Sat.Jul 01, 2023 - Fri.Jul 07, 2023

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Buyer’s guide to share incentive plans

Employee Benefits

What are share incentive plans? Share incentive plans (Sips) were introduced in the UK in 2000 as a type of employee share scheme aimed at helping employees, who can purchase shares or be awarded free shares in the company, to save in a tax-efficient way. By promoting employee ownership and participation, Sips can help to align the interests of employees with the long-term success of the company.

Gross Pay 105
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Compliance TV: Form I-9 Flexibility Ends July 31

PayrollOrg

In this July 2023 edition of Compliance TV: Employers must check documents as Form I-9 flexibility ends July 31; OCSE changes name to Office of Child Support Services; WHD publishes opinion letter covering FMLA leave during holidays; Special Report: Panel answers questions at Payroll Congress--Part 1; and more.

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The Pregnant Workers Fairness Act: A New Era for Expectant Employees Arrived on June 27

HR Digest

The Working World had been abuzz with anticipation, as the date June 27, 2023, inched closer. This marks the day when the Pregnant Workers Fairness Act (PWFA) came into effect, signaling a significant shift in the landscape of worker’s rights. This legislation, a beacon of hope for pregnant workers, seals the introduction of new rights for employees grappling with physical or mental conditions due to pregnancy, childbirth, or related medical conditions.

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Laura Tracey: New guidance on reasonable adjustments for mental health

Employee Benefits

Mental health problems are and continue to be a significant concern and employers have not only a moral, but a legal obligation to help protect and support employees who may be suffering from such issues. Employees may find mental health conditions difficult to talk about and even try to conceal them, particularly when they are under pressure. Helpfully, the Advisory, Conciliation and Arbitration Service (Acas) has recently issued new guidance to support employers and employees when it comes to

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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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Improved support for menopause could help women stay in work

Workplace Insight

Women in the UK are urging politicians and business leaders to take steps that help them remain productive in the workforce for longer, as research shows more than half (54 percent) feel it would be difficult for them to raise issues, including menopause, with their employers and three fifths would also feel uncomfortable bringing up health and wellbeing issues with a male manager.

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Option Grant Practices: A Trap for the Unwary – Spring-Loading and Bullet-Dodging

Proskauer's Employee Benefits & Executive Compensa

A potentially overlooked but important issue that public companies should have in mind when granting option or option-like awards is avoiding the unintentional appearance of “spring-loading” and “bullet-dodging,” both of which have been a recent focus of the SEC and shareholders and viewed as potentially poor corporate governance practices. “Spring-loading” is when a public company grants option or option-like awards shortly before the release of positive material nonpublic information, which is

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Holland and Barrett accredited as menopause-friendly employer

Employee Benefits

Health and wellness retailer Holland and Barrett has received menopause-friendly employer accreditation as part of its commitment to creating a positive and inclusive working environment. Established by Henpicked: Menopause In The Workplace, employers receive accreditation following an assessment by an independent panel. They must demonstrate evidence of their effectiveness in the areas of culture, policies and practices, training, engagement facilities and evaluation.

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How HR Professionals Can Advance Their Career

HR Digest

Are you an HR professional looking to take your career to the next level? In today’s competitive job market, it’s essential to stay ahead of the curve and continuously improve your skills and knowledge. Whether you’re just starting out or have years of experience under your belt, there are always ways to advance and grow in the field of human resources.

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Revised Utah Withholding Tables Effective June 1

PayrollOrg

Effective for wages paid on or after June 1, 2023, Utah withholding tables have been revised to reflect a reduction in the personal income tax rate that took effect January 1, 2023. The current personal income tax rate is 4.65%.

Taxes 104
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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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Are career coaches the easiest way to secure a remote job?

Employee Benefit News

A cottage industry of career coaches who assist job seekers land WFH gigs has flourished amid fierce competition for remote work.

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Tui UK enhances family leave policy

Employee Benefits

Travel and leisure business Tui UK has rehauled its family leave policy in order to give its employees more time, financial security and support. Partner leave has been enhanced from two weeks at statutory pay to two weeks at normal pay, and staff going on either maternity or adoption leave will receive 13 weeks at 100% of their normal pay, as well as an additional 13 weeks at 50% pay followed by statutory entitlement.

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Insight confirms partnership with Material Matters for sustainable design event

Workplace Insight

We are part of the London Design Festival for the first time this year, developing an exciting new project that promises to mark a significant shift in the way we think about workplaces and sustainable design. We have partnered with Material Matters to create a space that will showcase the latest and most innovative thinking on sustainable office design, circularity, new materials and innovation.

