Sat.May 20, 2023 - Fri.May 26, 2023

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Buyer’s guide to private medical insurance

Employee Benefits

What is private medical insurance (PMI)? PMI is a type of insurance designed to cover medical expenses incurred during illness or injury, such as operations, consultations, diagnostic investigations and tests. It traditionally involved full medical underwriting or a moratorium, meaning it can cover pre-existing conditions, unlike other types of healthcare plans.

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Do your caregiving benefits support parents of neurodiverse children?

Employee Benefit News

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Trending Sources

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The pros and cons of term life insurance vs. permanent life insurance

Higginbotham

One of the first and most important responsibilities embraced by every breadwinner is life insurance. As soon as you have loved ones depending on your income and sharing the obligation of your debts, you can provide them with guaranteed protection from the potentially devastating financial losses that could occur in the event something happens to you.

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Electronic Filing Threshold Reduction, Digital Assets Covered by PayrollOrg in SSA/IRS Reporter

PayrollOrg

The SSA/IRS Reporter, second quarter 2023, contains two articles written by PayrollOrg on the IRS’s lowered electronic filing threshold beginning in 2024 and valuating digital assets for federal tax purposes.

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The Great Disruption: Leveraging AI To Better Your Benefits Strategy

Speaker: Joana Ardelean, MSHRM, PHR, SHRM-CP, CC

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.

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Get the Scoop on California’s Bereavement Leave Law

InterWest Insurance Services

The California Civil Rights Department (CRD) recently released a detailed set of frequently asked questions about a new bereavement law that requires employers in the state with five or more workers to provide leave for up to five days to a worker who loses an immediate family member. The law, which took effect Jan. 1, 2023, covers bereavement leave upon the death of a: Spouse Child Parent Sibling Grandparent Grandchild Domestic partner, or Parent in-law.

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From personal milestones to great work, Allstate helps employees celebrate their wins

Employee Benefit News

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Primary care physicians can help battle rising healthcare costs

Employee Benefit News

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4 things employers should know about the state of the workforce

Employee Benefit News

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Travers Smith and Wood shortlisted for Best flexible benefits plan

Employee Benefits

Law firm Travers Smith and project, engineering, and technical services business Wood have been shortlisted for Best flexible benefits plan at the Employee Benefits Awards 2023. This category was created to recognise a successful strategy that has effectively delivered a flexible benefits plan. This can include plans that operate within a set enrolment period, as well as any-time enrolment.

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10 HR Metrics for 2025: HR Data Toolkit

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!

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Insights From a Financial Education and Research Conference

Money Talk

I recently attended a virtual conference sponsored by FERMA , which included dozens of sessions about topics of interest to personal finance educators and researchers. Below is a summary of new and/or useful information that caught my attention: Fast Fashion - Key characteristics are short production and distribution lead times, highly fashionable product design through continuous trend spotting, and a sense of urgency and scarcity so consumers make frequent purchases.

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District Court Holds Employer “Expelled” From Plan May Not Have Effected a “Withdrawal”

Proskauer's Employee Benefits & Executive Compensa

In Central States v. Wingra , No. 21-cv-3684, 2023 WL 199360 (N.D. Ill. Jan. 17, 2023), the district court held that an employer expelled from a multiemployer pension plan may not owe withdrawal liability because the permanent cessation of the employer’s obligation to contribute was not voluntary. While the court subsequently limited the decision as being for discovery purposes only ( see Central States v.

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Where to get the best employee benefits across the US

Employee Benefit News

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Cardinal Global Logistics becomes employee owned

Employee Benefits

Manchester-headquartered logistics services business Cardinal Global Logistics has transitioned to an employee ownership model to mark 25 years in business. The business, which employs more than 400 employees, aimed to create an environment where every member of staff has the same opportunity to become a partner in its democratisation model, sharing in the profits it generates each year.

