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.

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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.

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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.

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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.

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Finance Taxes IT 194

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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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3Sixty Insights

OCTOBER 3, 2024

I was introduced to Plum’s Discovery Survey tool by Michelle Meehan at HR Tech last week. Michelle and I had a great conversation about the outdated work structures that are affecting both employee experience and productivity. We touched on the need to rethink the traditional 40-hour work week, which, as it approaches its 100th anniversary in 2026, is long overdue for retirement—especially in many modern professions.

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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.

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PeopleKeep

OCTOBER 4, 2024

Group health insurance remains a popular employer-sponsored benefit in the United States. But traditional group health plans are too costly for many employers. Plus the one-size-fits-all nature of these policies may not meet every employee’s needs. That’s why more employers are turning to personalized benefits like health reimbursement arrangements (HRAs), which offer employers more budget control and employees more flexibility over their medical care.

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3Sixty Insights

OCTOBER 4, 2024

A guide for the savvy and smart individuals who want to leverage the power of artificial intelligence without losing their mind. Introduction If you’re reading this, chances are you’ve heard of artificial intelligence (AI) or have at least tried using it. You know, the technology that can do amazing things like write code, chat with you, or even beat you at chess.

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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.

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Taxes 104

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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.

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.

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Employee Benefits IT 101

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.

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Employee Benefits

OCTOBER 3, 2024

While only 8-9% of UK employers publish pay ranges externally, nearly half (48%) have committed to sharing data, according to research by financial services firm Mercer. Its UK pay transparency study, which took data from nearly 100 businesses representing more than one million employees, to discover gender pay gap reporting challenges or concerns surrounding employees’ understanding of requirements, also found that compared to employers worldwide which are planning significant increases in the

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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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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

Employee Wellness

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.

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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.

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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

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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.

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Recruitment Technology 117

Advertiser: Paycor

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Employment

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.

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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.

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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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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?

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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.

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.

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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.

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Entertainment Education Employment Technology 80

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.

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Health Insurance Insurance Employment IT 91

Qandle

SEPTEMBER 29, 2024

In today’s fast-paced business environment, managing human resources efficiently is crucial for maintaining a productive and engaged workforce. One essential tool that can significantly enhance HR operations is HR helpdesk software. This blog provides a comprehensive comparative analysis of various HR helpdesk software options, helping you choose the best solution for your organization’s needs.

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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.

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