Employee Benefits

OCTOBER 3, 2024

Almost two-thirds (60%) of benefits managers would give their employees spendable cards to buy their own benefits , according to research by finance specialist Weavr. Its survey of 250 UK-based HR and benefits managers at organisations with more than 50 employees for its whitepaper Employee choice, business control, also found that 50% of respondents have been researching new benefits software, but 27% reported increasing cost pressures from the business.

Management 59

Management Benefits Package Finance Benefits Software 59

Achievers

OCTOBER 3, 2024

There’s no doubt that today’s workforce is rapidly changing, as millennial and Gen Z employees continue to transform the modern workplace. This new, multi-generational labor pool has ushered in a new set of expectations that employers can’t afford to ignore. Companies across industries are to take a long, hard look at how they approach complex topics, including diversity, equity, and inclusion.

Recruitment 194

Recruitment Employee Recognition Employment Education 194

PeopleKeep

OCTOBER 3, 2024

If you're a small employer with little HR support, handling employee benefits might be challenging and time-consuming. If that’s the case, you may consider outsourcing as a possible solution. Outsourcing employee benefits administration offers numerous advantages. But, it's not a one-size-fits-all solution. The decision requires careful consideration of your organization's unique needs and goals.

Employee Benefits 52

Employee Benefits Employment IT 52

Money Talk

OCTOBER 4, 2024

I recently presented a webinar for financial practitioners called Important Financial Transitions in Later Life. Based on content of my book , Flipping a Switch , “flipped switches” are a metaphor for later life transitions. Below is a brief summary of 11 financial transitions: Spending Down Retirement Savings - It can be difficult psychologically for “super savers” to spend down accumulated wealth because it feels like a loss.

Finance 194

Finance Taxes IT 194

Speaker: Kaitlin Ruby Carroll

Fertility benefits have become a crucial component of employee well-being and retention strategies. In today’s competitive landscape, creating a fertility benefits program that aligns with both employee needs and organizational goals can be more complex than it seems. From cycle-based to flat-dollar and telehealth models, each solution offers unique advantages and challenges that directly affect employee satisfaction and financial well-being.

Employee Wellness

PayrollOrg

OCTOBER 4, 2024

The Massachusetts Department of Revenue will conduct a tax amnesty program from November 1, 2024, through December 30, 2024. The program includes withholding taxes.

Taxes 104

Taxes 104

Workplace Insight

OCTOBER 1, 2024

A new poll claims that the vast majority (85 percent) of British SME bosses with HR responsibilities support proposals to give staff the “right to disconnect”, with 4 in 5 (80 percent) believing the Employment Rights Bill is a positive step forward for employees. The survey was conducted by Breathe HR to uncover sentiment towards new workers’ rights amongst bosses who will be steering through new rule changes at SMEs, ahead of the Employment Rights Bill being laid in parliament.

Parental Leave 105

Parental Leave Employment Management IT 105

WEX Inc.

OCTOBER 2, 2024

HSAs. FSAs. LSAs. If you’ve never been asked if you would like to participate in an employee benefits account before, you might be asking yourself, “What are all these acronyms?” In the second blog post in our three-part series to educate first-time participants, we walk through a few factors you should consider when choosing among employee benefits accounts for the first time.

Employee Benefits 98

Employee Benefits Flexible Spending Account Health Savings Account Life Insurance 98

PayrollOrg

OCTOBER 4, 2024

The IRS released the optional “high-low” per diem rates for lodging expenses and meals and incidental expenses (M&IE) that may be used instead of the actual rates.

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Pacific Prime

OCTOBER 2, 2024

Around the globe, individuals, families, and organizations are feeling the pinch as the cost of health insurance continues to rise. Taking the US as an example, our Cost of International Health Insurance Report 2023 reveals that the average annual premiums for individual international private medical insurance (IPMI) in 2022 was a staggering USD $9,817, while.

Health Insurance 98

Health Insurance Insurance Employment Medical 98

PeopleKeep

OCTOBER 1, 2024

The qualified small employer health reimbursement arrangement (QSEHRA) is an excellent choice for small businesses looking to offer health insurance benefits on a budget. To make the most of QSEHRA benefits for you and your employees, it's important to understand its deadlines. From initial implementation to annual notice requirements, missed deadlines can lead to repercussions.

Health Insurance 99

Health Insurance Insurance Employment IT 99

Advertiser: Paycor

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!

