Sat.Dec 10, 2022 - Fri.Dec 16, 2022

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Six ways to support employees with money worries

Employee Benefits

The current and growing cost of living crisis that’s now impacting so many people across the UK could prove to be even more of a disruptor to employees than the pandemic was. According to our recent survey , over 9 in 10 workers say the cost of living crisis is as worrying or more worrying than the COVID pandemic was. This means businesses who value their people will be wanting to find ways to provide support for workers with financial worries.

Finance 105
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How to choose a benefits administrator

PeopleKeep

If your organization is offering employee benefits , it’s essential that you use a benefits administration tool that helps you stay on top of compliance obligations. Benefits administrators can make it easy for employees to enroll in their perks, and they give your organization the training and resources it needs to keep its benefits running smoothly.

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3 ways to boost teamwork at your organization

Achievers

Teamwork and collaboration are the foundation of every great company culture, whether your workforce is fully in person, remote, or a combination of the two. There are few feelings like knowing you can rely on your teammates, and there are few things as satisfying as building genuine, lasting connections with them. A team-centered culture where everyone feels like they belong boosts alignment with your company vision and values, keeping everyone in sync as they work together towards a common goa

Health 253
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22 HR and benefit lessons we learned in 2022

Employee Benefit News

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Future-Proof Your Talent Pipeline

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?

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6 Common Mistakes to Avoid When Choosing a Health Plan

CorpStrat

Health insurance may be one of the most critical annual purchases since it impacts your physical, mental, and financial wellness. Unfortunately, selecting a health insurance plan can feel overwhelming. With so many options, it can also be easy to make a mistake when selecting coverage. This article explores six common missteps related to selecting a health insurance plan.

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What Is Filing Status, and How Does It Affect Payroll?

Patriot Software

Withholding federal income tax from employee wages is a necessary (but tricky) part of running payroll. There is no standard amount you withhold from employee wages for federal income taxes. Instead, tax amounts are determined by factors like pay, Form W-4 withholding information, and filing status. But, what is filing status? You need to have […] READ MORE.

Payroll 92
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3 integrated benefits options: Which is best for your employees?

Employee Benefit News

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10 Best Task Management Software for 2023

HR Lineup

Project managers face challenges when planning, organizing, and prioritizing their tasks. They need to work swiftly and efficiently to meet deadlines, plus ensure that they use only allocated resources. As a business manager, you must equip yourself with the best task management tools to do your work efficiently and stay competitive. With so many task management softwares in the market, you must carefully choose the best task management software for your business needs.

Software 245
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Investment Insights for Uncertain Times

Money Talk

The year 2022 has been a time of great uncertainty for investors with periods of extreme volatility (i.e., sharp price movements of securities, both up and down). Times like these are a good time to revisit what we know to be tried and true about investing from decades of investment performance data. This knowledge can help calm frayed nerves and keep investors focused on their long-term goals.

Finance 181
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Understanding Group Medicare for an Aging Workforce: Key Considerations for HR Leaders

Speaker: Shawnequa Albert

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.

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Affordable Care Act: Good Data Practices Can Lead to Better Compliance

HR Bartender

Estimated reading time: 5 minutes. (Editor’s Note: Today’s article is brought to you by our friends at ADP , a comprehensive global provider of cloud-based human capital management solutions. Industry analyst firm Nelson Hall recently identified ADP as a leader in both the small and medium business as well as mid to large market segments. Congrats to them!

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5 ways to manage the 'whole employee' wellness trend

Employee Benefit News

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How To Not Let Job Interview Feel Like An Interrogation

HR Digest

I had a job interview one time where the interviewer was nothing like I had expected. She was welcoming and nice, and she had a great smile on her face. It felt so unreal having such an interview and coming across such a great personality. I was amazed, to say the very least. Unfortunately, many of us have had to attend interviews that made us so uncomfortable and it looked like we were in on something other than the job.

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3 ways to care for your team’s mental wellbeing this holiday season (and yours too!)

Employee Benefits

Author: Jennifer Gendron – Global Chief Commercial Officer at Koa Health – Employee Mental Health and Wellbeing Solutions. The holidays can feel unduly stressful, as if all of us are rushing so that we can relax. With end-of-year deadlines and other time-sensitive priorities, everyone is trying to push one more deliverable over the finish line to spend quality time with their families.

