CorpStrat

JANUARY 22, 2024

As we settle into 2024, many teams have recently renewed their Employee Benefits plans. It’s the perfect time to take a closer look and remind your employees about the fantastic, often underutilized benefits these plans offer. From free to low-cost options, these benefits are not just perks – they’re valuable resources for your employees and their dependents.

Employee Benefits 52

Employee Benefits Flexible Spending Account Health Savings Account Flexible Spending 52

PeopleKeep

JANUARY 24, 2024

Franchises are a common type of organization in the U.S. In 2023, there were 805,000 franchises nationwide, generating $860.1 billion in revenue 1. Because of their potential for higher profits under the umbrella of a recognized brand, franchise businesses are often a draw for entrepreneurs. But as with any other business, you must know your health insurance obligations before hiring workers.

Health Insurance 87

Health Insurance Insurance 87

Employee Benefits

JANUARY 22, 2024

Here are 5 benefits to engage your Gen Z workforce H1; The Five Benefits That Gen Z Want in the Workplace Gen Z will comprise a third of the workforce within the next few years. So what benefits must companies adopt in order to attract and retain this new generation of talented employees? Born after 1995, Gen Z is slowly replacing retiring Baby Boomers within the workforce.

Pension Benefit 115

Pension Benefit Pension Paid Leave Transportation 115

Winston Benefits

JANUARY 23, 2024

For most, the start of a new year marks a fresh beginning; however, for many HR professionals, January means the end of open enrollment (OE). While OE certainly brings about its challenges for HR and benefits professionals, it also can give them a clearer idea of what’s working and what’s not for their employees. This … Continue reading "The State of Employee Benefits Following Open Enrollment 2023" The post The State of Employee Benefits Following Open Enrollment 2023 appeared first on Wi

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Employee Benefits IT 59

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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

Retirement Plan

Employee Benefits

JANUARY 24, 2024

Need to know: Crypto currency is still unusual in pay strategies with early adopters predominately technology businesses and the professional services firms that support them. Crypto currency is subject to income tax when an employee receives it but could also incur a capital gains tax charge if they hold it for more than 30 days. The growth of digital and micro payments over the next 10 years could see crypto currency become more common in pay strategies, especially for incentive schemes and gl

Global Payroll 105

Global Payroll Employment Taxes Pension 105

PayrollOrg

JANUARY 26, 2024

The U.S. Department of Labor released its list of potential FUTA credit reduction states for 2024, and they are California, Connecticut, New York, and the Virgin Islands. The determination will be made after November 10, 2024.

IT 104

IT 104

Workplace Insight

JANUARY 21, 2024

London’s office market continues to adapt to evolving workforce demands. The normalisation of hybrid and flexible working since the pandemic remains the biggest cultural shift that the office sector has witnessed in decades. In addition to the rise in demand for quality-as-a-must in 2023, collaboration, culture, and connectivity will lead the charge for office space trends in the year ahead.

Employment 118

Employment IT 118

Employee Benefits

JANUARY 24, 2024

Chemicals firm Henkel has introduced fully paid gender neutral parental leave for its 50,000 employees worldwide. The firm’s employees in 80 countries will have the opportunity to take up to eight weeks of fully paid parental leave. The length of the leave is based on the caregiver role as opposed to their gender or biological parent status. The leave is presented as Henkel’s minimum standard and will complement existing local practices and regulations, promoting greater gender equity in countri

Parental Leave 111

Parental Leave Human Resources Employee Recognition Healthcare 111

HR Bartender

JANUARY 25, 2024

Estimated reading time: 4 minutes I came across an article recently on CNBC that said 90% of companies plan to implement return to the office policies by the end of 2024. This isn’t surprising. Organizations have been talking about return to the office policies mandates for quite some time. That’s not what I want to talk about today. I want to talk about meetings.

Technology 162

Technology Management IT Media 162

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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.

PayrollOrg

JANUARY 25, 2024

IRS provided filers with updates on the Information Returns Intake System (IRIS) during its January working group meeting.

IT 104

IT 104

Workplace Insight

JANUARY 25, 2024

There have been many experiments over the years that expose the darker aspects of human nature. One of the most telling of these was carried out by two American researchers called John Darley and Bibb Latane in 1968. The two men’s work was partly inspired by a notorious 1964 murder in which a woman called Kitty Genovese was stabbed to death in public.

Transportation 116

Transportation IT Management 116

Employee Benefits

JANUARY 23, 2024

Supermarket Lidl GB is to give its 26,000 hourly-paid employees a pay rise as part of a £37 million investment into their wages. From 1 March, entry level rates will increase from £11.40 to £12 outside of the M25, rising to £13 with length of service. For those working within the M25, wages will increase from £12.85 to £13.55, increasing to £13.85 over time.

Paid Leave 111

Paid Leave Banking Human Resources Insurance 111

Wellable

JANUARY 24, 2024

Wellable’s 2024 Employee Wellness Trends Industry Report reveals crucial insights for employers to make informed wellness strategies and benefits decisions. The post 5 Key Takeaways From 2024 Employee Wellness Industry Trends Report appeared first on Wellable.