Employment

Employee Benefit News

SEPTEMBER 30, 2024

Key strategies include seeding emergency savings to cover six months' worth of expenses with the help of a financial adviser and matching contributions.

401(k) 108

401(k) 108

PayrollOrg

OCTOBER 3, 2024

In this October 2024 issue of Compliance TV: SSA updates AccuWage Online Help Guide, FAQ for 2024; ACA affordability percentage increases to 9.02% for 2025; and more.

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International Foundation of Employee Benefit Plans

OCTOBER 3, 2024

It is no surprise that during an election year, stress, tension and polarizing discourse infiltrate the workplace and affect employees’ mental health and productivity. Despite organizations’ efforts to foster open dialogue and collaboration, employees can still experience elevated levels of stress due […] The post Ensuring a Mentally Healthy Workplace During an Election Year appeared first on Word on Benefits.

Employee Benefits 95

Employee Benefits IT 95

HR Digest

OCTOBER 4, 2024

It’s a good day to be a Hobby Lobby employee and wake up to the news of another wage hike. The arts and crafts supply store recently announced that it has increased the starting wages for its employees again, making this the thirteenth increment since 2009. Hobby Lobby’s 2024 pay hike went into effect on October 1, 2024, so employees who apply to the company now should be able to benefit from the change.

401(k) 94

401(k) Retail Flexible Spending Life Insurance 94

Advertisement

Amidst rising cancer prevalence and soaring costs, new cancer technologies and innovations are emerging to support the early detection, treatment, and surveillance of cancer. Read this guide to understand how to evaluate these solutions for your employees and members – and to learn more about the current state of coverage, clinical and cost effectiveness, and impact on quality and outcomes.

Technology

Employee Benefit News

OCTOBER 3, 2024

Respondents reveal what upsets them most about job searching, and a career expert offers advice on how to make better progress.

Recruitment 114

Recruitment Technology 114

Florida Workers' Comp

OCTOBER 3, 2024

The economics of our lives is ever present, yet too often ignored. As a nation, America is persistently insufficient in the simple concept of savings. And that failure comes to roost periodically when the tomorrow we expect is supplanted by the tomorrow that we get. This week, WEARTV reported that evacuating from a storm like Helene can be an economic challenge.

Entertainment 80

Entertainment Workers’ Compensation Government Medical 80

BetterUp

OCTOBER 4, 2024

Jump to section The heartbreak of a friendship breakup How to get over a friendship breakup How to break up with a friend Is it normal to have friendship breakups?

IT 95

IT 95

PayrollOrg

OCTOBER 1, 2024

Sponsored by rapid!, the webinar “Redefining Earned Wage Access: Navigating the CFPB’s Proposed Regulatory Shifts,” on October 9 at 1:00 p.m. ET delves into the implications of the Consumer Financial Protection Bureau's (CFPB) proposed interpretive rule on earned wage access (EWA) products.

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Speaker: Debra Squyres and Todd Wuestenberg

Employee recognition has often been deemed a "feel-good" initiative, tied closely to rewards. While we understand its importance, we tend to associate recognition with intangible outcomes like engagement and sentiment, rather than direct impacts on retention and high performance. In today’s workplace, the true ROI of recognition lies in its ability to regenerate tangible, business-driven results.

IT

Workplace Insight

OCTOBER 2, 2024

Around a third of companies already use wearables to track their team’s activity and better gauge their physical, mental and emotional wellbeing, according to Deloitte’s 2024 Global Human Capital Trends Report. Deloitte predicts that usage will increase to two thirds by 2027. Neurotechnology, which uses electronics to read brain activity and can contextualise employee behaviour and interactions, is also anticipated to ramp up dramatically in use in that timeframe, from 3 percent to 31 perc

Electronics 91

Electronics Technology Employment Management 91

Florida Workers' Comp

OCTOBER 1, 2024

I had some positive feedback on a recent post Infantilised (September 2024). There are perceptions about the differences among various generations. Those perceptions are purportedly driving behavior. At the outset, it is imperative that we recognize that generations are a natural delineation of groups. Some rail against any grouping of people, generalizations, or preconceptions.

Entertainment 80

Entertainment Education Employment Technology 80

Employee Benefit News

OCTOBER 2, 2024

Core components of an effective benefits package include meaningful health and wellness programs, work-life balance initiatives and professional development.

