Sat.Dec 02, 2023 - Fri.Dec 08, 2023

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46% believe an ethical employer is more important than a higher salary

Employee Benefits

Nearly half (46%) of employees said that working for an ethical employer is more important to them than a higher salary , according to new research by PR agency Unhooked Communications. It surveyed 2,015 UK adults on what they look for in an employer and what motivates them in their work for its HR unhooked pr and marketing report , and found that those aged 25-34 (54%) and those working in the environment and energy sector (65%) were most likely to agree that an ethical employer is more importa

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Employee Benefits Notice Requirements for 2024 | BerniePortal

BerniePortal

HR pros know that compliance is crucial to their organization’s success. Although you may prefer to focus on more strategic objectives—such as recruitment , retention , or performance management —it should be a priority to comply with laws governing benefits administration. Otherwise, your organization’s bottom line could be eaten up by federal fines.

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10 surprising FSA-eligible purchases you can make before the end of the year

Employee Benefit News

FSA Store lists creative ways account members can spend their remaining balances before the Dec. 31 deadline.

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Can Emergency Withdrawals Replace Emergency Savings?

International Foundation of Employee Benefit Plans

One of the first pieces of advice every personal finance guru will give you is “build up your emergency savings.” The advice has become as ubiquitous as it is effective. An emergency savings account (usually set at 3-6 months of a person’s […] The post Can Emergency Withdrawals Replace Emergency Savings? appeared first on Word on Benefits.

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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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Flexible workplace provider creates ‘first ever’ metaverse office

Workplace Insight

The flexible workplace provider Clockwise has opened what the firm claims is the first office space in the metaverse, the Clockwise Campus. According to Microsoft, 51 percent of Gen Z expects to be working in the metaverse in some capacity by 2024. The firms say the space is heavily influenced by Clockwise’s physical offices and provides a digital platform for its members and the public to connect, collaborate and interact in various spaces including; meeting rooms, dedicated desks, breakout sp

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Change the Conversation: UKG HR and Payroll eSymposium

HR Bartender

Estimated reading time: 6 minutes (Editor’s Note: Today’s article is brought to you by our friends at UKG – Ultimate Kronos Group , a leading provider of HR, payroll, and workforce management solutions. The NelsonHall NEAT report recently named UKG a leader in the next generation HCM technology market. Congrats to them and enjoy the article!) Mark your calendars!

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PWC introduces neurodiversity training programme

Employee Benefits

Professional services firm PricewaterhouseCoopers (PWC) has rolled out a neurodiversity interactive learning programme to all of its 32,640 UK employees. Titled Great Minds (don’t think alike), the programme explores the topic of neurodiversity and includes bite-sized resources, as well as stories and experiences from PWC employees. It has been designed to help build understanding of neurodiversity and what it means to be neurodivergent.

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Mercans Guest Blog Article: How AI is Transforming the Global Payroll Landscape

3Sixty Insights

The payroll function within an organization is now universally viewed as a critical HCM pillar, and not just operationally speaking (as was generally the case in past years) but from a strategic perspective as well. From the significant contribution payroll makes in serving-up the highest quality workforce data needed to power high-value analytics, labor cost planning and modeling, to ensuring the employee experience always includes quick and accurate responses to employee queries, payroll is fo

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Year-End Tax Moves to Save Money

Money Talk

As the year winds down so, too, does your opportunity to take proactive steps to reduce 2023 income tax due in April 2024 and, perhaps, taxes due in future years as well. Below are some money-saving tax planning strategies to consider. Seek professional advice as needed. Early RMD Withdrawals - The “financial gap years” between age 59½ and 73 (or 75 if born in 1960 or later) are when there are no longer penalties for withdrawals from tax-deferred accounts but required minimum distributions are n

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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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Why emergency savings accounts are dominating Q4 benefit conversations

Employee Benefit News

A new framework for retirement savings has emerged.

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Tailored workplace management for modern organisations

Workplace Insight

Workplace management used to be a secondary concern for organisations in the past, but it has now become a top priority. The COVID-19 pandemic has accelerated the process of digital transformation, leading to the implementation of new processes and technologies that focus on facilitating remote and at-home work. As a result of these changes, organisations have recognized the importance of finding a balance in their work environments.

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Richard Knight and Amy Davies: Responses to Mansion House reforms in Autumn Statement

Employee Benefits

The Autumn Statement from Chancellor Jeremy Hunt included well-trailed measures that show the government has listened to the industry’s responses to the Mansion House reforms. There are a number of details that must be worked through, in particular for the reduction in small defined contribution (DC) pots. Following its call for evidence on consolidating small pension pots earlier this year, the Department for Work and Pensions (DWP) is launching a further consultation on proposals to introduce

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The Proposed MHPAEA Regulations: Comments on Behavioral Health Carve-Out Vendors

McDermott Will & Emery Employee Benefits

This post continues our focus on comment letters submitted in response to proposed regulations under the Mental Health Parity and Addiction Equity Act (MHPAEA). The proposed regulations were issued earlier this year by the US Departments of Labor, Health and Human Services and the Treasury (the Departments). Our previous MHPAEA content is available here.