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Employee Wellness Employment 105

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

Employee Wellness

McDermott Will & Emery Employee Benefits

JANUARY 25, 2024

Under the SECURE Act and the SECURE 2.0 Act, employers must provide long-term, part-time employees the opportunity to make elective deferrals under their 401(k) plans and, beginning in 2025, their 403(b) plans. This new rule is fraught with complexity and has generated numerous questions about how the requirements apply. But in talking about the new […] The post A Long-Term, Part-Time Employee or Not a Long-Term, Part-Time Employee, That Is the Question appeared first on EMPLOYEE BENEFITS

401(k) 105

401(k) Employee Benefits Employment Retirement Plan 105

Workplace Insight

JANUARY 22, 2024

Over a third of adults experienced high or extreme levels of pressure and stress always or often in the past year (35 percent), according to the new annual report from Mental Health UK. The report warns that the UK is at risk of becoming a ‘burnt-out nation’. Against a backdrop of rising levels of people out of work due to long-term sickness, the polling of over 2,000 UK adults by YouGov for the Mental Health UK reveals that one in five workers (20 percent) needed to take time off due to poor me

Overtime 111

Overtime Government Employment Management 111

Employee Benefits

JANUARY 23, 2024

Credit: Andrew Ogilvy Photography London-based executive support recruitment firm Bain and Gray has become an employee-owned firm by establishing an employee ownership trust (EOT). The EOT gives the organisation’s 20 employees a stake in the business, a greater say in how it is run and an annual share of its profits. Co-founders Emily Bain and Claire Gray will remain as managing director and finance director respectively, to ensure continuity of service.

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Parental Leave Bonuses Finance Consulting 111

Wellable

JANUARY 22, 2024

A recent study questions the efficacy of workplace wellness programs. Explore the study's strengths and weaknesses and how to achieve true employee well-being. The post Oxford Study Questions Benefits Of Workplace Mental Health Programs appeared first on Wellable.

Employee Wellness 105

Employee Wellness 105

Advertiser: Paycor

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!

Employment

McDermott Will & Emery Employee Benefits

JANUARY 24, 2024

Corporate transactions and investments involving union issues require concrete analysis of risk, contingencies and game plans. In a January 31, 2024, webinar, McDermott’s Labor and Employee Benefits Groups will focus on practical steps and strategies to successfully navigate and evaluate key considerations for transactions involving unionized businesses.

Management 105

Management Employee Benefits Pension Employment 105

Workplace Insight

JANUARY 24, 2024

The UK Green Building Council (UKGBC) has launched new guidance on retrofitting large office buildings. Setting out the most cost- and carbon-effective retrofit measures in the immediate and longer term, the guidance reframes retrofit as an iterative process rather than a standalone project. UKGBC has found that significant opportunities are being missed by office investors, owners, and occupiers who do not have clear strategies to retrofit offices in place.

Banking 111

Banking Government Management 111

Employee Benefits

JANUARY 22, 2024

Facilities management employer Mitie, The Perfume Shop, pharmaceutical firm Thornton and Ross, and insurer NFU Mutual UK have been certified as UK top employers. Created by the Top Employers Institute, the UK top employer accreditation recognises employers’ commitment to HR initiatives and practices. They must demonstrate how they support employees across 20 areas of HR, including people strategy, work environment, talent acquisition, learning, diversity, equity and inclusion , and wellbeing.

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Pharmaceutical Employment Commissions Finance 108

Business Management Daily

JANUARY 23, 2024

Prior to coming on board as the new departmental manager, Andrew heard a great deal about an employee named Kristen. When he looked over past performance reviews to get a feel for his new team, her evaluations stood out as particularly stellar. Bosses described her as passionate, reliable, productive, and accommodating. Even in the notes the previous manager left for him, she merited individual mention: “Rely on Kristen when you need something done.

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PTO Healthcare Management Medical 105

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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.

McDermott Will & Emery Employee Benefits

JANUARY 23, 2024

On January 2, 2024, McDermott filed an amicus curiae brief on behalf of the ERISA Industry Committee (ERIC) and the United States Chamber of Commerce (Chamber) in United Behavioral Health v. David K., No. 23-586, in the US Supreme Court. The case presents two questions of broad public importance concerning the requirements under the Employee […] The post McDermott Submits Amicus Brief to the US Supreme Court in United Behavioral Health appeared first on EMPLOYEE BENEFITS BLOG.

Employee Benefits 104

Employee Benefits Health and Welfare 104

Workplace Insight

JANUARY 22, 2024

The City of Salford is now home to Eden , one of the UK’s most sustainable office buildings, containing Europe’s largest living wall. From the site of a derelict surface car park with no benefits to the people of Salford, English Cities Fund (ECF) has created a 115,000 sq ft development that will transform this neglected urban area into a diverse mixed-use destination and form a key part of ECF’s £1bn regeneration of the Salford Central area.

IT 109

IT 109

Employee Benefits

JANUARY 24, 2024

Global law firm Taylor Wessing introduced an incentive programme in 2023 , enabling its UK lawyers to award, trade and redeem crypto tokens, known as LAW Tokens. Paul Thorpe, a partner at Taylor Wessing and one of the leads on the initiative, says there are several reasons behind the programme. “We’re a leading legal services firm for blockchain companies so it shows our clients we understand and back the technology,” he explains.

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Taxes Technology Employee Benefits IT 105

15Five

JANUARY 23, 2024

Turnover is just part of doing business. Some employees aren’t a good fit, while others find new opportunities. While some turnover is normal, too much can damage your organization’s performance, lower morale, and even interrupt important projects. That’s why, as an HR professional, you need a simple way to calculate, analyze, and manage your turnover rates.

Employee Retention 103

Employee Retention Recruitment Employee Recognition Management 103

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.

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