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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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12 Tips to Achieve and Maintain a Good Work-Life Balance

BetterUp

Feeling like all you do is work? You’re not alone. Several statistics show that more than 60 percent of U.S. employees feel like their work-life balance is out of whack. But how do you balance your work-life with so much work happening at home? And how do you balance your workload to be more efficient? Is it more than just hitting a weekly yoga class ?

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LGBT-Friendly Workplace: 3 Ways to Make It Inclusive

HR Digest

Creating an LGBT-friendly workplace isn’t just the right thing to do, it makes business sense, too. “Inclusive workplaces ensure employees are safe, respected and able to fully contribute” says Jackie Ferguson, Head of Content & Programming at The Diversity Movement. As LGBTQ professionals are more able to be out at work, it’s every company’s responsibility to make its queer-friendly workplace by improving LGBTQ+ inclusion at work and creating an inclusive work culture to make queer em

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4 ways to get employees excited about returning to the office

Employee Benefit News

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Neonatal, carer and family leave acts receive Royal Assent

Employee Benefits

The Neonatal Care (Leave and Pay) Act, the Carer’s Leave Act and the Protection from Redundancy (Pregnancy and Family Leave) Act have received Royal Assent. Once in force, these government-backed bills will support vulnerable workers and parents during difficult times. The Neonatal Care (Leave and Pay) Act, introduced by Stuart C McDonald MP, will allow eligible employed parents whose newborn baby is admitted to neonatal care to take up to 12 weeks of paid leave, so that they can spend more time

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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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6 Best Practices for Modern Employee Performance Management 

15Five

Is your performance management program actually moving the needle on employee performance? Research shows that many organizations (more than half by some estimates) are falling short. In a McKinsey & Company survey, 54% of respondents said performance management at their organization had not had a positive effect on performance. (If not to improve employee performance, what exactly is the point of “managing” it?

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HR Digital Transformation: 6 Steps to Adopting Smooth Transition

HR Digest

HR digital transformation is a hot topic for many HR professionals , and it should be, since digital technology has the potential and ability to transform HR as we know it. One of the key themes for many organizations in the next 10 years will be digital transformation. Digital adoption and transformation is a key development for most organizations in their strategic goals.

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Fit for success: How exercise can improve employee engagement and job satisfaction

Employee Benefit News

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Bystander intervention training is a workplace necessity

Business Management Daily

In 2022, the city of Chicago added bystander intervention training to its workplace training requirement. Chicago companies must provide one hour of bystander intervention training annually for their employees. Some places, including New York City, already include bystander training as a component of sexual harassment prevention training. Chicago became the first to make it a separate requirement, but there’s no reason to think it will stop at Chicago.

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4 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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Idaho Revises Withholding Tables, No Retroactive Withholding

PayrollOrg

Effective for wages paid on or after January 1, 2023, Idaho withholding tables have been revised to reflect a reduction in the personal income tax rate. Employers should begin using the tables immediately but do not have to adjust withholding going back.

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The Price of Stability: Delving into Disney’s Round Three of Layoffs 2023

HR Digest

In a poignant turn of events, entertainment giant Disney has commenced its third round of layoffs, casting an unsettled shadow of uncertainty and anxiety over its divisions. Disney’s layoffs in 2023 will be handing over pink slips to 2500 employees. The division slated to be impacted by the impending Disney job cuts in round three remains shrouded in mystery.

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Gen Z wants the office experience — but are employers ready to invest?

Employee Benefit News

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Built-in Loneliness Gene?

Florida Workers' Comp

Nostalgia. It surrounds us. The older we get, the thicker it swirls perhaps. Remember Mrs. Robinson ? For that matter, does anyone even remember Simon and Garfunkel? "Where have you gone, Joe DiMaggio? Our nation turns its lonely eyes to you" Joe was a baseball player. Baseball was a relaxing, some say tedious, method of passing an afternoon. It was once the national pastime , but that time has passed.

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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.