Comprehensive Benefits 95

Comprehensive Benefits Benefits Package Employee Retention Employee Benefits 95

International Foundation of Employee Benefit Plans

OCTOBER 1, 2024

On September 9, 2024, the U.S. Departments of Health and Human Services (HHS), Labor (DOL), and the Treasury released new final rules implementing the Mental Health Parity and Addiction Equity Act (MHPAEA). The final rules set forth content requirements and timeframes for […] The post MHPAEA Final Rules Amending NQTL Standard appeared first on Word on Benefits.

Employee Benefits 86

Employee Benefits 86

Advertisement

Managing HR tasks like payroll, compliance, and employee data can overwhelm small businesses. That’s where a Human Capital Management (HCM) solution comes in. Our eBook, Why Every Small Business Needs an HCM Solution: A Comprehensive Guide , shows how an HCM system automates tedious processes, ensuring your business stays compliant and efficient. You’ll learn how to simplify payroll, eliminate costly errors, and empower your employees with self-service tools.

Payroll

HR Lineup

SEPTEMBER 30, 2024

Peer coaching is an innovative and increasingly popular approach to professional development, where colleagues collaborate to improve their skills, share knowledge, and support each other in achieving individual and organizational goals. It’s a process of mutual learning and growth, where two or more people with similar positions, roles, or expertise work together to provide feedback, motivation, and guidance.

Construction 81

Construction Education Benefit Providers Finance 81

Florida Workers' Comp

SEPTEMBER 29, 2024

I have written a great deal about hurricanes. Some might see in that an attraction to them. The opposite is true. I have spent decades worrying about these monsters as they potentialize in the Atlantic and Gulf, form, strengthen, and strike. Too often (way) they have implications for Florida and the many people I have come to know across it. The breadth of concern is often surprising to some.

Media 104

Media Food IT Employment 104

Employee Benefit News

OCTOBER 1, 2024

Corporate giants like Walmart and Disney are already using the company's hyper-intelligent workplace tech that goes beyond summarizing and note-taking.

Technology 92

Technology 92

International Foundation of Employee Benefit Plans

OCTOBER 2, 2024

How often do you think about your teeth? Until there’s an ache or pain, most people don’t think about their teeth until something bothers them. The mouth, often referred to as the “gateway to the body,” has been linked to a host […] The post Healthy Smiles: Exploring Canadian Dental Care appeared first on Word on Benefits.

Employee Benefits 82

Employee Benefits 82

Advertiser: Paycor

HR leaders drowning in paperwork struggle to meet C-suite's strategic expectations. Burnout and high turnover plague the field, with 95% feeling overwhelmed. This guide explores how the right tools can free HR from admin tasks and empower them to become the strategic leaders they’re meant to be.

Insperity

OCTOBER 1, 2024

If you’re leading an organization that employs human beings, their wellbeing must be a primary consideration of your company. This is because the people who work for your company are people – and that’s really enough of a reason on its own. And everyone wants to feel like they’re important to the people they’re around each day, beyond their functional role at work.

Employee Wellness 82

Employee Wellness 401(k) PTO Retirement Plan 82

Vantage Circle

OCTOBER 1, 2024

Understanding the different types of employee engagement is essential for creating a workforce that’s not just content, but motivated and driven to excel. It’s about tapping into the deeper connections employees have with their work, which fuels productivity, innovation, and long-term loyalty. When companies truly grasp how engagement takes shape, they can better navigate challenges, seize growth opportunities, and build teams that thrive under any conditions.

Human Resources 82

Human Resources Construction Software IT 82

Employee Benefit News

OCTOBER 2, 2024

Making assumptions and refusing to listen to employees are the biggest missteps most companies make, according to an expert.

Recruitment 100

Recruitment 100

Qandle

OCTOBER 4, 2024

The global shift towards remote work has transformed the modern workplace, offering flexibility and convenience to both employees and employers. However, with these advantages comes a new set of challenges, particularly in managing employee performance effectively. Performance management plays an essential role in ensuring that employees remain productive, engaged, and aligned with company goals—whether they work in the office or remotely.

Management 72

Management Construction Technology Human Resources 72

Speaker: Miriam Connaughton and Donald Knight

As organizations scale, keeping employees connected, engaged, and productive can seem like a monumental task. But what if AI could help you do all of this and more? AI has the power to help, but the key is implementing it in a way that enhances, rather than replaces, human connection. Join us for an exploration into how industry trailblazers are using AI to transform employee experience at scale while addressing both the potential and the pitfalls.

Technology