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The manufacturing industry is confronting a critical challenge: a substantial portion of its workforce is disengaged. This issue goes beyond low morale disengaged employees are less productive, less innovative, and more likely to leave their roles prematurely. Amid rising economic uncertainty and rapid technological advancements, how can manufacturing organizations harness technology to foster a more engaged, productive, and skilled workforce?
As we step into 2025, the corporate landscape is undergoing seismic shifts, driven by technological advancements, shifting employee expectations, and an increasingly globalized workforce. In this era of transformation, employee benefits have emerged as a strategic lever for attracting, retaining, and engaging top talent. Organizations that fail to adapt to these evolving trends risk being left behind in the race for the best and brightest.
There is a tandem concern in the workplace, safety and workers' compensation. In my career, I spent many hours defending workers' compensation claims and witnessed a variety of comprehension for the interrelationship between these two business concerns. Without exception, the extent to which the two silos interrelated or even communicated within an entity was largely dependent on leadership.
The way we hire is changing quickly with the help of AI and automation. These technologies are changing how companies hire by making the process faster, more efficient, and better for candidates, while also helping businesses find the best talent quickly. There are many AI tools revolutionizing recruitment. For instance, tools like text to voice generator enable businesses to create professional voice overs for job postings, onboarding materials, and training content.
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?
Recent economic pressure has put financial wellness benefits in the spotlight. 2025 is a pivotal year for reassessing how employee wellness impacts organizational success. Stress has long been known to damage employee mental health, productivity and retention. This is especially true of financial stress. Employees grappling with financial anxiety may be more distracted and less engaged.
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Comp and Benefits Today brings together the best content for compensation and benefits professionals from the widest variety of industry thought leaders.
Effective January 1, 2025, employers in New York are required to provide employees with 20 hours of paid prenatal personal leave, in addition to regular paid sick leave.
Group Health Plan Trends for 2025 As health insurance costs continue to rise at an uncomfortable pace, employers in 2025 plan to shake up the status quo with their health care vendors, particularly those focused on reducing pharmacy spend, a main cost driver, according to a new report. To address spiraling costs, they will also focus on educating their staff about the importance of prevention and immunizations and guiding them to use specialized services that focus on managing chronic conditions
Young people who began their careers around the start of the Covid-19 pandemic or soon after are being invited to share their experiences of the workplace, as part of an inquiry into the effects of hybrid working. To mark five years since the first lockdowns began globally, business standards and improvement company BSI is investigating the impact of the restrictions on younger workers, and how transformed ways of working have shaped subsequent career journeys.
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.
In this January 2025 edition of Compliance TV: Standard Mileage Rate Increases to 70 Cents in 2025; New Laws Change ACA Reporting Requirements; IRS Releases 2025 Publication 15-T; DOL Reinstates Pre-2021 Dual Jobs Regulations
International Foundation of Employee Benefit Plans
JANUARY 7, 2025
Understanding how government sponsored programs operate is essential to communicating benefits to all employees. Here is what you need to know regarding Employment Insurance benefits in 2025. The Employment Insurance (EI) program provides temporary income support to unemployed workers while they look […] The post Employment Insurance Benefits: What You Need to Know for 2025 appeared first on Word on Benefits.
The metaverse is rapidly shifting from science fiction to business reality. Digital advancement has brought about a twist: businesses and professionals now face a curious test. Paying employees who work virtually can get complicated. Given the flexibility and autonomy they enjoy, traditional payment systems may not cut it. Building systems that rise to the challenge of serving them is no small feat.
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.
Employers can now furnish Affordable Care Act (ACA) Form 1095-C to individuals by request only. Electronic delivery is permitted if the individual has given consent.
Why commissions are a win-win Would you rather be paid by the hour or by how much work you get done? A commission-based pay structure is the dream for those of the latter persuasion. Commission plans are pay structures in which sales employees are rewarded based on their sales performance rather than paid outright. Some people do earn a base salary plus commission, but the main focus is to provide a per-sale return on each product that goes out the door.
Understanding elder care benefits is vital as the task of caring for elderly loved ones becomes more common. These benefits can offer critical support for employees with caregiving responsibilities, allowing companies to meet the growing demand for employer support amidst an aging population. Why are elder care benefits important to employees? According to the U.S.
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.
Learn how you can champion EWA during the webinar Earned Wage Access Success: How to Champion and Activate the Modern Way to Pay, sponsored by DailyPay, on Thursday, January 16, at 1:00 p.m. ET.
Layoffs and downsizing are among the most challenging tasks an HR professional can face. Beyond the emotional toll they take on employees and managers alike, these decisions are fraught with legal complexities that, if mishandled, can lead to costly lawsuits and reputational damage. Ensuring compliance with the Worker Adjustment and Retraining Notification (WARN) Act and other legal frameworks is essential for mitigating risks and maintaining fairness.
Are you tired of high health insurance costs and plans that may not work for every employee? If so, the individual coverage health reimbursement arrangement (ICHRA) is the answer. The ICHRA is a flexible way to provide health benefits for your employees while better managing your budget. But with so many administration vendors available, how do you know which one to choose?
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!
The PayrollOrg Compliance Calendar for 2025 is now available on the PAYO website. It contains important payroll tax payment and reporting dates every payroll professional needs to know during the calendar year.
Open enrollment is an important time for HR professionals and employers, since its the moment employees make decisions that impact their health, finances, and overall wellness for the coming year. However, the work doesnt end when open enrollment closes. Post-open enrollment strategies are essential for ensuring employees are engaged, informed, and set up for success.
Following the COVID-19 pandemic, there has been a significant focus on mental health support in the workplace. According to our latest State of Health Insurance Report, many employers have adapted holistic approaches to cater to the rising demand of mental health support among millennial workers. Entering 2025, the importance of holistic employee mental health support.
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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