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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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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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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Xylazine

Florida Workers' Comp

US News reports that there is a new and dangerous trend emerging in the overdose crisis. By now, everyone living above ground has grasped the heroin threat of yesteryear, the Opioid crisis that has marred the twenty-first century, and the present dire situation with Fentanyl. But have you heard of Xylazine? In a recent article, the everyday world is introduced to this emerging threat, a "horse tranquilizer," that is impacting those who seek solace and comfort in the world of recreational pharmac

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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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4-Week Roadmap for New Hires

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.

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IRS Releases 2024 Tables That Will Be Available in Publication 15-T

PayrollOrg

In late November, the IRS released a worksheet containing the tax tables that will be included in the 2024 Publication 15-T, Federal Income Tax Withholding Methods.

Taxes 104
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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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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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How to Make The Best Benefits Decisions for 2025's Workforce: An HR and Total Rewards Guide

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

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SSA Reminds Employers to Update BSO Registration

PayrollOrg

The Social Security Administration (SSA) reminded employers to check Business Services Online (BSO) accounts before filing season begins.

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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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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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Reduce Bias in Hiring: Structured Interview Questions for Employers

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!

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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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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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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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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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Transform Employee Wellbeing and Control Costs Through Data-Driven Strategies

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.

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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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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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Chicago Employees to Receive 10 Days of Paid Leave

McDermott Will & Emery Employee Benefits

As of December 31, 2023, all employees physically working in Chicago for at least two hours in a two-week period will earn both one hour of paid leave and one hour of paid sick leave for every 35 hours worked, pursuant to an ordinance passed by the Chicago City Council on November 9, 2023. The new […] The post Chicago Employees to Receive 10 Days of Paid Leave appeared first on EMPLOYEE BENEFITS BLOG.

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Ednah Otieno: What is the biggest lesson you have learnt this year?

Employee Benefits

The biggest lesson I have learnt this year is that nurturing an inclusive culture is enabled by having the right policies, principles and practices on future or emerging trends. At Diageo, we are committed to nurturing the most inclusive and diverse culture, not just because it helps our business to grow but because it is the right thing to do. Creating a philosophy and setting ambitious targets is an important starting block to nurturing an inclusive culture.

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The Diversity Reckoning: Can HR Survive Without New Perspectives?

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.