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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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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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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Why emergency savings accounts are dominating Q4 benefit conversations

Employee Benefit News

A new framework for retirement savings has emerged.

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Hybrid Recruitment: Definition, Types, Tips, Benefits & Examples

HR Lineup

In the dynamic landscape of the modern workforce, traditional recruitment methods are giving way to more flexible and adaptive approaches. Hybrid recruitment, a term gaining prominence, represents a fusion of traditional and contemporary hiring practices. This article delves into the definition, types, tips, benefits, and examples of hybrid recruitment, providing a comprehensive guide for organizations seeking to navigate the evolving terrain of talent acquisition.

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My Key Take-Aways From The #AFCPE2023 Symposium

Money Talk

I recently attended the 2023 Association for Financial Counseling and Planning Education (AFCPE) Symposium along with over 600 financial educators, researchers, planners, counselors, and other practitioners. Below are six key take-aways: Climate and Finances - Financial impacts of climate change include the cost of property damage and infrastructure repairs (think floods, hurricanes, wildfires, and tornados), higher home energy spending (e.g., air conditioning due to more frequent heat waves), c

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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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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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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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What is Internal Hiring?

HR Lineup

In the ever-evolving landscape of talent acquisition, internal hiring has emerged as a strategic practice for organizations seeking to harness the full potential of their existing workforce. This approach involves filling job vacancies with existing employees rather than recruiting externally. In this article, we’ll delve into the nuances of internal hiring, exploring its benefits, challenges, and best practices.

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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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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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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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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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10 Best Tax Practice Management Software 2024

HR Lineup

In the fast-paced world of taxation and financial management, staying ahead of the curve is crucial for tax professionals. As we step into 2024, the demand for efficient, user-friendly, and comprehensive tax practice management software has never been higher. Tax professionals and firms need tools that streamline their workflows, ensure compliance, and enhance overall productivity.

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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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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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Are employers favoring in-person employees?

Employee Benefit News

Two workplace experts discuss the discrepancies happening among hybrid teams and how managers can avoid favoritism.

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Microsoft Dynamics 365 Human Resources

HR Lineup

Microsoft Dynamics 365 Human Resources (D365 HR) is a comprehensive and cutting-edge human capital management solution designed to streamline and optimize HR processes within organizations. As a part of the broader Microsoft Dynamics 365 suite, D365 HR empowers businesses to attract, engage, and nurture their most valuable asset – their people. At the core of Microsoft Dynamics 365 Human Resources is a commitment to enhancing employee experiences and driving organizational success through effect

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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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Three Ways to Use AI in Employee Benefits

International Foundation of Employee Benefit Plans

It’s open enrollment time, and your plan participants have questions about which health plan they should choose or whether a new voluntary benefit might be right for them. Your benefits staff is stretched thin trying to answer questions. What if you had […] The post Three Ways to Use AI in Employee Benefits appeared first on Word on Benefits.

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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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End-of-year checklist: Update your retirement contributions

Employee Benefit News

Only a third of employees know if they're on track with their retirement savings.

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Ceridian Dayforce HCM

HR Lineup

Ceridian Dayforce HCM (Human Capital Management) stands as a comprehensive and innovative solution designed to streamline and optimize various aspects of workforce management for businesses of all sizes. This cloud-based platform integrates multiple functionalities, ranging from HR and payroll to talent management, providing organizations with a unified and efficient system to manage their human capital.

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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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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.