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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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SAP Blog – SAP SuccessFactors Employee Central Payroll Natively Supports 50 Locales

3Sixty Insights

Today, SAP is excited to share that SAP SuccessFactors Employee Central Payroll natively supports 50 locales across the globe, with the addition of Greece as part of our second half release. SAP is the only vendor to support cloud payroll for this many locales, helping organizations that operate across multiple countries manage their payroll on one system.

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What ever happened to The Great Resignation?

Workplace Insight

You may recall that a couple of years ago, The Great Resignation was one of a handful of things with which certain people had become obsessed. Over a period of about six months at the end of 2021 and beginning of 2022, we were told repeatedly that huge numbers of people were about to quit their jobs to move to something better, pursue their dream of self-employment or whatever.

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53% of British employees would switch jobs for better benefits

Employee Benefits

More than half (53%) of British employees would switch jobs and take the same role elsewhere for better benefits , according to research by emplyee benefits consultancy PIB Employee Benefits. Its Mind the gap survey, in collaboration with YouGov, which surveyed 1,000 employees, highlighted a link between employee benefits and staff retention, and that a competitive benefits package is central to an employer’s value proposition.

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Scaling Effective Managers: Pendo reduces turnover by 21% while onboarding 163 managers

15Five

Pendo is a trailblazer in product experience platforms. Scaling Growth, Engagement, and Retention Rapidly scaling any company while maintaining engagement and retention is a daunting challenge for HR and People teams. Scott Morgan, Head of Growth at Pendo, experienced this firsthand as Pendo expanded from 200 to 1,000 employees. However, their success in onboarding 163 managers, remaining in the top 25% of employee engagement, and significantly reducing turnover to 11% stands as a testament to t

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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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A new Visa apprenticeship program aims to grow cybersecurity talent

Employee Benefit News

The credit card company is creating avenues for their staff, veterans and talent outside their organization looking to upskill.

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Beyond Aesthetics: Designing Workspaces That Truly Meet Employee Needs

Wellable

The ‘Instagrammable’ office trend: These vibrant, stylish spaces make for an impressive social media post, but do they truly meet employees' needs? The post Beyond Aesthetics: Designing Workspaces That Truly Meet Employee Needs appeared first on Wellable.

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5 ways to reduce employee stress at work

Employee Benefits

A recent State of the Global Workforce report found that stress levels at work are higher than ever before. The survey revealed that 44% of respondees experienced elevated levels of stress before filling in the report. In addition, a UK work-related report revealed that in Britain, 76% of employees reported medium-to-high levels of stress. This translates to a wide range of issues for workforces, from increased incidence of mental health issues – including anxiety, depression and burnout – to em

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Firms on both sides of the pond are sluggish in uptake of generative AI

Workplace Insight

One year on from the launch of Chat GPT, new data from Slack based on 10,000 global workers (including 1,000 the UK) suggests that UK companies believe there is much greater urgency to adopt Generative AI at work than US companies – yet uptake remains sluggish in both markets. According to the study, 61 percent of UK workers believe there is a high or existential need to incorporate Generative AI into work compared to just 44 percent of US workers who feel the same.

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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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Virtual doula support can reduce need for C-sections by 60%

Employee Benefit News

A new study by Maven shows the positive health outcomes that come with additional support during and after pregnancy.

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Study: Workplace Flexibility Lowers Risk Of Heart Disease

Wellable

A recent study finds that workplace flexibility can lower heart disease risk. Learn how tailored work arrangements contribute to a healthy, productive workplace. The post Study: Workplace Flexibility Lowers Risk Of Heart Disease appeared first on Wellable.

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Automobili Lamborghini signs agreement to improve employee flexibility

Employee Benefits

Credit: Claudio Caridi / Shutterstock.com Automobili Lamborghini has signed an agreement to balance its Italian employees’ leisure and work time through greater flexibility and reshaping working hours. Decided with the Unitary Trade Union Representation, FIOM CGIL and FIM CISL, the draft agreement for the years 2023-2026 sets out new work models that will not impact starting pay to be implemented initially on an experimental basis.

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What are the most common types of employees?

PeopleKeep

If you’re a business owner, you likely already know there are more employee classification options besides full-time. As our labor market becomes increasingly diverse and people find more flexible ways to work, employers may need to expand their workforce to include several different types of employees to meet their growing business needs. Understanding various types of employment can help you optimize your hiring process, increase productivity, and determine your legal obligations when offering

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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.