International Foundation of Employee Benefit Plans
NOVEMBER 1, 2023
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.
Wellable
NOVEMBER 1, 2023
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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TalentCulture - Employee Benefits
OCTOBER 31, 2023
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.
McDermott Will & Emery Employee Benefits
NOVEMBER 1, 2023
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.
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.
Employee Benefit News
NOVEMBER 1, 2023
Jeri Hawthorne, CHRO at Aflac, breaks down the gap between employer-provided benefits and employees' needs.
Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
PayrollOrg
OCTOBER 31, 2023
On October 30, President Biden issued an Executive Order that establishes new standards for artificial intelligence (AI) safety and security.
Employee Benefits
OCTOBER 31, 2023
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.
Workplace Insight
NOVEMBER 2, 2023
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.
3Sixty Insights
OCTOBER 31, 2023
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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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.
Employee Benefit News
NOVEMBER 2, 2023
By capturing employee attention with popular benefits, employers can piggyback communication about the most valuable enhancements for their workforce.
Employee Benefits
NOVEMBER 2, 2023
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%).
Best Money Moves
NOVEMBER 1, 2023
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.
3Sixty Insights
NOVEMBER 3, 2023
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.
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.
Employee Benefit News
NOVEMBER 1, 2023
As Congress ponders virtual care's future, fortifying telehealth could help manage cold and flu season.
Employee Benefits
NOVEMBER 3, 2023
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.
Business Management Daily
OCTOBER 30, 2023
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).
Wellable
OCTOBER 30, 2023
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.
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 Benefit News
OCTOBER 30, 2023
Employees have serious doubts they'll have a typical retirement, with many planning to keep working well beyond retirement age.
Employee Benefits
NOVEMBER 2, 2023
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.
McDermott Will & Emery Employee Benefits
OCTOBER 31, 2023
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
Workplace Insight
NOVEMBER 3, 2023
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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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
PeopleKeep
NOVEMBER 1, 2023
If you have health insurance—whether through your employer or a policy you purchased on the individual market—it’s essential to know specific health insurance terminology. This can be confusing at first, but learning standard terms will help you understand what medical services your plan covers and how much you’ll pay out-of-pocket for care.
Employee Benefits
NOVEMBER 1, 2023
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
PayrollOrg
NOVEMBER 3, 2023
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.
Workplace Insight
NOVEMBER 1, 2023
According to Owl Labs ’ annual State of Hybrid Work Report , 32 percent of employees believe that AI will help them do their jobs more efficiently, while a further 22 percent think AI will create new jobs allowing their teams to grow. However, uncertainty around AI regulation and safety is causing ‘AI anxiety’ to grow, with nearly 1 in 5 UK workers (17 percent) concerned that AI will steal their jobs.
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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.
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