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Ready to Save Time With AI? Try 14 ChatGPT Prompts for HR

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.

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Dependent Eligibility Audits – What Are They and Why Should You Consider Conducting One?

International Foundation of Employee Benefit Plans

Anyone who works with health care benefit plans knows that costs keep going up. They also know they have a responsibility to make sure the plan is sustainable. Add into. Read more > The post Dependent Eligibility Audits – What Are They and Why Should You Consider Conducting One? appeared first on Word on Benefits.

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Top 10 companies for women employees in 2022

Employee Benefit News

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S.D.N.Y. Voids ERISA Plan’s Arbitration Provision

Proskauer's Employee Benefits & Executive Compensa

A district court in New York recently refused to enforce an arbitration provision in an ERISA fiduciary breach lawsuit challenging the valuation of an Employee Stock Ownership Plan (“ESOP”). The ruling in Lloyd v. Argent , No. 22-cv-4129, 2022 U.S. Dist. LEXIS 219964 (S.D.N.Y. Dec. 6, 2022), exposes the continued uncertainty as to the enforceability of arbitration provisions when applied to ERISA fiduciary breach claims.

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Charles Cotton: 2023 will bring a focus on low-cost wellbeing support

Employee Benefits

In today’s volatile, uncertain and complex world, making predictions for the coming month is difficult enough, let alone making them for 2023. The cost-of-living crisis has had, and continues to have, a significant and widespread impact on the world of work. Next year, it is likely the UK will be in recession, though the downturn’s duration and depth is uncertain.

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The Great Disruption: Leveraging AI To Better Your Benefits Strategy

Speaker: Joana Ardelean, MSHRM, PHR, SHRM-CP, CC

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.

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New Survey Results Are In—Organizations Committing to Hybrid Work 

International Foundation of Employee Benefit Plans

As the dust of the pandemic settles, over half of employers will maintain remote work options as 2023 approaches, according to a new report from the International Foundation. The Employee. Read more > The post New Survey Results Are In—Organizations Committing to Hybrid Work appeared first on Word on Benefits.

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Salary transparency laws create unexpected challenges for small businesses

Employee Benefit News

Salary 289
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23 Pensive And Unique Christmas Wishes For Boss

Vantage Circle

Greeting our bosses on Christmas is something we all wish to do. Undoubtedly, you too may wish to pen down your heartfelt thoughts for the person who has an enormous impact on your life. But there may be times when you don't know how to convey your appreciation or wishes. You either fall short of words or run out of ideas. After all, appreciating and conveying Christmas greetings to your boss can be trickier than it seems.

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PAID VOLUNTEERING AND THE EMPLOYEE EXPERIENCE

Employee Benefits

When business leaders and HR managers sit down to think about how to boost their employee value proposition, conversations turn to the three pillars of well-being – financial, physical, and mental – and the employee benefits available. Whilst these form the basis of a robust well-being and retention strategy, other things matter to your employees that may not immediately spring to mind.

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10 HR Metrics for 2025: HR Data Toolkit

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!

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30 Recession-proof Jobs and Careers

HR Digest

The economy’s in the dumps , and it’s not looking like it’s going to get any better soon. So you’re probably wondering: how can I make sure I’ll have a job when this is all over? Well, we’ve got good news for you. There are some recession-proof jobs—meaning they’ll always be in demand regardless of what happens with the economy. .

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10 companies with the best work cultures in 2022

Employee Benefit News

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Never mind the workplace predictions, here’s some bollocks

Workplace Insight

Time of the year for looking backwards and forwards. For workplace predictions and retrospectives. The Economist announces that the word / term of the year is hybrid work. This is interesting because, although The Economist is using it as an interchangeable term for flexible working as many do, a great deal of energy is still expounded on defining exactly what it means.

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Why financial wellbeing should be on an equal footing with mental and physical health

Employee Benefits

The Oxford Dictionary defines health as ‘the state of being free from illness or injury’. What’s important to note is that the explanation doesn’t refer to any particular division of health, whether that’s physical, mental or even financial. Rather, health relates to being in a fault-free condition. By this definition, health is made up of a multitude of areas, not just the usual presumed category of physical.

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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.