Sat.Mar 25, 2023 - Fri.Mar 31, 2023

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Mandatory Benefits: What Benefits Do Employers Have to Offer?

Patriot Software

Employee benefits beef up your compensation package. They can make or break your ability to hire and retain employees. For the most part, you can choose what to offer employees. But, there are several mandatory benefits you can’t afford to ignore. You not only need to stay competitive but also compliant.

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How digital health programs can reduce employer medical costs

Employee Benefit News

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Are Paycards and Earned Wage Access Synonymous?

PayrollOrg

Register for the webinar "Are Paycards and Earned Wage Access Synonymous?" on Tuesday, April 4 from 1:00 p.m. - 2:00 p.m. EDT.

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Buyer’s guide to group personal pension schemes

Employee Benefits

What is a group personal pension (GPP)? A group personal pension is a defined contribution (DC) arrangement whereby an employer agrees to make monthly contributions into a scheme, but the contract is between the employer and the pension provider. The pension freedoms that were announced in the 2014 Budget, and came into effect in April 2015, gave employees more choices and greater flexibility over their retirement options.

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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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Is Hourly or Salary Better? Pros and Cons

BetterUp

Jump to section What’s salary versus hourly pay?

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DEBT AWARENESS WEEK: SUPPORTING EMPLOYEES IN DEBT

Employee Benefits

With research suggesting that employees experiencing money worries cost the UK economy £120bn and 17.5 million lost hours of work, it pays for employers to offer financial wellbeing support. Debt Awareness Week, run by StepChange Debt Charity, brings the message that debt can happen to anyone to the Nation’s attention. “With the rising cost of living, we’re finding that many of the people who come to us for help are experiencing financial difficulties for the first time.

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15 Innovative Employee Wellness Program Ideas

Empuls

Employees are an indispensable part of any organisation, and their mental and physical well-being is crucial. With organisations competing to attract and retain talents, employers increasingly recognise the importance of employee wellness programs. So, let's explore 15 innovative employee wellness program ideas that can be implemented in any workplace.

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Build benefits and culture to support digital nomads

Employee Benefit News

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Could a return to pensions solve the impending retirement crisis?

Employee Benefit News

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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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So, I “Bit the Bullet” and Finally E-filed Our Taxes

Money Talk

Last year, I wrote a post that described the pros and cons of filing your income taxes by paper or electronically (e-filing). Looking back, it was also a “personal pep talk” for me because I knew I was part of a dying breed of paper income tax filers. Only about 8.2% of tax returns are filed by paper or, in numerical terms, nearly 13.2 million tax returns of the nearly 160.8 total returns that are filed.

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The top 6 team management skills all managers must master

Business Management Daily

Are you a new manager at your workplace? If so, you need to add specific soft skills to your toolbelt to become a stand-out team leader. In particular, effective team management skills are a must for any manager, regardless of industry. That’s because eliciting successful teamwork takes staunch communication skills , high levels of emotional intelligence , sharp problem-solving skills , and flawless task delegation.

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What happens when a qualifying COBRA event occurs?

Benefit Resource Inc.

An employee terms and you notify your COBRA administrator of the qualifying event. A letter goes out and you are done, right? Well, yes and no. It is important that a COBRA Qualifying Event Notice is: (1) provided to required individuals and (2) contains the appropriate details regarding COBRA coverage and election rights. Who needs to receive a COBRA qualifying event notice?

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What Causes Financial Stress?

Best Money Moves

What causes financial stress? Here are 3 of the top causes of financial stress among your team. (Plus, what you can do about them.) According to a study by the FINRA Investor Education Foundation , 60% of American adults feel anxious while thinking about their personal finances, and 50% feel stressed when talking to another person about their finances.

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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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Is your small business eligible for the Employee Retention Tax Credit?

Employee Benefit News

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Suffolk Libraries introduces menopause programme

Employee Benefits

Credit: Chris Lawrence Travel / Shutterstock.com Independent library service charity Suffolk Libraries has launched a ‘Menopause and Me’ programme to help employees experiencing the menopause and perimenopause. Suffolk Libraries partnered with mental health charity Suffolk Mind, which offers a free to access template for implementing a workplace menopause policy, help with creating a menopause-friendly workplace, and support for open conversations on the subject.

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Absenteeism in the Workplace: The Hidden Costs and Effective Strategies to Manage it

HR Digest

Absenteeism in the workplace can be a significant challenge for organizations, resulting in decreased productivity, increased costs, and a negative impact on employee morale. The COVID-19 pandemic has brought attention to the issue of workplace absenteeism, highlighting the need for organizations to implement effective strategies to manage absenteeism at work.

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3 Ways to Help Employees Fight Financial Stress and Economic Uncertainty

Best Money Moves

3 ways to help employees fight financial stress and economic uncertainty. Learn more about how companies can help employees dial down financial stress during times of economic uncertainty. U.S. workers face an uncertain economic future, and the stress takes its toll. Nearly half of U.S. adults say that money issues negatively impact their mental health, according to a Bankrate study.

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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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How to talk to employees nervous about job security

Insperity

Whenever there is economic uncertainty or public, mass lay-offs, it’s understandable why many employees may be worried about their job security. After all, one of the primary tactics that employers may deploy to help weather a recession is to cut company expenses, which often involves downsizing the business and a round (or several) of lay-offs and furloughs.

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SThree ensures it offers multi-faith support in the workplace

Employee Benefits

With a diverse workforce, recruitment firm SThree has taken steps to ensure it is able to support staff from different faiths. During Ramadan, employees who are fasting can take advantage of the organisation’s flexible-working policy, which means people can choose both the hours they work and where they work from. Gemma Branney, global director of purpose and inclusion, says: “It means employees who are fasting can request to start early or finish later to help them through the fasting per

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Beyond Burnout: Strategies for Managing Employee Stress

HR Digest

Employee stress and burnout are major concerns for businesses and organizations worldwide. In a fast-paced and demanding work environment, employees often face a lot of pressure and expectations, which can lead to stress, anxiety, and eventually burnout. As an employer, it’s important to recognize the signs of stress and burnout in employees and take proactive measures to manage and prevent them.

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Social Security Trustees Project Wage Base for 2024

PayrollOrg

The Board of Trustees of the Social Security Trust Fund projects the social security wage base will be $167,700 for 2024.

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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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Suicide Awareness and the Impact on the Workplace

HR Professionals Magazine

The post Suicide Awareness and the Impact on the Workplace appeared first on HRProfessionalsMagazine.

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How can a benefits proposition support different faiths in the workplace?

Employee Benefits

Need to know: Employers need to think about ensuring workers from all faiths can thrive if they want to engage and retain talent. Measures that could help might include flexible leave policies for religious festivals, prayer rooms and tolerant dress codes. Benefits professionals will need to ensure they offer suitable pension investments and teambuilding activities.

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Enhancing Employee Retention through Perks and Benefits

HR Digest

Employee retention is a crucial factor for organizations to maintain sustainable growth and competitive advantage. A high turnover rate can lead to increased costs associated with recruitment, training, and lost productivity, as well as a negative impact on employee morale and company culture. Therefore, it is essential for companies to adopt strategies that enhance employee retention.

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How ‘Real-time’ Is Redefining Our Pay

PayrollOrg

As real-time technology continues to evolve, new opportunities for business leaders to improve how they distribute payroll present pathways to improve the lives of their teams. With that in mind, here are a few key trends that will define payroll in the years ahead.

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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.