Media 98
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Be Part of Global WFM Benchmarking Survey

PayrollOrg

Deloitte, in collaboration with PayrollOrg, invites you to participate in the 2023 Global Workforce Management Benchmarking Survey, one of the most robust and comprehensive workforce management (WFM) surveys in the marketplace.

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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.

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The cost of commuting: Why employers should consider chipping in

Employee Benefit News

Phil Libin, CEO and company founder of Mmhmm, shares his stance on commuting in a post-pandemic world.

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7 of the most effective employee voice tools

Employee Benefits

At its core, employee voice represents the collective power of diverse ideas, insights, and perspectives within an organisation. Tapping into that collective intelligence can give your organisation a significant edge over competitors and help to increase the wellbeing and satisfaction of your staff – but the trouble is – encouraging employees to speak up about their thoughts and feelings can pose a challenge, especially when each of us have preferred ways of communicating.

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Just Catching Up? Payroll Challenges Plague Roth Catch-Up Contribution Implementation

McDermott Will & Emery Employee Benefits

The SECURE 2.0 Act requires participants who earned more than $145,000 in FICA wages in the prior year from their current employer to make all catch-up contributions on a Roth basis beginning in 2024. For many employers, the primary concern is how to integrate the new rule with how payroll deductions for catch-up contributions are […] The post Just Catching Up?

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Let’s Make a Deal: Building a Strong Company Culture is Everyone’s Business

HR Digest

When it comes to building a robust company culture, it’s not just the CEO’s show to run or the HR department’s responsibility to shoulder. It’s everyone’s business, from the boardroom to the breakroom. It’s time to roll up our sleeves and delve into the captivating world of company culture, where every stakeholder plays a starring role.

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7 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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New PTO policies signal the future of employee benefits

Employee Benefit News

Company-wide vacations, PTO minimums and paying employees to get off the grid are emerging amid the emphasis on personalization.

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Improving Health Outcomes: USPSTF Urges Anxiety Screening For Adults

Wellable

For the first time ever, the US Preventive Services Task Force (USPSTF) has recommended routine screening for anxiety disorder in all adult patients under 65. The post Improving Health Outcomes: USPSTF Urges Anxiety Screening For Adults appeared first on Wellable.

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SECURE 2.0 Act and the Future of the Employee Plans Compliance Resolution System

McDermott Will & Emery Employee Benefits

The Internal Revenue Service’s (IRS) Employee Plans Compliance Resolution System (EPCRS) allows employers to correct errors involving the maintenance and operation of tax-qualified retirement plans. The correction programs and options that make up EPCRS have, until now, been established exclusively in a series of IRS notices and revenue procedures dating back more than 30 years. […] The post SECURE 2.0 Act and the Future of the Employee Plans Compliance Resolution System appeared first on

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Leadership problems 101: Your playbook for reversing bad management

Insperity

Do you suspect leadership problems in your organization? Maybe deadlines aren’t being met or the team’s performance is lagging. Perhaps employees on a certain team just seem generally unhappy and overly stressed. Or, turnover is spiking on a specific team. All of these things are red flags for leadership problems. When you notice these signs or maybe even others, it’s time to intervene before they escalate into bigger issues, undermining your business performance and chasing talented, valued emp

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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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10 states with most student debt

Employee Benefit News

The average borrower in Maryland took out $42,543 in loans in 2021, according to the Federal Reserve Bank of New York.

Banking 98
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Workplace Well-being Crisis: Decoding Disconnects And Paving New Paths

Wellable

Deloitte’s recent survey uncovered a stark reality: employees are still struggling with unacceptably low levels of well-being. What are organizations still missing? The post Workplace Well-being Crisis: Decoding Disconnects And Paving New Paths appeared first on Wellable.

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Just Catching Up? Oops! Congress Clarifies Catch-Up Contributions Are Here to Stay

McDermott Will & Emery Employee Benefits

Section 603 of the SECURE 2.0 Act requires catch-up contributions made by certain high-wage earners to be made on a Roth basis beginning in 2024. But it also contains one of the most talked about technical errors in the legislation, one that resulted in Congress eliminating all catch-up contributions—for everyone. Not surprisingly, that isn’t quite […] The post Just Catching Up?

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Members of European Parliament back charter to ‘revolutionise workplace wellbeing’

Workplace Insight

Members of the European Parliament have backed a new charter from a consortium of organisations that sets out to ‘revolutionise workforce policy’ The Future Workforce Alliance (FWA), a consortium of policymakers, researchers and firms such as Zoom and Remote, has launched the European Charter for Digital Workplace Wellbeing and claims that the step by MEPs signals the beginning of the life/work revolution and solidification of workers’ rights in the face of what it refers to as ‘ret

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7 Common ACA Compliance Pitfalls and How to Avoid Them

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.