Sat.Feb 18, 2023 - Fri.Feb 24, 2023

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The Intersection of DEI in Benefit Plans

International Foundation of Employee Benefit Plans

As the workforce continues to become more diverse, employers must review their benefit plans regularly to ensure that diversity, equity and inclusion (DEI) continue to be represented. In a recent. Read more > The post <strong>The Intersection of DEI in Benefit Plans</strong> appeared first on Word on Benefits.

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What is employee benefits administration?

PeopleKeep

Offering employee benefits is crucial for organizations to attract and retain top talent and ensure they stay competitive. But before you design your compensation package, you need a plan for managing your benefits to make sure they’re maintained properly. This is where benefits administration comes into play. Benefits administration starts with choosing the benefits and perks you want to offer, but it doesn’t end there.

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The top 10 employee benefits in the UK

Employee Benefits

A good employee benefits package could play a big part in what makes a business successful – how many companies know the top 10 employee benefits in the UK? Not every staff member will have the same wants or needs. But get your employee perks package right and you’ll attract top talent, keep existing staff motivated, improve company culture and overall employee wellbeing.

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The Benefit & Rewards Spree: Different Strategies, One Delivery

Sodexo Engage

Summary:

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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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15 companies with 4-day workweeks hiring remote workers

Employee Benefit News

More Trending

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What does coinsurance mean in health insurance?

Higginbotham

You’re reading your health insurance policy and come across a coinsurance clause. You’re not sure how it impacts the coverage – what does coinsurance mean? Here’s what you need to know about this common insurance term. Cost Sharing in Insurance Although insurance companies take responsibility for many of the costs that arise, policyholders are also responsible for some out-of-pocket costs on top of the premium.

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IRS Finalizes Rules to Lower Electronic Filing Threshold for 2024

PayrollOrg

The IRS finalized regulations to reduce the threshold for filing information returns (e.g., Forms W-2, 1099) electronically from 250 to 10 for returns to be filed on or after January 1, 2024.

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What is pay equity? Defining the problem before it can be addressed

Business Management Daily

Do you know the significance of March 14, 2023? The National Committee on Pay Equity has designated this date as Equal Pay Day. It symbolizes how far into the year women must work to earn what men earned in the previous year. The organization encourages wearing red on this day to represent how far women are “in the red” with their pay. If that sounds troubling, realize that Equal Pay Day comes even later in the year for women of color.

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HHS Announces Record Number of ACA Marketplace Enrollments

McDermott Will & Emery Employee Benefits

On January 25, 2023, the US Department of Health and Human Services (HHS) announced that more than 16.3 million people nationwide selected an ACA Marketplace health plan during the 2023 open enrollment period that ran from November 1, 2022, until January 15, 2023, for most marketplaces. According to HHS, total plan selections include 3.6 million people […] The post HHS Announces Record Number of ACA Marketplace Enrollments appeared first on EMPLOYEE BENEFITS BLOG.

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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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What is Your Federal Income Tax Rate?

Money Talk

Knowing your tax rate can help you prepare a tax return and take action(s) to reduce your tax liability. Do you know your federal income tax rate? You may actually have several different tax rates (e.g., ordinary income, dividends, long-term capital gains), depending upon sources of taxable income. This post describes the different federal tax rates that apply to taxpayers.

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The Art of Conducting Effective Remote Job Interviews

HR Digest

The COVID-19 pandemic has brought about many changes in the way we work, including the way we conduct job interviews. With remote work becoming the norm, remote job interviews have become a common practice. But how can HR professionals ensure that they are conducting effective interviews? Here are some tips to help you master the art of remote interviews.

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What Is Imposter Syndrome? Learn What it is and 10 Ways to Cope

BetterUp

Jump to section What is imposter syndrome? What causes imposter syndrome? Characteristics of imposter syndrome Types of imposter syndrome What kind of imposter are you? 15 questions to help you find out How to deal with imposter syndrome 10 tips for dealing with your imposter syndrome Bias and imposter syndrome The prevalence of imposter syndrome and why it matters “Any day now, they’re going to realize what a mistake they made in hiring me.

