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Are your employees struggling with personal legal challenges? As employers look for strategies to support worker well-being and boost productivity, legal benefits for employees can be an attractive option. Learn about the pros and cons of adding legal services, whether that’s as a standalone benefit or as part of an Employee Assistance Program (EAP).
Participating in a health savings account (HSA) or flexible spending account (FSA) is a great way to save money. Below, we’ve outlined the key differences of an HSA vs. FSA so you can see how they work, the advantages to each, and why you should participate in them. Health savings account An HSA is an individually owned benefits plan funded by you or your employer that lets you save on purchases of eligible expenses.
A positive work environment is key to the success of any business, and employee satisfaction plays a crucial role in maintaining that environment. In the automotive industry, this becomes even more important, as skilled employees like technicians and service advisors are vital to the smooth operation of the shop. One effective way to keep your staff motivated and engaged is by implementing an employee rewards program.
Get ready for the future of business. As HR navigates an ongoing labor shortage, leaders need stronger, more adaptable recruiting strategies. Do you have the tools you need to build a talent pipeline that drives sustainable business growth?
Rewriting how their employment status is perceived in the UK, Bolt drivers have won their employee rights and can expect to receive over £200 million as a part of the proceedings. An employment tribunal ruled in favor of awarding the Bolt drivers the right to receive employee benefits as opposed to their current status of “self-employed contractors” with their own business.
According to the U.S. Department of Labor, California, New York, and the U.S. Virgin Islands could not pay back their federal loans by the November 10, 2024, deadline and will lose the full Federal Unemployment Tax Act (FUTA) credit for 2024.
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According to the U.S. Department of Labor, California, New York, and the U.S. Virgin Islands could not pay back their federal loans by the November 10, 2024, deadline and will lose the full Federal Unemployment Tax Act (FUTA) credit for 2024.
Employee engagement is increasingly recognized as a priority for companies. However, it is commonly associated only with qualitative or intangible outcomes. This perspective can overlook the full potential that employee engagement is capable of. To dispel the misconception around engagement being limited to intangible gains, companies must calculate the ROI of employee engagement.
International Foundation of Employee Benefit Plans
NOVEMBER 12, 2024
New Survey Data Reveals Increased Mental Health Challenges and Stress Levels As more employees grapple with mental well-being, organizations are challenged with implementing new solutions to support mental health in the workplace. Mental Health and Substance Use Disorder Benefits: 2024 Survey Results, […] The post Mental Health and Substance Use Disorders: Canadian Employees Continue to Struggle as Employers Focus on Education and Prevention appeared first on Word on Benefits.
As our workforce evolves, so must the way we support it. With more employees choosing to work beyond age 65, HR leaders are increasingly being called upon to guide aging employees through one of the most complex transitions in their professional lives - from employer sponsored plans to Group Medicare. Without clear guidance, confusion around eligibility, coverage options, and cost implications can lead to uncertainty and missed opportunities for optimized benefits.
What if your team could truly free up time to focus on your core business? That’s what leading coal producer Peabody experienced. A global enterprise headquartered in St. Louis, Missouri, Peabody operates 17 mines and serves customers in more than 20 countries. In her 30 years at Peabody, Vice President of Total Rewards, Julie Nadolny has helped build a strong HR team, many with 20+ years’ tenure, to administer health & welfare plans, retirement programs, executive and broad-based compensati
Summer is a time for fun, relaxation, and sunshine—but it’s also an excellent opportunity for companies to show appreciation for their employees. As the weather warms up, team members may be more focused on vacation plans or outdoor activities, which can lead to a dip in engagement. That’s why implementing summer employee appreciation initiatives is crucial to keeping morale high and fostering a positive work environment.
Amazon has officially lost the right to force employees to attend mandatory anti-union meetings. In a recent ruling, the NLRB banned “captive audience meetings” entirely, after finding it to be an extremely unlawful practice despite being a common one. The NLRB’s ruling on anti-union meetings does not mean that employers can no longer discuss union activities with their employees.
ChatGPT is a powerful tool that can help you quickly brainstorm, draft, and refine tasks on your to-do list. But it can take a bit of strategy and practice to get generative AI to give you the time-saving results you’re looking for. Try these 14 detailed prompts to unlock the power of ChatGPT. You'll discover ways to streamline tasks for hiring, employee engagement, and performance management.
Human capital management (HCM) is a term that’s been rising in popularity within the technology and everyday HR spaces. Narrowing down exactly what it means can be confusing, as, at first glance, it may seem like a fancy word for human resource management. However, human capital management does have a distinct focus that organizations will want to consider as they work on improving their HR practices or building their HR strategies for 2025.
Employee Gift Card Programs have become an essential tool for modern workplaces to show appreciation and boost morale. Studies reveal that 79% of employees work harder when they feel recognized, and gift card programs offer a simple, impactful way to make that recognition felt. These programs provide flexibility, allowing employees to select rewards that matter most to them, making it a personal and valued gesture.
Creating high-quality videos has never been easier with a wide range of video creation tools now available. Whether you’re making marketing content, explainer videos, or training material, these top tools streamline the video-making process. Here’s a look at 10 of the best, along with their unique features, pros, and cons. What Makes the Best AI Video Generator?
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.
There is a movement on the federal level to promote a national strategy for financial inclusion. In the meantime, there are steps employers can take to encourage workers to save for emergencies and for retirement.
Major changes are taking place across the food and service industry and Chipotle Mexican Grill does not intend to be left behind. Interim leader Scott Boatwright has secured a permanent position as CEO of Chipotle, and the leadership change marks an unexpected shift in the company. The company’s former CEO Brian Niccol left his position to lead Starbucks instead, and while the coffee chain is on its own journey to reviving customer interest in the business, the move left Chipotle with the tough
Did you know that organizations with robust employee recognition programs can see a 31% lower turnover rate ? In an age where employee satisfaction is paramount, finding effective ways to acknowledge hard work is more important than ever. Employee recognition badges are a creative and impactful solution that many companies are adopting. These badges not only reward individual achievements but also foster a sense of community and belonging within teams.
How to help women in the workforce build financial security. Learn the different ways female employees struggle with discrimination and financial security along with methods for supporting your workforce. Women’s equality in the workplace has gradually improved over recent decades — yet despite this progression, female employees still face discrimination and pay disparity that threatens their financial security.
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!
Announcing: 15Five’s Predictive Impact Model At 15Five we see a vision for HR that goes beyond just measuring things like engagement, performance, and retention – all the way to actually making an impact. Everything we build is helping our customers either accurately diagnose their problems, strategically plan how to solve them, and/or take action through their managers to make an impact.
This recognition by Gartner reaffirms Darwinbox's commitment to transforming HR tech with solutions that are built for change, innovation, and adaptability, catering to enterprises of all sizes.
Employee Discounts Platform LP mariana.nunes Thu, 11/14/2024 - 13:07 Give employees more freedom in the choices they make every day, and the chance to get more from life with a wide range of discounts at their fingertips. Why Choose Our Employee Discount scheme? Exclusive Discounts - We partner with over 100 retailers, so your people can save on everything from the weekly shop to top tech, holidays, and more!
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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