations to our employees in lots of a

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Transform Employee Wellbeing and Control Costs Through Data-Driven Strategies

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.

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CMS Announces New GUIDE Model to Support People Living with Dementia and Their Caregivers

McDermott Will & Emery Employee Benefits

To support people living with dementia and their unpaid caregivers, the US Centers for Medicare & Medicaid Services recently announced the Guiding an Improved Dementia Experience (GUIDE) Model, a new, voluntary and nationwide test model designed specifically for these two rapidly growing demographic groups. The model will offer care coordination and care management for individuals […] The post CMS Announces New GUIDE Model to Support People Living with Dementia and Their Caregivers app

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Reimagining the workplace: three keys to wellbeing, connection, and change

Workplace Insight

Herman Miller has introduced a new framework that helps organisations uncover the purpose of their workplace. The approach addresses the human needs of employees to improve their wellbeing, fosters a sense of community and connection, and helps organisations navigate, prepare, and design for change. The firm sets out its thinking here. The last few years have completely upended traditional notions of the workplace.

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Realizing Return on Investment in AI-Powered HR Technology

Darwinbox

Every aspect of life and work is being transformed by AI. In the corporate sphere, AI affects business strategy, impacts employee productivity, and influences the changing experiences expected by customers and employees.

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4.4 million employees are covered by corporate health insurance

Employee Benefits

More than four million people are now covered by health insurance through their employer, according to data from the Association of British Insurers (ABI). The number of employees benefitting from health insurance increased by 8% from four million in 2021 to 4.4 million in 2022. Meanwhile, workplace policies also saw a 15% increase in claims, with one million made in 2022 compared to 873,000 in 2021.

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The Diversity Reckoning: Can HR Survive Without New Perspectives?

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.