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49% of Black employees are looking to change jobs. What are employers missing?

Employee Benefit News

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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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How to Support Emotional Health and Wellbeing at Work: Emotional Health Day 2023

Employee Benefits

Your people should be at the centre of your business. When they thrive, you thrive too. Supporting your people is essential for the success and longevity of a company. This is why Emotional Health day is a great reminder to look after your staffs wellbeing. Emotional Health day advocates an approach to life that equips and supports people to be emotionally healthy (1).

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The top 10 HR analytics tools to use in 2023

Business Management Daily

Data analysis has long been a part of business decision-making, primarily among sales departments and executives. They use data sets to gain actionable insights on supply costs, customer retention, future business, and sales revenue to improve efficiency, productivity, & profitability. In fact, organizations that use big data become more profitable by 8% and see a 10% reduction in cost – and that’s not limited to analyzing sales and revenue data sets.

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What Is the Law of Attraction, and Can You Use It to Change Your Life?

BetterUp

Jump to section What's the law of attraction? How does the law of attraction work? What are the ​​7 laws of attraction?

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Supreme Court Rules Highly-Paid Employee Owed Overtime, Not Paid on a Salary Basis

PayrollOrg

The U.S. Supreme Court ruled that a highly compensated employee was owed overtime under the Fair Labor Standards Act since he was paid a daily rate and not on a salary basis.

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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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Trial sees 92% of employers agree to continue four-day week

Employee Benefits

The majority (92%) of participants in the UK’s four-day week trial said they will definitely continue or are planning to continue with a four-day working week. Four Day Week Global, Four Day Week Campaign and Autonomy led a six-month trial of a four-day week, with no loss of pay for workers, since last year, surveying 75 employers and 1,751 employees.

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How do you Approach an Employee Slacking Off?

HR Digest

A Gallup study in 2022 showed that only about 33% of employees in the U.S. are fully engaged in their jobs, leaving the remaining 77% disengaged. And this is very true because HR managers and employers alike have come across an employee slacking off at work at least once in their career path. It’s no news that many people often lose their focus and start slacking off at work, especially with the current human attention span of about 8.25 seconds, which is roughly 8 seconds.

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Why Disney shifted to a value-based care model for its 77,000 Florida employees

Employee Benefit News

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IRS Releases 2023 Form 941, Schedules, and Instructions

PayrollOrg

The IRS released the 2023 Form 941, Schedule R, and their instructions, along with the instructions for Schedule B. The forms, which have minimal changes, are to be used beginning with the first quarter of 2023.

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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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Rugby Football Union enhances parental leave policy

Employee Benefits

Credit: Gordon Bell / Shutterstock.com The Rugby Football Union (RFU) and the Rugby Players’ Association (RPA) have introduced an enhanced maternity, pregnant parent and adoption leave policy for contracted England Women’s rugby players. The initiative will ensure that the safety of the player and the unborn child are protected if they continue to be in the team, with a full risk assessment undertaken when a player announces they are pregnant.

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Ditch the Monday Morning Commute: How Remote Work Can Benefit Your Employees and Business

HR Digest

Remote work is a hot topic and for a good reason. Not having to wake up early, endure traffic and arrive at the office sweaty and tired has proven to be a game-changer for millions of professionals. I can attest to this personally as I have been working remotely for the past five years, and it has significantly improved my work-life balance. In this article, we’ll explore how ditching the Monday morning commute can benefit your employees and business and how to implement a successful remot

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Start your new benefits plan year off right with these 8 tips

WEX Inc.

For most of you, a new plan year has begun! And just because you have an entire plan year ahead doesn’t mean you should wait until November or December to put time and energy into your employee benefits. In fact, staying on top of your health savings account (HSA) , flexible spending account (FSA) , or any other plan you signed up for throughout the year can pay off for you.

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Find Tech Innovation at Next Payroll Solutions Showcase

PayrollOrg

The 3rd Annual Payroll Solutions Showcase (PSS) March 2-3 is a free, virtual event geared to U.S. and global payroll industry service providers and companies with payroll and HR technology needs. There, companies can find innovative payroll-related solutions for their specific payroll issues. Register today.

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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.